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July 5, 2024

earnings

PPL Looks to Raise $2B in Equity for 5-6% Annual Growth
PPL said it expects to need to raise only about $2 billion from equity sales through 2020.
Exelon to Push for Laws, Rules to Boost Profitability
Exelon’s plans for its generation subsidiary rely heavily on a push for new legislation and market rule changes that ensure profitability for its plants.
Profits Down, PG&E Fights Wildfire Liability
The financial implications of last year's California wildfires for PG&E are just beginning to surge as the utility works to reduce the impact on shareholders.
NiSource
Infrastructure Spending ‘Biggest Driver’ of NiSource Earnings
NiSource is seeking rate hikes across multiple states to cover hefty infrastructure investments after a 13% increase in Q1 2018 earnings.
Eversource Looks to Offshore Wind, New Rates for Growth
Eversource Energy said that it will seek to support earnings growth through offshore wind contracts from its Bay State Wind partnership.
CenterPoint Energy
CenterPoint Touts Vectren Deal in Earnings Call
CenterPoint reported first-quarter (Q1 2018) earnings of $241 million ($0.55/share), compared with $160 million ($0.37/share) for the same period in 2017.
NRG
NRG Posts Q1 Profit on Asset Sales, Cost Savings
NRG earned $233 million in the first quarter, compared with a loss of $169 million in the same period last year.
Con Ed Braces for Possible Regulatory Storms
Consolidated Edison’s (Con Ed) Q1 2018 earnings jumped more than 10% on an increased rate base and a weather-related boost in steam revenues.
Invenergy
WEC Delivers Strong Q1 Despite Leadership Uncertainties
Cold weather and a stronger regional economy helped boost WEC Energy Group’s first-quarter (Q1 2018) earnings above expectations.
Edison Hopeful for State Action on Wildfire Liability
Edison International is hopeful that several California bills will ease the financial pressure stemming from wildfire costs.

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