NEW YORK, August 7, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding FirstEnergy Corp. (NYSE: FE), Sempra Energy (NYSE: SRE), PPL Corporation (NYSe: PPL), Public Service Enterprise Group Inc. (NYSE: PEG) and Consolidated Edison, Inc. (NYSE: ED). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/5545-100free.
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FirstEnergy Corp. Research Reports
On August 4, 2014, FirstEnergy Corp. (FirstEnergy) reported that its Pennsylvania utilities have filed comprehensive distribution rate plans with Pennsylvania Public Utility Commission (PPUC) to ensure continued reliability enhancements for customers. Across FirstEnergy's Pennsylvania operating companies -- Pennsylvania Power Company (Penn Power), West Penn Power Company (West Penn Power), Metropolitan Edison Company (Met-Ed) and Pennsylvania Electric Company (Penelec) - the proposed rate plan would result in an average bill increase of $16.59 per month for residential customers. According to the Company, the new prices, if approved, would still on average be lower than the average rates charged presently by other Pennsylvania utilities. "The plans are designed to bring our revenues in line with our costs, while minimizing the impact to our customers," said Dave Karafa, President of Pennsylvania Operations for FirstEnergy. The utilities have requested that the proposed rates would take effect October 3, 2014. The full research reports on FirstEnergy are available to download free of charge at:
http://www.analystsreview.com/Aug-07-2014/FE/report.pdf
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Sempra Energy Research Reports
On July 29, 2014, Sempra Energy (Sempra) reported that one of its subsidiaries Southern California Gas Co. (SoCalGas) has recently kicked off its "Solar Summer Tour" and is in the process of shining the light on its first-ever, fully functional solar water-heated mobile unit. The mobile unit, which plans to visit 22 locations throughout Southern California this summer, will highlight the journey from the sun to the water heater and the benefits of installing a solar water heating unit on residential or commercial properties. SoCalGas customers can tour the unit for free at one of its many stops throughout the end of August 2014. The full research reports on Sempra are available to download free of charge at:
http://www.analystsreview.com/Aug-07-2014/SRE/report.pdf
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PPL Corporation Research Reports
On August 1, 2014, PPL Corporation (PPL) announced the appointment of Rodney C. Adkins, an executive with 33 years of experience at IBM, to the Company's Board of Directors, effective immediately. PPL informed that Adkins, who will retire from IBM at the end of this year, is currently serving as Senior Vice President with a focus on special corporate projects and key client relationships. Commenting on the appointment, PPL's Chairman, President and CEO, William H. Spence said, "Rod will be an excellent addition to our strong PPL board of directors. His technical knowledge and his experience in developing and implementing strategic plans will be very valuable assets as we continue the transformation of PPL Corporation." The full research reports on PPL are available to download free of charge at:
http://www.analystsreview.com/Aug-07-2014/PPL/report.pdf
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Public Service Enterprise Group Inc. Research Reports
On July 30, 2014, Public Service Enterprise Group Inc. (PSEG) announced its Q2 2014 financial results. PSEG reported a decline in Q2 2014 net income at $212 million or $0.42 per diluted share as compared to net income of $333 million or $0.66 per diluted share reported in Q2 2013. The Company's operating earnings rose to $0.49 per diluted share during the quarter under review from $0.48 per diluted share in the year ago period. PSEG's operating revenue slipped 2.6% YoY to $2.25 billion. On average, analysts polled by Reuters expected the Company to report EPS of $0.51 on revenue of $2.24 billion. PSEG's Chairman, President and CEO, Ralph Izzo said, "Our results in the second quarter reflect the benefit of our diversified business model, the growth in our regulated utility company capital program and our long-term focus on operating in a safe, reliable manner as we meet the needs of our customers and shareholders." The full research reports on PSEG are available to download free of charge at:
http://www.analystsreview.com/Aug-07-2014/PEG/report.pdf
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Consolidated Edison, Inc. Research Reports
On July 17, 2014, Consolidated Edison, Inc. announced a quarterly dividend of $0.63 per share on its common stock, payable on September 15, 2014, to stockholders of record as of August 13, 2014. The full research reports on ConEdison are available to download free of charge at:
http://www.analystsreview.com/Aug-07-2014/ED/report.pdf
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