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July 4, 2024

earnings

New PG&E CEO Promises ‘Hometown Experience’
New PG&E CEO Patti Poppe vowed change as she laid out her vision for the utility, which reported a loss of $1.05/share for 2020.
Entergy Profits Unscathed by Storms, Virus
Vicious storms and an ongoing pandemic failed to hobble year-over-year profit growth, Entergy executives said.
Exelon
Exelon to Split Tx, Generation Businesses
Exelon plans to separate its regulated transmission and distribution utilities from its merchant power generation business.
PPL Close to UK Sale, Ramping up Investments
PPL officials are looking for the sale of its U.K. utility to help fund billions of dollars in clean energy and infrastructure investments in the U.S.
FirstEnergy Shares Jump on Icahn Investment
FirstEnergy updated investors on the ongoing investigation into House Bill 6 and disclosed investor Carl Icahn is looking to acquire a stake in the company.
Con Edison 2020 Earnings down 18% YOY
Con Edison’s 2020 earnings were down 18% from the previous year because of lower C&I demand during the pandemic and costs from Tropical Storm Isaias.
Eversource Reports Profit Increase, Carbon Decrease
Eversource Energy earned $1.2 billion ($3.55/share) in 2020, a nearly 33% increase over 2019’s earnings of $909.1 million ($2.81/share).
Duke Plans for $59 Billion in Capital Investment
Duke Energy executives said they have put the challenges of 2020 behind them, predicting a 5 to 7% annualized increase in earnings per share through 2025.
NEPOOL Participants Committee Briefs: Feb. 4, 2021
The NEPOOL Participants Committee discussed compensation for officers, ISO-NE's energy market and extended FERC deadlines at its last meeting.
Xcel Excels with ‘Stellar’ 2020 Earnings
Xcel Energy reported year-end earnings of $2.79/share, a 15-cent increase from its 2019 performance, despite a "challenging year."

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