|Last Price$22.18||Day Change (%)2.50%|
|Open Price$21.67||Day Change ($)0.54|
|Day Range21.47–22.20||52-Week Range18.46–24.37|
As of Mon 01/26/2015 04:28 PM EST | USD
Growing electricity demand in Texas, environmental legislation in California, federal emissions regulations, and increasing market uncertainty may help Calpine establish a moat.
We still think that the ultimate outcome of Calpine's CPNLQ bankruptcy will be the current equityholders getting wiped out, so we reiterate our fair value estimate of zero. It's not that we think that Calpine's plants are worthless. In fact, Calpine's geothermal plants in California are very ...
Utilities' 23% total return through mid-December topped all sectors except for M&A-fueled health care.
Top managers continue to focus on higher-quality dividend-paying stocks in a fully valued market.
Its discount to peers neglects its steady cash flows and option value.
Interest rate fears have weighed on the sector's absolute performance, but utilities' fundamentals remain strong for the most part.
We believe PPL is a good candidate at the right price for a core holding in an income portfolio.
Despite their near-term challenges, we still see upside.
Utilities show no signs of slowing down with yields that look as good as ever.
With interest rates rising, will dividend yields keep utilities afloat?