2025-06-04-Jefferies-视频_抱歉打扰了_2025年Extel调查支持_8页_352kb

Equity Research Summary: North America Power & Utilities

• Report Overview: This report analyzes the North American Power & Utilities sector, published on June 4, 2025 by Jefferies. It covers topics such as the data center thesis, gas power developments, and sector-specific trends.

• Key Themes and Insights:

  • Data Center and Gas Power: Emphasizes the enduring data center demand and positions 2025 as the year for gas power and developers, noting themes like scalability and emission control.
  • Conference Highlights: Summarizes takeaways from events like the Power+Data Center Conference, highlighting strong demand in power and data centers, and insights from the "Big Beautiful Bill" legislative changes.

• Coverage and Analysts: Focuses on Utilities, Clean Energy, Thematic Research, and Natural Gas. Analysts such as Julien Dumoulin-Smith, Paul Zimbardo, and Dushyani Ailani provide in-depth analysis, with certifications and compensation independent of recommendations.

• Rating System: Uses a three-tiered Buy/Hold/Underperform framework based on expected total return (price appreciation + yield) over 12 months, incorporating market cap, growth, and volatility metrics.

• Rating Distribution: As of June 2025, Buy ratings account for 60.54%, Hold for 35.07%, and Underperform for 4.39% in the sector.

• Call to Action: Readers are requested to vote in the Extel survey if they find the research additive, with instructions provided for each industry sector.