$EE (El Paso Electric Co.)

$EE {{ '2015-12-15T16:23:52+0000' | timeago}} • Announcement

$EE, a regional electric utility, said its BoD has appointed Mary Kipp, President of $EE, as CEO. Ms. Kipp succeeds Thomas Shockley, who has fulfilled his contract and will continue as a Board member. Prior to joining $EE, Kipp was a senior attorney in the Federal Energy Regulatory Commission's Office of Enforcement in Washington DC.

$KMI {{ '2017-07-20T18:31:43+0000' | timeago}} • Webcast

$KMI plans to cover all of its financial growth CapEx with the use of its surplus cash flow, without the need to access equity or debt markets. The company, however, will be accessing debt markets to refinance maturing debt.

$KMI {{ '2017-07-20T18:25:38+0000' | timeago}} • Webcast

Commenting on its intention to the share buyback, $KMI said it is interested in the opportunistic purchases of shares, particularly since the company's share to DCF ratio is about five turns below the peer group average.

$KMI {{ '2017-07-20T18:19:56+0000' | timeago}} • Webcast

$KMI's distributable cash flow (DCF), a commonly used metric to measure the ability of assets to generate cash earnings, was $1.02Bil for 2Q17, down slightly from $1.05Bil a year ago. The decline was primarily attributable to the sale of 50% of Southern Natural Gas Company and the Kinder Morgan Canada Ltd (KML) IPO transaction.

$KMI {{ '2017-07-20T18:04:59+0000' | timeago}} • Webcast

At the end of 2Q17, $KMI's backlog stood at $12.2Bil. The company had new project additions in gas and CO2 which outpaced projects that were placed in service primarily in the terminals segment. The company continues to build out this backlog which it expects will contribute significant EBITDA to the segments when complete.

$AVA {{ '2017-07-20T15:33:22+0000' | timeago}} • Announcement

Energy company $AVA has agreed to be acquired by Canada-based power transmission firm Hydro One Ltd. The acquisition will be accretive to earnings in the mid-single digits in the first full year of operation. Avista shareholders will receive $53 per share. Hydro will fund the transaction with C$1.4Bil of its common equity and US$2.6Bil of debt.

$KMI {{ '2017-07-19T21:48:08+0000' | timeago}} • Announcement

$KMI BoD approved a cash dividend of $0.125 per share for 2Q17. The dividend is payable on Aug. 15, 2017, to common shareholders of record as of the close of business on July 31, 2017. $KMI also expects to declare an annual dividend of $0.80 per share for 2018, a 60% increase from the expected 2017 dividend.

$KMI {{ '2017-07-19T21:40:34+0000' | timeago}} • Announcement

As a result of the recent IPO of its canadian assets, $KMI now expects to end FY17 with a net debt-to-Adjusted EBITDA ratio of approx. 5.2 times and growth capital investment of $3.1Bil. The company had earlier budgeted to invest $3.2Bil in growth projects and end the year with a net debt-to-Adjusted EBITDA ratio of approx. 5.4 times.

$KMI {{ '2017-07-19T21:36:31+0000' | timeago}} • Announcement

$KMI, that recently had successful IPO of its Canadian business, posted a 7% increase in revenue for 2Q17 to $3.37Bil. The energy infrastructure company earned $337MM, or $0.15 per share, a slight increase from $333MM a year ago.

$KMI {{ '2017-07-19T21:15:38+0000' | timeago}} • Announcement

$KMI forecast to raise dividend by 60% for 2018, the first increase since Dec. 2015. The company, at the end of 2015, slashed its dividend by 75% in order to cut costs and survive during the oil downturn. The company plans to increase its dividend to $1.00 per share in 2019 and $1.25 per share in 2020, a growth rate of 25% annually. The board also authorized a $2Bil share buyback program.

$KMI {{ '2017-07-19T20:37:01+0000' | timeago}} • Infographic

$KMI Kinder Morgan Earnings AlphaGraphic: Q2 2017 Highlights

$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.

$SO {{ '2017-07-17T19:44:39+0000' | timeago}} • Announcement

$SO announced a regular quarterly dividend of $0.58 per share on the company's common stock, payable September 6, 2017, to shareholders of record as of August 21, 2017.

$TU {{ '2017-07-13T14:39:52+0000' | timeago}} • Announcement

Canadian telecom firm $TU has partnered with cloud solutions provider $RNG to launch the TELUS Business Connect Mobile, as part of expanding the company’s cloud communications portfolio in Canada. The solution is designed to drive productivity and cost savings for businesses.

$SO {{ '2017-07-12T20:41:20+0000' | timeago}} • Announcement

Energy company $SO and its subsidiary Gulf Power have launched the latest battery storage research project. The project is envisaged to demonstrate the capabilities of an energy storage system designed to help industrial and commercial customers store and use energy. It is expected to boost development of battery storage technology in the company.

$DTE {{ '2017-07-11T13:49:38+0000' | timeago}} • Announcement

Energy company $DTE has appointed Rodney Cole as the director of state government affairs. He succeeds Jim Padgett, who will be retiring in September. Most recently, Cole served as head of DTE’s Wayne County regional relations team, serving as the primary contact between the company and local municipalities.

$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.

$SO {{ '2017-06-30T14:40:26+0000' | timeago}} • Announcement

$SO's subsidiary Southern Power has signed an agreement with Wärtsilä, a supplier of flexible generation technology, to develop two flexible gas power plant projects, which could be as large as 450 megawatts each.

$SO {{ '2017-06-28T20:35:00+0000' | timeago}} • Announcement

$SO and Mississippi Power announced the suspension of start-up and operations activities involving the lignite gasification portion of the Kemper County energy facility. The facility will continue to operate using natural gas pending the Mississippi Public Service Commission's decision on future operations.

$TDS {{ '2017-06-28T20:19:14+0000' | timeago}} • Webcast

$TDS appointed Anita Kroll as VP and controller, effective immediately. She will be responsible for corporate accounting, internal and external reporting, accounting policy, tax compliance and accounting, and enterprise-wide shared services. Kroll joined $TDS in 2011, and currently serves as the director of revenue recognition.

$TDS {{ '2017-06-28T20:17:06+0000' | timeago}} • Webcast

$TDS appointed Michelle Brukwicki as VP of financial analysis and strategic planning, effective immediately. She will lead the enterprise-wide strategic planning, budgeting and forecasting process for $TDS and its business units. Brukwicki joined $TDS in 2007, and currently serves as director of accounting for $TDS' subsidiary TDS Telecom.

Recent Transcripts

KMI (Kinder Morgan, Inc.)
Wednesday, July 19 2017 - 8:30pm
HTM (U.S. Geothermal Inc.)
Thursday, May 11 2017 - 5:00pm
TU (TELUS Corporation)
Thursday, May 11 2017 - 4:30pm
SRE (Sempra Energy)
Tuesday, May 9 2017 - 4:00pm
TAC (TransAlta Corp.)
Monday, May 8 2017 - 3:00pm
AES (The AES Corporation)
Monday, May 8 2017 - 1:00pm
EGN (Energen Corp.)
Friday, May 5 2017 - 3:00pm
TDS (Telephone & Data Systems Inc.)
Friday, May 5 2017 - 2:30pm
DYN (Dynegy Inc.)
Friday, May 5 2017 - 1:00pm
PPL (PPL Corporation)
Thursday, May 4 2017 - 12:30pm
SO (Southern Company)
Wednesday, May 3 2017 - 5:00pm
AVA (Avista Corp.)
Wednesday, May 3 2017 - 2:30pm
EE (El Paso Electric Co.)
Wednesday, May 3 2017 - 2:30pm
PCG (PG&E Corporation)
Tuesday, May 2 2017 - 3:00pm
TSU (TIM Participações S.A.)
Friday, April 28 2017 - 2:30pm
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
SCG (SCANA Corp.)
Thursday, April 27 2017 - 1:00pm
DTE (DTE Energy Company)
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