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Earnings
Allete sees 2020 adjusted EPS $3.25-$3.45, consensus $3.36  06:37
08/05/20
08/05
06:37
08/05/20
06:37
ALE

Allete

$59.91 /

+0.21 (+0.35%)

 
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ALE Allete
$59.91 /

+0.21 (+0.35%)

ALE Allete
$59.91 /

+0.21 (+0.35%)

04/02/20 Sidoti
Allete downgraded to Neutral from Buy at Sidoti
03/03/20 Mizuho
Allete upgraded to Neutral from Underperform at Mizuho
01/08/20 Guggenheim
Guggenheim changes eight ratings, names Exelon best idea in 2020 Utility outlook
01/07/20 Guggenheim
Allete upgraded to Buy from Neutral at Guggenheim
ALE Allete
$59.91 /

+0.21 (+0.35%)

Earnings
Allete reports Q2 EPS 39c with items, consensus 67c » 06:36
08/05/20
08/05
06:36
08/05/20
06:36
ALE

Allete

$59.91 /

+0.21 (+0.35%)

Q2 EPS included a 16c…

Q2 EPS included a 16c charge for the recent Minnesota Power rate case resolution. Reports Q2 revenue $243.2 M, consensus $290.75M. "Although results for the quarter reflect obvious negative economic impacts of the COVID-19 pandemic, on a year to date comparison, our financial results are similar to those in 2019, excluding the Q2 rate case resolution impact," said CFO Bob Adams.

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ALE Allete
$59.91 /

+0.21 (+0.35%)

ALE Allete
$59.91 /

+0.21 (+0.35%)

04/02/20 Sidoti
Allete downgraded to Neutral from Buy at Sidoti
03/03/20 Mizuho
Allete upgraded to Neutral from Underperform at Mizuho
01/08/20 Guggenheim
Guggenheim changes eight ratings, names Exelon best idea in 2020 Utility outlook
01/07/20 Guggenheim
Allete upgraded to Buy from Neutral at Guggenheim
ALE Allete
$59.91 /

+0.21 (+0.35%)

Recommendations
Portland General Electric price target lowered to $41 from $48 at Mizuho » 06:53
08/03/20
08/03
06:53
08/03/20
06:53
POR

Portland General Electric

$44.11 /

-0.295 (-0.66%)

Mizuho analyst Paul…

Mizuho analyst Paul Fremont lowered the firm's price target on Portland General Electric to $41 from $48 and keeps a Neutral rating on the shares following the company's results to reflect current multiples.

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POR Portland General Electric
$44.11 /

-0.295 (-0.66%)

POR Portland General Electric
$44.11 /

-0.295 (-0.66%)

07/17/20 Wolfe Research
Portland General Electric upgraded to Peer Perform from Underperform at Wolfe Research
05/12/20 Mizuho
Portland General Electric downgraded to Neutral on valuation at Mizuho
05/12/20 Mizuho
Portland General Electric downgraded to Neutral from Buy at Mizuho
04/27/20 Wells Fargo
Portland General Electric price target lowered to $48 from $64 at Wells Fargo
POR Portland General Electric
$44.11 /

-0.295 (-0.66%)

Recommendations
PG&E price target raised to $14.50 from $13.50 at Mizuho » 06:27
08/03/20
08/03
06:27
08/03/20
06:27
PCG

PG&E

$9.34 /

+0.05 (+0.54%)

Mizuho analyst Paul…

Mizuho analyst Paul Fremont raised the firm's price target on PG&E to $14.50 from $13.50 and reiterates a Buy rating on the shares. The company's "sizeable" spending increase coupled with greater commitment on the part of California to control future wildfire events should begin the "long process" of reducing fire risk going forward, Fremont tells investors in a research note.

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PCG PG&E
$9.34 /

+0.05 (+0.54%)

PCG PG&E
$9.34 /

+0.05 (+0.54%)

07/28/20 Citi
PG&E shares look inexpensive into wildfire season, says Citi
07/26/20 Goldman Sachs
PG&E resumed with a Buy at Goldman Sachs
07/09/20 Mizuho
PG&E trading at 56% price-to-earnings discount, says Mizuho
06/24/20 Vertical Research
PG&E initiated with a Buy at Vertical Research
PCG PG&E
$9.34 /

+0.05 (+0.54%)

  • 26
    Jun
PCG PG&E
$9.34 /

+0.05 (+0.54%)

PCG PG&E
$9.34 /

+0.05 (+0.54%)

PCG PG&E
$9.34 /

+0.05 (+0.54%)

Earnings
Portland General Electric backs FY20 EPS view of $2.20-$2.50, consensus $2.39 » 05:51
07/31/20
07/31
05:51
07/31/20
05:51
POR

Portland General Electric

$44.40 /

+0.515 (+1.17%)

Portland General Electric…

Portland General Electric said in its Q2 earnings release, "PGE is reaffirming its 2020 earnings guidance of $2.20 to $2.50 per diluted share. This guidance is based on the following assumptions: Revised annual retail deliveries from a decrease of 1% to 2%, weather adjusted, to flat energy deliveries, weather adjusted, year over year. This upward revision reflects stronger residential and industrial demand offset by a decline in commercial deliveries; Net variable power costs for the year ending December 31, 2020 to be below the power cost adjustment mechanism baseline, but within the established deadband range; Average hydro conditions for the year; Wind generation based on five years of historical levels or forecast studies when historical data is not available; Normal thermal plant operations; Operating and maintenance expense between $570 million and $590 million, which includes a full-year forecasted bad debt expense of $15 million due to moratoriums on collection activities and customer disconnects; and Depreciation and amortization expense between $410 million and $430 million."

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POR Portland General Electric
$44.40 /

+0.515 (+1.17%)

POR Portland General Electric
$44.40 /

+0.515 (+1.17%)

07/17/20 Wolfe Research
Portland General Electric upgraded to Peer Perform from Underperform at Wolfe Research
05/12/20 Mizuho
Portland General Electric downgraded to Neutral on valuation at Mizuho
05/12/20 Mizuho
Portland General Electric downgraded to Neutral from Buy at Mizuho
04/27/20 Wells Fargo
Portland General Electric price target lowered to $48 from $64 at Wells Fargo
POR Portland General Electric
$44.40 /

+0.515 (+1.17%)

Earnings
Portland General Electric reports Q2 EPS 43c, consensus 33c » 05:49
07/31/20
07/31
05:49
07/31/20
05:49
POR

Portland General Electric

$44.40 /

+0.515 (+1.17%)

Reports Q2 revenue $469M,…

Reports Q2 revenue $469M, consensus $455.84M. "We achieved solid second quarter financial results, driven by a combination of favorable hydro and wind conditions and lower operating expenses," said Maria Pope, PGE president and CEO. "As an essential service provider, we will continue working to keep costs low to support economic recovery and the communities we serve in this unprecedented time."

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POR Portland General Electric
$44.40 /

+0.515 (+1.17%)

POR Portland General Electric
$44.40 /

+0.515 (+1.17%)

07/17/20 Wolfe Research
Portland General Electric upgraded to Peer Perform from Underperform at Wolfe Research
05/12/20 Mizuho
Portland General Electric downgraded to Neutral on valuation at Mizuho
05/12/20 Mizuho
Portland General Electric downgraded to Neutral from Buy at Mizuho
04/27/20 Wells Fargo
Portland General Electric price target lowered to $48 from $64 at Wells Fargo
POR Portland General Electric
$44.40 /

+0.515 (+1.17%)

Earnings
PG&E sees FY21 core EPS 95c-$1.05, consensus $1.66 » 08:39
07/30/20
07/30
08:39
07/30/20
08:39
PCG

PG&E

$9.17 /

+0.225 (+2.52%)

PG&E said in its Q2…

PG&E said in its Q2 earnings release, "PG&E Corporation is initiating 2021 GAAP earnings guidance in the range of $0.17 to $0.29 per share, which includes non-core items. PG&E is providing 2021 non-core items guidance of approximately $1.7 billion after-tax for a net securitization inception charge, amortization of wildfire insurance fund contributions, bankruptcy and legal costs, and investigation remedies and delayed cost recovery, partially offset by the 2011 GT&S capital audit. On a non-GAAP basis, the guidance range for projected 2021 core earnings is $0.95 to $1.05 per share. Factors driving non-GAAP core earnings include net below the line and spend above authorized of up to $100 million after tax and unrecoverable interest expense of $275 million to $325 million after tax. Guidance is based on various assumptions and forecasts, including those relating to authorized revenues, future expenses, capital expenditures, rate base, equity issuances, the potential Net Operating Loss (NOL) securitization, and certain other factors."

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PCG PG&E
$9.17 /

+0.225 (+2.52%)

PCG PG&E
$9.17 /

+0.225 (+2.52%)

07/28/20 Citi
PG&E shares look inexpensive into wildfire season, says Citi
07/26/20 Goldman Sachs
PG&E resumed with a Buy at Goldman Sachs
07/09/20 Mizuho
PG&E trading at 56% price-to-earnings discount, says Mizuho
06/24/20 Vertical Research
PG&E initiated with a Buy at Vertical Research
PCG PG&E
$9.17 /

+0.225 (+2.52%)

  • 26
    Jun
PCG PG&E
$9.17 /

+0.225 (+2.52%)

PCG PG&E
$9.17 /

+0.225 (+2.52%)

PCG PG&E
$9.17 /

+0.225 (+2.52%)

Earnings
PG&E sees FY20 core EPS $1.60-$1.63, consensus $2.04  08:38
07/30/20
07/30
08:38
07/30/20
08:38
PCG

PG&E

$9.17 /

+0.225 (+2.52%)

 
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PCG PG&E
$9.17 /

+0.225 (+2.52%)

PCG PG&E
$9.17 /

+0.225 (+2.52%)

07/28/20 Citi
PG&E shares look inexpensive into wildfire season, says Citi
07/26/20 Goldman Sachs
PG&E resumed with a Buy at Goldman Sachs
07/09/20 Mizuho
PG&E trading at 56% price-to-earnings discount, says Mizuho
06/24/20 Vertical Research
PG&E initiated with a Buy at Vertical Research
PCG PG&E
$9.17 /

+0.225 (+2.52%)

  • 26
    Jun
PCG PG&E
$9.17 /

+0.225 (+2.52%)

PCG PG&E
$9.17 /

+0.225 (+2.52%)

PCG PG&E
$9.17 /

+0.225 (+2.52%)

Earnings
PG&E reports Q2 core EPS $1.03, consensus 88c » 08:37
07/30/20
07/30
08:37
07/30/20
08:37
PCG

PG&E

$9.17 /

+0.225 (+2.52%)

Reports Q2 revenue…

Reports Q2 revenue $4.53B, consensus $4.11B. "With our Chapter 11 cases now behind us, we're on track to become a stronger company," said Bill Smith, Interim CEO, PG&E Corporation. "Our focus now will be building on the many changes we put in place during the bankruptcy, which set the foundation for this new era at PG&E. Our mandate is to rebuild the trust of our customers and stakeholders while delivering safety performance and operational excellence across our business. We'll do that by making targeted investments in our systems and achieving positive local results day in and day out."

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PCG PG&E
$9.17 /

+0.225 (+2.52%)

PCG PG&E
$9.17 /

+0.225 (+2.52%)

07/28/20 Citi
PG&E shares look inexpensive into wildfire season, says Citi
07/26/20 Goldman Sachs
PG&E resumed with a Buy at Goldman Sachs
07/09/20 Mizuho
PG&E trading at 56% price-to-earnings discount, says Mizuho
06/24/20 Vertical Research
PG&E initiated with a Buy at Vertical Research
PCG PG&E
$9.17 /

+0.225 (+2.52%)

  • 26
    Jun
PCG PG&E
$9.17 /

+0.225 (+2.52%)

PCG PG&E
$9.17 /

+0.225 (+2.52%)

PCG PG&E
$9.17 /

+0.225 (+2.52%)

Hot Stocks
Portland General Electric raises annual dividend by 5.8% to 40.75 per share » 05:41
07/30/20
07/30
05:41
07/30/20
05:41
POR

Portland General Electric

$43.89 /

+0.195 (+0.45%)

Portland General Electric…

Portland General Electric said in a release, "On July 29, 2020, the board of Portland General Electric approved an increase in the annual dividend of 5.8%, or nine cents per share, declaring a quarterly common stock dividend of 40.75 cents per share. Last quarter, the dividend remained consistent with previous quarters, reflecting uncertainties related to the onset of the COVID-19 pandemic. At that time, the board pledged to reevaluate the dividend quarterly. The quarterly dividend is payable on or before October 15, to shareholders of record at the close of business on September 25."

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POR Portland General Electric
$43.89 /

+0.195 (+0.45%)

POR Portland General Electric
$43.89 /

+0.195 (+0.45%)

07/17/20 Wolfe Research
Portland General Electric upgraded to Peer Perform from Underperform at Wolfe Research
05/12/20 Mizuho
Portland General Electric downgraded to Neutral on valuation at Mizuho
05/12/20 Mizuho
Portland General Electric downgraded to Neutral from Buy at Mizuho
04/27/20 Wells Fargo
Portland General Electric price target lowered to $48 from $64 at Wells Fargo
POR Portland General Electric
$43.89 /

+0.195 (+0.45%)

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