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November 26, 2024

earnings

Eversource Q1 Earnings Unfazed by Pandemic
The COVID-19 pandemic might not have impacted Eversource’s first-quarter earnings, but it is affecting it as a utility and developer of offshore wind energy projects.
Enable Losses Slam CenterPoint, OGE Energy
Enable Midstream partners CenterPoint and OGE lost $1.2 billion and $492 million, respectively, following the partnership’s recent cutbacks.
NRG’s Q1 Retail Earnings Stave off COVID Declines
In an earnings call, NRG CEO Mauricio Gutierrez touted the company’s strong position despite the social disruptions stemming from the coronavirus pandemic.
COVID-19 Takes Bite out of AEP’s Q1 Earnings
American Electric Power can be counted among companies whose environment has been turned upside down by COVID-19, with Q1 earnings down sharply.
Vistra Earnings Up as it Readies for New Normal
Vistra Energy credited early actions to prepare for the impact of the coronavirus pandemic as it reported improved first quarter earnings.
CMS Energy Stays Course Despite Virus Havoc
CMS Energy said it will stick to planned long-term investments and complete decarbonization plans despite uncertainties by the ongoing COVID-19 pandemic.
DTE to Cut Spending in Response to Pandemic
DTE Energy will cut $60 million in operations and maintenance expenses to counteract sagging energy sales caused by social distancing measures in Michigan.
FirstEnergy Sees Modest Earnings Impact from Pandemic
FirstEnergy remains confident in its earnings projections despite lower electricity demand and the likelihood of a recession from the coronavirus pandemic.
NextEra Plans to Combine FPL, Gulf Power Utilities
NextEra Energy said that it will combine its FPL and Gulf Power utilities into a single entity that will stretch from the Panhandle to Miami Beach.
CenterPoint’s Somerhalder Focused on Core Business
CenterPoint Energy interim CEO John Somerhalder introduced himself to analysts during the company's fourth-quarter earnings call.

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