With the U.N. Climate Change Conference, otherwise known as COP28, starting this week, we are reasserting our view that the market underappreciates utilities' critical role in limiting global warming.
Dominion Energy operates in high-growth Virginia, which should provide investment opportunities.
Political and regulatory pressure has increased in Virginia, Dominion's most important service territory.
|
Metric
|
D
|
DTE
|
NEE
|
|---|---|---|---|
Price/Earnings (Normalized) | 14.14 | 21.42 | 18.83 |
Price/Book Value | 1.51 | 2.06 | 2.60 |
Price/Sales | 2.52 | 1.61 | 4.39 |
Price/Cash Flow | 5.91 | 7.23 | 11.07 |
|
Metric
|
D
|
DTE
|
NEE
|
|---|---|---|---|
Quick Ratio | 0.12 | 0.40 | 0.23 |
Current Ratio | 1.14 | 0.85 | 0.50 |
Interest Coverage | 3.23 | 2.70 | 4.84 |
|
Metric
|
D
|
DTE
|
NEE
|
|---|---|---|---|
Return on Assets (Normalized) | 2.31% | 2.83% | 3.89% |
Return on Equity (Normalized) | 9.18% | 11.77% | 15.01% |
Return on Invested Capital (Normalized) | 4.86% | 6.13% | 6.70% |
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|
NEE
| NextEra Energy Inc | Xqqfmz | $122.5 Bil | |
SO
| Southern Co | Lvrwz | $78.0 Bil | |
DUK
| Duke Energy Corp | Xjphm | $72.7 Bil | |
NGG
| National Grid PLC ADR | Pqh | $49.2 Bil | |
PCG
| PG&E Corp | Ljzy | $44.8 Bil | |
AEP
| American Electric Power Co Inc | Ldcstr | $41.9 Bil | |
EXC
| Exelon Corp | Mmlttj | $39.0 Bil | |
XEL
| Xcel Energy Inc | Dkylsg | $33.6 Bil | |
ED
| Consolidated Edison Inc | Tmdfg | $31.6 Bil |
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