Company News

Oncor Financing Tamps Down Sempra Earnings
Financing costs related to the acquisition of Texas utility Oncor helped pushed Sempra Energy’s earnings down by $94 million in the first quarter compared with the same period last year.
PPL Looks to Raise $2B in Equity for 5-6% Annual Growth
PPL said it expects to need to raise only about $2 billion from equity sales through 2020.
Exelon to Push for Laws, Rules to Boost Profitability
Exelon’s plans for its generation subsidiary rely heavily on a push for new legislation and market rule changes that ensure profitability for its plants.
Profits Down, PG&E Fights Wildfire Liability
The financial implications of last year's California wildfires for PG&E are just beginning to surge as the utility works to reduce the impact on shareholders.
Eversource Looks to Offshore Wind, New Rates for Growth
Eversource Energy said that it will seek to support earnings growth through offshore wind contracts from its Bay State Wind partnership.
CenterPoint Energy
CenterPoint Touts Vectren Deal in Earnings Call
CenterPoint reported first-quarter (Q1 2018) earnings of $241 million ($0.55/share), compared with $160 million ($0.37/share) for the same period in 2017.
Con Ed Braces for Possible Regulatory Storms
Consolidated Edison’s (Con Ed) Q1 2018 earnings jumped more than 10% on an increased rate base and a weather-related boost in steam revenues.
Invenergy
WEC Delivers Strong Q1 Despite Leadership Uncertainties
Cold weather and a stronger regional economy helped boost WEC Energy Group’s first-quarter (Q1 2018) earnings above expectations.
Edison Hopeful for State Action on Wildfire Liability
Edison International is hopeful that several California bills will ease the financial pressure stemming from wildfire costs.
DTE Energy
DTE Highlights Renewable Efforts, Wins Gas Plant Approval
DTE Energy is focused on plans to double its renewable energy capacity by the early 2020s and build a new, controversial $1-billion gas-fired plant recently approved by regulator.

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