Eversource Energ Stock Price, News & Analysis

Synergis Software is hosting a free live webinar on April 6, 2022, at 2:00 p.m. EDT, focused on overcoming challenges in drawing management for utility companies. The webinar will feature experts from Eversource, Great River Energy, and Hoosier Energy discussing the impact of poor drawing management and sharing best practices. Attendees will learn how to enhance collaboration, increase operational efficiency, and reduce costs. The session includes a live Q&A for participants to get their queries addressed.

Aquarion Company has announced its plan to acquire The Torrington Water Company (TWC) in a stock-for-stock transaction approved by both companies' boards. TWC shareholders will receive Aquarion's parent company shares, Eversource Energy, valued at approximately $92.81 per share, based on Eversource's recent closing price. The acquisition will expand Aquarion's customer base by adding about 10,100 customers to its existing 226,000. The deal is subject to TWC shareholder approval and regulatory review, with expected completion by the end of 2022.

Eversource Energy reported full-year 2021 earnings of $1,220.5 million, translating to $3.54 per share, slightly down from $3.55 in 2020. The fourth-quarter earnings were $306.7 million or $0.89 per share, up from $271.9 million or $0.79 per share in the previous year. Notable after-tax acquisition-related charges totaled $23.6 million for the year. The company anticipates 2022 earnings between $4.00 and $4.17 per share. Eversource aims for a 5-7% annual growth in earnings per share through 2026, with a focus on clean energy initiatives and operational efficiency.

Eversource Energy (NYSE: ES) has announced a conference call scheduled for February 17, 2022, at 8 a.m. Eastern Time. During the call, senior management will address the company's financial performance for 2021 and offer insights into the outlook for 2022. This live audio presentation will be available on the Eversource website in the Investors section. The company serves approximately 4.4 million customers across Connecticut, Massachusetts, and New Hampshire, focusing on providing reliable energy and water delivery while promoting a clean energy future.

The Board of Trustees of Eversource Energy (NYSE:ES) has approved a quarterly dividend of $0.6375 per share. This dividend will be payable on March 31, 2022, to shareholders of record as of the close of business on March 3, 2022. Eversource Energy, the largest energy delivery company in New England, serves approximately 4.4 million customers across Connecticut, Massachusetts, and New Hampshire, with around 344 million common shares outstanding.

The Board of Trustees of Eversource Energy (NYSE:ES) has declared a quarterly dividend of $0.6025 per share, with a payment date set for December 31, 2021. Shareholders on record as of the close of business on December 17, 2021 will be eligible. Eversource Energy serves approximately 4.3 million customers across electric, natural gas, and water sectors in Connecticut, Massachusetts, and New Hampshire, and has around 344 million common shares outstanding.

South Fork Wind, New York's first offshore wind farm, has achieved a major milestone by receiving its Record of Decision from the U.S. Department of the Interior's Bureau of Ocean Energy Management. This approval allows the project to move forward, with construction expected to start soon. The wind farm, a joint venture between Ørsted and Eversource, is designed to produce 132 megawatts of clean energy, powering approximately 70,000 homes on Long Island by late 2023. This project is anticipated to create jobs and is pivotal in advancing New York’s climate goals.

Willdan Group, Inc. (NASDAQ: WLDN) announced that Eversource will implement LoadSEER software in Massachusetts for enhanced load forecasting and grid planning. This enterprise software license enables Eversource to analyze distributed energy resource adoption and perform scenario analyses on grid impacts from electric vehicles and solar energy. LoadSEER's new data scrubber feature improves data accuracy, reducing processing costs. Willdan's support aims to improve grid reliability as energy patterns evolve. The press release highlights the software's potential for accurate forecasting and effective grid planning.