Research Reports Coverage on Electric Utilities Stocks -- SCANA, Pinnacle West Capital, NRG Yield, and Korea Electric Power
NEW YORK, December 5, 2016 /PRNewswire/ --
Stock-Callers.com presents four Electric Utilities equities ahead of today's trading session: SCANA Corp. (NYSE: SCG), Pinnacle West Capital Corp. (NYSE: PNW), NRG Yield Inc. (NYSE: NYLD), and Korea Electric Power Corp. (NYSE: KEP). These companies belong to the Utilities sector which has received an "Under Perform" rating from Charles Schwab on November 10, 2016 due to an improved U.S. economic data, rising inflation, and increased environmental regulations. These stocks research reports can be downloaded now by simply registering for free at:
http://stock-callers.com/registration
SCANA
Cayce, South Carolina-based SCANA Corp.'s shares rose 1.17%, finishing last Friday's session at $70.92. A total volume of 521,246 shares was traded. Since the start of this year, the stock has advanced 20.20%. The Company's shares are trading above their 200-day moving average by 1.26%. Additionally, shares of SCANA, which through its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity to retail and wholesale customers in South Carolina, have a Relative Strength Index (RSI) of 51.71.
On November 09th, 2016, The Public Service Commission of South Carolina (SCPSC) voted to approve a settlement agreement entered into by South Carolina Electric & Gas Company (SCE&G), principal subsidiary of SCANA, the South Carolina Office of Regulatory Staff, the Electric Cooperatives of South Carolina, Central Electric Cooperative, Inc., the South Carolina Energy Users Committee, and Frank Knapp, Jr. concerning SCE&G's petition to update the construction and capital cost schedules for the two new nuclear units being constructed in Jenkinsville, South Carolina. The SCPSC also approved SCE&G's election of the Fixed Price Option provided for in the October 2015 Amendment to SCE&G's Engineering, Procurement, and Construction Agreement with Westinghouse Electric Company. Your complete research report on SCG can be retrieved for free at:
http://stock-callers.com/registration/?symbol=SCG
Pinnacle West Capital
On Friday, shares in Phoenix, Arizona headquartered Pinnacle West Capital Corp. ended the session 0.56% higher at $73.54. The stock recorded a trading volume of 625,596 shares. The Company's shares have gained 18.15% on an YTD basis. The stock is trading below its 200-day moving average by 0.64%. Moreover, shares of Pinnacle West Capital, which through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the State of Arizona, have an RSI of 47.40.
On November 03rd, 2016, Pinnacle West Capital reported consolidated net income attributable to common shareholders for Q3 2016 of $263.0 million, or $2.35 per diluted share, compared with net income of $257.1 million, or $2.30 per share, for Q3 2015. The company generated revenue of $1.17 billion for Q3 2016 compared to revenue of $1.20 billion for Q3 2015.
On November 22nd, 2016, research firm Bank of America/ Merrill upgraded the Company's stock rating from 'Underperform' to 'Neutral'. PNW free report is just a click away at:
http://stock-callers.com/registration/?symbol=PNW
NRG Yield
Princeton, New Jersey headquartered NRG Yield Inc.'s stock declined 1.00%, to close the day at $14.90 with a total trading volume of 529,933 shares. The Company's shares have advanced 2.59% in the last one month and 7.36% on an YTD basis. The stock is trading 2.28% below its 200-day moving average. Additionally, shares of NRG Yield, which through its subsidiaries, acquires, owns, and operates contracted renewable and conventional generation, and thermal infrastructure assets in the US, have an RSI of 42.80.
On November 04th, 2016, NRG Yield announced the appointment of Chad Plotkin as Senior Vice President and Chief Financial Officer. With over nineteen years of experience, Plotkin will oversee the company's financial operations and will play a key role in the development and implementation of NRG Yield's corporate and financial strategies. His appointment as Chief Financial Officer became effective on November 07th, 2016, and he will report to Christopher Sotos, NRG Yield's President and CEO. Sign up for your complimentary research report on NYLD at:
http://stock-callers.com/registration/?symbol=NYLD
Korea Electric Power
Shares in Naju, South Korea headquartered Korea Electric Power Corp. recorded a trading volume of 756,550 shares, which was above their three months average volume of 566,610 shares. The stock ended at $18.62, down 1.53% from the last trading session. The Company's shares are trading below their 50-day moving average by 16.25%. Furthermore, shares of Korea Electric Power, which generates, transmits, and distributes electricity in Korea and internationally, have an RSI of 24.01.
As per form 6-k filed on November 30th, 2016, with the SEC, Korea Electric Power sold a 1.5% equity interest in, or 664,000 common shares of, KEPCO Plant Service & Engineering Co, Ltd at a price of Won 57,300 per share through a block sale to third party investors on November 23rd, 2016. This sale was made pursuant to the Korean government's plans to reduce debt levels and improve management efficiency of public enterprises. Register for free on Stock-Callers.com and download the latest research report on KEP at:
http://stock-callers.com/registration/?symbol=KEP
Stock Callers:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
http://stock-callers.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA
Share this article