Top 5 Companies in the Electric Utilities Industry With the Highest Free Cash Flow Per Share (ETR, NEE, CNL, IDA, DUK)
Below are the three companies in the Electric Utilities industry with the highest free cash flow per share. FCF/share is a valuable metric signaling a company's ability to facilitate growth in the business.
Entergy ranks highest with a FCF per share of $6.21. NextEra Energy is next with a FCF per share of $4.26. Cleco ranks third highest with a FCF per share of $2.11.
IDACORP follows with a FCF per share of $1.80, and Duke Energy rounds out the top five with a FCF per share of $1.70.
SmarTrend recommended that subscribers consider buying shares of Cleco on March 28th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $50.23. Since that recommendation, shares of Cleco have risen 10.2%. We continue to monitor Cleco for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest free cash flow per share entergy nextera energy cleco idacorp Duke Energy