Utilities

Shares of Herley Industries (NASDAQ: HRLY) are higher on the session by 0.16%, currently trading at $19.00. The stock has been moving largely higher over the past six months and is currently consolidating above the 50-day moving average. Options traders are buying puts on the name today. A short...

Synthesis Energy Systems, Inc. (NASDAQ: SYMX) shares are skyrocketing, gaining more than 18% today on heavy volume. At last check, shares were up 32 cents to $2.07, a gain of 18.3% on more than 700,000 shares. Synthesis Energy Systems, Inc., a development stage company, focuses on developing and...

Goldman Sachs has a Neutral rating and a $30 price target on shares of El Paso Electric Co. (NYSE: EE), up from $29. In a note to clients, Goldman writes, "In light of meaningful outperformance by EE in the LTM (+41% v XLU +5%), risk/reward appears more favorable for select other small- and mid-...

Citi is out with its report today on Constellation Energy Group (NYSE: CEG), raising its PT from $35 to $38. In a note to clients, Citi writes, "Our new target price per share for CEG is raised to $38 from $35 translating into an ETR of 27% - supporting our continued Buy rating. Our target price...

Citigroup has raised the price target on Constellation Energy Group (NYSE: CEG) from $35 to $38 and maintains its Buy rating.

Vectren Energy Delivery of Indiana (NYSE: VVC) and Citizens Energy Group received regulatory approval last week from the Indiana Utility Regulatory Commission to continue to utilize ProLiance Energy, LLC to perform portfolio management services for their natural gas supply needs through March 2016...

Goldman Sachs has reported on El Paso Electric Company's (NYSE: EE) updated capical allocation plans. According to Goldman Sachs, "EE announced a repurchase authorization of up to 2.5 million shares of the company's stock in addition to its outstanding buyback program, where 0.7 million shares...

Wunderlich Securities Maintains Buy Rating, $24 PT On NRG Wunderlich Securities is maintaining its Buy rating and $24 PT on shares of NRG Energy (NYSE: NRG), which announced late yesterday a “further slowing of its nuclear development efforts, resulting primarily from the nuclear events in Japan...

J.P Morgan Comments On NRG Energy Following Decision To Suspend Activity On New Reactors Investors have been concerned about NRG Energy (NYSE: NRG) spending some of its significant FCF on building two new reactors at its South Texas Project nuclear plant. The company's announcement today that it...

Citi Raises CPN PT to $19 Citi has issued a report raising the Price Target of Calpine Corp. (NYSE: CPN) from $15 to $19. According to Citi, "We are lifting our target to $19 from $15 due primarily to higher spark spreads since our last model update and changing our base valuation year to 2013...

J.P. Morgan Reports NRG Energy Spending On Two New Reactors In a report published by J.P. Morgan, NRG Energy (NYSE: NRG) has been spending some of its significant FCF on building two new reactors at its South Texas Project nuclear plant. J.P. Morgan said that the company's announcement today that...

Citigroup has raised the price target on Calpine Corporation (NYSE: CPN) from $15 to $19 and maintains its Buy rating.

Nuclear Innovation North America LLC, the nuclear development company jointly owned by NRG Energy, Inc. (NYSE: NRG) and Toshiba Corporatio, is reducing the scope of development at the South Texas Project expansion to allow time for the U.S. Nuclear Regulatory Commission and other nuclear...

In a Form 4 filed earlier today, Westar Energy Inc. (NYSE: WR) Vice-President, James Ludwig, reported that he sold 14,000 shares of WR on March 21st for an average price of $26.05 The transaction totaled $364,735. Mr. Ludwig owns 25,579 direct shares and 40 indirect shares of WR. Source: The...

CenterPoint Energy (NYSE: CNP) is trading higher today. At the time of posting, shares of CNP were trading at $17.10, up 2.58% from Friday's close.