Pinnacle West Capital Corp
PNW: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| #vj | LOCK|PfC | LOCK|&KR!#J< |
Pinnacle West: Court Ruling Raises Uncertainty Around New Formula Ratemaking
The Maricopa County Superior Court on Sept. 3 issued a stay of the Arizona Corporation Commission's implementation of a new formula rate plan to set customer rates for the state's utilities, including Pinnacle West subsidiary Arizona Public Service.
