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Public Service Enterprise Group Inc (PEG.N)

PEG.N on New York Stock Exchange

55.69USD
14 Dec 2018
Change (% chg)

$-0.11 (-0.20%)
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Latest Key Developments (Source: Significant Developments)

Pseg Acquires Sixth North Carolina Solar Farm
Thursday, 8 Feb 2018 10:00am EST 

Feb 8 (Reuters) - Public Service Enterprise Group Inc ::PSEG ACQUIRES SIXTH NORTH CAROLINA SOLAR FARM.ACQUIRED 7 MW-DC SOLAR ENERGY FACILITY FROM BAYWA R.E. REPRESENTING AN INVESTMENT OF ABOUT $10 MILLION.  Full Article

PSEG Energy Solutions Gains License To Operate In Maryland
Friday, 2 Feb 2018 10:00am EST 

Feb 2 (Reuters) - PSEG Energy Solutions ::PSEG ENERGY SOLUTIONS GAINS LICENSE TO OPERATE IN MARYLAND.SAYS RECEIVED APPROVAL TO OPERATE AS A RETAIL ELECTRICITY SUPPLIER IN STATE OF MARYLAND.  Full Article

Public Service Electric & Gas Says ‍Beginning In 2018, PSEG, On Consolidated Basis, Will Incur Lower Income Tax Expense
Thursday, 11 Jan 2018 08:20am EST 

Jan 11 (Reuters) - Public Service Enterprise Group Inc ::PUBLIC SERVICE ELECTRIC & GAS SAYS ‍BEGINNING IN 2018, PSEG, ON CONSOLIDATED BASIS, WILL INCUR LOWER INCOME TAX EXPENSE - SEC FILING.PUBLIC SERVICE ELECTRIC & GAS-WITH TAX CUTS&JOBS ACT, SEES TO RECORD A ONE-TIME,NON-CASH EARNINGS BENEFIT IN RANGE OF $660 MILLION TO $850 MILLION IN FY 2017.PUBLIC SERVICE ELECTRIC & GAS- CO EXPECTS TO HAVE EXCESS DEFERRED TAXES IN RANGE OF $1.8 BILLION TO $2.2 BILLION IN FY 2017.  Full Article

Salem, Hope Creek Nuclear Plants Not Impacted By Delaware Quake -PSEG
Thursday, 30 Nov 2017 05:54pm EST 

Nov 30 (Reuters) - PUBLIC SERVICE ENTERPRISE GROUP ::PSEG SAYS SALEM, HOPE CREEK NUCLEAR PLANTS NOT IMPACTED BY EARTHQUAKE AT DOVER, DELAWARE; ALL THREE PLANTS REMAIN ONLINE.PSEG SAYS AS PART OF PLANT PROCEDURES EMPLOYEES ARE WALKING DOWN PLANT EQUIPMENT.  Full Article

PSE&G gets deadline extension approval for filing distribution base rate case proceeding
Tuesday, 21 Nov 2017 01:29pm EST 

Nov 21 (Reuters) - Public Service Enterprise Group Inc ::Says New Jersey Board of Public Utilities approved deadline extension for filing PSE&G's distribution base rate case proceeding.Says filing of PSE&G's distribution base rate case proceeding to now be based on 5 months actual data, 7 months forecasted data​.Says New Jersey Board of Public Utilities approved deadline extension to February 1, 2018​ at meeting on Nov 21 - SEC filing.  Full Article

Public Service Enterprise Group Inc files for potential mixed shelf offering
Friday, 17 Nov 2017 01:32pm EST 

Nov 17 (Reuters) - Public Service Enterprise Group Inc ::Public Service Enterprise Group Inc files for potential mixed shelf offering - SEC filing‍​.  Full Article

PSEG reports 2017 third quarter results
Tuesday, 31 Oct 2017 07:30am EDT 

Oct 31 (Reuters) - Public Service Enterprise Group Inc :Pseg sees 2017 non-gaap operating earnings per share $2.80 to $3.00.Reports Q3 2017 net income of $395 million or $0.78 per share​.Says ‍non-gaap operating earnings guidance for full year remains unchanged​.Says PSEG ‍power continues to forecast output for 2017 of 49 - 50 twh​.Says for PSEG power forecast of output for 2018 and 2019 remains unchanged from prior estimates​.Reports ‍​qtrly operating revenues $2,263 million versus $2,450 million.Q3 revenue view $2.56 billion -- Thomson Reuters I/B/E/S.FY 2017 earnings per share view $2.92 -- Thomson Reuters I/B/E/S.  Full Article

PSEG Solar Source acquires Long Island Project from Solar Liberty
Thursday, 28 Sep 2017 08:00am EDT 

Sept 28 (Reuters) - Public Service Enterprise Group Inc : :PSEG Solar Source acquires Long Island Project from Solar Liberty.Public Service Enterprise Group Inc - deal ‍representing an investment of $20 million to $25 million​.Public Service Enterprise Group Inc - ‍PSEG West Babylon solar center is expected to begin commercial operation in October​.  Full Article

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