NasdaqGS:XELElectric Utilities
Will Strong Earnings and a Major Expansion Shift Xcel Energy's (XEL) Growth Narrative?
Xcel Energy Inc. recently reported higher second-quarter and first-half 2025 earnings, with net income rising to US$444 million and US$927 million, respectively, compared to the same periods last year, and announced a quarterly dividend of US$0.57 per share payable in October 2025.
The company also unveiled a major generation expansion initiative in Texas and New Mexico, aiming to add over 5,000 megawatts of new capacity by 2030 to support significant regional electricity demand growth and...