earnings
Duke Energy saw its 2016 earnings drop more than 20% to $2.15 billion ($3.11/share) from $2.82 billion ($4.05/share) in 2015.
ZEC legislation bolstered Exelon's earnings per share and helped save the Clinton nuclear generation plant.
Dominion Resources is rebranding itself as Dominion Energy, a change accompanied by a new logo and news of increased earnings.
Xcel Energy reported fourth-quarter revenue of $2.8 billion, up from $2.65 billion a year ago, but short of the expected $3.5 billion.
CMS Energy said that 2016 was their best year ever for generation reliability, and boosted earnings for the year to $551 million from $523 million in 2015.
WEC reported net income of $194.4 million for the fourth quarter. The earnings call focused largely on the company’s natural gas initiatives.
NextEra boosted its adjusted earnings by 5% in the fourth quarter and 11% for all of 2016, despite falling short of investor expectations on both measures.
AEP reported fourth-quarter operating earnings of 67 cents/share, up almost 40% from a year earlier.
The third quarter was a good one for the RTO Insider Top 30, as companies reported a 4% increase in revenues over a year earlier and a 22% increase in net income.
Edison International (NYSE:EIX) will continue to upgrade its t&d networks to take advantage of laws aimed at reducing greenhouse gas emissions.
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