Tuesday, December 23, 2014

Hot Trucking Companies To Own In Right Now

Hot Trucking Companies To Own In Right Now: Great Plains Energy Inc (GXP)

Great Plains Energy Incorporated (Great Plains Energy), incorporated on February 26, 2001, is a public utility holding company. The Company does not own or operate any assets other than the stock of its subsidiaries. Great Plains Energys wholly owned direct subsidiaries with operations or active subsidiaries includes Kansas City Power & Light Company (KCP&L), and KCP&L Greater Missouri Operations Company (GMO). The Company is engaged in the business segment of electric utility. The electric utility segment consists of KCP&L, a regulated utility, and GMOs regulated utility operations, which include its Missouri Public Service and St. Joseph Light & Power (L&P) divisions. Electric utility serves approximately 825,300 customers located in western Missouri and eastern Kansas.

KCP&L is an integrated, regulated electric utility that provides electricity to customers in the states of Missouri and Kansas. KCP&L has one active wholly owned subsidiary, Kansas City Power & Light Receivables Company (Receivables Company). GMO is an integrated, regulated electric utility that provides electricity to customers in the state of Missouri. GMO also provides regulated steam service to certain customers in the St. Joseph, Missouri area. GMO wholly owns MPS Merchant Services, Inc. (MPS Merchant), which has certain long-term natural gas contracts remaining from its former non-regulated trading operations.

Customers include approximately 726,100 residences, 96,600 commercial firms, and 2,600 industrials, municipalities and other electric utilities. During the year ended December 31, 2012, electric utilitys retail revenues averaged approximately 90% of its total operating revenues. Wholesale firm power, bulk power sales and miscellaneous electric revenues accounted for the remainder of electric utilitys revenues. During 2012, electric utilitys total electric revenues were 100% of Great Plains Energys revenues. Duri! ng 2012, electric utilitys net income accounted for approximately 108%, of Great Plains Energys income from continuing operations, respectively.

Advisors' Opinion:
  • [By Justin Loiseau]

    As coal prices regain their competitive edge, investors should watch TECO Energy (NYSE: TE  ) , Great Plains Energy (NYSE: GXP  ) , and FirstEnergy (NYSE: FE  ) .

  • [By Justin Loiseau]

    Reeling in rates
    Great Plains Energy (NYSE: GXP  ) shares are up 18.3% in the past year, a sign that something's going right for this Missouri/Kansas utility company. Fiscal 2013 EPS bumped up 8%, but the real gains came from regulation risk reduction. After filing for rate increases in early 2012, Great Plains got the green light from regulators to boost its 2013 prices. On the unregulated front, the utility generates 83% of its electricity from coal and 14% from nuclear power, a (recently revealed) welcome relief from natural gas' rapidly rising prices.

  • source from Top Penny Stocks For 2015:http://www.topstocksforum.com/hot-trucking-companies-to-own-in-right-now.html

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