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Public Service Enterprise Group Inc (PEG.N)

PEG.N on New York Stock Exchange

51.75USD
18 Jul 2018
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$0.01 (+0.02%)
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Latest Key Developments (Source: Significant Developments)

Public Service Enterprise Group Says Outlined A Plan To Invest $14 Bln To $17 Bln Over Next 5 Years
Thursday, 31 May 2018 

May 31 (Reuters) - Public Service Enterprise Group Inc ::OUTLINED A PLAN TO INVEST $14 BILLION TO $17 BILLION OVER NEXT FIVE YEARS.PUBLIC SERVICE ENTERPRISE GROUP- PROGRAM INCLUDES PROPOSAL TO INVEST $2.9 BILLION IN ENERGY EFFICIENCY, ELECTRIC VEHICLE INFRASTRUCTURE AND ENERGY STORAGE.INVESTMENT PROGRAM ALSO INCLUDES PROPOSAL TO INVEST $2.5 BILLION TO EXTEND ENERGY STRONG PROGRAM.PUBLIC SERVICE ENTERPRISE GROUP - INFRASTRUCTURE PROGRAM PROVIDES OPPORTUNITY FOR ANNUAL GROWTH OF 8 TO 10 PERCENT IN CO'S RATE BASE.  Full Article

PSE&G Reaches Agreement With NJ BPU Staff And Rate Counsel On Next Phase Of Gas Infrastructure Replacement
Monday, 23 Apr 2018 

April 23 (Reuters) - Public Service Enterprise Group Inc ::PSE&G REACHES AGREEMENT WITH NJ BPU STAFF AND RATE COUNSEL ON NEXT PHASE OF GAS INFRASTRUCTURE REPLACEMENT.PUBLIC SERVICE ELECTRIC AND GAS - $1.875 BILLION SETTLEMENT WITH STAFF OF NEW JERSEY BPU, NEW JERSEY DIVISION OF RATE COUNSEL, OTHER PARTIES.PUBLIC SERVICE ELECTRIC AND GAS - SETTLEMENT TO CONTINUE ACCELERATED REPLACEMENT OF AGING GAS PIPES.PUBLIC SERVICE ELECTRIC AND GAS - SETTLEMENT AGREEMENT IS PENDING APPROVAL BY BPU.PUBLIC SERVICE ELECTRIC AND GAS - CO'S ROE ON INVESTMENT TO BE DETERMINED AS PART OF UTILITY'S BASE DISTRIBUTION RATE REVIEW CURRENTLY UNDER WAY.PUBLIC SERVICE ELECTRIC AND GAS - SETTLEMENT ENABLES UTILITY TO REPLACE 875 MILES OF GAS MAINS OVER 5-YEAR PERIOD.  Full Article

Public Service Electric & Gas Says ‍Beginning In 2018, PSEG, On Consolidated Basis, Will Incur Lower Income Tax Expense
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Public Service Enterprise Group Inc ::PUBLIC SERVICE ELECTRIC & GAS SAYS ‍BEGINNING IN 2018, PSEG, ON CONSOLIDATED BASIS, WILL INCUR LOWER INCOME TAX EXPENSE - SEC FILING.PUBLIC SERVICE ELECTRIC & GAS-WITH TAX CUTS&JOBS ACT, SEES TO RECORD A ONE-TIME,NON-CASH EARNINGS BENEFIT IN RANGE OF $660 MILLION TO $850 MILLION IN FY 2017.PUBLIC SERVICE ELECTRIC & GAS- CO EXPECTS TO HAVE EXCESS DEFERRED TAXES IN RANGE OF $1.8 BILLION TO $2.2 BILLION IN FY 2017.  Full Article

Salem, Hope Creek Nuclear Plants Not Impacted By Delaware Quake -PSEG
Friday, 1 Dec 2017 

Nov 30 (Reuters) - PUBLIC SERVICE ENTERPRISE GROUP ::PSEG SAYS SALEM, HOPE CREEK NUCLEAR PLANTS NOT IMPACTED BY EARTHQUAKE AT DOVER, DELAWARE; ALL THREE PLANTS REMAIN ONLINE.PSEG SAYS AS PART OF PLANT PROCEDURES EMPLOYEES ARE WALKING DOWN PLANT EQUIPMENT.  Full Article

PSE&G gets deadline extension approval for filing distribution base rate case proceeding
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - Public Service Enterprise Group Inc ::Says New Jersey Board of Public Utilities approved deadline extension for filing PSE&G's distribution base rate case proceeding.Says filing of PSE&G's distribution base rate case proceeding to now be based on 5 months actual data, 7 months forecasted data​.Says New Jersey Board of Public Utilities approved deadline extension to February 1, 2018​ at meeting on Nov 21 - SEC filing.  Full Article

Public Service Enterprise Group Inc files for potential mixed shelf offering
Saturday, 18 Nov 2017 

Nov 17 (Reuters) - Public Service Enterprise Group Inc ::Public Service Enterprise Group Inc files for potential mixed shelf offering - SEC filing‍​.  Full Article

PSEG reports 2017 third quarter results
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Public Service Enterprise Group Inc :Pseg sees 2017 non-gaap operating earnings per share $2.80 to $3.00.Reports Q3 2017 net income of $395 million or $0.78 per share​.Says ‍non-gaap operating earnings guidance for full year remains unchanged​.Says PSEG ‍power continues to forecast output for 2017 of 49 - 50 twh​.Says for PSEG power forecast of output for 2018 and 2019 remains unchanged from prior estimates​.Reports ‍​qtrly operating revenues $2,263 million versus $2,450 million.Q3 revenue view $2.56 billion -- Thomson Reuters I/B/E/S.FY 2017 earnings per share view $2.92 -- Thomson Reuters I/B/E/S.  Full Article

Public Service Enterprise Group posts Q2 operating EPS $0.57
Friday, 29 Jul 2016 

Public Service Enterprise Group Inc : PSEG announces 2016 second quarter results . Q2 operating earnings per share $0.57 (not $0.18) . Operating earnings guidance for full year remains unchanged . Q2 earnings per share view $0.58 -- Thomson Reuters I/B/E/S . Q2 earnings per share $0.37 . Reaffirms FY 2016 operating earnings per share view $2.80 to $3.00 . Sees PSEG Power's 2016 operating earnings in the range of $460 million - $525 million . Sees 2016 PSE&G operating earnings $900 - $935 mln .PSEG Power is reducing its forecast of output for 2016 to 50 - 52 twh from its prior forecast of 52 - 54 twh.  Full Article

BRIEF-Public Service Enterprise Group reports Q2 earnings per share $0.37
Friday, 29 Jul 2016 

Corrects second bullet to say FY operating earnings guidance, not total company guidance, is unchanged. Also corrects Q2 operating EPS in fourth bullet to $0.57 from $0.18.Public Service Enterprise Group Inc : Sees 2016 PSE&G operating Earnings $900-$935 million . Operating earnings guidance for full year remains unchanged . PSEG announces 2016 second quarter results . Q2 operating earnings per share $0.57 . Q2 earnings per share view $0.58 -- Thomson Reuters I/B/E/S . Q2 earnings per share $0.37 . Reaffirms FY 2016 operating earnings per share view $2.80 to $3.00 . Sees PSEG power's 2016 operating earnings in the range of $460 million - $525 million .PSEG power is reducing its forecast of output for 2016 to 50 - 52 twh from its prior forecast of 52 - 54 twh.  Full Article

BRIEF-Public Service Enterprise Group Says May Offer Up To $2.5 Bln Of Secured Medium-Term Notes, Series M

* PUBLIC SERVICE ENTERPRISE GROUP SAYS MAY OFFER UP TO $2.5 BILLION OF SECURED MEDIUM-TERM NOTES, SERIES M - SEC FILING