|Last Price$22.98||Day Change (%)-1.96%|
|Open Price$23.34||Day Change ($)-0.46|
|Day Range22.96–23.43||52-Week Range18.46–24.24|
As of Fri 09/12/2014 03:24 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.
Research and Markets: Global Renewable Energy Market: 2009 - 2018
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 ...
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.
Finally, utilities with good growth and attractive yields are on sale.
Interest rate fears leave several high-quality dividend-paying utilities looking cheap.
Despite their near-term challenges, we still see upside.
Utilities show no signs of slowing down with yields that look as good as ever.