Company News
OGE reported net income of $57.9 million in the fourth quarter of 2016, compared to $29.4 million the year prior.
Eversource Energy reported 2016 earnings of $942.3 million, up 7% over 2015 earnings of $878.5 million.
The Texas PUC concluded four days of hearings on NextEra Energy’s proposed $18.7 billion Oncor acquisition on Friday after hearing from both CEOs.
NextEra Energy CEO Jim Robo made a last-minute appearance before the PUCT Thursday -- leaving nothing to chance in the company’s pursuit of Oncor.
NiSource is holding firm to its plan to retire half of its coal generation by 2023 while increasing infrastructure spending from already record levels.
NextEra Energy's bid to win PUCT approval of its Oncor acquisition will be no slam dunk if the first two days of hearings are any indication.
The CEO of FirstEnergy said the company plans to seek subsidies - zero-emission credits (ZECs) - for its Ohio nuclear plants to make them attractive to buyers.
Duke Energy saw its 2016 earnings drop more than 20% to $2.15 billion ($3.11/share) from $2.82 billion ($4.05/share) in 2015.
Entergy reported its 4th quarter earnings were $55.5 million ($0.31/share), but pleased analysts with the wind-down of its merchant nuclear power business
PG&E earned $692 million during the fourth quarter of 2016, compared with $134 million during the same period a year earlier.
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