Issue No 143 | June 9, 2025
Utility companies enjoy truly generational opportunities to invest in their growth. That’s clear from Q1 results and guidance calls, which I’ve highlighted in Utility Report Card comments the past two months.
The challenge is financing. Borrowing costs have stayed higher for longer. And now the US government is threatening to up-end tax credits companies were using to offset. And tariffs are increasing building cost inflation, importantly the 50 percent tax on steel imports.
M&A is one antidote. The US electric, gas, water and communications industries have been consolidating into ever larger and stronger companies for the last 125 years.
Now the […]
MORE ARTICLES FROM THE ISSUE
Utility M&A is Heating Up: Here’s How to Take Advantage
There have been literally thousands of utility mergers in the 125 years or so since electricity, heat, communications and water became essential services. And the beat goes on. I count 20 ongoing d [...]
Staying With What We Have
Resilient investment-led earnings growth, the on again/off again Great Rotation out of the Big 8 Tech stocks and into high quality stocks across industries, investors’ growing appetite for safety, the [...]
On Avoiding Dividend Risk
No Utility Report Card companies cut dividends last month. That leaves the year-to-date tally at four, following seven cuts in 2024. That’s a low number, considering the several hundred dividend in [...]
Next Issue Date: July 10, 2025
Put Roger’s wealth of experience to work for your portfolio.
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.
A Message from Roger S. Conrad
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