Portland General Electric Company, an integrated electric utility company, engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. The company operates six thermal plants; seven hydroelectric plants; and three wind farms. As of December 31, 2020, it owned an electric transmission system consisting of 1,269 circuit miles, including 287 circuit miles of 500 kilovolt line, 414 circuit miles of 230 kilovolt line, and 568 miles of 115 kilovolt line. The company has 27,939 circuit miles of distribution lines. It also purchases and sells wholesale natural gas in the United States and Canada. The company serves approximately 908 thousand residential, commercial, and industrial customers in 51 cities. Portland General Electric Company was founded in 1889 and is headquartered in Portland, Oregon.
IPO Year:
Exchange: NYSE
Website: portlandgeneral.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/14/2025 | Overweight → Sector Weight | KeyBanc Capital Markets | |
| 5/13/2025 | $46.00 | Market Perform | BMO Capital Markets |
| 5/5/2025 | $50.00 | Neutral → Buy | UBS |
| 4/10/2025 | $44.00 | Overweight → Neutral | Analyst |
| 2/18/2025 | $42.00 | Buy → Neutral | Ladenburg Thalmann |
| 1/3/2025 | $52.00 → $47.00 | Buy → Neutral | UBS |
| 9/25/2024 | $54.00 | Outperform | Evercore ISI |
| 9/20/2024 | $48.00 | Hold | Jefferies |
| 9/18/2024 | $48.00 → $49.00 | Overweight → Equal Weight | Barclays |
| 9/12/2024 | $47.00 | Underperform | BofA Securities |
PORTLAND, Ore., June 11, 2025 /PRNewswire/ -- Renée James has been appointed to the Portland General Electric (NYSE:POR) ("PGE" or the "Company") board of directors, effective June 11, 2025. "We are pleased to welcome Renée to the PGE Board," said Jim Torgerson, chair of PGE's board of directors. "Renée brings valuable experience from the technology sector at a time when reshoring and onshoring of high-tech and semiconductor manufacturing are driving growth in our industry." Renée James is the founder, Chair and CEO of Portland based Ampere Computing. Previously, she held a variety of leadership positions at Intel Corporation, including serving as President as well as the Executive Vice Pre
First quarter financial results reflect strong energy demand from high-tech and data centers, which drove total quarter-over-quarter load growth of 4.6% and 16.4% industrial load growthReaffirming 2025 adjusted earnings guidance of $3.13 to $3.33 per diluted sharePORTLAND, Ore., April 25, 2025 /PRNewswire/ -- Portland General Electric Company (NYSE:POR) today reported net income based on generally accepted accounting principles (GAAP) of $100 million, or $0.91 per diluted share, for the first quarter of 2025. This compares with GAAP net income of $109 million, or $1.08 per diluted share, for the first quarter of 2024. After adjusting for the impact of the January 2024 storm, first quarter 20
PORTLAND, Ore., April 18, 2025 /PRNewswire/ -- On April 18, 2025, the board of directors of Portland General Electric Company (NYSE:POR) declared a quarterly common stock dividend of $0.525 per share, representing an increase of 5%, or $0.10 per share, on an annualized basis. The company's dividend is evaluated based on capital requirements and financial performance. PGE targets a dividend payout ratio of 60 to 70% over the long term. The quarterly dividend is payable on or before July 15, 2025, to shareholders of record at the close of business on June 24, 2025. About Portland General Electric CompanyPortland General Electric (NYSE:POR) is an integrated energy company that generates, trans
PORTLAND, Ore., March 25, 2025 /PRNewswire/ -- Portland General Electric Company (NYSE:POR) announced today that it will host an analyst conference call and webcast at 11 a.m. ET on Friday, April 25, to review its first quarter 2025 financial results. Portland General Electric plans to release its first quarter 2025 earnings summary before financial markets open in the United States on April 25. The conference call will be hosted by Maria Pope, President and CEO; Joe Trpik, Senior Vice President of Finance and CFO; and Nick White, Manager of Investor Relations. To hear the conference call by webcast, log on to Portland General Electric's investor website at investors.portlandgeneral.com, s
Full-year 2024 GAAP financial results of $3.01 per diluted share; full-year 2024 non-GAAP adjusted financial results of $3.14 per diluted shareInitiating 2025 adjusted earnings guidance of $3.13 to $3.33 per diluted share and reaffirming 5% to 7% long-term earnings per share growth using a base of $3.08 per diluted share, the mid-point of original 2024 adjusted earnings guidancePORTLAND, Ore., Feb. 14, 2025 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today reported net income based on generally accepted accounting principles (GAAP) of $313 million, or $3.01 per diluted share, for the year ended December 31, 2024, which includes the $0.13 per diluted share impact of the Janu
PORTLAND, Ore., Feb. 12, 2025 /PRNewswire/ -- On February 12, 2025, the board of directors of Portland General Electric Company (NYSE: POR) declared a quarterly common stock dividend of $0.50 per share. The company's dividend is evaluated based on capital requirements and financial performance. PGE targets a dividend payout ratio of 60 to 70% over the long term. The quarterly dividend is payable on or before April 15, 2025, to shareholders of record at the close of business on March 24, 2025. About Portland General Electric CompanyPortland General Electric (NYSE:POR) is an integrated energy company that generates, transmits and distributes electricity to over 950,000 customers serving an ar
PORTLAND, Ore., Jan. 14, 2025 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) announced today that it will host an analyst conference call and webcast at 11 a.m. ET on Friday, February 14, to review its fourth quarter and full-year 2024 financial results. Portland General Electric plans to release its fourth quarter and full-year 2024 earnings summary before financial markets open in the United States on February 14. The conference call will be hosted by Maria Pope, President and CEO; Joe Trpik, Senior Vice President of Finance and CFO; and Nick White, Manager of Investor Relations. To hear the conference call by webcast, log on to Portland General Electric's investor website
Rate decision supports investments in battery storage, transmission infrastructure and maintenance to improve reliability for customers. PORTLAND, Ore., Dec. 20, 2024 /PRNewswire/ -- The Oregon Public Utility Commission (OPUC) issued its decision today in the 2025 rate review requested by Portland General Electric in February 2024. The resulting rate changes, ranging from 5.5% to 7.7% based upon customer type, will take effect January 1, 2025, and support infrastructure investments serving customers, including a local battery energy storage system designed to improve the availability of PGE's renewable energy sources and reduce the need to purchase power, and include investments to modernize
Developed by Avangrid and now under construction, the Tower Solar project will deliver energy to Portland General Electric's Green Future Impact program, creating over 200 jobs and local economic benefits to Morrow County Avangrid, Inc. (NYSE:AGR), a leading sustainable energy company and member of the Iberdrola Group, and Portland General Electric (PGE) (NYSE:POR), are announcing the signing of a Power Purchase Agreement (PPA) for Tower Solar, a new 120 MWac (166 MWdc) solar energy project now under construction in Morrow County, Oregon, in collaboration with QTS and Meta. The facility will deliver clean, renewable energy to Portland General Electric's grid through Green Future Impact (G
The Clearwater Wind Energy Center helped PGE generate more than one gigawatt of powerfrom wind sources alone for the first time in company history PORTLAND, Ore., Nov. 13, 2024 /PRNewswire/ -- In its first ten months serving PGE customers, the Clearwater Wind Energy Center contributed to new records for PGE wind generation, including helping the company produce one gigawatt of power from wind sources alone – a new milestone. One gigawatt (or 1,000 megawatts) is enough electricity to power the equivalent of 830,000 homes, or about half the number of homes in Oregon. The Clearwa
4 - PORTLAND GENERAL ELECTRIC CO /OR/ (0000784977) (Issuer)
3 - PORTLAND GENERAL ELECTRIC CO /OR/ (0000784977) (Issuer)
4 - PORTLAND GENERAL ELECTRIC CO /OR/ (0000784977) (Issuer)
4 - PORTLAND GENERAL ELECTRIC CO /OR/ (0000784977) (Issuer)
3 - PORTLAND GENERAL ELECTRIC CO /OR/ (0000784977) (Issuer)
4 - PORTLAND GENERAL ELECTRIC CO /OR/ (0000784977) (Issuer)
3 - PORTLAND GENERAL ELECTRIC CO /OR/ (0000784977) (Issuer)
4 - PORTLAND GENERAL ELECTRIC CO /OR/ (0000784977) (Issuer)
4 - PORTLAND GENERAL ELECTRIC CO /OR/ (0000784977) (Issuer)
4 - PORTLAND GENERAL ELECTRIC CO /OR/ (0000784977) (Issuer)