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Avangrid (AGR) Company Profile

Updated Jun 2, 2020
Avangrid has the following business profile:
Company's Full Name:Avangrid, Inc.
Short Name:Avangrid
Trading Ticker Symbol:AGR
Primary Exchange:NYSE
Headquarter City/Country:NEW HAVEN, CT
Primary Industry Sector:Public Utilities
Seconday Sub-sector:Electric Utilities
Main Business Areas: Public Utilities, Electric Utilities, Utilities
Dividend Payments:Dividend History
ETFs Holding:List of ETFs holding Avangrid stock

Market and Trading Information for Avangrid

The following details were available for trading and market data about the stock of Avangrid as of writing:
Current Share Price:$45.77
Previous Year's Closing Price:$51.16
Percentage Price Change (YTD):-10.54%
Market Cap:$14.14 billion
52-week Price Range:$35.62 - $57.24
Dividend Per Share:$1.76
EPS (TTM):2.34
Price-Earnings (Trailing):19.59
Price-Earnings (Forward):18.84

Company Profile and Business Description for Avangrid

Avangrid, Inc., incorporated on September 23, 1997, is an energy and utility company. The Company operates through three segments: Networks, Renewables and Gas. The Company is engaged in the regulated energy distribution business through its subsidiary Avangrid Networks, Inc. (Networks). The Company is also engaged in the renewable energy generation and gas storage and trading businesses through its subsidiary, Avangrid Renewables Holding, Inc. (ARHI). ARHI in turn holds subsidiaries including Avangrid Renewables LLC (Renewables).

Networks

The Networks segment includes all the energy transmission and distribution activities, and any other regulated activity originating in New York and Maine, and regulated electric distribution, electric transmission and gas distribution activities originating in Connecticut and Massachusetts. The Networks segment includes eight rate regulated operating segments. Through Networks, it owns electric generation, transmission and distribution companies and natural gas distribution, transportation and sales companies in New York, Maine, Connecticut and Massachusetts, delivering electricity to approximately 2.2 million electric utility customers and delivering natural gas to approximately 992,000 natural gas public utility customers, as of December 31, 2016.

Renewables

The Renewables segment owns, develops, constructs and/or operates electricity generation, including renewable and thermal generators, and associated transmission facilities. The Renewables segment includes activities relating to renewable energy, mainly wind energy generation and trading related with such activities. As of December 31, 2016, Renewables segment operated 54 wind farms in 19 states across the United States. Through Renewables, the Company had a combined wind, solar and thermal installed capacity of 6,538 megawatts (MW), as of December 31, 2016.

Gas

The Gas segment operates a natural gas storage and natural gas trading business through its subsidiaries, Enstor, Inc. and Enstor Energy Services, LLC. As of December 31, 2016, Gas owned and operated four natural gas storage facilities, with a total storage capacity of 88.5 billion cubic feet (Bcf) and a net working gas storage capacity of 67.5 Bcf. Enstor Energy Services, LLC also contracts and manages natural gas storage and pipeline capacity throughout the United States and parts of Canada. Gas operated 52.4 Bcf of contracted or managed natural gas storage capacity in North America through Enstor Energy Services, LLC, as of December 31, 2016.

157 Church St

ETFs Holding Avangrid Stock

As of March 2020, the following exchange-traded funds (ETF) hold the Avangrid stocks in their respective portfolios. Below is a random list of only 10 ETFs in no particular order that have Avangrid stock holding. There are a total of 77 ETFs in Fknol.com records which are holding Avangrid stock in their portfolio. See Full List.

TickerNameShort DescriptionExpense
Ratio
No. of
Holdings
Dividend
Frequency
AMCAiShares Russell 1000 Pure US Revenue ETFThe iShares Russell 1000 Pure US Revenue ETF tracks a market-cap-weighted index of large- and midcap US stocks that generate a substantial portion of their revenue from domestic sales. ...Full Details0.15%409
Full List
Annually
DEWWisdomTree Global Equity Income FundThe WisdomTree Global High Dividend ETF tracks an index of the top 30% of global dividend-paying stocks ranked by dividend yield and weighted by dividends. ...Full Details0.58%660
Full List
Quarterly
DHSWisdomTree US High Dividend FundThe WisdomTree U.S. High Dividend Fund tracks a dividend-weighted index of high-dividend-paying US companies. The index excludes companies with a market cap of less than $200 million. ...Full Details0.38%438
Full List
Monthly
DIVBiShares US Dividend and Buyback ETFThe iShares US Dividend and Buyback ETF tracks an index of large-, mid-, and small-cap US stocks that have a history of dividend payments and/or share buybacks. ...Full Details0.25%354
Full List
Annually
DLNWisdomTree US LargeCap Dividend ETFThe WisdomTree U.S. LargeCap Dividend Fund tracks a dividend-weighted index of the 300 largest US companies that pay regularly pay cash dividends. ...Full Details0.28%294
Full List
Monthly
DTDWisdomTree US Total Dividend ETFThe WisdomTree U.S. Total Dividend Fund tracks an index of U.S. companies selected and weighted based on the dollar amount of dividends paid. ...Full Details0.28%864
Full List
Monthly
DTNWisdomTree US Dividend ex-Financials FundThe WisdomTree U.S. Dividend ex-Financials Fund tracks an index selected and weighted by dividends that excludes financial firms. ...Full Details0.38%82
Full List
Monthly
EPSWisdomTree US Earnings 500 ETFThe WisdomTree U.S. Earnings 500 Fund tracks an earnings-weighted index of the 500 largest US companies that have generated positive earnings in the past calendar year. ...Full Details0.28%493
Full List
Quarterly
ESGVVanguard ESG US Stock ETFThe Vanguard ESG U.S. Stock ETF tracks a market-cap-weighted index of US companies screened for environmental, social, and corporate governance (ESG) criteria. ...Full Details0.12%988
Full List
Quarterly
EXTWisdomTree US Total Earnings ETFThe WisdomTree U.S. Total Earnings Fund tracks an index selected and weighted by earnings over the past four quarters. ...Full Details0.28%1233
Full List
Quarterly

See Full List of ETFs holding Avangrid stock in their respective portfolios.

Peer / Competitor Companies of Electric Utilities Sector

Along with Avangrid, Inc., the following other peer (competitor) companies also exist within the same Electric Utilities - Public Utilities sector whose company profile and dividend history is as follows:

▶ AES Corp (AES): The AES Corporation, incorporated on January 28, 1981, is a holding company. The Company, through its subsidiaries and affiliates, operates a diversified portfolio of electricity generation and distribution businesses. The ....See Detailed Company Profile,  Dividend History

▶ Algonquin Power and Utilities (AQN): Algonquin Power & Utilities Corp., through its subsidiaries, owns and operates a portfolio of regulated and non-regulated generation, distribution, and transmission utility assets in Canada and the United State....See Detailed Company Profile,  Dividend History

▶ American Electric Power (AEP): American Electric Power Company, Inc., an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers i....See Detailed Company Profile,  Dividend History

▶ Atlantic Power (AT): Atlantic Power Corporation owns and operates a fleet of power generation assets in the United States and Canada. As of December 31, 2017, its power generation projects had an aggregate gross electric generation....See Detailed Company Profile,  Dividend History

▶ Azure Power Global (AZRE): Azure Power Global Limited, together with its subsidiaries, engages in the development, construction, ownership, operation, maintenance, and management of solar power plants in India. It generates sol....See Detailed Company Profile,  Dividend History

▶ Black Hills (BKH): Black Hills Corporation, incorporated on April 28, 2000, is a holding company. The Company is an integrated energy company, which is focused primarily on regulated utilities. The Company operates through ....See Detailed Company Profile,  Dividend History

▶ Brookfield Renewable Partners (BEP): Brookfield Renewable Partners L.P., formerly Brookfield Renewable Energy Partners L.P., is the owner and operator of a portfolio of assets that generate electricity from renewable resources. The Company operates as ....See Detailed Company Profile,  Dividend History

▶ CenterPoint Energy (CNP): CenterPoint Energy, Inc., incorporated on August 31, 2001, is a public utility holding company. The Companys operating subsidiaries own and operate electric transmission and distribution facilities, and natural gas distribution ....See Detailed Company Profile,  Dividend History

▶ Centrais Electricas Brasileiras (EBR): Centrais Eletricas Brasileiras SA, incorporated on June 11, 1962, is a Brazil-based holding company engaged in the electric power generation and transmission. Its subsidiaries are responsible for 39,453 MW of ....See Detailed Company Profile,  Dividend History

▶ Centrais Electricas Brasileiras (EBR.B): Centrais Eletricas Brasileiras SA, incorporated on June 11, 1962, is a Brazil-based holding company engaged in the electric power generation and transmission. Its subsidiaries are responsible for 39,453 MW of ....See Detailed Company Profile,  Dividend History

▶ Comp En De Mn Cemig ADS (CIG): Companhia Energetica de Minas Gerais-CEMIG, incorporated on May 22, 1952, is a holding company that is engaged in the generation, transmission and distribution of electricity. The Companys segments include Generation, ....See Detailed Company Profile,  Dividend History

▶ Companhia Paranaense COPEL (ELP): Companhia Paranaense de Energia - Copel, incorporated on October 26, 1954, is engaged in the generation, transmission, distribution and sale of electricity primarily in the Brazilian State of Parana. The ....See Detailed Company Profile,  Dividend History

▶ Covanta Holding (CVA): Covanta Holding Corporation, incorporated on April 16, 1992, is a holding company. The Company, through its subsidiaries, owns and operates infrastructure for the conversion of waste to energy, as well ....See Detailed Company Profile,  Dividend History

▶ CPFL Energia (CPL): CPFL Energia S.A., incorporated on March 20, 1998, is a holding company. The Company, through its subsidiaries, distributes, generates, transmits and commercializes electricity in Brazil, as well as provides energy-related ....See Detailed Company Profile,  Dividend History

▶ Dominion Resources (D): Dominion Resources, Inc. (Dominion), incorporated on February 18, 1983, is a producer and transporter of energy. Dominion is focused on its investment in regulated electric generation, transmission and distribution and ....See Detailed Company Profile,  Dividend History

▶ Dominion Resources (DRUA): Dominion Resources, Inc. (Dominion), incorporated on February 18, 1983, is a producer and transporter of energy. Dominion is focused on its investment in regulated electric generation, transmission and distribution and ....See Detailed Company Profile,  Dividend History

▶ DTE Energy (DTE): DTE Energy Company (DTE Energy), incorporated on January 26, 1995, is an energy company. The Companys segments include Electric, Gas, Gas Storage and Pipelines, Power and Industrial Projects, Energy Trading, ....See Detailed Company Profile,  Dividend History

▶ DTE Energy (DTJ): DTE Energy Company (DTE Energy), incorporated on January 26, 1995, is an energy company. The Companys segments include Electric, Gas, Gas Storage and Pipelines, Power and Industrial Projects, Energy Trading, ....See Detailed Company Profile,  Dividend History

▶ DTE Energy (DTQ): DTE Energy Company (DTE Energy), incorporated on January 26, 1995, is an energy company. The Companys segments include Electric, Gas, Gas Storage and Pipelines, Power and Industrial Projects, Energy Trading, ....See Detailed Company Profile,  Dividend History

▶ DTE Energy (DTY): DTE Energy Company (DTE Energy), incorporated on January 26, 1995, is an energy company. The Companys segments include Electric, Gas, Gas Storage and Pipelines, Power and Industrial Projects, Energy Trading, ....See Detailed Company Profile,  Dividend History

... See Full List of All Stocks of Electric Utilities Sector.

Stock List of Other Public Utilities Sub-sectors

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▶ Stocks of UtilitiesóRenewable Sector

▶ Stocks of Water Supply Sector


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