Become a PUF Member Organization

dividend

The Fortnightly 40 Best Energy Companies

The industry’s transformation has begun. Should the F40 transform too?

(September 2014) Our annual ranking of shareholder performance tracks the long-term returns of leading utilities. But can it predict success in a transformed energy market?
Byline: 

Michael Burr

Read Entire Article

All You Need to Know

Picturing utilities in a series of sobering snapshots.

Utilities are growing rate base despite static or declining demand: making customers pay more for a product they want less of.
Byline: 

Leonard S. Hyman

Read Entire Article

Five Years Later

Wall Street is back in business. What’s next for utility finance?

When Lehman Brothers went bankrupt in September 2008, it marked the beginning of a financial crisis. By most accounts, the utility industry has been a picture of stability through tumultuous times. The view from Wall Street remains bullish – despite some reasons for concern.
Byline: 

Michael T. Burr

Read Entire Article

Profit and the New Normal

Delivering value in a zero-growth market.

Disruptive technologies and resource shifts are changing the utility business model. Market factors are driving companies toward four possible paths.

Byline: 

Kelly P. Gallant, Timothy P. Porter, Jack Azagury

Read Entire Article

Perfect Superstorm

Could carbon taxes emerge in the election aftermath?

Since Obama won reelection, we must ask whether we’d rather have EPA cracking down on carbon emissions, or whether a legislated framework would be better for everyone.

Byline: 

Michael T. Burr, Editor-in-Chief

Read Entire Article

Views from the Bond Side

How fixed income investors view the utility sector.

Bond investors are keen for signs of a legitimate recovery, and will be looking to move into holdco bonds.

Byline: 

Josh Olazabal

Read Entire Article