The stock market’s post-election bump has flattened. But utilities are holding firm so far this year, well in the black and running ahead of the S&P 500. There are exceptions. With the Federal Reserve keeping benchmark interest rates higher for longer, many investors are understandably reluctant to own companies with higher levels of debt. Sempra Energy (NYSE: SRE) took a hit last month when management cut 2025 earnings guidance, though management actually raised the utility’s long-term growth projections. Worries about politics and fallout from California’s worst-ever wildfire season are still roiling some stocks.
There was an explosion of takeover activity in the Utility Report Card coverage universe today. Here’s a look at four deals announced today and what they mean for us.
Yesterday, I posted the May issue of Conrad’s Utility Investor, highlighting what’s important from Q1 results and guidance updates for 29 Portfolio recommendations. Since then, seven more of top picks have released results.
Roger's favorite utilities for investors seeking superior price appreciation by taking calculated risks.
Harness the tried and true wealth-building power of rising dividends.
Nothing compounds wealth like reinvesting a rising stream of dividends.
Warning: Falling Dividends.
Roger's current take and vital statistics on more than 200 essential-services stocks.