Morningstar

Morningstar, Inc.

Equity Bottom-Up

We are reaffirming our $39 fair value estimate and narrow moat and stable moat trend ratings for Portland General Electric after the company reported $0.82 earnings per share in the first quarter of 2019, up from $0.72 in the first quarter of 2018
Earnings remain on track to meet our full-year estimate and support our 4% average annualized earnings growth forecast through 2022. Management reaffirmed its $2.35-$2.50 EPS guidance for 2019, in line with our outlook.

We continue to forecast that…

With a growing customer base and a service territory with rich renewable energy resources, Portland General Electric continues to find ways to grow.After completing the $600 million Carty gas plant in 2016, management has now embarked on a diversified investment plan that is set to top $500 million annually on average for at least the next four years. Management raised its spending outlook in October 2018 and is adding another $160 million investment with the Wheatridge wind-solar-battery…

<p>With a growing customer base and a service territory with rich renewable energy resources, Portland General Electric continues to find ways to grow.After completing the $600 million Carty gas plant in 2016, management has now embarked on a diversified investment plan that is set to top $500 million annually on average for at least the next four years. Management raised its spending outlook in October 2018 and is adding another $160 million investment with the Wheatridge wind-solar-battery…</p>

United States

Portland General Electric Company is an electric utility involved in the generation, purchase, transmission, distribution, and sale of electricity in Oregon.  The Company also participates in the wholesale market by purchasing and selling electricity and natural gas to utilities and energy marketers.

Portland General Electric Company (POR US)

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00