Company News

Q4 Revenues up 7% for Top 30; Net Income Drops
Companies in the RTO Insider Top 30 reported revenues of more than $75 billion in the fourth quarter of 2016, a 7% increase over a year earlier.
CenterPoint Mulling Midstream Stake, Sees Q4 Earnings Shortfall
CenterPoint Energy fell short of analysts’ expectations, reporting fourth-quarter net income of $101 million.
PJM Sticks with LS Power on Artificial Island Project
PJM officials reaffirmed their selection of LS Power for the stability fix at Artificial Island, rejecting a rival plan from PSE&G.
Great Plains Asks Missouri PSC’s OK on Westar Deal
Great Plains Energy complied with Missouri regulators' order that it seek their approval on its proposed acquisition of Westar Energy.
PSEG Becoming Energy Marketer in ‘Defensive Move’
PSEG has received approval to operate as a third-party supplier of retail electric energy in New Jersey and eastern Pennsylvania.
Eversource 2016 Results Up Despite Warm Q1
Eversource Energy reported 2016 earnings of $942.3 million, up 7% over 2015 earnings of $878.5 million.
Hearings Over, PUCT, NextEra Ponder Oncor ‘Deal-Killers’
The Texas PUC concluded four days of hearings on NextEra Energy’s proposed $18.7 billion Oncor acquisition on Friday after hearing from both CEOs.
OGE Doesn’t Let Earnings Shortfall Mar ‘Good Year’
OGE reported net income of $57.9 million in the fourth quarter of 2016, compared to $29.4 million the year prior.
NextEra CEO Crashes PUC Hearings on Oncor Acquisition
NextEra Energy CEO Jim Robo made a last-minute appearance before the PUCT Thursday -- leaving nothing to chance in the company’s pursuit of Oncor.
Big Spending, Shrinking Coal Fleet in NiSource’s Future
NiSource is holding firm to its plan to retire half of its coal generation by 2023 while increasing infrastructure spending from already record levels.

Want more? Advanced Search