Welcome to our dedicated page for Pinnacl West Cap news (Ticker: PNW), a resource for investors and traders seeking the latest updates and insights on Pinnacl West Cap stock.
Pinnacle West Capital Corporation (PNW) provides essential energy services to Arizona through its regulated utility operations and diversified investments. This news hub offers investors and stakeholders centralized access to official announcements, financial disclosures, and strategic developments from the parent company and its subsidiaries.
Track key updates including quarterly earnings reports, regulatory filings with state commissions, infrastructure investments, and clean energy initiatives. The curated collection features press releases on operational milestones, leadership changes, and service territory expansions alongside analysis of rate case decisions impacting Arizona consumers.
Discover timely information about APS's grid modernization efforts, renewable energy projects, and reliability improvements. Content spans financial performance metrics, dividend declarations, and capital expenditure plans while maintaining compliance with SEC disclosure standards.
Bookmark this page for direct access to primary source materials from one of the Southwest's most established energy providers. Check regularly for updates on nuclear facility operations, solar energy partnerships, and regulatory developments shaping Arizona's power landscape.
Pinnacle West Capital (NYSE: PNW) has declared a quarterly dividend of $0.895 per share of common stock, payable on June 2, 2025, to shareholders of record as of May 5, 2025.
The company will release its 2025 first-quarter financial results on May 1, 2025, before U.S. markets open, followed by a management webcast and conference call at noon ET. Pinnacle West, a Phoenix-based energy holding company, maintains consolidated assets exceeding $27 billion, approximately 6,500 megawatts of generating capacity, and employs about 6,400 people across Arizona and New Mexico. Through its main subsidiary, Arizona Public Service, the company provides retail electricity to approximately 1.4 million Arizona customers.
Pinnacle West Capital (NYSE: PNW) has scheduled the release of its 2025 first-quarter financial results for Thursday, May 1, 2025, before U.S. markets open. The company will host a webcast and conference call at noon ET (9 a.m. Arizona time) to discuss the results.
The energy holding company, based in Phoenix, maintains consolidated assets exceeding $26 billion, approximately 6,500 megawatts of generating capacity, and a workforce of about 6,400 employees across Arizona and New Mexico. Through its main subsidiary, Arizona Public Service, Pinnacle West provides retail electricity service to approximately 1.4 million Arizona homes and businesses.
Arizona Public Service (APS) has deployed new artificial intelligence (AI) smoke-detection cameras to enhance wildfire detection and emergency response capabilities. The system includes over 30 AI cameras installed across various Arizona locations, including Flagstaff, Payson, Prescott, Sedona, north Phoenix, and southeastern Arizona.
The Pano AI technology features smart AI that can detect fire smoke within a 10-mile range, connected satellite data for fire size and location information, and 24/7 live streaming with 360-degree ultra-high-definition views. Recent successful implementations include the detection of the Horton Fire in December 2024 and the Brady Fire in February 2025.
APS's comprehensive wildfire mitigation strategy includes partnerships with federal land managers, regular power line inspections, preventative upgrades, and vegetation management across their 38,000-mile power line network. The company serves approximately 1.4 million homes and businesses in Arizona and aims to achieve 100% clean power by 2050.
Pinnacle West Capital Corp. (NYSE: PNW) reported consolidated net income of $608.8 million, or $5.24 per diluted share, for full-year 2024, compared to $501.6 million ($4.41 per share) in 2023. The company reported a Q4 2024 net loss of $6.8 million (-$0.06 per share).
The improved annual results were driven by new customer rates, increased customer usage (5.7% retail sales growth), robust customer growth (2.1%), and exceptionally hot summer weather. These positive factors were partially offset by higher operations and maintenance expenses, increased depreciation, higher interest charges, and higher income taxes.
To meet growing demand, especially from commercial and industrial customers including semiconductor plants and data centers, APS plans to add 9,805 megawatts of renewable power, battery storage and natural gas between 2025-2028. For 2025, Pinnacle West estimates consolidated earnings of $4.40 to $4.60 per diluted share on a weather-normalized basis.
Pinnacle West Capital (NYSE: PNW) has scheduled the release of its 2024 fourth-quarter and full-year financial results for Tuesday, February 25, 2025, before U.S. market opening. Management will host a webcast and conference call at 11 a.m. ET to discuss the results and recent developments.
The company, based in Phoenix, is an energy holding company with over $26 billion in consolidated assets, approximately 6,500 megawatts of generating capacity, and 6,100 employees across Arizona and New Mexico. Through its main subsidiary, Arizona Public Service, it provides retail electricity to about 1.4 million Arizona customers.
Pinnacle West Capital Corp. (NYSE: PNW) announced a leadership transition as Chairman and CEO Jeff Guldner will retire on March 31, 2025, after 5 years at the helm. APS President Ted Geisler will take over as Chairman, President, and CEO of both Pinnacle West and APS effective April 1, 2025.
Guldner will remain in a non-executive advisory role through March 2026 to ensure a smooth transition. Lead Director Paula Sims praised Guldner's vision for a carbon-free future and his efforts to improve customer experience and financial health. Geisler, who has been with APS for 23 years and serves as its President since 2022, has been credited with achieving top-quartile rankings in reliability and customer satisfaction.
Pinnacle West Capital (NYSE: PNW) has announced its quarterly dividend of $0.895 per share of common stock, payable on March 3, 2025, to shareholders of record as of February 3, 2025. The company, based in Phoenix, operates as an energy holding company with consolidated assets exceeding $26 billion. Through its main subsidiary, Arizona Public Service, it maintains approximately 6,500 megawatts of generating capacity and employs about 6,100 people across Arizona and New Mexico, providing retail electricity service to approximately 1.4 million Arizona homes and businesses.
Arizona utilities APS, SRP, TEP, and UniSource have announced plans to join Southwest Power Pool's Markets+, a day-ahead and real-time energy market expected to launch by 2027. The initiative is projected to generate nearly $100 million in savings above current market participation, which will be passed on to customers. The market will enhance grid reliability, support renewable resource integration, and help utilities respond to market price changes and regional weather events. Markets+ will provide participants access to diverse generation resources, including hydroelectric, wind, and nuclear power, while offering an independent governance structure for equitable representation.
Arizona Public Service (APS) has secured its largest-ever energy supply addition, signing agreements to add nearly 7,300 megawatts (MW) of power capacity. The mix includes renewable power, battery storage, and natural gas, with 93% coming from clean energy technologies. The portfolio includes the 170 MW Ironwood Solar Plant, 2,480 MW of solar resources through power purchase agreements, 3,460 MW of battery storage capacity, 500 MW of wind power, and approximately 520 MW of natural gas capacity expansions. Projects will begin operations as soon as 2026 to meet Arizona's growing energy demands, with peak customer demand expected to reach 13,000 MW by 2038.
Arizona Public Service (APS) has announced its largest-ever energy supply addition, securing nearly 7,300 megawatts (MW) of power through various agreements. The portfolio includes 2,480 MW of solar resources, 3,460 MW of battery storage, 500 MW of wind power, and natural gas expansions. The Ironwood Solar Plant will deliver 170 MW of clean energy by 2026, while the Agave Solar Plant will add 150 MW of battery storage. Natural gas expansions include 90 MW at Sundance Power Plant and 400 MW at Redhawk Power Plant. 93% of this supply will come from clean energy technologies. APS expects peak customer demand to grow to over 13,000 MW by 2038.
