Entergy Corp

ETR: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$364.00	Bqzyczh	Nnltfskbt

Entergy: Green Hydrogen Emerging as a Growth Driver; Remains a Top Utilities Pick

Travis Miller

Sep 11, 2023

We are reaffirming our $120 fair value estimate for Entergy after the company announced a memorandum of understanding with Monarch Energy to support Monarch's planned 300 megawatt green hydrogen electrolyzer in South Louisiana. We are reaffirming our narrow moat rating.

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