| 06.26.2022 |
CMS
|
Utilities & Power: Utility Spotlight: Utes bounce on yield fade; SB884 amendments; CMS and MPSC; Cali cost of capital
|
Utilities & Power |
N/A |
|
| 06.23.2022 |
ETR
|
ETR: SERI overhang addressed ... at least for MS
|
Utilities & Power |
Hold |
|
| 06.22.2022 |
CMS
|
Utilities & Power: Midweek Spotlight: SB884, CMS, PCG
|
Utilities & Power |
N/A |
|
| 06.22.2022 |
VST
|
VST: Fine-tuning for PJM capacity update
|
Utilities & Power |
Buy |
|
| 06.22.2022 |
VST
|
Utilities & Power: PJM print delivers on low expectations
|
Utilities & Power |
N/A |
|
| 06.19.2022 |
CMS
|
Utilities & Power: Utility Spotlight: Fed panic button hits utilities; PJM auction; CMS settles; undergrounding; CPUC
|
Utilities & Power |
N/A |
|
| 06.17.2022 |
ETR
|
ETR: Worth the commute to Wall Street
|
Utilities & Power |
Hold |
|
| 06.15.2022 |
NEP
|
NEP: New IDR cap offsets some yield pressure
|
Utilities & Power |
Buy |
|
| 06.15.2022 |
NEE
|
NEE: Introducing Real Zero
|
Utilities & Power |
Hold |
|
| 06.13.2022 |
EIX
|
Utilities & Power: Cali undergrounding: SB884 amendments; GRC filings
|
Utilities & Power |
N/A |
|
| 06.12.2022 |
PCG
|
PCG: Tough tape for an Investor Day
|
Utilities & Power |
Buy |
|
| 06.12.2022 |
CMS
|
Utilities & Power: Utility Spotlight: Defensive wins the week; return of the investor day curse; California policy digest
|
Utilities & Power |
N/A |
|
| 06.09.2022 |
PCG
|
PCG: Investor Day slide deck highlights; Dixie Fire report
|
Utilities & Power |
Buy |
|
| 06.05.2022 |
CMS
|
Utilities & Power: Utility Spotlight: Premium pullback; PCG Investor Day; Old Fire; undergrounding; drought watch; NEM
|
Utilities & Power |
N/A |
|
| 05.22.2022 |
CMS
|
Utilities & Power: Utility Spotlight: Premium nears 25%; PCG PD; Cali legislation; affordability; AGA meeting notes
|
Utilities & Power |
N/A |
|
| 05.19.2022 |
DUK
|
DUK: Carbon Plan opportunities and risks
|
Utilities & Power |
Hold |
|
| 05.15.2022 |
CMS
|
Utilities & Power: Utility Spotlight: More defensive gains; California undergrounding; hydrogen jurisdiction; NEM 3.0
|
Utilities & Power |
N/A |
|
| 05.12.2022 |
CEG
|
CEG: Headline beat, estimates trimmed
|
Utilities & Power |
Buy |
|
| 05.09.2022 |
EXC
|
EXC: Pure-play T&D journey begins
|
Utilities & Power |
Hold |
|
| 05.09.2022 |
DUK
|
DUK: Carbon Plan filing incoming
|
Utilities & Power |
Hold |
|
| 05.08.2022 |
CMS
|
Utilities & Power: Utility Spotlight: Relative gains resume; 1Q ROEs meet rising bond yields; AGA; PCG securitization
|
Utilities & Power |
N/A |
|
| 05.07.2022 |
NRG
|
NRG: Navigating volatility, focusing on growth
|
Utilities & Power |
Buy |
|
| 05.06.2022 |
VST
|
VST: Morgan mic drop
|
Utilities & Power |
Buy |
|
| 05.05.2022 |
SRE
|
SRE: Texas growth today ... LNG contracts tomorrow
|
Utilities & Power |
Buy |
|
| 05.04.2022 |
PEG
|
PEG: Seasonal shift drives 1Q beat; Sept. update planned
|
Utilities & Power |
Buy |
|
| 05.04.2022 |
EIX
|
EIX: Another dose of legacy medicine
|
Utilities & Power |
Buy |
|
| 05.03.2022 |
CMS
|
CMS: Strong start to 2022; LT plan update still a way off
|
Utilities & Power |
Hold |
|
| 05.01.2022 |
CMS
|
Utilities & Power: Utility Spotlight: Big week for deep value; Governors change the script; out-year power pressured
|
Utilities & Power |
N/A |
|
| 04.28.2022 |
DTE
|
DTE: Low quality beat, high quality problem
|
Utilities & Power |
Hold |
|
| 04.28.2022 |
PCG
|
PCG: Communication restored
|
Utilities & Power |
Buy |
|
| 04.27.2022 |
ETR
|
ETR: Saving the punchlines for June
|
Utilities & Power |
Hold |
|
| 04.27.2022 |
EIX
|
Utilities & Power: California undergrounding bill amendments
|
Utilities & Power |
N/A |
|
| 04.26.2022 |
CEG
|
Utilities & Power: Merchant preview and commodity mark; raising estimates and targets for CEG, VST
|
Utilities & Power |
N/A |
|
| 04.24.2022 |
CMS
|
Utilities & Power: Utility Spotlight: Defensive bid trumps renewable wobbles; Cali undergrounding; 2023 cost of capital
|
Utilities & Power |
N/A |
|
| 04.21.2022 |
NEP
|
NEP: Distribution growth on track
|
Utilities & Power |
Buy |
|
| 04.21.2022 |
NEE
|
NEE: Solar uncertainty outweighs solid 1Q print
|
Utilities & Power |
Hold |
|
| 04.20.2022 |
CMS
|
CMS: Settlement tees up accelerated coal exit
|
Utilities & Power |
Hold |
|
| 04.20.2022 |
CMS
|
Utilities & Power: First quarter preview and value mark
|
Utilities & Power |
N/A |
|
| 04.12.2022 |
PCG
|
PCG: Progress made on legacy legal risk
|
Utilities & Power |
Buy |
|
| 04.10.2022 |
CMS
|
Utilities & Power: Utility Spotlight: Uncharted territory; PCG Kincade update pending; CEG 3-peat; what about PEG?
|
Utilities & Power |
N/A |
|
| 04.08.2022 |
CMS
|
Utilities & Power: AGA Financial Forum 2022: VRP Meeting List
|
Utilities & Power |
N/A |
|
| 03.27.2022 |
CMS
|
Utilities & Power: Utility Spotlight: Dividend yields flash red; two Cali undergrounding bills; DC committee watch
|
Utilities & Power |
N/A |
|
| 03.20.2022 |
CMS
|
Utilities & Power: Utility Spotlight: Fifth weekly win elusive; Cali NEM update; PCG TO18 decision; CMS IRP and rehearing
|
Utilities & Power |
N/A |
|
| 03.17.2022 |
CEG
|
Utilities & Power: Senate Energy Committee talks nuclear
|
Utilities & Power |
N/A |
|
| 03.13.2022 |
CMS
|
Utilities & Power: Utility Spotlight: Winning streak continues; ISO-NE capacity auction; PCG GRC; CPUC preview; DUK
|
Utilities & Power |
N/A |
|
| 03.11.2022 |
PEG
|
PEG: New and simpler PEG
|
Utilities & Power |
Buy |
|
| 03.09.2022 |
CMS
|
CMS: Fireside chat with Brian Rich; thoughts on IRP PFD
|
Utilities & Power |
Hold |
|
| 03.08.2022 |
IR
|
EE/MI: Takeaways from Energy Efficiency and Climate Solutions Day
|
Utilities & Power |
N/A |
|
| 03.06.2022 |
CMS
|
Utilities & Power: Utility Spotlight: Defensive bid; CEG dusts off back-door energy play; CMS and EE day; PCG pressured
|
Utilities & Power |
N/A |
|
| 03.04.2022 |
CEG
|
CEG: Nuke powerhouse starts on debt reduction; fuel in focus
|
Utilities & Power |
Buy |
|
| 03.03.2022 |
EXC
|
EXC: Closing out the ExGen era
|
Utilities & Power |
Hold |
|
| 03.01.2022 |
SRE
|
SRE: Utility growth with a side of energy
|
Utilities & Power |
Buy |
|
| 02.27.2022 |
CMS
|
Utilities & Power: Utility Spotlight: Navigating volatility; PCG WMP and GRC update; EXC and CEG report; NRC license blues
|
Utilities & Power |
N/A |
|
| 02.26.2022 |
VST
|
VST: Cash machine back in service
|
Utilities & Power |
Buy |
|
| 02.25.2022 |
EIX
|
EIX: Ongoing risk reduction underpins value case
|
Utilities & Power |
Buy |
|
| 02.24.2022 |
PEG
|
PEG: Not much new but premium pathway intact
|
Utilities & Power |
Buy |
|
| 02.24.2022 |
NRG
|
NRG: Executing against a volatile backdrop
|
Utilities & Power |
Buy |
|
| 02.23.2022 |
ETR
|
ETR: Outlook affirmed, securitization approved
|
Utilities & Power |
Hold |
|
| 02.20.2022 |
CMS
|
Utilities & Power: Utility Spotlight: Holding the line; ETR settles; SRE hydrogen; CPUC preview; PCG securitization win
|
Utilities & Power |
N/A |
|
| 02.18.2022 |
PCG
|
PCG: Growth rate clarified ... now back to risk reduction
|
Utilities & Power |
Buy |
|
| 02.14.2022 |
DUK
|
DUK: Higher growth horizon extended
|
Utilities & Power |
Hold |
|
| 02.13.2022 |
CMS
|
Utilities & Power: Utility Spotlight: Curve flattening and growth jitters;Cali and FL NEM; CCM status; PCG coming to NYC
|
Utilities & Power |
N/A |
|
| 02.11.2022 |
DTE
|
DTE: More to come on that ...
|
Utilities & Power |
Hold |
|
| 02.11.2022 |
PCG
|
PCG: Communication breakdown
|
Utilities & Power |
Buy |
|
| 02.09.2022 |
EIX
|
Utilities & Power: Mid-week Spotlight: CPUC meeting preview; NEM; SRE storage; SoCalGas and Cost of Capital
|
Utilities & Power |
N/A |
|
| 02.06.2022 |
CMS
|
Utilities & Power: Utility Spotlight: Volatile laggard week; PCG stock sale; Cali NEM Time Out called; ERCOT lights stay on
|
Utilities & Power |
N/A |
|
| 02.03.2022 |
CMS
|
CMS: Back on the compounding track
|
Utilities & Power |
Hold |
|
| 02.02.2022 |
EXC
|
EXC: Strategic mission accomplished; downgrade to Hold
|
Utilities & Power |
Hold |
|
| 02.01.2022 |
CEG
|
CEG: Low carbon power leader breaks loose
|
Utilities & Power |
Buy |
|
| 01.31.2022 |
PCG
|
PCG: Re-certified!
|
Utilities & Power |
Buy |
|
| 01.30.2022 |
CMS
|
Utilities & Power: Utility Spotlight: NEE reflections; Cali NEM; DUK
|
Utilities & Power |
N/A |
|
| 01.26.2022 |
NEP
|
NEP: Confirming 2022 growth step-up
|
Utilities & Power |
Buy |
|
| 01.26.2022 |
NEE
|
NEE: Unexpected end of the Robo era
|
Utilities & Power |
Hold |
|
| 01.23.2022 |
CMS
|
Utilities & Power: Utility Spotlight: Best relative week since peak COVID; EXC when-issued; CPUC; Alsup signs off (loudly)
|
Utilities & Power |
N/A |
|
| 01.21.2022 |
CMS
|
Utilities & Power: Fourth quarter preview and earnings tune-up
|
Utilities & Power |
N/A |
|
| 01.18.2022 |
AIR-FR
|
Vertical Research Partners Top Picks - 2022 Update
|
Utilities & Power |
N/A |
|
| 01.17.2022 |
CMS
|
Utilities & Power: Utility Spotlight: Alpha Matrix; CPUC handover; NEM battle heats up; PCG leads; NEE pressures group
|
Utilities & Power |
N/A |
|
| 01.13.2022 |
EXC
|
EXC: Utility upside tempered by ExGen cash shortfall; estimates moved to pro-forma basis; PT up to $63
|
Utilities & Power |
Buy |
|
| 01.10.2022 |
EXC
|
EXC: Carbon free power leader ready to launch
|
Utilities & Power |
Buy |
|
| 01.10.2022 |
EXC
|
EXC: Exelon outlook constructive; Constellation pending
|
Utilities & Power |
Buy |
|
| 01.09.2022 |
CMS
|
Utilities & Power: 2022 Outlook: Don't fear the Fed ... but do watch the PMI; stepping back from ETR; adding SRE
|
Utilities & Power |
N/A |
|
| 01.06.2022 |
PCG
|
PCG: U.S. declines to seek probation extension
|
Utilities & Power |
Buy |
|
| 01.03.2022 |
PCG
|
PCG: Probation wrapping up ... or maybe not
|
Utilities & Power |
Buy |
|
| 12.22.2021 |
SRE
|
SRE: New SIP investor, new price, same strategic play
|
Utilities & Power |
Hold |
|
| 12.19.2021 |
CMS
|
Utilities & Power: Utility Spotlight: Build Back Later shrugged off; ERCOT market reforms; PCG probation; DUK IRPs
|
Utilities & Power |
N/A |
|
| 12.17.2021 |
EIX
|
Utilities & Power: CPUC Post-Game: NEM pushback and agenda votes as expected; Randolph and Aguilar also moving on
|
Utilities & Power |
N/A |
|
| 12.15.2021 |
PCG
|
Utilities & Power: CPUC prepares to wrap up 2021 business; revised versions of several agenda items posted
|
Utilities & Power |
N/A |
|
| 12.12.2021 |
CMS
|
Utilities & Power: Utility Spotlight: Value rebounds; EXC on deck in NY; Form 10 filed; another CPUC change; safety certs; EIX
|
Utilities & Power |
N/A |
|
| 12.07.2021 |
EIX
|
Utilities & Power: CPUC agenda highlights: EIX storage; cost of capital; WMP rulemaking; EIX 2017/2018 settlement
|
Utilities & Power |
N/A |
|
| 12.06.2021 |
NRG
|
NRG: Buyback news helps put 2021 in the rearview
|
Utilities & Power |
Buy |
|
| 12.05.2021 |
CMS
|
Utilities & Power: Utility Spotlight: Risk-off drives utility bid; Texas market reform; DUK delay; PCG; Cali cost of capital
|
Utilities & Power |
N/A |
|
| 12.02.2021 |
EIX
|
Utilities & Power: CPUC adopts PCG Kincade settlement, punts on EIX
|
Utilities & Power |
N/A |
|
| 11.22.2021 |
EIX
|
Utilities & Power: Newsom CPUC pick signals continuity; agenda highlights
|
Utilities & Power |
N/A |
|
| 11.21.2021 |
CMS
|
Utilities & Power: Utility Spotlight: Slide stemmed; EXC waits on NY; DUK Indiana preview; PCG news flow; NEP buyout
|
Utilities & Power |
N/A |
|
| 11.14.2021 |
CMS
|
Utilities & Power: Utility Spotlight: Inflation pressures mount; DC in focus; PCG certificate filing, self-assessment pending
|
Utilities & Power |
N/A |
|
| 11.10.2021 |
EIX
|
Utilities & Power: Cali cost of capital: Constructive memo account PD
|
Utilities & Power |
N/A |
|
| 11.06.2021 |
SRE
|
SRE: Oncor growth plans raised (again)
|
Utilities & Power |
Hold |
|
| 11.05.2021 |
VST
|
VST: Capital light, cash flow heavy
|
Utilities & Power |
Buy |
|
| 11.04.2021 |
NRG
|
NRG: Supply chain setback
|
Utilities & Power |
Buy |
|
| 11.04.2021 |
DUK
|
DUK: Firming up the outlook
|
Utilities & Power |
Hold |
|
