Hawaiian Electric Industries, Inc. (HE)
After hours:
| Previous Close | 10.95 |
| Open | 10.90 |
| Bid | 0.00 x 2200 |
| Ask | 0.00 x 800 |
| Day's Range | 10.73 - 10.97 |
| 52 Week Range | 8.74 - 40.16 |
| Volume | |
| Avg. Volume | 2,376,475 |
| Market Cap | 1.2B |
| Beta (5Y Monthly) | 0.53 |
| PE Ratio (TTM) | 6.01 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | Aug 17, 2023 |
| 1y Target Est | N/A |
- Reuters
Hawaiian Electric tells customers on Hawaii Island to resume normal power usage
Hawaiian Electric on Wednesday told customers to resume using electricity a normal, ending a call to conserve power on Hawaii Island after its generation capacity dropped due to some units going out of service. These units have a combined production capacity of up to 53 megawatts (MW), which could account for nearly one-third of Hawaii Island's typical peak demand of 180 MW. Hawaiian Electric and independent power producer Hamakua Energy continue to troubleshoot and repair the generating units that are out of service, it said.
- Bloomberg
Maui Fire Officials Defend Response to Deadly Lahaina Blaze
(Bloomberg) -- Maui Fire Department officials defended their initial response to what became the deadliest fire in Hawaii history, saying they stayed at the scene of the Aug. 8 blaze until it was fully extinguished.Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingChina Tells Iran Cooperation Will Last After Attack on IsraelWhat If Fed Rate Hikes Are Actually Sparking US Economic Boom?Powell Signals Rate-Cut Delay After Run of Inflation SurprisesRed Lobster Cons
- Yahoo Finance Video
Hawaiian Electric falls to 40-year low amid Maui fire report
Shares of Hawaiian Electric (HE) fall to a 40-year low. The lows come as the Maui Fire Department is set to release its After Action Report which details how the agency responded to the Maui fires last August. According to a Bloomberg report. the leaked report clears first responders of responsibility, which raises questions about the liability that falls onto Hawaiian Electric. According to a New York Times article, Hawaiian Electric acknowledged that one of its power lines fell and caused a fire in Lahaina the morning of Aug. 8 but denies that those are the same flames responsible for the fires that raged through the town later that day. There is also an Attorney General report that is scheduled to be released this week on Wednesday, April 17. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by John Tejada.
