Constellation Energy Partners: Delaware Court Issues Order for Preliminary Injunction; Enjoins Annual Meeting Scheduled for December 5, 2013
Constellation Energy Partners Borrowing Base Set at $55 Million
Fast-approaching environmental regulation could reshape the utilities sector.
Week ending June 8: Rising bond yields cause big drop by stocks.
Rising interest rates have taken their toll, but as the Fed delays dialing back on stimulus, investors are poised to recapture some of their losses.
Final environmental regulations give utilities near-term certainty but no comfort.
Despite their near-term challenges, we still see upside.
Widening investment-grade credit spreads and rising interest rates lead to losses.
Regulated utilities could be hit hard by inflation, while diversified firms have long-term value that the market refuses to recognize.