|By PR Newswire||
|August 7, 2014 08:50 AM EDT||
NEW YORK, August 7, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding American Electric Power Co., (NYSE: AEP), Entergy Corporation (NYSE: ETR), Southern Company (NYSE: SO), Dominion Resources, Inc. (NYSE: D) and Edison International (NYSE: EIX). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/5542-100free.
American Electric Power Co., Research Reports
On July 25, 2014, American Electric Power Co., (AEP) announced Q2 2014 and H1 2014 financial results. Revenues for the quarter were $4.0 billion, as against $3.6 billion in Q2 2013. The Company reported operating earnings of $390 million or $0.80 per share, compared with $357 million or $0.73 per share during Q2 2013. For H1 2014, revenues were up 17.6% YoY to $8.7 billion. Operating earnings came in at $950 million or $1.95 per share, compared with $744 million or $1.53 per share during H1 2013. Looking forward, management reaffirmed its 2014 operating earnings guidance range of $3.35 to $3.55 per share. In a separate press release on July 22, 2014, AEP declared a regular quarterly cash dividend of 50 cents a share on the Company's common stock payable on September 10, 2014, to shareholders of record as of August 8, 2014. The full research reports on AEP are available to download free of charge at:
Entergy Corporation Research Reports
On July 30, 2014, Entergy Corporation (Entergy) issued a press release informing that its charitable foundation has awarded $116,500 in grants to nonprofit organizations in the Arkansas area. According to the Company, the grant, which is the first of the two award cycles offered annually by the foundation, will support Arkansas community projects. "We work hard to give back to the communities in which we live and work," said Tom Kennedy, Entergy Arkansas' vice president of public affairs. "Contributing to a society that is healthy, educated and environmentally safe and productive helps create stronger communities, allowing our customers, employees, owners and communities to thrive." The Company stated that the foundation is funded by its shareholders and supports strategic investments in education, environmental programs and poverty solutions in communities served by Entergy. The full research reports on Entergy are available to download free of charge at:
Southern Company Research Reports
On August 4, 2014, Southern Company reported that its subsidiary - Mississippi Power, pursuant to the new federal environmental standards and to meet obligations under a settlement with the Sierra Club, will no longer use coal at Plant Watson, by converting its two remaining coal-fired units to natural gas no later than April 16, 2015. According to the Company, the stated plant already has three units that operate on natural gas. Further, at Plant Sweatt, the Company has agreed to retire two of the existing natural gas units, to repower with more advanced technology or convert to an alternative non fossil-fuel source, no later than December 31, 2018. Further, at the Greene County Plant, Mississippi Power will cease coal operations and convert two units to natural gas no later than April 16, 2016. The full research reports on Southern Company are available to download free of charge at:
Dominion Resources, Inc. Research Reports
On July 31, 2014, Dominion Resources, Inc. (Dominion) announced that its subsidiary Dominion Voltage Inc. (DVI), and GRID20/20®, Inc., a leading distribution transformer monitoring provider, have teamed up to bring grid optimization into new markets. The alliance comes after months of rigorous research and evaluation, in which DVI concluded that GRID20/20® provides a superior intra-grid sensing platform to effectively drive its EDGE® solution within markets not possessing smart meters. "By taking advantage of the GRID20/20® technology and integrating it into our platform, we are able to offer our EDGE® solution into markets that were previously unreachable," said Todd Headlee, Executive Director of DVI. The full research reports on Dominion are available to download free of charge at:
Edison International Research Reports
On August 1, 2014, Southern California Edison (SCE) - a group Company of Edison International (Edison) announced that it has signed contracts with solar and geothermal energy producers representing more than 1,500 megawatts (MW) of clean, renewable power. Signed contracts include the purchase of more than 1,300 MW of new solar power and the re-contracting of 225 MW with an existing California geothermal energy project. According to Stuart R. Hemphill, SCE Senior Vice President, Power Supply and Operational Services, the said agreements will help the Company to maintain diversity in its renewable energy portfolio. Edison informed that these contracts were won after an open and competitive process for all renewable resources designed to promote market development, contain costs, diversify power sources and help to meet the state's 33% Renewables Portfolio Standard goals. The Company stated that the agreements are subject to approval by the California Public Utilities Commission. The full research reports on Edison are available to download free of charge at:
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