New England Power Company PFD 6% (NEWEN) Stock Price & Analysis
Educational signal · not a buy or sell recommendation · How to read this
P/E 123.24 means the share price is 123.24 times one year of earnings per share. Beta 0.16: the stock has moved about 84% less than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.5-flash, generated Jun 15, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerNew England Power Company PFD 6% (NEWEN) trades at $100.20. New England Power Company PFD 6% operates electric transmission facilities across the USA, serving as a regulated utility within the power sector. Sector: Utilities.
Price as of · Last analyzed: Jun 15, 2026Analyst Coverage for NEWEN: NEWEN does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
Not scored: this is a debt/preferred or other non-common instrument, or its reported market value does not match its share basis.
New England Power Company PFD 6% (NEWEN) Utility Operations & Dividend Profile
New England Power Company PFD 6% operates essential electric transmission facilities across the USA, functioning as a regulated utility. This preferred stock, listed on the OTC Other tier, provides investors with exposure to stable infrastructure operations, characterized by a fixed dividend yield and a low beta in the utilities sector.
What Is the Investment Thesis for NEWEN?
New England Power Company PFD 6% offers a distinct investment profile, primarily appealing to investors seeking stable income and lower volatility within the utilities sector. With a P/E ratio of 123.24, a robust Profit Margin of 18.3%, and a Gross Margin of 63.4%, the company demonstrates operational efficiency typical of regulated utilities. The preferred stock's 4.01% dividend yield provides a consistent income stream, a key value driver for this type of security. Growth catalysts for NEWEN are likely tied to ongoing infrastructure investments in grid modernization, regulatory-approved capital expenditure programs for transmission upgrades, and the increasing demand for reliable power delivery to support economic expansion. However, as an OTC-traded preferred stock, liquidity constraints and regulatory changes impacting utility rates or transmission cost recovery represent potential risks. The company's ability to maintain its dividend payments and navigate the evolving regulatory landscape will be critical for its long-term value proposition.
Based on FMP financials and quantitative analysis
NEWEN Key Highlights
A P/E ratio of 123.24 reflects its valuation in the regulated utilities sector, indicating investor confidence in its stable earnings.
- A strong Profit Margin of 18.3% demonstrates efficient management and cost control within its electric transmission operations.
- Gross Margin of 63.4% highlights the significant profitability of its core service, indicating a strong pricing power or cost structure for its transmission facilities.
- A Beta of 0.16 signifies very low volatility relative to the broader market, positioning it as a defensive asset in an investment portfolio.
- A consistent Dividend Yield of 4.01% underscores its appeal as an income-generating preferred stock, providing regular returns to shareholders.
Who Are NEWEN's Competitors?
NEWEN is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| NSARP NSTAR Electric Company PFD 4.25% | $67.00 | -0.37% | $27.7B | — |
| UEPCO Union Electric Company | $89.25 | 0.00% | $30.6B | — |
| NEE NextEra Energy, Inc. | $76.83 | +0.64% | $160B | 59 5-pillar |
| SOJE The Southern Company | $16.12 | +1.45% | $106B | 60 5-pillar |
| DUK Duke Energy Corporation | $114.13 | +0.34% | $89.0B | 51 5-pillar |
| NGG National Grid plc | $76.12 | +1.05% | $76.5B | 60 5-pillar |
| AEP American Electric Power Company | $119.57 | -0.15% | $65.1B | 64 5-pillar |
| D Dominion Energy, Inc. | $61.31 | +0.91% | $53.9B | 43 5-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are NEWEN's Key Strengths?
Stable, regulated revenue streams from essential electric transmission services.
- High gross and profit margins (63.4% and 18.3% respectively) indicate operational efficiency.
- Low Beta of 0.16 suggests defensive investment characteristics and reduced market volatility.
- Consistent 4.01% dividend yield offers attractive income for preferred shareholders.
What Are NEWEN's Weaknesses?
Limited growth potential inherent in a highly regulated, mature industry.
- Small employee base (7 employees) may indicate limited operational scale or specialized focus.
- Exposure to regulatory risk, where changes in policy or rate-setting can impact profitability.
- Limited liquidity and transparency due to OTC trading and 'OTC Other' tier classification.
What Are the Key Risks for NEWEN?
Rich valuation — a P/E of 123.24 runs well above the Utilities sector’s ~18.40x, leaving little room for a miss.
- **Adverse Regulatory Changes.** Changes in federal or state regulations pertaining to transmission rates, cost recovery mechanisms, or environmental standards could negatively impact the company's financial performance.
- **Interest Rate Sensitivity for Preferred Stock.** As a fixed-income-like security, the value of NEWEN PFD 6% is sensitive to interest rate fluctuations; rising rates could diminish its relative attractiveness.
- **Limited Liquidity and Transparency.** Trading on the 'OTC Other' tier with unknown disclosure status poses significant risks related to price discovery, trading execution, and access to essential financial information.
- **Infrastructure Failure or Natural Disasters.** Major outages or damage to transmission facilities due to operational failures, severe weather, or other unforeseen events could incur significant repair costs and service disruptions.
- **Cybersecurity Threats.** The increasing sophistication of cyberattacks poses a continuous risk to critical infrastructure, potentially leading to operational disruptions, data breaches, and regulatory penalties.
What Are NEWEN's Competitive Advantages?
- **High Barriers to Entry:** Significant capital investment and complex regulatory approvals are required to build and operate transmission infrastructure.
- **Essential Service:** Electric transmission is a fundamental and non-substitutable service for modern economies.
- **Regulatory Protection:** As a regulated utility, the company operates within a defined service territory with limited direct competition for its specific assets.
- **Economies of Scale:** Existing infrastructure provides a cost advantage over potential new entrants.
- **Long-Term Assets:** Transmission lines have very long operational lifespans, providing durable revenue streams.
What Does NEWEN Do?
New England Power Company (NEWEN PFD 6%) is a utility entity primarily focused on the operation of electric transmission facilities across the United States. Established to manage critical infrastructure, the company plays an integral role in the broader energy grid by ensuring the reliable and efficient delivery of electricity from generation sources to local distribution networks. Its operations are concentrated within the utilities sector, specifically the regulated electric industry, which typically involves a stable revenue stream due to the essential nature of its services and oversight from regulatory bodies. As a preferred stock, NEWEN PFD 6% represents a distinct investment vehicle, offering a fixed dividend payment to shareholders, which positions it as a fixed-income-like asset within the power utility space. The company's business model is centered on the maintenance, upgrade, and expansion of its transmission infrastructure, which is crucial for grid stability and the integration of diverse energy sources. While specific details regarding its founding story and historical evolution are not provided, its continued operation of electric transmission facilities underscores its established presence in the utility landscape. The company's headquarters are located in Waltham, US, and it manages a lean operational structure with seven employees, indicating a highly specialized and focused operational scope. Its listing on the OTC Other tier reflects a particular market positioning, often associated with companies that do not meet the listing requirements of major exchanges, yet still provide essential services within their respective industries.
What Products and Services Does NEWEN Offer?
- Operate and maintain electric transmission lines and associated infrastructure.
- Ensure the reliable and efficient delivery of electricity across the USA.
- Connect power generation facilities to local distribution networks.
- Manage the flow of high-voltage electricity over long distances.
- Engage in infrastructure upgrades and modernization projects for the grid.
- Adhere to regulatory standards and requirements for electric transmission.
How Does NEWEN Make Money?
- Generate revenue through regulated tariffs for the transmission of electricity.
- Recover capital expenditures and operating costs through rates approved by regulatory bodies.
- Earn a regulated rate of return on its invested capital in transmission assets.
- Provide essential utility services under a stable, government-regulated framework.
What Industry Does NEWEN Operate In?
New England Power Company PFD 6% operates within the highly regulated electric utility industry, specifically focusing on electric transmission. This sector is characterized by its essential service nature, high barriers to entry due to significant capital requirements and regulatory hurdles, and generally stable demand. Market trends include ongoing grid modernization efforts, the integration of renewable energy sources requiring new transmission infrastructure, and increasing focus on grid resilience against extreme weather events. The competitive landscape for transmission operators is often regional and defined by regulatory frameworks, with companies like NSTAR Electric Company PFD 4.25% (NSARP) and Union Electric Company (UEPCO) serving similar or adjacent markets. NEWEN's position as a preferred stock in this regulated environment suggests a focus on providing stable, predictable returns rather than aggressive growth, fitting into a niche within the broader utility market.
Who Are NEWEN's Key Customers?
- Local electric distribution companies and utilities.
- Large industrial and commercial consumers requiring direct transmission access.
- Power generators seeking to transmit electricity to market.
- Regional transmission organizations (RTOs) or independent system operators (ISOs).
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● No filing on record
- ● No analyst coverage
- ● This is a preferred, not an operating company
Key Financial Metrics
Return on equity for New England Power Company PFD 6% stands at 7.7%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 2.7%, showing how much profit it generates from its asset base. NEWEN trades at a trailing price-to-earnings ratio of 123.24, above the Utilities sector average of ~18.40x. A current ratio of 1.35 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 0.8%, the inverse of the P/E and a quick read on earnings relative to price.
Company Profile
New England Power Company PFD 6% operates in the Regulated Electric industry within the Utilities sector. It is headquartered in Westborough, US. NEWEN has traded publicly since 2012.
NEWEN Financials
Bull Case vs Bear Case
Bull Case
- Stable, regulated revenue streams from essential electric transmission services.
- High gross and profit margins (63.4% and 18.3% respectively) indicate operational efficiency.
- Low Beta of 0.16 suggests defensive investment characteristics and reduced market volatility.
- Consistent 4.01% dividend yield offers attractive income for preferred shareholders.
Bear Case
- Limited growth potential inherent in a highly regulated, mature industry.
- Small employee base (7 employees) may indicate limited operational scale or specialized focus.
- Exposure to regulatory risk, where changes in policy or rate-setting can impact profitability.
- Limited liquidity and transparency due to OTC trading and 'OTC Other' tier classification.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · June 2026
NEWEN Latest News
No recent news available for NEWEN.
NEWEN Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for NEWEN.
Price Targets
Wall Street price target analysis for NEWEN.
NEWEN MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for NEWEN; grades run from A+ (80-100) to F (below 30).
Leadership: Zoe A Yujnovich
CEO
Zoe A Yujnovich serves as the CEO of New England Power Company, overseeing the strategic direction and operational management of the electric transmission facilities. Her position at the helm of a company with a focused operational scope and a small team of seven employees indicates a hands-on approach to leadership within the specialized utilities sector.
Track Record: Under Zoe A Yujnovich's leadership, New England Power Company continues its operations in electric transmission, maintaining essential infrastructure. Her tenure is characterized by managing the company's commitment to reliable power delivery and navigating the complexities of the regulated electric industry. Key achievements would likely include ensuring operational efficiency, maintaining compliance with regulatory mandates, and managing the company's financial performance to support its preferred stock dividend.
NEWEN OTC Market Information
New England Power Company PFD 6% trades on the 'OTC Other' tier, which is the lowest of the OTC Markets Group's three tiers. Unlike stocks on major exchanges like NYSE or NASDAQ, 'OTC Other' securities do not require companies to meet minimum financial standards or file regular reports with the SEC. This tier includes companies that may not be current in their disclosures, are in financial distress, or are simply small, private companies with limited public float. It signifies a lower level of transparency and regulatory oversight compared to OTCQX or OTCQB tiers, which have stricter reporting requirements.
- OTC Tier: OTC Other
- **Limited Information & Transparency:** Unknown disclosure status means investors lack access to critical financial and operational data, making informed decisions difficult.
- **Low Liquidity:** The 'OTC Other' tier often results in thin trading volumes and wide bid-ask spreads, making it hard to buy or sell shares efficiently.
- **Price Volatility:** Limited trading and information can lead to significant and unpredictable price swings, increasing investment risk.
- **Regulatory Oversight:** Less stringent regulatory oversight compared to major exchanges or higher OTC tiers may expose investors to greater risks of fraud or manipulation.
- **Difficulty in Valuation:** Without consistent financial reporting, accurately valuing the company and its preferred stock becomes highly speculative.
- Attempt to obtain any available financial statements or company reports directly from the company or through third-party sources.
- Thoroughly understand the terms and conditions of the preferred stock, including dividend rights, liquidation preferences, and call provisions.
- Research the specific regulatory environment governing electric transmission in the company's operating regions.
- Assess the company's operational history and any public records of its performance or regulatory compliance.
- Evaluate the management team's experience and track record, if any additional information can be found.
- Consider the potential impact of interest rate changes on the value of a fixed-income preferred stock.
- Consult with a financial advisor experienced in OTC and preferred stock investments.
- **Operational Business:** The company is explicitly stated to be 'engaged in operating electric transmission facilities in USA,' indicating a tangible business.
- **Regulated Industry:** Operating in the regulated electric utility sector inherently implies a degree of oversight and essential service provision.
- **Consistent Dividend Yield:** A reported 4.01% dividend yield suggests a history of dividend payments, which can be a sign of financial stability.
- **Identified CEO:** The presence of a named CEO, Zoe A Yujnovich, provides a clear point of leadership and accountability.
- **Specific Industry Peers:** The existence of identified FMP peer tickers (NSARP, UEPCO) suggests it operates within a recognized industry segment.
New England Power Company PFD 6% Utilities Stock: Key Questions Answered
What are the main risks for NEWEN?
The primary risks for New England Power Company PFD 6% stem from its nature as a regulated utility and its OTC listing.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- Limited specific historical and operational details were provided for New England Power Company PFD 6%, requiring some inference based on its sector and industry classification.
- Growth opportunities and catalysts are generalized for regulated electric transmission utilities due to limited company-specific project details.
- CEO background and track record are generalized due to limited specific information provided in the source data.