Last $18.29 USD
Change Today -0.15 / -0.81%
Volume 1.5M
TE On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 8:04 PM 05/24/13 All times are local (Market data is delayed by at least 15 minutes).

teco energy inc (TE) Snapshot

Open
$18.37
Previous Close
$18.44
Day High
$18.40
Day Low
$18.18
52 Week High
05/22/13 - $19.22
52 Week Low
11/21/12 - $16.12
Market Cap
4.0B
Average Volume 10 Days
1.9M
EPS TTM
$1.16
Shares Outstanding
217.6M
EX-Date
05/9/13
P/E TM
15.8x
Dividend
$0.88
Dividend Yield
4.81%
Current Stock Chart for TECO ENERGY INC (TE)

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teco energy inc (TE) Details

TECO Energy, Inc., an electric and gas utility holding company, engages in the regulated electric and gas utility operations. It generates, purchases, transmits, distributes, and sells electric energy to approximately 687,000 retail customers in West Central Florida, as well as to utilities and other resellers of electricity; and has electric generating plants with a winter peak generating capacity of 4,668 megawatts. The company purchases, distributes, and sells gas to approximately 345,000 residential, commercial, industrial, and electric power generating customers in Florida; and has a distribution system that includes approximately 11,200 miles of mains and 6,600 miles of service lines. It also operates surface and underground mines; and produces, processes, and sells bituminous, primarily low sulfur coal of metallurgical, pulverized coal injection, steam, and industrial grades in Eastern Kentucky, Southwestern Virginia, and Tennessee. The company was founded in 1899 and is headquartered in Tampa, Florida.

3,900 Employees
Last Reported Date: 02/26/13
Founded in 1899

teco energy inc (TE) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $750.0K
Chief Financial Officer, Chief Accounting Off...
Total Annual Compensation: $450.0K
President of Tampa Electric and President of ...
Total Annual Compensation: $525.0K
Chief Legal officer, Senior Vice President an...
Total Annual Compensation: $355.0K
Compensation as of Fiscal Year 2012.

teco energy inc (TE) Key Developments

TECO Energy, Inc. Declares Quarterly Dividend, Payable on May 28, 2013

TECO Energy, Inc. at its meeting held on May 01, 2013, declared a dividend of 22 cents per share on the company's common stock. The dividend is payable May 28, 2013, to shareholders of record as of May 13, 2013.

TECO Energy, Inc., Board Meeting, May 01, 2013

TECO Energy, Inc., Board Meeting, May 01, 2013. Agenda: To approve quarterly dividend.

TECO Energy, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2013; Provides Earnings Guidance for 2013

TECO Energy, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported total revenues of $661.1 million against $697.1 million a year ago. Income from operations was $104.1 million against $114.8 million a year ago. Income before provision for income taxes was $64.4 million against $68.7 million a year ago. Income from continuing operations was $41.2 million or $0.19 per diluted share against $44.6 million or $0.20 per diluted share a year ago. Net income attributable to the company was $41.5 million or $0.19 per diluted share against $50.5 million or $0.23 per diluted share a year ago. Cash flows from operating activities were $157.9 million against $223.9 million a year ago. Capital expenditures were $103.0 million against $117.4 million a year ago. The small net benefit in discontinued operations this quarter was related to last year's sale of TECO Guatemala. The company maintains 2013 earnings-per-share guidance from continuing operations in a range between $0.90 and $1.00.

 

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Industry Analysis

TE

Industry Average

Valuation TE Industry Range
Price/Earnings 16.4x
Price/Sales 1.3x
Price/Book 1.7x
Price/Cash Flow 7.5x
TEV/Sales 0.3x
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