Investing Topics: Quarterly Results
No Q3 Earnings Armageddon for Utilities
By
Roger S. Conrad on
Nov. 5, 2023
Sellers were convinced higher for longer interest rates would undermine utility sector capital spending, and with it earnings and dividend growth, and priced stocks accordingly for a fall.But, so far at least, the fears of a sector-wide earnings Armageddon have proven to be wholly unfounded.
Guidance vs Interest Rates: Score One for Utilities
By
Roger S. Conrad on
Oct. 25, 2023
Utility investors received some very good news yesterday when US wind and solar leader NextEra Energy (NYSE: NEE) released surprise-free Q3 results and updated guidance.
What’s Wrong with Utility Stocks?
By
Roger S. Conrad on
Jun. 2, 2023
Most utility stocks have weakened since releasing Q1 results. The Dow Jones Utility Average is lower by -6.4 percent since the beginning of the year. That compares with being basically breakeven at the beginning of May. And with the S&P 500 up over 10 percent for 2023, it’s fair to ask why the underperformance?
Earnings and Guidance in Focus
By
Roger S. Conrad on
Jan. 30, 2023
Is the US economy slowing enough to enter recession this year? And if it is, how well are the companies we own prepared for what’s to come?
What Kinder’s Q3 Says About Midstream’s High Yields
By
Roger S. Conrad on
Oct. 21, 2021
Despite some setbacks, Kinder Morgan Inc. (NYSE: KMI) has adapted to where we are right now in the energy price cycle. But effective participation still requires discipline.
Energy Transition and Cycle: Huge Winners from Dissonance
By
Roger S. Conrad on
Oct. 20, 2021
This morning, America’s leading wind and solar power producer NextEra Energy (NYSE: NEE) announced outstanding Q3 results. This first major renewable energy producer to report gives solid confirmation that the global energy transition is alive and well, no matter what happens at the ongoing UN Climate Change Conference.
AT&T Inc’s Q1: Answering the Doubters, Gearing Up for Growth
By
Roger S. Conrad on
Apr. 25, 2021
There’s no doubt AT&T Inc (NYSE: T) faces some steep challenges in early 2021. Just days before the company announced Q1 earnings last week, a Wall Street Journal piece featured the views of a prominent bear under the headline “Is AT&T a Train Wreck?”
The company’s Q1 numbers and updated guidance, however, paint a far different picture.
Total SA: Affirming the Super Major Business Model
By
Roger S. Conrad on
May. 22, 2020
Total SA's (Paris: FP, NYSE: TOT) first-quarter results are a warning to those who would bet against the future of super majors. The environment is changing, but the business model is alive and well.
Kinder Passes Midstream’s Stress Test, Who’s Next?
By
Roger S. Conrad on
Jan. 23, 2020
Recently released Q4 results indicate there's a sector-wide stress test in progress, and it’s not likely to let up at least until the second half of 2020.
Riding the Trump Trade
By
Roger S. Conrad on
Nov. 16, 2016
Our bet against utility stocks has continued to pay off, while the selloff in the sector has pulled prices closer to our value-based buy targets. Stay disciplined.
MODEL PORTFOLIOS & RATINGS
Aggressive Income Portfolio
Roger's favorite utilities for investors seeking superior price appreciation by taking calculated risks.
Conservative Income Portfolio
Harness the tried and true wealth-building power of rising dividends.
Top 10 DRIPs
Nothing compounds wealth like reinvesting a rising stream of dividends.
Endangered Dividends List
Warning: Falling Dividends.
Utility Report Card
Roger's current take and vital statistics on more than 200 essential-services stocks.
Conrad's Utility Investor
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