Top Oil Service Stocks To Watch For 2015

Top Oil Service Stocks To Watch For 2015: Public Service Enterprise Group Incorporated(PEG)

Public Service Enterprise Group Incorporated, through its subsidiaries, operates in the energy industry primarily in the northeastern and mid Atlantic United States. The company primarily operates as a wholesale energy supply company that integrates its generating asset operations through its wholesale energy, fuel supply, energy trading, and marketing and risk management activities. It operates nuclear, coal, gas, and oil-fired generation facilities. The company also involves in the transmission of electricity and distribution of electricity and natural gas to residential, commercial, and industrial customers, as well as invests in the development of solar generation projects and energy efficiency programs. In addition, it owns and operates domestic projects engaged in the generation of energy; and offers appliance services and repairs to customers. As of December 31, 2010, it owned approximately 13,538 megawatts of generation capacity. The company also owned and operated approximately 17,608 miles of gas mains, 12 gas distribution headquarters, and 2 subheadquarters, as well as 62 natural gas metering and regulating stations. Public Service Enterprise Group was founded in 1985 and is based in Newark, New Jersey.

Advisors' Opinion:

• [By Garrett Cook]

  Utilities shares dropped 0.78 percent in today’s trading. Top decliners in the sector included Companhia de Saneamento Basico do Estado de Sao Paulo (NYSE: SBS), down 1.7 percent, and Public Service Enterprise Group (NYSE: PEG), off 1.9 percent.

• [By Richard Stavros]

  Wells Fargo continues to show all of the hallmarks of what value investors seek. The bank boasts a price-to-earnings-to-growth ratio (PEG) of under one (which means it is fairly valued), while also sporting a dividend of 2.79% and low payout ratio of 57%, indicating the dividend has room to grow.

• [By Sha! una O'Brien]

  Jefferies announced on Tuesday that it has upgraded Public Service Enterprise Group Inc. (PEG).

  The firm has lifted its rating on PEG from “Hold” to “Buy,” and has raised the company’s price target from $36 to $37. This price target suggests a 12% increase from the stock’s current price of $32.42.

  Analyst Paul Fremont commented: “We are upgrading to Buy based on the improving outlook for regulatory approval of the company’s “Energy Strong” capital spending program.

  “Each $1.0 billion of incremental spending will add an estimated $0.10 to PEG’s earnings. We assume that incremental spending is funded by debt and by incremental cash expected from the increasing gas basis differential between the Leidy hub and New Jersey. Our new estimates are considerably higher than consensus in 2014-16.”

  Public Service Enterprise Group shares were mostly flat during pre-market trading Tuesday. The stock is up 6% YTD.

• [By Jake L'Ecuyer]

  Leading and Lagging Sectors
  Utilities sector surged 0.26%, saw CPFL Energia SA (NYSE: CPL) as the top gainer. Among leading sector stocks, gains came from Consolidated Water Co (NASDAQ: CWCO), Companhia Paranaense de Energia (NYSE: ELP) and Public Service Enterprise Group (NYSE: PEG).

source from Top Penny Stocks For 2015:http://www.topstocksforum.com/top-oil-service-stocks-to-watch-for-2015.html