Utilities Issue Sustainability Report, Quarterly Dividends, and Positive Financial Results - Research Report on PSEG, Ameren, NV Energy, Westar Energy, and PNM Resources
NEW YORK, August 21, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting Public Service Enterprise Group Incorporated (NYSE: PEG), Ameren Corporation (NYSE: AEE), NV Energy, Inc. (NYSE: NVE), Westar Energy, Inc. (NYSE: WR), and PNM Resources, Inc. (NYSE: PNM). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Public Service Enterprise Group Incorporated Research Report
On August 12, 2013, Public Service Enterprise Group Incorporated (PSEG) released its 2013 Sustainability Report that reaffirmed the Company's commitment to being a leader in providing transparent environmental, social, and economic reporting. PSEG informed that the sustainability report emphasizes its focus on energy efficiency, renewable, and other clean technologies, and notes the large investments it has made to reduce emissions of traditional pollutants from its fossil-fueled plants. PSEG also stated that it has proposed a $3.9 billion, 10-year plan to harden its infrastructure and make New Jersey "Energy Strong." The Full Research Report on Public Service Enterprise Group Incorporated - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/2ac5_PEG]
Ameren Corporation Research Report
On August 9, 2013, Ameren Corporation (Ameren) announced that its Board of Directors has declared a quarterly dividend on its common stock of $0.40 per share. Ameren informed that the common share dividend will be payable on September 30, 2013, to shareholders of record as of September 11, 2013. In addition, the Board of Directors of Union Electric Company (Ameren Missouri, a subsidiary of the Company) declared regular quarterly dividends on all classes of the Company's preferred stock, which will be payable on November 15, 2013, to shareholders of record as of October 18, 2013. Also, the Board of Directors of Ameren Illinois (a subsidiary of the Company) declared regular quarterly dividends on all classes of its preferred stock, payable on November 1, 2013, to shareholders of record as of October 7, 2013. The Full Research Report on Ameren Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/ccfb_AEE]
NV Energy, Inc. Research Report
On August 13, 2013, NV Energy, Inc. (NV Energy) reported that funding in northern Nevada from the Company's Sure Bet energy efficiency program for qualifying 2013 projects is still available. In other news dated August 1, 2013, NV Energy's Board of Directors declared a cash dividend of $0.19 per share. The Company informed that the dividend is payable on September 18, 2013, to shareholders of record as of September 3, 2013. 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.analystscorner.com/r/full_research_report/8c5c_NVE]
Westar Energy, Inc. Research Report
On August 7, 2013, Westar Energy, Inc. (Westar Energy) reported its Q2 2013 financial results. The Company's total revenues amounted to $569.6 million, up 0.6% YoY. Q2 2013 earnings attributable to shareholders totaled $67.2 million, or $0.52 per diluted share, compared with $61.4 million, or $0.48 per diluted share, in Q2 2012. According to the Company, the increase in net income was driven by continuing cost control measures and higher corporate-owned life insurance proceeds in 2013. For full-year 2013, Westar Energy revised its earnings guidance from the range of $2.00 to $2.15 per share to the range of $2.05 to $2.15 per share. The Full Research Report on Westar Energy, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/0f4c_WR]
PNM Resources, Inc. Research Report
On August 2, 2013, PNM Resources, Inc. (PNM Resources) reported its Q2 2013 unaudited financial results. In Q2 2013, the Company reported GAAP net earnings of $27.7 million, or $0.34 per diluted share, compared with $21.5 million, or $0.27 per diluted share, in Q2 2012. Ongoing net earnings for Q2 2013 were $30.3 million, or $0.38 per diluted share, compared with $26.5 million, or $0.33 per diluted share, in Q2 2012. PNM Resources affirmed its financial outlook for full-year 2013, and expects full-year 2013 consolidated earnings to be in the middle of the range of $1.32 to $1.42 per diluted share. The Full Research Report on PNM Resources, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/d0a7_PNM]
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