How power companies are keeping your lights on during the pandemic [Los Angeles Times (CA)]
The AES Corporation (AES)
Last the aes corporation earnings: 2/28 06:00 am
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Source: Los Angeles Times
The American power grid has been described as the world’s biggest machine — and the people who run that machine say they’re prepared to keep the lights on as the coronavirus pandemic spreads. Disaster planning is baked into the DNA of electric and gas utilities, which regularly deal with hurricanes, earthquakes, cyberattacks and other disruptions that threaten to disable critical infrastructure. That doesn’t mean responding to COVID-19 will be easy. But it does mean utilities have plans in place to keep supplying reliable electricity and gas while the crisis plays out. “Say what you will about the utility industry — they’re pretty good about contingency planning,” said Stephen Berberich, president of the California Independent System Operator, which manages the electric grid for most of the state. “Things are changing quickly, and we’re doing our best to adapt to changing conditions. But I have every confidence in our people and our technology.” The power sector started developing mor
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AES
News
- The AES Co. (NYSE: AES) is now covered by analysts at Mizuho. They set a "buy" rating and a $21.00 price target on the stock.MarketBeat
- United States Power Ancillary Service Markets, 2018-2023 and 2024-2028: Increasing Role of AI and Advanced Analytics, Decentralization and Distributed Energy Resources Integration [Yahoo! Finance]Yahoo! Finance
- AES: A Value Play With An Upside [Seeking Alpha]Seeking Alpha
- The AES Co. (NYSE: AES) had its "outperform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $22.00 price target on the stock.MarketBeat
- Buy-rated and sell-rated stocks within the Utilities sector - Citi [Seeking Alpha]Seeking Alpha
AES
Earnings
- 2/26/24 - Beat
AES
Sec Filings
- 4/15/24 - Form 4
- 4/10/24 - Form SC
- 3/14/24 - Form ARS
- AES's page on the SEC website