Stocks In News: Pattern Energy Group (NASDAQ:PEGI), Vectren Corp (NYSE:VVC), PNM Resources (NYSE:PNM), Just Energy Group (NYSE:JE), MDU Resources Group Inc (NYSE:MDU)



Pattern Energy Group Inc (NASDAQ:PEGI) has received final regulatory approval for the Southern Cross transmission project from the Federal Energy Regulatory Commission (FERC). The project is being developed to add a high voltage direct current (HVDC) transmission tie between ERCOT in Texas and the transmission grid deep in the southeastern US by 2019. Pattern Energy Group Inc (NASDAQ:PEGI) stock performance was -1.09% in last session and finished the day at $30.02. Traded volume was 262,410.00million shares in the last session and the average volume of the stock remained 461.74K shares. Pattern Energy Group Inc (NASDAQ:PEGI) insider ownership is 0.80%.

The Vectren Corporation (NYSE:VVC), which owns a coal mine operated by Black Panther Mining Corporation, touted the quick actions exhibited by miners Tuesday, 20 May 2014, in an effort that officials say likely saved a man’s life. Coal miners on Monday cut a man free from a piece of machinery, officials stated, after he became trapped while crews attempted to move a conveyor belt. Vectren Corp (NYSE:VVC) dropped -0.35 percent to $39.74 Monday on volume of 241,116.00million shares. The intra-day range of the stock was $39.60 to $40.00. Vectren Corp (NYSE:VVC) has a market capitalization of $3.28billion.

PNM Resources Inc (NYSE:PNM) shareholders were met by a group of approximately 40 protestors on Gold Ave. as they arrived for the company’s annual shareholder meeting on Thursday, 15 May 2014. Pat Vincent-Collawn, who is the chairman, president and CEO of the company, said during the meeting that the company is seeing improvements in its bottom line and is making headway with installing renewable sources of power generation. PNM Resources Inc (NYSE:PNM)’s stock on 02 June, 2014 reported a decrease of -0.28% to the closing price of $28.38. Its fifty two weeks range is $21.11 -$29.22. The total market capitalization recorded $2.26billion. The overall volume in the last trading session was 272,346.00million shares. In its share capital, PNM has 79.65million outstanding shares.

Just Energy Group, Inc. Ordinary Shares (Canada) (NYSE:JE), a competitive retailer of natural gas and electricity, on 15 May 2014 announced results for its fiscal 2014 fourth quarter and year end. Record customer gross additions of 1,431,000, increased 2% from fiscal 2013. Customer base growth of 5% year over year to 4.7 million. Strong National Home Services growth with installed base of 297,000, increased 22% year over year. Gross Margin of $565.6 million, increased 8% year over year. Embedded Gross Margin of $2.4 billion, increased 8% year over year. Base EBITDA from continuing operations of $210.3 million, increased 22% year over year. Base Funds from continuing operations of $109.9 million, increased 17% year over year On Monday, shares of Just Energy Group, Inc. Ordinary Shares (Canada) (NYSE:JE) dropped -1.07% to close the day at $5.56. Company monthly performance is recorded as -29.08%. Just Energy Group, Inc. Ordinary Shares (Canada) (NYSE:JE) quarterly revenue growth is -25.67%.

MDU Resources Group Inc (NYSE:MDU) declared a quarterly dividend on Thursday, May 15th, American Banking News.com reports. Shareholders of record on Thursday, June 12th will be given a dividend of 0.1775 per share on Tuesday, July 1st. This represents a $0.71 dividend on an annualized basis and a yield of 2.10%. MDU Resources Group Inc (NYSE:MDU) stock performance was -0.59% in last session and finished the day at $33.68. Traded volume was 404,951.00million shares in the last session and the average volume of the stock remained 619.59K shares. The beta of the stock remained 0.81. MDU Resources Group Inc (NYSE:MDU) insider ownership is 0.30%.

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