Latest news with #Utilities
Globe and Mail
4 days ago
- Business
- Globe and Mail
NiSource Appoints Durgesh Chopra Vice President of Investor Relations
NiSource Inc. (NYSE: NI) today announced the appointment of Durgesh Chopra as Vice President of Investor Relations, effective July 7. In this role, Durgesh will strengthen NiSource's relationships with the investment community and effectively communicate the company's financial performance and strategic direction. Durgesh has over 15 years of experience in the utilities, infrastructure and renewables sectors. Most recently, Durgesh served as Managing Director at Evercore, where he led equity research coverage of the Power & Utilities sector. Prior to that, he was Director of Investor Relations at American Water, where he played a key role in shaping the company's investor messaging and outreach. 'Durgesh combines deep investment community insight with hands-on experience in regulated utilities. His ability to communicate complex financial strategies and his dedication to serving communities align perfectly with NiSource's mission to deliver safe, reliable energy to our customers,' said Shawn Anderson, Chief Financial Officer. NiSource looks forward to Durgesh's leadership in advancing its investor relations efforts and continuing to build strong relationships with the investment community. About NiSource NiSource Inc. (NYSE: NI) is one of the largest fully-regulated utility companies in the United States, serving approximately 3.3 million natural gas customers and 500,000 electric customers across six states through its local Columbia Gas and NIPSCO brands. The mission of our approximately 7,700 employees is to deliver safe, reliable energy that drives value to our customers. NiSource is a member of the Dow Jones Sustainability - North America Index and is on Forbes lists of America's Best Employers for Women and Diversity. Learn more about NiSource's record of leadership in sustainability, investments in the communities it serves and how we live our vision to be an innovative and trusted energy partner at The content of our website is not incorporated by reference into this document or any other report or document NiSource files with the Securities and Exchange Commission ('SEC').
Globe and Mail
5 days ago
- Business
- Globe and Mail
Analysts Offer Insights on Utilities Companies: Duke Energy (DUK) and Aris Water Solutions (ARIS)
There's a lot to be optimistic about in the Utilities sector as 2 analysts just weighed in on Duke Energy (DUK – Research Report) and Aris Water Solutions (ARIS – Research Report) with bullish sentiments. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Duke Energy (DUK) In a report released today, Nicholas Campanella from Barclays maintained a Buy rating on Duke Energy, with a price target of $122.00. The company's shares closed last Monday at $118.00, close to its 52-week high of $121.47. According to Campanella is a 5-star analyst with an average return of 9.4% and a 62.9% success rate. Campanella covers the Utilities sector, focusing on stocks such as Public Service Enterprise, American Electric Power, and Pinnacle West Capital. ;'> The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Duke Energy with a $131.38 average price target, implying a 12.7% upside from current levels. In a report issued on June 25, Goldman Sachs also upgraded the stock to Buy with a $132.00 price target. Aris Water Solutions (ARIS) In a report released yesterday, Spiro M. Dounis from Citi upgraded Aris Water Solutions to Buy. The company's shares closed last Monday at $23.65. According to Dounis is a 4-star analyst with an average return of 8.0% and a 63.2% success rate. Dounis covers the NA sector, focusing on stocks such as Venture Global, Inc. Class A, Enterprise Products Partners, and Cheniere Energy Partners. ;'> Currently, the analyst consensus on Aris Water Solutions is a Strong Buy with an average price target of $28.60.
Yahoo
26-06-2025
- Business
- Yahoo
Zacks Earnings Trends Highlights: JPMorgan, Bank of America and Wells Fargo
Chicago, IL – June 26, 2025 – Zacks Director of Research Sheraz Mian says, "While negative revisions to Q2 estimates have stabilized in recent weeks, estimates for the period have been under significant pressure relative to other recent periods since the June-quarter got underway." Note: The following is an excerpt from this week's Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>> Here are the key points: Total S&P 500 earnings for the June quarter are expected to be up +4.9% from the same period last year on +3.9% higher revenues. While negative revisions to Q2 estimates have stabilized in recent weeks, estimates for the period have been under significant pressure relative to other recent periods since the June-quarter got underway. Q2 earnings estimates for 13 of the 16 Zacks sectors have come down since the quarter got underway, with Aerospace, Utilities, and Consumer Discretionary as the only sectors whose estimates have modestly moved higher since the start of April. Q2 earnings estimates for the Tech and Finance sectors, the two largest contributors to aggregate S&P 500 earnings, accounting for 51% of all index earnings, have also been cut since the quarter got underway. The quarter started with significant pressure on Tech sector estimates, but the negative revisions trend notably stabilized in the subsequent weeks. In terms of year-over-year growth, three sectors are expected to enjoy double-digit earnings growth in Q2: Aerospace (+15.1%), Tech (+11.8%), and Consumer Discretionary (+105.6%). On the negative side, seven sectors are expected to earn less in Q2 relative to the year-earlier period, with double-digit declines at the Energy (-24.9%), Construction (-14.4%), and Autos (-30.2%) sectors. The Q2 earnings season will really get going once JPMorgan JPM, Bank of America BAC and Wells Fargo WFC kick-off the June-quarter reporting cycle for the Finance sector. The start of Q2 coincided with heightened tariff uncertainty following the punitive April 2nd tariff announcements. While the onset of the announced levies was eventually delayed by three months, the issue has understandably weighed heavily on estimates for the current and upcoming quarters, particularly in the first few weeks following the April 2nd announcement. The expectation at present is for Q2 earnings for the S&P 500 index to increase by +4.9% from the same period last year on +3.9% higher revenues. While it is not unusual for estimates to be adjusted lower, the magnitude and breadth of Q2 estimate cuts are greater than we have seen in the comparable periods of other recent quarters. Since the start of the quarter, estimates have come down for 13 of the 16 Zacks sectors, with the biggest declines for the Transportation, Autos, Energy, Construction, and Basic Materials sectors. The only sectors experiencing favorable revisions in this period are Aerospace, Utilities, and Consumer Discretionary. Estimates for the two largest earnings contributors to the index – Tech & Finance – have also declined since the quarter began. Tech sector earnings are expected to be up +11.8% in Q2 on +10.8% higher revenues. While these earnings growth expectations are materially below where they stood at the start of April, the revisions trend appears to have notably stabilized lately, as we have been flagging in recent weeks. This stabilizing turn in the Tech sector's revisions trend can be seen in expectations for full-year 2025 as well. The two charts above show that estimates for the Tech sector have stabilized and are no longer under the type of downward pressure experienced earlier in the quarter. The Tech sector is much more than just any other sector, as it alone accounts for almost a third of all S&P 500 earnings. While estimates for this year have been under pressure lately, there haven't been a lot of changes to estimates for the next two years at this stage. Stocks have recouped their tariff-centric losses, although the issue has only been deferred for now. While some of the more dire economic projections have eased lately, there is still plenty of macro uncertainty that will likely continue to weigh on earnings estimates in the days ahead, particularly as we gain visibility on the tariffs question. Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@ provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. Past performance is no guarantee of future results. Inherent in any investment is the potential for material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Bank of America Corporation (BAC) : Free Stock Analysis Report Wells Fargo & Company (WFC) : Free Stock Analysis Report JPMorgan Chase & Co. (JPM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
United News of India
23-06-2025
- Business
- United News of India
Sensex tanks by 601.03 points
Mumbai, June 23 (UNI) The BSE Sensex on Monday tanked by 601.04 points to 81,807.13 in early trade, influenced by Asian market trends as investors closely monitor potential retaliatory actions by Iran following a US attack on its nuclear site, traders said. The Nifty too declined by 178.90 pts to 24,933.50. Sensex registered intra-day highs and lows at 81,984.44 and 81,702.52, respectively. The Nifty registered a day's high at 24,988.10 and a low at 24,929.55 pts. Midcap fell by 285.36 points, and small cap declined by 274.27 pts. All sectoral indices were trading in red, with IT being the top loser, down by 1.23 pc. Other losers were Commodities by 0.54 pc, Energy by 0.60 pc, FMCG by 0.58 pc, Financial by 0.61 pc, Healthcare by 0.49 pc, Industrial by 0.43 pc, Telecom by 0.32 pc, Utilities by 0.67 pc, Aito by 0.56 pc, Banxex by 0.62 pc, Capital Goods by 0.22 pc, Consumer Durables by 0.85 pc, Metals by 0.74 pc, oil & gas by 0.39 pc, Power by 0.91 pc, Realty by 0.77 pc and Teck by 0.92 pc. Sensex gainers were BEL by 2.03 pc to Rs 416.35 and Bharti Airtel by 0.08 pc to Rs 1,938.05. The Sensex losers were Infosys by 1.83 pc to Rs 1,592.00, HCL Tech by 1.28 pc to Rs 1,717.40, HUL by 1.23 pc to Rs 2,276.45, Eternal by 1.09 pc to Rs 250.65, Asian Paints by 1.05 pc to Rs 2,261.00, Power Grid by 1.04 pc to Rs 290.15 and TCS by 0.97 pc to Rs 3,401.40. UNI JS ARN
Yahoo
21-06-2025
- Business
- Yahoo
Vistra Corp. (VST) Ascends While Market Falls: Some Facts to Note
Vistra Corp. (VST) closed the most recent trading day at $185.10, moving +2.19% from the previous trading session. The stock outpaced the S&P 500's daily loss of 0.22%. At the same time, the Dow added 0.08%, and the tech-heavy Nasdaq lost 0.51%. The stock of company has risen by 17.07% in the past month, leading the Utilities sector's loss of 2.34% and the S&P 500's gain of 0.45%. The upcoming earnings release of Vistra Corp. will be of great interest to investors. On that day, Vistra Corp. is projected to report earnings of $1.34 per share, which would represent year-over-year growth of 48.89%. Simultaneously, our latest consensus estimate expects the revenue to be $5.27 billion, showing a 37.16% escalation compared to the year-ago quarter. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $6.23 per share and a revenue of $22.2 billion, indicating changes of -11% and +28.91%, respectively, from the former year. Investors should also note any recent changes to analyst estimates for Vistra Corp. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential. Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 5.88% increase. Vistra Corp. presently features a Zacks Rank of #3 (Hold). In the context of valuation, Vistra Corp. is at present trading with a Forward P/E ratio of 29.07. This represents a premium compared to its industry average Forward P/E of 17.71. It's also important to note that VST currently trades at a PEG ratio of 2.21. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. VST's industry had an average PEG ratio of 2.59 as of yesterday's close. The Utility - Electric Power industry is part of the Utilities sector. Currently, this industry holds a Zacks Industry Rank of 70, positioning it in the top 29% of all 250+ industries. The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Keep in mind to rely on to watch all these stock-impacting metrics, and more, in the succeeding trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Vistra Corp. (VST) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
