In this article, we’ll look at the credit ratings of the utilities we’re examining in this series. Exelon Corporation (EXC) has a Standard & Poor’s credit rating of “BBB” with a stable outlook. Public Service Enterprise Group (PEG) has the highest credit rating among its peers, holding a “BBB+” rating with a stable outlook.
FirstEnergy has a credit rating of “BBB-” with a negative outlook from Standard & Poor’s. This rating was affirmed in 2Q16. The negative outlook implies that the rating could drop.
At the end of 3Q16, cash flow from operations of Exelon Corporation (EXC) stood at ~$2.8 billion, and its capex for the quarter came in at ~$1.9 billion.
In April so far, Italian-American auto giant Fiat Chrysler Automobiles (FCAU) has outperformed the broader market by a wide margin after underperforming in the first quarter.
Royal Dutch Shell (RDS.A) is slated to release its Q1 2019 results on May 2. Before we review the Q1 2019 estimates, let’s recap Shell’s Q4 2018 performance compared to forecasts.
United Parcel Service (UPS) is scheduled to report its first-quarter earnings results on April 25.
Cleveland-Cliffs (CLF) is expected to report its first-quarter earnings results on April 25.
While the overall cannabis sector experienced weakness on April 23, some stocks managed to gain some positive momentum in the first half of the day.
After being listed on the NASDAQ (QQQ) on March 29, Lyft (LYFT) stock has traded on a negative note so far.