AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
S&P: Public Service Co. of Oklahoma rating BBB+: outlook stable
ByAinvest
Thursday, Jul 10, 2025 11:53 am ET1min read
S&P: Public Service Co. of Oklahoma rating BBB+: outlook stable
July 02, 2025 - Standard & Poor's (S&P) has upgraded the credit rating of Public Service Co. of Oklahoma (PSCO) to BBB+ from BBB with a stable outlook. This upgrade reflects the company's strong financial position and robust operational performance.PSCO's upgraded rating comes on the heels of the company's impressive first-quarter 2025 earnings report, which exceeded analysts' expectations. The company reported an earnings per share (EPS) of $1.43 compared to the forecast of $1.40, and its revenue surpassed projections at $3.22 billion against the anticipated $3.11 billion [2].
The stable outlook indicates that S&P expects PSCO's financial position to remain strong and its credit profile to remain stable over the next 12-24 months. The company's liquidity position has also improved significantly, with available funds increasing to $4.6 billion from $2.6 billion at the end of 2024 [2].
S&P noted that PSCO's strong utility fundamentals and consistent dividend payments contribute to its upgraded rating. The company has maintained dividend payments for 55 consecutive years, with 13 straight years of dividend increases, demonstrating remarkable financial stability [2].
Additionally, PSCO's focus on regulated capital investment and energy affordability challenges in Oklahoma has been well-received by S&P. The company's efforts to address these challenges and its potential to unlock additional value through nuclear contracts have been highlighted as key factors in its upgraded rating.
In other recent news, Public Service Enterprise Group Inc. (PSEG), a peer of PSCO, reported strong financial results and received an upgrade from UBS, highlighting the potential for nuclear assets to unlock shareholder value [1].
References:
[1] https://site.financialmodelingprep.com/market-news/fmp-ubs-upgrades-public-service-enterprise-group-to-buy-expects-big-upside-from-nuclear-contracts
[2] https://uk.investing.com/news/analyst-ratings/public-service-enterprise-group-stock-upgraded-by-ubs-on-nuclear-potential-93CH-4158967
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet