NSTAR (NST, Financial) filed Annual Report for the period ended 2011-12-31.
Nstar has a market cap of $4.75 billion; its shares were traded at around $45.87 with a P/E ratio of 17.24 and P/S ratio of 1.62. The dividend yield of Nstar stocks is 3.71%. Nstar had an annual average earning growth of 3.5% over the past 10 years.
NSTAR Gas generates revenues primarily through the sale and/or transportation of natural gas. Gas sales and transportation services are divided into two categories: firm, whereby NSTAR Gas must supply gas and/or transportation services to customers on demand; and interruptible, whereby NSTAR Gas may, generally during colder months, temporarily discontinue service to high volume commercial and industrial customers. Sales and transportation of gas to interruptible customers have no impact on NSTAR Gas operating income because a substantial portion of the margin for such service is returned to its firm customers as rate reductions.
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Nstar has a market cap of $4.75 billion; its shares were traded at around $45.87 with a P/E ratio of 17.24 and P/S ratio of 1.62. The dividend yield of Nstar stocks is 3.71%. Nstar had an annual average earning growth of 3.5% over the past 10 years.
Highlight of Business Operations:
NSTAR (or the Company) is a holding company engaged through its subsidiaries in the energy delivery business serving approximately 1.4 million customers in Massachusetts, including approximately 1.1 million electric distribution customers in 81 communities and approximately 300,000 natural gas distribution customers in 51 communities. Utility operations accounted for approximately 99% of consolidated operating revenues from continuing operations in 2011, 2010, and 2009. The remaining revenue is generated from its unregulated operations. NSTAR was chartered as a Massachusetts Business Trust on April 20, 1999. Its principal subsidiaries, NSTAR Electric Company and NSTAR Gas Company, both Massachusetts corporations, were incorporated in 1886 and 1851, respectively.NSTAR Gas generates revenues primarily through the sale and/or transportation of natural gas. Gas sales and transportation services are divided into two categories: firm, whereby NSTAR Gas must supply gas and/or transportation services to customers on demand; and interruptible, whereby NSTAR Gas may, generally during colder months, temporarily discontinue service to high volume commercial and industrial customers. Sales and transportation of gas to interruptible customers have no impact on NSTAR Gas operating income because a substantial portion of the margin for such service is returned to its firm customers as rate reductions.
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