Articles from Xcel Energy
Xcel Energy Using AI Technology to Detect Wildfires in Texas Panhandle
Xcel Energy is increasing its wildfire detection and mitigation efforts in the Texas Panhandle by introducing artificial intelligence to spot fires early. We are partnering with Pano AI to install more than 50 camera stations across the region. Carson, Gray, Roberts, Hutchinson, Wheeler, Hemphill, Garza, Cochran, Moore, Potter and Yoakum counties are currently being considered. First responders and firefighters will have immediate access to this data, shortening response times.
By Xcel Energy · Via Business Wire · December 3, 2024
Xcel Energy Announces Closing of Common Stock Offering with a Forward Component
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.
By Xcel Energy · Via Business Wire · November 5, 2024
Xcel Energy Announces Pricing of Common Stock Offering with a Forward Component
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. Closing of this offering is expected to occur on or about November 5, 2024, subject to customary closing conditions.
By Xcel Energy · Via Business Wire · November 4, 2024
Xcel Energy Announces Public Offering of Common Stock with a Forward Component
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 otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices.
By Xcel Energy · Via Business Wire · November 4, 2024
Xcel Energy Third Quarter 2024 Earnings Report
Xcel Energy Inc. (NASDAQ: XEL) today reported 2024 third quarter GAAP earnings of $682 million, or $1.21 per share, compared with $656 million, or $1.19 per share in the same period in 2023 and ongoing earnings of $707 million, or $1.25 compared with $682 million, or $1.23 per share in the same period in 2023. See Note 6 for reconciliation from GAAP to ongoing earnings.
By Xcel Energy · Via Business Wire · October 31, 2024
Xcel Energy Third Quarter 2024 Earnings Conference Call
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.
By Xcel Energy · Via Business Wire · September 27, 2024
Xcel Energy Drives Forward Clean Energy Goals
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.
By Xcel Energy · Via Business Wire · September 23, 2024
Xcel Energy Names Todd Wehner as Treasurer
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.
By Xcel Energy · Via Business Wire · September 9, 2024
Xcel Energy Inc. Board Declares Dividend on Common Stock
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.
By Xcel Energy · Via Business Wire · July 30, 2024
Xcel Energy Second Quarter 2024 Earnings Conference Call
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.
By Xcel Energy · Via Business Wire · June 28, 2024
Xcel Energy Continues to Deliver Progress in Achieving Carbon Reduction Goals
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.
By Xcel Energy · Via Business Wire · June 12, 2024
Xcel Energy Inc. Board Declares Dividend on Common Stock
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.
By Xcel Energy · Via Business Wire · May 22, 2024
Xcel Energy names Rob Berntsen new executive vice president and chief legal and compliance officer
Xcel Energy today 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.
By Xcel Energy · Via Business Wire · May 20, 2024
Xcel Energy Inc. to Webcast Annual Meeting of Shareholders
Xcel Energy Inc. (NASDAQ: XEL) will hold its 2024 Annual Meeting of Shareholders virtually at 11:00 a.m. central time on May 22, 2024. Shareholders of record at the close of business on the record date, March 25, 2024, are invited to participate. Shareholders of record can attend the meeting online at www.virtualshareholdermeeting.com/XEL2024 and can vote during the meeting using the control number found on their proxy card or Notice of Internet Availability of Proxy Materials. Shareholders of record can also vote online prior to the meeting at www.proxyvote.com by entering the control number found on their proxy card or Notice of Internet Availability of Proxy Materials.
By Xcel Energy · Via Business Wire · May 13, 2024
Xcel Energy First Quarter 2024 Earnings Report
Xcel Energy Inc. (NASDAQ: XEL) today reported 2024 first quarter GAAP and ongoing earnings of $488 million, or $0.88 per share, compared with $418 million, or $0.76 per share in the same period in 2023.
By Xcel Energy · Via Business Wire · April 25, 2024
Xcel Energy First Quarter 2024 Earnings Conference Call
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.
By Xcel Energy · Via Business Wire · April 1, 2024
Statement from Xcel Energy regarding wildfires in the Texas Panhandle
By Xcel Energy · Via Business Wire · March 7, 2024
Xcel Energy Inc. Board Increases 2024 Common Dividend 5.3%, Declares Dividend on Common Stock
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.
By Xcel Energy · Via Business Wire · February 21, 2024
Xcel Energy 2023 Year End Earnings Report
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.
By Xcel Energy · Via Business Wire · January 25, 2024
Xcel Energy 2023 Year End Earnings Conference Call
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.
By Xcel Energy · Via Business Wire · January 3, 2024
Xcel Energy Inc. Board Declares Dividend on Common Stock
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.
By Xcel Energy · Via Business Wire · December 13, 2023
Xcel Energy Third Quarter 2023 Earnings Report
Xcel Energy Inc. (NASDAQ: XEL) today reported 2023 third quarter GAAP earnings of $656 million, or $1.19 per share, compared with $649 million, or $1.18 per share in the same period in 2022 and ongoing earnings of $682 million, or $1.23 per share, compared with $649 million, or $1.18 per share in the same period in 2022. See Note 7 for reconciliation from GAAP to ongoing earnings.
By Xcel Energy · Via Business Wire · October 27, 2023
Xcel Energy receives $100 million Department of Energy grant to boost wildfire mitigation and grid resiliency
Xcel Energy today 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.
By Xcel Energy · Via Business Wire · October 18, 2023
Xcel Energy, Heartland Hydrogen Hub selected 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.
By Xcel Energy · Via Business Wire · October 13, 2023
Xcel Energy Third Quarter 2023 Earnings Conference Call
On Friday, October 27, 2023, Xcel Energy (NASDAQ: XEL) will host a conference call to review third quarter 2023 financial results. The earnings report will be released prior to the market open on the same date.
By Xcel Energy · Via Business Wire · October 2, 2023