NEW YORK, March 15, 2017 /PRNewswire/ --
The Diversified Utilities industry consists of companies that provide consumers and businesses with electricity, natural gas,
and water. Most of these firms are government-sanctioned monopolies that operate without competition in their main service areas.
The downside to the industry is that the government, in many cases, determines how much these utilities can charge their
customers. Ahead of today's trading session, Stock-Callers.com takes a closer look at: Westar Energy Inc. (NYSE: WR), Pattern
Energy Group Inc. (NASDAQ: PEGI), TerraForm Power Inc. (NASDAQ: TERP), and UGI Corp. (NYSE: UGI). Sign up today and download for
free the research reports for the stocks covered today at:
http://stock-callers.com/registration
Westar Energy
Topeka, Kansas headquartered Westar Energy Inc.'s stock finished Tuesday's session 0.06%
higher at $54.58. A total volume of 788,673 shares was traded, which was above their three months
average volume of 747,650 shares. In the last month, the Company's shares have advanced 2.61%. The stock is trading above its
50-day moving average by 0.84%. Moreover, shares of Westar Energy, which generates, transmits, and distributes electricity in
Kansas, have a Relative Strength Index (RSI) of 61.97.
On February 22 nd, 2017, Westar Energy announced earnings of $347 million, or $2.43 per share, for full year 2016 compared with earnings of
$292 million, or $2.11 per share, for full year 2015. The Company's
Q4 2016 earnings were $54 million, or $0.38 per share, compared with
earnings of $39 million, or $0.28 per share, for Q4 2015.WR complete
research report is just a click away at:
http://stock-callers.com/registration/?symbol=WR
Pattern Energy
Shares in San Francisco, California headquartered Pattern Energy Group Inc. declined 0.71%,
ending yesterday's session at $19.59. A total volume of 961,083 shares was traded, which was above
their three months average volume of 752,510 shares. The stock has gained 0.87% in the previous three months and 3.16% on an YTD
basis. The Company's shares are trading 1.46% below their 50-day moving average. Moreover, shares of Pattern Energy Group, which
operates as an independent power company that owns and operates power projects in the US, Canada, and Chile, have an RSI of 38.85.
On March 01 st, 2017, Pattern Energy announced that it sold 1,817,651 MWh of
electricity on a proportional basis in Q4 2016 compared to 1,714,884 MWh sold for Q4 2015. The increase for the quarterly period
is primarily due to the commencement of commercial operations of Amazon Wind Farm Fowler Ridge in December
2015 and the acquisition of Armow in Q4 2016. Net cash provided by operating activities was $56.3
million for Q4 2016, compared to $32.4 million for Q4 2015. The Company's net income was
$3.4 million in Q4 2016, compared to a net loss of $3.9 million for
Q4 2015. The complimentary report on PEGI can be downloaded at:
http://stock-callers.com/registration/?symbol=PEGI
TerraForm Power
On Tuesday, Bethesda, Maryland headquartered TerraForm Power Inc.'s stock saw a drop of
1.20%, to close the day at $12.38, with a total trading volume of 405,586 shares. The Company's
shares have advanced 7.93% in the last one month. The stock is trading 3.02% above its 50-day moving average and 2.72% above its
200-day moving average. Additionally, shares of TerraForm Power, which owns and operates solar and wind generation assets serving
utility, commercial, and residential customers, have an RSI of 58.61.
On March 09 th, 2017, TerraForm Power announced that on March
06 th, 2017 it received a notification letter from a Director of NASDAQ Listing Qualifications. The
Notification Letter stated that because the Company has not yet filed its Form 10-K for the year ended December 31 st, 2016, the Company is not in compliance with NASDAQ Listing Rule 5250(c)(1), which
requires timely filing of periodic reports with the Securities and Exchange Commission. The Notification Letter noted that on
February 24 th, 2017, the Company filed its Form 10-Q for the period ended September 30 th, 2016, and as a result regained compliance with Listing Rule 5250(c)(1). Sign up for
your complimentary report on TERP at:
http://stock-callers.com/registration/?symbol=TERP
UGI Corp.
Shares in King of Prussia, Pennsylvania-based UGI Corp. ended the day 0.32% lower at
$47.46, with a total trading volume of 517,737 shares. The stock has gained 7.42% in the previous
three months and 3.51% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving
averages by 1.51% and 5.51%, respectively. Furthermore, shares of UGI Corp., which distributes, stores, transports, and markets
energy products and related services in the US and internationally, have an RSI of 51.13.
On February 15 th, 2017, UGI Corporation announced that Bradley C. Hall, President of UGI Energy Services, intends to retire after a 34-year career with the Company.
Joseph L. Hartz, Chief Operating Officer of UGI Energy Services, has been named President of UGI
Energy Services, effective March 06 th, 2017. Mr. Hall joined UGI in 1982. Download the
research report for free on UGI at:
http://stock-callers.com/registration/?symbol=UGI
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