Welcome to our dedicated page for Eversource Energ news (Ticker: ES), a resource for investors and traders seeking the latest updates and insights on Eversource Energ stock.
Eversource Energy reports developments for a regulated utility holding company that transmits and delivers electricity and natural gas and supplies water in Connecticut, Massachusetts and New Hampshire. Recurring updates cover earnings by electric distribution, natural gas distribution, water distribution and parent-company activities, along with rate-case effects, infrastructure investment, financing actions and common-share dividends.
Company news also addresses capital plans for electric and gas distribution systems, reliability and storm-response investments, energy efficiency programs, and grid initiatives tied to clean-energy resources such as networked geothermal systems, solar, offshore wind, electric vehicles and battery storage.
Eversource (NYSE: ES) will host a webcast on February 17, 2021, at 9 a.m. ET for financial analysts to discuss the 2020 results and the 2021 outlook. The presentation can be accessed via the company’s investor section. Eversource provides electricity, natural gas, and water to approximately 4.4 million customers in Connecticut, Massachusetts, and New Hampshire, and is recognized as a leader in energy efficiency and corporate responsibility.
The Board of Trustees of Eversource Energy (NYSE:ES) has announced a quarterly dividend of $0.6025 per share, which will be payable on March 31, 2021. Shareholders must be on record by the close of business on March 4, 2021.
Eversource Energy serves around 4.3 million customers across New England, focusing on safety, reliability, and environmental leadership, and has approximately 343 million common shares outstanding.
Eversource Energy (NYSE: ES) has received an unsolicited mini-tender offer from TRC Capital Corporation to purchase up to 1.5 million shares at $88.00 each, which is 4.54% below the market price of $92.19 as of October 9, 2020. Eversource Energy does not endorse this offer and advises shareholders against tendering their shares, emphasizing that the offer lacks adequate investor protections typical of larger tender offers. The company operates New England's largest energy delivery system, serving approximately 4.3 million customers across Connecticut, Massachusetts, and New Hampshire.
Eversource Energy (NYSE: ES) announced Q3 2020 earnings of $346.3 million ($1.01/share), up from $318.9 million ($0.98/share) in Q3 2019. Year-to-date earnings reached $933.2 million ($2.76/share), a significant rise from $659 million ($2.05/share) in the same period last year. The company reaffirmed its 2020 EPS guidance of $3.60 to $3.70/share, excluding acquisition costs. Key drivers included enhanced performance in electric distribution and transmission segments, despite increased storm-related expenses and property taxes.
Eversource Energy (NYSE: ES) will host a conference call for financial analysts on November 4, 2020, at 9 a.m. EST, to discuss Q3 2020 financial performance. The webcast will be available on the company’s Investors page. Eversource serves 4.3 million customers across Connecticut, Massachusetts, and New Hampshire, recognized for corporate responsibility and energy efficiency. The company is focused on delivering reliable energy and water, along with enhancing clean energy solutions like solar and offshore wind.
Edison Chouest Offshore (ECO), Ørsted, and Eversource have secured a long-term charter for the first U.S. flagged Jones Act compliant Service Operations Vessel (SOV) to support the Revolution Wind, South Fork Wind, and Sunrise Wind offshore projects. The SOV will be constructed at ECO's shipyards in Florida, Mississippi, and Louisiana, generating over 300 jobs. Designed for the offshore wind sector, it emphasizes safety and reduced emissions. This initiative highlights the growing offshore wind industry in the U.S., with significant economic impacts and the potential for over 25,000 megawatts of power from renewable sources.