NextEra Energy Snags Fortune's "Most Admired Utility"

NextEra Energy (NYSE: NEE  ) announced today that it snagged the top spot for electric and gas utilities on Fortune magazine's "Most Admired Companies" list.

While the award is reason to celebrate, it's no new news for NextEra, as 2014 marks the eighth straight year that NextEra Energy has grabbed Fortune magazine's gold medal.

"On behalf of our terrific team of nearly 14,000 NextEra Energy employees, I am extremely humbled by the fact that thousands of executives, directors, and financial analysts hold our great company in such high esteem," said NextEra Energy Chairman and CEO Jim Robo in a statement today. "This group of accomplished leaders knows our industry well, and we are appreciative of their recognition of our talented team, our leadership in advancing clean energy on behalf of our customers, and our steadfast commitment to environmental and social responsibility."

Around 15,000 executives weigh in on Fortune's list, ranking companies by such attributes as innovation, use of corporate assets, social responsibility, global competitiveness, and (of note for Foolish investors) long-term investability.

Among accomplishments that NextEra independently listed, the utility noted that its 10-year shareholder return clocks in at 271% (compared with 142% for the S&P 500 (SNPINDEX: ^GSPC  ) , its sulfur dioxide emissions are 97% lower than the industry average, and its Florida Power Light utility's average residential customer bill is the lowest in the nation.


Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2858394, ~/Articles/ArticleHandler.aspx, 8/28/2015 5:43:41 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Justin Loiseau

Energy and Macroeconomic Specialist keeping investors up to date with macro news, utilities, and good companies doing good things.

Today's Market

updated 8 hours ago Sponsored by:
DOW 16,654.77 369.26 2.27%
S&P 500 1,987.66 47.15 2.43%
NASD 4,812.71 115.17 2.45%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

8/27/2015 4:06 PM
NEE $102.26 Up +0.60 +0.59%
NextEra Energy, In… CAPS Rating: *****
^GSPC $1987.66 Up +47.15 +2.43%
S&P 500 INDEX CAPS Rating: No stars