Eversource touted its potential for offshore wind growth after its 2019 earnings were hit by a $204 million write-off of a failed Northern Pass project.

AEP reported fourth-quarter earnings of $153.5 million ($0.31/share), down from $363.4 million ($0.74/share) the year before.

Consolidated Edison reported 2019 net income of $1.34 billion ($4.09/share), down slightly from $1.38 billion ($4.43/share) the previous year.

PG&E reported multibillion-dollar losses in its quarterly and annual reports but expects sustainable financial performance after it emerges from reorganization.

PPL told investors it will invest $14 billion over the next five years into hardening its transmission system and incorporating more renewable resources.

WEC Energy Group reported year-end net income of $1.13 billion ($3.58/share), up from $1.06 billion ($3.34/share) in 2018.

Xcel Energy reported year-end earnings of $1.372 billion ($2.64/share), up from 2018’s performance of $1.261 billion ($2.47/share).

NextEra Energy CEO Jim Robo told analysts that battery-backed “near firm” wind and solar power will be increasingly competitive by 2025.

National Grid is facing pressure from New York Gov. Andrew Cuomo over its decision to deny natural gas service to residents under a moratorium.

Oklahoma Gas & Electric beat analysts’ third-quarter earnings expectations with a net income of about $251 million ($1.25/share).