Edition:
United States

Public Service Enterprise Group Inc (PEG.N)

PEG.N on New York Stock Exchange

46.19USD
4:02pm EDT
Change (% chg)

$-0.03 (-0.06%)
Prev Close
$46.22
Open
$46.57
Day's High
$46.63
Day's Low
$46.11
Volume
1,015,105
Avg. Vol
908,927
52-wk High
$47.47
52-wk Low
$39.28

Latest Key Developments (Source: Significant Developments)

PSEG reports Q2 earnings per share $0.22
Friday, 28 Jul 2017 07:30am EDT 

July 28 (Reuters) - Public Service Enterprise Group Inc ::PSEG announces 2017 second quarter results.Sees FY 2017 non-GAAP operating earnings per share $2.80 to $3.00.Q2 non-GAAP operating earnings per share $0.62.Q2 earnings per share $0.22.Q2 earnings per share view $0.58 -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $2.90 -- Thomson Reuters I/B/E/S.Economic conditions in new jersey continue to show steady improvement, particularly in level of employment.Public Service Enterprise Group - impact on electric revenue in Q2 from weather was favorable given warmer than normal conditions.Public Service Enterprise Group says on a weather-normalized basis, electric and gas sales declined modestly in Q2.  Full Article

PSEG qtrly non-gaap operating EPS $0.92
Friday, 28 Apr 2017 07:30am EDT 

April 28 (Reuters) - Public Service Enterprise Group Inc :Pseg announces 2017 first quarter results.Sees fy 2017 non-gaap operating earnings per share $2.80 to $3.00.Qtrly non-gaap operating earnings of $0.92 per sharere.Qtrly earnings per share $0.22.Public service enterprise group inc says pseg power forecast of non-gaap operating earnings for 2017 and non-gaap adjusted ebitda remain unchanged.Public service enterprise group inc says based on mild winter, pseg power is forecasting output for 2017 of 49 - 50 twh.Q1 earnings per share view $0.85 -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $2.89 -- Thomson Reuters I/B/E/S.Public service enterprise group -is on-track for its full-year capital investment program of $3.4 billion in its transmission and distribution infrastructure.  Full Article

Public Service Enterprise Group CEO Ralph Izzo's FY 2016 total compensation was $9.9 mln
Tuesday, 14 Mar 2017 12:35pm EDT 

Public Service Enterprise Group Inc : CEO Ralph Izzo's FY 2016 total compensation $9.9 million versus $9.2 million in FY 2015 - sec filing .CFO Daniel Cregg's FY 2016 total compensation was $2.1 million.  Full Article

Penneast Pipeline Co says Spectra Energy Partners to purchase PSEG equity position in Penneast Pipeline Project
Monday, 13 Mar 2017 03:33pm EDT 

Penneast Pipeline Co : Spectra Energy Partners to purchase PSEG equity position in Penneast Pipeline project .Spectra Energy Partners to increase equity investment in Penneast interstate natural gas pipeline project from 10 percent to 20 percent.  Full Article

PSEG outlines 5-year, $15 bln capital investment program
Monday, 6 Mar 2017 08:00am EST 

Public Service Enterprise Group Inc - : PSEG outlines 5-year, $15 billion capital investment program . Reaffirmed its 2017 earnings guidance of $2.80 to $3.00 per share .Fy2017 earnings per share view $2.93 -- Thomson Reuters I/B/E/S.  Full Article

PSEG reports Q4 loss per share of $0.19
Friday, 24 Feb 2017 07:30am EST 

Public Service Enterprise Group Inc : PSEG announces 2016 results . Sees FY 2017 operating earnings per share $2.80 to $3.00 . Increases FY dividend by 4.9 percent to $1.72per share . Qtrly loss per share $0.19 . Q4 non-GAAP operating earnings per share $0.54 . Q4 loss per share $0.19 . Public service enterprise group says pseg power is forecasting output for 2017 of 49 - 51 TWH - a slight change from 51.5 TWH of energy produced in 2016 . PSEG Power's non-GAAP operating earnings for 2017 are forecast at $435 - $510 million . Power's non-GAAP operating earnings for 2017 are forecast at $435 - $510 million . Plans to invest approximately $10.2 billion over 2017 - 2019 primarily in PSE&G (77 percent) and PSEG Power (23 percent) . Says PSEG currently plans to invest approximately $10.2 billion over 2017 - 2019 . Q4 earnings per share view $0.53, revenue view $2.71 billion -- Thomson Reuters I/B/E/S . FY2017 earnings per share view $2.92 -- Thomson Reuters I/B/E/S .PSEG Power is forecasting output for 2017 of 49 - 51 TWH - a slight change from 51.5 TWH of energy produced in 2016.  Full Article

PSEG says increases FY dividend by 4.9 percent to $1.72per share
Tuesday, 21 Feb 2017 10:07am EST 

Public Service Enterprise Group Inc : PSEG increases common stock dividend . Increases FY dividend by 4.9 percent to $1.72per share .Sets quarterly dividend of $0.43per share.  Full Article

Pseg solar source acquires 6.6 mw solar project from BayWa R.E.
Monday, 21 Nov 2016 02:00pm EST 

PSEG solar source : PSEG Solar Source- has acquired a 6.6 mw-dc solar energy facility from BayWa R.E. Solar projects representing an investment of $12.2 mln .Pseg solar source acquires 6.6 mw solar project from BayWa R.E..  Full Article

PSEG Solar acquires 16.8 MW solar project from Ecoplexus
Friday, 4 Nov 2016 09:00am EDT 

Public Service Enterprise Group Inc :PSEG Solar Source acquires 16.8 MW solar project from Ecoplexus.  Full Article

PSEG announces 2016 third quarter results
Monday, 31 Oct 2016 07:30am EDT 

Public Service Enterprise Group Inc : PSEG announces 2016 third quarter results . Public Service Enterprise Group says full year 2016 non-GAAP operating earnings guidance adjusted to $2.80 - $2.95 per share . Q3 non-GAAP operating earnings per share $0.88 . PSEG power forecast for output in 2017 and 2018 has been reduced by approximately 3 - 4% . Forecast of PSEG power's non-GAAP operating earnings for 2016 is now $460 - $500 million . PSEG says net income in quarter was also impacted by our decision to retire Hudson and Mercer coal-fired generating stations in 2017 . Public Service Enterprise Group says PSEG power's non-GAAP operating forecast represents non-GAAP adjusted EBITDA for full year of $1,270 - $1,335 million . Sees 2016 PSEG non-GAAP operating earnings $900 million - $935 million . Fy2016 earnings per share view $2.86 -- Thomson Reuters I/B/E/S .Sees fy 2016 non-GAAP operating earnings per share $2.80 to $2.95.  Full Article

BRIEF-PSE&G Proposes 5 year program to continue natural gas infrastructure upgrades

* Says announces proposal for second phase of natural gas infrastructure modernization program