CNLHN
UtilitiesThe Connecticut Light and Power Company
Regulated Electric
$33.00+0.18%
Key events (≥5% daily moves)
Up dayDown day
About This Company
The Connecticut Light and Power Company is a utility that buys, delivers, and sells electricity to homes and businesses across a large part of Connecticut. They serve over 1.2 million customers in 149 towns. The company is a regulated entity, meaning its prices and operations are overseen by the state. It operates as a subsidiary of the larger energy company, Eversource Energy.
http://www.cl-p.com/companyinfo/clphistory.aspKey Statistics
Open$32.09
Day High$33.00
Day Low$32.09
Prev. Close$32.94
52-Week High$34.92
52-Week Low$30.00
Market Cap$199.16M
Volume341.00
Avg. Volume—
P/E Ratio—
EPS—
Beta-0.16
Company Information
Sector
Utilities
Industry
Regulated Electric
Employees
1,599
Country
US
IPO Date
2001-07-16
Exchange
OTC
52-Week Range
$30.00
52W Low
$33.00
Current
$34.92
52W High
Catalysts & Risks
Catalysts
- ▲Favorable regulatory rate case approvals leading to increased allowed returns and revenue streams.
- ▲Significant infrastructure investment programs (e.g., grid modernization, renewables integration) that are approved for cost recovery.
- ▲Strong economic growth in Connecticut leading to increased electricity demand from residential and commercial customers.
- ▲Successful execution of cost management initiatives improving operational efficiency and profitability.
Risks
- ▼Adverse regulatory decisions, including disallowed costs or lower-than-expected rate increases.
- ▼Significant storm-related damage requiring substantial repair costs not fully recoverable through rates.
- ▼Rising interest rates increasing the cost of capital for financing infrastructure projects.
- ▼Increased political or public pressure leading to more stringent environmental regulations or demands for lower customer rates.
AI-generated · For informational use only