Tag: Utilities

8 Oct, 2021

Simply Safe Dividends downgrades Pinnacle West Capital safety score

The info below is not sponsored. Simply Safe Dividends is a service I use to evaluate companies in my portfolio. On Thursday, Pinnacle West received bad news regarding its pending rate case with state regulators when the Arizona Corporation Commission (ACC) voted to reduce the potential profits of the state’s largest electric utility.The ACC moved […]
9 Sep, 2021

Pinnacle West Capital retains Very Safe rating by Simply Safe Dividends

Pinnacle may have its request to increase rates rejected by a judge in Arizona and take a hit to its net income. Despite that Simply Safe Dividends believes the utility may have to rely more on capital markets to fund projects but also has a strong balance sheet and credit rating allowing it to ride […]
3 Aug, 2021

Black Hills (BKH) EPS $0.40 beats $0.35 estimate

Black Hills reported quarterly earnings of $0.40 per share which beat the analyst consensus estimate of $0.35 by 14.29 percent. This is a 21.21 percent increase over earnings of $0.33 per share from the same period last year. Black Hills Corp Earnings Rise In Q2 | Markets Insider (businessinsider.com)