With only a few big names left to report, 80% of S&P 500 companies have now delivered results, putting the index’s earnings per share on track to contract 2.2% for the fourth quarter—the first qua...
Tag: AEP
General Motors, IBM, American Electric Power, Albemarle, Hexcel
General Motors announced today that its Board of Directors has declared a fourth quarter 2022 cash dividend on the company’s outstanding common stock of $0.09 per share payable Thursday, Dec. 15...
Duke Energy Sees a Bright Future for Nuclear Power
I figured I’d put the uranium rods near the basketball hoop. Water from the nearby garden hose would serve as both the coolant and the moderator, slowing the neutrons enough to keep my chain reaction ...
Coal Is on Its Way Out, Despite Supreme Court EPA Ruling
Text size A NextEra Energy wind farm in Whitewater, Calif. Bing Guan/Bloomberg The U.S. utility industry’s shift from coal and toward renewables likely will be unaffected by a recent Supreme Court rul...
Energy Stocks Are Cheap. Just Ask Warren Buffett.
Energy stocks are on sale, after a sharp selloff since oil and natural-gas prices peaked in early June. Oil is down 18% from its high, to $102 a barrel, while gas has fallen by a third, to about $6 pe...