- The document provides an utilities weekly update from Jenna Ecker and Ashley Boecker including performance charts and analyses of 6 utilities companies: CenterPoint Energy, Duke Energy, Northeast Utilities, ONEOK, Sempra Energy, and Wisconsin Energy. Key information on each company's business operations, recent news, catalysts, and technical trading data is summarized. The utilities sector saw large inflows of shares the prior week according to the XLU ETF analysis.

1. Jenna Ecker
Ecke0204@d.umn.edu
Ashley Boecker
Boeck065@d.umn.edu
Utilities Weekly Update
November 22, 2013
120
100
80
S&P500
60
XLU
40
20
0
5D
3M
6M
1Y
5Y
YTD
-20
S&P 500
XLU
Ticker
CNP
DUK
NU
OKE
SRE
WEC
Close
$24.57
$71.13
$42.18
$58.95
$89.49
$42.20
5D
.75
-1.85
Market Cap
10.09B
49.92
13.10 B
12.16B
21.55B
9.44B
3M
8.79
3.02
P/E (ttm)
30.48
20.76
16.78
43.17
21.74
18.05
XLU News

Looking Friday at week-over-week
shares outstanding changes, the
largest inflow was seen in the
Utilities Sector which added 10.2
million shares equaling a 7.6%
increase week over week. Among the
largest underlying components of
XLU, in trading Friday Duke Energy
(DUK) is up about 0.2%.
6M
8.58
0.34
F P/E
18.05
15.47
15.32
29.74
19.54
16.21
52W Range
18.79-25.65
61.04-75.46
37.70-45.66
39.39-59.51
65.74-93.00
36.16-45.00
1Y
28.17
11.56
EPS (ttm)
0.77
3.41
2.48
1.37
4.05
2.31
5Y
101.12
27.86
Dividend
0.83
3.12
1.47
1.52
2.52
1.53
YTD
23.25
8.3
Ex-Dividend Date
November 13, 2013
November 13, 2013
September 12, 2013
October 31, 2013
September 25, 2013
November 12, 2013

2. Jenna Ecker
Ecke0204@d.umn.edu
Ashley Boecker
Boeck065@d.umn.edu
Utilities Weekly Update
November 22, 2013
CenterPoint Energy (CNP)
Ticker
Close
Market Cap
P/E (ttm)
F P/E
52W Range
EPS (ttm)
Dividend
CNP
$24.57
10.09B
30.48
18.05
18.79-25.65
0.77
0.83
Catalysts
CenterPoint Energy owns a
portfolio of energy-related
businesses. Its regulated electric
utility provides service in the
Texas Gulf Coast that includes the
city of Houston. The company has
natural gas distribution systems in
six states, including the cities of
Houston and Minneapolis, and
owns two interstate natural gas
pipelines. CenterPoint's field
services business gathers and
processes natural gas in the
midcontinent region and its
natural gas marketing business
has more than 11,000 commercial
and industrial customers.




Ex-Dividend Date
November 13, 2013
Next Earnings date:
February 24, 2014
Planned and Potential Rate Cases
Midstream Investment Activity
Attractive and Balanced Portfolio
Advanced Meter Technology
Businesses:

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News

CNP, OGE and ArcLight Capital Partners, LLC
announced today that Enable Midstream
Partners, LP has filed a registration
statement related to the proposed IPO of
its common units representing limited
partner interests. The offering is expected
to occur in the first quarter of 2014.
Electric Transmission &
Distribution
Natural Gas Distribution
Interstate Pipelines
Field Services
Competitive Natural
Gas Sales and Services
Technical Analysis
CNP shares have traded
between a low of $18.79 and
a high of $25.65 and are now
at $24.57, which is 26%
above that low price.

3. Jenna Ecker
Ecke0204@d.umn.edu
Ashley Boecker
Boeck065@d.umn.edu
Utilities Weekly Update
November 22, 2013
Duke Energy (DUK)
Ticker
Close
Market Cap
P/E (ttm)
F P/E
52W Range
EPS (ttm)
Dividend
DUK
$71.13
49.92
20.76
15.47
61.04-75.46
3.41
3.12
Catalysts
Duke Energy provides electric and gas
services in a sustainable way. They are
the largest electric power holding
company in the United States, supplying
and delivering energy to approximately
7.2 million U.S. customers. They have
approx. 57,700 megawatts of electric
generating capacity in the Carolinas, the
Midwest and Florida – and natural gas
distribution services in Ohio and
Kentucky. Their commercial and
international businesses own and
operate diverse power generation
assets in North America and Latin
America, including a portfolio of
renewable energy assets.
Ex-Dividend Date
November 13, 2013
Next Earnings date:
February 10, 2014




Increasing Renewable Investments
Economic Development
Pending Rate Cases
Continued Dividend Growth
Subsidiaries:
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News


Beginning December 1, 2013 DUK Progress
Customers in North Carolina will pay less
for electricity. The decrease amounts to
$2.12 which is nearly 2 percent per month.
DUKE Carolinas, LLC, has filed a new
renewable energy program with the NCUC.
This is an experimental program designed
to give energy-intensive customers the
option of offsetting some or all of their
energy consumption from new load- with
renewable energy.
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

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Franchised Electric &
Gas Services
Duke Energy
Renewables
Telecommunications
Duke Energy
Commercial
Transmission
Commercial Power
International
Duke Energy Retail
Technical Analysis
Over the past week, the 200d MA has remained constant
while the 50d-MA has
advanced 0.5%.

4. Jenna Ecker
Ecke0204@d.umn.edu
Ashley Boecker
Boeck065@d.umn.edu
Utilities Weekly Update
November 22, 2013
Northeast Utilities (NU)
Ticker
Close
Market Cap
P/E (ttm)
F P/E
52W Range
EPS (ttm)
Dividend
NU
$42.18
13.10 B
16.78
15.32
37.70-45.66
2.48
1.47
Catalysts



Northeast Utilities operates New
England’s largest utility system
serving more than 3.6 million
electric and natural gas customers
in Connecticut, Massachusetts
and New Hampshire. NU operates
six subsidiaries: Connecticut Light
& Power, NSTAR Electric & Gas,
NU Transmission, Public Service
of New Hampshire, Western
Massachusetts Electric Co. and
Yankee Gas Services Company.
Their overall company vision can
be summed up by three words:
Energy, Growth, and Leadership.
Ex-Dividend Date
September 12, 2013
Next Earnings date:
February 17, 2014
Transmission Projects (NEEWS)
Massive Distribution Expansion
Constant Dividend Growth
Subsidiaries:
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News


Northeast Utilities is up o.1% since reporting
quarterly results 3 weeks ago. Consensus
expected earnings of $0.73 on sales of $1.8
billion. The company actually reported EPS of
$0.69 on sales of $1.9 billion, missing EPS
estimates by $0.04 and beating revenue
estimates by $120.0 million.

Connecticut Light and
Power
NSTAR Electric & Gas
Public Service of New
Hampshire
Western Massachusetts
Electric Company
Yankee Gas
Technical Analysis
NU may find its initial
support at its 200d MA of
42.50 and further support at
its 50d MA of $41.89.

5. Jenna Ecker
Ecke0204@d.umn.edu
Ashley Boecker
Boeck065@d.umn.edu
Utilities Weekly Update
November 22, 2013
ONEOK (OKE)
Ticker
Close
Market Cap
P/E (ttm)
F P/E
52W Range
EPS (ttm)
Dividend
OKE
$58.95
12.16B
43.17
29.74
39.39-59.51
1.37
1.52
Catalysts
Originally founded in 1906 as an
intrastate natural gas pipeline
business in Oklahoma, today ONEOK
is one of the nation's premier energy
companies involved in the natural
gas and natural gas liquids
businesses. Its business segments
provide safe, reliable energy and
services to their diverse customers.
By following a strategy that blends
the performance and profitability of
all of the segments, ONEOK's
balanced business mix enables it to
deliver sustainable earnings growth
for shareholders. ONEOK’s
success is driven by employees who
strive to better not only their
company but also the communities in
which they live.



Ex-Dividend Date
October 31, 2013
Next Earnings date:
February 24, 2014
Organic Growth Projects
Increasing demand for NGL’s
New entity ONE Gas
Subsidiaries:
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Oklahoma Natural Gas
Kansas Gas Service
Texas Gas Service
News

Shares of OKE surged 2.47% on Friday and hit
a new 52 week high of $59.03. A total of 1.35
million shares were traded, which is above
the daily average volume of 1.25 million. OKE
has outperformed the S&P 500 for the past
three months.
Technical Analysis
Over the past week, the 200d
MA has gone up 0.5% while
the 50d MA has advanced
1.1%. It is currently 50%
above its YTD low.

6. Jenna Ecker
Ecke0204@d.umn.edu
Ashley Boecker
Boeck065@d.umn.edu
Utilities Weekly Update
November 22, 2013
Sempra Energy (SRE)
Ticker
Close
Market Cap
P/E (ttm)
F P/E
52W Range
EPS (ttm)
Dividend
SRE
$89.49
21.55B
21.74
19.54
65.74-93.00
4.05
2.52
Catalysts
Sempra Energy SRE was founded
in 1998 and is headquartered in
San Diego, California. It serves one
of the largest utility customer
bases in the U.S., distributing
natural gas and electricity to
customers in Southern California.
Its SoCalGas and San Diego Gas
and Electric divisions distribute
gas to more than 20 million
customers. The firm's nonCalifornia affiliates own and
operate merchant power plants,
operate LNG facilities, and
manage gas pipelines in the
U.S. and Latin America, as well
as gas and electric utilities.



Ex-Dividend Date
September 25, 2013
Next Earnings date:
February 24, 2014
Focus on renewable and alternative energy
Growth through emerging markets
Investment in Infrastructure
Subsidiaries:
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News


Sempra is one of today’s biggest movers, down
1.6% to $87.92. Sempra has potential upside of
8.1% based on their current price.
SDG&E is issuing free appliance safety checks to
all their customers before winter arrives and is
highly recommending safety precautions to
customers before they dig.
San Diego Gas & Electric
Southern California Gas
Co.
Sempra U.S. Gas &
Power
Sempra International
LNG
Technical Analysis
SRE’s is trading 34% above its 52
week low. In the last 5 trading
sessions, the 50d MA has
climbed 0.3% while the 200d MA
has risen 0.2%.

7. Jenna Ecker
Ecke0204@d.umn.edu
Ashley Boecker
Boeck065@d.umn.edu
Utilities Weekly Update
November 22, 2013
Wisconsin Energy (CNP)
Ticker
Close
Market Cap
P/E (ttm)
F P/E
52W Range
EPS (ttm)
Dividend
WEC
$42.20
9.44B
18.05
16.21
36.16-45.00
2.31
1.53
Catalysts
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
Wisconsin Energy Corporation, through
its subsidiaries, generates and
distributes electric energy, as well as
distributes natural gas. The company
operates in two segments, Utility Energy
and NonUtility Energy. It generates
electricity from coal, natural gas, wind,
biomass, and hydro sources. The
company provides electric utility
services to customers in the mining,
paper, foundry, food products, and
machinery production industries, as well
as to the large retail chains, municipally
owned systems, rural cooperatives, and
municipal joint action agencies; and gas
utility services to the paper, food
products, and fabricated metal products
industries.


Ex-Dividend Date
November 12, 2013
Next Earnings date:
February 6, 2014
Stable EPS growth
Increasing dividend growth and payout
ratio
Infrastructure investment to maintain
the highest level of reliability
Renewable standards portfolio growth
Subsidiaries:
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We Energies
W.E. Power, LLC
WISPARK, LLC
News


Today WEC crossed their pivot point
support at $41.70. Should the shares
continue to fall, the support pivots of
$41.51 and $40.99 will be of interest.
We Energies has received the 2013
Reliability One national award for superior
reliability of its electric system.
Technical Analysis
Over the last five market
days, the 200d MA has
remained constant while
the 50d MA has advanced
0.3%.