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July 5, 2024

earnings

Xcel Talks Tx Build After Earnings Come up Short
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).
Load Growth Fuels OGE’s Q2 Earnings Results
OGE Energy reported second-quarter earnings that beat Wall Street’s expectations and reflected economic growth in its service territory.
Bankruptcy Judge Questions PG&E Exec Compensation
The judge overseeing PG&E’s bankruptcy questioned the utility’s attorney over an executive compensation package that includes $11 million in bonuses.
Earnings Soaring, NRG Prepares for Tight ERCOT Supply
NRG Energy’s profits jumped sharply in the second quarter, boosted by a surge in earnings for the company’s power generation division.
Con Ed Earnings Drop; Blackout Fines Loom
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 Earnings Go South on Northern Pass
Eversource Energy’s earnings fell last quarter after writing off $204 million from its investment in the failed Northern Pass transmission project.
Xcel Earnings Call Focuses on Clean Energy
Xcel stressed its renewable credentials after the release of its second-quarter earnings, detailing developments that will lessen reliance on fossil fuels.
AEP Applauds Ohio Bill Subsidizing Coal, Nuclear
AEP CEO Nick Akins praised Ohio’s controversial bill creating subsidies for nuclear and coal plants during the company second-quarter earnings call.
Mild Weather Undercuts CenterPoint Q1 Earnings
CenterPoint Energy reported that mild weather that reduced customers’ power usage drove first-quarter earnings down to $140 million ($0.28/share).
Entergy Celebrates Sale of Final EWC Nuke
Calling it "an important new milestone," Entergy said the sale of Indian Point completes the final disposition of nuclear assets in its wholesale business.

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