earnings
Con Edison’s 2020 earnings were down 18% from the previous year because of lower C&I demand during the pandemic and costs from Tropical Storm Isaias.
Eversource Energy earned $1.2 billion ($3.55/share) in 2020, a nearly 33% increase over 2019’s earnings of $909.1 million ($2.81/share).
Duke Energy executives said they have put the challenges of 2020 behind them, predicting a 5 to 7% annualized increase in earnings per share through 2025.
The NEPOOL Participants Committee discussed compensation for officers, ISO-NE's energy market and extended FERC deadlines at its last meeting.
Xcel Energy reported year-end earnings of $2.79/share, a 15-cent increase from its 2019 performance, despite a "challenging year."
NextEra Energy said it has taken a $1.2 billion write-down for its stake in the Mountain Valley natural gas pipeline, which has been plagued by roadblocks.
Consolidated Edison reported third-quarter net income of $1.47/share, even as total revenue slipped because of the COVID-19 pandemic.
CenterPoint and OGE declined to answer questions on potential sales of their interest in Enable Midstream during their third-quarter earnings calls.
Exelon officials confirmed during a third-quarter earnings call that the company is considering spinning off its generation business.
Eversource reported third-quarter earnings of $346.3 million powered by its transmission segment, which fueled a $27.4 million rise.
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