NasdaqGS:XELElectric Utilities
Should Xcel’s US$9.38 Billion New Mexico Build-Out Reshape the Long-Term Thesis for XEL Investors?
Xcel Energy Inc. previously announced a quarterly dividend of US$0.5925 per share, payable on July 20, 2026, with both the ex-dividend and record dates on June 15, 2026.
New Mexico regulators have approved Southwestern Public Service Co.’s roughly US$9.38 billion plan to add 3.8 GW of new utility-owned generation, reshaping Xcel Energy’s resource mix across gas, wind, solar, storage, and extending the life of the Tolk coal plant to support reliability.
We’ll now examine how this large,...