US98389B1008 - Common Stock
XCEL ENERGY INC
NASDAQ:XEL (5/1/2024, 7:00:03 PM)
After market: 53.78 0 (0%)53.78
+0.05 (+0.09%)
Xcel Energy, Inc. operates as a holding company engaged in the generation, purchase, transmission, distribution, and sale of electricity. The company is headquartered in Minneapolis, Minnesota and currently employs 11,982 full-time employees. The firm provides a portfolio of energy-related products and services through its four utility subsidiaries. Its segments include Regulated Electric and Regulated Natural Gas. The Regulated Electric Utility segment generates, transmits and distributes electricity in Minnesota, Wisconsin, Michigan, North Dakota, South Dakota, Colorado, Texas and New Mexico. In addition, this segment includes sales for resale and provides wholesale transmission service to various entities in the United States. The regulated electric utility segment also includes wholesale commodities and trading operations. The Regulated Natural Gas Utility segment transports, stores and distributes natural gas primarily in portions of Minnesota, Wisconsin, North Dakota, Michigan and Colorado. Its subsidiaries include NSP-Minnesota, NSP-Wisconsin, Public Service Company of Colorado, and Southwestern Public Service Co. (SPS).
XCEL ENERGY INC
414 Nicollet Mall
Minneapolis MINNESOTA 55401
P: 6123305500
CEO: Ben Fowke
Employees: 11982
Website: https://www.xcelenergy.com/
The worst wildfire in Texas history was sparked by a power pole and lines owned by Xcel Energy Inc. that hadn’t been effectively maintained or replaced, according to a state legislative committee report.
XEL stock results show that Xcel Energy beat analyst estimates for earnings per share but missed on revenue for the first quarter of 2024.
Wildfires are turning a safe investment bet into a riskier gamble as utility companies face blame for sparking blazes
Xcel Energy said it will cut power to about 55,000 customers in Colorado due to high winds that could topple its power lines and spark wildfires.
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