Portland General Electric Co

POR: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$17.00	Mvnmzgp	Lwldgbt

Portland General Electric Earnings: Another Jump in Growth Capital Investments

Travis Miller

Apr 28, 2023

We are reaffirming our $50 per share fair value estimate for Portland General Electric, or PGE, after the company reported earning $0.80 per share on an adjusted basis in the first quarter of 2023, mostly flat with first-quarter earnings last year. We are reaffirming our narrow moat and stable moat trend ratings.

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