Utilities Weekly Update November 22, 2013
Jenna Ecker [email protected]
Ashley Boecker [email protected]
5D 3M 6M 1Y 5Y YTD
S&P 500 .75 8.79 8.58 28.17 101.12 23.25
XLU -1.85 3.02 0.34 11.56 27.86 8.3
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5D 3M 6M 1Y 5Y YTD
S&P500
XLU
Ticker Close Market Cap P/E (ttm) F P/E 52W Range EPS (ttm) Dividend Ex-Dividend Date
CNP $24.57 10.09B 30.48 18.05 18.79-25.65 0.77 0.83 November 13, 2013
DUK $71.13 49.92 20.76 15.47 61.04-75.46 3.41 3.12 November 13, 2013
NU $42.18 13.10 B 16.78 15.32 37.70-45.66 2.48 1.47 September 12, 2013
OKE $58.95 12.16B 43.17 29.74 39.39-59.51 1.37 1.52 October 31, 2013
SRE $89.49 21.55B 21.74 19.54 65.74-93.00 4.05 2.52 September 25, 2013
WEC $42.20 9.44B 18.05 16.21 36.16-45.00 2.31 1.53 November 12, 2013
XLU News
Looking Friday at week-over-week
shares outstanding changes, the
largest inflow was seen in the
Utilities Sector which added 10.2
million shares equaling a 7.6%
increase week over week. Among the
largest underlying components of
XLU, in trading Friday Duke Energy
(DUK) is up about 0.2%.
Utilities Weekly Update November 22, 2013
Jenna Ecker [email protected]
Ashley Boecker [email protected]
CenterPoint Energy (CNP)
Ticker Close Market Cap P/E (ttm) F P/E 52W Range EPS (ttm) Dividend Ex-Dividend Date CNP $24.57 10.09B 30.48 18.05 18.79-25.65 0.77 0.83 November 13, 2013
CenterPoint Energy owns a portfolio of energy-related businesses. Its regulated electric utility provides service in the Texas Gulf Coast that includes the city of Houston. The company has natural gas distribution systems in six states, including the cities of Houston and Minneapolis, and owns two interstate natural gas pipelines. CenterPoint's field services business gathers and processes natural gas in the midcontinent region and its natural gas marketing business has more than 11,000 commercial and industrial customers.
Technical Analysis
CNP shares have traded
between a low of $18.79 and
a high of $25.65 and are now
at $24.57, which is 26%
above that low price.
Catalysts
Planned and Potential Rate Cases
Midstream Investment Activity
Attractive and Balanced Portfolio
Advanced Meter Technology
Next Earnings date:
February 24, 2014
News
CNP, OGE and ArcLight Capital Partners, LLC
announced today that Enable Midstream
Partners, LP has filed a registration
statement related to the proposed IPO of
its common units representing limited
partner interests. The offering is expected
to occur in the first quarter of 2014.
Businesses:
Electric Transmission &
Distribution
Natural Gas Distribution
Interstate Pipelines
Field Services
Competitive Natural
Gas Sales and Services
Utilities Weekly Update November 22, 2013
Jenna Ecker [email protected]
Ashley Boecker [email protected]
Duke Energy (DUK)
Ticker Close Market Cap P/E (ttm) F P/E 52W Range EPS (ttm) Dividend Ex-Dividend Date DUK $71.13 49.92 20.76 15.47 61.04-75.46 3.41 3.12 November 13, 2013
Duke Energy provides electric and gas services in a sustainable way. They are the largest electric power holding company in the United States, supplying and delivering energy to approximately 7.2 million U.S. customers. They have approx. 57,700 megawatts of electric generating capacity in the Carolinas, the Midwest and Florida – and natural gas distribution services in Ohio and
Kentucky. Their commercial and international businesses own and operate diverse power generation assets in North America and Latin America, including a portfolio of renewable energy assets.
Technical Analysis Over the past week, the 200-d MA has remained constant while the 50d-MA has advanced 0.5%.
Catalysts
Increasing Renewable Investments
Economic Development
Pending Rate Cases
Continued Dividend Growth
Next Earnings date:
February 10, 2014
News
Beginning December 1, 2013 DUK Progress
Customers in North Carolina will pay less
for electricity. The decrease amounts to
$2.12 which is nearly 2 percent per month.
DUKE Carolinas, LLC, has filed a new
renewable energy program with the NCUC.
This is an experimental program designed
to give energy-intensive customers the
option of offsetting some or all of their
energy consumption from new load- with
renewable energy.
Subsidiaries:
Franchised Electric & Gas Services
Duke Energy Renewables
Telecommunications Duke Energy
Commercial Transmission
Commercial Power International Duke Energy Retail
Utilities Weekly Update November 22, 2013
Jenna Ecker [email protected]
Ashley Boecker [email protected]
Northeast Utilities (NU)
Ticker Close Market Cap P/E (ttm) F P/E 52W Range EPS (ttm) Dividend Ex-Dividend Date NU $42.18 13.10 B 16.78 15.32 37.70-45.66 2.48 1.47 September 12, 2013
Northeast Utilities operates New England’s largest utility system serving more than 3.6 million electric and natural gas customers in Connecticut, Massachusetts and New Hampshire. NU operates six subsidiaries: Connecticut Light & Power, NSTAR Electric & Gas, NU Transmission, Public Service of New Hampshire, Western Massachusetts Electric Co. and Yankee Gas Services Company. Their overall company vision can be summed up by three words: Energy, Growth, and Leadership.
Technical Analysis
NU may find its initial
support at its 200d MA of
42.50 and further support at
its 50d MA of $41.89.
Catalysts
Transmission Projects (NEEWS)
Massive Distribution Expansion
Constant Dividend Growth
Next Earnings date:
February 17, 2014
News
Northeast Utilities is up o.1% since reporting
quarterly results 3 weeks ago. Consensus
expected earnings of $0.73 on sales of $1.8
billion. The company actually reported EPS of
$0.69 on sales of $1.9 billion, missing EPS
estimates by $0.04 and beating revenue
estimates by $120.0 million.
Subsidiaries:
Connecticut Light and
Power
NSTAR Electric & Gas
Public Service of New
Hampshire
Western Massachusetts
Electric Company
Yankee Gas
Utilities Weekly Update November 22, 2013
Jenna Ecker [email protected]
Ashley Boecker [email protected]
ONEOK (OKE)
Ticker Close Market Cap P/E (ttm) F P/E 52W Range EPS (ttm) Dividend Ex-Dividend Date OKE $58.95 12.16B 43.17 29.74 39.39-59.51 1.37 1.52 October 31, 2013
Originally founded in 1906 as an intrastate natural gas pipeline business in Oklahoma, today ONEOK is one of the nation's premier energy companies involved in the natural gas and natural gas liquids businesses. Its business segments provide safe, reliable energy and services to their diverse customers. By following a strategy that blends the performance and profitability of all of the segments, ONEOK's balanced business mix enables it to deliver sustainable earnings growth for shareholders. ONEOK’s success is driven by employees who strive to better not only their company but also the communities in which they live.
Technical Analysis
Over the past week, the 200d
MA has gone up 0.5% while
the 50d MA has advanced
1.1%. It is currently 50%
above its YTD low.
Catalysts
Organic Growth Projects
Increasing demand for NGL’s
New entity ONE Gas
Next Earnings date:
February 24, 2014
News
Shares of OKE surged 2.47% on Friday and hit
a new 52 week high of $59.03. A total of 1.35
million shares were traded, which is above
the daily average volume of 1.25 million. OKE
has outperformed the S&P 500 for the past
three months.
Subsidiaries:
Oklahoma Natural Gas
Kansas Gas Service
Texas Gas Service
Utilities Weekly Update November 22, 2013
Jenna Ecker [email protected]
Ashley Boecker [email protected]
Sempra Energy (SRE)
Ticker Close Market Cap P/E (ttm) F P/E 52W Range EPS (ttm) Dividend Ex-Dividend Date SRE $89.49 21.55B 21.74 19.54 65.74-93.00 4.05 2.52 September 25, 2013
Sempra Energy SRE was founded in 1998 and is headquartered in San Diego, California. It serves one of the largest utility customer bases in the U.S., distributing natural gas and electricity to customers in Southern California. Its SoCalGas and San Diego Gas and Electric divisions distribute gas to more than 20 million customers. The firm's non-California affiliates own and operate merchant power plants, operate LNG facilities, and manage gas pipelines in the U.S. and Latin America, as well as gas and electric utilities.
Technical Analysis
SRE’s is trading 34% above its 52
week low. In the last 5 trading
sessions, the 50d MA has
climbed 0.3% while the 200d MA
has risen 0.2%.
Catalysts
Focus on renewable and alternative energy
Growth through emerging markets
Investment in Infrastructure
Next Earnings date:
February 24, 2014
News
Sempra is one of today’s biggest movers, down
1.6% to $87.92. Sempra has potential upside of
8.1% based on their current price.
SDG&E is issuing free appliance safety checks to
all their customers before winter arrives and is
highly recommending safety precautions to
customers before they dig.
Subsidiaries:
San Diego Gas & Electric
Southern California Gas
Co.
Sempra U.S. Gas &
Power
Sempra International
LNG
Utilities Weekly Update November 22, 2013
Jenna Ecker [email protected]
Ashley Boecker [email protected]
Wisconsin Energy (CNP)
Ticker Close Market Cap P/E (ttm) F P/E 52W Range EPS (ttm) Dividend Ex-Dividend Date WEC $42.20 9.44B 18.05 16.21 36.16-45.00 2.31 1.53 November 12, 2013
Wisconsin Energy Corporation, through its subsidiaries, generates and distributes electric energy, as well as distributes natural gas. The company operates in two segments, Utility Energy and NonUtility Energy. It generates electricity from coal, natural gas, wind, biomass, and hydro sources. The company provides electric utility services to customers in the mining, paper, foundry, food products, and machinery production industries, as well as to the large retail chains, municipally owned systems, rural cooperatives, and municipal joint action agencies; and gas utility services to the paper, food products, and fabricated metal products industries.
Technical Analysis
Over the last five market
days, the 200d MA has
remained constant while
the 50d MA has advanced
0.3%.
Catalysts
Stable EPS growth
Increasing dividend growth and payout
ratio
Infrastructure investment to maintain
the highest level of reliability
Renewable standards portfolio growth
Next Earnings date:
February 6, 2014
News
Today WEC crossed their pivot point
support at $41.70. Should the shares
continue to fall, the support pivots of
$41.51 and $40.99 will be of interest.
We Energies has received the 2013
Reliability One national award for superior
reliability of its electric system.
Subsidiaries:
We Energies
W.E. Power, LLC
WISPARK, LLC
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