Related news from
Tue, 30 Apr 2024 15:51:26 +0000	Xcel Energy Inc. (NASDAQ:XEL) Q1 2024 Earnings Call Transcript Xcel Energy Inc. (NASDAQ:XEL) Q1 2024 Earnings Call Transcript April 25, 2024 Xcel Energy Inc. beats earnings expectations. Reported EPS is $0.88, expectations were $0.78. Xcel Energy Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Hello, and welcome to […]
Fri, 26 Apr 2024 05:08:17 +0000	Decoding Xcel Energy Inc (XEL): A Strategic SWOT Insight Insightful Analysis of Xcel Energy Inc's Financials and Strategic Position
Fri, 26 Apr 2024 00:59:08 +0000	Xcel Energy named in 15 lawsuits over 2024 Texas panhandle fires Company officials said they will push for federal or state-level legislation to guarantee wildfire insurance for utilities or otherwise limit losses.
Thu, 25 Apr 2024 15:33:00 +0000	Xcel Energy (XEL) Q1 Earnings Beat, Revenues Lag Estimates Xcel Energy (XEL) reports better-than-expected first-quarter earnings. The company continues to register an increase in electric and natural gas customer volumes.
Thu, 25 Apr 2024 14:40:33 +0000	UPDATE 1-Xcel Energy posts Q1 profit beat despite mounting wildfire liabilities Xcel Energy posted a better-than-expected first-quarter profit on Thursday, even as the electric and natural gas utility faced growing liabilities tied to the largest wildfire in Texas history. Xcel faces 15 lawsuits in connection with the Texas Smokehouse Creek blaze, which burned more than 1 million acres in the Lone Star state this year, with at least two of the complaints claiming the utility was negligent in maintaining electrical infrastructure that led to the fire. Anticipating losses from the Smokehouse Creek Fire, Xcel recorded a pre-tax charge during the quarter of $215 million, which it called the low-end of a range.
Thu, 25 Apr 2024 13:30:36 +0000	Compared to Estimates, Xcel (XEL) Q1 Earnings: A Look at Key Metrics The headline numbers for Xcel (XEL) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Thu, 25 Apr 2024 11:35:48 +0000	Xcel Energy posts Q1 profit beat as cost-cutting measures bear fruit Xcel Energy posted a better-than-expected first-quarter profit on Thursday, as the electric and natural gas utility benefited from lower operating expenses due to cost-cutting initiatives and lower natural gas costs. Xcel has been embroiled in legal battles over its role in the Texas Smokehouse Creek blaze that raged in Texas, with two lawsuits claiming that it was negligent in maintaining electrical infrastructure. Its operating expenses were $2.97 billion, 15.3% lower than the prior year as the cost of natural gas sold and transported shrunk by 44% year over year.
Thu, 25 Apr 2024 11:32:05 +0000	Xcel Energy Inc. (XEL) Q1 2024 Earnings: Surpasses Analyst EPS Estimates Robust Infrastructure Investments Drive Earnings Growth Amid Market Challenges
Thu, 25 Apr 2024 10:05:00 +0000	Xcel Energy First Quarter 2024 Earnings Report MINNEAPOLIS, April 25, 2024--Xcel Energy Inc. (NASDAQ: XEL) today reported 2024 first quarter GAAP and ongoing earnings of $488 million, or $0.88 per share, compared with $418 million, or $0.76 per share in the same period in 2023.
Tue, 23 Apr 2024 14:01:12 +0000	CenterPoint Energy (CNP) Earnings Expected to Grow: Should You Buy? CenterPoint (CNP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Mon, 22 Apr 2024 18:50:00 +0000	Here's How to Play Xcel Energy (XEL) Ahead of Q1 Earnings Xcel Energy's (XEL) first-quarter 2024 earnings are expected to bear the brunt of higher expenses despite an expected increase in customer volume.
Mon, 22 Apr 2024 13:16:08 +0000	Ahead of Xcel (XEL) Q1 Earnings: Get Ready With Wall Street Estimates for Key Metrics Get a deeper insight into the potential performance of Xcel (XEL) for the quarter ended March 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Wed, 17 Apr 2024 11:30:00 +0000	Wildfires Are Upending Some of the Safest Bets on Wall Street (Bloomberg) -- When the Texas Panhandle went up in flames this winter, the news spread fast on Wall Street. An electric utility by the name of Xcel Energy Inc. was getting blamed for the massive blaze — a lawsuit pointed the finger at its dilapidated equipment — and this was making the company’s investors very nervous.Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingTesla Asks Investors to Approve Musk’s $56 Billion Pay AgainChina Tells Iran Cooperation Will La
Mon, 15 Apr 2024 07:04:55 +0000	Xcel Energy (XEL) Fell due to a Wildfire in Texas Aristotle Capital Management, LLC, an investment management company, released its “Value Equity Strategy” first quarter 2024 investor letter. A copy of the same can be downloaded here. The composite returned 7.63% gross of fees (7.56% net of fees) in the first quarter trailing the 8.99% return of the Russell 1000 Value Index and the 10.56% return […]
Thu, 11 Apr 2024 14:00:00 +0000	Alliant Energy (LNT) Benefits From Clean Portfolio, Investments Alliant Energy (LNT) continues to benefit from its initiative to strengthen its existing operations and focus on adding clean assets to its portfolio.
Tue, 09 Apr 2024 14:16:54 +0000	Utilities: Where AI fits into the future of this sector play The utilities sector (XLU) has remained nearly flat year-to-date when compared to the massive gains seen in other sectors in 2024, such as technology. Citi Equity Analyst Ryan Levine believes that the utilities sector's poor performance has gone on for too long, pointing to AI as "the real emerging story" that will "create a demand growth for the industry at large." "There's two groups of companies — companies on the regulated utility side and then on the unregulated side," Levine explains to Yahoo Finance. "On the regulated side, companies as you articulate in terms of close proximity to the data center buildout. So we identify Georgia as a state that's very attractive and are recommending Southern Company (SO) on that theme." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Editor's note: This article was written by Luke Carberry Mogan.
Mon, 08 Apr 2024 18:15:04 +0000	Xcel Energy working to restore power in Colorado after weekend outages Utility firm Xcel Energy said on Monday it was working to restore service to customers in Colorado after it voluntarily shut off power over the weekend to reduce wildfire concerns. Parts of Central U.S., including Colorado, faced an elevated risk of fires over the last two days due to dry weather and high wind speeds. The company initiated a shutoff of power to 55,000 customers in areas at highest risk and de-energized 600 miles of power lines.
Sun, 07 Apr 2024 17:09:02 +0000	Hurricane-Force Winds Leave 150,000 Without Power in Colorado (Bloomberg) -- More than 150,000 Xcel Energy Inc. customers in Colorado are without electricity amid hurricane-force winds — and some may not get power back until Monday.Most Read from BloombergTrumpism Is Emptying ChurchesRBC Fires CFO Ahn After Probe Into Personal RelationshipThe Odds of $100 Oil Are Rising as Supply Shocks Convulse the MarketIsrael Backs Out of Khan Younis to Prepare ‘Future Operations’Saudis Scale Back Ambition for $1.5 Trillion Desert Project NeomThose affected include abou
Mon, 01 Apr 2024 19:48:00 +0000	Xcel Energy First Quarter 2024 Earnings Conference Call MINNEAPOLIS, April 01, 2024--On Thursday, April 25, 2024, Xcel Energy (NASDAQ: XEL) will host a conference call to review first quarter 2024 financial results. The earnings report will be released prior to the market open on the same date.
Wed, 27 Mar 2024 21:20:38 +0000	12 Most Undervalued Renewable Energy Stocks To Buy According To Analysts In this article, we discuss the 12 most undervalued renewable energy stocks to buy according to analysts. To skip the detailed analysis of the renewable energy industry, go directly to the 5 Most Undervalued Renewable Energy Stocks To Buy According To Analysts. Although renewable energy has been a trending topic for the last few years, […]