PPL Corporation and Blackstone Infrastructure have formed a joint venture to construct natural gas plants in Pennsylvania, primarily to support the growing demand from data centers. This partnership hails PPL Corporation as the 'biggest winner' from a data center summit. Equity Investment Corp, Verdence Capital Advisors, and Axxcess Wealth Management have all respectively invested in PPL, indicating the market's increased affinity for the company and its operations. However, there have also been reports of some investors reducing their stakes, such as the New York State Common Retirement Fund and Jennison Associates. There are positive analyst outlooks regarding PPL's stock performance, and the company is seen as a potential long-term investment, despite the company's trading volumes experiencing fluctuations. PPL's strategic focus is underscored by its upcoming webcasts on second-quarter 2025 earnings results and a series of capital investments. However, there seems to be some concern surrounding the company's return on equity (ROE), and the retirement of Executive Vice President and COO Fran Sullivan has been announced.
Ppl Corporation PPL News Analytics from Thu, 02 Jan 2025 08:00:00 GMT to Sun, 20 Jul 2025 00:15:14 GMT -
Rating 6
- Innovation 3
- Information 7
- Rumor -2
