Data by Industry within the Utilities Sector
|
|
Marketcap |
Revenues (TTM) |
Net Income (TTM) |
Employees |
Industry |
(Millions) |
(Millions) |
(Millions) |
Number |
Electric Utilities Industry |
$ 1,275,412 |
$ 556,032 |
$ 64,937 |
471,075 |
Natural Gas Utilities Industry |
$ 834,756 |
$ 586,823 |
$ 46,960 |
157,134 |
Water Supply Industry |
$ 43,243 |
$ 14,181 |
$ 3,010 |
25,562 |
Total Utilities Sector |
$ 2,153,411 |
$ 1,157,035 |
$ 114,907 |
653,771 |
Recent News from Utilities Sector |
Announcement
In an increasingly complex landscape for shareholders, Edison International (NYSE: EIX) finds itself at the center of scrutiny as investigators from the Rosen Law Firm delve into potential securities claims tied to allegations of materially misleading business information. Since the beginning of this year, the global investor rights law firm has urged aff...
|
|
Business Update
In a bold move to prioritize clean water and environmental sustainability, the American Water Charitable Foundation has announced the launch of its 2025 Water and Environment Grant Program. As a 501(c)(3) organization established by American Water (NYSE: AWK), the nation?s largest regulated water and wastewater utility, this initiative aims to forge partn...
|
|
Announcement
In a recent development that has captured the attention of the financial community, Edison International (NYSE: EIX) finds itself at the heart of a significant legal investigation initiated by Rosen Law Firm, a distinguished global investor rights law firm. The firm has announced its ongoing scrutiny into potential securities claims on behalf of sharehold...
|
|
Product Service News
In a significant move poised to enhance its operational footprint in the Northeast, Unitil Corporation (NYSE:UTL) announced the completion of its acquisition of Bangor Natural Gas Company. This strategic purchase, finalized on January 31, 2025, marks a pivotal moment for Unitil, a company recognized for its commitment to energy efficiency and customer ser...
|
|
Merger and Acquisition
Hampton, N.H. ? Unitil Corporation Completes Strategic Acquisition of Bangor Natural Gas Company Fueling Growth and InnovationOn January 31, 2025, Unitil Corporation (NYSE: UTL), a pivotal player in the electric utilities sector, announced a significant new chapter in its growth trajectory following the completion of its acquisition of Bangor Natural Gas ...
|
|
Product Service News
Ocean Power Technologies Secures $2 Million in Purchase Orders for PowerBuoys in Latin America In a significant stride toward expanding its global footprint, Ocean Power Technologies (OPT) has announced the securing of purchase orders totaling $2 million for its innovative PowerBuoys in Latin America. This strategic accomplishment highlights OPT s commitm...
|
|
Dividend
In a demonstration of strategic foresight and consistent financial health, Global Water Resources, Inc. (NASDAQ: GWRS), a prominent water resource management company, recently announced the declaration of a monthly cash dividend of $0.02533 per common share. This announcement, made on January 31, 2025, reflects an annualized dividend rate of $0.30396 per ...
|
|
Dividend
Unitil Corporation Increases Dividend Amid Market Struggles: A Sign of Resilience or Caution?In a recent press release from Unitil Corporation, the energy utility company announced an increase in its common stock dividend, now set at $0.45 per share, an increment of $0.025 per share. This new quarterly dividend raises the company s annualized dividend to ...
|
|
Dividend
In a resounding affirmation of its robust financial health, the California Water Service Group (NYSE: CWT) announced on January 29, 2025, its 320th consecutive quarterly dividend declaration. The Board of Directors not only maintained its consistent dividend payout tradition, but also introduced a strategic one-time special dividend, reinforcing the compa...
|
|
Merger and Acquisition
Enlight Renewable Energy?s Strategic Expansion: Harel and Amitim Acquire Significant Stake in Solar Generation and Storage ProjectIn a significant move towards bolstering its portfolio in the renewable energy domain, Enlight Renewable Energy Ltd (NASDAQ: ENLT) recently announced a strategic transaction valued at $114 million for a cluster of its projects...
|
|
Management Announcement
In a significant development for the energy sector, Talen Energy Corporation has reached a Reliability Must Run (RMR) Settlement Agreement concerning its Brandon Shores and H.A. Wagner Power Plants. This agreement, forged with multiple stakeholders, is poised to ensure the continued operation of these critical facilities, thus safeguarding reliable electr...
|
|
Announcement
Edison International Faces Investor Backlash While Outpacing Competitors: A Dual Narrative of Growth and Legal Scrutiny In a turbulent era for the energy sector, Edison International (NYSE: EIX) has emerged as a beacon of growth, announcing a remarkable revenue increase in the third quarter of 2024 by 10.61% year-over-year. This figure starkly contrasts w...
|
|
Business Update
Innovating Solar Energy: Heliogen s Capella Project Sets New Benchmark in Concentrated Solar Technology In a notable advancement for renewable energy, Heliogen Inc. (OTCQX: HLGN), a prominent innovator in concentrated solar technology, has successfully concluded the Capella demonstration project in Pasadena, California. Jointly funded by Woodside Energy (...
|
|
Announcement
In a year marked by significant operational improvements and community investment, DTE Energy is demonstrating its commitment to enhancing both its service reliability and social responsibility. Key developments throughout 2024 highlight how strategic decisions and investments have positively impacted customers and the broader Michigan community. Enhanced...
|
|
Business Update
In a notable stride towards environmental sustainability, New Jersey Resources (NJR) has pledged $50,000 to launch Rutgers University?s inaugural Vibrant Communities Sustainability and Resiliency Project. This partnership is part of a broader commitment by NJR, the parent company of New Jersey Natural Gas (NJNG), under its Coastal Climate Initiative (CCI)...
|
|
Business Update
American States Water Company Navigates Regulatory Waters with Strategic Deferrals and Settlements In the ever-fluctuating world of utilities, foresight and adaptability often mark the difference between smooth sailing and turbulent waters. American States Water Company (NYSE:AWR), through its wholly-owned subsidiary Golden State Water Company (GSWC), is ...
|
|
Business Update
Revolutionizing Data Center Energy: Oklo and RPower s Dual-Phased Power Model With the ever-growing thirst for data and the exponential rise in cloud computing, data centers are at the crux of this digital revolution. The world now demands an infinite appetite for data, yet there lies a monumental challenge in ensuring these centers have reliable, clean, ...
|
|
Business Update
In an ambitious move towards enhancing energy resilience for data centers, Oklo Inc. (NYSE: OKLO), a pioneer in advanced nuclear technology and fuel recycling, has joined forces with RPower, a prominent provider of both onsite prime and backup power solutions. The two companies announced the signing of a memorandum of understanding that outlines a phased ...
|
|
Management Announcement
SJW Group Delays Cost of Capital Filing Amid Mixed Financial Performance and Strategic SettlementsIn a significant strategic shift, SJW Group (NYSE: SJW) has announced a deferral of the San Jose Water Company s cost of capital filing, now scheduled for May 1, 2026. This move comes as the company navigates complex financial landscapes and regulatory challe...
|
|
Business Update
New York and Constellation Team Up to Champion Advanced Nuclear Energy FundingIn an ambitious step toward clean energy innovation, New York State is teaming up with Constellation Energy, the nation s largest producer of clean energy, to pursue funding from the U.S. Department of Energy (DOE) aimed at advancing nuclear power projects. This collaborative e...
|
|
Product Service News
RAPID CITY, S.D., January 15, 2025 Black Hills Corp. (NYSE: BKH) has achieved a significant milestone in its ongoing efforts to enhance energy infrastructure in the region. The company announced today the successful launch of the first phase of its Ready Wyoming electric transmission expansion project. This initial 12-mile segment and its supporting su...
|
|
Business Update
In a significant development in the water treatment sector, American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the United States, has entered into a nine-year exclusive supply contract with Calgon Carbon Corporation, a subsidiary of Kuraray Co., Ltd. This agreement focuses on the provision of granular activated carbo...
|
|
Management Announcement
In a significant development for California s utility sector, the California Public Utilities Commission (CPUC) has granted the California Water Service (Cal Water) and three other utility companies a much-anticipated extension, postponing their applications for Cost of Capital from May 1, 2025, to May 1, 2026. This decision underscores the CPUC s recogni...
|
|
Stock Market Announcement
In-Depth Analysis: Talen Energy?s Recent Moves and Their Implications for ShareholdersHOUSTON, Jan. 13, 2025 - Talen Energy Corporation (NASDAQ: TLN) recently announced a significant milestone in its financial strategy. The company?s wholly owned subsidiary, Talen Energy Supply, LLC, has acquired the necessary consents from holders of its 8.625% Senior Se...
|
|
Merger and Acquisition
Plains All American Pipeline Moves Forward with $1 Billion Senior Notes Offering Amid Promising Growth TrajectoryHOUSTON, Jan. 13, 2025 ? In a strategic move indicative of its unwavering commitment to growth and financial stability, Plains All American Pipeline, L.P. (Nasdaq: PAA) unveiled its plans to raise $1 billion through an underwritten public offer...
|
|
Stock Market Announcement
Plains All American Pipeline and Plains GP Holdings Announce Q4 2024 Distributions and Earnings Release Timeline Reflecting Ongoing Growth HOUSTON, January 7, 2025 Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) made a significant announcement today regarding their quarterly distributions for the fourth quarter of...
|
|
Dividend
Plains All American Pipeline and Plains GP Holdings Embark on Strategic Growth Through Strategic Acquisitions and Enhanced Shareholder ValueIn a definitive strategic move, Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP), collectively known as Plains, have announced on January 7, 2025, their decision to undertake thr...
|
|
Management Changes
California Water Service Group Strengthens Commitment to Community and Sustainability with Leadership Promotion and Significant GrantsIn a decisive move that underscores its dedication to community safety and sustainable practices, California Water Service Group (Cal Water) has appointed Kenneth G. Jenkins as Vice President of Water Resources Planning an...
|
|
Business Update
Camden, N.J. As the New Year unfolds, American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the United States, is encouraging both customers and the wider public to start the year on a conscientious note with resolutions aimed at conserving water and saving money.In a recent statement, the company highlighted the con...
|
|
Business Update
In a significant move demonstrating its commitment to renewable energy growth, OPAL Fuels Inc. (Nasdaq: OPAL), a leader in the production and supply of renewable natural gas (RNG), has officially signed a long-term agreement valued at $60 million with a prominent provider of integrated logistics solutions. This strategic partnership will see the supply of...
|
|
|
|
|
|