earnings
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.
Eversource Energy’s Q1 2019 earnings jumped nearly 15%, driven by gains in its electric transmission, distribution and natural gas delivery businesses.
Citing hedging losses in ERCOT, NRG Energy reported a 60% drop in earnings from continuing operations for the first quarter.
Declining wind output drove down Avangrid’s first-quarter earnings by 11% compared to a year earlier, company officials said.
AEP beat analysts’ expectations for the first quarter and completed a deal with Sempra Energy that added more than 700 MW of wind generation.
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