Utilities sector

[EricL]

(02-22-2020, 11:07 AM)fenders53 Wrote: More "on topic"  

Eric, I wanted to thank you again for your website.  It is a very handy resource that I use to check on my all of my utility holdings from time to time.  In addition to your updated narratives, it's a good place to launch to all the company websites and check out earnings call presentations.  I try to review all the quarterly slide decks but I get behind.  Your site makes it easier to catch up.  

I own PPL but didn't really research it properly as it's a small position.  I obviously knew the current yield is quite high, but wasn't aware their div growth rate was lackluster for 10 years or more compared to peers.  I pulled up a chart  with XEL, and PPL has been VERY volatile for many years.  Nothing like a typical utility chart.  I need to do some digging and find out why.  I don't know what their US/UK business mix has been over the years.  Perhaps that is the answer.  XEL was a rough ride as well, but that was way back pre-merger when they were Northern States Power.  Non-stop good things have happened since then.  I will continue to follow a lot of Utes, but for my core positions I think I need rotate to a more "flight to quality" for my core Ute holdings.  I think I'd be less inclined to be trimming  at times like these which may or may not be the new "normal".  I have a feeling the five year periods of extremely low volatility are gone for a long while.  

That said, it's OK for you to buy all of them.  I know you'll help me keep a better eye on them lol.

Thanks for that, I really appreciate the kind words.

My intent with that page is to make it the go-to page for utility investors, and to build it up to rank high in search. So hearing that you are using it like I intended is wonderful.

I've noticed that link clicks to corporate IR have steadily been increasing since I added with the last update, so it's great to hear that you are finding them useful.

I'm always open for feedback, so if you can think of any other useful information that is missing that you'd like added, I'm all ears.

As for PPL, I don't have too much to add. I think the UK portion of the business is a drag and may be what is holding it back. The yield is great, but you're certainly giving up some growth to get it.

I currently own AWK, D, NEE, XEL and WEC for utilities, so I certainly don't own them all. Others that interest me most are probably AEP, DTE, OGE, and SRE, but I don't see any as compelling buys at current prices.

Best,

Eric