Company Overview
Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in the Northeastern and Mid-Atlantic United States. It operates through two segments, PSE&G and PSEG Power. The PSE&G segment transmits electricity; distributes electricity and gas to residential, commercial, and industrial customers, as well as invests in solar generation projects, and energy efficiency and related programs; and offers appliance services and repairs. As of December 31, 2021, it had electric transmission and distribution system of 25,000 circuit miles and 862,000 poles; 56 switching stations with an installed capacity of 39,353 megavolt-amperes (MVA), and 235 substations with an installed capacity of 9,285 MVA; four electric distribution headquarters and five electric sub-headquarters; and 18,000 miles of gas mains, 12 gas distribution headquarters, two sub-headquarters, and one meter shop, as well as 58 natural gas metering and regulating stations. Public Service Enterprise Group Incorporated was incorporated in 1985 and is based in Newark, New Jersey.
Company Information
- CEO
- Ralph A. LaRossa
- Sector
- Utilities
- Industry
- Regulated Electric
- Employees
- 13047
Contact Information
- Website
- https://www.pseg.com
- Address
- 80 Park Plaza
- Country
- US
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Utilities leader with 43.81B market capitalization
- Trading Volume: 21.23K shares traded today
- Price Range: 52-week range of $74.67 - $95.22
- Exchange: Listed on New York Stock Exchange
Financial Metrics
Market Analysis for Public Service Enterprise Group Incorporated
Public Service Enterprise Group Incorporated (PEG) operates in the Regulated Electric industry within the Utilities sector. With a current market capitalization of 43.81B, the company represents a significant player in its market. The stock is currently trading at $87.78 with a positivedaily change of 0.35%.
The company's 13047 employee base and presence on the New York Stock Exchangeexchange position it as a Utilities sector leader. Investors should consider the stock's P/E ratio of 22.17, beta of 0.47, and 52-week price range from $74.67 to $95.22when evaluating investment opportunities.
Why Invest in Public Service Enterprise Group Incorporated?
Strengths
- • Established market presence in Utilities
- • Strong financial metrics and market position
- • Listed on major exchange (New York Stock Exchange)
- • Experienced leadership under Ralph A. LaRossa
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
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About Utilities Sector
The Utilities sector includes companies that provide essential services like electricity, gas, water, and waste management to consumers and businesses.