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Edison Intl - EIX STOCK NEWS

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Edison International: A Leader in Electric Power and Clean Energy Solutions

Edison International (NYSE: EIX), headquartered in Rosemead, California, is a prominent player in the U.S. energy sector, serving as the parent company of Southern California Edison (SCE) and Edison Energy. With a robust focus on providing clean, reliable, and sustainable energy, Edison International operates at the intersection of traditional utility services and innovative energy solutions, making it a critical contributor to the nation’s energy infrastructure.

Core Operations: Southern California Edison (SCE)

Southern California Edison, a subsidiary of Edison International, is one of the largest electric utilities in the United States. SCE delivers electricity to approximately 15 million people across a 50,000-square-mile service area in Southern, Central, and Coastal California, excluding Los Angeles. The utility’s operations are heavily regulated, providing a stable revenue stream through electricity distribution and infrastructure maintenance. SCE plays a pivotal role in supporting California’s ambitious clean energy goals, integrating renewable energy sources like solar and wind into its grid while maintaining reliability and affordability for its customers.

Non-Regulated Ventures: Edison Energy

Beyond its utility business, Edison International diversifies its portfolio through Edison Energy, a non-regulated subsidiary that offers integrated sustainability and energy advisory services to large commercial, industrial, and institutional organizations. Edison Energy helps its clients navigate the complexities of energy procurement, efficiency, and decarbonization, positioning itself as a trusted partner in achieving sustainability goals. This segment underscores Edison International’s commitment to innovation and its proactive approach to addressing the evolving needs of the energy market.

Market Position and Competitive Landscape

As a major utility holding company, Edison International operates in a competitive landscape that includes other significant players like Exelon Corporation and Southern Company. Its focus on clean energy and infrastructure investment differentiates it from competitors, aligning with the increasing demand for renewable energy solutions. The company’s strategic initiatives, such as its participation in the Economic Opportunity Coalition, highlight its dedication to fostering economic inclusion and supporting diverse suppliers, further solidifying its reputation as a socially responsible entity.

Challenges and Opportunities

Edison International faces challenges inherent to the utilities industry, including regulatory compliance, wildfire risks in its service areas, and the need for continuous infrastructure upgrades. However, its strategic focus on clean energy and sustainability positions it to capitalize on opportunities in the growing renewable energy market. By leveraging its expertise in both regulated and non-regulated sectors, Edison International aims to meet the evolving energy needs of its customers while contributing to a more sustainable future.

Conclusion

Edison International stands out as a key player in the energy sector, combining the stability of its regulated utility operations with the innovation of its non-regulated ventures. Through its subsidiaries, the company not only delivers essential electricity services but also drives progress in renewable energy and sustainability. Its strategic initiatives and market positioning make it a significant contributor to the clean energy transition, underscoring its importance in the U.S. energy landscape.

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Edison International announces the opening of applications for scholarships up to $25,000 for the 2024 Lineworker Scholarship Program aimed at increasing diversity in Southern California Edison's workforce. The program has awarded over 35 scholarships since its launch in 2021, focusing on Black, Asian Pacific Islander, Native American, and female representation.
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Edison International (EIX) declares quarterly common stock dividend of $0.78 per share and various dividends for preferred stocks. Southern California Edison (SCE) also announces dividends for different preference stocks. Dividends to be paid on March 15, 2024, and May 1, 2024, to respective holders of record.
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Edison International (EIX) reports fourth-quarter 2023 GAAP earnings per share of $0.99 and core EPS of $1.28. Full-year 2023 GAAP EPS stands at $3.12, with core EPS at $4.76. SCE surpasses WMP covered conductor target, deploying over 5,580 miles. EIX introduces 2024 EPS guidance of $4.75-$5.05 and reiterates long-term core EPS growth rate targets.
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Edison International (EIX) is set to announce its Fourth Quarter and Full Year 2023 Financial Results on Thursday, Feb. 22, 2024, from 1:30-2:30 p.m. (PST). The conference call and webcast details, as well as the replay information, are provided in the press release.
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Edison International (EIX) Encourages Carbon Emission Reduction for a Cleaner New Year
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Edison International (EIX) Urges Climate Action and Reform at COP28
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Edison International (EIX) Supports Solar Panel Installation on Affordable Apartments in Orange to Save Residents Money and Reduce Their Carbon Footprint
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Edison International (EIX) partners with the Orange County Fire Authority Foundation to collect holiday gift donations. The partnership aims to collect 40,000 toys and beat last year's record of 39,312 toys and $50,000 in monetary donations. More than 150 businesses have joined the cause, and the toys will be distributed to 120 nonprofits and thousands of children.
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Edison International (NYSE: EIX) declares a quarterly common stock dividend of $0.78 per share, increasing the annual dividend rate to $3.12 per share, marking the 20th consecutive annual increase. Southern California Edison also declared a semiannual dividend of $25.1409 per share on the Series E preference stock.
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Edison International (EIX) employees and their families participate in the 18th annual National Family Volunteer Day, packing nearly 5,000 food boxes. The event, hosted by the Community Action Partnership of Orange County, involved 240 volunteers and addresses food insecurity during the holiday season.
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FAQ

What is the current stock price of Edison Intl (EIX)?

The current stock price of Edison Intl (EIX) is $55.19 as of March 5, 2025.

What is the market cap of Edison Intl (EIX)?

The market cap of Edison Intl (EIX) is approximately 21.1B.

What is Edison International's primary business?

Edison International is a utility holding company focused on electricity generation and distribution through Southern California Edison and energy advisory services through Edison Energy.

How does Edison International generate revenue?

The company generates revenue primarily through regulated utility operations via Southern California Edison and non-regulated energy advisory services through Edison Energy.

What makes Edison International unique in the energy sector?

Edison International stands out for its commitment to clean energy, sustainability, and its dual focus on regulated utility services and non-regulated energy solutions.

Who are Edison International's main competitors?

Key competitors include Exelon Corporation, Southern Company, and other major U.S. utilities focused on electricity distribution and renewable energy.

What role does Southern California Edison play in Edison International's operations?

Southern California Edison is a subsidiary that delivers electricity to millions of customers in California, providing a stable revenue base through its regulated utility operations.

How does Edison International contribute to clean energy initiatives?

The company invests in renewable energy integration, infrastructure upgrades, and offers sustainability advisory services through Edison Energy, supporting the clean energy transition.

What is Edison Energy's role within Edison International?

Edison Energy is a non-regulated subsidiary that provides energy advisory services, helping large organizations achieve sustainability and energy efficiency goals.

Where is Edison International headquartered?

Edison International is headquartered in Rosemead, California.

What challenges does Edison International face in its industry?

The company faces challenges such as regulatory compliance, wildfire risks, and the need for continuous infrastructure upgrades to support clean energy goals.

How does Edison International support economic inclusion?

Through initiatives like the Economic Opportunity Coalition, Edison International partners with diverse suppliers and supports underserved communities in the clean energy transition.
Edison Intl

NYSE:EIX

EIX Rankings

EIX Stock Data

21.11B
383.71M
0.18%
90.91%
1.56%
Utilities - Regulated Electric
Electric Services
Link
United States
ROSEMEAD