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Edison International (EIX.N)

EIX.N on New York Stock Exchange

60.89USD
24 May 2019
Change (% chg)

$-0.81 (-1.31%)
Prev Close
$61.70
Open
$61.95
Day's High
$62.02
Day's Low
$60.80
Volume
230,002
Avg. Vol
648,661
52-wk High
$71.00
52-wk Low
$45.51

Latest Key Developments (Source: Significant Developments)

Edison International's 2020 Distribution Capital Expenditures Include $846 - $1,046 Mln For Wildfire Mitigation-Related Spend
Thursday, 2 May 2019 

May 1 (Reuters) - Edison International ::EDISON INTERNATIONAL - SCE 2018 - 2020 DISTRIBUTION CAPITAL EXPENDITURES INCLUDE $846 - $1,046 MILLION FOR WILDFIRE MITIGATION-RELATED SPEND.EDISON INTERNATIONAL - SCE PLANS TO SPEND ABOUT $350 MILLION IN 2019, $500-$700 MILLION IN 2020 FOR WILDFIRE MITIGATION AND PREVENTION.  Full Article

Edison International Files For Potential Stock Shelf, Size Not Disclosed
Wednesday, 1 May 2019 

April 30 (Reuters) - Edison International ::EDISON INTERNATIONAL FILES FOR POTENTIAL STOCK SHELF, SIZE NOT DISCLOSED - SEC FILING.  Full Article

Edison International Q1 Earnings Per Share $0.85
Wednesday, 1 May 2019 

April 30 (Reuters) - Edison International ::REPORTS FIRST QUARTER 2019 RESULTS.Q1 EARNINGS PER SHARE $0.85.Q1 EARNINGS PER SHARE ESTIMATE $0.87 -- REFINITIV IBES DATA.Q1 ADJUSTED CORE EARNINGS PER SHARE $0.63.IN NEXT 12 MONTHS, EDISON INTERNATIONAL EXPECTS TO FUND ITS NET CASH REQUIREMENTS THROUGH CAPITAL MARKET AND BANK FINANCINGS.IN APRIL 2019, EDISON INTERNATIONAL REGISTERED ADDITIONAL SHARES OF ITS COMMON STOCK WITH SEC..ANTICIPATES ISSUING UP TO $1.5 BILLION OF REGISTERED SHARES OF COMMON STOCK.QTRLY TOTAL OPERATING REVENUE $2.82 BILLION VERSUS $2.56 BILLION.WILL PROVIDE 2019 EARNINGS GUIDANCE AFTER A FINAL DECISION HAS BEEN ISSUED BY CPUC ON SOUTHERN CALIFORNIA EDISON 2018 GRC..Q1 REVENUE VIEW $2.76 BILLION -- REFINITIV IBES DATA.  Full Article

Southern California Edison Declares Dividends
Friday, 26 Apr 2019 

April 25 (Reuters) - Edison International ::SOUTHERN CALIFORNIA EDISON DECLARES DIVIDENDS.  Full Article

Southern California Edison Files Request With Federal Regulator To Increase Return On Equity Due To Unique Wildfire Risk
Thursday, 11 Apr 2019 

April 11 (Reuters) - Edison International ::SOUTHERN CALIFORNIA EDISON FILES REQUEST WITH FEDERAL REGULATOR TO INCREASE RETURN ON EQUITY DUE TO UNIQUE WILDFIRE RISK.SOUTHERN CALIFORNIA EDISON - COMPANY ESTIMATED THAT AVERAGE RESIDENTIAL CUSTOMER WOULD SEE AN INCREASE OF ABOUT $2.20 PER MONTH.SOUTHERN CALIFORNIA EDISON - PROPOSED EFFECTIVE DATE OF NEW ROE IS JUNE 12, 2019..SOUTHERN CALIFORNIA EDISON - STATED IN ITS FILING THAT REQUESTED ROE IS REASONABLE COMPARED TO INDUSTRIES WITH SIMILAR RISK PROFILES.SOUTHERN CALIFORNIA EDISON - CALCULATED THAT IT NEEDS A BASE ROE OF 17.12% TO CONTINUE TO MAINTAIN AND UPGRADE ITS TRANSMISSION INFRASTRUCTURE.SOUTHERN CALIFORNIA EDISON SAYS DAMAGE CAUSED BY RECENT WILDFIRES IN CALIFORNIA IS UNPRECEDENTED.SOUTHERN CALIFORNIA EDISON - IN ADDITION, SCE IS SEEKING CONTINUATION OF PREVIOUSLY APPROVED INCENTIVE ADDERS.SOUTHERN CALIFORNIA EDISON - REQUEST TO UP ROE IS CONSIDERED TO BE SHORT-TERM, UNFORTUNATE NECESSITY TO ENSURE SCE REMAINS ABLE TO ATTRACT INVESTORS.  Full Article

SCE Responds To Report On The 2017 Koenigstein Fire
Thursday, 21 Mar 2019 

March 20 (Reuters) - :SCE RESPONDS TO REPORT ON THE 2017 KOENIGSTEIN FIRE.SOUTHERN CALIFORNIA EDISON - IN A REPORT RELEASED WEDNESDAY, VCFD AND CAL FIRE FOUND SCE EQUIPMENT CONTRIBUTED TO IGNITION NEAR KOENIGSTEIN ROAD.SCE SAYS IS CONTINUING TO ANALYZE PROGRESSION OF KOENIGSTEIN FIRE AND EXTENT OF DAMAGES THAT MAY BE ATTRIBUTABLE TO IT.SCE- WILL NOT BE ABLE TO DETERMINE CAUSES OF KOENIGSTEIN FIRE UNTIL IT CAN ANALYZE EQUIPMENT CURRENTLY IN CAL FIRE'S POSSESSION & COMPLETES INTERNAL REVIEW.SCE SAYS ALSO NOT AWARE OF ANY BASIS FOR CRIMINAL LIABILITY.  Full Article

Fitch Affirms Edison International And SCE; Rating Outlook Revised To Negative
Tuesday, 22 Jan 2019 

Jan 22 (Reuters) - FITCH ON EDISON INTERNATIONAL::FITCH AFFIRMS EDISON INTERNATIONAL AND SCE; RATING OUTLOOK REVISED TO NEGATIVE.IN ITS BASE CASE, FITCH ASSUMES 3RD PARTY CLAIMS ASSOCIATED WITH 2017, 2018 DISASTERS IN CALIFORNIA WILL APPROXIMATE $6.5 BILLION.SHARP RISE IN MAGNITUDE, FREQUENCY OF WILDFIRES IN CALIFORNIA IN 2017, 2018 UNDERSCORES RISK THAT IT MAY CONTINUE INTO FUTURE.NEGATIVE RATING OUTLOOK CONSIDERS UNCERTAINTY ABOUT LEGISLATIVE SOLUTION TO PUT 2018 WILDFIRE-RELATED COSTS ON SAME FOOTING AS 2017.  Full Article

Edison International declares common stock dividend
Friday, 7 Dec 2018 

Dec 6 (Reuters) - Edison International ::EDISON INTERNATIONAL DECLARES COMMON STOCK DIVIDEND.EDISON INTERNATIONAL - DECLARED A QUARTERLY COMMON STOCK DIVIDEND OF $0.6125 PER SHARE.EDISON INTERNATIONAL - IN DECLARING DIVIDEND, BOARD CONSIDERED LIKELY ABILITY OF CO TO MEET ITS LIABILITIES AS THEY MATURE.EDISON INTERNATIONAL - IN DECLARING DIVIDEND, BOARD ALSO CONSIDERED BROAD RANGE OF POTENTIAL NEGATIVE OUTCOMES RELATED TO THOMAS AND WOOLSEY FIRES.  Full Article

Sce publicly releases cpuc submission on the woolsey fire
Friday, 7 Dec 2018 

Dec 6 (Reuters) - Edison International ::SCE PUBLICLY RELEASES CPUC SUBMISSION ON THE WOOLSEY FIRE.SOUTHERN CALIFORNIA EDISON - AT THIS TIME, CAUSE OF OUTAGE ON BIG ROCK CIRCUIT HAS NOT BEEN DETERMINED.SOUTHERN CALIFORNIA EDISON - ITS NOV. 8 INCIDENT REPORT NOTED AN OUTAGE ON BIG ROCK 16 KV CIRCUIT OUT OF CHATSWORTH SUBSTATION AT 2:22 P.M. ON NOV. 8.SOUTHERN CALIFORNIA EDISON - ONCE CO WAS ABLE TO ACCESS BIG ROCK SITE, CO FOUND NO EVIDENCE OF AN ENERGIZED WIRE ON THE GROUND.SOUTHERN CALIFORNIA EDISON - AT BIG ROCK SITE, CO DID FIND A GUY WIRE IN PROXIMITY TO A LINE KNOWN AS A JUMPER, WHICH IS USED TO CONNECT 2 ENERGIZED LINES.SOUTHERN CALIFORNIA EDISON - POTENTIAL THAT NOV. 8 BIG ROCK CIRCUIT OUTAGE RELATED TO CONTACT BEING MADE BETWEEN GUY WIRE & JUMPER REMAINS UNDER REVIEW.SOUTHERN CALIFORNIA EDISON - DAMAGE TO CO'S FACILITIES DUE TO WOOLSEY FIRE HAS NOT YET BEEN TABULATED.  Full Article

Moody's revises ratings outlook of Southern California Edison and Edison International to negative
Tuesday, 4 Dec 2018 

Dec 3 (Reuters) - Edison International ::MOODY'S SAYS REVISES RATINGS OUTLOOK OF SOUTHERN CALIFORNIA EDISON AND EDISON INTERNATIONAL TO NEGATIVE.MOODY'S SAYS THE WOOLSEY FIRE HAS CREATED ANOTHER "LARGE CONTINGENT EXPOSURE" FOR SOUTHERN CALIFORNIA EDISON COMPANY.MOODY'S SAYS STILL SEES CALIFORNIA REGULATION AS CREDIT SUPPORTIVE FOR UTILITIES, BUT OVERALL THE SUPPORTIVENESS HAS WEAKENED.  Full Article

SoCal Edison urges regulator to adjust ROE, citing higher wildfire risk

Southern California Edison utility said on Thursday it requested a federal agency to adjust the extraordinary wildfire risk for the portion regulated by it in the company's authorized return on equity (ROE).