earnings
Xcel Energy (NYSE:XEL) reported an increase in earnings as the company said its steel for fuel strategy will provide a solid blueprint for future growth.
Entergy's (NYSE:ETR) third-quarter earnings beat analyst expectations, but its stock continued a months-long decline.
The second quarter wasn’t a great one for most companies in the RTO Insider Top 30, as revenues declined 2% compared with 2015 while profits dropped 15%.
Xcel Energy CEO Ben Fowke said that executives are sharpening their pencils after the company failed to meet analysts’ second-quarter expectations.
Entergy reiterated that it does not intend to continue operating the troubled James A. FitzPatrick nuclear plant in upstate New York beyond January 2017.
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 posted a $1.1 billion second-quarter loss, much of it related to the pending closure of five coal-fired units.
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.
Despite mild temperatures that dampened its fourth-quarter performance, Eversource posted 2015 results that easily bested its previous year’s earnings.
Dominion Resources blamed December’s “extremely mild weather” for a 15% drop in its fourth-quarter earnings.
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