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Robust Hiring, Financial Releases, Quarterly Dividends, and Sustainability Reports - Research Report on CMS Energy, Calpine, NiSource, CenterPoint, and NV Energy


News provided by

Investors' Reports

Aug 02, 2013, 08:00 ET

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NEW YORK, August 2, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Investors' Reports announced new research reports highlighting CMS Energy Corporation (NYSE: CMS), Calpine Corporation (NYSE: CPN), NiSource Inc. (NYSE: NI), CenterPoint Energy, Inc. (NYSE: CNP), and NV Energy, Inc. (NYSE: NVE). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

CMS Energy Corporation Research Report

On July 29, 2013, CMS Energy Corporation (CMS Energy) announced that its subsidiary, Consumers Energy, is hiring nearly 300 people to build and replace gas pipelines in order to fulfill its commitment to customer safety and workforce expansion. The Company informed that the new positions are part of the planned $60 million investment in gas pipeline work in 2013, which is expected to rise to an investment of $116 million in 2014. Michele Kirkland, Vice President of Energy Operations at Consumers Energy, said, "Our promise is to continue to work for safe communities, meeting our customers' expectations that we deliver reliable gas service. These ongoing investments will improve our system's reliability and help our communities grow by putting Michigan residents to work." The Full Research Report on CMS Energy Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-31/CMS]

Calpine Corporation Research Report

On July 25, 2013, Calpine Corporation (Calpine) reported Q2 2013 financial results. The Company's Q2 2013 operating revenues were approximately $1.6 billion, up 78.8% YoY. Net loss stood at $70 million, or $0.16 per diluted share, compared to a net loss of $329 million or $ 0.69 in Q2 2012. Adjusted EBITDA was down 14.9% YoY to $343 million. Commenting on the results, Jack Fusco, CEO of Calpine, said, "We remain steadfastly focused on positioning Calpine to take advantage of the secular shift in the US power generation industry to clean, efficient, and dispatchable combined-cycle gas turbines." He continued, "Our second quarter and year-to-date results reflect milder weather this year, as well as the sale of two contracted power plants late last year. We expect these headwinds to be offset during the balance of the year by higher regulatory capacity revenues in PJM, the commencement of operations at our two new contracted plants in California and the acquisition of Bosque Energy Center in Texas." The Full Research Report on Calpine Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-31/CPN]

NiSource Inc. Research Report

On July 24, 2013, NiSource Inc. (NiSource) issued its annual Sustainability Report. According to the Company, the report highlights NiSource's progress in building a more enduring and sustainable Company across five key dimensions: the environment, communities, customers, employees, and shareholders. Robert C. Skaggs, Jr., President and CEO of NiSource, said, "Each year this report serves as a go-to source for our team and key stakeholders to better understand NiSource's commitment to sustainable operations, across our broad footprint, each day NiSource employees are building a more sustainable company - through solid safety and ethics practices; community and environmental investments; and charitable involvement and economic development." The Full Research Report on NiSource Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-31/NI]

CenterPoint Energy, Inc. Research Report

On July 25, 2013, CenterPoint Energy, Inc. (CenterPoint) announced that its Board of Directors has approved a regular quarterly cash dividend of approximately $0.21 per share of common stock. The Company reported that the dividend is payable on September 10, 2013, to shareholders of record as of the close of business on August 16, 2013. The Full Research Report on CenterPoint Energy, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-31/CNP]

NV Energy, Inc. Research Report

On July 26, 2013, NV Energy, Inc. (NV Energy) reported its financial results for Q2 2013. Operating revenues totaled 731.6 million, down 1.2% YoY. The Company's net income came in at $63.2 million, or $0.27 per diluted share, compared to $69.4 million, or $0.29 per diluted share in Q2 2012. According to NV Energy, the key factors benefitting Q2 2013 earnings were increased usage independent of weather, growth in the number of customers, and reduced interest expense, which were offset by costs related to the planned merger with MidAmerican Energy Holdings (MidAmerican). For full-year 2013, NV Energy expects EPS of $1.25 to $1.35 after assuming normal weather in H2 2013 and including costs related to the MidAmerican merger. The Full Research Report on NV Energy, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-31/NVE]

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to making mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is 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 by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does 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.

SOURCE Investors' Reports

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