earnings
Oklahoma Gas & Electric beat analysts’ third-quarter earnings expectations with a net income of about $251 million ($1.25/share).
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 is cooperating with an investigation into its lobbying of the Illinois legislature and will ensure high ethical standards in the future.
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 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.
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 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.
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