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Edison International (EIX) |
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Price: $66.5900
$-0.09 
-0.135%
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| Day's High:
| $66.61
| Week Perf:
| 1.46 %
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| Day's Low: |
$ 66.19 |
30 Day Perf: |
-7.09 % |
| Volume (M): |
38 |
52 Wk High: |
$ 74.92 |
| Volume (M$): |
$ 2,505 |
52 Wk Avg: |
$65.98 |
| Open: |
$67.31 |
52 Wk Low: |
$54.45 |
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| Market Capitalization (Millions $) |
25,571 |
| Shares
Outstanding (Millions) |
384 |
| Employees |
13,003 |
| Revenues (TTM) (Millions $) |
17,218 |
| Net Income (TTM) (Millions $) |
1,053 |
| Cash Flow (TTM) (Millions $) |
81 |
| Capital Exp. (TTM) (Millions $) |
117 |
Edison International
Edison International was incorporated on April 20, 1987, under the laws of the
State of California for the purpose of becoming the parent holding company of
SCE, a California public utility corporation, and of other subsidiaries engaged
in nonutility businesses (Nonutility Companies).'SCE comprises the largest portion
of the assets and revenue of Edison International.'The principal Nonutility Companies
are:'EME, which is engaged in owning or leasing and operating electric power generation
facilities worldwide and in energy trading and price risk management activities;
MEHC, which holds the common stock of EME; and Edison Capital, which has investments
in energy and infrastructure projects worldwide and in affordable housing projects
located throughout the United States.
Edison International has three business segments for financial reporting purposes:'
an electric utility segment (SCE), a nonutility power generation segment (EME),
and a financial services provider segment (Edison Capital).
Competition of SCE
Because SCE is an electric utility company operating within a defined service
territory pursuant to authority from the CPUC, SCE faces competition only to
the extent that federal and California laws permit other entities to provide
electricity and related services to customers within SCEs service territory.'
California law currently provides only limited opportunities for customers to
choose to purchase power directly from an energy service provider other than
SCE.'SCE also faces some competition from cities that create municipal utilities
or community choice aggregators.'In addition, customers may install their own
on-site power generation facilities.
Competition with SCE is conducted mainly on the basis of price as customers
seek the lowest cost power available.'
Competition and Market Conditions of EME
Until the enactment of the Public Utility Regulatory Policies Act of 1978,
utilities and government-owned power agencies were the only producers of bulk
electric power intended for sale to third parties in the United States. The
Public Utility Regulatory Policies Act encouraged the development of independent
power by removing regulatory constraints relating to the production and sale
of electric energy by certain non-utilities and requiring electric utilities
to buy electricity from specified types of non-utility power producers, known
as qualifying
facilities, under specified conditions.
Company Address: 2244 Walnut Grove Avenue Rosemead, 91770 CA
Company Phone Number: 302-2222 Stock Exchange / Ticker: NYSE EIX
| EIX is expected to report next financial results on July 27, 2023. |
Next quarterly dividend pay out on August 01, 2023. |
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Customers Net Income grew by |
EIX's Customers Net Profit Margin grew to |
233.92 % |
18.7 %
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| Stock Performances by Major Competitors |
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Energy Co Of Minas Gerais
the Electric Utilities company reached break-even on moderate Revenue advance of 2.428 % to $6.55 billion in the fourth quarter of 2022 financial report from the corresponding financial reporting period a year prior.
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Oceantech Acquisitions I Corp
Oceantech Acquisitions I Corp, a company operating in the Utilities sector, has announced its financial results for the first quarter of 2023. The company has achieved a return on average invested assets (ROI) of 8.16%, which is significantly above the company's average return on investment of -2.67%. This is positive news for the company, especially given that the net income has deteriorated.
When compared to the third quarter of 2021, Oceantech Acquisitions I Corp has improved its ROI. However, within the Utilities sector, there were 12 other companies that had a higher return on investment. The company's total ranking for return on investment has also deteriorated when compared to the third quarter of 2021, dropping to 773.
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Altus Power Inc
As a finance journalist, it is my job to closely analyze and interpret the financial results of companies to provide an unbiased view of their performance. In this article, I will be discussing the financial results for Altus Power Inc, a company focused on renewable energy projects in the United States.
During the 12 month period ending in the first quarter of 2023, Altus Power Inc recorded a cumulative net loss of $-4 million. This is concerning as it indicates that the company's expenses outweigh its revenues. However, it is important to note that the energy industry is highly competitive, and such losses are not uncommon.
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Cleco Corporate Holdings Llc
For the January to March 31 2023 interval Cleco Corporate Holdings Llc reached 0 of $0.00 per share compare to $0.00 a year prior and from $0.00 per share from the prior reporting season. The revenue receded in double digits by -15.358 % to $320.58 million from $378.75 million in the corresponding reporting season a year prior and sequentially revenue fell by -28.63 % from $449.18 million.
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Ormat Technologies Inc
Ormat Technologies Inc, an American renewable energy company, has reported an increase in revenue during the first quarter of 2023. The company's revenue increased by 0.83% year on year to a cumulative value of $736 million. Furthermore, Ormat Technologies Inc's revenue per employee grew on a trailing twelve-month basis to $525,486.
The company's productivity was also noteworthy, with employees achieving a 2.3309607617153E-7% increase above the company average. Ormat Technologies Inc has 1,400 employees, and while they have achieved higher revenue per employee than many of their peers in the Utilities sector, 73 other companies have achieved even higher figures.
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| Per Share |
Current |
| Earnings (TTM) |
2.18 $ |
| Revenues (TTM) |
44.84 $
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| Cash Flow (TTM) |
0.21 $ |
| Cash |
2.18 $
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| Book Value |
45.7 $
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| Dividend (TTM) |
2.32 $ |
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| Per Share |
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| Earnings (TTM) |
2.18 $
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| Revenues (TTM) |
44.84 $ |
| Cash Flow (TTM) |
0.21 $ |
| Cash |
2.18 $
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| Book Value |
45.7 $ |
| Dividend (TTM) |
2.32 $ |
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0.3% 