Growth StrategyThere is a bullish outlook on the company's growth strategy, driven by a strong capital expenditure profile for the next 3 years.
Regulatory DevelopmentsThe settlement of the Tidewater rate case in Delaware is viewed constructively, allowing for a notable revenue increase.
ValuationThe company is trading near its lowest NTM P/E level in the last decade, representing a ~30% discount to its five-year average, making its valuation particularly attractive.