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July 6, 2024

earnings

PGE Sees Transmission, Distribution Role in ‘Clean Energy Future’
PG&E's 2nd quarter profits fell sharply due to a series of one-time costs; but hopes to grow by providing transmission for clean energy resources.
FirstEnergy Posts $1.1B Loss, Eyes Exit from Merchant Generation
FirstEnergy posted a $1.1 billion second-quarter loss, much of it related to the pending closure of five coal-fired units.
Absent Legislation, Exelon to Close Clinton, Quad Cities Nukes
Exelon said it will close Clinton next summer and Quad Cities the following year if Illinois legislators fail to pass a bill to shore up the nuclear plants.
Eversource Posts Strong 2015 Results Despite Weak Quarter
Despite mild temperatures that dampened its fourth-quarter performance, Eversource posted 2015 results that easily bested its previous year’s earnings.
Dominion Takes Hit on Warm Weather, Looks to Questar
Dominion Resources blamed December’s “extremely mild weather” for a 15% drop in its fourth-quarter earnings.
Exelon Reiterates March 4 Deadline on PHI Deal
Exelon's primary goal for 2016 is completing the acquisition of Pepco, but the company has contingency plans (an Exelon-PHI merger).
Talen Posts Profit in First Earnings Report
Talen Energy released its first earnings report as an independent company last week, reporting net income $26 million for the second quarter of 2015.
Company Q2 2015 Earnings Roundup
Con Ed, Dominion, Duke and Entergy released their second-quarter earnings last week.
Iberdrola Profits Rise; Refiling on UIL Acquisition Soon
Iberdrola reported increased revenue in its U.S. and other overseas operations that offset declines in Spain.
AEP’s Akins: PUCO Stalling on Income Guarantee Plan
AEP celebrated increased second-quarter profits last week, but the company said it still needs the PUCO to approve the so-called “guaranteed rate” plan to support its generating plants.

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