Utilities


AES   
AES Corp.

ALE   ALLETE Inc

LNT   Alliant Energy Corporation

AEE   Ameren Corporation

AEP   American Electric Power Company

AWK   American Water Works Co., Inc.

AVA   Avista Corporation

BKH   Black Hills Corporation

BEP   Brookfield Renewable Partners LP

CNP   CenterPoint Energy, Inc.

CMS   CMS Energy Corporation

ED    Consolidated Edison, Inc.

CEG   Constellation Energy, Inc.

D     Dominion Energy, Inc.

DTE   DTE Energy Company

DUK   Duke Energy

EIX   Edison International

ETR   Entergy Corporation

EVRG  Evergy Inc.

ES    Eversource Energy

EXC   Exelon Corporation

FE    FirstEnergy Corp.

IDA   IDACORP, Inc.

NEE   NextEra Energy, Inc.

NWE   NorthWestern Corporation

OGE   OGE Energy Corp.

PCG   PG&E Corporation

PEG   Public Service Enterprise Group Incorporated

PNW   Pinnacle West Capital Corporation

POR   Portland General Electric Company

PPL   PPL Corporation

SO    Sourthern Co.

SRE   Sempra

TXNM  TXNM Energy

WEC   WEC Energy Group

XEL   Xcel Energy Inc

XIFR  XPLR Infrastructure LP

Differentiated Product

Mizuho’s Utilities Team is known for extensive regulatory relationships, strong corporate access, and its breadth (37 stocks) of industry coverage (regulated electric, gas, water, and IPPs).  The group continually produces actionable thematic research on the Trump administration’s plan for coal plant retirements, a comparison of each utilities O&M spending per kWh, the impact inflation has had on customer utility bills, and an Electric Utility Primer that continues to be an investors first stop towards understanding the challenging sector. The team also works closely with our regulated 3-person Gas Utilities team and 3-person Renewables and Clean Energy team.

Notable Events

Our inaugural SMID cap utilities conference is the only one of its type in the utility space that showcases the best SMID cap utilities in NYC.  At industry conferences such as EEI and AGA we provide investors access to over  20 electric and gas utilities (inAnthony joined Mizuho in January 2019 as a senior analyst based in New York, covering the utilities sector. Prior to Mizuho, Anthony worked at KeyBanc and Jefferies & Company. He has been recognized as Starmine’s #1 ranked earnings estimator in the electric utility sector and designated a Rising Star by The Wall Street Journal. He spent approximately 17 years as a sell-side utility analyst and has industry experience as an engineer with Consolidated Edison. Anthony holds a Bachelor’s degree in engineering from CUNY-College of Staten Island, a Master of Engineering degree from CUNY-City College and an MBA from the NYU Stern School of Business. conjunction with the Gas Utilities team).   The Utilities Team provides corporate access events for many of the leading management teams in the sector such as Con Edison, Exelon, DTE Energy, PG&E, Southern Company, Public Service Enterprise Group, and Ameren.

Analyst Bio

Nitin joined Mizuho in October 2022 as a senior analyst leading the U.S. Oil & Gas research team. Prior to Mizuho, Nitin was senior analyst at Wells Fargo, where he developed the U.S. E&P equity research franchise that was recognized as Runner Up in the 2021 Institutional Investor All America Poll. He previously served in similar roles at Deutsche Bank, Credit Suisse, Millennium Partners, and Bank of America Merrill Lynch. Nitin began his career in risk management at Ernst & Young. He holds a Bachelor of Arts in Business and Economics from Franklin & Marshall College and an MBA from Columbia University.

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