New Rates Fuel Financial Results - Research Report on Dynegy, CMS Energy, Great Plains Energy, Calpine and Brookfield Infrastructure Partners
NEW YORK, March 18, 2013 /PRNewswire/ --
Today, Wall Street Source announced new research reports highlighting Dynegy Inc. (NYSE:DYN), CMS Energy Corporation (NYSE:CMS), Great Plains Energy Incorporated (NYSE:GXP), Calpine Corporation (NYSE:CPN) and Brookfield Infrastructure Partners L.P. (NYSE:BIP). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Dynegy Inc. Research Report
Dynegy announced its acquisition of five coal-fired power plants from Ameren, which will double its generation capacity in the state of Illinois, for zero cash this week. The unit will come with $825 million of non-recourse debt and includes Ameren's retail and marketing assets in the state. Meanwhile, Ameren will spend at least $133 million to buy back three natural gas-fueled plants from the subsidiary it's selling. Ameren's management says the deal will reduce its business risk and improve the predictability of its future earnings and cash flows. Meanwhile, Dynegy released its Q4 and full year 2012 results the same day of the announcement, posting a net loss from continuing operations of $1.13 per share and revenue of $312 million for the quarter. The Full Research Report on Dynegy Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WallStSource.com/r/full_research_report/f48f_DYN]
--
CMS Energy Corporation Research Report
CMS Energy subsidiary Consumers Energy awarded $7.3 million in incentives in the fourth quarter of 2012 through its Business Solutions program to assist in Michigan's energy efficiency efforts for commercial and industrial customers. The projects help 1,695 participating customers save close to $9.5 million in energy costs each year, or 71.7 million kilowatt-hours of electricity and more than 236,500 thousand cubic feet of natural gas. Last year, Consumers Energy awarded $17.4 million in incentives for energy efficiency measures, saving the participating customers about $20.8 million in energy costs each year. Meanwhile, CMS Energy was given a "buy" rating by The Street, citing strengths in net income, cash flow, and revenue. The Full Research Report on CMS Energy Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WallStSource.com/r/full_research_report/f1a7_CMS]
--
Great Plains Energy Incorporated Research Report
Great Plains Energy recently posted its Q4 2012 results, where its revenue and earnings per share both beat analyst expectations driven by a 5-cent decrease in interest expense from recently matured senior notes and lower interest rates on the refinanced debt underlying the Equity Units. Revenue came in at $480.4 million, down from $486.3 million from the same quarter in 2011, while earnings came in at 3 cents per share, up from 1 cent per share year over year. In comparison, analysts polled by S&P Capital IQ expected revenue of $477 million and earnings per share of 2 cents. For the full year 2012, earnings came in at $198.3 million or $1.35 per share, up from $172.8 million or $1.25 per share posted in 2011, attributed to new retail rates that became effective in 2011 and favorable weather. The Full Research Report on Great Plains Energy Incorporated - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WallStSource.com/r/full_research_report/cd0f_GXP]
--
Calpine Corporation Research Report
Calpine released its Q4 and full year 2012 financial results turning a profit despite posting lower-than-expected revenue as it capitalized on the industry-wide shift toward greater utilization of combined-cycle gas turbines. The company posted operating earnings of 22 cents per share for the quarter, up from a loss of 3 cents per share posted in Q4 2011. Revenue came in at $1.37 billion, down from the $1.46 billion year over year. In comparison, analysts wanted to see a loss of 3 cents per share and $2.37 billion in revenue. For the full year 2013, the company expects adjusted EBITDA in the range of $1,760 million to $1,960 million. It expects growth capital expenditures to be $250 million. The Full Research Great Plains Energy Incorporated - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WallStSource.com/r/full_research_report/73b2_CPN]
--
Brookfield Infrastructure Partners L.P. Research Report
Brookfield Infrastructure Partners released its Q4 2012 results, with operating earnings of 25 cents per unit, down from 30 cents per share the previous year, and revenue of $578 million, up 43 percent year over year. In comparison, analysts wanted to see earnings per share of 58 cents. Also during the quarter, Brookfield completed four previously announced acquisitions and sold assets not part of its long-term plans, which included an agreement to acquire an additional 10 percent interest in its Chilean transmission system from Brookfield Asset Management for $235 million. Meanwhile, the company's board of directors approved to increase the quarterly cash distribution rate to 43 cents per unit, a 15 percent increase from 37.5 cents distributed in the previous quarter. The Full Research Report on Brookfield Infrastructure Partners L.P. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WallStSource.com/r/full_research_report/43f7_BIP]
--
Consider Wall Street Source
Tired of hearing about the latest, greatest trade opportunity... only to realize that the ship has long sailed? You need a strong, informative community in your arsenal. Join the group that has been consistently identifying momentous situations as they develop - long before they become the next top news on major financial networks.
Contact: Joe Thomas
Email: [email protected]
Main: +1-310-496-8071 (North America)
SOURCE Wall Street Source
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article