Tennessee Valley Authority Q2 2024 Revenue $5.919B Down From $5.974B YoY
$TVE
Electric Utilities: Central
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Tennessee Valley Authority Q2 2024 Revenue $5.919B Down From $5.974B YoY
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/14/2022 | $5.00 → $6.00 | Outperform | RBC Capital |
Register now for today's 9:30 a.m. ET conference call discussing TVA's second quarter financial results.TVA reported $5.9 billion in total operating revenues as sales of electricity increased approximately 3% compared to the same period last year.Total operating revenues decreased 1% primarily due to a decrease in fuel cost recovery revenue, driven by lower fuel and purchased power prices.During the quarter, TVA successfully met an all-time power demand record of 34,577 megawatts, surpassing the previous record of 33,482 set in August 2007.KNOXVILLE, Tenn., April 30, 2024 /PRNewswire/ -- The Tennessee Valley Authority reported $5.9 billion in total operating revenues on 78 billion kilowatt-h
Key Points - • 4th consecutive year of no increase in TVA's base rate - helping to keep customers' bills low. • TVA has returned $158 million in pandemic recovery credits to customers so far this fiscal year, and $607 million in total recovery-related credits. • TVA has one of the nation's largest, most diverse, and clean power systems which helps keep rates stable despite higher fuel prices. • 57% of TVA's power supply coming from carbon-free sources in 2023 - including nuclear, hydroelectric, and renewables. • Year-to-date power sales were 4% lower due to overall milder weather and lower sales to industries. KNOXVILLE, Tenn., Aug. 1, 2023 /PRNewswire/ -- The Tennessee Valley Autho
Key Points Power sales were up 3% driven by weather impacts from Winter Storm Elliott and continued strong economic growth in the Tennessee Valley.TVA returned $53 million in pandemic credits to customers – part of more than half a billion dollars in support returned to communities since the start of the pandemic.TVA's diversified power system continued to help keep rates low despite higher fuel prices, with 56% of power coming from nuclear, hydroelectric and renewables.KNOXVILLE, Tenn., Jan. 31, 2023 /PRNewswire/ -- The Tennessee Valley Authority reported $3.0 billion in total operating revenues on 38 billion kilowatt-hours of electricity sales for the three months ended Dec. 31, 2022.
8-K - Tennessee Valley Authority (0001376986) (Filer)
8-K - Tennessee Valley Authority (0001376986) (Filer)
8-K - Tennessee Valley Authority (0001376986) (Filer)
Register now for today's 9:30 a.m. ET conference call discussing TVA's second quarter financial results.TVA reported $5.9 billion in total operating revenues as sales of electricity increased approximately 3% compared to the same period last year.Total operating revenues decreased 1% primarily due to a decrease in fuel cost recovery revenue, driven by lower fuel and purchased power prices.During the quarter, TVA successfully met an all-time power demand record of 34,577 megawatts, surpassing the previous record of 33,482 set in August 2007.KNOXVILLE, Tenn., April 30, 2024 /PRNewswire/ -- The Tennessee Valley Authority reported $5.9 billion in total operating revenues on 78 billion kilowatt-h
Key Points - • 4th consecutive year of no increase in TVA's base rate - helping to keep customers' bills low. • TVA has returned $158 million in pandemic recovery credits to customers so far this fiscal year, and $607 million in total recovery-related credits. • TVA has one of the nation's largest, most diverse, and clean power systems which helps keep rates stable despite higher fuel prices. • 57% of TVA's power supply coming from carbon-free sources in 2023 - including nuclear, hydroelectric, and renewables. • Year-to-date power sales were 4% lower due to overall milder weather and lower sales to industries. KNOXVILLE, Tenn., Aug. 1, 2023 /PRNewswire/ -- The Tennessee Valley Autho
Key Points Power sales were up 3% driven by weather impacts from Winter Storm Elliott and continued strong economic growth in the Tennessee Valley.TVA returned $53 million in pandemic credits to customers – part of more than half a billion dollars in support returned to communities since the start of the pandemic.TVA's diversified power system continued to help keep rates low despite higher fuel prices, with 56% of power coming from nuclear, hydroelectric and renewables.KNOXVILLE, Tenn., Jan. 31, 2023 /PRNewswire/ -- The Tennessee Valley Authority reported $3.0 billion in total operating revenues on 38 billion kilowatt-hours of electricity sales for the three months ended Dec. 31, 2022.
RBC Capital reiterated coverage of Tamarack Valley Energy with a rating of Outperform and set a new price target of $6.00 from $5.00 previously
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