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July 5, 2024

earnings

NiSource Pegs Q1 Success on Infrastructure Investments
NiSource owes its “strong” first-quarter performance to the success of its infrastructure spending strategy, according to CEO Joseph Hamrock.
Con Edison Q1 Earnings Up 2.3%
Con Edison reported first-quarter revenues up across its operations, with results reflecting regulatory charges and changes in rate plans.
PGE Affirms Strategy to Help Meet Calif. Environmental Goals
Pacific Gas and Electric isn’t having second thoughts about its strategy of capitalizing on California’s greenhouse gas reduction goals.
Q4 Revenues up 7% for Top 30; Net Income Drops
Companies in the RTO Insider Top 30 reported revenues of more than $75 billion in the fourth quarter of 2016, a 7% increase over a year earlier.
CenterPoint Mulling Midstream Stake, Sees Q4 Earnings Shortfall
CenterPoint Energy fell short of analysts’ expectations, reporting fourth-quarter net income of $101 million.
OGE Doesn’t Let Earnings Shortfall Mar ‘Good Year’
OGE reported net income of $57.9 million in the fourth quarter of 2016, compared to $29.4 million the year prior.
Eversource 2016 Results Up Despite Warm Q1
Eversource Energy reported 2016 earnings of $942.3 million, up 7% over 2015 earnings of $878.5 million.
FirstEnergy Seeking ZECs to Aid Sale of Ohio Nukes
The CEO of FirstEnergy said the company plans to seek subsidies - zero-emission credits (ZECs) - for its Ohio nuclear plants to make them attractive to buyers.
Entergy Beats Expectations Despite 80% Drop in Earnings
Entergy reported its 4th quarter earnings were $55.5 million ($0.31/share), but pleased analysts with the wind-down of its merchant nuclear power business
PGE Sees Future Growth Tied to EVs
PG&E earned $692 million during the fourth quarter of 2016, compared with $134 million during the same period a year earlier.

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