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Classified in: Oil industry, Business
Subject: INO

Morning Technical Insight on These Electric Utilities Stocks -- Portland General Electric, SCANA, AES Corp., and Xcel Energy


NEW YORK, March 13, 2018 /PRNewswire/ --

WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on POR, SCG, AES, and XEL which can be accessed for free by signing up to www.wallstequities.com/registration. Today, WallStEquities.com revisits the Electric Utilities space, which includes companies that generate, transmit, and distribute electric power. Four stocks have been lined up for review this morning, and they are: Portland General Electric Co. (NYSE: POR), SCANA Corp. (NYSE: SCG), The AES Corp. (NYSE: AES), and Xcel Energy Inc. (NASDAQ: XEL). All you have to do is sign up today for this free limited time offer by clicking the link below.

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Portland General Electric

Oregon headquartered Portland General Electric Co.'s shares rose slightly by 0.59%, finishing Monday's trading session at $39.41. A total volume of 1.02 million shares was traded, which was higher than their three months average volume of 791,620 shares. The stock is trading below its 50-day moving average by 5.40%. Moreover, shares of the Company, which engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon, have a Relative Strength Index (RSI) of 40.19.

On February 27th, 2018, Portland General Electric announced plans to advance Oregon's transition to a clean energy future with new investments in electric transportation for car owners and mass transit riders. The announcement follows the approval of the Company's Transportation Electrification Plan by the Oregon Public Utility Commission. This plan is a transformative strategy that outlines the path toward decarbonizing the electric transportation system.

On March 06th, 2018, research firm Bank of America/ Merrill downgraded the Company's stock rating from 'Neutral' to 'Underperform'. Get the full research report on POR for free by clicking below at: www.wallstequities.com/registration/?symbol=POR

SCANA

On Monday, shares in Cayce, South Carolina-based SCANA Corp. recorded a trading volume of 1.35 million shares, and ended the session 0.13% lower at $39.08. The stock has gained 9.78% in the last month. The Company's shares are trading 3.56% below their 50-day moving average. Furthermore, shares of SCANA, which through its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity to retail and wholesale customers in the US, have an RSI of 46.02.

On February 22nd, 2018, SCANA's Board of Directors declared a regular quarterly dividend of 61 ¼ cents per share on the Company's common stock for the quarter ending March 31st, 2018. The dividend is payable on April 01st, 2018, to shareholders of record at the close of business on March 12th, 2018. To experience our free membership services anytime/ anywhere and access the free report on SCG, click to register at: www.wallstequities.com/registration/?symbol=SCG

AES Corp.

Shares in Arlington, Virginia headquartered The AES Corp. closed at $10.74, down 1.01% from the last trading session. The stock recorded a trading volume of 7.48 million shares. The Company's shares have gained 6.76% in the last month and 0.37% over the previous three months. The stock is trading 1.20% below its 50-day moving average. Additionally, shares of AES Corp., which operates as a diversified power generation and utility company, have an RSI of 50.38.

On March 01st, 2018, AES Corp. announced that it has priced $500 million aggregate principal amount of 4.000% senior notes due 2021 and $500 million aggregate principal amount of 4.500% senior notes due 2023 (together, the "Notes"). The closing of the offering of the Notes is expected to occur, subject to certain customary conditions, on March 15th, 2018 (T + 10). Join our big investor community at Wall St. Equities today and get your free report on AES at: www.wallstequities.com/registration/?symbol=AES

Xcel Energy

Minneapolis, Minnesota-based Xcel Energy Inc.'s stock ended 0.88% higher at $43.66 with a total trading volume of 3.24 million shares. The Company's shares have advanced 2.87% in the last month and 0.37% over the past year. The stock is trading below its 50-day moving average by 2.66%. Furthermore, shares of Xcel Energy, which through its subsidiaries, engages primarily in the generation, purchase, transmission, distribution, and sale of electricity in the US, have an RSI of 48.29.

On February 13th, 2018, research firm Morgan Stanley upgraded the Company's stock rating from 'Equal-Weight' to 'Overweight'.

On February 21st, 2018, Xcel Energy named David Eves, Executive Vice President, Group President ? Utilities, effective March 01st, 2018. Eves will oversee the leadership of the Company's operating companies, a responsibility held by Marvin McDaniel Jr., who previously announced his retirement. Eves currently serves as president of Xcel Energy ? Colorado and will continue in both roles at this time. Know more about XEL in our free research coverage at: www.wallstequities.com/registration/?symbol=XEL

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