High Debt Watch for these Big Cap Utilities Stocks

Wall St. Watchdog reveals large cap stocks in the utility sector with large debt loads:

  • Huaneng Power International, Inc. (ADR) (NYSE:HNP): This company holds $12,986,242,719 in debt on its balance sheet, against $4,899,702,145, for a debt-to-assets ratio of 2.65. The stock recently traded at$16.56 and its market capitalization is $9,018,028,855. About the company: Huaneng Power International, Inc. develops, constructs, owns and operates coal-fired power plants throughout China.
  • National Grid plc (ADR) (NYSE:NGG): This company holds $11,134,525,935 in debt on its balance sheet, against $10,314,037,080, for a debt-to-assets ratio of 1.08. The stock recently traded at$46.35 and its market capitalization is $33,125,195,158. About the company: National Grid PLC owns, operates and develops electricity and gas networks. The Group’s electricity transmission and gas distribution networks are located throughout the United Kingdom and in the north-eastern section of the United States. They also own liquefied natural gas storage facilities in Britain and provide infrastructure services to the mobile telecom industry.
  • Korea Electric Power Corporation (ADR) (NYSE:KEP): This company holds $10,873,780,967 in debt on its balance sheet, against $11,625,556,913, for a debt-to-assets ratio of 0.94. The stock recently traded at$10.03 and its market capitalization is $13,905,151,355. About the company: Korea Electric Power Corporation (KEPCO) generates, transmits, and distributes electricity to South Korea for a variety of uses. The Company also builds and operates hydro-power, thermal-power, and nuclear power units in South Korea.
  • The AES Corporation (NYSE:AES): This company holds $8,065,000,000 in debt on its balance sheet, against $9,446,000,000, for a debt-to-assets ratio of 0.85. The stock recently traded at$9.60 and its market capitalization is $7,511,069,000. About the company: The AES Corporation acquires, develops, owns, and operates generation plants and distribution businesses in several countries. The Company sells electricity under long term contracts and serves customers under its regulated utility businesses. AES also also mines coal, turns seawater into drinking water, and develops alternative sources of energy.
  • PG+E Corporation (NYSE:PCG): This company holds $7,185,000,000 in debt on its balance sheet, against $5,542,000,000, for a debt-to-assets ratio of 1.30. The stock recently traded at$39.64 and its market capitalization is $15,945,000,000. About the company: PG&E Corporation is a holding company that holds interests in energy based businesses. The Company’s holdings include a public utility operating in northern and central California that provides electricity and natural gas distribution; electricity generation, procurement, and transmission; and natural gas procurement, transportation, and storage.
  • NextEra Energy, Inc. (NYSE:NEE): This company holds $6,904,000,000 in debt on its balance sheet, against $5,258,000,000, for a debt-to-assets ratio of 1.31. The stock recently traded at$50.17 and its market capitalization is $21,169,780,000. About the company: NextEra Energy, Inc. is a clean energy company. The Company, through its subsidiaries, generates, transmits, distributes, and sells electric energy utilizing natural gas, wind and nuclear resources.
  • American Electric Power Company, Inc. (NYSE:AEP): This company holds $6,518,000,000 in debt on its balance sheet, against $5,016,000,000, for a debt-to-assets ratio of 1.30. The stock recently traded at$33.91 and its market capitalization is $16,353,910,000. About the company: American Electric Power Company, Inc.(NYSE:AEP)is a public utility holding company. The Company provides electric service, consisting of generation, transmission and distribution, on an integrated basis to their retail customers. AEP serves portions of the states of Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia.
  • The Southern Company (NYSE:SO): This company holds $6,472,000,000 in debt on its balance sheet, against $5,883,000,000, for a debt-to-assets ratio of 1.10. The stock recently traded at$38.33 and its market capitalization is $32,873,830,000. About the company: Southern Company is a public utility holding company. The Company, through its subsidiaries, generates, wholesales, and retails electricity in the southeastern United States. The Company also offers wireless telecommunications services, and provides businesses with two-way radio, telephone, paging, and Internet access services as well as wholesales fiber optic solutions.
  • Enterprise Products Partners L.P. (NYSE:EPD): This company holds $5,880,200,000 in debt on its balance sheet, against $5,507,100,000, for a debt-to-assets ratio of 1.07. The stock recently traded at$37.50 and its market capitalization is $31,888,210,000. About the company: Enterprise Products Partners L.P. provides processing and transportation services to producers and consumers of natural gas liquids. The Company generally processes products that are ultimately used as feedstocks in petrochemical manufacturing, in the production of motor gasoline, and as fuel for residential and commercial heating.
  • Dominion Resources, Inc. (NYSE:D): This company holds $5,773,000,000 in debt on its balance sheet, against $5,400,000,000, for a debt-to-assets ratio of 1.07. The stock recently traded at$45.94 and its market capitalization is $26,452,140,000. About the company: Dominion Resources, Inc., a diversified utility holding company, generates, transmits, distributes, and sells electric energy in Virginia and northeastern North Carolina. The Company produces, transports, distributes, and markets natural gas to customers in the Northeast and Mid-Atlantic regions of the United States.

(Note: Selected financial data are sourced from screener.co.  All data are assumed to be accurate.)

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