PNW
Market read
PNW accounts for 74.2% of the group's measured movement across 1.6 effective names. all 2 measured members are falling in raw terms, but 1 of 2 session-normalized paths align to the upside. Capital-flow agreement is 28%, so confirmation is not yet clean. No verified headline preceded the measured group move.
SO moved materially before PNW. PNW crossed its material path threshold at 13:40 ET, 1305 minutes after the first measured mover.
2 of 2 members in Regulated Electric Utilities are active. 0 of 6 disclosed connections are confirming.
Invalidation: The live read weakens if participation falls to 1 of 2 members or fewer.
Research brief
PNW accounts for 74.2% of the group's measured movement across 1.6 effective names. all 2 measured members are falling in raw terms, but 1 of 2 session-normalized paths align to the upside. Capital-flow agreement is 28%, so confirmation is not yet clean. No verified headline preceded the measured group move.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
Company research
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
“APS’s consolidated net cash provided by financing activities was $503 million in 2026 compared to $561 million in 2025, a decrease of $58 million in net cash provided primarily due to a net decrease of $753 million in short-term borrowings and $200 million in…”10-Q · Aug 4, 2026 ↗
“While steady customer growth was somewhat offset by lower usage among residential customers, energy savings driven by customer conservation, energy efficiency, and distributed renewable generation initiatives, the main drivers of increased revenues for this p…”10-Q · May 4, 2026 ↗
“As a result of increased tariffs and supply chain constraints, APS amended several of its agreements from its ASRFP issued in 2023 to mitigate these cost impacts.”10-Q · Aug 4, 2026 ↗
“As a result of increased tariffs and supply chain constraints, APS amended several of its agreements from its ASRFP issued in 2023 to mitigate these cost impacts.”10-Q · Aug 4, 2026 ↗
Valuation discipline
Price/sales 2.1× · EV/sales 3.9×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 1 Oct, 14:00 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
Jodie has not returned a relevant primary source or news item for PNW. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
Jodie has not yet found a suitable current-versus-prior filing comparison for PNW. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
“PNW Power’s investments include TransCanyon, a 50/50 joint venture that was formed in 2014 with BHE U.S.”
“Certain investments and assets that BCE previously held, including the TransCanyon joint venture and holdings in the two Tenaska wind farm investments, were not included in the BCE Sale and were instead transferred to Pinnacle West Power, LLC (“PNW Power”), a…”
“Transmission LLC, a subsidiary of Berkshire Hathaway Energy Company.”
Filing peers
No filing peers are available for this name yet.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 3 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
PNW is currently a Leader in the organic co-movement group Regulated Electric Utilities. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
No durable theme membership has been observed for this name yet.