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ES News and Press, Eversource Energy From 05/25/23

Stock Information

Company Name: Eversource Energy
Stock Symbol: ES
Market: NYSE
Website: eversource.com

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ES - Eversource Energy to sell stake in offshore wind lease area for $625M

2023-05-25 16:52:35 ET Eversource Energy ( NYSE: ES ) said Thursday it agreed to sell its 50% interest in a currently uncommitted wind development lease area of ~175K acres off the Massachusetts coast to Ørsted ( OTCPK:DNNGY ) for $625M in cash; Ørsted currently ow...

ES - Eversource Energy Announces Agreement to Sell Interest in Uncommitted Offshore Lease Area

Eversource Energy (NYSE: ES) today announced that it has completed its strategic review of its 50 percent ownership interest in one of North America’s most attractive offshore wind development sites. As a result of completing this review, Eversource announces the following updates: E...

ES - Evergy: A Recession-Resistant Investment To Pick Up In A Market Correction

2023-05-24 17:33:28 ET Summary Evergy, Inc. is an electric utility that serves some of the largest cities in Kansas and Missouri. Evergy should enjoy a strong customer base and stable cash flows in a challenging economic environment. The company is positioned to deliver an ave...

ES - NorthWestern Corporation: Positive Demographics And Attractive Valuation

2023-05-23 14:23:21 ET Summary NorthWestern Corporation enjoys remarkably stable cash flows regardless of economic conditions, which could be good as the economy heads into a recession. The company is benefiting from positive demographics, as Montana is one of the fastest-growing ...

ES - WEC Energy Group: Adversely Impacted By Warm Weather But Still A Good Utility

2023-05-22 05:28:38 ET Summary WEC Energy Group is a regulated utility serving four states in the northern Heartland, including the city of Chicago. The company's natural gas operations were adversely impacted by a warmer-than-normal winter, but its overall stability remains intac...

ES - Otter Tail: Positioned For Any Economy And Has An Attractive Valuation

2023-05-18 18:10:23 ET Summary Otter Tail Corporation is unique in that it owns a manufacturing business that accounts for a significant amount of its income. The company's electric utility provides a baseline level of cash flow regardless of economic conditions. Otter Tail sh...

ES - Dividend Champion, Contender, And Challenger Highlights: Week Of May 14

2023-05-13 23:33:17 ET Summary A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. For furthe...

ES - ES, SFWL and MOBQ among mid-day movers

2023-05-09 13:22:40 ET Gainers: TScan Therapeutics ( TCRX ) +124% . Shengfeng Development Limited ( SFWL ) +102% . Mobiquity Technologies ( MOBQ ) +68% . ClearOne ( CLRO ) +62% . U.S. GoldMining ( USGOW ) +57% . Novavax ( N...

ES - Eversource: Concerned About Regulatory Environment

2023-05-06 08:07:24 ET Summary While earnings and dividend growth appear attractive, the 8th largest US-based utility by market cap is being battered by numerous gale-force winds, leaving it financially faltering. Offshore wind farm development is becoming an albatross and a growi...

ES - Eversource Energy (ES) Q1 2023 Earnings Call Transcript

2023-05-04 14:04:11 ET Eversource Energy (ES) Q1 2023 Earnings Conference Call May 4, 2023, 9:00 p.m. ET Company Participants Joe Nolan - Chairman, President & CEO John Moreira - EVP & CFO Jay Buth - VP & Controller Bob Becker - Director, IR J...

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