Last $19.77 USD
Change Today -0.08 / -0.40%
Volume 5.8M
TE On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 8:04 PM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

teco energy inc (TE) Snapshot

Open
$19.89
Previous Close
$19.85
Day High
$19.99
Day Low
$19.75
52 Week High
11/5/14 - $20.17
52 Week Low
02/6/14 - $16.12
Market Cap
4.6B
Average Volume 10 Days
3.0M
EPS TTM
$1.04
Shares Outstanding
234.7M
EX-Date
11/10/14
P/E TM
19.0x
Dividend
$0.88
Dividend Yield
4.45%
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, is engaged in the regulated electric and gas utility operations. It generates, purchases, transmits, distributes, and sells electric energy to approximately 695,000 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 347,000 residential, commercial, industrial, and electric power generating customers in Florida; and has a distribution system that includes approximately 11,600 miles of mains and 6,700 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: 02/28/14
Founded in 1899

teco energy inc (TE) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $765.0K
Chief Financial Officer, Chief Accounting Off...
Total Annual Compensation: $460.0K
President of Tampa Electric Company and Presi...
Total Annual Compensation: $535.0K
Chief Legal officer, Senior Vice President an...
Total Annual Compensation: $366.0K
Chief Human Resources Officer and Senior Vice...
Total Annual Compensation: $320.0K
Compensation as of Fiscal Year 2013.

teco energy inc (TE) Key Developments

TECO Energy, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Revised Earnings Guidance for the Full Year 2014

TECO Energy, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported revenue of $687.2 million against $642.1 million a year ago. Net income from continuing operations was $73.0 million or $0.32 per diluted share against $64.3 million or $0.30 per diluted share a year ago. Net income attributable to company was $11.1 million or $0.04 per diluted share against $62.8 million or $0.29 per diluted share a year ago. Income from operations was $145.7 million against $141.7 million a year ago. Cash flows from operating activities was $245.2 million against $218.3 million a year ago. Capital expenditures were $171.5 million against $121.3 million a year ago. Non-GAAP results from continuing operations were $73.9 million against $66.4 million a year ago. For the nine months, the company reported revenue of $1,870.9 million against $1,792.9 million a year ago. Net income from continuing operations was $179.0 million or $0.81 per diluted share against $153.3 million or $0.71 per diluted share a year ago. Net income attributable to company was $119.6 million or $0.54 per diluted share against $155.7 million or $0.72 per diluted share a year ago. Income from operations was $393.3 million against $359.6 million a year ago. Cash flows from operating activities were $506.2 million against $506.1 million a year ago. Capital expenditures were $491.8 million against $370.9 million a year ago. Non-GAAP results from continuing operations were $184.7 million against $157.2 million a year ago. Book value per share as at September 30, 2014 was $11.09. The company is narrowing 2014 guidance. The company expects to deliver earnings from continuing operations, excluding non-GAAP charges or gains, in a range between $1.00 and $1.05 in 2014. The company expected expect that the combined earnings growth of Florida utilities will be about 15% in 2014, reflecting higher electric-based revenues as a result of the 2013 rate settlement, gas and electric customer growth and higher AFUDC earning.

TECO Energy Declares Dividend, Payable November 28, 2014

At its meeting held on October 28, 2014, the board of directors of TECO Energy declared a dividend of 22 cents per share on the company's common stock. The dividend is payable November 28, 2014 to shareholders of record as of November 13, 2014.

TECO Energy, Inc. to Report Q3, 2014 Results on Oct 31, 2014

TECO Energy, Inc. announced that they will report Q3, 2014 results at 9:00 AM, US Eastern Standard Time on Oct 31, 2014

 

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Industry Analysis

TE

Industry Average

Valuation TE Industry Range
Price/Earnings 19.5x
Price/Sales 1.5x
Price/Book 1.8x
Price/Cash Flow 9.3x
TEV/Sales 0.3x
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