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July 5, 2024

earnings

Sempra Divesting Solar for LNG, Regulated Ventures
Sempra Energy is on-track to sell its renewable energy assets and invest the funds elsewhere, the company said in its third-quarter earnings call.
CenterPoint Energy
OGE Beats Expectations with Q3 Earnings
OGE Energy reported a 2018 third-quarter earnings of $205 million, while CenterPoint Energy reported earnings of $153 million.
PG&E Outlines Fire Strategy in Q3 Earnings Call
PG&E described its wildfire prevention efforts in a third-quarter earnings call, in which it also reported net income of $564 million ($1.09/share).
U.S. Forest Service
Edison Takes Partial Blame for Wildfire in Earnings Call
Edison International’s president said that equipment owned by its Southern California Edison subsidiary was at least one cause of the Thomas Fire.
Entergy
Entergy Share Price Jumps with Solid Quarter
Entergy reported third-quarter earnings of $536 million ($2.92/share), as compared to $398 million ($2.21/share) a year ago.
Public Service Co. of Oklahoma
AEP to Focus on Smaller Renewable Projects
By Tom Kleckner American Electric Power said last week it will focus on smaller projects after Texas regulators put the kibosh on the company’s proposed $4....
Avangrid
Avangrid Q3 Earnings Call Highlights Offshore Wind
Avangrid earnings jumped more than 25% year-over-year in the 3rd quarter, mainly driven by increased gross margins for renewables and new transmission rate plans.
OGE Earnings Up, but Fall Short of Expectations
OGE Energy said that a strong regional economy and positive regulatory developments led to an improved second quarter for the company.
Refinancing, Completed Tx, Round out NiSource Q2
NiSource reported second-quarter earnings of $23.2 million, compared to a net loss of $44.4 million for the same period a year ago.
NRG Earnings Rebound on Cost-Cutting, Asset Sales
NRG Energy reported net income of $24 million ($0.23/share) in the second quarter, compared with a $16 million loss (-$1.98/share) a year earlier.

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