(XXII)-- this should get to $2.50 rather easily.... (Fri) 1.8100+0.1800(+11.0429%) As of 09:37AM EDT. Be Careful out Here!
CHILDREN!!!! PAY ATTENTION. PROFESSOR VZ SPEAKS: WHEN THE $2 CALL OPTIONS ARE $0.20 >> WITH 24 DAYS TO EXPIRATION ITS NOT GOING MUCH ABOVE $2.10
Good! I like NEE a lot -good mangemnt and only a 2% yield which will save you from utility investors swapping out for bonds.... I will add to the portfolio today-! The electric utility and renewable energy giant has its sights set on becoming a major player in the U.S. water and wastewater utility industry. Last week, Florida-based electric utility and renewable energy giant NextEra Energy(NEE2.71%)announced that it had entered into an agreement to purchase the wastewater system of a suburban Philadelphia town. Yep, that's right, NextEra -- which owns the country's largest regulated electric utility, Florida Power and Light -- is now a player in the U.S. regulated water and wastewater utility industry. Here's what investors should know. IMAGE SOURCE: GETTY IMAGES. NextEra's suburban Philadelphia wastewater system acquisition NextEra Energy's relatively new NextEra Water subsidiary is acquiring the wastewater system owned by Towamencin Township in Montgomery County, Pennsylvania. This system serves about 7,500 customer accounts. NextEra Water expects this acquisition -- which is its second, as we'll get to in a moment -- to close in the second half of 2023, assuming timely regulatory approval from the Pennsylvania Public Utility Commission. The company clinched the deal through a process that involved bids from five pre-qualified entities, according to public information from Towamencin Township. Two of the bidders were American Water Works(AWK1.97%), the largest publicly traded U.S. water and wastewater utility, and Aqua America, which is Essential Utilities'(WTRG1.15%)water and wastewater utility business. That these two large water utilities were also bidders isn't a surprise. Both have headquarters in the Philadelphia Metro area -- American Water Works in New Jersey and Essential in Pennsylvania -- and a big presence in the region. NYSE: NEE NextEra Energy, Inc. Today's Change (2.71%) $1.92 Current Price $72.73 NEE KEY DATA POINTS Market Cap $143B Day's Range $70.80 - $73.40 52wk Range $67.22 - $93.73 NextEra Water has major national ambitions "The acquisition of the Towamencin wastewater system furthers our goal of creating a national water utility," NextEra Water president Bruce Hauk said in the press release. In October, on NextEra Energy's Q3 2021 earnings call, its management team discussed the company's entrance into the water utility space and its broad aims for this business. It shared that during the quarter the company had agreed to buy several water and wastewater systems in eight counties in the Houston area of Texas. It expects this deal with seller Quadvest, L.P. to close in the third quarter of this year. On that earnings call, then-CFO Rebecca Kujawa (who now leads the company's renewable energy business, NextEra Energy Resources) also shared that the company is constructing "an innovative water reuse and reclamation project that would help our customer achieve significant savings on its water supply needs and make its operations more efficient and sustainable while at the same time, delivering attractive returns to Energy Resources." NextEra's entrance into the water utility space makes its stock even more appealing as an investment. This move provides the company with huge growth potential, as the U.S. water and wastewater utility industry is highly fragmented. NextEra's considerable financial resources give its NextEra Water subsidiary the potential to be a formidable player. <-----
Since June 2nd AQUA has been getting murdered... // maybe on this NEE news? Rather large competitor for Evoqua Evoqua Water Technologies Corp. (AQUA) 30.84-0.32(-1.03%) As of 09:43AM EDT.
Ted, On Friday i saw saw HUGE call activity on Revlon and I didn't mentionit, I just thought it was WSB's and RobinHood folks. It was $3.50 at the time. HOW THE HELL DID WE MISS IT?! I'm surprised you didn't get in. You always find these kind of plays. REV>>> $9.21
Revlon is gonna be the new Gamestop lol. The "apes" on Wall Street Bets have decided they want to save granny's cosmetic company. Retro is in.
A couple algo's are going at it now on XXII. They got a live one! These things are like moths to a flame. It's like at a casino when a craps table gets hot and a loud crowd gathers. It looks like that $2.05 level will hold for now.