x

RSS Newsfeeds

See all RSS Newsfeeds

Global Regions

United States ( XML Feed )

Nov 3, 2017 4:40 PM ET

Initiating Research Reports on Utilities Equities — FuelCell Energy, Pattern Energy, UGI Corp., and Westar Energy

Disclosure NewswireTM

iCrowdNewswire - Nov 3, 2017

NEW YORK, —

 

If you want a Stock Review on FCEL, PEGI, UGI, or WR then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. The Utilities sector is popular among value investors due to the dividends paid by utility companies as well as the traditionally lower beta of utility stocks to the overall market. The sector includes companies that deliver gas, electricity and water. Ahead of today’s trading session, DailyStockTracker.com redirects investors’ attention to four Diversified Utilities stocks, namely: FuelCell Energy Inc. (NASDAQ: FCEL), Pattern Energy Group Inc. (NASDAQ: PEGI), UGI Corp. (NYSE: UGI), and Westar Energy Inc. (NYSE: WR). This morning’s free research reports on the aforesaid equities are available upon registration on DailyStockTracker.com at:

http://dailystocktracker.com/register/

FuelCell Energy 

Danbury, Connecticut headquartered FuelCell Energy Inc.’s stock finished Thursday’s session 4.67% higher at $2.24. A total volume of 4.44 million shares was traded, which was above their three months average volume of 1.69 million shares. The Company’s shares have advanced 0.90% in the past month, 39.13% over the previous three months, and 28.00% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 22.44% and 50.79%, respectively. Furthermore, shares of FuelCell Energy have a Relative Strength Index (RSI) of 63.53.

On October 04th, 2017, research firm Oppenheimer initiated an ‘Outperform’ rating on the Company’s stock, with a target price of $4 per share.

On October 19th, 2017, FuelCell Energy (FCEL) announced the execution of a power purchase agreement with the Connecticut Municipal Electric Energy Cooperative (CMEEC) for the long-term supply of power to the US Navy Submarine Base in Groton, Connecticut. CMEEC will be acting through and working with Groton Utilities to implement the new power supply. FCEL will install and operate the fuel cell installation. Visit us today and access our complete research report on FCEL at:

http://dailystocktracker.com/registration/?symbol=FCEL

Pattern Energy Group 

Shares in San Francisco, California headquartered Pattern Energy Group Inc. ended at $22.14, down 3.99% from the last trading session. The stock recorded a trading volume of 1.70 million shares, which was above its three months average volume of 814,440 shares. The Company’s shares have gained 16.59% on an YTD basis. The stock is trading 2.67% below its 200-day moving average. Moreover, shares of Pattern Energy have an RSI of 30.24.

On October 24th, 2017, research firm Bank of America/Merrill resumed its ‘Underperform’ rating on the Company’s stock, with a target price of $21 per share.

On October 26th, 2017, Pattern Energy announced that it will release its Q3 2017 financial results by press release on November 09th, 2017, prior to market open. The Company will subsequently hold a conference call that same day at 10:30 a.m. ET, to be hosted by Mr. Michael Garland, President and CEO, and Mr. Michael Lyon, CFO. A question-and-answer session will follow the corporate update. The complimentary report on PEGI can be downloaded at:

http://dailystocktracker.com/registration/?symbol=PEGI

UGI Corp. 

King of Prussia, Pennsylvania-based UGI Corp.’s stock ended yesterday’s session 0.63% lower at $47.56 with a total trading volume of 531,567 shares. The Company’s shares have advanced 1.06% in the past month and 3.21% on an YTD basis. The stock is trading 0.98% below its 50-day moving average. Additionally, shares of UGI Corp. have an RSI of 46.35.

On November 01st, 2017, UGI Energy Services LLC, a subsidiary of UGI Corp., announced the acquisition of midstream assets from Rockdale Marcellus LLC by its wholly owned subsidiary, UGI Texas Creek LLC. The latter acquired 100% of a midstream system located in TiogaLycoming, and Bradford counties, Pennsylvania. The system is composed of more than 60 miles of natural gas gathering lines, along with dehydration and compression facilities. Register for free on DailyStockTracker.com and access the latest research report on UGI at:

http://dailystocktracker.com/registration/?symbol=UGI

Westar Energy 

On Thursday, shares in Topeka, Kansas headquartered Westar Energy Inc. recorded a trading volume of 606,249 shares. The stock finished 0.87% higher at $53.31. The Company’s shares have advanced 5.17% in the last one month and 3.92% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 3.81% and 1.47%, respectively. Furthermore, shares of Westar Energy, which generates, transmits, and distributes electricity in Kansas, have an RSI of 65.45.

On October 24th, 2017, research firm Bank of America/ Merrill resumed its ‘Buy’ rating on the Company’s stock, with a target price of $57 per share.

On October 31st, 2017, Westar Energy announced its financial results. Total revenues for Q3 2017 were $794 million, total operating expenses were $534 million, and income from operations was $260 million. Earnings for Q3 2017 were $158 million, or $1.11 per share; and earnings for the nine months ended September 30th, 2017 were $290 million, or $2.03 per share. The complimentary report on WR can be downloaded at:

http://dailystocktracker.com/registration/?symbol=WR

Daily Stock Tracker: 

Daily Stock Tracker (DST) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. DST has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

DST has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by DST. DST is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

DST, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. DST, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, DST, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither DST nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://dailystocktracker.com/disclaimer/

CONTACT
For any questions, inquiries, or comments reach out to us directly. If youre a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa

Contact Information:

Email: [email protected]
Phone number: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa

View Related News >