Equity valuations remain rich but still offer opportunities for income.
Our fair value estimate and narrow economic moat rating remain intact.
The market underestimates this utility's ability to increase long-term earnings and the dividend.
Utilities sell-off presents opportunities for long-term investors.
We see some attractive entry points for long-term investors.
We don't expect this move to have any impact on the sector and are maintaining our fair value and moat ratings for all utilities we cover.
Current spreads suggest utilities could still produce attractive returns even if the Fed continues to raise rates.
Despite the withdrawal, we continue to forecast U.S. renewable energy capacity doubling during the next eight years.
The company's focus on deleveraging should ease investor concerns.
Duke is divesting its noncore international portfolio and transitioning to a fully regulated utility.
The acquisition of Noble Americas Energy Solutions provides a natural hedge to the independent power producer's fleet in an environment of depressed power prices.
The planned sale of four merchant coal and gas power plants will allow this narrow-moat utility to pay down debt and fund its pipeline of infrastructure investments.
We don't think the market appreciates the steady cash generation and attractive yield.
We think the market has overreacted, providing a buying opportunity.
We see strong strategic rationale in the Duke/Piedmont tie up but the benefits are coming at a steep cost, writes Morningstar’s Andy Bischof.
Utilities' sharp drop since January has created buying opportunities among some quality names with long dividend-growth histories, strong balance sheets, and attractive growth prospects.
Valuations are rich, but sector finances and growth are super strong.
We believe PPL is a good candidate at the right price for a core holding in an income portfolio.
Its discount to peers neglects its steady cash flows and option value.
Growing electricity demand in Texas, environmental legislation in California, federal emissions regulations, and increasing market uncertainty may help Calpine establish a moat.
We think Latin America holds better investment opportunities than its northern neighbor.