CMP costs for 'service agreements' with other utilities under scrutiny [Yahoo! Finance]
Avangrid, Inc. (AGR)
Last avangrid, inc. earnings: 4/28 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
avangrid.com/wps/portal/avangrid/investors/investors
Company Research
Source: Yahoo! Finance
in 2022, the utility pledged to improve administrative procedures supporting its spending decisions. The cost reduction was just a fraction of the $53 million that state Public Advocate William Harwood asked the Public Utilities Commission to claw back. He accused CMP of overspending and failing to prove some expenses were justified, opening the door to a broader look at how the utility accounts for expenses related to storm restoration and numerous other operations. CMP, which sought to recover $127 million it says it spent on restoring power after nearly a dozen storms in 2022, said the public advocate had no basis to accuse it of overspending. Still, as part of a settlement with state regulators, the subsidiary of Connecticut-based Avangrid Inc. asked the state to approve so-called affiliate service agreements with six other Avangrid utilities in Massachusetts and New York — as well as Maine Natural Gas — that detail scores of services such as HR, use of equipment and vehicle
Show less
Read more
Impact Snapshot
Event Time:
AGR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AGR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AGR alerts
High impacting Avangrid, Inc. news events
Weekly update
A roundup of the hottest topics
AGR
News
- Avangrid Bolsters Commitment to Hispanic Community with First-Ever Hispanic Energy Roundtable [Yahoo! Finance]Yahoo! Finance
- Avangrid Bolsters Commitment to Hispanic Community with First-Ever Hispanic Energy RoundtableBusiness Wire
- 5 Defensive Stocks to Counter Volatility as Post-Election Rally Halts [Yahoo! Finance]Yahoo! Finance
- AGR or OGE: Which Is the Better Value Stock Right Now? [Yahoo! Finance]Yahoo! Finance
- Avangrid sues NextEra, claiming it sabotaged power corridor through western Maine [Yahoo! Finance]Yahoo! Finance
AGR
Earnings
- 10/22/24 - Beat
AGR
Sec Filings
- 10/29/24 - Form 8-K
- 10/24/24 - Form 8-K
- 10/23/24 - Form 10-Q
- AGR's page on the SEC website