According to BP’s new energy outlook to 2035, global energy consumption will rise by 41% from 2012 to 2035 increasing at an average on 1.5% annually. Nuclear energy output is expected to rise 1.9% every year while hydroelectric power growth is expected to be 1.8% per year till 2035. In another report released by The U.S. Energy Information Administration (EIA), the U.S. solar power generation capacity is expected to rise 40% by the end of 2015. EIA estimates that U.S solar demand increased more than 32% during 2013 and will increase further by 35% in 2014. EIA expects wind power generation to increase 8.8% in 2014 and 14.6% in 2015, while hydropower and non-hydropower renewable used for electricity and heat generation will grow 3.0% in 2014 and 4.7% in 2015.
Ubika Research has shortlisted ten alternative energy stocks which appear to be fundamentally strong. The shortlisted stocks have recorded strong earnings growth during the trailing twelve months and are estimated to record strong earnings growth during 2014. Moreover, these stocks offer an attractive combination of high free cash flow yield and dividend yield with attractive return on equity. During the past three months, most of these stocks have accumulated gains with average daily traded volume in excess of 100,000 shares.
|
Company Name |
Exchange |
Ticker |
Market Cap |
Last Price |
Average Volume |
Price Change |
EPS Growth |
EPS Growth |
TTM Free Cash Flow Yield |
TTM Dividend Yield |
Return On Equity |
|
Aqua America Inc |
NYSE |
WTR |
4.1 |
23.37 |
807,643 |
-7.9% |
32.1% |
8.6% |
7.3% |
2.5% |
16.4% |
|
AmeriGas Partners LP |
NYSE |
APU |
4.0 |
42.83 |
360,831 |
-4.2% |
201.6% |
19.7% |
6.2% |
7.8% |
14.2% |
|
UGI Corp |
NYSE |
UGI |
4.8 |
41.59 |
543,938 |
1.4% |
32.0% |
12.0% |
6.7% |
2.7% |
11.8% |
|
UNS Energy Corp |
NYSE |
UNS |
2.5 |
59.95 |
566,496 |
21.3% |
29.5% |
28.6% |
2.9% |
2.9% |
11.0% |
|
UIL Holdings Corp |
NYSE |
UIL |
2.1 |
38.04 |
234,894 |
-0.3% |
75.6% |
9.7% |
2.9% |
4.5% |
9.3% |
|
IDACORP Inc |
NYSE |
IDA |
2.6 |
50.90 |
380,478 |
0.9% |
3.4% |
3.6% |
3.8% |
3.2% |
9.2% |
|
Consolidated Water Co Ltd |
NASDAQ |
CWCO |
0.2 |
12.18 |
138,415 |
-20.9% |
6.8% |
79.4% |
1.2% |
2.5% |
8.3% |
|
Great Plains Energy Inc |
NYSE |
GXP |
3.7 |
24.23 |
1,105,511 |
3.5% |
17.6% |
18.6% |
1.9% |
3.6% |
6.9% |
|
TransAlta Corp |
TSX |
TA |
3.8 |
14.26 |
1,444,321 |
0.6% |
24.4% |
5.6% |
5.0% |
8.1% |
1.5% |
|
Ferrellgas Partners LP |
NYSE |
FGP |
1.9 |
23.99 |
172,032 |
4.1% |
725.0% |
28.2% |
6.4% |
8.3% |
NA |
Source: Bloomberg
TTM: Trailing Twelve Months
Market Cap & Last Price are in their respective currency
Company Description:
Aqua America Inc (NYSE: WTR)
Aqua America Inc. is a water utility company. The company supplies water to residential, commercial, industrial, and public customers. Aqua America serves residents through its water and wastewater operations in the Northeastern Southeastern, and Midwestern United States.
AmeriGas Partners LP (NYSE: APU)
AmeriGas Partners, L.P. is a retail marketer of propane. The company serves residential, commercial, industrial, motor fuel, and agricultural customers in the United States. AmeriGas operates an extensive storage and distribution network, using pipelines, barges, rail cars, and tanker trucks to transport propane to local-market distribution locations.
UGI Corp (NYSE: UGI)
UGI Corporation distributes and markets energy products and services. The company is a domestic and international distributor of propane. UGI also distributes and markets natural gas and electricity, and sells related products and services in the Middle Atlantic region of the United States.
UNS Energy Corp (NYSE: UNS)
UNS Energy Corp is the holding company of Tucson Electric Power Company. The company generates purchases, transmits, distributes, and sells electric energy to retail and wholesale customers.
UIL Holdings Corp (NYSE: UIL)
UIL Holdings Corporation provides for the transmission and delivery of electricity and other energy related services. The company’s subsidiaries are natural gas distribution companies.
IDACORP Inc (NYSE: IDA)
IDACORP, Inc is the holding company for Idaho Power Company, an electric utility and IDACORP Energy, an energy marketing company. Idaho Power generates purchases, transmits, distributes, and sells electric energy in southern Idaho, eastern Oregon, and northern Nevada. IDACORP Energy maintains electricity and natural gas marketing operations.
Consolidated Water Co Ltd (NASDAQ: CWCO)
Consolidated Water Co., Ltd. develops and operates water production and distribution systems in the Caribbean region and in other locations. In addition to its water production and distribution business in the Cayman Islands, the company is also reviewing opportunities to build and/or operate reverse osmosis or other types of water production and distribution facilities in the Bahamas.
Great Plains Energy Inc (NYSE: GXP)
Great Plains Energy Incorporated provides electricity in the Midwest United States. The company develops competitive generation for the wholesale market. Great Plains is also an electric delivery company with regulated generation. In addition, The company is an investment company focusing on energy-related ventures nationwide that are unregulated with high growth potential.
TransAlta Corp (TSX: TA)
TransAlta Corporation is a non-regulated electric generation and marketing company with its growth focused in developing coal and gas-fired generation. The company is currently focused on Australia, Canada, the United States, and Mexico.
Ferrellgas Partners LP (NYSE: FGP)
Ferrellgas Partners, L.P. sells, distributes markets, and trades propane and other natural gas liquids. The Partnership serves residential, industrial/commercial, portable tank exchange, agricultural, wholesale and other customers throughout the United States, the District of Columbia, and Puerto Rico.
