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The AES Corporation (AES)

NYSE - Nasdaq Real-time price. Currency in USD
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23.99-0.09 (-0.39%)
As of 11:37AM EST. Market open.
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  • k
    kuttner
    I couldn’t be happier with the daily emails I get from (http://trademarketview.tech). They give me the best daily advice based on stock market news and help me make wiser decisions when it comes to investing. An absolute must for any investor!
  • F
    FRANK
    With 98% institutionally owned, who in good heavens named is selling? The earnings report was very good--and the stock nosedives. The stock price should be knocking on 27 bucks a share's door.
    Some truly unsophisticated ownership here.
    WOW.
  • 4
    4CryinOutLoud
    Sell sell sell. AES failed to build their hydro plant in the Andes and are now seeking relief in bankruptcy court in Delaware for that subsidiary.
  • Y
    Ylann Jourdren
    something with this stock is very wrong
  • A
    Andrew
    This winter may be our year!!!!
  • J
    Jamil
    as i can see if nsdq cross 15200 below then easily AES can fall down 2% that might be 24.80$ , but it has to be open flat not gap up,,
  • F
    FRANK
    AES stock holders are koo koo.
  • K
    Kenneth
    Did they indicate if shareholders would get Fluence shares or would AES retain shares and just get the cash. Not opposed to either route. Retaining the stake would generate cash that may result in less (or no) equity issuance, which has hurt our share price.
  • R
    Ryan
    this stock has been excellent for selling strangles. very steady income
  • J
    Jeff
    Anyone here thinking of buying the Fluence I.P.O ?
  • J
    Jeff
    Wow, and I was thinking this Fluence news would bring us to $30 ???
  • E
    Eugene
    Anthony back to 22.50 from 8 mo. ago it is down over 25% from its high
    takes time 17.50 -18.00 will be a good buy .
  • J
    Jeff
    One of the key challenges to deploying renewable energy at scale is energy storage, or batteries. Solar and wind are "intermittent" sources of energy -- they turn off at night and when the wind stops blowing. So solar and wind power plants need to store excess energy during peak times to then supply it during the off times.

    A lot of innovation is needed in this space, and while there are some promising technologies on the horizon and some leadership beginning to develop, there are few independent public companies dedicated solely to storage. One of the current market leaders is Fluence, a private company, and a joint venture between the AES Corporation (NYSE:AES) and Siemens (OTC:SIEGY).

    Here AES gets to "double-dip" into renewables -- both as a U.S. utility that has successfully pivoted to renewable generation and project development, and as an investor in Fluence. As a utility, AES stock has outpaced the S&P 500 for the last five years. As an early stage investor, AES derives very little in terms of financial value from Fluence at this time. However, as Fluence continues to grow and solidify its leadership position, AES is bound to benefit. And AES's stock is priced much more affordably than Tesla's (NASDAQ:TSLA), its main competitor in large-scale storage.
  • K
    Kurt
    Many investors panicked during this pandemic and even sold their defensive positions. Cooler heads who understand that power is an inelastic service (people need electricity even during pandemics and market downturns). Utility stocks could recover quickly once investors realize that its defensive for a reason...fairly predictable income and consistent dividends.a swift recovery for utility stocks," once investors sense losses have bottomed out and begin moving back into traditionally safe stocks with strong dividends. AES is investment grade, a value pick because price dropped, innovativ and pays a lucrative growing dividend.
  • J
    Jeff
    - Fluence, a global battery storage joint venture of Siemens AG and AES Corp., said it reached an agreement with the sovereign wealth fund of Qatar for a $125 million investment.

    The funding will give the Qatar Investment Authority a 12% stake in Fluence and values the battery company at more than $1 billion, the companies said Wednesday in a joint statement. Siemens and AES will retain a 44% stake each following completion of the deal, the companies said.

    “This is one more milestone in our strategy of setting this company up and eventually taking it public,” AES Chief Executive Officer Andres Gluski said in an interview. The investment will allow Fluence to expand its energy storage offerings and develop its software that can maximize battery use in power markets, he said.

    The global energy storage business is expected to boom in the coming decades as utilities will look to batteries to backstop an increasing amount of intermittent solar and wind power. BloombergNEF forecasts that the worldwide energy storage market could attract nearly $1 trillion in investments over the next three decades.

    AES was an early entrant into the battery market, moving into the field more than a decade ago. Gluski said earlier this year that AES and Siemens were looking to sell a minority stake in Fluence, which has about 2.4 gigawatts of battery capacity installed or under development.

    Fluence will have about $500 million in revenue this year and expects it to grow annually at 40% to reach $3 billion by the end of 2025, Gluski told investors in August.
  • K
    Kurt
    Argus research actually has a price target of $24. Prior to the Pandemic, it was heading in that direction and was over $21. AES is probably the most innovative utility company in the U.S. focused on renewables, energy storage, etc. It’s a great investment with a growing dividend for past 5 years.
  • J
    Jeff
    I think LNG is a smart play. Go AES, your a winner
  • K
    Kenneth
    Listening to call. No new equity raises thru 2025. Increasing dividend profile. All in all, very good quarter. The Fluence and Uplight investments WILL be monetized over time. Those are very exciting parts of this business. The Google deal is the new model for 24/7 renewable reliability. This and NEE are the leaders in green energy. PERIOD!
  • A
    Anthony
    I still can’t believe there are not more retail investors in this ESG stock. 1 month ago AES was at 22.50 and look at it now!
  • J
    John
    AES' strategy of pursuing renewables, de-risking the company and leading the way in new technologies like energy storage is benefiting from several long term trends, including environmental goals from investors, lots of capital available for low risk investments, and transformation of the energy sector. Credit to Andres for shifting the direction of the company in the past several years, the stock had a lot of momentum in last 18 months but there is still a lot to go given the long term trends and favorable dynamics to execute the strategy.