Discretionary Usage & Baseline Demand, a Look Inside - Research Report on Companhia Energetica Minas Gerais, CPFL Energia S.A., FirstEnergy Corp., Duke Energy Corp and Exelon Corporation

Thu Feb 28, 2013 8:01am EST

* Reuters is not responsible for the content in this press release.

For best results when printing this announcement, please click on the link
below:

http://pdf.reuters.com/pdfnews/pdfnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130228:nPn2285534


NEW YORK,  February 28, 2013  /PRNewswire/ --

Today, Investors Alliance announced new research reports highlighting Companhia
Energetica Minas Gerais (NYSE:CIG), CPFL Energia S.A. (NYSE:CPL), FirstEnergy
Corp. (NYSE:FE), Duke Energy Corp (NYSE:DUK) and Exelon Corporation (NYSE:EXC).
Today's readers may access these reports free of charge - including full price
targets, industry analysis and analyst ratings - via the links below.

Companhia Energetica Minas Gerais Research Report

Brazilian Utility Companhia Energetica de Minas Gerais paid the first
installment of extraordinary dividend on  January 15  this year, totalling  $604
million  or  71 cents  per share. A Motley Fool analyst says shares slightly
fell a few months ago when the Brazilian government announced plans to cut
electricity rates to reduce customers' costs and make companies more
competitive. The analyst is unsure of the impact on profitability and if
policies can achieve the same goals by reducing taxes instead, in addition to
the uncertainty generated by the continuation its dividend yield of more than
17%. The Full Research Report on Companhia Energetica Minas Gerais - including
full detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.investors-alliance.com/r/full_research_report/19a2_CIG]

CPFL Energia S.A. Research Report

CPFL Energia is one of  Brazil's  utilities hurt by the threat of electric power
rationing, due to lackluster rainfall and low rivers which would be a major
problem for the country's hydroelectric dams, which power 85 percent of  Brazil.
In fact, the stock did push the Utilities sector lower this month, only to
bounce back up 1.13 percent to  $11.61  per share today. However, The Street
cites strengths in revenue, net income and return on equity, countering the
relatively poor debt management, poor profit margins and weak operating cash
flow. The Full Research Report on CPFL Energia S.A. - including full detailed
breakdown, analyst ratings and price targets - is available to download free of
charge at: [http://www.investors-alliance.com/r/full_research_report/4087_CPL]

FirstEnergy Corp. Research Report

FirstEnergy reported lower numbers in fiscal year 2012 at earnings of  $3.34 
per share compared to  $3.64  per share the previous year. Net income was  $771
million  and revenue came in at  $15.3 billion, compared to  $869 million  and 
$16.1 billion, respectively. The company incurred a host of expenses last year
including its decision to close old power plants, new regulatory and tax
charges, and placing a more conservative accounting system for pension expenses.
Declining industrial demand due to a sluggish regional economy also affected the
numbers, though management is optimistic with shale gas development in  Ohio 
and  Pennsylvania. FirstEnergy expects demand for power to increase by less than
1 percent this year, but could grow faster in the near future if shale gas
development pushes forward. The Full Research Report on FirstEnergy Corp. -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.investors-alliance.com/r/full_research_report/1560_FE]

Duke Energy Corp Research Report

Duke Energy announced it will begin inspections of piers and structures located
along the western shoreline of Lake Norman in  Lincoln  and  Catawba  counties
in early March, as part of its Structure Renovation/Removal Program. Findings
showed that about five percent of the piers on Duke Energy's lakes are in need
of major repair, according to the press release. In other news,  Duke  saw its
Q4 2012 earnings top Wall Street expectations after rising electric rates and
increased demand for power due to more extreme weather. However, results were
reduced by costs incurred by acquiring Progress Energy in June to become the
US's largest utility, and cost overruns at an  Indiana  power plant.  Duke 
reported net income of  $435 million  or  62 cents  per share. With the effect
of the merger costs and other one-time charges removed, the company earned  70
cents  per share. Analysts had expected the company to earn  65 cents  per share
on an adjusted basis. In comparison,  Duke  posted net income of  $288 million 
last year, or  65 cents  per share as a standalone company. The Full Research
Duke Energy Corp - including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
[http://www.investors-alliance.com/r/full_research_report/7bfd_DUK]

Exelon Corporation Research Report

Exelon reported revenue of  $6.44 billion, compared to the expected revenue of 
$8.26 billion, while GAAP reported sales were 57% higher than the prior-year
quarter's  $3.99 billion. Meanwhile earnings per share came in at  64 cents,
meeting expectations. However GAAP EPS of  44 cents  for Q4 was 52% lower than
the prior-year quarter's  91 cents  per share. The dividend meanwhile was
announced at  53 cents  per share, payable on  March 8. For this year, Exelon
expects adjusted (non-GAAP) operating earnings of  $2.35 to $2.65  per share,
citing mark-to-market adjustments from economic hedging activities, financial
impacts associated with the planned retirement of fossil generating units and
the sale in the fourth quarter of 2012 of three generating stations as required
by the merger, among others. The Full Research Report on Exelon Corporation -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.investors-alliance.com/r/full_research_report/3f3b_EXC]

Consider Investors Alliance

Tired of hearing about the latest, greatest trade opportunity... only to realize
that the ship has long sailed? You need a strong, informative community in your
arsenal. Join the group that has been consistently identifying momentous
situations as they develop - long before they become the next top news on major
financial networks.

Contact:  Patricia Byers

Email:  press@investors-alliance.com

Main: +1-480-745-7826

SOURCE  Investors-Alliance

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.