Tag Archives: NRE

Hot Undervalued Stocks To Watch Right Now

Bitcoin prices tumbled after news of yet another major crypto theft broke June 10.

Week after week in 2018, cryptocurrency investors have been hit by a stream of negative headlines about increasing regulation and cryptocurrency-related thefts, hacks and scams. But even in a market that's known for its volatility, the negative headlines don’t seem to be inducing as much extreme volatility as they have in the past.

Volatility Draining

Last month, a study by the Anti-Phishing Working Group revealed that a staggering $1.2 billion in cryptocurrency has been stolen in the past year alone, not including the 30 percent of digital currency recently stolen from Coinrail. Bitcoin prices initially dipped 10 percent in response to the news. But if the reaction seemed relatively muted compared to the volatile swings of late 2017, there may be good reason.

The price chart below of the NYSE Bitcoin Index is a measure of the 10-day standard deviation of the index. Standard deviation is a measure of market volatility that indicates the amount of variability an asset’s price has in relation to its average price.

 

 

Hot Undervalued Stocks To Watch Right Now: WhiteHorse Finance, Inc.(WHF)

WhiteHorse Finance, Inc. (WhiteHorse Finance), incorporated on December 28, 2011, is an externally managed, non-diversified, closed-end management investment company that has elected to be treated as a business development company. The Company is also elected to be treated as a regulated investment company, or RIC.

The Company is a direct lender targeting debt investments in privately held, small-cap companies located in the United States. The Company defines the small-cap market as those companies with enterprise values between $50 million and $350 million. Its investment objective is to generate risk-adjusted returns primarily by originating and investing in senior secured loans, including first lien and second lien facilities, to performing small-cap companies across a range of industries that typically carry a floating interest rate based on the London Interbank Offered Rate (LIBOR), and have a term of three to six years.

WhiteHorse Finance invests primarily in securities that are rated below investment grade by rating agencies or that may be rated below investment grade if they were so rated. Below investment grade securities, which are often referred to as ‘junk’ bonds, are viewed as speculative investments because of concerns with respect to the issuer’s capacity to pay interest and repay principal. As of December 31, 2014, the Company’s investment portfolio consisted primarily of senior secured loans across 37 positions in 31 companies with an aggregate fair value of approximately $403.5 million.

The Company’s investment activities are managed by its investment adviser, WhiteHorse Advisers, LLC (WhiteHorse Advisers). WhiteHorse Advisers is an affiliate of H.I.G. Capital and is responsible for sourcing investments, conducting research and diligence on prospective investments and equity sponsors, analyzing investment opportunities, structuring its investments and monitoring its investments in portfolio companies on an ongoing basis.

Advisors’ Opinion:

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on WhiteHorse Finance (WHF)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Logan Wallace]

    Get a free copy of the Zacks research report on WhiteHorse Finance (WHF)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Joseph Griffin]

    WhiteHorse Finance Inc (NASDAQ:WHF) announced a quarterly dividend on Monday, September 10th, Wall Street Journal reports. Investors of record on Tuesday, September 18th will be given a dividend of 0.355 per share by the investment management company on Wednesday, October 3rd. This represents a $1.42 dividend on an annualized basis and a yield of 9.82%. The ex-dividend date is Monday, September 17th.

Hot Undervalued Stocks To Watch Right Now: Concord Medical Services Holdings Limited(CCM)

Concord Medical Services Holdings Limited, incorporated on November 27, 2007, is engaged in the leasing of radiotherapy and diagnostic imaging equipment, the provision of management services to hospitals. The Company is also engaged in hospital operations. The Company’s segments are network and premium cancer hospital. The Company operates a network of radiotherapy and diagnostic imaging centers in China. Its network consists of approximately 130 cooperative centers based in over 70 hospitals, spanning approximately 60 cities across 25 provinces and administrative regions in China. The Company’s network includes approximately 60 radiotherapy centers and over 60 diagnostic imaging centers and approximately seven centers that provide other treatment and diagnostic services, such as electroencephalography for the diagnosis of epilepsy, thermotherapy to increase the efficacy of and for pain relief after radiotherapy and chemotherapy, high intensity focused ultrasound therapy for the treatment of cancer, stereotactic radiofrequency ablation for the treatment of Parkinson’s Disease and refraction and tonometry for the diagnosis of ophthalmic conditions.

The Company’s cooperative centers are equipped with a primary unit of medical equipment, such as a linear accelerator, head gamma knife system, body gamma knife system, positron emission tomography-computed tomography (PET-CT) scanner or magnetic resonance imaging (MRI) scanner. In addition to its cooperative centers, the Company is in the process of establishing specialty cancer hospitals that will focus on providing radiotherapy services, as well as diagnostic imaging services, chemotherapy and surgery. The Company owns approximately 30 linear accelerators and approximately 34 gamma knife systems, including over 22 head gamma knife systems and approximately 12 body gamma knife systems. It also owns approximately 20 PET-CT scanners and over 20 MRI scanners. The Company provides management services to radiotherapy and diagnostic imaging centers ! under service-only agreements. It also provides technical services to radiotherapy and diagnostic imaging centers under technical service agreements. The Company, through Concord Cancer Hospital, provides oncology as its main service, including medical oncology and surgical oncology, in Singapore.

The Company competes with China Renji Medical Group Ltd. and Jiancheng Investment Co.

Advisors’ Opinion:

  • [By Max Byerly]

    Get a free copy of the Zacks research report on Concord Medical Services (CCM)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Max Byerly]

    Get a free copy of the Zacks research report on Concord Medical Services (CCM)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Max Byerly]

    Get a free copy of the Zacks research report on Concord Medical Services (CCM)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Max Byerly]

    Get a free copy of the Zacks research report on Concord Medical Services (CCM)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Hot Undervalued Stocks To Watch Right Now: Conn's, Inc.(CONN)

Conn’s, Inc. (Conn’s), incorporated on January 15, 2003, is a specialty retailer that offers a selection of consumer goods and related services in addition to a credit solution for its core credit constrained consumers. The Company operates through two segments: retail and credit. Its product offerings include furniture and mattresses, home appliances, consumer electronics and home office products. Its credit offering provides financing solutions to credit constrained consumers having limited banking options. It operates in approximately nine regional distribution centers located in Houston, San Antonio, Dallas, Beaumont, El Paso and McAllen, Texas; Phoenix, Arizona; Denver, Colorado and Charlotte, North Carolina; over 10 smaller cross-dock facilities, and approximately 20 stores with cross-dock facilities. The Company operates its business through its retail stores and Website.

Retail

The Company operates approximately 100 retail stores located in over 10 states. Its primary retail product categories include Furniture and mattress, including furniture and related accessories for the living room, dining room and bedroom, as well as both traditional and specialty mattresses, and offers such brands as Franklin, Catnapper, Serta, Sealy and Tempur-Pedic; Home appliance, including refrigerators, freezers, washers, dryers, dishwashers and ranges, and offers such brands as Samsung, LG, General Electric and Frigidaire; Consumer electronics, including liquid-crystal-display (LED), organic LED (OLED), Ultra high definition (HD) and Internet-ready televisions, Blu-ray players, home theater and portable audio equipment, and offers such brands as Samsung, LG, Sharp, Sony, Haier, Monster, Sanus and Bose, and Home office, including computers, printers and accessories, and offers such brands as HP, Samsung, LG and Dell. Its retail stores operate under the Conn’s (Conn’s HomePlus) name with all of its stores providing products and services to a common customer group.

Credit

The Company’s credit segment provides short- and medium-term financing for its retail customers. The Company makes various payment options available to its customers based on a review of their credit worthiness, including for customers with credit scores that are approximately 650, it offers special low or no-interest financing program on select products through a Conn’s branded revolving credit card from Synchrony Bank or it may offer an in-house financing program; for customers with credit scores that are between 550 and 650, it offers in-house financing program, which is a fixed term and fixed payment installment contract, and for customers that do not qualify for its credit programs, it offers a rent-to-own payment option through AcceptanceNow.

The Company competes with Sears, Wal-Mart, Target, Sam’s Club, Costco, Best Buy, Rooms To Go, hhgregg, Mattress Firm, Lowe’s, Home Depot, Aaron’s and Rent-A-Center.

Advisors’ Opinion:

  • [By Motley Fool Transcribers]

    Conn’s Inc  (NASDAQ:CONN)Q4 2019 Earnings Conference CallMarch 26, 2019, 11:00 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Max Byerly]

    Shares of Conn’s Inc (NASDAQ:CONN) have been assigned a consensus rating of “Hold” from the eight brokerages that are presently covering the company, MarketBeat reports. Two analysts have rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $36.80.

Hot Undervalued Stocks To Watch Right Now: Bellerophon Therapeutics, Inc.(BLPH)

Bellerophon Therapeutics, Inc., a clinical-stage therapeutics company, focuses on the development of products at the intersection of drugs and devices that address unmet medical needs in the treatment of cardiopulmonary diseases. Its product candidates include INOpulse, a pulsatile nitric oxide delivery device, which has completed Phase II clinical trials for the treatment of pulmonary arterial hypertension, as well as in Phase II clinical trials to treat pulmonary hypertension associated with chronic obstructive pulmonary diseases; and bioabsorbable cardiac matrix, a medical device for the prevention of congestive heart failure. Bellerophon Therapeutics, Inc. was founded in 2009 and is headquartered in Warren, New Jersey.

Advisors’ Opinion:

  • [By Ethan Ryder]

    Bellerophon Therapeutics Inc (NASDAQ:BLPH)’s share price was up 0.8% during trading on Monday . The stock traded as high as $1.24 and last traded at $1.19. Approximately 1,061 shares were traded during trading, a decline of 100% from the average daily volume of 492,182 shares. The stock had previously closed at $1.20.

  • [By Shane Hupp]

    Radius Health (NASDAQ:RDUS) and Bellerophon Therapeutics (NASDAQ:BLPH) are both small-cap medical companies, but which is the superior stock? We will compare the two companies based on the strength of their dividends, earnings, risk, valuation, analyst recommendations, profitability and institutional ownership.

  • [By Money Morning Staff Reports]

    However, it’s unlikely Netlist repeats these returns anytime soon. After looking at last week’s top performing penny stocks, we’ll show you a penny stock on the verge of jumping over 230%…

    Penny Stock Current Share Price Last Week’s Gain
    Netlist Inc. (Nasdaq: NLST) $0.83 542.67%
    Mannkind Corp. (Nasdaq: MNKD) $1.80 79.09%
    Fred’s Inc. (Nasdaq: FRED) $2.49 73.68%
    Delcath Systems Inc. (OTCMKTS: DCTH) $3.70 72.63%
    Gemphire Therapeutics Inc. (Nasdaq: GEMP) $1.96 50.71%
    Bellerophon Therapeutics Inc. (Nasdaq: BLPH) $1.05 47.98%
    Cel-Sci Corp. (NYSE: CVM) $3.78 44.78%
    ParkerVision Inc. (OTCMKTS: PRKR) $0.60 29.42%
    Superior Drilling Products Inc. (NYSE: SDPI) $2.63 29.23%
    LiqTech International Inc. (NYSE: LIQT) $1.50 25.20%

    How to Profit off This $11.1 Billion Money Pool: By following a few simple steps, one IRS directive could help set you up to receive checks of up to $1,795 every single month thanks to a genius investment. Learn more…

  • [By Shane Hupp]

    Bellerophon Therapeutics Inc (NASDAQ:BLPH) shares saw strong trading volume on Friday after an insider bought additional shares in the company. 4,255,782 shares traded hands during trading, an increase of 888% from the previous session’s volume of 430,655 shares.The stock last traded at $1.00 and had previously closed at $0.83.

Hot Undervalued Stocks To Watch Right Now: NorthStar Realty Europe Corp.(NRE)

NorthStar Realty Europe Corp., incorporated on June 18, 2015, is a real estate investment trust (REIT). The Company is a European focused commercial real estate company with primary office properties in cities within Germany, the United Kingdom and France. Its objective is to provide its stockholders with stable and recurring cash flow supplemented by capital growth over time. The Company conducts its business through two segments: Real Estate and Corporate. The Real Estate segment includes its European commercial real estate business, which is primarily focused on office properties. The Corporate segment includes corporate level interest expense, management fee, and general and administrative expenses.

The Company’s portfolio consists of approximately 48 properties and a total of approximately 495,588 square meters of rentable space, located in various European markets, including Frankfurt, Hamburg, Berlin, London, Paris, Amsterdam, Milan, Brussels and Madrid. Its portfolio primarily comprises office properties. In addition, the Company owns over two hotels, which are leased to third-party operators. The Company is externally managed and advised by an affiliate of NorthStar Asset Management Group Inc. (NSAM). The Company’s assets, directly or indirectly, are held by, and the Company conducts its operations, directly or indirectly, through its operating partnership, NorthStar Realty Europe Limited Partnership.

Advisors’ Opinion:

  • [By Motley Fool Transcribers]

    Northstar Realty Europe Corp.  (NYSE:NRE)Q4 2018 Earnings Conference CallMarch 13, 2019, 9:00 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Jim Royal]

    Investors in NorthStar Realty Europe (NYSE:NRE) woke up to news Tuesday morning that one of the company’s largest investors is looking to shake things up at the company. Senvest Management, which owns 9.55% of NorthStar, is pushing the company’s external advisor, Colony Capital (NYSE:CLNY), to realize value at the undervalued European REIT, after years of a stagnating stock price.

  • [By Joseph Griffin]

    Pebblebrook Hotel Trust (NYSE: NRE) and Northstar Realty Europe (NYSE:NRE) are both finance companies, but which is the superior investment? We will compare the two companies based on the strength of their analyst recommendations, profitability, risk, valuation, earnings, institutional ownership and dividends.

  • [By Shane Hupp]

    Teachers Insurance & Annuity Association of America increased its holdings in NorthStar Realty Europe (NYSE:NRE) by 15.7% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 71,499 shares of the financial services provider’s stock after purchasing an additional 9,699 shares during the period. Teachers Insurance & Annuity Association of America owned approximately 0.13% of NorthStar Realty Europe worth $931,000 as of its most recent SEC filing.

Top Warren Buffett Stocks To Own For 2021

Daiwa Securities Group Inc. lowered its stake in shares of Capital One (NYSE:COF) by 38.3% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 54,230 shares of the financial services provider’s stock after selling 33,686 shares during the period. Daiwa Securities Group Inc.’s holdings in Capital One were worth $5,196,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of COF. DnB Asset Management AS boosted its position in Capital One by 1.4% during the fourth quarter. DnB Asset Management AS now owns 52,038 shares of the financial services provider’s stock worth $5,182,000 after acquiring an additional 700 shares during the last quarter. Harvest Capital Management Inc acquired a new position in Capital One during the fourth quarter worth about $224,000. Acropolis Investment Management LLC boosted its position in Capital One by 69.1% during the fourth quarter. Acropolis Investment Management LLC now owns 15,118 shares of the financial services provider’s stock worth $1,505,000 after acquiring an additional 6,176 shares during the last quarter. Hexavest Inc. boosted its position in Capital One by 2.3% during the fourth quarter. Hexavest Inc. now owns 558,038 shares of the financial services provider’s stock worth $55,569,000 after acquiring an additional 12,442 shares during the last quarter. Finally, Bank of Montreal Can boosted its position in Capital One by 289.9% during the fourth quarter. Bank of Montreal Can now owns 1,202,241 shares of the financial services provider’s stock worth $119,721,000 after acquiring an additional 893,928 shares during the last quarter. Hedge funds and other institutional investors own 89.77% of the company’s stock.

Top Warren Buffett Stocks To Own For 2021: Express-1 Expedited Solutions Inc.(XPO)

XPO Logistics, Inc. provides third-party logistics services using a network of relationships with ground, sea, and air carriers in the United States, Mexico, and Canada. It operates in three segments: Express-1, Concert Group Logistics, and Bounce Logistics. The Express-1 segment offers ground expedited surface transportation services for freight. It operates a fleet ranging from cargo vans to semi tractor trailer units. The Concert Group Logistics segment provides domestic and international freight forwarding services through a network of independently owned stations. Its domestic freight forwarding services include air charter, expedites, and time sensitive services, as well as cost sensitive services comprising deferred delivery, less than truckload, and full truck load services; and international freight forwarding services consist of on-board courier and air charters, time sensitive services, less-than-container and full-container-loads, and vessel charters. This segm ent also offers documentation on international shipments, customs clearance and banking, trade show shipment management, time definite and customized product distributions, reverse logistics and on site asset recovery projects, installation coordination, freight optimization, and diversity compliance support services. The Bounce Logistics segment provides premium freight brokerage services for truckload shipments. The company serves approximately 4,000 retail, commercial, manufacturing, and industrial customers through 6 U.S. operations centers and 22 agent locations. It offers its services to the automotive manufacturing, automotive components and supplies, commercial printing, durable goods manufacturing, pharmaceuticals, food and consumer products, and high tech sectors. The company was formerly known as Express-1 Expedited Solutions, Inc. and changed its name to XPO Logistics, Inc. in September 2011. XPO Logistics, Inc. was founded in 1989 and is based in Buchanan, Michi gan.

Advisors’ Opinion:

  • [By Dan Caplinger]

    Monday was an extremely strong day for the stock market, as major indexes finished well above where they started the session. Favorable economic data on retail sales renewed confidence that the U.S. economy continues to do well despite headwinds elsewhere around the world, and investors were pleased to see the U.S. and China discuss their respective currencies as part of their broader trade talks. Some benchmarks rose as much as 2%, but certain individual stocks saw even larger gains. NVIDIA (NASDAQ:NVDA), XPO Logistics (NYSE:XPO), and Infinera (NASDAQ:INFN) were among the top performers. Here’s why they did so well.

  • [By Neha Chamaria]

    XPO Logistics (NYSE:XPO) is having a hard time winning back investor confidence. Shares of the logistics company slumped 17.2% in February, according to data provided by S&P Global Market Intelligence, giving up all its gains from January and then some. In fact, the stock continues to head lower this month, having dropped another 4% as of this writing.

Top Warren Buffett Stocks To Own For 2021: NorthStar Realty Europe Corp.(NRE)

NorthStar Realty Europe Corp., incorporated on June 18, 2015, is a real estate investment trust (REIT). The Company is a European focused commercial real estate company with primary office properties in cities within Germany, the United Kingdom and France. Its objective is to provide its stockholders with stable and recurring cash flow supplemented by capital growth over time. The Company conducts its business through two segments: Real Estate and Corporate. The Real Estate segment includes its European commercial real estate business, which is primarily focused on office properties. The Corporate segment includes corporate level interest expense, management fee, and general and administrative expenses.

The Company’s portfolio consists of approximately 48 properties and a total of approximately 495,588 square meters of rentable space, located in various European markets, including Frankfurt, Hamburg, Berlin, London, Paris, Amsterdam, Milan, Brussels and Madrid. Its portfolio primarily comprises office properties. In addition, the Company owns over two hotels, which are leased to third-party operators. The Company is externally managed and advised by an affiliate of NorthStar Asset Management Group Inc. (NSAM). The Company’s assets, directly or indirectly, are held by, and the Company conducts its operations, directly or indirectly, through its operating partnership, NorthStar Realty Europe Limited Partnership.

Advisors’ Opinion:

  • [By Motley Fool Transcribers]

    Northstar Realty Europe Corp.  (NYSE:NRE)Q4 2018 Earnings Conference CallMarch 13, 2019, 9:00 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Jim Royal]

    Investors in NorthStar Realty Europe (NYSE:NRE) woke up to news Tuesday morning that one of the company’s largest investors is looking to shake things up at the company. Senvest Management, which owns 9.55% of NorthStar, is pushing the company’s external advisor, Colony Capital (NYSE:CLNY), to realize value at the undervalued European REIT, after years of a stagnating stock price.

  • [By Joseph Griffin]

    Pebblebrook Hotel Trust (NYSE: NRE) and Northstar Realty Europe (NYSE:NRE) are both finance companies, but which is the superior investment? We will compare the two companies based on the strength of their analyst recommendations, profitability, risk, valuation, earnings, institutional ownership and dividends.

Top Warren Buffett Stocks To Own For 2021: Hanesbrands Inc.(HBI)

Hanesbrands Inc., a Maryland corporation (collectively with its subsidiaries, “Hanesbrands,” “we,” “us,” “our” or the “Company”), is a socially responsible manufacturer and marketer of leading everyday basic apparel under some of the world’s strongest apparel brands, including Hanes, Champion, Maidenform, DIM, Playtex, Bali, JMS/Just My Size, Nur Die/Nur Der, L’eggs, Lovable, Wonderbra, Flexees, Lilyette and Gear for Sports. We sell bras, panties, shapewear, hosiery, men’s underwear, children’s underwear, socks, T-shirts and other activewear in the Americas, Asia, Australia and Europe. In the United States, we sell more units of intimate apparel, male underwear and children’s underwear than any other company. Unlike most apparel companies, Hanesbrands primarily operates its own manufacturing facilities. More than 80 percent of the apparel units that we sell in the United States are manufactured in our own plants or those of dedicated contractors.   Advisors’ Opinion:

  • [By John Ballard]

    Wall Street is 10 years into a bull market, which makes it more challenging to find stocks that offer multibagger potential. But today I’m going to tell you about three stocks — Intel (NASDAQ:INTC), Activision Blizzard (NASDAQ:ATVI), and Hanesbrands (NYSE:HBI) — that all have the potential to double in value within the next five years.

  • [By Max Byerly]

    HBI has been the topic of several recent analyst reports. Citigroup lifted their target price on Hanesbrands from $17.00 to $18.00 and gave the stock a “neutral” rating in a report on Monday, December 3rd. Wells Fargo & Co reduced their target price on Hanesbrands from $18.00 to $14.00 and set a “market perform” rating on the stock in a report on Wednesday, January 2nd. Zacks Investment Research lowered Hanesbrands from a “hold” rating to a “sell” rating in a report on Thursday, January 3rd. Deutsche Bank lowered Hanesbrands from a “buy” rating to a “hold” rating and reduced their target price for the stock from $24.00 to $16.00 in a report on Friday, January 11th. Finally, Barclays set a $16.00 target price on Hanesbrands and gave the stock a “hold” rating in a report on Friday, January 11th. One analyst has rated the stock with a sell rating, ten have issued a hold rating and five have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $20.53.

    TRADEMARK VIOLATION NOTICE: “Hanesbrands Inc. (HBI) Sees Large Decline in Short Interest” was first published by Ticker Report and is owned by of Ticker Report. If you are accessing this news story on another site, it was copied illegally and reposted in violation of US & international copyright law. The original version of this news story can be accessed at www.tickerreport.com/banking-finance/4202524/hanesbrands-inc-hbi-sees-large-decline-in-short-interest.html.

    About Hanesbrands

  • [By Shane Hupp]

    Get a free copy of the Zacks research report on Hanesbrands (HBI)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By John Ballard]

    Shares of Hanesbrands (NYSE:HBI) climbed 24% in value last month, according to data provided by S&P Global Market Intelligence.

    Investors got excited about the company’s turnaround efforts when it issued a better-than-expected fourth-quarter earnings report in early February.

Top Warren Buffett Stocks To Own For 2021: Portland General Electric Company(POR)

Portland General Electric Company (PGE), incorporated on July 25, 1930, is an electric utility company. The Company is engaged in the generation, wholesale purchase, transmission, distribution and retail sale of electricity in the state of Oregon. The Company also sells electricity and natural gas in the wholesale market to utilities, brokers and power marketers. PGE’s service area allocation of approximately 4,000 square miles is located within Oregon and includes over 50 incorporated cities. The Company has approximately four natural gas-fired generating facilities, which include PW1, PW2, Beaver and Coyote Springs Unit 1 (Coyote Springs). PGE owns and operates over two wind farms, including Biglow Canyon Wind Farm (Biglow Canyon) and Tucannon River. Biglow Canyon, which is located in Sherman County, Oregon, is its renewable energy resource consisting of approximately 220 wind turbines with a total nameplate capacity of over 450 megawatts (MW). Its Tucannon River is located in southeastern Washington and consists of approximately 120 wind turbines with a total nameplate capacity of over 270 MW.

The Company’s Federal Energy Regulatory Commission (FERC)-licensed hydroelectric projects consist of Pelton/Round Butte on the Deschutes River near Madras, Oregon; approximately four plants on the Clackamas River, and over one on the Willamette River. PGE has approximately 66.67% ownership interest in the 455 MW Pelton/Round Butte hydroelectric project on the Deschutes River, with the remaining interest held by the Confederated Tribes of the Warm Springs Reservation of Oregon (Tribes). PGE has a dispatchable standby generation (DSG) program under which the Company can start, operate, and monitor customer-owned diesel-fueled standby generators when needed to support specific capacity needs. PGE owns approximately 79.5%, and is the operator of record, of the Kelso-Beaver Pipeline, which connects PW1, PW2, and Beaver to Northwest Pipeline, an interstate natural gas pipeline operating between British! Columbia and New Mexico. PGE transports natural gas on the Kelso-Beaver Pipeline for its own use under a firm transportation service agreement.

The Company has contractual access to natural gas storage in Mist, Oregon from which it can draw in the event that natural gas supplies are interrupted or if economic factors require its use. The storage facility is owned and operated by a local natural gas company and may be utilized to provide fuel to PW1, PW2, and Beaver. PGE supplements its own generation with power purchased in the wholesale market to meet its retail load requirements. PGE owns and/or has contractual rights associated with transmission lines that deliver electricity from its generation facilities to its distribution system in its service territory and also to the Western Interconnection. PGE owns an electric transmission system consisting of approximately 1,240 circuit miles, which include 286 circuit miles of 500 kilovolt (KV) line; 402 circuit miles of 230 kV line, and 551 miles of 115 kV line. The Company also has over 26,540 circuit miles of primary and secondary distribution lines that deliver electricity to its customers.

The Company has an ownership interest in approximately 15% of the capacity on the Colstrip Project Transmission facilities from the Colstrip plant in Montana to Bonneville Power Administration’s (BPA’s) transmission system, and approximately 20% of the capacity on the Pacific Northwest Intertie, a 4,800 MW transmission facility between John Day, in northern Oregon, and Malin, in southern Oregon near the California border. In addition, the Company has contractual rights to various transmission capacity, including approximately 3,105 MW of firm BPA transmission on BPA’s system to PGE’s service territory in Oregon, and 150 MW of firm BPA transmission from the Mid-Columbia projects in Washington to the northern end of the Pacific Northwest AC Intertie, near John Day, Oregon, five MW to Tucannon River, and five MW to Biglow Canyon. The Company o! ffers dif! ferent pricing options, including a daily market price option, various time-of-use options and several renewable energy options, which are offered to residential and small commercial customers. Its residential customers include single family housing, multiple family housing (such as apartments, duplexes, and town homes), mobile homes, and small farms. Its commercial customers consist of non-residential customers.

Advisors’ Opinion:

  • [By Stephan Byrd]

    Portland General Electric (NYSE:POR) and RED ELECTRICA C/ADR (OTCMKTS:RDEIY) are both utilities companies, but which is the better investment? We will compare the two companies based on the strength of their earnings, profitability, valuation, institutional ownership, dividends, risk and analyst recommendations.

  • [By Shane Hupp]

    Mizuho reiterated their buy rating on shares of Portland General Electric (NYSE:POR) in a research report report published on Thursday. They currently have a $50.00 price target on the utilities provider’s stock.

  • [By Motley Fool Transcribers]

    Portland General Electric Co  (NYSE:POR)Q4 2018 Earnings Conference CallFeb. 15, 2019, 11:00 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Shane Hupp]

    Sky Solar (NYSE: POR) and Portland General Electric (NYSE:POR) are both utilities companies, but which is the superior stock? We will contrast the two companies based on the strength of their dividends, earnings, valuation, risk, profitability, institutional ownership and analyst recommendations.