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July 4, 2024

earnings

CenterPoint Energy
CenterPoint Energy Turns in Solid 2021 Performance
CenterPoint Energy continued its recovery from a disastrous 2020, reporting strong year-end and fourth-quarter earnings on Tuesday.
PPL
PPL Announces Losses, Dividend Cut in Q4 Call
PPL’s stock price took a sharp hit when it announced during its Q4 earnings call that it was cutting dividends in half and missed earnings targets.
Con Edison
Con Edison 2021 Earnings Jump 22%
Consolidated Edison on Thursday reported 2021 net income of $1.35 billion ($3.86/share), up 22.3% compared with $1.1 billion ($3.29/share) the previous year.
FirstEnergy
FirstEnergy Shareholder Settlement: 6 of 16 Board Members Must Leave
Under a settlement with shareholders, six members of FirstEnergy’s board of directors would not seek re-election at the company’s annual meeting in May.
PG&E
PG&E Plans to Spend $25B to Bury Lines
In a Q4 call, PG&E for the first time put a price tag of more than $25 billion on its proposal to underground 10,000 miles of lines in high-threat fire areas.
Duke Energy
Duke Energy Tout Clean Energy Gains
Duke Energy executives touted the company’s clean energy plans during the company’s fourth-quarter earnings call.
Xcel Energy
Electric, Gas Revenues Drive Xcel’s 2021 Earnings
Xcel Energy has reported year-end earnings that, thanks to higher electric and natural gas revenues, met its guidance for the 17th straight year.
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Robo Stepping down as NextEra’s CEO
Jim Robo announced he is stepping down after almost 10 years as NextEra Energy's CEO during the company's year-end earnings call.
Dominion’s OSW Project to Cost $9.8B, up from $8B
Dominion Energy said the cost of its Coastal Virginia Offshore Wind project has increased by more than 20% to $9.8 billion.
OG&E
Vistra Recovering from Winter Storm’s Costs
Vistra continued its recovery from Winter Storm Uri with a solid third quarter, and it already has begun to look toward future investments.

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