Live-nyheter • May 06
Xcel Energy Holds 2026 Outlook and Signs Major Clean Energy Deal With Google Xcel Energy reported Q1 2026 GAAP EPS of $0.89 and ongoing EPS of $0.91, broadly in line with analyst expectations despite a revenue result that came in slightly below estimates.
The company reaffirmed its 2026 ongoing EPS guidance range of $4.04 to $4.16 and highlighted a capital investment plan above $14b, with $3b already invested in Q1.
Xcel Energy signed a 15-year clean energy contract with Google for 1,900 MW of wind, solar and long-duration storage capacity, which the company projects will lead to $1b to $1.5b in customer savings over the term.
For investors, the key takeaway is that management kept full-year EPS guidance intact while continuing to deploy large amounts of capital into its system. The Q1 earnings mix reflects both growth drivers such as higher electric sales tied to data centers and economic development, and headwinds such as warm weather, higher operating costs, financing expenses and depreciation.
The Google agreement stands out because Google is expected to fund all related infrastructure, while Xcel Energy still adds 1,900 MW of clean capacity and cites a projected $1b to $1.5b in customer savings over 15 years. Management also points to more than $7b in additional potential capital projects beyond the current plan. Investors watching this stock may want to focus on how regulators treat these investments, how the data center demand trend evolves, and whether the company can manage costs and financing needs alongside such a large build-out. Reported Earnings • May 01
First quarter 2026 earnings: EPS in line with expectations, revenues disappoint First quarter 2026 results: EPS: US$0.89 (up from US$0.84 in 1Q 2025). Revenue: US$4.02b (up 2.9% from 1Q 2025). Net income: US$556.0m (up 15% from 1Q 2025). Profit margin: 14% (up from 12% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 6% per year. 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 01
Fourth quarter dividend increased to US$0.59 Dividend of US$0.59 is 3.9% higher than last year. Ex-date: 13th March 2026 Payment date: 20th April 2026 Dividend yield will be 2.8%, which is lower than the industry average of 3.6%. 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: EPS and revenues miss analyst expectations 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 missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates by 9.1%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electric Utilities industry in the US. 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 3.1%, which is lower than the industry average of 3.6%. 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: EPS misses analyst expectations 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 was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 34%. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electric Utilities industry in the US. 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 7% per year. 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 after recent price rise Over the last 90 days, the stock has risen 17% to US$80.05. The fair value is estimated to be US$66.42, 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. Upcoming Dividend • Sep 08
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: 3.1%. Lower than top quartile of American dividend payers (4.4%). In line with average of industry peers (2.9%). Declared Dividend • Aug 03
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 3.1%, which is lower than the industry average of 3.6%. 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. Reported Earnings • Aug 01
Second quarter 2025 earnings: EPS and revenues exceed analyst expectations Second quarter 2025 results: EPS: US$0.76 (up from US$0.54 in 2Q 2024). Revenue: US$3.29b (up 8.6% from 2Q 2024). Net income: US$444.0m (up 47% from 2Q 2024). Profit margin: 14% (up from 10.0% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 17%. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has remained flat. Tillkännagivande • Jul 31
Xcel Energy Inc. Declares Quarterly Dividend, Payable on October 20, 2025 The Board of Directors of Xcel Energy Inc. declared a quarterly dividend on its common stock of 57 cents per share. The dividends are payable October 20, 2025, to shareholders of record on September 15, 2025. Tillkännagivande • Jul 02
Xcel Energy Inc. to Report Q2, 2025 Results on Jul 31, 2025 Xcel Energy Inc. announced that they will report Q2, 2025 results Pre-Market on Jul 31, 2025 Tillkännagivande • Jun 30
Xcel Energy Inc.(NasdaqGS:XEL) dropped from Russell 1000 Dynamic Index Xcel Energy Inc.(NasdaqGS:XEL) dropped from Russell 1000 Dynamic Index Tillkännagivande • Jun 18
Xcel Energy Names Ryan Long as Executive Vice President and Chief Legal and Compliance Officer Xcel Energy announced Ryan Long as the company’s executive vice president and chief legal and compliance officer, effective immediately. Long, currently president of Xcel Energy – Minnesota, North Dakota and South Dakota, takes over the role held by Rob Berntsen, who accepted a position outside the company. Long will oversee Xcel Energy’s legal, compliance, and federal affairs teams. He previously served as interim general counsel in late 2023 and early 2024. Long will continue to oversee the Minnesota, North Dakota, and South Dakota jurisdiction as the company conducts an internal and external search for the next president for this operating company. Long joined Xcel Energy as a principal attorney in late 2015 and was named vice president, deputy general counsel, in May 2021, managing the Federal and State Regulatory, Environmental and Real Estate legal teams. He previously worked as a lawyer for Faegre Baker Daniels, now known as Faegre Drinker Biddle & Reath in Minneapolis and Cravath, Swaine & Moore in New York City. Long currently serves on the board of directors of the Guthrie Theater in Minneapolis. Upcoming Dividend • Jun 09
Upcoming dividend of US$0.57 per share Eligible shareholders must have bought the stock before 13 June 2025. Payment date: 20 July 2025. Payout ratio is a comfortable 65% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of American dividend payers (4.8%). In line with average of industry peers (3.0%). Declared Dividend • May 25
First quarter dividend of US$0.57 announced Shareholders will receive a dividend of US$0.57. Ex-date: 13th June 2025 Payment date: 20th July 2025 Dividend yield will be 3.2%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (65% 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 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Tillkännagivande • May 22
Xcel Energy Inc. Declares Dividend on Common Stock, Payable on July 20, 2025 The Board of Directors of Xcel Energy Inc. declared a quarterly dividend on its common stock of 57 cents per share. The dividends are payable July 20, 2025, to shareholders of record on June 13, 2025. Reported Earnings • Apr 25
First quarter 2025 earnings: EPS misses analyst expectations First quarter 2025 results: EPS: US$0.84 (down from US$0.88 in 1Q 2024). Revenue: US$3.91b (up 7.0% from 1Q 2024). Net income: US$483.0m (down 1.0% from 1Q 2024). Profit margin: 12% (down from 13% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.7%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Tillkännagivande • Apr 24
Xcel Energy Inc. Reaffirms Earnings Guidance for the Full Year 2025 Xcel Energy Inc. reaffirmed earnings guidance for the full year 2025. The company's ongoing earnings guidance is a range of $3.75 to $3.85 per share. Weather-normalized retail electric sales are projected to increase 3%. Weather-normalized retail firm natural gas sales are projected to increase 1%. Capital rider revenue is projected to increase $200 million to $210 million (net of PTCs). Deliver long-term annual EPS growth of 6% to 8% based off of $3.55 per share (the mid-point of 2024 original ongoing earnings guidance of $3.50 to $3.60 per share). Tillkännagivande • Apr 10
Xcel Energy Inc., Annual General Meeting, May 21, 2025 Xcel Energy Inc., Annual General Meeting, May 21, 2025. Tillkännagivande • Apr 04
Xcel Energy Inc. to Report Q1, 2025 Results on Apr 24, 2025 Xcel Energy Inc. announced that they will report Q1, 2025 results Pre-Market on Apr 24, 2025 Tillkännagivande • Mar 04
Xcel Energy Inc. Announces Executive Changes Xcel Energy Inc. announced that Timothy O’Connor, executive vice president, chief operations officer, will retire from the company this summer after nearly two decades of service. In accordance with the company’s succession planning process, two internal executive appointments were announced, which will be effective May 1, 2025: Scott Sharp will be named executive vice president, chief generation officer, adding oversight of Nuclear to his portfolio of Energy Supply and Commercial Operations. Michael Lamb will be named executive vice president, chief delivery officer. He has led the company’s Customer Delivery group since last year, overseeing the business areas of Electric Distribution and Transmission, Gas Distribution and Transmission, Wildfire Risk Management and Operations Process & Performance. He will add the Major Projects Group to his portfolio. Lamb also will become the coordinating officer for the Operations, Nuclear, Environmental and Safety (ONES) committee of the Xcel Energy board of directors. Sharp and Lamb both will serve on the company’s Executive Committee and report to Bob Frenzel, chairman, president and CEO. O’Connor will transition into an advisory role through August, reporting to Frenzel. O’Connor joined Xcel Energy in 2007 as a vice president at the Monticello Nuclear Generating Plant in Minnesota. He led the company’s Nuclear group for eight years before being elevated in 2020 to executive vice president, chief generation officer, and to his current role in 2021. O’Connor has represented Xcel Energy on several executive advisory groups, including the Department of Energy’s Idaho National Laboratory Nuclear Science and Technology areas, the Holtec Decommissioning advisory board, Nuclear Energy Institute’s industry labor management committee and the Terrestrial Energy industry advisory committee. He also worked in a reverse loaned assignment with the Institute of Nuclear Power Operations. Sharp joined Xcel Energy in 2000 and has more than three decades of experience operating power plants. His leadership roles have included senior vice president, Energy Supply and Commercial Operations; site vice president at the Prairie Island Nuclear Generating Plant in Minnesota; and vice president, Nuclear Operations. He serves on the nonprofit board of the Carpenter Nature Center in Minnesota, as well as lending his expertise to the NuScale Advisory Board and Small Modular Reactor Start Board for development and promotion of next-generation nuclear technology. Lamb joined Xcel Energy in 1985 and has held a number of leadership roles, including senior vice president, Customer Delivery; senior vice president, Transmission; and vice president, Enterprise Transformation Office & Operating Services. He serves on several nonprofit boards, including the Association of Edison Illuminating Companies, American Gas Association, Southern Gas Association and Minndependent. Recent Insider Transactions Derivative • Mar 02
President exercised options and sold US$1.6m worth of stock On the 25th of February, Robert Frenzel exercised options to acquire 23k shares at no cost and sold these for an average price of US$70.78 per share. This trade did not impact their existing holding. For the year to December 2018, Robert's total compensation was 6% salary and 94% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, Robert has owned 145.64k shares directly. Company insiders have collectively sold US$3.9m more than they bought, via options and on-market transactions in the last 12 months. Declared Dividend • Mar 02
Fourth quarter dividend increased to US$0.57 Dividend of US$0.57 is 4.1% higher than last year. Ex-date: 14th March 2025 Payment date: 20th April 2025 Dividend yield will be 3.1%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (64% 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 6.2% 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. Tillkännagivande • Feb 27
Xcel Energy Inc. Declares Dividend on Common Stock, Payable on April 20, 2025 The Board of Directors of Xcel Energy Inc. raised the quarterly dividend on the company’s common stock from 54.75 cents per share to 57 cents per share, which is equivalent to an annual rate of $2.28 per share. The dividends are payable April 20, 2025, to shareholders of record on March 14, 2025. Reported Earnings • Feb 06
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: US$3.44 (up from US$3.21 in FY 2023). Revenue: US$13.4b (down 5.4% from FY 2023). Net income: US$1.94b (up 9.3% from FY 2023). Profit margin: 14% (up from 13% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 7.4%. Earnings per share (EPS) also missed analyst estimates by 2.8%. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has remained flat. Tillkännagivande • Feb 06
Xcel Energy Inc. Reaffirms Earnings Guidance for the Year 2025 Xcel Energy Inc. reaffirmed earnings guidance for the year 2025. For the year, the company expects ongoing earnings guidance EPS in a range of $3.75 to $3.85 per share. The company expects to deliver long-term annual EPS growth of 6% to 8% based off of $3.55 per share (the mid-point of 2024 original ongoing earnings guidance of $3.50to $3.60per share). Tillkännagivande • Jan 24
Xcel Energy Inc. Elects Devin Stockfish to Board of Directors and Joins Finance Committee and Its Operations, Nuclear, Environmental and Safety (ONES) Committee Xcel Energy Inc. announced that Devin Stockfish has been elected to its board of directors, effective Jan. 23, 2025. Stockfish has served as president and CEO of Weyerhaeuser Co., North America’s large integrated timber and forest products company, since 2019, and also serves as a member of its board of directors. He previously was senior vice president, Timberlands; vice president, Western Timberlands; and senior vice president, general counsel and corporate secretary during his nearly 12-year tenure with Weyerhaeuser. Stockfish will serve on the Xcel Energy board of directors’ Finance committee and its Operations, Nuclear, Environmental and Safety (ONES) committee. With his addition, the company’s board of directors will have 14 members. Prior to joining Weyerhaeuser in 2013, Stockfish was vice president and associate general counsel at chemical distributor Univar Solutions LLC, focused on mergers and acquisitions, corporate governance and securities law. He also has worked as an attorney for Starbucks Corp. and practiced corporate law at the K&L Gates LLP law firm. Before practicing law, Stockfish worked as a mechanical engineer with Boeing Co. Stockfish holds a Juris Doctor degree from Columbia Law School and a Bachelor of Science degree in mechanical engineering from the University of Colorado. Tillkännagivande • Jan 07
Xcel Energy Inc. to Report Q4, 2024 Results on Feb 06, 2025 Xcel Energy Inc. announced that they will report Q4, 2024 results Pre-Market on Feb 06, 2025 Declared Dividend • Dec 23
Third quarter dividend of US$0.55 announced Shareholders will receive a dividend of US$0.55. Ex-date: 6th January 2025 Payment date: 20th January 2025 Dividend yield will be 3.2%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (64% 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 6.2% 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 26% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Tillkännagivande • Dec 19
Xcel Energy Inc. Declares Quarterly Dividend on Common Stock, Payable on January 20, 2025 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 January 20, 2025, to shareholders of record on January 6, 2025. Tillkännagivande • Nov 04
Xcel Energy Inc. has filed a Follow-on Equity Offering in the amount of $1.2 billion. Xcel Energy Inc. has filed a Follow-on Equity Offering in the amount of $1.2 billion.
Security Name: Common Stock
Security Type: Common Stock New Risk • Nov 03
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (4.1% increase in shares outstanding). Reported Earnings • Nov 01
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Third quarter 2024 results: EPS: US$1.21 (up from US$1.19 in 3Q 2023). Revenue: US$3.64b (flat on 3Q 2023). Net income: US$682.0m (up 4.0% from 3Q 2023). Profit margin: 19% (in line with 3Q 2023). Revenue missed analyst estimates by 7.2%. Earnings per share (EPS) also missed analyst estimates by 4.6%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 2% per year. Tillkännagivande • Oct 18
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 • Sep 10
Xcel Energy Names Todd Wehner as Treasurer Xcel Energy 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. 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 managing the cash function, insurance process, investment activities, capital structure and providing support in regulatory proceedings. The company's ability to cost-effectively raise capital for its grid and energy investments will benefit its customers with long-term, lower cost energy. Most recently, Wehner served as assistant treasurer at Michigan-based CMS Energy. While there, he optimized the company's capital structure and relationship with equity and debt providers and credit rating agencies. He previously held investment banking roles at Morgan Stanley and Barclays focused on the global utilities and chemicals industries. Wehner began his career serving as a U.S. Air Force officer, flight test engineer and project manager, both domestically and in Iraq. Wehner has earned master's degrees from the University of Michigan in both sustainable systems and in business administration, as well as bachelor of science degrees from Michigan Technological University in electrical engineering and mechanical engineering. Upcoming Dividend • Sep 06
Upcoming dividend of US$0.55 per share Eligible shareholders must have bought the stock before 13 September 2024. Payment date: 20 October 2024. Payout ratio is a comfortable 64% but the company is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of American dividend payers (4.4%). Higher than average of industry peers (3.0%). Buy Or Sell Opportunity • Aug 06
Now 20% undervalued Over the last 90 days, the stock has risen 5.3% to US$57.86. The fair value is estimated to be US$72.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Earnings per share has grown by 4.5%. For the next 3 years, revenue is forecast to grow by 6.4% per annum. Earnings are also forecast to grow by 9.4% per annum over the same time period. Declared Dividend • Aug 02
Second quarter dividend of US$0.55 announced Shareholders will receive a dividend of US$0.55. Ex-date: 13th September 2024 Payment date: 20th October 2024 Dividend yield will be 3.6%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (64% 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 6.9% 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 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover. 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. 