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RBC Capital has updated its price target for PPL Corporation, raising it from $35 to $36.
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Pembina Pipeline Corporation is targeting a final investment decision (FID) for its proposed Project Greenlight electricity centre near the end of the second quarter of 2027.
Evergy is set to report Q3 2026 earnings on Nov. 5 with expected EPS growth of 13.30% and revenue growth of 4.71%. The company is anticipated to benefit from customer growth, data center agreements, and rising electricity demand, though higher operating costs may pose headwinds. Peer utilities Duke Energy, Southern Company, and PPL Corporation are also expected to report earnings beats.
ONE Gas (OGS) reported third-quarter 2026 adjusted EPS of 53 cents, beating consensus estimates by 10.42%, with revenues growing 3.2% year-over-year. The company raised its 2026 full-year earnings guidance to $4.95-$5.01 per share from $4.89-$4.95, driven by new rate approvals across its service territories and residential customer growth. Operating income surged 18.4% while the company maintains approximately $800 million in planned capital investments for 2026.
Pinnacle West Capital (PNW) reported Q3 2026 earnings of $3.49 per share, beating consensus estimates of $3.40, with revenues rising 8.3% to $1.97 billion. Operating income grew 6.7% driven by higher electricity sales, favorable weather, and customer growth. The company maintains 2026 EPS guidance of $5.05-$5.25 and projects 8-10% weather-normalized retail sales growth.
PPL Corporation is expected to report Q3 2026 earnings of 53 cents per share (up 10.42% YoY) and revenues of $2.44 billion (up 8.91% YoY) on November 6. The company benefits from a $23 billion capital investment plan, favorable rate increases in Pennsylvania and Rhode Island, and growing data-center demand. However, PPL trades at a premium valuation (17.31X forward P/E vs. 16.54X industry average) and faces headwinds from higher operating expenses.
The Tsartlip First Nation has filed a judicial review application in Federal Court challenging the Canadian government's decision to fast-track the review process for the proposed Pacific Link oil pipeline.