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Globe and Mail
10 hours ago
- Business
- Globe and Mail
Xcel Energy Beats Q2 Earnings Estimates, Sales Miss, Adds Customers
Xcel Energy Inc. XEL reported second-quarter 2025 operating earnings of 75 cents per share, which beat the Zacks Consensus Estimate of 63 cents by 19.05%. The bottom line also improved 38.9% from the year-ago quarter's figure of 54 cents. The year-over-year improvement in earnings per share was due to increased recovery of infrastructure investments, partially offset by higher interest charges, depreciation and O&M expenses. It reported GAAP earnings of 75 cents per share compared with 54 cents in the year-ago quarter. Total Revenues of XEL Revenues of $3.28 billion missed the Zacks Consensus Estimate of $3.31 billion by 0.8%. However, the figure increased 8.6% from the year-ago quarter's $3.02 billion. XEL's Segmental Results Electric: This segment's revenues totaled $2.87 billion, up 8.3% from $2.65 billion in the year-ago quarter. Natural Gas: Revenues in this segment increased 11.5% to $396 million from $355 million in the year-ago quarter. Other: Revenues amounted to $13 million compared with $14 million in the prior-year quarter. Highlights of XEL's Earnings Release Total operating expenses increased 5.1% year over year to $2.71 billion. The increase in operating expenses was due to higher electric fuel and purchased power costs, and the cost of natural gas sold and transported. Operating income increased 28.5% year over year to $577 million. Total interest charges and financing costs rose 6.3% from the prior-year quarter's $303 million to $322 million. In the first six months, Xcel Energy registered 2.7% growth in electric customer volume and a 0.4% decline in natural gas customer volume. In the second quarter, natural gas sales increased 0.9% from the year-ago period's level, and electric sales volume increased 1%. XEL's Guidance Xcel Energy reaffirmed its projection for 2025 earnings per share in the range of $3.75-$3.85. The Zacks Consensus Estimate is pegged at $3.81, a tad higher than the midpoint of the guided range of $3.80 per share. XEL estimates retail electric sales to increase 3% in 2025. Natural gas sales volumes are anticipated to increase 1% from the year-ago level. Xcel Energy plans to invest $45 billion in 2025-2029 to further strengthen its infrastructure. XEL's Zacks Rank XEL currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Other Releases NextEra Energy, Inc. NEE reported second-quarter 2025 adjusted earnings of $1.05 per share, which beat the Zacks Consensus Estimate of $1.02 by 2.9%. The bottom line was also up nearly 9.4% year over year. NEE's long-term (three-to-five years) earnings growth rate is 7.89%. It delivered an average earnings surprise of 3.51% in the last four quarters. American Electric Power Company, Inc. AEP reported second-quarter 2025 operating earnings per share (EPS) of $1.43, which beat the Zacks Consensus Estimate of $1.28 by 11.7%. The bottom line inched up 14.4% from $1.25 recorded in the year-ago quarter. AEP's long-term earnings growth rate is 6.43%. It delivered an average earnings surprise of 6.61% in the last four quarters. Exelon Corporation 's EXC second-quarter 2025 earnings of 39 cents per share surpassed the Zacks Consensus Estimate of 37 cents by 5.4%. EXC's long-term earnings growth rate is 6.34%. It delivered an average earnings surprise of 10.05% in the last four quarters. One Big Gain, Every Trading Day To help you take full advantage of this market, you're invited to access every stock recommendation in all our private portfolios - for just $1. Zacks private portfolio services that closed 256 double and triple-digit winners in 2024 alone. That's about one big gain every day the market was open. Of course, not all our picks are winners, but members have seen recent gains as high as +627% +1,340%, and +1,708%. Imagine how much you could profit with a steady stream of real-time picks from all our services that cover a number of strategies to suit a variety of investing and trading styles. See Stocks Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Xcel Energy Inc. (XEL): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report American Electric Power Company, Inc. (AEP): Free Stock Analysis Report
Wall Street Journal
23-07-2025
- Business
- Wall Street Journal
Iberdrola to Raise Almost $6 Billion to Support Investments
Iberdrola IBE 0.89%increase; green up pointing triangle said it plans a capital increase of 5 billion euros ($5.88 billion) to support its upcoming investments. The Spanish energy company said Wednesday that it plans an accelerated bookbuilding offering of new shares, with the amount of shares and price to be determined.
Bloomberg
23-07-2025
- Business
- Bloomberg
Equinor Quarterly Profit Drops After Disruption at LNG Facility
Equinor ASA 's second-quarter profit fell on softer oil prices and a prolonged outage at its liquefied natural gas facility in northern Norway. Adjusted operating income after tax dropped to $1.74 billion, compared with $2.15 billion a year earlier, according to a statement from the company on Wednesday. That's below the average analyst estimate of $1.8 billion.
Bloomberg
17-07-2025
- Business
- Bloomberg
SSE Posts Lower Renewables Output on Driest Weather in 50 Years
SSE Plc said hot, dry weather across Scotland significantly reduced renewable-power generation in the last quarter. The prolonged dry heat reduced output from the utility's hydroelectric plants by more than 40% year-on-year, SSE said in a statement. Total renewables production declined 4%.
Globe and Mail
14-07-2025
- Business
- Globe and Mail
Alliance Resource Partners, L.P. Announces Second Quarter 2025 Earnings Conference Call
Alliance Resource Partners, L.P. (NASDAQ: ARLP) will report its second quarter 2025 financial results before the market opens on Monday, July 28, 2025. Alliance management will discuss these results during a conference call beginning at 10:00 a.m. Eastern that same day. To participate in the conference call, dial U.S. Toll Free (877) 407-0784 and request to be connected to the Alliance Resource Partners, L.P. earnings conference call. International callers should dial (201) 689-8560 and request to be connected to the same call. Investors may also listen to the call via the "Investors" section of ARLP's website at An audio replay of the conference call will be available for approximately one week. To access the audio replay, dial U.S. Toll Free (844) 512-2921; International Toll (412) 317-6671 and request to be connected to replay using access code 13754521. About Alliance Resource Partners, L.P. ARLP is a diversified energy company that is currently the second largest coal producer in the eastern United States, supplying reliable, affordable energy domestically and internationally to major utilities, metallurgical and industrial users. ARLP also generates operating and royalty income from mineral interests it owns in strategic coal and oil & gas producing regions in the United States. In addition, ARLP is positioning itself as a reliable energy partner for the future by pursuing opportunities that support the growth and development of energy and related infrastructure. News, unit prices and additional information about ARLP, including filings with the Securities and Exchange Commission ("SEC"), are available at For more information, contact the investor relations department of ARLP at (918) 295-7673 or via e-mail at investorrelations@
