PPL Stock Price, News & Analysis

PPL Electric Utilities (NYSE:PPL) has filed its first distribution base rate request in 10 years to fund critical infrastructure investments. The company is seeking a $356 million distribution base rate revenue increase, representing an 8.6% increase in total annual revenue. The net increase requested is just over $300 million, as $50 million is already reflected in customer bills.

If approved, residential customers using 1,000 kWh/month would see an increase of $13 monthly, while typical commercial and industrial customers would experience increases of $8 and $514 per month, respectively. The new rates would take effect on July 1, 2026.

The investment will support grid modernization, weather resilience improvements, and enhanced customer service systems. PPL Electric has maintained operating expenses 25% below inflation since 2015, with only a 7.4% nominal increase in operating and maintenance expenses.

PPL Corporation (NYSE: PPL) has announced its latest quarterly dividend payment. The company declared a dividend of $0.2725 per share, which will be paid on October 1, 2025. Shareholders who are on record as of September 10, 2025 will be eligible to receive this dividend payment.

PPL Corporation (NYSE: PPL) reported Q2 2025 earnings with GAAP earnings of $0.25 per share, down from $0.26 in Q2 2024. Ongoing earnings were $0.32 per share, compared to $0.38 in Q2 2024, with the decline primarily attributed to timing of operating costs and weather impacts.

The company reaffirmed its 2025 ongoing earnings forecast of $1.75-$1.87 per share, expecting to achieve at least the midpoint of $1.81. PPL also confirmed its 6-8% annual EPS and dividend growth targets through 2028, projecting earnings growth in the top half of this range.

Notable developments include a new joint venture with Blackstone Infrastructure to build and operate electric generation stations for data centers, demonstrating PPL's commitment to innovative energy solutions and infrastructure development.

[ "Reaffirmed strong 6-8% annual EPS and dividend growth targets through 2028", "Expects to achieve EPS growth in top half of targeted range", "Strategic joint venture with Blackstone Infrastructure for data center power generation", "YTD reported earnings increased 20% to $597 million vs $497 million in 2024", "Significant progress in utility modernization and infrastructure enhancement" ]

PPL Corporation's (NYSE:PPL) subsidiaries Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU) have reached a significant stipulation agreement with key stakeholders regarding their generation expansion plans. The agreement supports the construction of two 645-megawatt natural gas combined-cycle units, with Brown 12 expected online in 2030 and Mill Creek 6 in 2031.

The agreement includes the installation of a selective catalytic reduction facility for Ghent Unit 2 by 2028 to reduce NOx emissions, and extends Mill Creek Unit 2's operation beyond its planned 2027 retirement until 2031. The utilities have withdrawn their request for battery storage at Cane Run but maintain the right to file a separate request later.

This expansion plan aims to address Kentucky's unprecedented economic growth and data center development needs, serving over 1.3 million customers across Kentucky and Virginia.

PPL Corporation (NYSE: PPL) and Blackstone Infrastructure have announced a strategic joint venture to construct and operate new gas-fired, combined-cycle generation stations in Pennsylvania. The venture, owned 51% by PPL and 49% by Blackstone, will focus on powering data centers through long-term energy services agreements (ESAs).

The initiative addresses PJM Interconnection's forecasted capacity shortages starting 2026-27. Within PPL Electric Utilities' service territory, data center interest has reached over 60 GW of potential projects, with 13 GW in advanced planning. PPL estimates a 6 GW generation shortfall in the next 5-6 years, representing approximately $15 billion in investment needs.

PPL Corporation (NYSE: PPL) has announced it will release its second-quarter 2025 earnings results on Thursday, July 31. The company will host a conference call with financial analysts at 11 a.m. Eastern Time, featuring CEO Vincent Sorgi and other executives who will discuss quarterly results and business outlook.

The presentation will include both audio and slides, accessible via webcast at www.pplweb.com/investors. Participants can join by phone using the numbers 1-844-512-2926 (domestic) or 1-412-317-6300 (international) with Elite Entry number 9662929. A replay will remain available online for 90 days after the call.

PPL Corporation (NYSE: PPL) has announced a quarterly dividend payment of $0.2725 per share. The dividend will be paid on July 1, 2025, to shareholders who are on record as of June 10, 2025. This dividend declaration represents PPL's commitment to providing regular returns to its shareholders.

LG&E and KU, subsidiaries of PPL Corporation (NYSE: PPL), announced significant system upgrades to combat increasing severe weather challenges in Kentucky. The utilities have already achieved a 40% reduction in power outage frequency and 30% in duration. They plan to file requests with Kentucky regulators for revenue adjustments: KU seeking 11.5% increase, LG&E requesting 8.3% for electric and 14% for natural gas. The improvements include replacing aging infrastructure, with 55% of wooden transmission poles being over 60 years old. Since 2017, customers experienced 150,000 fewer annual outages. If approved, starting January 2026, monthly bills would increase by $18.14 for KU customers, $11.04 for LG&E electric customers, and $11.12 for LG&E gas customers. Despite increases, rates will remain below national averages.

PPL Corporation reported strong Q1 2025 financial results, with reported earnings of $0.56 per share, up from $0.42 in Q1 2024. The company's ongoing earnings reached $0.60 per share, compared to $0.54 last year.

Key highlights:

• Total reported earnings: $414 million (Q1 2025) vs $307 million (Q1 2024)
• Kentucky Regulated segment: $0.30 per share, up from $0.25
• Pennsylvania Regulated segment: $0.25 per share, up from $0.21
• Rhode Island Regulated segment: $0.10 per share, up from $0.09

PPL reaffirmed its 2025 earnings forecast range of $1.75 to $1.87 per share, with a $1.81 midpoint. The company maintains its 6% to 8% annual EPS and dividend growth targets through 2028, expecting to achieve growth in the top half of the targeted range.