Entergy traded at $112.86 this Wednesday July 1st, decreasing $2.00 or 1.74 percent since the previous trading session. Looking back, over the last four weeks, Entergy lost 4.89 percent. Over the last 12 months, its price rose by 38.79 percent. Looking ahead, we forecast Entergy to be priced at 113.50 by the end of this quarter and at 106.56 in one year, according to Trading Economics global macro models projections and analysts expectations.
Entergy Corporation is a holding company. The Company is an integrated energy company engaged in electric power production and retail electric distribution operations. The Company operates through two business segments: Utility and Entergy Wholesale Commodities. The Utility segment includes the generation, transmission, distribution and sale of electric power to retail and wholesale customers in areas of Arkansas, Mississippi, Texas and Louisiana, including the City of New Orleans and operates a natural gas distribution business. The Entergy Wholesale Commodities segment includes the ownership, operation and decommissioning of nuclear power plants located in the northern United States and the sale of the electric power produced by its operating plants to wholesale customers. The Company owns and operates power generating fleets with approximately 30,000 megawatts of electric generating capacity, including 7,000 megawatts of nuclear power.