Stocks breaking to new annual highs
S&P 500 oversold value screener
Relative strength momentum leaders
Upcoming earnings dates & reports
Filter and sort all 500 stocks
Continuous multi-factor scoring & catalyst forensics
Today's biggest gainers and losers
Entergy Mississippi, Inc. is a regulated electric utility serving approximately 450,000 customers across 45 counties in Mississippi, operating as a subsidiary of Entergy Corporation. The company generates electricity through a diversified portfolio including the 1,365 MW Grand Gulf Nuclear Station (the largest single-unit nuclear plant in the U.S.), natural gas combustion turbines, and purchased power agreements. As a rate-regulated monopoly, returns are determined by the Mississippi Public Service Commission through cost-of-service regulation, providing stable cash flows with limited commodity price exposure.
Operates under cost-of-service regulation where the Mississippi PSC sets allowed returns on invested capital (typically 9.5-10.5% ROE). Revenue is generated by recovering fuel costs, operating expenses, and earning regulated returns on rate base assets (transmission lines, distribution infrastructure, generation facilities). The Grand Gulf nuclear facility provides low-cost baseload generation with fuel costs around $0.008/kWh versus $0.025-0.040/kWh for natural gas peaking units. Pricing power is limited to regulatory proceedings, but the monopoly franchise eliminates competitive threats within the service territory.
Mississippi PSC rate case outcomes - allowed ROE, rate base growth, and recovery mechanisms directly impact earnings power
Grand Gulf Nuclear Station capacity factor and operational performance - unplanned outages reduce low-cost generation and increase purchased power costs
Weather-driven demand variance - cooling degree days in summer months (June-September account for 35-40% of annual residential sales)
Capital expenditure deployment and rate base growth - transmission upgrades, grid modernization, and generation investments drive regulated earnings growth at 4-6% annually
Natural gas prices - while fuel costs are passed through, gas price volatility affects working capital requirements and regulatory scrutiny
Distributed generation and grid defection - Declining solar costs and battery storage could erode rate base growth as customers reduce grid dependence, though Mississippi's lower solar irradiance (4.5-5.0 kWh/m²/day) versus Southwest states (6.0-7.0 kWh/m²/day) slows adoption
Nuclear operational and regulatory risk - Grand Gulf represents 40-45% of generation capacity; extended outages, NRC safety findings, or post-2040 license renewal challenges would require costly replacement power and potentially stranded asset write-downs
Climate transition policy - Federal carbon pricing or EPA emissions regulations could require premature retirement of natural gas peaking units or mandate expensive carbon capture retrofits, though Mississippi's regulatory environment historically supports cost recovery
Regulatory disallowances - Mississippi PSC could deny recovery of imprudent capital expenditures or limit ROE in rate cases, particularly if customer rate impacts exceed affordability thresholds (residential rates currently $0.10-0.11/kWh versus national average $0.14/kWh)
Municipal utility expansion - Cities within the service territory could establish municipal electric systems, though legal and financial barriers make this low probability in Mississippi
Abnormal current ratio of -20.84x indicates significant current liabilities exceeding current assets, potentially reflecting regulatory liabilities, deferred fuel costs, or short-term debt refinancing needs - requires investigation of balance sheet structure
Pension and OPEB obligations - Entergy parent company pension underfunding could require increased contributions, though regulated utilities typically recover these costs through rates with 1-2 year lag
Storm restoration costs - Hurricane exposure along the Gulf Coast creates lumpy capital requirements for grid restoration, though Mississippi typically allows securitization of storm costs through regulatory bonds
low - Electric utility demand exhibits minimal GDP sensitivity due to essential service nature. Industrial sales (25-30% of revenue) show moderate correlation to manufacturing activity, particularly chemical production and food processing in the service territory. Residential and commercial demand remains stable through economic cycles, with recession-period volume declines typically limited to 2-3%. Regulatory cost recovery mechanisms insulate earnings from demand volatility.
Moderate negative sensitivity to rising rates through two channels: (1) Higher financing costs on $1.5-2.0B of outstanding debt reduce earnings unless recovered in subsequent rate cases, creating 12-18 month regulatory lag. (2) Utility stocks trade as bond proxies - the dividend yield (estimated 3.5-4.5%) becomes less attractive versus risk-free Treasuries when the 10-year yield rises, compressing valuation multiples. However, formula rate plans with annual true-ups partially mitigate financing cost exposure. The current 0.18x debt/equity ratio suggests conservative leverage relative to typical utility capital structures of 50-55% debt.
Minimal - Regulated utilities face negligible credit risk as residential and commercial customers pay monthly bills, with bad debt expense typically 0.3-0.5% of revenue. Industrial customer concentration risk exists if major manufacturing facilities close, but diversified customer base across 45 counties limits exposure. The company's own credit profile depends on regulatory support and cash flow stability rather than economic credit conditions.
value/dividend - Regulated utilities attract income-focused investors seeking stable dividends (estimated 3.5-4.5% yield) and defensive characteristics. The 0.5x price/book ratio suggests deep value positioning, potentially due to parent company allocation issues or market inefficiency in pricing the subsidiary. Low volatility and predictable regulatory earnings appeal to conservative portfolios, though the abnormal financial metrics (negative current ratio, unusual EV/EBITDA) may deter institutional investors pending clarification.
low - Regulated electric utilities typically exhibit betas of 0.3-0.6, with daily volatility under 1%. Stock price movements correlate more with interest rate changes and utility sector rotation than company-specific news. The 3-month return of 0.8% and 1-year return of 1.5% reflect typical low-volatility utility performance, though the -4.3% six-month return may indicate sector-wide interest rate sensitivity or regulatory concerns.
