Electric Utilities Announce Service Agreements, Dividends, and Earnings Results - Research Report on IDACORP, Cleco, HEI, UNS Energy, and Black Hills PR Newswire NEW YORK, September 9, 2013 NEW YORK, September 9, 2013 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom. Today, Investors' Reports announced new research reports IDACORP, Inc. (NYSE: IDA), Cleco Corporation (NYSE: CNL), Hawaiian Electric Industries, Inc. (NYSE: HE), UNS Energy Corporation (NYSE: UNS), and Black Hills Corporation (NYSE: BKH). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. IDACORP, Inc. Research Report On August 1, 2013, IDACORP, Inc. (IDACORP) reported Q2 2013 financial results. In Q2 2013, the Company's total operating revenue was $303.9 million, up 19.3% YoY. Q2 2013 net income attributable to the Company was $45.5 million, or $0.91 per diluted share, compared with $35.3 million, or $0.71 per diluted share, in Q2 2012. "The strong second quarter resulted from improved operating results due to sustained focus on our core business combined with impacts of drier and warmer than normal weather conditions," said LaMont Keen, President and CEO of IDACORP. Keen added, "We successfully operated through a hot, dry quarter that brought significant usage from irrigation pumping and air conditioning. The increased usage helped boost our operating and financial performance this year. We continue to see warmer than normal conditions beyond the quarter as triple-digit temperatures persist throughout our service territory. On July 1 and 2, Idaho Power reached consecutive record overall peak-hour average system loads of 3,402 and 3,407 megawatts, respectively, breaking the record set last July of 3,245 megawatts." The Full Research Report on IDACORP, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-04/IDA] -- Cleco Corporation Research Report On August 7, 2013, Cleco Corporation (Cleco) announced that its subsidiary, Cleco Power LLC (Cleco Power), has reached a 20-year agreement with the City of Alexandria, approving the Company to provide capacity, energy, and market participant services to the city. Upon receiving final approval from the Alexandria City Council, the new agreement will be effective after the expiration of the current contract that ends in summer of 2015. "This contract follows the wholesale model we have designed for our utility's growth strategy, and also provides a platform for the city's long-term planning for future power needs," said Darren Olagues, President of Cleco Power. The Full Research Report on Cleco Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-04/CNL] -- Hawaiian Electric Industries, Inc. Research Report On August 8, 2013, Hawaiian Electric Industries, Inc. (HEI) reported Q2 2013 financial results. In Q2 2013, the Company's revenues totaled $796.7 million, down 6.7% YoY. Consolidated net income for common stock in Q2 2013 was $40.6 million, or $0.41 per diluted share, compared with $38.8 million, or $0.40 per diluted share, in Q2 2012. "HEI's stable financial results in the quarter were consistent with our expectations. Higher bank earnings compared to the same quarter last year helped offset slightly lower utility earnings which were primarily driven by a customer refund recorded in the quarter," said Constance H. Lau, President and CEO of HEI. The Full Research Report on Hawaiian Electric Industries, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-04/HE] -- UNS Energy Corporation Research Report On August 2, 2013, UNS Energy Corporation (UNS Energy) announced that its Board of Directors has declared a third quarter dividend of c.$0.44 per share. The dividend is payable on September 25, 2013, to common shareholders of record as of September 3, 2013. The Full Research Report on UNS Energy Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-04/UNS] -- Black Hills Corporation Research Report On September 4, 2013, Black Hills Corporation (Black Hills) announced that it will now provide natural gas service to 56 customers in Agenda, Kansas, after closing on the purchase of the town's natural gas system. "Our employees look forward to providing safe, reliable natural gas service to the residents of Agenda, who will have the immediate support of our entire gas utility team, access to excellent customer service, and a menu of convenient account management options," said Lon Meyer, General Manager of Black Hills Energy. Meyer added, "Black Hills is a strong, stable company, and we are always open to discussing opportunities for growth and committed to delivering exceptional value in safe, reliable natural gas service to our customers in communities throughout Kansas." The Full Research Report on Black Hills Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-04/BKH] ---- EDITOR NOTES: 1.This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2.Information in this release is fact checked and produced on a best efforts basis and reviewed by an analyst. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below. 3.This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public. 4.If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com. 5.For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com. 6.Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration. COMPLIANCE PROCEDURE Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be. NOT FINANCIAL ADVICE Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein. NO WARRANTY OR LIABILITY ASSUMED Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. InvestorsReports.com SOURCE Investors' Reports Contact: CONTACT PERSON: Kristi Saunders, CONTACT PHONE: +1-315-982-6420 (North America)
Electric Utilities Announce Service Agreements, Dividends, and Earnings Results - Research Report on IDACORP, Cleco, HEI, UNS
Press spacebar to pause and continue. Press esc to stop.