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. reports developments for a regulated electric and natural gas utility serving customers across eight Western and Midwestern states. News commonly covers GAAP and ongoing earnings, dividend declarations, recovery of infrastructure investments, electric sales trends, operating expenses and financing-related updates.
The company’s recurring updates also address clean-energy and grid projects, large-load customer service, generation and transmission planning, and technology and security modernization. Xcel Energy operates through regulated utility companies that include Northern States Power, Public Service Company of Colorado and Southwestern Public Service Company, with business activity tied to electricity delivery, natural gas service, renewable energy resources and state utility regulation.
PowerOn Midwest, developed by Great River Energy, ITC Midwest and Xcel Energy (XEL), is projected to generate major economic benefits for Minnesota and South Dakota as power demand rises.
The 765 kV transmission backbone is expected to support 4,870 jobs, over $2 billion in statewide economic activity, $482 million in payroll and $1.2 billion in long-term property tax revenue in Minnesota.
Xcel Energy (NASDAQ:XEL) declared a quarterly dividend of $0.5925 per share on its common stock. The dividend is payable on July 20, 2026, to shareholders of record as of June 15, 2026. Xcel Energy serves 3.9 million electricity and 2.2 million natural gas customers.
Xcel Energy (NASDAQ: XEL) reported Q1 2026 GAAP EPS of $0.89 and ongoing EPS of $0.91, versus $0.84 GAAP and ongoing in Q1 2025. Net income was $556M. The company reaffirmed 2026 ongoing EPS guidance of $4.04–$4.16. Results reflected higher electric revenues and AFUDC, offset by increased interest charges and depreciation.
Xcel Energy (NASDAQ: XEL) will host a conference call on April 30, 2026 to review first quarter 2026 financial results. The company will release its earnings before market open the same day and begin the call at 9:00 a.m. Central Time.
The call will be webcast and archived at the company's investor website. Replay will be available for one week with provided dial-in and playback ID information.
Xcel Energy (NASDAQ: XEL) was named a World’s Most Ethical Companies® honoree by Ethisphere for the seventh consecutive year on March 18, 2026. The company ranked among 138 global honorees and was one of three U.S. energy companies recognized.
The award highlighted Xcel Energy’s top score for its ethics and compliance program and referenced its governance, culture, environmental and third-party management practices, plus progress on a five-year grid investment plan and below-average customer bills.
Xcel Energy (NASDAQ: XEL) raised its quarterly common dividend from $0.57 to $0.5925 per share, an annual rate of $2.37 per share. Dividends are payable April 20, 2026, to shareholders of record March 13, 2026.
The board noted this marks the 23rd consecutive year of dividend increases and reiterated a target of 4–6% annual dividend growth and a 45–55% payout ratio.
Xcel Energy (NASDAQ: XEL) will power a new Google data center in Pine Island, Minnesota under an Electric Service Agreement announced February 24, 2026. The deal funds 1,900 MW of new clean energy (1,400 MW wind, 200 MW solar, 300 MW storage) and a $50 million CapacityConnect investment.
The agreement includes Google covering new service and grid costs, aims to protect existing customers from higher bills, and will be filed for review with the Minnesota Public Utilities Commission.
Xcel Energy (NASDAQ: XEL) named Rob Cain senior vice president, chief technology officer, effective February 23, 2026. Cain will lead Technology and Security Services to modernize infrastructure, mitigate cyber and physical security risks, and enable AI and advanced digital solutions across the company.
Cain joins from McKinsey, previously served as CIO at Coca-Cola, and succeeds Tim Peterson who accepted a position outside the company.
Xcel Energy (NASDAQ: XEL) reported 2025 GAAP diluted EPS of $3.42 and ongoing diluted EPS of $3.80, versus $3.44 GAAP and $3.50 ongoing in 2024. Net income was $2.02 billion in 2025. The company reaffirmed 2026 EPS guidance of $4.04–$4.16. Key drivers included increased recovery of infrastructure investments, higher electric sales, and rising interest, depreciation and O&M expenses. The results reflect a 2025 $296 million Marshall wildfire-related charge recorded in operating expenses and higher interest costs; management highlighted new data center wins and strategic alliances to support future infrastructure delivery.
Xcel Energy (NASDAQ: XEL) and a subsidiary of NextEra Energy (NYSE: NEE) signed a memorandum of understanding on February 4, 2026 to accelerate delivery of generation, storage and transmission solutions to serve large load customers, including data centers, across Xcel Energy service territories.
The MOU expands an existing commercial relationship, aims to streamline development timelines, increase the data center demand Xcel can serve through the 2030s, and calls for a formal joint development agreement in coming months; projects remain subject to definitive terms and regulatory approvals.