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.
FP&L operates in one of the most constructive regulatory environments with numerous capital investment opportunities.
The company's campaign finance practices have come under scrutiny, potentially threatening its constructive regulatory environment in Florida.
|
Metric
|
NEE
|
AGR
|
SO
|
|---|---|---|---|
Price/Earnings (Normalized) | 18.51 | 21.10 | 21.85 |
Price/Book Value | 2.56 | 0.63 | 2.48 |
Price/Sales | 4.32 | 1.51 | 2.98 |
Price/Cash Flow | 10.88 | 8.09 | 11.64 |
|
Metric
|
NEE
|
AGR
|
SO
|
|---|---|---|---|
Quick Ratio | 0.23 | 0.38 | 0.43 |
Current Ratio | 0.50 | 0.78 | 0.84 |
Interest Coverage | 4.84 | 2.09 | 2.40 |
|
Metric
|
NEE
|
AGR
|
SO
|
|---|---|---|---|
Return on Assets (Normalized) | 3.89% | 1.42% | 2.19% |
Return on Equity (Normalized) | 15.01% | 3.02% | 9.63% |
Return on Invested Capital (Normalized) | 6.70% | 2.91% | 5.32% |
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|
SO
| Southern Co | Snfptfb | $77.7 Bil | |
DUK
| Duke Energy Corp | Mwzltb | $71.5 Bil | |
NGG
| National Grid PLC ADR | Srnt | $48.5 Bil | |
PCG
| PG&E Corp | Rmss | $43.9 Bil | |
AEP
| American Electric Power Co Inc | Mbckbdg | $42.1 Bil | |
D
| Dominion Energy Inc | Nwszwp | $38.6 Bil | |
EXC
| Exelon Corp | Prcdcg | $38.6 Bil | |
XEL
| Xcel Energy Inc | Rkggrcc | $33.9 Bil | |
ED
| Consolidated Edison Inc | Tfb | $31.8 Bil |
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