Showing posts with label Pinnacle West Capital. Show all posts
Showing posts with label Pinnacle West Capital. Show all posts

Tuesday, July 10, 2007

Pinnacle West Capital

Pinnacle West Capital is among the world’s largest Electric Utilities sector businesses in the world. Pinnacle West Capital’s employees generate $331.3M in profits on $3.427B of revenue. Global output in the Electric Utilities business will likely rise substantially over the next 10 years. Long-term economic growth may lift all boats, but Pinnacle West Capital is determined to remain a market leader. Sectoral leadership in the Electric Utilities segment takes dedication and consistency, but management seeks out-sized growth.

Pinnacle West Capital’s ticker symbol PNW has recently been trading near $40.15 a share. The Pinnacle West Capital corporate headquarters in Phoenix AZ predicts Electric 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 $4.024B ensures sufficient liquidity. With a beta of 0.64, the company is less volatile than the market as a whole. When the average equity moves lower, Pinnacle West Capital moves less aggressively.