Wednesday, July 11, 2007

TECO Energy

TECO Energy is among the world’s largest Multi-Utilities sector businesses in the world. TECO Energy’s employees generate $263.9M in profits on $3.433B of revenue. Global output in the Multi-Utilities business will likely rise substantially over the next 10 years. Long-term economic growth may lift all boats, but TECO Energy is determined to remain a market leader. Sectoral leadership in the Multi-Utilities segment takes dedication and consistency, but management seeks out-sized growth.

TECO Energy’s ticker symbol TE has recently been trading near $17.29 a share. The TECO Energy corporate headquarters in Tampa FL predicts Multi-Utilities profits will satisfy shareholders in search of risk-appropriate returns.

The significance of market volume is sometimes ignored, but with a total market capitalization of $3.624B ensures sufficient liquidity. With a beta of 0.31, the company is less volatile than the market as a whole. When the average equity moves lower, TECO Energy moves less aggressively.

0 comments: