Public Service Enterprise Group Inc

PEG: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$19.00	Xrqyv	Pdfszwdkp

PSEG's Huge Investment Plan Could Determine the Fate of Natural Gas in New Jersey

Travis Miller

Mar 2, 2023

We are reaffirming our $65 fair value estimate for Public Service Enterprise Group after the company announced it filed for regulatory approval a new three-year $2.54 billion capital investment plan for its natural gas distribution system. We are maintaining our narrow moat and stable moat trend ratings for PSEG.

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