US utility PPL is to acquire E.ON’s UK power networks for GBP3.5bn ($5.7bn) in cash to create one of the largest electricity distributors in Britain. Reuters reports that PPL, which beat a rival bid ...

PPL Corp.’s PPL shares have gained 4% in the last month against the Zacks Utility-Electric Power industry’s decline of 2.6%. The company continues to provide electricity and natural gas to its 3.6 ...

PPL Corporation’s PPL shares are trading at a forward 12-month price/earnings (P/E) ratio of 17.4X, a premium compared with the Zacks Utility - Electric Power industry’s average of 14.79X. PPL’s ...

The company reported positive earnings surprise in the last reporting quarter and it is benefiting from increased data center demand, particularly in Pennsylvania and Kentucky, as these facilities ...

PPL Corporation PPL is currently trading at a forward 12-month P/E of 18.80X compared with the Zacks Utility Electric Power industry’s 14.41X. PPL’s premium valuation is yet to be a concern as it is ...