The U.S. Geothermal Inc. (NYSEMKT:HTM) on Mar. 10 announced that Oregon USG Holdings LLC has made its first distribution of profits from the Neal Hot Springs project. Oregon USG Holdings is owned 60% by U.S. Geothermal and 40% by a subsidiary of Enbridge Inc. Under the terms of the U.S. Department of Energy loan agreement, profits are distributed to the equity partners semi-annually (February and August) following Final Completion, which was achieved on August 1, 2013. U.S. Geothermal’s share of this first distribution is $4.6 million, out of a total distribution to the partners of $7.7 million, which represents profits generated from the project since initial operation began in November 2012. U.S. Geothermal Inc. (NYSEMKT:HTM) shares after opening at $0.87 moved to $0.98 on last trade day and at the end of the day closed at $0.950. Company price to sales ratio in past twelve months was calculated as 3.79. U.S. Geothermal Inc. (NYSEMKT:HTM) showed a positive weekly performance of 30.14%.
The Edison International (NYSE:EIX) also recently declared a quarterly dividend, which is scheduled for Wednesday, April 30th. Stockholders of record on Monday, March 31st will be given a dividend of $0.355 per share. This represents a $1.42 dividend on an annualized basis and a yield of 2.64%. The ex-dividend date of this dividend is Thursday, March 27th.Edison International (NYSE:EIX) shares advanced 0.78% in last trading session and ended the day on $54.29.EIXreturn on equity ratio is recorded as 12.30% and its return on assets is 2.60%. Edison International (NYSE:EIX) yearly performance is 10.86%.
Zacks downgraded shares of Portland General Electric Company (NYSE:POR) from an outperform rating to a neutral rating in a report issued on Friday, American Banking & Market News reports. They currently have $35.30 target price on the stock.Portland. General Electric Company (NYSE:POR) shares moved down -1.08% in last trading session and was closed at $31.98, while trading in range of $31.97-$32.57.Portland General Electric Company (NYSE:POR) year to date performance is 6.81%.
Middlesex Water Company (NASDAQ:MSEX) , a leading provider of water, wastewater and related services primarily in New Jersey and Delaware has announced that Dennis W. Doll, Chairman, President and Chief Executive Officer of Middlesex Water Company, will join with CEOs of Connecticut Water Service, Inc., The York Water Company and Artesian Resources Corporation and various company and industry representatives in ringing The NASDAQ Stock Market Closing Bell on Thursday, March 21 at 4:00 p.m. ET. Middlesex Water Company (NASDAQ:MSEX) weekly performance is 399%. On last trading day company shares ended up $21.89. Middlesex Water Company (NASDAQ:MSEX) distance from 50-day simple moving average is 5.58%. Analysts mean target price for the company is $23.50.