Free Technical Research on Sempra Energy and Three More Utilities Equities
Stock Research Monitor: PNM, TERP, and UGI
LONDON, UK / ACCESSWIRE / May 23, 2018 / If you want a free Stock Review on SRE sign up now at www.wallstequities.com/registration. WallStEquities.com has initiated coverage on the Diversified Utilities industry, which consists of companies that provide consumers and businesses with electricity, natural gas, and water. Most of these companies are government-sanctioned monopolies. They operate without competition in their main service areas. In today’s lineup are these four stocks: PNM Resources Inc. (NYSE: PNM), Sempra Energy (NYSE: SRE), TerraForm Power Inc. (NASDAQ: TERP), and UGI Corp. (NYSE: UGI). All you have to do is sign up today for this free limited time offer by clicking the link below.
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PNM Resources
On Tuesday, shares in Albuquerque, New Mexico headquartered PNM Resources Inc. recorded a trading volume of 290,693 shares. The stock ended the day at $38.40, climbing 1.05% from the last trading session. The Company’s shares have advanced 8.32% in the previous three months and 4.49% over the past year. The stock is trading above its 50-day moving average by 0.71%. Furthermore, shares of PNM Resources, which through its subsidiaries, engages in the energy and energy-related businesses in the US, have a Relative Strength Index (RSI) of 50.82.
On April 27th, 2018, PNM Resources released its Q1 2018 results. GAAP net earnings attributable to the Company were $15.0 million for the quarter, and GAAP diluted EPS was $0.19. Ongoing net earnings for Q1 2018 were $16.5 million, and ongoing diluted EPS was $0.21. In addition, management affirmed its consolidated ongoing earnings guidance of $1.82 to $1.92 per diluted share for 2018 and $2.04 to $2.16 per diluted share for 2019. Get the full research report on PNM for free by clicking below at:
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Sempra Energy
San Diego, California headquartered Sempra Energy’s stock rose slightly by 0.77%, finishing yesterday’s session at $103.43. A total volume of 2.44 million shares was traded, which was above their three months average volume of 1.97 million shares. The Company’s shares are trading below their 50-day moving average by 5.70%. Additionally, shares of Sempra Energy, which together with its subsidiaries, invests in, develops, and operates energy infrastructure, as well as provides electric and gas services in the US and internationally, have an RSI of 35.65.
On May 17th, 2018, Southern California Gas Co., a subsidiary of Sempra Energy, introduced an innovative, new solar-powered hydrogen generation system during the California Air Resources Board Technology Expo and Symposium at the University of California, Riverside. The project is a partnership between the Company, Pacific Northwest National Laboratory, and the STARS Corporation. The generation system uses sunlight to convert natural gas and water into hydrogen and to capture the carbon dioxide to prevent carbon emissions.
On May 21st, 2018, research firm Argus upgraded the Company’s stock rating from ‘Hold’ to ‘Buy’. Get access to our top-rated research, including the free report on SRE at:
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TerraForm Power
Shares in Bethesda, Maryland headquartered TerraForm Power Inc. ended the session 0.09% higher at $11.01. The stock recorded a trading volume of 507,076 shares. The Company’s shares have gained 6.44% over the past year. The stock is trading 0.37% below its 50-day moving average. Moreover, shares of TerraForm Power, which together with its subsidiaries, owns and operates clean power generation assets, have an RSI of 47.99.
On May 01st, 2018, TerraForm Power announced that, on April 30th, 2018, its Board declared a quarterly dividend with respect to the Company’s Class A common stock of $0.19 per share. The dividend is payable on June 15th, 2018, to shareholders of record as of June 01st, 2018.
On May 03rd, 2018, research firm JP Morgan upgraded the Company’s stock rating from ‘Neutral’ to ‘Overweight’. Click here to subscribe for a free membership which welcomes you with our report on TERP at:
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UGI Corp.
At the closing bell on Tuesday, King of Prussia, Pennsylvania-based UGI Corp.’s stock rose slightly by 0.33%, finishing at $49.19. A total volume of 842,249 shares was traded, which was above their three months average volume of 788,710 shares. The Company’s shares have gained 4.88% in the last month, 15.06% over the previous three months, and 1.01% over the past year. The stock is trading 6.63% and 4.92% above its 50-day and 200-day moving averages, respectively. Additionally, shares of UGI, which distributes, stores, transports, and markets energy products and related services in the US and internationally, have an RSI of 68.14.
On April 24th, 2018, UGI’s Board of Directors has declared a quarterly dividend of $0.26 per share on the Company’s common stock, representing a 4% increase. The dividend is payable on July 01st, 2018, to shareholders of record as of June 15th, 2018. To get free access to your research report on UGI, sign up at:
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