earnings
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 Midstream partners CenterPoint and OGE lost $1.2 billion and $492 million, respectively, following the partnership’s recent cutbacks.
In an earnings call, NRG CEO Mauricio Gutierrez touted the company’s strong position despite the social disruptions stemming from the coronavirus pandemic.
American Electric Power can be counted among companies whose environment has been turned upside down by COVID-19, with Q1 earnings down sharply.
Vistra Energy credited early actions to prepare for the impact of the coronavirus pandemic as it reported improved first quarter earnings.
CMS Energy said it will stick to planned long-term investments and complete decarbonization plans despite uncertainties by the ongoing COVID-19 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 remains confident in its earnings projections despite lower electricity demand and the likelihood of a recession from the coronavirus pandemic.
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 Energy interim CEO John Somerhalder introduced himself to analysts during the company's fourth-quarter earnings call.
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