Fermata Energy And Xcel Energy To Collaborate On Vehicle-To-Everything Bidirectional Charging Pilot Project

5/20/24 11:01:45 AM ET

Power Generation

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Balancing Grid Supply and Demand with Electric Vehicles in Boulder, Colorado

Fermata Energy, Xcel Energy, City of Boulder, Colorado CarShare and Boulder Housing Partners announced a collaborative Vehicle-to-Everything (V2X) bidirectional charging pilot project at Boulder Housing Partners' 30 Pearl development and the Molly's Spirits Lakeside facility. This innovative V2X pilot program transforms parked EVs into mobile power units, advancing grid resilience and reducing electric bill costs while supporting underserved communities and local businesses.

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Recent Analyst Ratings for
$XEL

Date	Price Target	Rating	Analyst
11/1/2024	$71.00 → $76.00	Hold → Buy	Jefferies
9/20/2024	$70.00	Hold	Jefferies
8/26/2024	$68.00	Hold → Buy	Argus
3/11/2024	$58.00	Peer Perform → Outperform	Wolfe Research
3/11/2024	$61.00 → $54.00	Equal Weight → Overweight	Barclays
10/6/2023	$58.00 → $66.00	Neutral → Buy	BofA Securities
8/24/2023	$60.00	Equal Weight	Barclays
8/22/2023	$72.00 → $60.00	Buy → Neutral	BofA Securities

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Xcel Energy Announces Closing of Common Stock Offering with a Forward Component
Xcel Energy Inc. (NASDAQ:XEL) (Xcel Energy) announced today the closing of its registered underwritten offering of 18,320,610 shares of its common stock in connection with the forward sale agreements described below. Barclays and BofA Securities acted as joint lead book-running managers for the offering. Citigroup and Wells Fargo Securities acted as joint book-running managers for the offering. The closing will result in approximately $1.18 billion of net proceeds, before expenses (assuming each forward sale agreement is physically settled based on the initial forward sale price per share of $64.4356, as described more fully below). In connection with the offering, Xcel Energy entered int
11/5/24 10:43:00 AM ET
$XEL
Power Generation
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Xcel Energy Announces Pricing of Common Stock Offering with a Forward Component
Xcel Energy Inc. (NASDAQ:XEL) (Xcel Energy) announced today the pricing of a registered underwritten offering of 18,320,610 shares of its common stock at a public offering price of $65.50 per share in connection with the forward sale agreements described below. Subject to certain conditions, all shares are expected to be borrowed by the forward purchasers (as defined below) (or their affiliates) from third parties and sold to the underwriters and offered in connection with such forward sale agreements. Barclays and BofA Securities are acting as joint lead book-running managers for this offering. Citigroup and Wells Fargo Securities are acting as joint book-running managers for this offering
11/4/24 9:29:00 AM ET
$XEL
Power Generation
Utilities
Xcel Energy Announces Public Offering of Common Stock with a Forward Component
Xcel Energy Inc. (NASDAQ:XEL) (Xcel Energy) announced today the commencement of a registered underwritten offering of $1.2 billion of shares of its common stock. Subject to certain conditions, all shares are expected to be borrowed by the forward purchasers (as defined below) (or their affiliates) from third parties and sold to the underwriters and offered in connection with the forward sale agreements described below. Barclays and BofA Securities are acting as joint book-running managers for this offering. The underwriters may offer shares of Xcel Energy's common stock in transactions on the Nasdaq Stock Market LLC, in the over-the-counter market, through negotiated transactions or otherwi
11/4/24 6:15:00 AM ET
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Starboard Value Nominates Three Highly Qualified and Independent Candidates for Election to Algonquin Power's Board of Directors
Starboard Value LP (together with its affiliates, "Starboard" or "we") is the largest shareholder of Algonquin Power & Utilities Corp. (NYSE:AQN) (TSE: AQN) ("Algonquin" or the "Company") with an ownership stake of approximately 9.0%. Today, Starboard announced that it has nominated three highly qualified candidates (the "Starboard Nominees") for election to the Company's Board of Directors (the "Board") at the 2024 Annual General Meeting of Shareholders (the "Annual Meeting"), which has been scheduled for June 4, 2024. The Starboard Nominees are Brett Carter, Chris Lopez and Rob Schriesheim. In connection with its nominations, Starboard sent the below letter to the members of the Board.
3/21/24 5:09:00 PM ET
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Xcel Energy Extends Wildfire and Utility Infrastructure Protection Efforts in Colorado with Pano AI to Better Safeguard Communities
Arvada, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Xcel Energy and Pano AI, the leader in early wildfire detection, have unveiled a major expansion of their collaboration to further fortify Xcel Energy's utility infrastructure and operations while advancing the protection of local communities against rising wildfire threats. Following a successful pilot, this expansion will bring Pano AI's solution, Pano Rapid Detect, to more than 1.5M acres in Colorado - through the installation of 21 camera systems across the state by the end of 2023. These strategically placed cameras will not only enhance the resilience of utility operations and grid infrastructure for Xcel Energy but will also offer greater
11/7/23 3:19:14 PM ET
$XEL
Power Generation
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Xcel Energy Announces Leadership Changes
Xcel Energy announced today several changes to its executive leadership team. Brett Carter, executive vice president, group president of Utilities and chief customer officer, is leaving the company to pursue other opportunities. Current executive vice president, chief legal and compliance officer Amanda Rome has been named to this role, effective immediately. The company's four operating company presidents and customer organization leaders will report to Rome. Ryan Long, vice president and deputy general counsel, will step in as general counsel and oversee the legal and corporate compliance group on an interim basis. "Xcel Energy has extraordinary opportunities in the next decade to lea
10/2/23 4:05:00 PM ET
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Xcel Energy Third Quarter 2024 Earnings Conference Call
On Thursday, October 31, 2024, Xcel Energy (NASDAQ:XEL) will host a conference call to review third quarter 2024 financial results. The earnings report will be released prior to the market open on the same date. The call will begin at 9:00 a.m. Central Time. To participate in the conference call, please dial in at least 10 minutes prior to the scheduled start and follow the operator's instructions. You will be asked for the conference password. US Dial-In: 1-866-580-3963 International Dial-In: 400-120-0558 Conference Password: 7505923 The conference call will be simultaneously webcast and archived on our website at the following location: www.xcelenergy.com Under Company, select: Inves
9/27/24 4:15:00 PM ET
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Power Generation
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Xcel Energy Inc. Board Declares Dividend on Common Stock
The Board of Directors of Xcel Energy Inc. (NASDAQ:XEL) today declared a quarterly dividend on its common stock of 54.75 cents per share. The dividends are payable October 20, 2024, to shareholders of record on September 13, 2024. Xcel Energy is a major U.S. electricity and natural gas company, with operations in 8 Western and Midwestern states. Xcel Energy provides a comprehensive portfolio of energy-related products and services to 3.8 million electricity customers and 2.2 million natural gas customers through its regulated operating companies. Company headquarters are located in Minneapolis. More information is available at www.xcelenergy.com. This information is not given in connect
7/30/24 8:08:00 PM ET
$XEL
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Xcel Energy Second Quarter 2024 Earnings Conference Call
On Thursday, August 1, 2024, Xcel Energy (NASDAQ:XEL) will host a conference call to review second quarter 2024 financial results. The earnings report will be released prior to the market open on the same date. The call will begin at 9:00 a.m. Central Time. To participate in the conference call, please dial in at least 10 minutes prior to the scheduled start and follow the operator's instructions. You will be asked for the conference password. US Dial-In: 1-866-580-3963 International Dial-In: 400-120-0558 Conference Password: 2632580 The conference call will be simultaneously webcast and archived on our website at the following location: www.xcelenergy.com Under Company, select: In
6/28/24 6:10:00 PM ET
$XEL
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Fermata Energy And Xcel Energy To Collaborate On Vehicle-To-Everything Bidirectional Charging Pilot Project

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$XEL Insider Trading

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Director Welsh Timothy A was granted 627 shares, increasing direct ownership by 8% to 8,501 units (SEC Form 4)

Director Policinski Christopher J. was granted 697 shares, increasing direct ownership by 0.51% to 136,471 units (SEC Form 4)

Director Pardee Charles G was granted 720 shares, increasing direct ownership by 3% to 24,042 units (SEC Form 4)

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Morgan Stanley Maintains Equal-Weight on Xcel Energy, Lowers Price Target to $62

Morgan Stanley Maintains Equal-Weight on Xcel Energy, Raises Price Target to $65