Pinnacle West Capital Corp

PNW: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$45.00	Bnvzyw	Rjkgwrwfh

Pinnacle West Hopes To Reverse Its Regulatory Setbacks in Arizona

Travis Miller

May 11, 2023

Business Strategy and Outlook

Pinnacle West had been earning solid returns and rewarding shareholders with dividend increases for several years because of fast-growing customer and energy usage in Arizona. But regulatory setbacks have made it difficult for Pinnacle West to turn those favorable fundamentals into earnings and dividend growth.

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