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November 5, 2024

earnings

Con Ed Earnings Drop; Blackout Fines Loom
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 Earnings Go South on Northern Pass
Eversource Energy’s earnings fell last quarter after writing off $204 million from its investment in the failed Northern Pass transmission project.
Xcel Earnings Call Focuses on Clean Energy
Xcel stressed its renewable credentials after the release of its second-quarter earnings, detailing developments that will lessen reliance on fossil fuels.
AEP Applauds Ohio Bill Subsidizing Coal, Nuclear
AEP CEO Nick Akins praised Ohio’s controversial bill creating subsidies for nuclear and coal plants during the company second-quarter earnings call.
Mild Weather Undercuts CenterPoint Q1 Earnings
CenterPoint Energy reported that mild weather that reduced customers’ power usage drove first-quarter earnings down to $140 million ($0.28/share).
Entergy Celebrates Sale of Final EWC Nuke
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 Earnings Rise on Tx, Distribution, Gas
Eversource Energy’s Q1 2019 earnings jumped nearly 15%, driven by gains in its electric transmission, distribution and natural gas delivery businesses.
NRG Energy Earnings Drop on ERCOT Hedges
Citing hedging losses in ERCOT, NRG Energy reported a 60% drop in earnings from continuing operations for the first quarter.
Avangrid Earnings Drop on Weak Wind
Declining wind output drove down Avangrid’s first-quarter earnings by 11% compared to a year earlier, company officials said.
AEP off to ‘Excellent Start’ with Q1 Earnings
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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