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Stock Market & Financial Investment News

News Breaks
June 25, 2014
14:07 EDTPQ, NEENextEra Energy subsidiary, PetroQuest partnering on new nat gas venture
Florida Power & Light, a subsidiary of NextEra Energy (NEE), announced it is partnering with PetroQuest Energy (PQ) on a new venture to develop up to 38 natural gas production wells in the Woodford Shale region in southeastern Oklahoma. PetroQuest will oversee and operate those wells. FPL will receive a portion of the natural gas produced from each well for its use. As part of its petition, FPL asked the Florida Public Service Commission to approve guidelines for future natural gas production projects to allow the company, and in turn its customers, to take advantage of future beneficial natural gas investment opportunities. "By investing in natural gas production at the source rather than paying full market prices, FPL is projecting customer savings of up to $107M over the life of the first project," the company said.
News For NEE;PQ From The Last 14 Days
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January 27, 2015
07:43 EDTNEENextEra Energy reports Q4 NextEra Energy Resources adjusted EPS 40c
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07:42 EDTNEENextEra Energy reports Q4 Florida Power & Light net income 65c
Driving FPL's fourth-quarter and full-year growth were continued investments in clean, efficient generation and other infrastructure projects and an increase in wholesale power sales. FPL's capital expenditures were approximately $832 million in the quarter, bringing full-year capital investments to approximately $3.1B. Regulatory capital employed in 2014 grew 5.8 percent, compared to the prior year. FPL averaged approximately 68,000 more customers during the fourth quarter of 2014 than in the comparable prior-year quarter.
07:40 EDTNEENextEra Energy sees FY16 adjusted EPS $5.75-$6.25
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07:40 EDTNEENextEra Energy sees FY15 adjusted EPS $5.40-$5.70, consensus $5.64
07:40 EDTNEENextEra Energy reports Q4 adjusted EPS $1.03, consensus $1.07
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January 26, 2015
15:40 EDTNEENotable companies reporting before tomorrow's open
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