The Maricopa County Superior Court on Sept. 3 issued a stay of the Arizona Corporation Commission's implementation of a new formula rate plan to set customer rates for the state's utilities, including Pinnacle West subsidiary Arizona Public Service.
Pinnacle West should benefit from investing in the infrastructure that will be needed to support renewable energy targets and energy demand growth in Arizona.
Utility regulators in Arizona are publicly elected, creating more regulatory uncertainty and shareholder risk than at utilities in states with appointed regulators.
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Metric
|
PNW
|
EVRG
|
POR
|
|---|---|---|---|
Price/Earnings (Normalized) | 18.13 | 19.60 | 17.02 |
Price/Book Value | 1.63 | 1.78 | 1.26 |
Price/Sales | 2.10 | 3.04 | 1.44 |
Price/Cash Flow | 6.19 | 8.28 | 4.87 |
|
Metric
|
PNW
|
EVRG
|
POR
|
|---|---|---|---|
Quick Ratio | 0.31 | 0.05 | 0.42 |
Current Ratio | 0.59 | 0.45 | 0.98 |
Interest Coverage | 2.62 | 2.48 | 2.24 |
|
Metric
|
PNW
|
EVRG
|
POR
|
|---|---|---|---|
Return on Assets (Normalized) | 2.03% | 2.78% | 1.85% |
Return on Equity (Normalized) | 8.84% | 9.29% | 6.03% |
Return on Invested Capital (Normalized) | 4.59% | 6.14% | 4.97% |
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1-Day Chart
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Name
|
Price
|
Morningstar Rating for Stocks
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Capital Allocation
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Economic Moat
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Market Cap
|
|---|---|---|---|---|---|---|
| NextEra Energy Inc
NEE
| LOCK|FJj>@Y&l | LOCK|&$$$ | $159B | |||
| Southern Co
SO
| LOCK|yK?>$g?^ | LOCK|YgwW& | $96B | |||
| Duke Energy Corp
DUK
| LOCK|$ZFPGx% | LOCK|ds!# | $89B | |||
| National Grid PLC ADR
NGG
| LOCK|<bKx&% | LOCK|&c<y | $76B | |||
| American Electric Power Co Inc
AEP
| LOCK|HgRJsQ | LOCK|S#h&y | $65B | |||
| Dominion Energy Inc
D
| LOCK|KC&zs& | LOCK|>WxG | $53B | |||
| Entergy Corp
ETR
| LOCK|s<lQVT | LOCK|!@@?t | $48B | |||
| Xcel Energy Inc
XEL
| LOCK|<%gr>d | LOCK|pCgl | $44B | |||
| Exelon Corp
EXC
| LOCK|z%T>kXB | LOCK|>J&XF | $42B | |||
| Consolidated Edison Inc
ED
| LOCK|ZwyZWb | LOCK|RN | $38B |
United States