Discretionary Usage & Baseline Demand, a Look Inside - Research Report on Companhia Energetica Minas Gerais, CPFL Energia S.A., FirstEnergy Corp., Duke Energy Corp and Exelon Corporation
NEW YORK, February 28, 2013 /PRNewswire/ --
Today, Investors Alliance announced new research reports highlighting Companhia Energetica Minas Gerais (NYSE:CIG), CPFL Energia S.A. (NYSE:CPL), FirstEnergy Corp. (NYSE:FE), Duke Energy Corp (NYSE:DUK) and Exelon Corporation (NYSE:EXC). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Companhia Energetica Minas Gerais Research Report
Brazilian Utility Companhia Energetica de Minas Gerais paid the first installment of extraordinary dividend on January 15 this year, totalling $604 million or 71 cents per share. A Motley Fool analyst says shares slightly fell a few months ago when the Brazilian government announced plans to cut electricity rates to reduce customers' costs and make companies more competitive. The analyst is unsure of the impact on profitability and if policies can achieve the same goals by reducing taxes instead, in addition to the uncertainty generated by the continuation its dividend yield of more than 17%. The Full Research Report on Companhia Energetica Minas Gerais - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/19a2_CIG]
CPFL Energia S.A. Research Report
CPFL Energia is one of Brazil's utilities hurt by the threat of electric power rationing, due to lackluster rainfall and low rivers which would be a major problem for the country's hydroelectric dams, which power 85 percent of Brazil. In fact, the stock did push the Utilities sector lower this month, only to bounce back up 1.13 percent to $11.61 per share today. However, The Street cites strengths in revenue, net income and return on equity, countering the relatively poor debt management, poor profit margins and weak operating cash flow. The Full Research Report on CPFL Energia S.A. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/4087_CPL]
FirstEnergy Corp. Research Report
FirstEnergy reported lower numbers in fiscal year 2012 at earnings of $3.34 per share compared to $3.64 per share the previous year. Net income was $771 million and revenue came in at $15.3 billion, compared to $869 million and $16.1 billion, respectively. The company incurred a host of expenses last year including its decision to close old power plants, new regulatory and tax charges, and placing a more conservative accounting system for pension expenses. Declining industrial demand due to a sluggish regional economy also affected the numbers, though management is optimistic with shale gas development in Ohio and Pennsylvania. FirstEnergy expects demand for power to increase by less than 1 percent this year, but could grow faster in the near future if shale gas development pushes forward. The Full Research Report on FirstEnergy Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/1560_FE]
Duke Energy Corp Research Report
Duke Energy announced it will begin inspections of piers and structures located along the western shoreline of Lake Norman in Lincoln and Catawba counties in early March, as part of its Structure Renovation/Removal Program. Findings showed that about five percent of the piers on Duke Energy's lakes are in need of major repair, according to the press release. In other news, Duke saw its Q4 2012 earnings top Wall Street expectations after rising electric rates and increased demand for power due to more extreme weather. However, results were reduced by costs incurred by acquiring Progress Energy in June to become the US's largest utility, and cost overruns at an Indiana power plant. Duke reported net income of $435 million or 62 cents per share. With the effect of the merger costs and other one-time charges removed, the company earned 70 cents per share. Analysts had expected the company to earn 65 cents per share on an adjusted basis. In comparison, Duke posted net income of $288 million last year, or 65 cents per share as a standalone company. The Full Research Duke Energy Corp - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/7bfd_DUK]
Exelon Corporation Research Report
Exelon reported revenue of $6.44 billion, compared to the expected revenue of $8.26 billion, while GAAP reported sales were 57% higher than the prior-year quarter's $3.99 billion. Meanwhile earnings per share came in at 64 cents, meeting expectations. However GAAP EPS of 44 cents for Q4 was 52% lower than the prior-year quarter's 91 cents per share. The dividend meanwhile was announced at 53 cents per share, payable on March 8. For this year, Exelon expects adjusted (non-GAAP) operating earnings of $2.35 to $2.65 per share, citing mark-to-market adjustments from economic hedging activities, financial impacts associated with the planned retirement of fossil generating units and the sale in the fourth quarter of 2012 of three generating stations as required by the merger, among others. The Full Research Report on Exelon Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/3f3b_EXC]
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SOURCE Investors-Alliance
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