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United States

Public Service Enterprise Group Inc (PEG.N)

PEG.N on New York Stock Exchange

44.15USD
29 Mar 2017
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Latest Key Developments (Source: Significant Developments)

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

Public Service Enterprise Group posts Q2 operating EPS $0.57
Friday, 29 Jul 2016 07:30am EDT 

Public Service Enterprise Group Inc : PSEG announces 2016 second quarter results . Q2 operating earnings per share $0.57 (not $0.18) . Operating earnings guidance for full year remains unchanged . Q2 earnings per share view $0.58 -- Thomson Reuters I/B/E/S . Q2 earnings per share $0.37 . Reaffirms FY 2016 operating earnings per share view $2.80 to $3.00 . Sees PSEG Power's 2016 operating earnings in the range of $460 million - $525 million . Sees 2016 PSE&G operating earnings $900 - $935 mln .PSEG Power is reducing its forecast of output for 2016 to 50 - 52 twh from its prior forecast of 52 - 54 twh.  Full Article

BRIEF-Public Service Enterprise Group reports Q2 earnings per share $0.37
Friday, 29 Jul 2016 07:30am EDT 

Corrects second bullet to say FY operating earnings guidance, not total company guidance, is unchanged. Also corrects Q2 operating EPS in fourth bullet to $0.57 from $0.18.Public Service Enterprise Group Inc : Sees 2016 PSE&G operating Earnings $900-$935 million . Operating earnings guidance for full year remains unchanged . PSEG announces 2016 second quarter results . Q2 operating earnings per share $0.57 . Q2 earnings per share view $0.58 -- Thomson Reuters I/B/E/S . Q2 earnings per share $0.37 . Reaffirms FY 2016 operating earnings per share view $2.80 to $3.00 . Sees PSEG power's 2016 operating earnings in the range of $460 million - $525 million .PSEG power is reducing its forecast of output for 2016 to 50 - 52 twh from its prior forecast of 52 - 54 twh.  Full Article

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BRIEF-Public Service Enterprise Group CEO Ralph Izzo's FY 2016 total compensation was $9.9 mln

* CEO Ralph Izzo's FY 2016 total compensation $9.9 million versus $9.2 million in FY 2015 - sec filing