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California lawmakers have created a wildfire insurance fund with access to $21 billion that is meant to ensure that Southern California Edison remains solvent and victims' claims are paid in full.
(Reuters) -Southern California Edison, a unit of utility Edison International, was hit by multiple lawsuits on Monday claiming its electrical equipment started one of the major wildfires currently ...
As Edison stock dropped, so too did PG&E, the utility that serves northern California. PG&E has faced over $30 billion in legal claims for its role in past California wildfires, prompting the ...
2024 was a tremendous year for Kinder Morgan (NYSE: KMI), with shares of the pipeline giant rebounding dramatically, gaining 55.3% in the year, according to data provided by S&P Global Market ...
Meanwhile, with its stock price over $27 a share, Kinder Morgan now trades at more than 12 times its free cash flow, with $2.26 per share expected in 2024. However, those are still relatively ...
While Kinder Morgan's (NYSE: KMI) stock didn't get a huge lift from its recent earnings report, it's been a strong performer this year, with its price up about 40% year to date.. The pipeline ...
The Supreme Court dealt a major setback to the oil industry Monday, refusing to block lawsuits from California and other blue states that seek billions of dollars in damages for the effects of ...
Very clearly, Kinder Morgan is a dividend stock. But that's also where a big problem arises. Usually, income investors like to buy companies that they believe will pay them regularly year in and ...