Xcel Energy Inc., through its subsidiaries, generates, purchases, transmits, distributes, and sells electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through coal, nuclear, natural gas, hydroelectric, solar, biomass, oil, wood/refuse, and wind energy sources. It also purchases, transports, distributes, and sells natural gas to retail customers, as well as transports customer-owned natural gas. In addition, the company develops and leases natural gas pipelines, and storage and compression facilities; and invests in rental housing projects, as well as procures equipment for the construction of renewable generation facilities. It serves residential, commercial, and industrial customers in the portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. The company sells electricity to approximately 3.7 million customers; and natural gas to approximately 2.1 million customers. Xcel Energy Inc. was incorporated in 1909 and is headquartered in Minneapolis, Minnesota.
IPO Year:
Exchange: NASDAQ
Website: xcelenergy.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
1/13/2025 | $70.00 → $72.00 | Equal Weight → Overweight | Wells Fargo |
12/12/2024 | $69.00 → $80.00 | Neutral → Overweight | Analyst |
11/1/2024 | $71.00 → $76.00 | Hold → Buy | Jefferies |
9/20/2024 | $70.00 | Hold | Jefferies |
8/26/2024 | $68.00 | Hold → Buy | Argus |
3/11/2024 | $58.00 | Peer Perform → Outperform | Wolfe Research |
3/11/2024 | $61.00 → $54.00 | Equal Weight → Overweight | Barclays |
10/6/2023 | $58.00 → $66.00 | Neutral → Buy | BofA Securities |
8/24/2023 | $60.00 | Equal Weight | Barclays |
8/22/2023 | $72.00 → $60.00 | Buy → Neutral | BofA Securities |
Long will oversee legal, compliance and federal affairs teams Xcel Energy announced today 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. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250616678230/en/Ryan Long "Ryan has an extensive legal background as well as demonstrating tremendous leadership in strategic planning, operational considerations and financial results in his current role as pr
The Board of Directors of Xcel Energy Inc. (NASDAQ:XEL) today 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. Xcel Energy is a major U.S. electricity and natural gas company, with operations in 8 Western and Midwestern states. Xcel Energy provides a comprehensive portfolio of energy-related products and services to 3.9 million electricity customers and 2.2 million natural gas customers through its regulated operating companies. Company headquarters are located in Minneapolis. More information is available at www.xcelenergy.com. This information is not given in connection with any
First quarter GAAP and ongoing earnings per share were $0.84 in 2025 compared with $0.88 in 2024. Xcel Energy reaffirms its 2025 ongoing EPS guidance of $3.75 to $3.85. Xcel Energy Inc. (NASDAQ:XEL) today reported 2025 first quarter GAAP earnings of $483 million, or $0.84 per share, compared with $488 million, or $0.88 per share in the same period in 2024. First quarter ongoing earnings reflect higher O&M expenses, depreciation and interest charges, partially offset by increased recovery of infrastructure investments. "As we continue to advance our mission to make energy work better for our customers, we are building new generation, investing in system resilience and leading the ener
Brings 25+ Years of Energy Sector Experience, Including in Power Generation Will Lead Development of Country's Largest Natural Gas-Powered Data Center Campus, Poised to Bring Unprecedented Level of Economic Opportunity to Region Homer City Redevelopment LLC ("HCR") today announced it has appointed Corey Hessen as Chief Executive Officer, effective immediately. Hessen replaces William A. Wexler who will transition into the role of Chairman of the Board of HCR's parent company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250421362202/en/Corey Hessen, Chief Executive Officer of Homer City Redevelopment Hessen will be responsibl
On Thursday, April 24, 2025, Xcel Energy (NASDAQ:XEL) will host a conference call to review first quarter 2025 financial results. The earnings report will be released prior to the market open on the same date. The call will begin at 9:00 a.m. Central Time. To participate in the conference call, please dial in at least 10 minutes prior to the scheduled start and follow the operator's instructions. You will be asked for the conference password. US Dial-In: 1-866-580-3963 International Dial-In: 400-120-0558 Conference Password: 2629857 The conference call will be simultaneously webcast and archived on our website at the following location: www.xcelenergy.com Under Company, select: Investo
Award recognizes company's leadership in integrity, culture and sustainability For the sixth year in a row, Xcel Energy has been named a World's Most Ethical Companies® honoree by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. Xcel Energy is one of only seven energy companies in the United States recognized this year among 136 global honorees. "We are committed to creating a culture where employees feel empowered to do the right thing for our customers and communities," said Bob Frenzel, chairman, president and CEO of Xcel Energy. "Being recognized again as a World's Most Ethical Companies honoree is credit to all of our teammates who h
Two internal executive appointments announced in accordance with succession planning process Xcel Energy Inc. (NASDAQ:XEL) announced today that Timothy O'Connor, executive vice president, chief operations officer, will retire from the company this summer after nearly two decades of service. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250303957018/en/Tim O'Connor (Photo: Business Wire) In accordance with the company's succession planning process, two internal executive appointments were announced, which will be effective May 1: Scott Sharp will be named executive vice president, chief generation officer, adding oversight
The Board of Directors of Xcel Energy Inc. (NASDAQ:XEL) today 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. "Today's dividend increase of 4.1% marks the twenty second consecutive year that Xcel Energy has increased its dividend. It signals the Board of Directors' confidence in our long-term growth strategy, and is a result of continued operational excellence and financial strength," said Bob Frenzel, chairman, president and CEO of Xcel Energy. Xcel Energy is a major U.S. electricit
2024 GAAP earnings per share were $3.44 compared with $3.21 per share in 2023. 2024 ongoing earnings per share were $3.50 compared with $3.35 per share in 2023. Xcel Energy reaffirms 2025 EPS guidance of $3.75 to $3.85 per share. Xcel Energy Inc. (NASDAQ:XEL) today reported 2024 GAAP earnings of $1.94 billion, or $3.44 per share, compared with $1.77 billion, or $3.21 per share in the same period in 2023 and ongoing earnings of $1.97 billion, or $3.50 per share, compared with $1.85 billion, or $3.35 per share in the same period in 2023. See Note 6 for reconciliation from GAAP to ongoing earnings. The change in ongoing earnings reflect increased recovery of infrastructure investme
Stockfish brings extensive expertise as president, CEO of Weyerhaeuser Co. Xcel Energy Inc. (NASDAQ:XEL) announced today that Devin Stockfish has been elected to its board of directors, effective Jan. 23, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250123720390/en/Devin Stockfish (Photo: Business Wire) Stockfish has served as president and CEO of Weyerhaeuser Co., North America's largest 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, ge