Financial Results, Scheduled Conferences and Energy Efficiency Programmes - Research Report on Vectren, Atmos Energy, National Grid, TransCanada, and AQUA
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NEW YORK, November 18, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Vectren Corporation (NYSE: VVC), Atmos Energy Corporation (NYSE: ATO), National Grid plc (NYSE: NGG), TransCanada Corp. (NYSE: TRP) and Aqua America Inc. (NYSE: WTR). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Vectren Corporation Research Report
On November 7, 2013, Vectren Corporation (Vectren) reported its Q3 2013 and 9M 2013 financial results. Net income (excluding results of ProLiance Holdings, LLC) for the quarter arrived at $42.8 million or $0.52 per share, versus $41.7 million or $0.50 per share, during Q3 2012. For Q3 2013 and 9M 2013, consolidated net income totaled $42.8 million or $0.52 per share, and $86.8 million or $1.05 per share, respectively, compared with $39.3 million or $0.48 per share, and $116.2 million or $1.42 per share for Q3 2012 and 9M 2012, respectively. Carl L. Chapman, Vectren's Chairman, President and CEO, commented, "I am pleased to report that Vectren's results remain on plan for the year. Both our Utility Group and our Nonutility Group continue to perform in line with expectations. Our Infrastructure Services business continues to exceed our expectations year to date, which helps offset lower results from our Coal Mining business." For full-year 2013, the Company anticipates consolidated earnings excluding results from ProLiance Holdings, LLC to be in the range of $1.90 to $2.10 per share. The Full Research Report on Vectren Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.AnalystsCorner.com/r/full_research_report/682e_VVC
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Atmos Energy Corporation Research Report
On November 12, 2013, Atmos Energy Corporation (Atmos Energy) reported that Kim Cocklin, President and CEO of Atmos Energy, will speak at the Barclays Select Growth Conference on Tuesday, November 19, 2013, at 11:30 a.m. ET. The Company informed that the live webcast of the presentation will be available on Atmos Energy's website and a replay of the same will also be available through December 19, 2013. The Full Research Report on Atmos Energy Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.AnalystsCorner.com/r/full_research_report/c974_ATO
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National Grid plc Research Report
On November 13, 2013, National Grid plc (National Grid) reported that according to a study commissioned by the Company and conducted by the New England Energy Council, National Grid's Rhode Island energy efficiency programs have helped to create 528 full time jobs with an annual economic impact of $27 million in Rhode Island. The Company informed that National Grid programs will also contribute to helping Rhode Island electricity customers save $86 million and natural gas customers $28.2 in energy costs over the 10 to 14 lifetime years of the various projects and programs. Timothy F. Horan, President of National Grid in Rhode Island, commented, "For more than twenty-five years Rhode Island has led the way in creating innovative energy efficiency programs that have cut our customers' energy costs and benefited our environment. Now we have data to prove energy efficiency is helping to drive the state's economy." The Full Research Report on National Grid plc - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.AnalystsCorner.com/r/full_research_report/0d55_NGG
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TransCanada Corp. Research Report
On November 12, 2013, TransCanada Corp. (TransCanada) reported that it will hold its annual Investor Day on Tuesday, November 19, 2013 in Toronto, Canada. The Company informed that Members of TransCanada's Senior Executive team will provide an update regarding TransCanada's operations, recent developments and strategic outlook. According to TransCanada, following senior executives will speak at the event: Russ Girling, President and CEO; Alex Pourbaix, President, Energy and Oil Pipelines; Karl Johannson, Executive Vice-President & President, Natural Gas Pipelines; and Don Marchand, Executive Vice-President and CFO. The Company stated that the event will be webcast at 8:00 a.m. EST (6:00 a.m. MST) via TransCanada's Investor Centre at the Company website, where a copy of the presentation and webcast will be available for replay. The Full Research Report on TransCanada Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.AnalystsCorner.com/r/full_research_report/4acc_TRP
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Aqua America Inc. Research Report
On November 7, 2013, Aqua America Inc. (AQUA) reported its Q3 2013 and 9M 2013 financial results. AQUA's net income for the quarter stood at $63.6 million or $0.36 per diluted share compared with $50.7 million or $0.29 per diluted share in Q3 2012. For 9M 2013, net income went up to $163.8 million from $130.0 million in Q3 2012, and diluted EPS stood at $0.93 versus $0.74 in Q3 2012. Chairman and CEO Nicholas DeBenedictis commented, "In the third quarter, Aqua America grew net income 26 percent, while continuing to invest in infrastructure at near record levels. This was possible due to management's continued diligence in controlling expenses, rate awards in several jurisdictions, and the company's ongoing implementation of the repair tax benefit in its Pennsylvania subsidiary. The 2012 Pennsylvania rate order provided a 'flow-through' of tax savings in lieu of raising revenues through rate increases to our customers while enabling the company to continue investing in needed infrastructure improvements." The Full Research Report on Aqua America Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.AnalystsCorner.com/r/full_research_report/3761_WTR
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