Xcel Energy Inc., through its subsidiaries, generates, purchases, transmits, distributes, and sells electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through coal, nuclear, natural gas, hydroelectric, solar, biomass, oil, wood/refuse, and wind energy sources. It also purchases, transports, distributes, and sells natural gas to retail customers, as well as transports customer-owned natural gas. In addition, the company develops and leases natural gas pipelines, and storage and compression facilities; and invests in rental housing projects, as well as procures equipment for the construction of renewable generation facilities. It serves residential, commercial, and industrial customers in the portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. The company sells electricity to approximately 3.7 million customers; and natural gas to approximately 2.1 million customers. Xcel Energy Inc. was incorporated in 1909 and is headquartered in Minneapolis, Minnesota.
IPO Year:
Exchange: NASDAQ
Website: xcelenergy.com
| 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 |
| 6/21/2023 | Outperform → Market Perform | BMO Capital Markets | |
| 6/8/2023 | $75.00 | Buy | Goldman |
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
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
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
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 July 20, 2024, to shareholders of record on June 14, 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 connection with
On Thursday, April 25, 2024, Xcel Energy (NASDAQ:XEL) will host a conference call to review first 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: 2618878 The conference call will be simultaneously webcast and archived on our website at the following location: www.xcelenergy.com Under Company, select: Inv
The Board of Directors of Xcel Energy Inc. (NASDAQ:XEL) today raised the quarterly dividend on the company's common stock from 52 cents per share to 54.75 cents per share, which is equivalent to an annual rate of $2.19 per share. The dividends are payable April 20, 2024, to shareholders of record on March 15, 2024. "Today's dividend increase of 5.3% marks the twenty first consecutive year that Xcel Energy has increased its dividend. It signals the strength of our business and our recognition of the importance of dividend growth to our shareholders," said Bob Frenzel, chairman, president and CEO of Xcel Energy. "In addition, we have established a long-term dividend payout ratio target of
2023 GAAP diluted earnings per share were $3.21 compared with $3.17 per share in 2022. 2023 ongoing diluted earnings per share were $3.35 compared with $3.17 per share in 2022. Xcel Energy reaffirms 2024 EPS guidance of $3.50 to $3.60 per share. Xcel Energy Inc. (NASDAQ:XEL) today reported 2023 GAAP earnings of $1.77 billion, or $3.21 per share, compared with $1.74 billion, or $3.17 per share in the same period in 2022 and ongoing earnings of $1.85 billion, or $3.35 per share, compared with $1.74 billion, or $3.17 per share in the same period in 2022. See Note 6 for reconciliation from GAAP to ongoing earnings. Ongoing earnings reflect regulatory outcomes and lower operating and
On Thursday, January 25, 2024, Xcel Energy (NASDAQ:XEL) will host a conference call to review fourth quarter and year end 2023 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: 8637745 The conference call will be simultaneously webcast and archived on our website at the following location: www.xcelenergy.com Under Comp
The Board of Directors of Xcel Energy Inc. (NASDAQ:XEL) today declared a quarterly dividend on its common stock of 52 cents per share. The dividends are payable January 20, 2024, to shareholders of record on December 28, 2023. 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 2.1 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 connection
Third quarter GAAP diluted earnings per share were $1.19 in 2023 compared with $1.18 in 2022. Third quarter diluted ongoing earnings per share were $1.23 in 2023 compared with $1.18 in 2022. Year-to-date GAAP diluted earnings per share for 2023 were $2.47 compared to $2.48 in 2022. Year-to-date diluted ongoing earnings per share for 2023 were $2.52 compared to $2.48 in 2022. Xcel Energy narrows its 2023 ongoing EPS guidance to $3.32 to $3.37 from $3.30 to $3.40 per share. Xcel Energy initiates 2024 EPS guidance of $3.50 to $3.60 per share. Xcel Energy Inc. (NASDAQ:XEL) today reported 2023 third quarter GAAP earnings of $656 million, or $1.19 per share, compared with $649
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
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
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
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
Amid national focus on climate and clean energy, company forges ahead with sustainability efforts Xcel Energy continues to forge ahead in its goals to reduce emissions, embrace clean energy and fuel electric vehicles as the nation celebrates major advances in sustainability through several events taking place late this month. During Climate Week NYC (Sept. 22-29), which promotes climate action, the company celebrates the changes already underway. Xcel Energy has reduced carbon emissions 54% from the electricity it provides to customers from 2005 levels, with a goal to reach 100% carbon-free electricity across its service areas by 2050. With events kicking off during Clean Energy Week (Se
Intel, Dow, and Mastercard recognized for excellence in corporate disclosure Intel, Dow, and Mastercard have emerged as champions, securing top honors in the 2024 U.S. Transparency Awards unveiled today by Labrador, a leading global communications firm specializing in transparent corporate disclosure documents. The rankings are based on a rigorous evaluation of corporate disclosure documents among the top 250 companies in the S&P 5001 and recognize companies dedicated to building investor and stakeholder trust through clear, concise, and effective communication. The Transparency Awards celebrate the 10 most transparent U.S. companies, the top three leaders in 11 industries, and the best p
Xcel Energy today named Todd Wehner as the company's treasurer and vice president. Paul Johnson will continue to serve the company as vice president, treasury and investor relations. "Todd is a proven financial leader who has demonstrated an ability to identify opportunities, develop strategies and deliver results," said Bob Frenzel, Xcel Energy's chairman, president and CEO. "His extensive treasury and utility experience, as well as previous experience in strategic management and capital markets, will serve Xcel Energy's customers well." In his role, Wehner will ensure Xcel Energy's financial stability and success by managing the funding of the company's capital investment, as well as ma
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
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
Sustainability report also shows job creation in communities, uptick in service reliability Xcel Energy has reduced carbon emissions 54% from the electricity it provides to customers from 2005 levels, the company announced in its 19th annual Sustainability Report today. Xcel Energy was the first U.S. energy provider to set aggressive goals to reduce carbon emissions from electricity, heating and transportation. The company's 2018 goal aims to provide customers with 100% carbon-free electricity by 2050 and reduce carbon emissions from its operations 80% from 2005 levels by 2030. The report shows carbon-free energy made up 50% of the company's 2023 energy mix, compared to an average of 41
4 - XCEL ENERGY INC (0000072903) (Issuer)
4 - XCEL ENERGY INC (0000072903) (Issuer)
4 - XCEL ENERGY INC (0000072903) (Issuer)
4 - XCEL ENERGY INC (0000072903) (Issuer)
4 - XCEL ENERGY INC (0000072903) (Issuer)
4 - XCEL ENERGY INC (0000072903) (Issuer)
4 - XCEL ENERGY INC (0000072903) (Issuer)
4 - XCEL ENERGY INC (0000072903) (Issuer)
4 - XCEL ENERGY INC (0000072903) (Issuer)
4 - XCEL ENERGY INC (0000072903) (Issuer)
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.
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
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
8-K - XCEL ENERGY INC (0000072903) (Filer)
8-K - XCEL ENERGY INC (0000072903) (Filer)
424B5 - XCEL ENERGY INC (0000072903) (Filer)
10-Q - XCEL ENERGY INC (0000072903) (Filer)
10-Q - XCEL ENERGY INC (0000072903) (Filer)
11-K - XCEL ENERGY INC (0000072903) (Filer)
11-K - XCEL ENERGY INC (0000072903) (Filer)
11-K - XCEL ENERGY INC (0000072903) (Filer)
8-K - XCEL ENERGY INC (0000072903) (Filer)
S-8 - XCEL ENERGY INC (0000072903) (Filer)
Jefferies upgraded Xcel Energy from Hold to Buy and set a new price target of $76.00 from $71.00 previously
Jefferies initiated coverage of Xcel Energy with a rating of Hold and set a new price target of $70.00
Argus upgraded Xcel Energy from Hold to Buy and set a new price target of $68.00
Wolfe Research upgraded Xcel Energy from Peer Perform to Outperform and set a new price target of $58.00
Barclays upgraded Xcel Energy from Equal Weight to Overweight and set a new price target of $54.00 from $61.00 previously
BofA Securities upgraded Xcel Energy from Neutral to Buy and set a new price target of $66.00 from $58.00 previously
Barclays initiated coverage of Xcel Energy with a rating of Equal Weight and set a new price target of $60.00
BofA Securities downgraded Xcel Energy from Buy to Neutral and set a new price target of $60.00 from $72.00 previously
BMO Capital Markets downgraded Xcel Energy from Outperform to Market Perform
Goldman initiated coverage of Xcel Energy with a rating of Buy and set a new price target of $75.00
Morgan Stanley analyst Stephen Byrd maintains Xcel Energy (NASDAQ:XEL) with a Equal-Weight and lowers the price target from $65 to $62.
Morgan Stanley analyst Stephen Byrd maintains Xcel Energy (NASDAQ:XEL) with a Equal-Weight and raises the price target from $59 to $65.
Balancing Grid Supply and Demand with Electric Vehicles in Boulder, ColoradoFermata 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.
Barclays analyst Nicholas Campanella maintains Xcel Energy (NASDAQ:XEL) with a Overweight and raises the price target from $56 to $57.
Escalating electricity needs from running AI data centers will create downstream investment benefits in the utilities, renewable energy generation, and industrial sectors, according to Goldman Sachs. In a recently published study, equity analyst Carly Davenport has listed a basket of stocks positioned to benefit from the potential massive surge in U.S. power demand. The investment bank forecasts that data center power demand will grow at 15% compound annual growth rate from 2023-2030. This growth trajectory is expected to elevate data centers’ share of total US power demand to 8% by 2030, up from the current level of approximately 3%. The “U.S. power demand (is) likely to experien
B of A Securities analyst Julien Dumoulin-Smith maintains Xcel Energy (NASDAQ:XEL) with a Buy and raises the price target from $63 to $66.
Evercore ISI Group analyst Durgesh Chopra maintains Xcel Energy (NASDAQ:XEL) with a Outperform and raises the price target from $54 to $59.
Xcel Energy (NASDAQ:XEL) reported quarterly earnings of $0.88 per share which beat the analyst consensus estimate of $0.80 by 10 percent. The company reported quarterly sales of $3.649 billion which missed the analyst consensus estimate of $4.128 billion by 11.61 percent. This is a 10.56 percent decrease over sales of $4.080 billion the same period last year.
Keybanc analyst Sophie Karp maintains Xcel Energy (NASDAQ:XEL) with a Overweight and lowers the price target from $68 to $65.
SC 13G/A - XCEL ENERGY INC (0000072903) (Subject)
SC 13G/A - XCEL ENERGY INC (0000072903) (Subject)
SC 13G/A - XCEL ENERGY INC (0000072903) (Subject)
SC 13G/A - XCEL ENERGY INC (0000072903) (Subject)
SC 13G/A - XCEL ENERGY INC (0000072903) (Subject)
SC 13G/A - XCEL ENERGY INC (0000072903) (Subject)
SC 13G/A - XCEL ENERGY INC (0000072903) (Subject)
SC 13G - XCEL ENERGY INC (0000072903) (Subject)
SC 13G/A - XCEL ENERGY INC (0000072903) (Subject)
SC 13G/A - XCEL ENERGY INC (0000072903) (Subject)