Welcome to our dedicated page for Xcel Energy news (Ticker: XEL), a resource for investors and traders seeking the latest updates and insights on Xcel Energy stock.
Xcel Energy Inc (NASDAQ: XEL) provides essential electric and natural gas services to millions across eight U.S. states while leading in renewable energy adoption. This news hub offers investors and stakeholders immediate access to official corporate communications and market-moving developments.
Track critical updates including quarterly earnings reports, regulatory filings, infrastructure investments, and clean energy initiatives. Our curated collection ensures timely access to press releases about rate changes, grid modernization projects, and sustainability milestones that shape XEL's operations.
Discover verified information on strategic partnerships, service territory expansions, and environmental compliance matters. The repository serves as an essential tool for monitoring this utility leader's progress in balancing reliable energy delivery with its industry-leading carbon reduction goals.
Bookmark this page for streamlined access to Xcel Energy's latest operational updates, financial disclosures, and regulatory proceedings. Check regularly for authoritative information directly affecting the company's position in the evolving utilities sector.
Xcel Energy (NYSE:XEL) has unveiled a comprehensive power generation portfolio to address the growing energy demands in Texas and New Mexico. The plan includes 17 new power projects that will add 5,168 megawatts of nameplate capacity by 2030, alongside extensions of 521 megawatts of existing generation.
The portfolio comprises 3,200 megawatts of dispatchable generation and energy storage, plus 1,968 megawatts of wind and solar facilities. The expansion addresses projected 40% growth in electricity demand by 2030, driven by population growth, industrial expansion, and increased electrification. The projects, developed through various ownership structures, are expected to generate up to $5 billion in economic impact in New Mexico over five years.
Xcel Energy (NASDAQ: XEL) has scheduled its second quarter 2025 earnings conference call for Thursday, July 31, 2025, at 9:00 a.m. Central Time. The company will release its earnings report before the market opens on the same day.
Participants can join via phone using US Dial-In: 1-866-580-3963 or International Dial-In: 400-120-0558 with conference password: 5768023. The call will also be webcast and archived on Xcel Energy's investor relations website. A replay will be available through August 5 via US Dial-In: 1-866-583-1035 with password: 5768023#.
Xcel Energy (NASDAQ: XEL) has announced its Board of Directors has declared a quarterly dividend of $0.57 per share on its common stock. The dividend will be paid on July 20, 2025, to shareholders of record as of June 13, 2025.
Xcel Energy is a major U.S. utility company operating in 8 Western and Midwestern states, serving 3.9 million electricity customers and 2.2 million natural gas customers through its regulated operating companies. The company is headquartered in Minneapolis.
Xcel Energy (NASDAQ: XEL) reported first quarter 2025 GAAP earnings of $483 million, or $0.84 per share, compared to $488 million, or $0.88 per share in Q1 2024. The company reaffirmed its 2025 ongoing EPS guidance of $3.75 to $3.85.
Total operating revenues increased to $3,906 million from $3,649 million, with electric revenues rising to $2,835 million and natural gas revenues to $1,055 million. The earnings decline was primarily due to higher O&M expenses, depreciation, and interest charges, partially offset by increased infrastructure investment recovery.
A significant milestone was reached in February when Minnesota regulators approved a resource plan including nearly 5,000 megawatts of new wind, solar, battery storage, and gas by 2030. The company continues to focus on wildfire risk mitigation through operating investments and regulatory support.
Xcel Energy (NASDAQ: XEL) has scheduled its first quarter 2025 earnings conference call for Thursday, April 24, 2025. The company will release its financial results before the market opens on the same day. The conference call will begin at 9:00 a.m. Central Time.
Participants are advised to dial in at least 10 minutes before the scheduled start. The call will be accessible via US Dial-In (1-866-580-3963) and International Dial-In (400-120-0558) using conference password 2629857. A simultaneous webcast will be available on www.xcelenergy.com under the Investors section.
For those unable to attend the live event, a replay will be available through April 29 via US Dial-In: 1-866-583-1035 using the same password.
Xcel Energy (XEL) has been recognized as one of the World's Most Ethical Companies® for the sixth consecutive year by Ethisphere, joining an elite group of only seven U.S. energy companies among 136 global honorees.
The recognition is based on Ethisphere's Ethics Quotient® assessment, which evaluates companies across 240+ proof points covering ethics, compliance, governance, environmental and social impact, and value chain initiatives. Chairman, president and CEO Bob Frenzel emphasized the company's commitment to ethical standards while delivering safe, reliable, and sustainable energy at competitive prices.
In 2024, Xcel Energy announced a five-year investment plan focused on strengthening the energy grid against extreme weather, meeting increased electrification demands, and reducing emissions across electricity, building natural gas use, and transportation sectors.
Xcel Energy (NASDAQ: XEL) announced significant leadership changes as Timothy O'Connor, executive vice president and chief operations officer, will retire this summer after nearly 20 years with the company.
Effective May 1, two internal executives will assume new roles: Scott Sharp will become executive vice president, chief generation officer, overseeing Nuclear, Energy Supply, and Commercial Operations. Michael Lamb will serve as executive vice president, chief delivery officer, managing Electric and Gas Distribution/Transmission, Wildfire Risk Management, Operations Process & Performance, and the Major Projects Group.
Both executives bring extensive experience to their new positions - Sharp has over 30 years in power plant operations, while Lamb has served since 1985 in various leadership roles. They will report to CEO Bob Frenzel and serve on the Executive Committee. O'Connor will transition to an advisory role through August.
Xcel Energy (NASDAQ: XEL) has announced a 4.1% increase in its quarterly dividend, raising it from 54.75 cents to 57 cents per share, equivalent to an annual rate of $2.28 per share. The dividend will be payable on April 20, 2025, to shareholders of record as of March 14, 2025.
This marks Xcel Energy's twenty-second consecutive year of dividend increases, reflecting the Board's confidence in the company's long-term growth strategy and operational excellence. Xcel Energy operates as a major U.S. electricity and natural gas provider across 8 Western and Midwestern states, serving 3.9 million electricity customers and 2.2 million natural gas customers through its regulated operating companies.