Solid sales growth and a constructive regulatory environment are increasing earnings for Entergy's utility businesses.
Tighter environmental restrictions on coal-fired power plants and potential future restrictions on carbon dioxide emissions make the economics of nuclear power increasingly appealing.
The same storms that hit Entergy's Gulf Coast utilities also tend to send natural gas prices higher, lifting power prices in the Northeast and boosting profits for Entergy's merchant nuclear assets. Read more
Entergy’s relationship with New York regulators remains strained following their rejection of Entergy's 2010 nuclear fleet spin-off and the current license renewal fight at Indian Point.
Low power prices continue to pressure operating margins at Entergy’s nuclear plants in the Northeast, recently resulting in the decision to close the Vermont Yankee plant.
Although the ITC transaction appears to be a positive, we suspect state and New Orleans regulators will extract significant concessions, reducing the value of the transaction for Entergy shareholders. Read more
We assign Entergy a standard stewardship rating. This rating is due in large part to our favorable opinion of management's investments in nuclear generating assets and accretive projects at its regulated utilities offset by its poor political and regulatory Read more
Entergy is an integrated utility with approximately 30,000 megawatts of electric generating capacity. Its six regulated utilities generate electricity and distribute power Read more