Saturday, November 30, 2024
Renewables giant NextEra books higher-than-expected Q1 earnings- oil and gas 360

Renewables giant NextEra books higher-than-expected Q1 earnings

Oil Price NextEra Energy Inc (NYSE: NEE) reported on Tuesday an 8.3% annual increase in its adjusted earnings per share for the first quarter, which topped analyst expectations, as the world’s largest wind and solar power generator added more customers to its regulated utilities business and boosted renewables capacity. NextEra Energy posted 2024 first-quarter adjusted earnings of $1.873 billion, or $0.91 per

NextEra's Duke Energy bid faces plethora of regulatory hurdles- oil and gas 360

NextEra’s Duke Energy bid faces plethora of regulatory hurdles

Reuters NEW YORK – NextEra Energy Inc Chief Executive James Robo joked last week he does not pursue small acquisitions because the reward is not worth the “brain damage” of getting them past regulators. Yet his $65 billion-plus pursuit of Duke Energy Corp will only pay off if he can overcome major regulatory hurdles in putting together the biggest ever

3 Top Energy Stocks to Buy in April - oilandgas360

3 Top energy stocks to buy in April

360 Feedwire March was a brutal month for the energy market. The average energy stock in the S&P 500 cratered 35%, after more than a 50% plunge in the price of crude oil. Fueling that painful sell-off was the impact the COVID-19 outbreak is having on the global economy, and therefore demand for energy. That sell-off took most energy stocks down with it, including