Top Electric Utilities: Lower Fuel Prices Higher Stock Prices?

One of the major expenses of electric utility stocks is the cost of fuel to run the generators.  When fuel prices drop, assuming utilities are not lock in to long term agreements, earnings can increase. The price of oil is now at its lowest point since the beginning of December. Natural gas has been in a fairly low range since 2009.

Investors want alternatives to low interest bonds and bank accounts. Electric utility stocks are an alternative which can provide income and price growth potential. 

Buying opportunities abound for income investors for income. There are many of electric utilities to choose from with over over a dozen providing yields of 4% or more, according to WallStreetNewsNetwork.com.

TECO Energy, Inc. (TE) uses oil, natural gas, and coal to run their generators, along with a  a small cogeneration facility. The stock pays a yield of 5.1%. This electric and gas utility holding company provides electricity to West Central Florida. The stock trades at 18 times trailing earnings and 15.5 times forward earnings. The company has raised its dividend every year since 2006.

Black Hills Corporation (BKH) provides electricity to customers in South Dakota, Wyoming, Colorado, and Montana. It trades at 18.7 times earnings with a forward P/E of  20.9. The stock pays a yield of 2.8%.

Integrys Energy Group, Inc. (TEG) serves the Wisconsin, Michigan, and Chicago areas. It has a P/E ratio of 14.8, a forward P/E ratio of 14.7, and offers a very generous yield of 5%.

To see a list of dozens of high yield electric utilities, go to WallStreetNewsNetwork.com.  The list has the PE. the forward PE, the PEG, and the yield for these stocks.

Disclosure: Author didn't own any of the above at the time the article was written.

By Stockerblog.com

3 Top Yielding Electric Utility Stocks

Investors looking for income and capital appreciation potential for the long term may want to consider electric utility stocks. If you look at the Dow Jones Utility Average over the last twelve months, you would see that utility stocks have dropped by 1.28%, partially due to fears of rising interest rates, partially due to the concern about competition from solar roof panels, and partially due to the fears about the reduction in electrical usage from fluorescent and LED light bulbs.

This may be a buying opportunity for contrarian income investors looking to get into  utilities. There are dozens of electric utilities to choose from with over 20 providing yields of 4% or more, according to WallStreetNewsNetwork.com.

For example, TECO Energy, Inc. (TE) sports a yield of 5.3%. This electric and gas utility holding company provides electricity to West Central Florida. The stock trades at 20 times trailing earnings and 15.4 times forward earnings.The company has raised its dividend every year since 2006.

Integrys Energy Group, Inc. (TEG) serves the Wisconsin, Michigan, and Chicago areas. It has a P/E ratio of 14.3, a forward P/E ratio of 15.7, and offers a generous yield of 4.9%.

Black Hills Corporation (BKH) provides electricity to customers in South Dakota, Wyoming, Colorado, and Montana. It trades at 15.5 times earnings with a forward P/E of  19.7. The stock pays a yield of 3.1.

To see a list of dozens of high yield electric utilities, go to WallStreetNewsNetwork.com.  The list has the PE. the forward PE, the PEG, and the yield for these stocks.

Disclosure: Author didn't own any of the above at the time the article was written.

By Stockerblog.com

Utility Stocks are On the Move

Did you know that utility stocks are up 7.7% for the last three months, based on the Dow Jones Utility Average? Not bad for income producing investments. Electric utilities are often considered a conservative play on the recession recovery. Businesses expand, use more electricity. New housing developments create new power customers.

And of course the best feature for income investors, is of course the income. There are over 20 high yield electric utilities with dividend payout rates of 4% or more, according to WallStreetNewsNetwork.com. As an example, Integrys Energy Group (TEG) an energy holding company, markets natural gas and electricity to customers in Chicago, Wisconsin, Minnesota, and Michigan. The company posted a 78% increase in quarterly earnings on flat revenues. The stock has a forward price to earnings ratio of 16 and a yield of 4.8%. The company reports earnings on February 28.

Southern Company (SO) is another high yielder based in Atlanta, Georgia. Earnings were up 46.7% for the latest quarter, on a 0.2% rise in revenues. The stock trades at 15 times forward earnings, and pay a generous yield of 4.4%.

TECO Energy (TE) provides electric energy to the growing economy of Florida. The stock pays a generous yield of 5.2%, with payments made quarterly. Unfortunately, earnings for the latest quarter were down 15% on an 8% drop in revenues.

For a free list of high yield electric utilities, that hows stock ticker symbols, price to earnings ratios, and yields, go to WallStreetNewsNetwork.com.

Disclosure: Author did not own any of the above at the time the article was written.

By Stockerblog.com

Top Yielding Electric Utility Stocks

Last week, I did an article on the Top Yielding Gas Utility Stocks. Now it is time to look at the electric utilities. With the high dividends and relative stability, investors are examining these stocks in more detail. Many utilities are moving more and more towards renewable energy, and with the price of oil and gas down substantially from what it was last year, the costs to run their generators are down. WallStreetNewsNetwork.com recently came up with a list of the highest yielding utilities in the form of an Excel spreadsheet that can be downloaded, sorted, and changed.

Some of the electric utilities on the list include:

UIL Holdings Corporation (UIL) with as yield of 8.4% and a forward PE of 8.7

TECO Energy, Inc. (TE) with as yield of 8.3% 7.4

Pinnacle West Capital Corporation (PNW) with as yield of 8.0% and a forward PE of 8.4

The list at wsnn.com includes three utility stocks with yields above 9%.

Author does not own any of the above.

By Stockerblog.com