PEG - NYSE
Public Service Enterprise Group Incorporated
$78.08
+0.41%Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in the Northeastern and Mid-Atlantic United States. It operates through two segments, PSE&G and PSEG Power. The PSE&G segment transmits electricity; distributes electricity and gas to residential, commercial, and industrial customers, as well as invests in solar generation projects, and energy efficiency and related programs; and offers appliance services and repairs. As of December 31, 2021, it had electric transmission and distribution system of 25,000 circuit miles and 862,000 poles; 56 switching stations with an installed capacity of 39,353 megavolt-amperes (MVA), and 235 substations with an installed capacity of 9,285 MVA; four electric distribution headquarters and five electric sub-headquarters; and 18,000 miles of gas mains, 12 gas distribution headquarters, two sub-headquarters, and one meter shop, as well as 58 natural gas metering and regulating stations. Public Service Enterprise Group Incorporated was incorporated in 1985 and is based in Newark, New Jersey.
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Owner Earnings Projections
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $4.7B | $9.5B | $18.9B | $37.9B | $75.8B | $151.6B | $303.1B | $606.2B | $1,212.4B | $2,424.8B |
| Maintenance CapEx | -$817.2M | -$1.6B | -$3.3B | -$6.5B | -$13.1B | -$26.2B | -$52.3B | -$104.6B | -$209.2B | -$418.4B |
| Owner Earnings | $3.9B | $7.8B | $15.7B | $31.4B | $62.7B | $125.4B | $250.8B | $501.6B | $1,003.2B | $2,006.4B |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $3.6B | $6.7B | $12.4B | $23.0B | $42.7B | $79.0B | $146.3B | $271.0B | $501.9B | $929.4B |
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