Brendan Wood International Investor Conviction Intel – Pipelines & Utilities – April 2024
New York, NY, April 16th, 2024 (TopGun Press)
In the first quarter of the year the sector has experienced considerable volatility, and while global investors are closely monitoring interest rates, they have highlighted on our daily conversations some of the most respected and disenfranchised Pipelines, Utilities and Alternative Energy stocks in the BWI Shareholder Confidence Index.
The BWI overall Investment Quality Index represents a 12-month average derived from all the discussions that we have with investment professionals and their ratings on all their relevant companies across the different metrics, measuring conviction on Corporate Strategy, Management, Market Dynamics and Governance. While the highest a company could ever get is a 1000 points (100 by metric), the sector average has seen a decline on 1Q 2024 if we compared to the last quarter of 2023. The overall average stood at 441 points at the end of 4Q 2023, however, as we transitioned into the new quarter, 1Q 2024 yielded an overall average of 431 points. This downward trend indicates a diminished level of investor confidence in the quality of the companies included in the BWI Index. Below is a regional breakdown.
Regional Breakdown:
1Q 2024
US: 447 Canada: 396 Europe: 455 Overall: 431
4Q 2023
US: 469 Canada: 396 Europe: 438 Overall: 441
According to institutional investors, the following companies have exhibited the most notable growth in the Pipelines, Utilities and Alternative Energy Investment Quality Index from 4Q 2023 to 1Q 2024:
US: National Fuel Gas, PPL Corp.
Canada: Hydro One, Gibson Energy.
Europe: SSE PLC, Iberdrola SA.
According to institutional investors, the following companies have exhibited the least amount of growth in the Pipelines, Utilities and Alternative Energy Investment Quality Index from 4Q 2023 to 1Q 2024:
US: DTE Energy, Consolidated Edison.
Canada: Capital Power Corp, Algonquin Power & Utilities Corp.
Europe: RWE AG, Enel SpA.
Below, we show all the companies tracked in the BWI Pipelines, Utilities and Alternative Energy Index and compare the scores on the regions we track by Investment Quality.
If you would like to subscribe to the BWI Shareholder Confidence Intel including full reports on individual companies with verbatim please send an email to jnovak@brendanwood.com, gpelaezherrera@brendanwood.com or gpeck@brendanwood.com
Click here for the Investor Conviction Intel for Pipelines and Utilities January 2024
Brendan Wood International (BWI) serves a dual clientele of world leading investors and their corporate investment targets as well as broker dealers who provide research, sales and trading services to the investment community. Big cap companies looking for comprehensive investor confidence data on their organizations are likely to discover that Brendan Wood partners consult with their investors non stop year round. Investors depend on BWI to quantify the demand side of the investment industry across 1400 names worldwide, including the name by name research sales and trading professionals who influence investor demand.
About Brendan Wood International:
Brendan Wood International (BWI), formed in 1970, is a private advisory group which originates performance investigation programs in the capital markets. Brendan Wood Partners debrief large institutional investors worldwide on a daily basis. There are 2000+ live consultations with professionals overseeing +/- $55 trillion invested in the +/- 1400 big cap companies on the BWI Index. Relying on its real time performance intelligence, BWI advises public companies, institutional and activist investors, investment banks and broker dealers on strategy, performance and recruitment of TopGun talent. The firm’s partners have formally presented at 1000+ C level strategy meetings and corporate off-sites in fifty cities. Brendan Wood founded the exclusive TopGun Club, a performance based institution.
Disclaimer:
We wish to emphasize that all reports, evaluations and assessments contained herein, represent Brendan Wood International’s subjective judgment and opinions, based on our years of experience and on information obtained by us in the course of our research. Much of the factual information contained in the reports has been obtained by us from third parties on whose responses we have relied in good faith, independent verification by Brendan Wood International being, under the circumstances, impossible. While we believe that you will find our reports to be an invaluable tool in formulating your own strategies and judgments, the foregoing should be borne in mind. This report is not meant as investment advice and should not be interpreted as advising on the value of a company’s securities, the advisability of investing in, purchasing or selling any company’s securities or any other conclusion relating to investment/divestiture of a company’s securities. Finally, this report is not intended as an offer or solicitation for the purchase or sale of any company’s securities.
Related Links:
www.brendanwoodtopgunetf.com
www.brendanwood.com
@brendanwoodIntl
www.TopGunPress.com
Contacts:
Gerso Pelaez
Field Director – Real Estate/REIT, Pipelines, Utilities & Renewables
Brendan Wood International
+1 416 924 8110
gpelaezherrera@brendanwood.com
Jordan Novak
Managing Partner
Brendan Wood International
+1 416 924 8110
jnovak@brendanwood.com
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