A reshuffling of the rankings. Is nuclear the cause?
Of the top ten movers in this year’s Fortnightly 40, seven utilities rose in the rankings and three went down. But the utilities moving the most from 2013 to 2014 went down hard.
The dash to gas brings volatility in shareholder performance.
Fortnightly’s 2013 ranking of shareholder value performance shows substantial changes, with gas prices weighing on some utilities and elevating others.