Earnings GrowthThe company's earnings growth is projected to be lower than the long-term guidance due to the need for equity financing, which dilutes earnings.
Equity IssuancePOR’s discounted multiple reflects a likely mediocre pending rate case outcome, above-average wildfire risk, power cost volatility, and a high equity issuance program relative to its market cap.
Rate CaseThe rate case remains unresolved, potentially impacting POR's future financial performance.