earnings
Electric cat, CC BY-SA 3.0, via Wikimedia Commons
Wall Street has reacted to earnings releases from AEP, NextEra Energy and Xcel Energy by increasing their share prices in the following days.
DTE Energy executives promised a more aggressive clean energy transition during a third quarter earnings call.
FirstEnergy reported that power deliveries for Q3 were flat, with an uptick in industrial demand offsetting a decline in residential and commercial demand.
PG&E said in a Q3 earnings call it faces $100 million in costs from this year's Mosquito Fire, plus a $155 million fine for the deadly Zogg Fire in 2020.
The Virginia Corporation Commission approved Dominion Energy’s OSW project, but the utility’s CEO said the capacity performance guarantee is “disappointing.”
Vistra CEO Jim Burke says he remains confident in the company's value proposition, even as it turned in a major second-quarter loss.
OGE has shed 77% of its investment in Enable Midstream Partners for an $813 million return at an average price of $11.09/unit, a 33% premium since December.
Duke Energy put a “for sale” sign on its 3.5-GW commercial renewable business, saying it wants to focus its capital on regulated spending.
Entergy easily beat analysts’ expectations with its second-quarter results, thanks to better-than-expected retail sales during the early-summer heat.
Texas’ record-breaking heat through June boosted CenterPoint Energy’s second-quarter earnings and led its management to again raise its earning guidance.
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