Welcome to our dedicated page for Entergy news (Ticker: ETR), a resource for investors and traders seeking the latest updates and insights on Entergy stock.
News and disclosures about Entergy Corporation (ETR) focus on its activities as a regulated utility holding company that produces, transmits and distributes electricity for approximately 3 million customers in Arkansas, Louisiana, Mississippi and Texas. Company news releases highlight capital investment programs, regulatory decisions, board and leadership changes, financial results and dividend actions, providing context for how Entergy manages its utility operations and growth strategy.
Investors and observers can expect frequent updates on grid reliability and capacity expansion initiatives. Examples include Entergy Arkansas’s “Next Generation Arkansas” plan, which addresses reliability improvements, new generation resources and economic development, and Entergy Texas’s STEP Ahead plan, which covers transmission projects, resiliency efforts and new power stations to support Southeast Texas growth. Entergy Louisiana news has described new combined-cycle natural gas facilities designed to strengthen reliability and support large customers such as data centers.
Entergy’s news flow also covers corporate governance and leadership developments, such as the election of new independent directors and planned executive retirements, as well as participation in industry events like the Edison Electric Institute Financial Conference. Regular earnings releases provide information on quarterly results, guidance ranges for adjusted earnings per share and key regulatory or project milestones.
Dividend announcements, preferred stock actions at subsidiaries such as Entergy Texas, and financing activities are additional recurring topics. Together, these items offer insight into Entergy’s financial policy, capital structure and long-term investment plans. For readers following ETR, this news page serves as a centralized view of the company’s operational, regulatory and financial developments across its multi-state utility footprint.
Entergy has affirmed its adjusted EPS guidance and outlooks following recent Federal Energy Regulatory Commission (FERC) orders regarding customer rates related to the Grand Gulf Nuclear Station. SERI, which operates the station, reported no additional refunds due to customers beyond those provided in 2021. The orders facilitate a $69 million ongoing rate base credit and a one-time credit of $25 million. However, SERI is required to refund approximately $149 million arising from a lease disallowance and will seek a rehearing on this ruling, impacting its financial outlook. Entergy remains committed to regulatory collaboration for customer benefits.
Entergy Louisiana filed its Phase I Future Ready resilience plan with the Louisiana Public Service Commission, seeking approval for a 10-year initiative to enhance grid resilience following major storms. The plan involves $9.6 billion in investments over ten years, with the first phase costing approximately $5 billion. It aims to reduce power restoration costs and customer interruptions by over 34 billion minutes over the next 50 years. The proposal includes grid-hardening measures and advanced vegetation management to combat increasing storm intensity and frequency.
Entergy Texas, Inc. has declared a quarterly dividend of $0.3359375 per share on its Series A Preferred Stock. The dividend distribution will be made on January 15, 2023, to shareholders who are on record as of January 3, 2023. Entergy Texas, a subsidiary of Entergy Corporation, serves over 486,000 customers across 27 counties, emphasizing its commitment to a cleaner energy future with a diverse portfolio that includes carbon-free sources.
Cameron LNG has signed a memorandum of understanding (MOU) with Entergy Louisiana to negotiate a new electric service agreement aimed at reducing Scope 2 emissions from electricity usage. The MOU lays the groundwork for a potential 20-year agreement focused on renewable power, crucial for Cameron LNG's sustainability goals. This initiative is expected to support the expansion of Cameron LNG, which includes a new liquefaction train. Entergy Louisiana aims to meet rising demand for carbon-reduction options, demonstrating its commitment to a cleaner energy future.
Entergy CEO Drew Marsh and the executive team will engage in investor meetings at the 57th Edison Electric Institute Financial Conference from November 13 to November 15, 2022. Relevant materials will be accessible on Entergy's Investor Relations website starting November 11. Entergy, a Fortune 500 company based in New Orleans, serves 3 million customers across Arkansas, Louisiana, Mississippi, and Texas. The company is committed to a sustainable energy future, contributing over $100 million annually to local communities through philanthropic efforts.
Entergy Corporation (NYSE: ETR) reported Q3 2022 earnings of $2.74 per share, an increase from $2.63 in Q3 2021, and adjusted EPS of $2.84 compared to $2.45. The company narrowed its adjusted EPS guidance for 2022 to $6.25 - $6.45. Key achievements included approvals for multiple solar projects totaling 725 MW and a $206 million securitization for Hurricane Ida recovery. A quarterly dividend was declared at $1.07, a 6% increase. Entergy aims to enhance customer affordability and support clean energy initiatives while advancing reliability.
Entergy's board of directors has declared a quarterly dividend of $1.07 per share, marking a 6% increase from the previous $1.01 per share. The new dividend will be paid on December 1, 2022, to shareholders recorded by November 14, 2022. This continuation of cash dividends reflects Entergy's commitment to returning value to its investors, having consistently paid dividends since 1988.
Entergy will announce its third-quarter 2022 financial results before the market opens on November 2. The company encourages stakeholders to join a live webcast discussion at 10 a.m. Central time on the same day. Presentations and materials will be available on Entergy's Investor Relations website prior to the market opening. As a leader in energy provision for over a century, Entergy serves approximately 3 million customers across multiple states and is committed to creating a cleaner energy future through diverse power generation.
Entergy Arkansas has secured approval from the Arkansas Public Service Commission for the Driver Solar Project, its largest solar initiative, featuring a capacity of 250 MW AC (312 MW DC). Located near Osceola, the project will generate energy sufficient to power over 40,000 homes and is set for completion in late 2024. This initiative aims to support U. S. Steel’s sustainability goals, provide job opportunities, and bolster local economic growth through an estimated $1.2 million in annual property taxes, totaling roughly $36 million over 30 years.
The Entergy Texas board has declared a quarterly dividend of $0.3359375 per share on its Series A Preferred Stock, scheduled for payment on Oct. 15, 2022. This dividend will benefit shareholders on record as of Oct. 1, 2022. Entergy Texas, a subsidiary of Entergy Corporation, serves over 486,000 customers across 27 counties. The company is committed to a cleaner energy future, focusing on carbon-free energy sources.