TECO Energy, Inc. (TE) Earnings: Can Coal Kick-start This Dividend Stock?

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Is TECO a turnaround?

With a solid quarter behind it and competitive coal prices ahead, TECO Energy, Inc. (NYSE:TE) is poised for profit. But high reward offers high risk, and any regulation changes or gas price fluctuations could push this dividend stock down as fast as it’s currently headed up.

Looking ahead, investors will need to keep a close watch on what TECO chooses to do with its newfound finances. I’d like to see the company diversify beyond both natural gas and coal, offering investors a well-balanced energy portfolio to complement its currently balanced books.

The article TECO Energy Earnings: Can Coal Kick-start This Dividend Stock? originally appeared on Fool.com.

Motley Fool contributor Justin Loiseau has no position in any stocks mentioned, but he does use electricity. The Motley Fool recommends Exelon.

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