Report
Charles Fishman
EUR 98.48 For Business Accounts Only

Executive Order Reviewing Clean Power Plan Has Little Effect on Utilities

We are maintaining our fair value estimates, moat ratings, and moat trend ratings for all utilities we cover after President Donald Trump signed an executive order to review the previous administration's Clean Power Plan. Further efforts by the Environmental Protection Agency will be needed to revoke the current regulation.
During the Trump administration, we expect state renewable portfolio standards, or RPS, will keep U.S. renewable energy growth in line with that achieved during the Obama pre...
Underlying
Pinnacle West Capital Corporation

Pinnacle West Capital is a holding company. Through its subsidiary, Arizona Public Service Company, the company provides either retail or wholesale electric service to most of the State of Arizona, with the exceptions of about one-half of the Phoenix metropolitan area, the Tucson metropolitan area and Mohave County in northwestern Arizona. The company's business segment is its regulated electricity segment, which consists of regulated retail and wholesale electricity businesses (primarily electric service to Native Load customers) and related activities, and includes electricity generation, transmission and distribution.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Charles Fishman

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch