Direction: Long
Ticker: CWEN
Name: Clearway Energy Class C
Exchange: NYSE
Explanation:
Long CWEN (Clearway Energy Class C) NYSE. Clearway Energy has a yield of 3.8%. This is quite substantial given the global risk free rates (focusing on USA, Japan, UK and Germany.) Additionally, the SP500 has a dividend yield of 1.25%. Clearway Energy operates a renewable energy business in the United States. "As of March 2, 2021, it had approximately 4,200 net megawatts (MW) of installed wind and solar generation projects; and 2,500 net MW of natural gas generation facilities, as well as a portfolio of district energy systems. Its thermal infrastructure assets provide steam, hot water and/or chilled water, and electricity to commercial businesses, universities, hospitals, and governmental units. As of December 31, 2020, the company had 1,394 MW thermal equivalent capacity of steam and chilled water. Clearway Energy, Inc. was incorporated in 2012 and is based in Princeton, New Jersey. Clearway Energy, Inc. operates as a subsidiary of Clearway Energy Group LLC." - Yahoo Finance
Long term we see substantial government moves towards renewable energy and away from Fossil Fuel energy. We can see companies such as CVX and XOM serving as competition to CWEN as well as companies the the renewable field as well such as ENPH. Long term I see renewables taking over the fossil fuel industry and instead of XOM and CVX going away, I see them adapting due to their current capital holdings and marketing penetration globally. I see fossil fuel companies trying to squeeze out as much profit as they can from their current business in Oil and Gasoline while aggressively trying to innovate and adapt to renewables.
CWEN:
12/25/21
Market Cap: $4.078B
Share Price: $35.91
52 Week Range: $24.93 - 39.75
Average Volume: 742,211
Beta (5Y Monthly): 0.71
PE Ratio (TTM): 123.84
EPS (TTM): 0.29
The PE ratio is quite high given the SP500 PE is around 29.77. However, a low beta value on CWEN makes this a safer bet than the market statistically speaking, however this in my opinion will change as renewable energy rollouts continue to develop. Long term, I see CWEN reaching a high market capitalization due to its fundamental position in an emerging field and solid past performance of steady increase in market price.
This is not investment advice and all investments come with risk with the potential of unlimited loss in options and loss of capital invested in equities. This is my analysis and is purely for information purposes only.
Sincerely,
Julian Murtagh-Lux
Ticker: CWEN
Name: Clearway Energy Class C
Exchange: NYSE
Explanation:
Long CWEN (Clearway Energy Class C) NYSE. Clearway Energy has a yield of 3.8%. This is quite substantial given the global risk free rates (focusing on USA, Japan, UK and Germany.) Additionally, the SP500 has a dividend yield of 1.25%. Clearway Energy operates a renewable energy business in the United States. "As of March 2, 2021, it had approximately 4,200 net megawatts (MW) of installed wind and solar generation projects; and 2,500 net MW of natural gas generation facilities, as well as a portfolio of district energy systems. Its thermal infrastructure assets provide steam, hot water and/or chilled water, and electricity to commercial businesses, universities, hospitals, and governmental units. As of December 31, 2020, the company had 1,394 MW thermal equivalent capacity of steam and chilled water. Clearway Energy, Inc. was incorporated in 2012 and is based in Princeton, New Jersey. Clearway Energy, Inc. operates as a subsidiary of Clearway Energy Group LLC." - Yahoo Finance
Long term we see substantial government moves towards renewable energy and away from Fossil Fuel energy. We can see companies such as CVX and XOM serving as competition to CWEN as well as companies the the renewable field as well such as ENPH. Long term I see renewables taking over the fossil fuel industry and instead of XOM and CVX going away, I see them adapting due to their current capital holdings and marketing penetration globally. I see fossil fuel companies trying to squeeze out as much profit as they can from their current business in Oil and Gasoline while aggressively trying to innovate and adapt to renewables.
CWEN:
12/25/21
Market Cap: $4.078B
Share Price: $35.91
52 Week Range: $24.93 - 39.75
Average Volume: 742,211
Beta (5Y Monthly): 0.71
PE Ratio (TTM): 123.84
EPS (TTM): 0.29
The PE ratio is quite high given the SP500 PE is around 29.77. However, a low beta value on CWEN makes this a safer bet than the market statistically speaking, however this in my opinion will change as renewable energy rollouts continue to develop. Long term, I see CWEN reaching a high market capitalization due to its fundamental position in an emerging field and solid past performance of steady increase in market price.
This is not investment advice and all investments come with risk with the potential of unlimited loss in options and loss of capital invested in equities. This is my analysis and is purely for information purposes only.
Sincerely,
Julian Murtagh-Lux