$AES (The AES Corporation)

$AES {{ '2015-11-05T14:20:12+0000' | timeago}} • Webcast

Global power company $AES expect average annual growth in proportional and currency cash flow of at least 10%. Specifically, in 2016, $AES expect to generate roughly $1.3Bil of proportional free cash flow translating to a $1.90 per share. $AES also expect to generate about $625MM in currency cash flow in 2016, 20% higher than 2015 guidance.

$AES {{ '2017-07-17T21:30:02+0000' | timeago}} • Announcement

$AES declared a quarterly common stock dividend of $0.12 per share payable on August 17, 2017, to shareholders of record on August 3, 2017.

$AES {{ '2017-07-05T13:02:24+0000' | timeago}} • Announcement

$AES has closed $2Bil in long-term, non-recourse financing for its 1,384MW Southland repowering project. The financing consists $1,475MM of senior secured notes amortizing through 2040 and $492MM senior secured term loan amortizing through 2027. $AES will contribute about $350MM in equity to finance the balance of the total project cost of $2.3Bil.

$AES {{ '2017-05-24T20:49:22+0000' | timeago}} • Announcement

$AES entered into a credit agreement that provides for borrowings in an aggregate principal amount of up to $525MM. The proceeds of the facility will be used to redeem its $3.375 term convertible securities, Series C and for general corporate purposes.

$AES {{ '2017-05-08T14:44:29+0000' | timeago}} • Webcast

$AES stated the sale of coal-fired generation accounts for about $30-40MM of the $50MM drop in EBITDA guidance. The drop also includes updated non-bypassable fees of $105MM, which was slightly higher than the company's expectation.

$AES {{ '2017-05-08T14:35:38+0000' | timeago}} • Webcast

With regards to the business conditions in Brazil, $AES said that it expects demand to pick up slightly this year. The company is modestly optimistic about Brazil and expects gradual oil recovery there. $AES added that its Eletropaulo utility in Brazil has been listed now and it continues to make improvements operationally.

$AES {{ '2017-05-08T10:54:15+0000' | timeago}} • Announcement

$AES reaffirmed its expectations through 2020 for adjusted EPS of 8-10% growth off mid-point of 2016 guidance and for free cash flow of 8-10% growth off mid-point of 2016 projection. The company's expectations through 2020 are based on foreign currency and commodity forward curves as of Dec. 31, 2016.

$AES {{ '2017-05-08T10:52:18+0000' | timeago}} • Announcement

$AES reaffirmed its 2017 adjusted EPS guidance of $1.00-1.10, net cash provided by operating activities estimate of $2.0-2.80Bil and free cash flow forecast of $1.4-2.0Bil. The company's 2017 guidance is based on foreign currency and commodity forward curves as of March 31, 2017.

$AES {{ '2017-05-08T10:49:42+0000' | timeago}} • Announcement

$AES slipped to a loss in 1Q17 from a profit last year, due to higher impairment expense from sale of coal-fired merchant generating assets in Kazakhstan and planned shutdown of certain coal-fired merchant. Net loss was $24MM or $0.04 per share compared to a profit of $126MM or $0.19 per share in 1Q16. Revenue grew to $3.49Bil from $3.27Bil.

$AES {{ '2017-05-05T14:26:31+0000' | timeago}} • Announcement

ENGIE and $AES agreed to enter into a joint venture to market and sell liquefied natural gas (LNG) to third parties in Central America. The JV will utilize the Costa Norte LNG terminal currently under construction in Colon, Panama, which is owned 50/50 by AES and Inversiones Bahía.

$AES {{ '2017-04-13T12:34:06+0000' | timeago}} • Announcement

$AES declared a quarterly common stock dividend of $0.12 per share payable on May 15, 2017, to shareholders of record at the close of business on May 1, 2017.

$AES {{ '2017-03-28T13:31:17+0000' | timeago}} • Announcement

$AES announced early results of its previously announced tender offers to purchase for cash, subject to certain terms and conditions, up to a total of $300MM aggregate principal amount of its outstanding 7.375% senior notes due 2021 and 8.000% senior notes due 2020.

$AES {{ '2017-03-15T11:22:18+0000' | timeago}} • Announcement

$AES announced the commencement of a cash tender offer to purchase $300MM aggregate principal amount of outstanding 7.375% senior notes due 2021 and 8.000% senior notes due 2020. Total consideration payable per $1,000 principal amount of securities is $1,135.00 for 2021 notes, and $1,157.50 for 2020 notes, on March 27, 2017.

$AES {{ '2017-02-27T15:15:07+0000' | timeago}} • Webcast

$AES said it is making good progress on OPGC-II. The company was about six months behind versus original expectations but it has not lost any more time. The project is up and running and $AES has done the related infrastructure projects such as the rail and new housing. The project is progressing well.

$AES {{ '2017-02-27T14:39:35+0000' | timeago}} • Webcast

$AES agreed to acquire independent solar developer sPower in partnership with AIMCo. The company expects to fund its $382MM share of the investment largely from excess discretionary cash received from the sale of AES Sul in late 2016. The transaction is expected to close in 3Q17 and is expected to be accretive to EPS.

$AES {{ '2017-02-27T14:25:25+0000' | timeago}} • Webcast

$AES is expecting stronger growth in GDP and electricity demand in most of its markets. In Brazil, demand is expected to grow 1% in 2017 versus a decline of 3% in 2016. In Chile, demand is expected to grow 2-3% versus 1% in 2016.

$AES {{ '2017-02-27T14:11:16+0000' | timeago}} • Webcast

$AES is on track to achieve its run rate of $350MM in cost savings and revenue enhancements through 2018. The company is targeting an additional $25MM of annual savings in 2019 ramping up to a $50MM incremental run rate in 2020. $AES expects to complete its 3.4GW construction program projects through 2019 despite some challenges.

$AES {{ '2017-02-27T12:05:05+0000' | timeago}} • Announcement

$AES expects 8-10% average annual growth in non-GAAP free cash flow through 2020 off the mid-point of its 2016 expectation of $525-625MM. Subject to Board approval, and in line with this expectation, the company expects its shareholder dividend to grow 8-10% annually on average, as well.

$AES {{ '2017-02-27T12:02:47+0000' | timeago}} • Announcement

$AES expects 2017 adjusted EPS of $1.00-1.10, net cash provided by operating activities of $2.0-2.8Bil and free cash flow of $1.4-2.0Bil. The company expects 8-10% average annual growth in free cash flow and adjusted EPS through 2020 off the mid-point of its 2016 expectations and guidance.

$AES {{ '2017-02-27T12:00:00+0000' | timeago}} • Announcement

$AES reported that 4Q16 net loss widened to $949MM or $1.44 per share from $85MM or $0.13 per share last year. Revenue grew to $3.54Bil from $3.22Bil. Adjusted EPS declined to $0.35 from $0.36.

$AES {{ '2017-02-27T11:58:49+0000' | timeago}} • Announcement

$AES reported a wider 4Q16 loss due to impact from the devaluation in foreign currencies, lower electricity prices, certain gains that benefited 2015 results and higher non-cash impairment losses. This is partially offset by a lower effective tax rate.

Recent Transcripts

HTM (U.S. Geothermal Inc.)
Thursday, May 11 2017 - 5:00pm
SRE (Sempra Energy)
Tuesday, May 9 2017 - 4:00pm
SAND (Sandstorm Gold Ltd.)
Tuesday, May 9 2017 - 3:30pm
ORA (Ormat Technologies Inc.)
Tuesday, May 9 2017 - 1:00pm
TAC (TransAlta Corp.)
Monday, May 8 2017 - 3:00pm
AES (The AES Corporation)
Monday, May 8 2017 - 1:00pm
DYN (Dynegy Inc.)
Friday, May 5 2017 - 1:00pm
TGB (Taseko Mines Ltd.)
Thursday, May 4 2017 - 3:00pm
PPL (PPL Corporation)
Thursday, May 4 2017 - 12:30pm
RIC (Richmont Mines Inc.)
Thursday, May 4 2017 - 12:30pm
SO (Southern Company)
Wednesday, May 3 2017 - 5:00pm
PNW (Pinnacle West Capital Corporation)
Tuesday, May 2 2017 - 4:00pm
PCG (PG&E Corporation)
Tuesday, May 2 2017 - 3:00pm
MLM (Martin Marietta Materials, Inc.)
Tuesday, May 2 2017 - 3:00pm
CMS (CMS Energy Corp.)
Monday, May 1 2017 - 1:30pm
PNM (PNM Resources, Inc.)
Friday, April 28 2017 - 3:00pm
POR (Portland General Electric Company)
Friday, April 28 2017 - 3:00pm
SCG (SCANA Corp.)
Thursday, April 27 2017 - 7:00pm
NWE (Northwestern Corporation)
Thursday, April 27 2017 - 7:00pm
AEP (American Electric Power Co., Inc.)
Thursday, April 27 2017 - 1:00pm

AlphaGraphics you may like