Madam Chairman - We Have a Quorum
We are reaffirming our fair value estimates for Dominion Energy ($85), Duke Energy ($86) and The Southern Company ($50) after the U.S. Senate confirmed Neil Chatterjee and Robert Powelson to fill two of the four vacancies on the Federal Energy Regulatory Commission, or FERC. The two Republicans join acting Chairman Cheryl LaFleur, a Democrat, bringing a quorum to FERC that was lacking one since the departure of Norman Bay in February.We now believe it is likely that the Final Order approving th...
Southern is a holding company. Through its subsidiaries, Alabama Power Company, Georgia Power Company, and Mississippi Power Company, the company is engaged in the generation, transmission, distribution, and purchase of electricity and the sale of electric service in Alabama, Georgia, and Mississippi. The company's Southern Power Company subsidiary develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects, and sells electricity at market-based rates in the wholesale market. The company's Southern Company Gas subsidiary is an energy services holding company whose primary business is the distribution of natural gas in Illinois, Georgia, Virginia, and Tennessee.
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.
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