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Stock impact report

Entergy: Growth Remains Intact With Its 3-Year $12 Billion Capital Projects [Seeking Alpha]

WEC Energy Group, Inc. (WEC) 
Last wec energy group, inc. earnings: 1/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: wecenergygroup.com/invest/investor.htm
Company Research Source: Seeking Alpha
SummaryEntergy produces electric power and distributes electricity to 2.6 million customers in Arkansas, Louisiana, Mississippi and Texas.The company has a rich development pipeline that should help support its EPS growth of 5-7% annually through 2022.Entergy pays a growing 3.8%-yielding dividend and has the potential to deliver a return of 22.3% by the end of 2021.Investment ThesisEntergy (NYSE:ETRRecent Developments: Q4 2019 HighlightsEntergy delivered a good Q4 2019 as the company saw its adjusted earnings increased by $9 million to $137 million. For the whole year, its adjusted earnings increased to $1.064 billion from $970 million in 2018. This represented a growth rate of 9.7% year over year.Source:Q4 2019 EarningsEarnings and Growth Analysis$12 billion projects through 2022 to support its growthEntergy currently has a 3-year $12 billion capital projects to support its EPS growth. These projects include a combination of conventional power generation projects and renewable projec Show less Read more
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