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September 10, 2024

Company News

ConEd
Con Ed Q2 Earnings Rise 7%
Consolidated Edison earned $188 million ($0.60/share) in the second quarter, a 7% increase from $175 million ($0.57/share) in the same period last year.
Dominion Energy
Dominion Earnings up on Power Demand, Tax Cuts
Dominion Energy's operating earnings jumped by one-third in the second quarter, boosted by power sales to new data centers.
Port of Freeport
CenterPoint Misses Expectations with $75M Loss
CenterPoint Energy reported a second-quarter loss of $75 million ($0.17/share), compared to a profit of $135 million ($0.31/share) a year earlier.
PSEG
PSEG Earnings, Combined Cycle Fleet Grow in Q2
Public Service Enterprise Group added two new combined cycle plants to its generating fleet as earnings rose in the second quarter.
Eversource
Eversource Boosting CapEx by $600 Million
Eversource Energy is increasing its capital spending over the next three years by $600 million, bringing the total to $7.1 billion through 2021.
FirstEnergy Almost Free of FES Bankruptcy
FirstEnergy has reached what CEO Charles Jones called a “big milestone” in its process of unwinding from FirstEnergy Solutions' (FES) bankruptcy.
Entergy
Entergy Sees Quicker Exit from Pilgrim, Palisades Nukes
Entergy announced the sale of its Pilgrim and Palisades nuclear power facilities for their accelerated decommissioning, earning financial analysts' praise.
SCANA
SCANA Shareholders Approve Sale to Dominion
SCANA stockholders on Tuesday overwhelmingly approved the company’s sale to Dominion Energy, moving the deal one step closer to completion.
NextEra to Close Duane Arnold Nuclear Plant
NextEra Energy Resources announced that it will close the Duane Arnold Energy Center, Iowa’s only nuclear power plant, five years earlier than expected.
AEP, NextEra Energy, Xcel Energy Briefs
AEP stock ended the week at $71.14/share, up $1.76, after it announced the cancellation of its Wind Catcher Energy Connection project.

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