Edison International (EIX) news

Italy's Edison CEO: Group has no visibility on QatarEnergy's force majeure beyond beginning of December

Italy’s Edison, a major energy company, has stated that it lacks visibility on the duration of QatarEnergy’s force majeure on liquefied natural gas (LNG) supply beyond early December 2026. The force majeure, which was initially declared by QatarEnergy, has disrupted LNG deliveries to several…

Italy's Edison CEO: EDF to pause plan to sell a stake in Italy's Edison at least until beginning of 2027

Italy's Edison CEO Nicola Monti has indicated that EDF, the French energy giant and parent company of Edison, is likely to pause its plan to sell a stake in the Italian utility at least until the beginning of 2027. The delay is attributed to ongoing disruptions in global LNG supply caused by the…

Edison International: JP Morgan cuts target price to $59 from $61

JP Morgan has revised its target price for Edison International (EIX), lowering it to $59 from the previous $61, reflecting a slight adjustment in its valuation outlook for the utility company. The move comes amid ongoing assessments of Edison International's performance and broader market…

Moody's Ratings assigns MIG 1 to Township of Edison, NJ's bans; affirms outstanding ratings

Moody’s Investors Service has assigned its highest rating of MIG 1 to the general obligation bonds issued by the Township of Edison, New Jersey, and affirmed all outstanding ratings. The rating reflects the township’s strong financial position, including stable revenue sources, prudent fiscal…

Edison International: Jefferies cuts to underperform from hold; cuts target price to $42 from $53