North American Utilities Weekly ETR Investor Day Takeaways and Feedback; JPM Conference Soon; News Flow; Comps; Utilities Outperform

研报英文原文证据摘录

North American Utilities Weekly ETR Investor Day Takeaways and Feedback; JPM Conference Soon; News Flow; Comps; Utilities Outperform

J P M O R G A N North America Equity Research

12 June 2026

North American Utilities Weekly

ETR Investor Day Takeaways and Feedback; JPM

Conference Soon; News Flow; Comps; Utilities

Outperform

North American Utilities

Jeremy Tonet, CFA AC

(1-212) 622-4915

jeremy.b.tonet@jpmorgan.com

Aidan C Kelly AC

• ETR load growth never seemed so good! So good! So good! So good! We (1-212)aidan.x.kelly@jpmchase.com622-4912

believe much of ETR’s new five-year plan met investor expectations regarding

Eli Jossen, CFA AC the EPS outlooks, capital plan, sales growth, but we view the company’s >8%

(1-212) 622-4113

EPS CAGR through 2035 as well received, considering an emphasis on growth eli.jossen@jpmchase.com

durability and longevity in recent investor conversations.

Diana Niles

• We would appreciate your vote in the 2026 Extel-Institutional Investor (1-212) 622-3328

All-America Equity Research Survey for Utilities and Midstream & diana.niles@jpmorgan.com

Natural Gas. Throughout the year, our team seeks to deliver thoughtful and J.P. Morgan Securities LLC

detailed analysis to help investors understand and navigate a rapidly evolving

landscape across Power, Midstream, Utilities, LNG, and Nuclear. Our Key Reports:

differentiated product suite encompasses company analysis, industry deep Initiations: IPPs (CEG, TLN, VST),

dives, unique expert access, and more. If you have found our work helpful, we IPPs Slides, PPL, MDU, OGE

Sector Slides (6/2)

ask for your consideration in the survey, ideally with 5 stars for JPM in each JPM EEI Takeaways (11/15)

category. LINK TO VOTE HERE NARUC 2026 Winter Summit (2/19)

NARUC 2025 Summer Summit (8/3)