7-14-10 Executive Digest.Market in Brief

Atlanta Gas Light, Superior Water and Light, WP&L, BG&E, KCP&L, NIPSCO, NV Energy, PS of New Mexico and Southwestern Public Service have filed for general rate increases.
 
Two Nuclear Players Back Off Nuclear; Natural Gas Prices Cited as Reason
Two of the nation’s largest nuclear utilities are sounding a retreat from building new nuclear reactors in the near term. In separate speeches, Entergy CEO Wayne Leonard and Exelon CEO John Rowe said they do not want to risk building new reactors. They cited the low price of natural gas, lack of carbon tax to shift investment from fossil fuels, and risks of building a new reactor using the merchant model in de-regulated states.
 
Current natural gas prices are changing the strategic direction of many companies. New technologies have allowed the economic exploitation of many new reserve sources, but the historic volatility of natural gas prices still lurks in the back of many strategic planners’ minds.
 
The BP situation continues without signs of a solution. If a comprehensive energy bill does not emerge from this train wreck, what will it take for us to recognize the downsides to our oil dependence?
 

Methodology and Components of Each Index Tracked by The C Three Group

Less Regulated Electric Focus. More than 50 percent of revenues come from nonstate-regulated sources and/or more than 33 percent of assets are nonstate-regulated.

 
Less Regulated Gas Focus. More than 50 percent of revenues come from nonstate-regulated natural gas distribution and/or more than 33 percent of assets are nonstate-regulated.
 
Regulated Electric. No more than 20 percent of revenues can come from natural gas distribution and no more than 49 percent of revenues and 33 percent of assets can be associated with nonregulated activities.
 
LDC. No more than 20 percent of revenues can come from electric distribution or generation and no more than 50 percent of revenues and 33 percent of assets can be associated with nonregulated activities.
 
Regulated Electric and Gas Combination. More than 20 percent of revenues derived from natural gas distribution, no more than 50 percent of revenues and 33 percent of assets from nonregulated activities.
 
The C Three Index. The C Three Index is the nonweighted average of each of the companies included in the groupings above. The C Three Indices are developed based on a straightforward premise: If you invested $100 in each of the stocks of the companies we track, what would those shares be worth after a certain time? Historical share prices are adjusted for dividends, splits and spin-offs.
Previous articleObama announces $400 million to support solar panel manufacturing
Next article7-14-10 Executive Digest.Weather

7-14-10 Executive Digest.Market in Brief

Atlanta Gas Light, Superior Water and Light, WP&L, BG&E, KCP&L, NIPSCO, NV Energy, PS of New Mexico and Southwestern Public Service have filed for general rate increases.
 
Two Nuclear Players Back Off Nuclear; Natural Gas Prices Cited as Reason
Two of the nation’s largest nuclear utilities are sounding a retreat from building new nuclear reactors in the near term. In separate speeches, Entergy CEO Wayne Leonard and Exelon CEO John Rowe said they do not want to risk building new reactors. They cited the low price of natural gas, lack of carbon tax to shift investment from fossil fuels, and risks of building a new reactor using the merchant model in de-regulated states.
 
Current natural gas prices are changing the strategic direction of many companies. New technologies have allowed the economic exploitation of many new reserve sources, but the historic volatility of natural gas prices still lurks in the back of many strategic planners’ minds.
 
The BP situation continues without signs of a solution. If a comprehensive energy bill does not emerge from this train wreck, what will it take for us to recognize the downsides to our oil dependence?
 

Methodology and Components of Each Index Tracked by The C Three Group

Less Regulated Electric Focus. More than 50 percent of revenues come from nonstate-regulated sources and/or more than 33 percent of assets are nonstate-regulated.

 
Less Regulated Gas Focus. More than 50 percent of revenues come from nonstate-regulated natural gas distribution and/or more than 33 percent of assets are nonstate-regulated.
 
Regulated Electric. No more than 20 percent of revenues can come from natural gas distribution and no more than 49 percent of revenues and 33 percent of assets can be associated with nonregulated activities.
 
LDC. No more than 20 percent of revenues can come from electric distribution or generation and no more than 50 percent of revenues and 33 percent of assets can be associated with nonregulated activities.
 
Regulated Electric and Gas Combination. More than 20 percent of revenues derived from natural gas distribution, no more than 50 percent of revenues and 33 percent of assets from nonregulated activities.
 
The C Three Index. The C Three Index is the nonweighted average of each of the companies included in the groupings above. The C Three Indices are developed based on a straightforward premise: If you invested $100 in each of the stocks of the companies we track, what would those shares be worth after a certain time? Historical share prices are adjusted for dividends, splits and spin-offs.