It appears all the president’s men can’t put King Coal back together again.
Once again, US electric utilities have collectively yawned at a Trump Administration proposal to revive coal-fired power in the US, this time by stripping away regulations on plant upgrades to discourage shutdowns of older facilities.
Formerly one of the world’s largest users of coal, Duke Energy (NYSE: DUK) this month filed in North Carolina to speed up the closure of three large facilities by six years to 2024. The utility now plans to ultimately replace all coal capacity with cheaper natural gas, and a combination of wind, solar and energy storage increasingly favored by its regulators.
All Conrad’s Utility Investor Portfolio companies have now reported calendar second quarter results and updated their guidance, and all but TerraForm Power (NSDQ: TERP) are highlighted in the August issue Utility Report Card.
More than 20 Conrad’s Utility Investor coverage universe companies have reported second quarter earnings, along with updated guidance. My comments along with updated advice, payout ratios and Quality Grades are highlighted in the Utility Report Card.
Just three days after beating a US Department of Justice lawsuit, Conservative Holding AT&T Inc (NYSE: T) has closed its merger with Time Warner Inc (NYSE: TWX). The combined company will now attempt to do what fellow Portfolio recommendation Comcast Corp (NSDQ: CMCSA) has so successfully with NBC Universal the past four years.
The seven yieldcos we track in the Utility Report Card are up roughly 5 percent since the February 9 Income Insights. That’s when I highlighted the sector’s bullish reboot, thanks to a mass turnover of sponsors.
Hurricane Florence continues to wreak havoc in the Carolinas. And there’s reason to believe the worst may be yet to come for some areas, and for a few essential services companies.
China is a country many Americans love to hate, whether the subject is geopolitical rivalry, trade or jobs. But the world’s second largest economy is consistently expanding.
Last year’s devastating northern California wildfires won’t bankrupt the state’s largest utility, nor will future natural disasters permanently damage other in-state electric and gas providers. Here's why.
Political upheaval has pushed the Australian dollar to its lowest point in two years as an energy crisis has rocked the country, but the best in class is still worth our investment dollars.
This week, Barron’s “5 Dividend Standouts,” asserted that “finding stocks with both attractive yields and strong dividend growth isn’t easy.” But I take issue with the article’s implication that individual investors can’t find stocks with generous and growing dividends on their own when there are 8 rock-solid, buy-rated essential services stocks in our Conservative Income Portfolio right now, yielding an average of 6 percent.
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.