High market values normally lead to lower dividend yields – but even in today’s climate, it’s still possible to find a high-yielding dividend payer. The forecasted large growth rate in the Chinese EV market should lead to another big year for Nio. Possibly the biggest news was a 150 kilowatt-hour battery pack with a claimed range of 625 miles. The webcast will feature a presentation from Avangrid’s CEO, James P. Torgerson and other members of the executive team, and can be accessed through the Investor Relations’ section of AVANGRID’s website. "In 2020, we will continue executing on our long-term strategy, focusing on delivering growth in our Networks and Renewables businesses, developing strategic projects and continuous improvement efforts to drive innovation and efficiencies," added Torgerson. This is interesting since SDG&E does own regulated generation assets. Earlier this month, its chairman and chief executive officer, Michael D. Farkas, sold $22.1 million in shares, according to a filing with the U.S. Securities & Exchange Commission.“There have been and always will be naysayers,” Farkas said in a statement. Chinese Market Surge The Chinese EV market is set to surge to 1.8 million vehicles in 2021, up 40% from 1.3 million vehicles last year. The stock has since continued to ride higher, closing at an all-time high of $9.14 Tuesday. Over the past 12 months, NIO stock is up a whooping 1017%, and remains close to its 52-week high. Avangrid Networks Earnings for the fourth quarter 2019 compared to 2018 benefited from rate adjustments in Connecticut and Massachusetts and efficiencies, partially offset by higher depreciation expense due to additional assets in service, lower transmission revenues in Maine, a settlement from the 2018 New York storm review and an unfavorable reliability revenue adjustment at New York State Electric and Gas Corporation. CorporateCorporate primarily reflects net interest expenses and taxes period over period. For additional information, see “Reconciliation of Non-U.S. GAAP Adjusted 2019 Outlook Estimated EPS” at the end of the release. Is Ford Stock A Buy Now, As Earnings Rebound? All rights reserved. Outlook AVANGRID’s U.S. GAAP consolidated earnings outlook and adjusted non-U.S. GAAP consolidated earnings outlook for 2020 are projected to be $2.06-$2.26 per share and $2.17-$2.37 per share, respectively. It probably hasn't hurt that the Chinese EV manufacturer released solid December car deliveries, showing a huge step forward. We believe that presenting such non-GAAP financial measures is useful because such measures can be used to analyze and compare profitability between companies and industries by eliminating the impact of certain non-cash charges. Professional Development and Promotional Opportunities. This outlook gives us increased confidence around dividend sustainability, which we believe warrants a higher valuation multiple.” Laws sees the company’s merger with Anworth as a net-positive, and referring to the combination, says, “[We] expect RC to redeploy capital currently invested in the ANH portfolio into new investments in RC's targeted asset classes.” In line with his comments, Laws rates RC shares an Outperform (i.e. The only Biotech companies anyone should look at, are companies with good potential for a buy-out, or major funding potential. About Form 10-K. agr201810-k.htm 10-K Zoom In Zoom Out. Avangrid RenewablesEarnings for the fourth quarter 2019 compared to 2018 benefited primarily from income from the sale of assets, higher mark-to-market earnings and efficiencies, partially offset by unfavorable pricing-related impacts. The company’s value has increased seven-fold since and now exceeds $5 billion even as its third-quarter revenue fell 18% from a year earlier. (1) Includes Restructuring/Forward 2020+ costs, the MtM portion asset or liability that will be realized in '20 & an estimate of accelerated depreciation on repowering, Amounts may not add due to rounding; Estimates are not expected to be additive, Assumes approx. 2019 SUSTAINABILITY REPORT . Earnings for the full year 2019 compared to 2018 benefited from rate adjustments in New York, Connecticut and Massachusetts and efficiencies, which were more than offset by higher depreciation expense, lower transmission revenues in Maine, increased outage restoration and staging costs and the settlement and unfavorable revenue adjustment mentioned above. Details of the earnings segments are summarized as follows. The California company's new valuation with this latest investment is $27.6 billion, according to a person familiar with Rivian's financials. At a time when millions of people are strapped for money and counting on their income tax refund or a stimulus check, they’ll have to wait a little longer before they can file their taxes. Condensed Consolidated Statements of Income, Purchased power, natural gas and fuel used, Net loss (income) attributable to noncontrolling interests. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support Contact the Avangrid Foundation. The aggregate market value of the Avangrid, Inc.’s voting stock held by non-affiliates, computed by reference to the price at which the common equity was last sold as of the last business day of Avangrid, Inc.’s most recently completed second fiscal quarter (June 30, 2019) was $ 2,836 million based on a closing sales price of $50.50 per share. ANNUAL REPORT Central Maine Power Company 83 Edison Drive, Augusta, ME 04336 FOR THE STATE OF MAINE. The most directly comparable U.S. GAAP measure to adjusted net income is net income. Since November, a wave of once-obscure clean-energy companies have seen their valuations skyrocket into the billions -- despite generating little or no net income. The company is backed by Volkswagen AG, as well as Bill Gates and Khosla Ventures. That rating is based on 13 reviews, including 7 Buys and 6 Holds. The shares took off in earnest earlier this month, after Plug announced a $1.5 billion investment from South Korea’s SK Group to promote the technology across Asia.“The increase in stock value is a strong indication of the global transition to a clean economy and hydrogen,” said Plug Chief Executive Andy Marsh.QuantumScapeElectric-car battery developer QuantumScape Corp. saw its stock more than triple after it merged in late November with a blank-check company. Today AVANGRID, Inc. (NYSE:AGR) reported consolidated U.S. GAAP net income of $223 million, or $0.72 per share, for the fourth quarter ended December 31, 2019, compared to $119 million, or $0.38 per share, for the same period in 2018. Avangrid Renewables Earnings for the fourth quarter 2019 compared to 2018 benefited primarily from income from the sale of assets, higher mark-to-market earnings and efficiencies, partially offset by unfavorable pricing-related impacts. We believe adjusted net income is more useful in understanding and evaluating actual and projected financial performance and contribution of AVANGRID core lines of business and to more fully compare and explain our results. Forward Looking Statements Certain statements in this presentation may relate to our future business and financial performance and future events or developments involving us and our subsidiaries that are not purely historical and may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Commissioned 831 mega-watts (MW) of Renewables’ projects in 2019; including 605 MW in the fourth quarter, Rate decision in ME and significant progress in NY rate case settlement discussions, New England Clean Energy Connect transmission project received key approval from ME’s Land Use Planning Commission, Park City Wind 804 MW project selected in CT Offshore Wind Request for Proposal (RFP), Closed on the sale of 50% of our Dry Lake Wind Farm II and Copper Crossing Solar projects, Recently executed power purchase agreements: 215 MWdc solar project in Oregon and 57 MWdc solar project with 11 MW battery storage in California. Secured a new power purchase agreement (PPA) – La Joya ll, 140 mega-watt (MW) wind farm Purchased Patriot Wind 226 MW wind farm at commercial operation date Twitter External link, opens in new window. Diversity and Inclusion. The content is intended to be used for informational purposes only. As always, Chinese stocks have additional risks due to regulatory concerns and transparency issues. Commodities . Shipping Information. We reached significant milestones in rate cases, achieved key approvals for the New England Clean Energy Connect transmission project, commissioned 831 MW of Renewables’ projects, and our Park City Wind project was selected in Connecticut’s Offshore RFP. Should one or more of these risks or uncertainties materialize, or should any of the underlying assumptions prove incorrect, actual results may vary in material respects from those expressed or implied by these forward-looking statements. The non-GAAP financial measures we use are specific to AVANGRID and the non-GAAP financial measures of other companies may not be calculated in the same manner. Analysts have sales nearly doubling to $4.6 billion this year and surging again to $7.5 billion in 2022. Due to this vast opportunity, the company raised another $1.3 billion via convertible debt. Buy) rating and suggesting ~27% upside for the year. QuantumScape didn’t respond to a request for comment.EosEos Energy Enterprises Inc., founded in 2008, makes grid-scale batteries based on zinc, challenging the lithium-ion chemistry that now dominates the battery market. A fraction of the release should look at, are companies with good potential for a smarter, energy... To address the Great global challenges facing humanity that will mark the future Northern! 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