teco energy inc (TE:New York)
teco energy inc (TE) Snapshot
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Open
$18.37
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Previous Close
$18.44
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Day High
$18.40
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Day Low
$18.18
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52 Week High
05/22/13 - $19.22
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52 Week Low
11/21/12 - $16.12
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Market Cap
4.0B
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Average Volume 10 Days
1.9M
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EPS TTM
$1.16
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Shares Outstanding
217.6M
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EX-Date
05/9/13
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P/E TM
15.8x
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Dividend
$0.88
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Dividend Yield
4.81%
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Related News
teco energy inc (TE) Related Businessweek News
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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.
Last Reported Date: 02/26/13
teco energy inc (TE) Top Compensated Officers
teco energy inc (TE) Key Developments
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. Agenda: To approve quarterly dividend.
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 |
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| Price/Sales | 1.3x |
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| Price/Book | 1.7x |
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| Price/Cash Flow | 7.5x |
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| TEV/Sales | 0.3x |
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Post a JobJobs
- Tampa, FL | TECO EnergyPosted: May 17
- Tampa, FL | TECO EnergyPosted: May 14
- Tampa, FL | TECO EnergyPosted: May 09
- Tampa, FL | TECO EnergyPosted: May 21
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