Entergy Corp (ETR) in Franklin Utilities Fund Q2 2024

Investing in Grid Modernization and Renewable Energy

Apr 15, 2025

Summary

Investment rationale: Focus on grid modernization and renewable energy initiatives.
Market positioning: Leading utility provider in the Gulf Coast region.
Risks and challenges: Regulatory hurdles and interest rate volatility.
Recent performance: Holds 4.47% of the fund's total assets.
Future outlook: Continued investment in modernizing infrastructure and expanding renewable energy capacity.

Entergy Corp (ETR, Financial) was featured in the Franklin Utilities Fund Q2 2024 commentary, highlighting its commitment to grid modernization and renewable energy initiatives. The company's strategic focus on enhancing infrastructure and expanding renewable energy capacity positions it well to meet future energy demands.

"With increased levels of capital spending and the future uncertainty of interest rates, several utilities have signaled a change in dividend policy toward one paying a lower percentage of earnings." — Franklin Utilities Fund, Q2 2024 Fund Letter

Read full letter at gurufocus franklin utilities fund q2 2024 commentary 2024 Q2 page.

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