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XEL-News
XEL-Events
Xcel Energy Sells Michigan Gas Operations to SEMCO
Xcel Energy, SEMCO ENERGY Gas Company, and Upper Peninsula Power Company, UPPCO, announced the sale of Xcel Energy's Michigan natural gas operations to SEMCO and electric operations to UPPCO. If approved by regulators, Xcel Energy's 6,000 natural gas customers will be served by SEMCO, and 9,000 electric customers will be served by UPPCO. Together, these customers in Gogebic and Ontonagon counties will transition to providers with roots in the Upper Peninsula.
Xcel Energy Q2 Revenue $3.12B, Below Consensus
Reports Q2 revenue $3.12B, consensus $3.55B. "Xcel Energy has been at the center of transformations and infrastructure shifts in our industry for more than 100 years. Our second quarter results demonstrate strong and consistent execution across all our key priorities: customer satisfaction and affordability, system reliability and resiliency, meeting the clean energy aspirations of our communities and ensuring financial discipline," said Bob Frenzel, chairman, president and CEO of Xcel Energy.
Xcel Energy Maintains FY26 EPS Outlook of $4.04-$4.16
Xcel Energy backs FY26 ongoing EPS view $4.04-$4.16, consensus $4.11
Xcel Energy Appoints Peter Carter to Board of Directors
Xcel Energy (XEL) announced that Peter Carter has been elected to its board of directors. Carter serves as the president of Delta Air Lines (DAL), where he drives the company's enterprise strategy, global policy matters and global market position. Carter will serve on the Audit committee and the Governance, Compensation and Nominating committee. With his addition, the company's Board of Directors will have 11 members.
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