Issue No 147 | October 6, 2025
AI, M&A and interest rates drove solid utility stock returns last month.
Among the winners: CenterPoint Energy (NYSE: CNP), which took the unusual step of raising 2025 earnings guidance ahead of its Q3 numbers. By 2031, industrial demand growth led by AI-enabled data centers is expected to boost electricity usage roughly 50 percent in the utility’s core Houston, Texas service territory.
So far this year, 50 Utility Report Card have raised guidance for similar reasons. And I expect a couple dozen more to follow in the next few weeks.
Investment growth is driving mergers and acquisitions. Minnesota regulators […]
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Politics and Regulation: Danger and Opportunity
It’s 11 months and counting since the last election. And there are already two clear lessons for investors. First, when it comes to America’s divided politics, always be prepared for the unexpected [...]
Still Harvesting But Bargains Remain
In this advisory, we don’t buy emojis, “hot tips” or hopelessly complicated ETFs. We build positions in healthy, growing businesses. To assess companies’ quality, we focus on five basic criteria: [...]
Fewer Dividend Cuts, but Increases Slow
Five Utility Report Card companies have cut dividends so far in 2025. And with the exceptions of the two currently on the Endangered Dividends List—Cogent Communications (NSDQ: CCOI) and SK Telecom (N [...]
Next Issue Date: November 10, 2025
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Roger Conrad has committed his entire professional life to uncovering the best investment opportunities in the utility sector. Roger loves the industries he covers and never stops digging, never stops learning. Roger has never strayed from his mission of delivering the best stocks for investors seeking reliable income.
About Roger S. Conrad
Roger S. Conrad needs no introduction to individual and professional investors, many of whom have profited from his decades of experience uncovering the best dividend-paying stocks for accumulating sustainable wealth.
Roger built his reputation with Utility Forecaster, a publication he founded more than 20 years ago that The Hulbert Financial Digest routinely ranked as one of the best investment newsletters. He’s also a sought-after expert on master limited partnerships (MLP) and former Canadian royalty trusts.
In April 2013, Roger reunited with his long-time friend and colleague, Elliott Gue, becoming co-editor of Energy & Income Advisor, a semimonthly online newsletter that’s dedicated to uncovering the most profitable opportunities in the energy sector.
Although the masthead may have changed, readers can count on Roger to deliver the same high-quality analysis and rational assessment of the best dividend-paying utilities, MLPs and dividend-paying Canadian energy names.
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