Tag: NYSE:OKE

  • Utilities Stocks Traded Modestly Higher: Pepco Holdings (NYSE:POM), NRG Energy (NYSE:NRG), PPL Corporation (NYSE:PPL), ONEOK, Inc. (NYSE:OKE)

    Pepco Holdings Inc. (NYSE:POM), an electricity and natural gas provider in the mid-Atlantic region, was sued by a shareholder who claims the company is undervalued in a proposed $6.8 billion takeover by Exelon Corp. (EXC:US). As part of the $27.25-a-share transaction, Pepco Chief Executive Officer Joseph M. Rigby unfairly stands to collect more than $16 million and the deal carries potential breakup fees and expenses of more than $300 million, investor Natalie Gordon contends. Pepco Holdings, Inc. (NYSE:POM) shares after opening at $27.14 moved to $27.39 on last trade day and at the end of the day closed at $27.30. Company price to sales ratio in past twelve months was calculated as 1.47 and price to cash ratio as 297.48. Pepco Holdings, Inc. (NYSE:POM) showed a positive weekly performance of 19.79%.

    NRG Energy Inc. (NYSE:NRG) reported a first quarter 2014 operating loss of 18 cents per share, wider than the Zacks Consensus Estimate of 12 cents. NRG Energy Inc. (NYSE:NRG) shares advanced 1.42% in last trading session and ended the day on $34.23. NRG return on equity ratio is recorded as -7.40% and its return on assets is -2.10%. NRG Energy Inc. (NYSE:NRG) yearly performance is 25.98%.

    PPL Corporation (NYSE:PPL) is a reputed energy and utility holding company, which drives its business in the U.S. The President and CEO of the company, William H. Spence, announced the company’s unsatisfactory first quarter report on May 1, 2014. PPL Corporation (NYSE:PPL) shares moved down -0.47% in last trading session and was closed at $34.20, while trading in range of $34.00 – $34.44. PPL Corporation (NYSE:PPL) year to date (YTD) performance is 15.00%.

    ONEOK, Inc. (NYSE:OKE) reported first-quarter net income of $93.5 million or $0.45 per share, compared to $112.5 million or $0.54 per share for the year-ago quarter. ONEOK, Inc. (NYSE:OKE) weekly performance is 0.64%. On last trading day company shares ended up $63.20. ONEOK, Inc. (NYSE:OKE) distance from 50-day simple moving average (SMA50) is 6.25%. Analysts mean target price for the company is $64.62.