Stephen Ellis is senior director, ESG Research at Morningstar Sustainalytics. Previously, he was strategist, AM Resources, for Morningstar Equity Research.
Stephen Ellis
Stephen Ellis is senior director, ESG Research at Morningstar Sustainalytics.
More From Stephen Ellis

Kinder Morgan Earnings: Healthy Business Offset by Higher Interest Expense, Lower Prices
The firm continues to allocate capital prudently, and we still find the stock fairly valued.

Hamas Attack on Israel Has Limited Direct Impact on Oil Markets
We don’t believe the conflict should ultimately be material for markets, though the U.S. could harden sanctions against Iran.

Energy: Stocks Outperform, Helped by Tight Oil Market
With less than 15% of the sector undervalued, investors are clearly underwriting a higher-for-longer oil price scenario.

Is This New Dividend Aristocrat Yielding 7% a Buy?
This wide-moat company has raised its dividend for 25 years in a row.

Enbridge Adds 3 U.S. Gas Distribution Utilities in Defensive Move
Enbridge moves to boost earnings from utilities businesses; we are leaving the stock’s fair value estimate unchanged.




