Pinnacle West Capital Corp
PNW: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$91.00 | Vfnnq | Glmvjcyqx |
Arizona Election Results Offer Potential for More-Constructive Regulation
Business Strategy and Outlook
Pinnacle West had been earning solid returns and rewarding shareholders with dividend increases for several years because of fast-growing customer and energy usage in Arizona. But regulatory setbacks have made it difficult for Pinnacle West to turn those favorable fundamentals into earnings and dividend growth.