earnings
Xcel Energy reported earnings of $527 million ($1.01/share) for the quarter, up from $491 million the same period a year ago ($0.96/share).
OGE Energy reported second-quarter earnings that beat Wall Street’s expectations and reflected economic growth in its service territory.
The judge overseeing PG&E’s bankruptcy questioned the utility’s attorney over an executive compensation package that includes $11 million in bonuses.
NRG Energy’s profits jumped sharply in the second quarter, boosted by a surge in earnings for the company’s power generation division.
Consolidated Edison’s second-quarter earnings fell by 19% to $152 million compared to the same period last year, despite an increase in revenue.
Eversource Energy’s earnings fell last quarter after writing off $204 million from its investment in the failed Northern Pass transmission project.
Xcel stressed its renewable credentials after the release of its second-quarter earnings, detailing developments that will lessen reliance on fossil fuels.
AEP CEO Nick Akins praised Ohio’s controversial bill creating subsidies for nuclear and coal plants during the company second-quarter earnings call.
CenterPoint Energy reported that mild weather that reduced customers’ power usage drove first-quarter earnings down to $140 million ($0.28/share).
Calling it "an important new milestone," Entergy said the sale of Indian Point completes the final disposition of nuclear assets in its wholesale business.
Want more? Advanced Search