Company News

Xcel Beats Expectations, Hypes EVs
Xcel Energy reported third-quarter earnings of $1.14/share, beating Zacks Investment Research’s consensus expectation by 7 cents.
Entergy, in Eye of the Storms, Beats Expectations
Entergy held its third-quarter earnings call with financial analysts as Hurricane Zeta, the fifth to hit this season, bore down on Louisiana.
Transource Tapped for SPP’s 2nd Competitive Tx Project
SPP awarded its second competitive transmission project under FERC Order 1000, the Sooner-Wekiwa project, to Transource Missouri.
DTE Energy to Cleave Pipeline Business
DTE announced that it will spin off its non-utility Midstream natural gas pipeline, gathering and storage business.
FirstEnergy Fires Jones over Bribe Probe
FirstEnergy fired CEO Charles Jones and two others over an alleged bribery scandal in Ohio after two men pleaded guilty in the scheme.
PG&E Trying to Move Forward from Bankruptcy
PG&E executives tried to reassure investors that the company is moving forward from its bankruptcy and the wildfires of the past three years.
Vineyard Wind Reaches Tx Agreement with ISO-NE
Vineyard Wind announced that it reached a transmission agreement with ISO-NE to deliver power to the RTO’s grid for its offshore wind project
SoCal Edison Line May Have Sparked Silverado Fire
SoCal told the state Public Utilities Commission that one of its power lines might have started the Silverado Fire.
PG&E Line Was Active when Zogg Fire Started
PG&E said a line suspected of starting the Zogg Fire remained active while other circuits in the same region were de-energized.
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AEP: ‘Light at the End of the Tunnel’
AEP reported third-quarter earnings of $749 million ($1.51/share), compared with earnings a year ago of $734 million ($1.49/share).

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