Pinnacle West Capital Corp
PNW: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$61.00 | Hnzk | Yfdjdxy |
Electricity Demand Growth Supports Pinnacle West's Investment Plan
Business Strategy and Outlook
Population growth and economic growth in Arizona have helped Pinnacle West ride through a turbulent couple of years dealing with state regulators. Some of those regulatory setbacks have reversed and Pinnacle West could be on the verge of another long run of attractive earnings growth and dividend increases.