Powering Ahead - Research Report on American Electric Power Company, Inc., The Southern Company, CenterPoint Energy, Inc., Ameren Corp and Dominion Resources, Inc.
NEW YORK, February 26, 2013 /PRNewswire/ --
Today, Investors-Alliance announced new research reports highlighting American Electric Power Company, Inc. (NYSE:AEP), The Southern Company (NYSE:SO), CenterPoint Energy, Inc. (NYSE:CNP), Ameren Corp (NYSE:AEE) and Dominion Resources, Inc. (NYSE:D). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
American Electric Power Company, Inc. Research Report
American Electric Power, one of the largest generators of electricity in the US, saw its shares leap to its new 52-week high of $45.68 from its most recent low of $40.96 in mid-November following the rally that came after releasing its Q4 and full year earnings for 2012. The company posted earnings of 50 cents per share, beating the expected 45 cents, above the year-ago quarterly earnings of 40 cents. Revenue was at $3.6 billion for the quarter, beating analyst expectations of $3.5 billion as well as the $3.4 billion posted the same time last year. According to Motley Fool, the largest coal-fired power generator in the US is performing well due to its coal-to-gas switching efforts. The utility still relies on coal for 65 percent of its electricity, but management hopes to cut it to just 50 percent by 2020 due to concerns that the much-maligned fossil fuel might lead to higher costs long-term. The Full Research Report on American Electric Power Company, Inc. - 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/a59e_AEP]
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The Southern Company Research Report
Southern, the fourth largest US electric utility, is slowly gaining interest from its progressive stance with its efforts in carbon capture technology. The company manages and operates the U.S. Department of Energy's National Carbon Capture Center, which is testing a technology which would capture carbon dioxide in flue gas and then deposit it underground, making it possible for sequestration. While it doesn't have any impact at all to Southern's near-term financial results, it could shield itself from emission fines with its portfolio of 34 emission-belching fossil fuel plants. The company became the first business in the country fined by the EPA for violations of the Greenhouse gas emissions Tailoring Rule last month for $34,000, making it clear the agency is looking to pursue fines. Nevertheless, Southern is still proving to be profitable with significant growth in earnings per share, net income, and revenue, with The Street reiterating its "buy" rating. The Full Research Report on The Southern Company - 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/d00b_SO]
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CenterPoint Energy, Inc. Research Report
CenterPoint Energy recently surfaced as one of the potential buyers of fellow utility Energy Future's transmission and distribution unit, Oncor Electric Delivery Co., along with FPL Group and Pepco Holdings. The unit, 20 percent of which already owned by Canadian and Singapore government agencies, would fetch $6.5 billion to $7 billion net of debt. Oncor is one of many troubled utilities due to fluctuating prices of resources as well as poor debt management, but it has robust upstream dividends and tax payments over the next few years, which will support the parent company's debt obligations - ideal for a takeover plan. In other news, CenterPoint announced a dividend increase of 2.5 percent to 83 cents per share in its yearly dividend, up from the previous 81 cents. The Full Research Report on CenterPoint Energy, Inc. - 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/da6c_CNP]
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Ameren Corp Research Report
St. Louis, Missouri-based Ameren went up 58 cents or 1.7 percent to $33.82 despite posting underwhelming financial results brought on to by impairment charges, contributing to losses amounting to $1.16 billion, or $4.76 per share for the final three months of 2012. In addition, declines in Ameren Illinois and a drop in earnings of its merchant generation unit also put significant weight on Q4 numbers. Analysts believe the utility will bounce back come winter time, and would likely beat earnings expectations this quarter, with projected earnings of $2.11 per share. The utility also announced plans to invest in electric transmission projects, as well as an increase in Missouri's electric rate effective this year. The Full Research Ameren 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/df1c_AEE]
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Dominion Resources, Inc. Research Report
Richmond, Virginia-based Dominion Resources announced it will proceed with its plans to close and decommission its 556-megawatt Kewaunee Power Station in northeastern Wisconsin after failing to find a buyer for it. Management says the shutdown won't affect the regional electrical grid. Meanwhile, the utility reached its new 52-week high at $55.65 the same day as the announcement. Dominion is also one of the many utilities transitioning to cleaner electricity generation from coal in the wake of stricter emissions regulations, headlined by its opening of a $1.8 billion "clean coal" facility on a 1,329-megawatt combined cycle plant. It also started converting three power stations from coal to biomass in the last year, which should be operational by the end of 2013. The Full Research Report on Dominion Resources, Inc. - 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/235a_D]
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