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November 26, 2024

earnings

NextEra Sees Competitive ‘Near Firm’ Renewables
NextEra Energy CEO Jim Robo told analysts that battery-backed “near firm” wind and solar power will be increasingly competitive by 2025.
National Grid Vows to Expand NY Gas Service
National Grid is facing pressure from New York Gov. Andrew Cuomo over its decision to deny natural gas service to residents under a moratorium.
OGE Earnings Surge, Beat Expectations
Oklahoma Gas & Electric beat analysts’ third-quarter earnings expectations with a net income of about $251 million ($1.25/share).
Hot Summer Yields Positive Earnings for CenterPoint
CenterPoint Energy’s third-quarter earnings surged more than 57% thanks to record electricity usage this summer, the company reported.
NiSource Earnings Feel Aftershocks of Gas Explosions
NiSource lost money last quarter as the company continues to face costs stemming from a string of gas pipeline explosions in three Massachusetts cities.
Exelon Pledges Reforms amid Grand Jury Probe
Exelon is cooperating with an investigation into its lobbying of the Illinois legislature and will ensure high ethical standards in the future.
Avangrid Earnings Revive on Wind, New Assets
Increased wind output helped Avangrid’s profits jump 20% in the third quarter as the company continued to see strong growth in its renewables fleet.
Entergy Beats Q3 Earnings Expectations
Entergy beat Wall Street’s expectations with a third-quarter adjusted earnings of $506 million ($2.52/share), up from $431 million ($2.35/share) a year ago.
AEP Beats Expectations with Strong Q3
American Electric Power’s third-quarter figures beat expectations with earnings of $734 million, up from $578 million over the same period in 2018.
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).

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