Upcoming Dividend • Jun 08
Upcoming dividend of US$0.59 per share Eligible shareholders must have bought the stock before 15 June 2026. Payment date: 20 July 2026. Payout ratio is a comfortable 66% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.7%). Declared Dividend • May 25
First quarter dividend of US$0.59 announced Shareholders will receive a dividend of US$0.59. Ex-date: 15th June 2026 Payment date: 20th July 2026 Dividend yield will be 3.0%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (66% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 33% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Tillkännagivande • Apr 08
Xcel Energy Inc., Annual General Meeting, May 20, 2026 Xcel Energy Inc., Annual General Meeting, May 20, 2026. Tillkännagivande • Apr 02
Xcel Energy Inc. to Report Q1, 2026 Results on Apr 30, 2026 Xcel Energy Inc. announced that they will report Q1, 2026 results Pre-Market on Apr 30, 2026 Declared Dividend • Mar 02
Fourth quarter dividend of US$0.59 announced Shareholders will receive a dividend of US$0.59. Ex-date: 13th March 2026 Payment date: 20th April 2026 Dividend yield will be 3.0%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (66% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 32% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Tillkännagivande • Feb 26
Xcel Energy Inc. Raises 2026 Quarterly Dividend on Common Stock, Payable on April 20, 2026 The Board of Directors of Xcel Energy Inc. raised the quarterly dividend on the company’s common stock from 57 cents per share to 59.25 cents per share, which is equivalent to an annual rate of $2.37 per share. The dividends are payable April 20, 2026, to shareholders of record on March 13, 2026. Tillkännagivande • Feb 24
Xcel Energy Appoints Rob Cain as Senior Vice President and Chief Technology Officer, Effective February 23, 2026 Xcel Energy announced that Rob Cain has been named its senior vice president, chief technology officer, effective immediately. Cain will lead the company’s Technology and Security Services organization, taking over the role held by Tim Peterson, who accepted a position outside of the company. The Technology and Security Services organization is vital to Xcel Energy’s resilience, innovation and success. Cain will oversee its key role in modernizing the company’s infrastructure, mitigating cyber and physical security risks, and enabling AI and other advanced digital solutions to reshape the company’s operations and improve the employee and customer experience. Cain is an accomplished leader who has guided major retail and customer-focused organizations through complex digital transformations and systems modernization for more than three decades. His teams strive to improve effectiveness, efficiency, operational performance and stakeholder experiences. For the past seven years, he served as a partner in the Minneapolis office of consulting firm McKinsey & Co., where he led McKinsey Technology’s North America consumer and retail practice. This group assisted Xcel Energy in refining its customer strategy and journey design across residential and commercial segments. Prior to consulting at McKinsey, Cain was a partner with PriceWaterhouse Coopers, leading the firm’s US Technology & Digital Consulting Practice. He previously served as chief information officer at The Coca-Cola Company, overseeing global corporate IT, and was chief information officer of its major German bottling operation. He is recognized for driving innovation in digital, analytics and AI, and has published widely on technology leadership and transformation. Cain holds a master of business administration degree from the University of Minnesota and a bachelor of arts degree in English language and literature from the University of Notre Dame. Reported Earnings • Feb 06
Full year 2025 earnings released: EPS: US$3.44 (vs US$3.44 in FY 2024) Full year 2025 results: EPS: US$3.44. Revenue: US$14.7b (up 9.1% from FY 2024). Net income: US$2.02b (up 4.2% from FY 2024). Profit margin: 14% (in line with FY 2024). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Electric Utilities industry in Europe. Tillkännagivande • Feb 04
Great River Energy, ITC Midwest and Xcel Energy Propose 765 KV Transmission Line Project with Application for Certificate of Need Great River Energy, ITC Midwest and Xcel Energy proposed a series of new electric transmission lines that will help deliver continued reliable electricity for energy consumers throughout the region and connect new sources of electricity to the grid to serve increasing and evolving demands for electricity. Today, the project partners submitted an application for a Certificate of Need for PowerOn Midwest to the Minnesota Public Utilities Commission (MPUC). PowerOn Midwest is a series of new electric transmission projects anchored by a 765 kilovolt (kV) backbone transmission line that will connect to the existing transmission grid in eastern South Dakota, travel across southern Minnesota and connect to the broader regional grid. In Minnesota, the 765 kV line will connect the Lakefield, Pleasant Valley and North Rochester substations in Jackson, Mower and Olmstead counties. These projects are essential to move large volumes of electricity from where it’s generated to where it’s needed, ensuring reliable energy delivery in all seasons, at all times. This new infrastructure can accommodate energy from all sources — helping communities thrive as energy needs change. The projects were part of the portfolio approved in December 2024 by the region’s grid operator, the Midcontinent Independent System Operator (MISO), as part of the second set of projects in its Long Range Transmission Plan. In this historic portfolio, MISO approved 24 transmission projects including several 345 kV projects in Minnesota, North Dakota and South Dakota, as well as this 765 kV transmission backbone infrastructure. The companies jointly held 17 public open houses in Minnesota and numerous stakeholder meetings over the past year to provide opportunities for engagement with landowners, local governments, agencies and Tribal Nations. Pending approval of the Certificate of Need application in Minnesota, the companies will work closely with landowners and communities throughout the project area to seek input that will help determine the best line route to propose in their future Route Permit application. Planning for the future: The way companies generate and use electricity is changing — and demand is growing due to new homes, businesses, technologies and industries. Modern, expanded transmission systems like PowerOn Midwest will help ensure continued reliable electricity every hour of every day. Route options are still in development and the companies will work with landowners as that process continues. Route Permit applications will be filed with the MPUC in 2027. Project development continues in South Dakota where a Facility Permit is expected to be filed later in 2026. Subject to regulatory approvals, the companies expect construction of the transmission line to begin by 2030 and the line to be operational in 2034. In addition to the proposed 765 kV projects, two 345 kV projects are included in the Certificate of Need application. The companies would rebuild an existing single-circuit 345 kV line between Pleasant Valley and North Rochester substation, and add a second circuit to the existing 345 kV transmission line between the Hampton and North Rochester substations. Tillkännagivande • Jan 17
Xcel Energy Inc. to Report Q4, 2025 Results on Feb 05, 2026 Xcel Energy Inc. announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Feb 05, 2026 Declared Dividend • Dec 21
Third quarter dividend of US$0.57 announced Shareholders will receive a dividend of US$0.57. Ex-date: 29th December 2025 Payment date: 20th January 2026 Dividend yield will be 3.5%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (69% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 33% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: US$0.89 (vs US$1.21 in 3Q 2024) Third quarter 2025 results: EPS: US$0.89 (down from US$1.21 in 3Q 2024). Revenue: US$3.92b (up 7.4% from 3Q 2024). Net income: US$524.0m (down 23% from 3Q 2024). Profit margin: 13% (down from 19% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 2% per year. Buy Or Sell Opportunity • Oct 30
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at €70.57. The fair value is estimated to be €58.39, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.4% over the last 3 years. Earnings per share has grown by 4.9%. For the next 3 years, revenue is forecast to grow by 6.7% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Tillkännagivande • Oct 30
Xcel Energy Reaffirms Earnings Guidance for 2025 and Initiates Earnings Guidance for 2026 Xcel Energy reaffirmed earnings guidance for 2025 and initiated earnings guidance for 2026. For 2025, the company reaffirmed ongoing earnings per share guidance of $3.75 to $3.85.
The company initiates its 2026 ongoing earnings per share guidance of $4.04 to $4.16. Tillkännagivande • Oct 22
Xcel Energy Inc. Announces Management Changes, Effective October 21, 2025 Xcel Energy named Bria Shea as president, Xcel Energy – Minnesota, North Dakota and South Dakota, effective October 21, 2025. Shea will oversee the operating company’s strategic planning, financial results and operational outcomes, leading teams focused on customer, community, regulatory, legislative and government affairs. She brings a strong focus on operational excellence, customer service, energy innovation, speed to power and personal and public safety to the operating company as well as Xcel Energy as a whole. Since joining Xcel Energy in 2008, Shea has held several leadership roles on the regulatory team. She most recently was regional vice president, Planning and Policy, leading government affairs and regulatory strategy for resource, transmission and distribution planning for the company’s energy systems across the Upper Midwest. Shea supports the Twin Cities community through her service on the board of the Minneapolis Clean Energy Partnership and has held previous board positions with the Minneapolis Regional Chamber of Commerce and YWCA Minneapolis. She earned a Bachelor of Arts from Gustavus Adolphus College and law degree from William Mitchell College of Law, both in Minnesota. Shea succeeds Ryan Long, who was named executive vice president, chief legal and compliance officer, earlier this year. Tillkännagivande • Oct 07
Xcel Energy Inc. to Report Q3, 2025 Results on Oct 30, 2025 Xcel Energy Inc. announced that they will report Q3, 2025 results Pre-Market on Oct 30, 2025 Buy Or Sell Opportunity • Sep 29
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at €67.67. The fair value is estimated to be €56.15, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.4% over the last 3 years. Earnings per share has grown by 4.9%. For the next 3 years, revenue is forecast to grow by 6.6% per annum. Earnings are also forecast to grow by 9.9% per annum over the same time period. Declared Dividend • Sep 10
Second quarter dividend of US$0.57 announced Shareholders will receive a dividend of US$0.57. Ex-date: 15th September 2025 Payment date: 20th October 2025 Dividend yield will be 3.7%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (62% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 25% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Upcoming Dividend • Sep 10
Upcoming dividend of US$0.57 per share Eligible shareholders must have bought the stock before 15 September 2025. Payment date: 20 October 2025. Payout ratio is a comfortable 62% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (4.5%). Tillkännagivande • Aug 01
Xcel Energy Inc. Reaffirms Earnings Guidance for the Year 2024 Xcel Energy Inc. reaffirmed earnings guidance for the year 2024. For the year, the company expects EPS guidance of $3.50 to $3.60 per share. Tillkännagivande • Jul 31
Xcel Energy Inc. Declares Dividend on Common Stock, Payable on October 20, 2024 The Board of Directors of Xcel Energy Inc. 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. Tillkännagivande • Jun 29
Xcel Energy Inc. to Report Q2, 2024 Results on Aug 01, 2024 Xcel Energy Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 01, 2024 Tillkännagivande • May 23
Xcel Energy Inc. Declares Quarterly Dividend on Common Stock, Payable on July 20, 2024 The Board of Directors of Xcel Energy Inc. 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. Tillkännagivande • May 22
Xcel Energy Inc. Announces Executive Changes Xcel Energy Inc. named Rob Berntsen as the company’s executive vice president and chief legal and compliance officer. Berntsen takes over the role from Amanda Rome, who held the position on an interim basis while also serving in her role as executive vice president, group president – utilities and chief customer officer. Berntsen will oversee Xcel Energy’s legal, compliance and corporate secretary and securities teams. Most recently, Berntsen served as senior vice president, chief of staff and general counsel at BHE Renewables, a Berkshire Hathaway Energy business that develops, owns, and operates solar, wind, geothermal and hydroelectric power plants. Prior to that, Berntsen worked for MidAmerican Energy Company, where he led the utility’s legal, regulatory, rates, government affairs, compliance, and energy efficiency groups. In addition, Berntsen has held leadership roles with the Midcontinent Independent System Operator Inc. and the Iowa Utilities Board. A veteran, Berntsen served as a captain in the Judge Advocate General Corps, the legal arm of the U.S. Army and deployed to Iraq in 2005 in support of Operation Iraqi Freedom. Berntsen earned his juris doctor degree from the University of Iowa and a Bachelor of Science degree from Georgetown University. Tillkännagivande • Apr 10
Xcel Energy Inc., Annual General Meeting, May 22, 2024 Xcel Energy Inc., Annual General Meeting, May 22, 2024, at 11:00 Central Standard Time. Agenda: To consider election of directors; to consider approval of Xcel Energy Inc.'s executive compensation in an advisory vote; to consider approval of the Xcel Energy Inc. 2024 Equity Incentive Plan; and to consider ratification of the appointment of Deloitte & Touche LLP as Xcel Energy Inc.'s independent registered public accounting firm for 2024. Tillkännagivande • Apr 02
Xcel Energy Inc. to Report Q1, 2024 Results on Apr 25, 2024 Xcel Energy Inc. announced that they will report Q1, 2024 results Pre-Market on Apr 25, 2024 Tillkännagivande • Jan 25
Xcel Energy Inc. Reaffirms Earnings Guidance for 2024 Xcel Energy Inc. reaffirmed earnings guidance for 2024. For the period, the company reaffirms EPS guidance of $3.50 to $3.60 per share. Tillkännagivande • Dec 02
Xcel Energy Inc. Announces Executive Changes Effective Jan. 1, 2024 Xcel Energy Inc. will be starting off the new year with a new president for Minnesota, North Dakota and South Dakota. Chris Clark will retire as Xcel's regional president after eight years in the role and Ryan Long will take over leadership responsibilities for the three states, effective Jan. 1. Long joined Xcel Energy in 2015. His most recent role was executing Xcel's legal strategy as interim general counsel. Long's legal career previously had him working as a lawyer for Faegre Drinker Biddle & Reath in Minneapolis and New York City's Cravath, Swaine & Moore. Long currently serves on the board of directors for the Minneapolis-based affordable housing nonprofit Project for Pride in Living. As president of the three states, Long will be responsible for much more than legal affairs. He will leading strategic planning, financial results and operational outcomes, in addition to leading teams focused on customer, community, regulatory, legislative and governmental relationships, the news release said. Clark joined Xcel in 1999. His 25-year career began as a senior attorney. He also led Xcel's compliance to regulative affairs as the regulatory department's vice president before being named president of Minnesota, North Dakota and South Dakota in 2015. He represented Xcel on several civic councils such as the Minnesota Department of Transportation Sustainable Transportation Advisory Council, Minnesota Governor's Advisory Council on Climate Change, the University of Minnesota Center for Transportation Studies and the St. Paul Downtown Alliance. Tillkännagivande • Oct 29
Xcel Energy Inc. Narrows Earnings Guidance for 2023 Xcel Energy Inc. narrowed earnings guidance for 2023. For the period, the company narrowed range of $3.32 to $3.37 per share, from the original guidance of $3.30 to $3.40 per share. Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: US$1.19 (vs US$1.18 in 3Q 2022) Third quarter 2023 results: EPS: US$1.19 (up from US$1.18 in 3Q 2022). Revenue: US$3.66b (down 10% from 3Q 2022). Net income: US$656.0m (up 1.1% from 3Q 2022). Profit margin: 18% (up from 16% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.7% decline forecast for the Electric Utilities industry in Europe. Tillkännagivande • Oct 21
Xcel Energy Receives $100 Million Department of Energy Grant to Boost Wildfire Mitigation and Grid Resiliency Xcel Energy announced it has been selected for a $100 million award from the U.S. Department of Energy to boost its work to reduce and mitigate the threat of wildfires and ensure the resiliency of the grid through extreme weather. The funding, provided through the Grid Resilience and Innovation Partnerships program and matched by a $140 million cost share provided by Xcel Energy, will support a range of projects that enhance the grid’s resiliency in the face of fires, severe storms, and other adverse environmental conditions to better protect lives, homes and forests while reducing and preventing power outages. The projects will be based in Colorado, Minnesota, New Mexico, Texas and Wisconsin. As climate conditions have changed, environmental impacts to the power grid have grown more severe and frequent. Areas with traditional fire seasons, for example, have seen them evolve into year-round battles against rapidly changing and extreme weather conditions that can generate larger, more intense and faster-moving wildfires. Xcel Energy is a leader in the clean energy transition, moving forward at a pace and scale that allows the company to reach net-zero carbon emissions responsibly and meet emissions reductions goals that align with science-based climate targets. The company is continually making strategic investments and improvements to strengthen the power grid, build resilience, and increase its situational awareness of risks. Since 2019, Xcel Energy has invested over $450 million in wildfire mitigation activities in Colorado alone to strengthen its systems and better protect communities and the natural environment. The projects will take a number of steps to boost grid resiliency, including adding fire-resistant coatings to 6,000 wood poles, improving equipment safety features in power lines and electric vehicle chargers in high fire risk conditions, moving high-risk distribution circuits underground, and enhancing vegetation management. They will also build on current programs using emerging technology, such as drones aided by artificial intelligence that inspect power lines for safety, wind strength testing, satellite identification of trees that pose a risk and modeling software to predict how fires would spread. In addition, the funding will support greater resilience for communities of color. Xcel Energy will use Department of Energy funds to complement an equal investment in customer-funded microgrids in the Resilient Minneapolis Project, which aims to support underserved communities in Minneapolis by providing solar, battery and microgrid technologies to strengthen community resiliency. Microgrids at key community center locations will allow critical services to be delivered to communities in the event of a grid outage. The projects are expected to span five years, with detailed design and planning starting in 2024 and projects completing by late 2028. The Department of Energy grant is contingent on negotiation and project logistics. Tillkännagivande • Oct 14
Xcel Energy, Heartland Hydrogen Hub Selects for Up to $925 Million Federal Award The U.S. Department of Energy has selected the Heartland Hydrogen Hub, including multiple clean hydrogen projects from Xcel Energy, for award negotiations to receive up to $925 million. The award will serve as a catalyst for a future hydrogen ecosystem in the Upper Midwest. The Heartland Hydrogen Hub (HH2H) is one of seven selected to receive funding. The hub includes Xcel Energy, Marathon Petroleum Corporation and TC Energy, in collaboration with the University of North Dakota's Energy & Environmental Resource Center, to produce and use low-carbon hydrogen at commercial scale in Minnesota, Wisconsin, South Dakota, North Dakota and Montana. The hub aims to reduce carbon emissions by more than 1 million metric tons per year, the equivalent of taking 220,000 gasoline-powered cars off the road. Clean fuels in general, and the Heartland Hydrogen Hub in particular, are a key part of Xcel Energy's vision for zero-carbon generation and net-zero emissions from natural gas distribution by 2050. Hydrogen is a clean molecule that can reduce carbon emissions in a variety of sectors. The company plans to use its existing and future nuclear, solar and wind resources in the Upper Midwest to produce hydrogen to blend into power generation, existing natural gas distribution systems, and other agricultural and industrial applications. For its projects within the hub, Xcel Energy expects to receive a large portion of the federal award, subject to negotiations. In its application, Xcel Energy proposed investing up to $2 billion over a decade for clean hydrogen producing equipment and infrastructure, representing 75% of full program costs for the company's portion of the hub. As a member of the Heartland Hydrogen Hub team, Xcel Energy is prepared to execute and fund its portion of the project to build and operate safe, clean hydrogen infrastructure in the region and bring the benefits of green hydrogen and clean fuels to the clean energy workforce and local communities. Xcel Energy has nearly 20 years of experience leading the clean energy transition. The company has reduced carbon emissions 55% from 2005 levels in the Upper Midwest and remains on track to reduce carbon emissions 85% by 2030 as it moves toward a vision to meet Minnesota's 100% carbon-free benchmark by 2040. All of Xcel Energy's federal and state policymakers, along with labor unions, have supported the effort through their shared interest in U.S. energy production, energy security, job creation, economic development and environmental stewardship. Project detailed design will begin after the Heartland Hydrogen Hub finishes award negotiations. Project development will likely continue through 2035. The public will have an opportunity to review Xcel Energy's planned investments through the regulatory process. The process has built-in protections for customers to ensure that Xcel Energy unlocks the benefits of this new clean energy technology in the most affordable way. Tillkännagivande • Sep 29
Xcel Energy Announces Executive Changes, Effective on December 15, 2023 Xcel Energy named Chris Church as the company’s new chief nuclear officer, effective December 15, 2023. Church succeeds Pete Gardner, who is retiring at the end of the year after serving in the role since 2020. Church has served as vice president of nuclear operations since 2020 and was site vice president at the Monticello plant for two years before that. Prior to joining Xcel Energy, he held several senior leadership roles in other nuclear fleets, including vice president of operations support for Tennessee Valley Authority (TVA) and site vice president of that company’s Watts Bar and Sequoyah nuclear power plants. He was previously a submarine officer in the United States Navy. Gardner is retiring after nearly 40 years in the nuclear industry, including 10 years at Xcel Energy, and he provided steady leadership of the company’s nuclear fleet during the COVID-19 pandemic. Operational innovations during his tenure include a process for flexing down nuclear generation when low-cost wind resources are abundant and a forthcoming hydrogen demonstration project at Prairie Island. Xcel Energy’s nuclear fleet continues to be recognized for sustained exemplary performance by the Institute of Nuclear Power Operations while achieving a 35% reduction in operational costs over the past 10 years. Tillkännagivande • Sep 24
Department of Energy Awards Xcel Energy up to $70 Million for Long Duration Energy Storage Xcel Energy announced that it has received a grant of up to $70 million from the U.S. Department of Energy (DOE). The award will partially fund two long duration energy storage systems in Minnesota and Colorado. Each demonstration-scale system will be a 10 megawatt/1,000 megawatt-hour iron-air battery developed by Massachusetts-based Form Energy. The batteries will be located at the sites of two retiring Xcel Energy coal plants: the Sherburne County Generating Station in Becker, Minnesota, and the Comanche Generating Station in Pueblo, Colorado. Once operational, the systems will allow Xcel Energy to store renewable energy such as solar and wind when it is being produced and then later distribute the energy during periods of lower renewable production. While most existing battery technologies serve fewer than eight hours of energy storage, Form Energy’s iron-air batteries deliver electricity for up to 100 hours. The long duration energy storage systems will strengthen the grid against day-to-day and week-to-week variability of renewable energy. Separate from the Department of Energy funding, Xcel Energy received a $20 million grant commitment in April from the Breakthrough Energy Catalyst fund for emerging climate technologies that reduce emissions and accelerate the clean energy transition. The Breakthrough grant provides $10 million each for the Minnesota and Colorado battery systems, subject to the satisfaction of certain funding conditions. In addition to the grants, Xcel Energy plans to use provisions in the federal Inflation Reduction Act, such as standalone storage tax credits, to further lower the cost of the iron-air batteries. The Minnesota Public Utilities Commission previously approved the project with the support of the Minnesota Department of Commerce. Construction of the battery system in Minnesota — to be located near one of the largest solar developments in the U.S., the upcoming 710 megawatt Sherco Solar installation — will start in the second quarter of 2024. Pending approval from the Colorado Public Utilities Commission, work on the Colorado battery system could begin in late 2024. The projects are expected to support 15 to 20 construction jobs in each state. The Department of Energy grant is contingent on negotiation and project logistics. Upcoming Dividend • Sep 07
Upcoming dividend of US$0.52 per share at 3.7% yield Eligible shareholders must have bought the stock before 14 September 2023. Payment date: 20 October 2023. Payout ratio is a comfortable 64% but the company is not cash flow positive. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.6%). Tillkännagivande • Jul 28
Xcel Energy Inc. Provides Earnings Guidance for the Year 2023 Xcel Energy Inc. provided earnings guidance for the year 2023. The company expects GAAP and ongoing earnings guidance is a range of $3.30 to $3.40 per share. Reported Earnings • Jul 28
Second quarter 2023 earnings released: EPS: US$0.52 (vs US$0.60 in 2Q 2022) Second quarter 2023 results: EPS: US$0.52 (down from US$0.60 in 2Q 2022). Revenue: US$3.02b (down 12% from 2Q 2022). Net income: US$288.0m (down 12% from 2Q 2022). Profit margin: 9.5% (in line with 2Q 2022). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 3.9% decline forecast for the Electric Utilities industry in Europe. Tillkännagivande • Jul 01
Xcel Energy Inc. to Report Q2, 2023 Results on Jul 27, 2023 Xcel Energy Inc. announced that they will report Q2, 2023 results Pre-Market on Jul 27, 2023 Upcoming Dividend • Jun 07
Upcoming dividend of US$0.52 per share at 3.3% yield Eligible shareholders must have bought the stock before 14 June 2023. Payment date: 20 July 2023. Payout ratio is a comfortable 61% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.0%). Recent Insider Transactions • May 04
Executive VP & COO recently sold €985k worth of stock On the 28th of April, Timothy O'Connor sold around 16k shares on-market at roughly €63.05 per share. This transaction amounted to 69% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Timothy's only on-market trade for the last 12 months. Upcoming Dividend • Mar 07
Upcoming dividend of US$0.52 per share at 3.2% yield Eligible shareholders must have bought the stock before 14 March 2023. Payment date: 20 April 2023. Payout ratio is a comfortable 61% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.5%). Reported Earnings • Feb 26
Full year 2022 earnings released: EPS: US$3.17 (vs US$2.96 in FY 2021) Full year 2022 results: EPS: US$3.17 (up from US$2.96 in FY 2021). Revenue: US$15.3b (up 14% from FY 2021). Net income: US$1.74b (up 8.7% from FY 2021). Profit margin: 11% (in line with FY 2021). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 2.7% decline forecast for the Electric Utilities industry in Europe. Tillkännagivande • Jan 27
Xcel Energy Inc. Reaffirms Earnings Guidance for the Year 2023 Xcel Energy Inc. reaffirmed earnings guidance for the year 2023. For the period, the company reaffirms 2023 EPS guidance of $3.30 per share to $3.40 per share. Reported Earnings • Jan 26
Full year 2022 earnings released: EPS: US$3.17 (vs US$2.96 in FY 2021) Full year 2022 results: EPS: US$3.17 (up from US$2.96 in FY 2021). Revenue: US$15.3b (up 14% from FY 2021). Net income: US$1.74b (up 8.7% from FY 2021). Profit margin: 11% (in line with FY 2021). Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Tillkännagivande • Jan 10
Xcel Energy Inc. to Report Fiscal Year 2022 Results on Jan 26, 2023 Xcel Energy Inc. announced that they will report fiscal year 2022 results Pre-Market on Jan 26, 2023 Upcoming Dividend • Dec 21
Upcoming dividend of US$0.49 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 20 January 2023. Payout ratio is a comfortable 62% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.4%). Recent Insider Transactions • Nov 19
Insider recently sold €75k worth of stock On the 16th of November, Frank Prager sold around 1k shares on-market at roughly €65.83 per share. This transaction amounted to 3.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €4.3m more than they bought in the last 12 months. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. President, CEO & Chairman Bob Frenzel was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: US$1.18 (vs US$1.13 in 3Q 2021) Third quarter 2022 results: EPS: US$1.18 (up from US$1.13 in 3Q 2021). Revenue: US$4.08b (up 18% from 3Q 2021). Net income: US$649.0m (up 6.6% from 3Q 2021). Profit margin: 16% (down from 18% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Tillkännagivande • Oct 18
Xcel Energy Inc. to Report Q3, 2022 Results on Oct 27, 2022 Xcel Energy Inc. announced that they will report Q3, 2022 results at 9:30 AM, US Eastern Standard Time on Oct 27, 2022 Upcoming Dividend • Sep 07
Upcoming dividend of US$0.49 per share Eligible shareholders must have bought the stock before 14 September 2022. Payment date: 20 October 2022. Payout ratio is a comfortable 63% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.4%). Tillkännagivande • Aug 18
Xcel Energy Inc. Declares Dividend on Common Stock, Payable on October 20, 2022 Xcel Energy Inc. declared a quarterly dividend on its common stock of 48.75 cents per share. The dividends are payable October 20, 2022, to shareholders of record on September 15, 2022. Tillkännagivande • Jul 30
Xcel Energy Inc. Reaffirms Earnings Guidance for 2022 Xcel Energy Inc. reaffirmed 2022 earnings guidance of $3.10 to $3.20 per share. Reported Earnings • Jul 29
Second quarter 2022 earnings released: EPS: US$0.60 (vs US$0.58 in 2Q 2021) Second quarter 2022 results: EPS: US$0.60 (up from US$0.58 in 2Q 2021). Revenue: US$3.42b (up 12% from 2Q 2021). Net income: US$328.0m (up 5.5% from 2Q 2021). Profit margin: 9.6% (in line with 2Q 2021). Over the next year, revenue is forecast to stay flat compared to a 1.5% growth forecast for the industry in Germany. Tillkännagivande • Jul 06
Xcel Energy Inc. to Report Q2, 2022 Results on Jul 28, 2022 Xcel Energy Inc. announced that they will report Q2, 2022 results Pre-Market on Jul 28, 2022 Tillkännagivande • Jun 23
Xcel Energy Inc. Elects Megan Burkhart as New Board Member and Audit Committee and Governance, Compensation and Nominating Committee On June 22, 2022, the Board of Directors of Xcel Energy Inc. (Xcel Energy) elected Megan D. Burkhart, 50, to serve on the Board effective June 22, 2022, for a term expiring at the Xcel Energy 2023 Annual Meeting of Shareholders. Ms. Burkhart was also appointed to serve on the Board's Audit Committee and Governance, Compensation and Nominating Committee. Ms. Burkhart has served as Executive Vice President, Chief Human Resources Officer for Comerica Incorporated since 2010. As Executive Vice President and Chief Human Resources Officer, Burkhart leads the division that includes Diversity & Inclusion, HR Operations, Technology & Risk, HR Consulting, Learning, Talent and Organizational Change Management, Talent Acquisition and Total Rewards. She is a member of Comerica's Management Executive Committee. Ms. Burkhart joined Comerica in 1997. Prior to her current role, Ms. Burkhart served as Senior Vice President and Director of Compensation from 2007 to 2010. Ms. Burkhart earned a bachelor's degree from Miami University in Oxford, Ohio. Upcoming Dividend • Jun 07
Upcoming dividend of US$0.49 per share Eligible shareholders must have bought the stock before 14 June 2022. Payment date: 20 July 2022. Payout ratio is a comfortable 62% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.2%). Lower than average of industry peers (4.2%). Board Change • May 28
High number of new directors There are 5 new directors who have joined the board in the last 3 years. President, CEO & Chairman Bob Frenzel was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • May 27
Executive VP recently sold €978k worth of stock On the 23rd of May, Brett Carter sold around 14k shares on-market at roughly €69.87 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €11m more than they bought in the last 12 months. Tillkännagivande • May 19
Xcel Energy Inc. Board Declares Dividend on Common Stock, Payable on July 20, 2022 The Board of Directors of Xcel Energy Inc. declared a quarterly dividend on its common stock of 48.75 cents per share. The dividends are payable July 20, 2022, to shareholders of record on June 15, 2022. Tillkännagivande • May 17
Xcel Energy Announces Management Changes Xcel Energy announced several key leadership changes designed to advance the company’s commitment to lead the company’s clean energy transition. Transforming the grid to meet evolving energy needs is a key priority for the company. Alice Jackson, current president of Xcel Energy – Colorado, is appointed to senior vice president, System Strategy and chief planning officer, leading a new enterprise-wide System Planning organization. The company is also announcing new presidents for both the Colorado and Texas – New Mexico operating companies. Robert Kenney will succeed Alice Jackson as the new president of Xcel Energy – Colorado. Kenney currently serves as senior vice president of Regulatory and External Affairs for PG&E. Adrian Rodriguez has been elected to the role of president for Xcel Energy – Texas and New Mexico as David Hudson retires. He currently serves as the senior vice president of Regulatory and Strategy at Puget Sound Energy (PSE), leading the company’s clean energy strategy including regulatory and governmental affairs. Prior to PSE, Rodriguez was General Counsel and interim-CEO of El Paso Electric. Rodriguez will join Xcel Energy June 1, 2022 with current Xcel Energy – Texas and New Mexico President David Hudson officially retiring July 1, 2022. Kenney will join Xcel Energy and assume his new role on June 6, 2022. Recent Insider Transactions • May 04
Senior Vice President of Strategy recently sold €70k worth of stock On the 29th of April, Frank Prager sold around 1k shares on-market at roughly €69.82 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €18m more than they bought in the last 12 months. Reported Earnings • Apr 29
First quarter 2022 earnings released: EPS: US$0.70 (vs US$0.67 in 1Q 2021) First quarter 2022 results: EPS: US$0.70 (up from US$0.67 in 1Q 2021). Revenue: US$3.75b (up 5.9% from 1Q 2021). Net income: US$380.0m (up 5.0% from 1Q 2021). Profit margin: 10% (in line with 1Q 2021). Over the next year, revenue is expected to shrink by 1.3% compared to a 4.4% growth forecast for the industry in Germany. Tillkännagivande • Apr 06
Xcel Energy Inc., Annual General Meeting, May 18, 2022 Xcel Energy Inc., Annual General Meeting, May 18, 2022, at 11:00 Central Standard Time. Agenda: To consider election of directors; to consider advisory vote on executive compensation; and to consider ratification of the appointment of deloitte & touche llp as company's independent registered public accounting firm for 2022. Tillkännagivande • Mar 31
Xcel Energy Inc. to Report Q1, 2022 Results on Apr 28, 2022 Xcel Energy Inc. announced that they will report Q1, 2022 results Pre-Market on Apr 28, 2022 Upcoming Dividend • Mar 07
Upcoming dividend of US$0.49 per share Eligible shareholders must have bought the stock before 14 March 2022. Payment date: 20 April 2022. Payout ratio is a comfortable 62% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (3.5%). Lower than average of industry peers (4.5%). Tillkännagivande • Mar 03
Brian Van Abel to Serve as Principal Accounting Officer of Xcel Energy Inc Effective March 1, 2022, Xcel Energy Inc. announced that Brian Van Abel, Xcel Energy’s Executive Vice President, Chief Financial Officer, will serve in the additional role of principal accounting officer. Reported Earnings • Feb 26
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$2.96 (up from US$2.80 in FY 2020). Revenue: US$13.4b (up 17% from FY 2020). Net income: US$1.60b (up 8.4% from FY 2020). Profit margin: 12% (in line with FY 2020). Revenue exceeded analyst estimates by 4.3%. Over the next year, revenue is expected to shrink by 2.0% compared to a 7.5% growth forecast for the industry in Germany. Tillkännagivande • Feb 24
Xcel Energy Inc. Increases Quarterly Dividend, Payable April 20, 2022 The Board of Directors of Xcel Energy Inc. raised the quarterly dividend on the common stock from 45.75 cents per share to 48.75 cents per share, which is equivalent to an annual rate of $1.95 per share. The dividends are payable April 20, 2022, to shareholders of record on March 15, 2022. Tillkännagivande • Jan 30
Xcel Energy Inc. Raises Annual Dividend for the Year Xcel Energy Inc. raised annual dividend for the year, increasing it by $0.11 per share. Reported Earnings • Jan 28
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$2.96 (up from US$2.80 in FY 2020). Revenue: US$13.4b (up 17% from FY 2020). Net income: US$1.60b (up 8.4% from FY 2020). Profit margin: 12% (in line with FY 2020). Revenue exceeded analyst estimates by 4.3%. Over the next year, revenue is expected to shrink by 1.9% compared to a 9.2% growth forecast for the industry in Germany. Recent Insider Transactions • Dec 17
Executive Chairman recently sold €3.0m worth of stock On the 13th of December, Benjamin Gwynn Fowke sold around 50k shares on-market at roughly €59.83 per share. This was the largest sale by an insider in the last 3 months. Benjamin Gwynn has been a seller over the last 12 months, reducing personal holdings by €16m. Upcoming Dividend • Dec 14
Upcoming dividend of US$0.46 per share Eligible shareholders must have bought the stock before 21 December 2021. Payment date: 20 January 2022. Payout ratio is a comfortable 62% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (3.9%). Tillkännagivande • Dec 11
Xcel Energy Inc. Provides Earnings Guidance for the Year 2022 Xcel Energy Inc. provided earnings guidance for the year 2022. For the period, the company's earnings guidance is of $3.10 to $3.20 per share. Recent Insider Transactions • Nov 03
Insider recently sold €176k worth of stock On the 29th of October, Frank Prager sold around 3k shares on-market at roughly €55.87 per share. In the last 3 months, there was an even bigger sale from another insider worth €3.2m. Insiders have been net sellers, collectively disposing of €17m more than they bought in the last 12 months. Upcoming Dividend • Sep 07
Upcoming dividend of US$0.46 per share Eligible shareholders must have bought the stock before 14 September 2021. Payment date: 20 October 2021. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.7%). Recent Insider Transactions • Sep 03
Executive Chairman recently sold €3.2m worth of stock On the 1st of September, Benjamin Gwynn Fowke sold around 54k shares on-market at roughly €58.83 per share. This was the largest sale by an insider in the last 3 months. Benjamin Gwynn has been a seller over the last 12 months, reducing personal holdings by €13m. Recent Insider Transactions • Aug 04
Insider recently sold €100k worth of stock On the 30th of July, Frank Prager sold around 2k shares on-market at roughly €57.82 per share. In the last 3 months, there was an even bigger sale from another insider worth €7.2m. Insiders have been net sellers, collectively disposing of €20m more than they bought in the last 12 months. Reported Earnings • Jul 30
Second quarter 2021 earnings released: EPS US$0.58 (vs US$0.55 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: US$3.07b (up 19% from 2Q 2020). Net income: US$311.0m (up 8.4% from 2Q 2020). Profit margin: 10% (down from 11% in 2Q 2020). The decrease in margin was driven by higher expenses. Recent Insider Transactions • Jun 17
Insider recently sold €622k worth of stock On the 15th of June, Darla Figoli sold around 11k shares on-market at roughly €57.15 per share. In the last 3 months, there was an even bigger sale from another insider worth €7.2m. Insiders have been net sellers, collectively disposing of €20m more than they bought in the last 12 months. Recent Insider Transactions • Jun 09
Chairman & CEO recently sold €3.0m worth of stock On the 4th of June, Benjamin Gwynn Fowke sold around 52k shares on-market at roughly €57.75 per share. In the last 3 months, they made an even bigger sale worth €7.2m. Benjamin Gwynn has been a seller over the last 12 months, reducing personal holdings by €16m. Upcoming Dividend • Jun 07
Upcoming dividend of US$0.46 per share Eligible shareholders must have bought the stock before 14 June 2021. Payment date: 20 July 2021. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.8%). Executive Departure • May 27
Independent Director has left the company On the 19th of May, David Owens' tenure as Independent Director ended after 3.7 years in the role. We don't have any record of a personal shareholding under David's name. A total of 4 executives have left over the last 12 months. Executive Departure • May 27
Independent Director has left the company On the 19th of May, James Sheppard's tenure as Independent Director ended after 10.2 years in the role. As of March 2021, James personally held 3.48k shares (€197k worth at the time). A total of 4 executives have left over the last 12 months. Tillkännagivande • May 21
Xcel Energy Inc. Declares Dividend on Common Stock, Payable July 20, 2021 The Board of Directors of Xcel Energy Inc. declared a quarterly dividend on its common stock of 45.75 cents per share. The dividends are payable July 20, 2021, to shareholders of record on June 15, 2021. Recent Insider Transactions • May 18
Chairman & CEO recently sold €7.2m worth of stock On the 14th of May, Benjamin Gwynn Fowke sold around 121k shares on-market at roughly €59.08 per share. This was the largest sale by an insider in the last 3 months. Benjamin Gwynn has been a seller over the last 12 months, reducing personal holdings by €19m. Recent Insider Transactions • May 05
Executive VP & Chief Generation Officer recently sold €700k worth of stock On the 30th of April, Timothy O'Connor sold around 12k shares on-market at roughly €58.37 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €14m more than they bought in the last 12 months. Reported Earnings • May 02
First quarter 2021 earnings released: EPS US$0.67 (vs US$0.56 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: US$3.54b (up 26% from 1Q 2020). Net income: US$362.0m (up 23% from 1Q 2020). Profit margin: 10% (in line with 1Q 2020). 
