Last $56.39 USD
Change Today +0.58 / 1.04%
Volume 431.6K
NU On Other Exchanges
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Berlin
New York
As of 12:08 PM 01/28/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

Prudential Building

800 Boylston Street

Boston, MA 02199

United States

Phone: 800-592-2000

Fax:

ransmission segment Each of CL&P, NSTAR Electric, PSNH and WMECO owns and maintains transmission facilities that are part of an interstate power transmission grid over which electricity is transmitted throughout New England. Each of CL&P, NSTAR Electric, PSNH and WMECO, and most other New England utilities, are parties to a series of agreements that provide for coordinated planning and operation of the region's transmission facilities and the rules by which they acquire transmission services. Under these arrangements, ISO-NE, a non-profit corporation, serves as the regional transmission organization of the New England transmission system. Natural Gas Distribution segment NSTAR Gas: NSTAR Gas distributes natural gas to approximately 274,000 customers in 51 communities in central and eastern Massachusetts covering 1,067 square miles. Total throughput (sales and transportation) in 2013 was approximately 60.5 Bcf. NSTAR Gas provides firm natural gas sales service to retail customers who require a continuous natural gas supply throughout the year, such as residential customers who rely on gas for heating, hot water and cooking needs, and commercial and industrial customers who choose to purchase natural gas from NSTAR Gas. NSTAR Gas offers firm transportation service to all customers who purchase gas from sources other than NSTAR Gas, as well as interruptible transportation and interruptible gas sales service to those commercial and industrial customers that have the capability to switch from natural gas to an alternative fuel on short notice, for whom NSTAR Gas can interrupt service during peak demand periods or at any other time to maintain distribution system integrity. Yankee Gas: Yankee Gas operates a natural gas distribution system in Connecticut serving approximately 218,000 customers in 71 cities and towns. Its service territory includes 2,187 square miles. Total throughput (sales and transportation) in 2013 was approximately 55 Bcf. Yankee Gas provides firm natural gas sales service to retail customers who require a continuous natural gas supply throughout the year, such as residential customers who rely on natural gas for heating, hot water and cooking needs, and commercial and industrial customers who choose to purchase natural gas from Yankee Gas. Yankee Gas also owns a 1.2 Bcf LNG facility in Waterbury, Connecticut, which is used primarily to assist it in meeting its supplier-of-last-resort obligations and also enables it to make economic purchases of natural gas, which typically occur during periods of low demand. Yankee Gas offers firm transportation service to its commercial and industrial customers who purchase gas from sources other than Yankee Gas, as well as interruptible transportation and interruptible gas sales service to those commercial and industrial customers that have the capability to switch from natural gas to an alternative fuel on short notice, for whom Yankee Gas can interrupt service during peak demand periods or at any other time to maintain distribution system integrity. Regulations The company is regulated in virtually all aspects of its business by various federal and state agencies, including Federal Energy Regulatory Commission (FERC), the U.S. Securities and Exchange Commission (SEC), and various state and/or local regulatory authorities with jurisdiction over the industry and the service areas in which each of its companies operates, including the Connecticut Public Utilities Regulatory Authority (PURA), which has jurisdiction over CL&P and Yankee Gas, the New Hampshire Public Utilities Commission (NHPUC), which has jurisdiction over PSNH, and the Massachusetts Department of Public Utilities, which has jurisdiction over NSTAR Electric, NSTAR Gas and WMECO. Significant Events Spectra Energy, Spectra Energy Partners and Northeast Utilities announced that they formed an alliance with Iroquois Gas Transmission System to provide New England with additional access to natural gas supplies. In January 2015, Micromem Technologies Inc. through its subsidiary, Micromem Applied Sensor Technologies Inc. (MAST) announced that MAST and Northeast Utilities (NU) have ex

 

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NU

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Valuation NU Industry Range
Price/Earnings 22.8x
Price/Sales 2.3x
Price/Book 1.8x
Price/Cash Flow 12.8x
TEV/Sales 1.0x
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