Tag Archives: ETR
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
Barrons – Juicy Yields
The Speaking of Dividends column in this weekend's Barron's (see here) talked about stocks with high dividend yields, and the possibility that the high yield could mean something other than a cheap stock. When you look at a list of the largest US electric utilities you can see that there are nam
Utility Buybacks
Page 9 of the 12/26/16 issue of Barron's (see here) discussed share buybacks in the third quarter in the S&P 500. The S&P 500 companies bought back $116B of stock during the period, which was a 28% drop below Q3 2015 according to Factset. It turns out that utilities were a minuscule cont
Michigan Nuke Closure
Last week Consumers Energy announced they would terminate a power purchase agreement with Entergy early. Entergy announced they would shut down the Palisades nuclear plant in 2018, the source of the electricity for this Consumers contract. There was an interesting article in the Midwest Energy N
New York Approves Power Plant Sale
New York regulators have approved the sale of the Fitzpatrick nuclear plant from Entergy to Exelon. (see here) This is a big step, though the deal still needs approval from the NRC and FERC. Fitzpatrick is the second smallest nuclear plant in New York, and it produces about 7M MWh of electricity