-0.41%
-4.79%
-10.76%
-14.35%
0.17%
-21.89%
-33.01%
AI Spotlight on POR
Company Description
Portland General Electric Company, an integrated electric utility company, engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon.It operates six thermal plants, three wind farms, and seven hydroelectric facilities.As of December 31, 2021, the company owned an electric transmission system consisting of 1,274 circuit miles, including 287 circuit miles of 500 kilovolt line, 415 circuit miles of 230 kilovolt line, and 572 miles of 115 kilovolt line.
It has 28,206 circuit miles of distribution lines.The company also purchases and sells wholesale natural gas in the United States and Canada.It serves approximately 917 thousand residential, commercial, and industrial customers in 51 cities.
The company was founded in 1889 and is headquartered in Portland, Oregon.
Market Data
| Last Price | 41.14 |
| Change Percentage | -0.41% |
| Open | 41.21 |
| Previous Close | 41.31 |
| Market Cap ( Millions) | 4338 |
| Volume | 1393621 |
| Year High | 49.85 |
| Year Low | 39.14 |
| M A 50 | 44.09 |
| M A 200 | 45.34 |
Financial Ratios
| FCF Yield | -13.97% |
| Dividend Yield | 4.80% |
| ROE | 9.88% |
| Debt / Equity | 130.55% |
| Net Debt / EBIDTA | 439.22% |
| Price To Book | 1.18 |
| Price Earnings Ratio | 12.46 |
| Price To FCF | -7.16 |
| Price To sales | 1.35 |
| EV / EBITDA | 8.44 |
News
- Jan -24 - Portofino Proposes to Issue Shares for Debt
- Jan -14 - Portland General Electric schedules earnings release and conference call for Friday, February 14
- Jan -08 - Retire in Comfort: 3 Utility Stocks That Keep Your Paychecks Flowing
- Dec -21 - PGE receives decision from Oregon Public Utility Commission in 2025 rate review
- Dec -03 - Avangrid, Portland General Electric Ink PPA for 120MWac Solar Project
- Dec -02 - Avangrid and Portland General Electric Collaborate with QTS and Meta to Build 120 MWac Solar Project in Oregon
- Nov -19 - POR vs. CNP: Which Stock Is the Better Value Option?
- Nov -13 - Portland General Electric's new wind farm contributes to record-high wind generation for Oregon customers
- Oct -26 - Portland General Electric Company (POR) Q3 2024 Earnings Call Transcript
- Oct -25 - Portland General Electric (POR) Beats Q3 Earnings and Revenue Estimates
- Oct -25 - Portland General Electric Announces Third Quarter 2024 Results
- Oct -25 - Portofino Applies for Extension of Warrants
- Oct -18 - Portland General Electric declares dividend
- Oct -08 - Portofino Reports on Corporate Activities
- Sep -25 - Portland General Electric schedules earnings release and conference call for Friday, October 25
- Sep -14 - 3 Incredibly Cheap Dividend Stocks With Yields Up to 7%!
- Aug -12 - 7 Stable Dividend Stocks to Scoop Up on Discount
- Jul -26 - Portland General Electric (POR) Surpasses Q2 Earnings and Revenue Estimates
- Jul -26 - Portland General Electric Announces Second Quarter 2024 Results
- Jul -19 - Portland General Electric declares dividend
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Residential
Expected Growth : 4.5 %
What the company do ?
Residential from Portland General Electric Company refers to electricity services provided to individual homes and apartments in Oregon, offering competitive rates and energy efficiency programs.
Why we expect these perspectives ?
The 4.5% growth in Portland General Electric Company's Residential segment is driven by increasing demand for electricity due to population growth, urbanization, and rising adoption of electric vehicles. Additionally, energy efficiency initiatives, grid modernization, and favorable weather patterns contribute to the growth.
Segment n°2 -> Commercial
Expected Growth : 4.2 %
What the company do ?
Portland General Electric Company's commercial promotes renewable energy, highlighting their commitment to sustainability and reducing carbon footprint.
Why we expect these perspectives ?
Portland General Electric Company's 4.2% growth is driven by increasing demand for renewable energy, favorable weather conditions, and strategic investments in grid modernization. Additionally, the company's focus on energy efficiency programs and customer growth initiatives have contributed to its growth. Furthermore, the company's diversified customer base and stable regulatory environment have provided a solid foundation for its growth.
Segment n°3 -> Wholesale
Expected Growth : 3.8 %
What the company do ?
Wholesale from Portland General Electric Company refers to the bulk sale of electricity to other utilities, cooperatives, or municipalities for resale to their customers.
Why we expect these perspectives ?
The 3.8% growth in wholesale from Portland General Electric Company is driven by increasing demand for renewable energy, favorable weather conditions, and strategic investments in grid modernization. Additionally, the company's focus on energy efficiency programs and competitive pricing strategies have contributed to the growth.
Segment n°4 -> Industrial
Expected Growth : 4.8 %
What the company do ?
The Industrial segment from Portland General Electric Company provides electricity to industrial customers, including manufacturers, oil refineries, and other industrial facilities.
Why we expect these perspectives ?
Portland General Electric Company's Industrial segment growth of 4.8% is driven by increasing demand for electricity from data centers and cloud computing, expansion of manufacturing facilities, and growth in the aerospace industry. Additionally, investments in grid modernization and renewable energy sources contribute to the segment's growth.
Segment n°5 -> Other Operating Revenues
Expected Growth : 4.0 %
What the company do ?
Other Operating Revenues from Portland General Electric Company refers to income generated from non-core business activities, such as sales of excess energy, transmission revenues, and other miscellaneous sources.
Why we expect these perspectives ?
Portland General Electric Company's 4.0% growth in Other Operating Revenues is driven by increasing demand for renewable energy solutions, strategic partnerships, and expansion of energy storage services. Additionally, the company's focus on grid modernization and infrastructure upgrades has led to higher revenue from transmission and distribution services.
Segment n°6 -> Direct Access Customers
Expected Growth : 4.1 %
What the company do ?
Direct Access Customers from Portland General Electric Company refers to commercial and industrial customers who purchase electricity directly from the wholesale market, bypassing the utility's retail rates.
Why we expect these perspectives ?
Portland General Electric Company's 4.1% growth in Direct Access Customers is driven by increasing commercial and industrial demand for renewable energy, favorable regulatory policies, and competitive pricing strategies. Additionally, the company's investments in grid modernization and customer engagement initiatives have improved customer satisfaction, leading to increased adoption of direct access programs.
Segment n°7 -> Alternative Revenue Programs, Net of Amortization
Expected Growth : 4.3 %
What the company do ?
Alternative Revenue Programs, Net of Amortization from Portland General Electric Company refers to the revenue generated from non-traditional sources, excluding amortization costs.
Why we expect these perspectives ?
Portland General Electric Company's 4.3% growth in Alternative Revenue Programs, Net of Amortization, is driven by increasing adoption of renewable energy sources, favorable regulatory policies, and strategic investments in grid modernization and energy storage. Additionally, the company's focus on energy efficiency programs and demand response initiatives contribute to this growth.
Segment n°8 -> Other Accrued (Deferred) Revenues, Net
Expected Growth : 4.4 %
What the company do ?
Other Accrued (Deferred) Revenues, Net from Portland General Electric Company represents the excess amount of revenue received but not yet earned, reported on the balance sheet.
Why we expect these perspectives ?
Portland General Electric Company's 4.4% growth in Other Accrued (Deferred) Revenues, Net is driven by increasing demand for electricity, favorable weather conditions, and effective cost management. Additionally, the company's investments in grid modernization and renewable energy sources have contributed to the growth. Furthermore, regulatory approvals and rate adjustments have also supported the revenue increase.
Portland General Electric Company Products
| Product Range | What is it ? |
|---|---|
| Electricity | Portland General Electric Company generates, transmits, and distributes electricity to residential, commercial, and industrial customers. |
| Renewable Energy | PGE offers renewable energy options, including wind and solar power, to customers who want to reduce their carbon footprint. |
| Energy Efficiency Programs | PGE provides energy-efficient solutions and incentives to help customers reduce energy consumption and lower their bills. |
| Smart Grid Services | PGE's advanced grid management system enables real-time monitoring and control of the electrical grid, improving reliability and efficiency. |
| Electric Vehicle Charging Infrastructure | PGE offers electric vehicle charging stations and infrastructure solutions for residential, commercial, and public use. |
Portland General Electric Company's Porter Forces
Threat Of Substitutes
The threat of substitutes for Portland General Electric Company is medium due to the availability of alternative energy sources such as solar and wind power.
Bargaining Power Of Customers
The bargaining power of customers for Portland General Electric Company is low due to the lack of alternative energy providers in the region.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Portland General Electric Company is medium due to the dependence on a few large suppliers for fuel and equipment.
Threat Of New Entrants
The threat of new entrants for Portland General Electric Company is low due to the high barriers to entry in the energy industry, including regulatory hurdles and high capital costs.
Intensity Of Rivalry
The intensity of rivalry for Portland General Electric Company is high due to the presence of several competitors in the region, including Pacific Power and Idaho Power.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 55.57% |
| Debt Cost | 4.67% |
| Equity Weight | 44.43% |
| Equity Cost | 6.78% |
| WACC | 5.61% |
| Leverage | 125.07% |
Portland General Electric Company : Quality Control
Portland General Electric Company passed 1 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| AGR | Avangrid, Inc., an energy services holding company, engages in the regulated energy transmission and distribution, and renewable energy generation businesses in the United States. The company operates through Networks and … |
| OGE | OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider that offers physical delivery and related services for electricity, natural gas, crude oil, and natural … |
| PNW | Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. The company engages in the generation, transmission, … |
| EVRG | Evergy, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in Kansas and Missouri, the United States. It generates electricity through coal, hydroelectric, landfill … |
| PPL | PPL Corporation, a utility holding company, delivers electricity and natural gas in the United States and the United Kingdom. The company operates through two segments: Kentucky Regulated and Pennsylvania Regulated. … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
🥇
Avangrid
A-Score
1-Year Total Return ->
🥈
OGE Energy
A-Score
1-Year Total Return ->
🥉
Evergy
A-Score
1-Year Total Return ->
4
PGE
A-Score
1-Year Total Return ->
5
Pinnacle West Capital
A-Score
1-Year Total Return ->
6
