Evergy Inc is a publicly traded utility company that provides electricity to customers across a large portion of the Midwest and Central United States
The company is focused on delivering reliable, affordable, and sustainable energy solutions, with a commitment to environmental stewardship and community engagement. Evergy operates a diverse energy portfolio that includes traditional fossil fuels as well as increasing investments in renewable energy sources such as wind and solar power. Through innovative programs and customer service initiatives, Evergy aims to meet the evolving energy needs of its residential, commercial, and industrial customers while supporting economic growth in the regions it serves.
Analyst Ross Fowler reinstated coverage on 4 US utilities in Great Plains, reinstating Buy rating for EVRG, MDU, Neutral rating rating on OGE and Underperform for BKH. EVRG's improving regulatory environment makes it undervalued, while MDU's transition to regulated utility and pipeline operator justifies its 15% discount. OGE's execution and growth potential from data centers and crypto-mining load are offset by risks from challenging regulatory environment and capital investments. BKH's electric utility operations poised for growth, but $1.6B in debt maturities could create EPS headwind.
Volatility has returned to Wall Street, disrupting the rebound that followed a massive selloff in early August. Additionally, September is known to be one of the worst months for stocks. Here are stocks that may be able to navigate this volatility.
After a blistering Thursday that saw the S&P 500 close with its best session in nearly two years — up 2.3% — Wall Street’s price action turned sluggish on a Friday lacking market-moving economic events.
Dividend-paying utilities tend to benefit from lower interest rates, as their relatively high yields become more attractive compared to bonds and other fixed-income investments.
The utility sector may be one to consider amid heightened market volatility and the potential resurgence of broader economic fears. Here are three top utility stocks that have essential services and generous dividends to support investors.
A heat wave will hit the US in 2024, one of the hottest years on record. 150 million Americans under heat warning. Several industries will be affected.
