Monthly Archives: August 2018
Barrons – Baby Bonds
The latest issue of Barron's had an article discussing "Baby Bonds". These bonds typically have a $25 par value, and most trade just like stocks on the New York Stock Exchange. (See article here.) Two electric utility bonds were actually mentioned in the article, one by the Tennessee Valley Auth
Wildfires
Investors in California utilities, particularly PCG, have been thinking about wildfires a lot lately. People keep discussing the increase in fires over the last few decades, and that utilities could be at risk for some of the costs of the fires if their equipment is involved in the start of the
Natural Gas Storage August 2018
With the shale revolution, natural gas has become the biggest generating fuel for electricity in the US. This winter's high natural gas usage brought storage levels this winter to their lowest levels since the polar vortex winter of 2014. Since the end of winter, storage levels have increased, b