Every US electric utility but one—T&D company National Grid (London: NG, NYSE: NGG)— has now released Q1 results and updated guidance. So have all major contract generation companies, with the exception of NRG Energy (NYSE: NRG).
Both are scheduled to report later this week. But we’ve already learned much about the state of the sector, where it’s headed and what it means for investors.
In the spotlight this spring is utilities’ embrace of renewable energy as a resource. Once fiercely resisted, it’s now the clear first choice of companies to deploy, a fact again confirmed in my quarterly canvas of earnings and updated guidance.
Invest Smarter! Join Conrad’s Utility Investor!
Smart investing. Taking advantage of real opportunities and not fads (and knowing the difference). Finding the companies and stocks that will deliver for the long haul, so investing lets you live instead of investing turning into your life. Roger Conrad has dedicated his career to these principles—and that’s what Conrad's Utility Investor delivers.
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.