Rate Base Growth, Disaster Preparedness Powering Greater Returns - Research Report on AES, Edison International, PEG and Entergy
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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:20130304:nPn3045821 NEW YORK, March 4, 2013 /PRNewswire/ -- Today, Investors Alliance announced new research reports highlighting The AES Corporation (NYSE: AES), Edison International (NYSE: EIX), Portland General Electric Company (NYSE: POR), Public Service Enterprise Group (NYSE: PEG) and Entergy Corporation (NYSE: ETR). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. The AES Corporation Research Report AES reported strong results, with adjusted earnings per share totaling $1.24 for 2012, up 22 percent year-over-year. In the fourth quarter, the company highlighted new strategies like improving its operating performance and its portfolio to increase profitability and cash flow. Moving forward, the company expects to continue implementing this strategy to drive growth and enhance value for shareholders. In 2012, the company completed construction of 447 MW of installed capacity, and the company is also on track to complete an additional 2181 MW of capacity in 2015. These structural investments are expected to drive growth in the future. For 2013, AES expects to gain adjusted EPS of $1.24 to $1.32, in line with analysts' estimates of $1.27. By increasing its capacity to supply electricity and by improving operations, the company is positioning itself for long-term growth. The Full Research Report on The AES 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/b734_AES] -- Edison International Research Report Edison reported a significant increase in core earnings driven by the Southern California Edison's (SCE) 2012 General Rate Case, approved by the California Public Utilities Commission. Rate bases determine the value of a utility company's assets, helping local governments determine the price that it should charge its customers. Edison International CEO commends Southern California Edison's ability to deliver rate base growth and is excited to continue delivering reliable and affordable electricity to customers. Following this result, Wunderlich Securities reiterated their buy rating on Edison International and raised its price target from $49 to $51. With good results and a higher rate base, the company is expecting sustainable growth in both earnings and dividends. The Full Research Report on Edison International - 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/bf5b_EIX] -- Portland General Electric Company Research Report PGE pleased investors with its reported net income of $141 million or $1.87 per diluted share compared to $147 million or $1.95 per diluted share for 2011. PGE Chief Executive Officer Jim Piro notes that the company's delivery system and generating facilities performed well in the year. To increase revenue, the company requested approximately 6 percent rise in customer prices, with regulatory approval due before the end of 2013. Moving forward, the company will invest more on distribution infrastructure, improve existing power plants, update wind forecasting systems and establish disaster-preparedness centers. It will also construct a 220 megawatt plant with online data expected in 2015. The Full Research Report on Portland General Electric Company - 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/470f_POR] -- Public Service Enterprise Group Research Report PSE&G is proud of its accomplishments in the past year, reporting operating earnings of $2.44 per share. The company recognizes the challenge that Superstorm Sandy gave during the fourth quarter, and is now investing to prevent similar cases in the future. In light of this, the company made a 3.9 billion 10-year proposal for its "Energy Strong" program. The program would protect more than 40 utility installations from storm surges. It would strengthen distribution lines and make electric grids easier to repair. The company is also increasing capital investment to increase earnings and deliver better returns. The Full Research Report on Public Service Enterprise Group - 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/3c62_PEG] -- Entergy Corporation Research Report Entergy remains focused on safety and operational excellence. The company is particularly excited in joining the Midwest Independent Transmission System Operator, a regional transmission organization. It also plans to spin off and then merge its electric transmission business with a subsidiary of ITC. The deal is expected to close within the year, subject to regulatory approval and ITC shareholder approval. In the long term, the company expects around 6 percent growth in its utility net income. The Full Research Report on Entergy 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/6759_ETR] -- 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