Welcome to our dedicated page for Xcel Energy SEC filings (Ticker: XEL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Xcel Energy Inc. (NASDAQ: XEL) SEC filings page on Stock Titan provides direct access to the company’s regulatory disclosures, along with AI-powered tools to help interpret complex documents. As a Minneapolis-based regulated utility serving millions of electric and natural gas customers across eight states, Xcel Energy files a broad range of reports that are central to understanding its financial condition, capital plans and regulatory environment.
Investors can review Form 8-K current reports, where Xcel Energy frequently discloses material events such as bond offerings, cash tender offers for first mortgage bonds issued by subsidiaries, rate case filings in Colorado, New Mexico and Wisconsin, and developments in litigation like the Marshall Wildfire settlements. These filings explain how new debt, settlements or regulatory proceedings may affect earnings, cash flows and risk.
Periodic reports such as quarterly and annual filings (10-Q and 10-K), when available, detail operating revenues from electric and natural gas services, operating expenses, capital expenditures and segment performance for subsidiaries including Northern States Power, Public Service Company of Colorado, Southwestern Public Service Company and Northern States Power Company-Wisconsin. They also describe Xcel Energy’s approach to ongoing earnings, non-GAAP metrics and its infrastructure investment plans.
This page also surfaces securities registration statements and indenture-related exhibits, such as documentation for junior subordinated notes due 2085, which provide insight into the company’s capital structure and financing strategy. Where applicable, insider and governance-related disclosures, including director elections and board committee assignments, can be traced through related 8-K items.
Stock Titan enhances these documents with AI-generated summaries that highlight key terms, financial impacts and regulatory context, helping users quickly identify what matters in lengthy filings. Real-time updates from EDGAR ensure that new XEL filings, including 10-K, 10-Q, 8-K and related exhibits, are available promptly for analysis.
Xcel Energy Inc. entered into an equity distribution agreement allowing it to offer and sell shares of common stock with an aggregate gross sales price of up to $4,300,000,000 through sales agents and forward transactions. This structure includes traditional at-the-market offerings, “Initially Priced Forward Transactions,” and “Collared Forward Transactions.”
Sales may occur on Nasdaq or through other permitted methods, with sales agent and forward seller commissions of up to 1.00% of the sales price. All shares are registered under an existing Form S-3 shelf registration and a new prospectus supplement dated May 1, 2026.
Xcel Energy Inc. proposes to offer and sell up to $4,300,000,000 of common stock from time to time pursuant to an equity distribution agreement, including through "at-the-market" sales and structured forward transactions.
The prospectus supplement describes two forward structures: initially priced forward transactions and collared forward transactions, each of which may involve borrowed shares, prepayments, price collars, and settlement mechanics that can result in cash proceeds, share issuance, or cash/share obligations depending on election and market outcomes. The company noted $1.480 billion of consolidated short-term borrowings as of March 31, 2026 and disclosed a commission cap of 1.00% per share; the last reported sale price was $82.95 on April 30, 2026.
Xcel Energy Inc. reported higher first-quarter 2026 results and detailed major wildfire-related exposures. Net income rose to $556 million from $483 million, with diluted EPS increasing to $0.89 from $0.84. Ongoing EPS, excluding certain items, was $0.91.
Total operating revenues grew modestly to $4.02 billion from $3.91 billion, driven mainly by higher recovery of electric infrastructure investments, alternative revenue and stronger commercial and industrial electric sales, partly offset by warm weather and lower natural gas usage.
Xcel highlighted substantial wildfire matters. For the Smokehouse Creek Fire Complex, it has recorded an estimated $460 million loss before insurance and about $500 million including legal costs, with only about $90 million of wildfire insurance coverage remaining for the policy period. The company also updated the largely settled Marshall Fire litigation, where settlement payments of $640 million led to prior charges but produced a $22 million insurance recovery benefit this quarter.
Liquidity increased, with cash and cash equivalents rising to $1.76 billion from $274 million, supported by $3.26 billion of new long-term debt issuance and a $1.5 billion term loan facility of which $750 million was drawn. Capital expenditures were elevated at $3.02 billion, reflecting continued investment in regulated utility infrastructure.
Xcel Energy Inc. reported first quarter 2026 GAAP diluted earnings per share of $0.89, up from $0.84 in 2025, on net income of $556 million and operating revenues of $4.021 billion. Ongoing diluted EPS, which excludes Prairie Island outage refunds and Marshall Wildfire insurance recoveries, was $0.91.
Results benefited from higher electric revenues, increased allowance for funds used during construction and regulatory rate outcomes, partly offset by higher interest expense, increased depreciation and the negative earnings impact of warm weather. Xcel Energy reaffirmed its 2026 ongoing EPS guidance of $4.04 to $4.16 and outlined substantial planned financing and resource investments while updating wildfire-related loss estimates and insurance recoveries.
Xcel Energy Inc reports a 13G filing showing 34,848,115 shares beneficially owned by Vanguard Portfolio Management, representing 5.58% of common stock as of 03/31/2026.
The filing states Vanguard Portfolio Management LLC and affiliated business divisions exercise dispositive power over these shares while holding sole voting power for 71,640 shares. Ownership is reported on behalf of Vanguard funds and managed accounts per the filer’s disclosure.
Xcel Energy Inc ownership disclosure: Vanguard Capital Management reports 45,753,794 shares of Common Stock, representing 7.33% of the class. The filing states Vanguard has sole dispositive power over 45,753,794 shares and sole voting power for 6,264,632 shares.
Xcel Energy is asking shareholders to vote at its virtual 2026 annual meeting on May 20, 2026 on three items: electing 10 directors, an advisory say-on-pay vote and ratifying Deloitte & Touche as auditor for 2026.
The proxy highlights 2025 performance, including $3.80 ongoing EPS, record $12 billion of infrastructure investment and 99.98% electric reliability. Management notes 21 consecutive years of meeting or exceeding initial earnings guidance and 23 years of consecutive dividend increases. The company reports a 58% reduction in carbon emissions from 2005 levels and a goal to be a net-zero energy provider by 2050.
Xcel outlines a five-year, $60 billion capital plan for 2026–2030, adding 1,900 MW of storage, 3,000 MW of natural gas generation and 7,500 MW of zero-carbon renewables, plus $5 billion for grid hardening and wildfire mitigation. The proxy emphasizes strong governance practices, an experienced mostly independent board, clear risk oversight and a pay-for-performance compensation program that ties a significant portion of executive pay to EPS growth, carbon reduction and other operational and sustainability metrics.
XCEL ENERGY INC director Timothy A. Welsh received a compensation-related stock award. He acquired 480.215 stock equivalent units tied to common stock as part of his director retainer. Of these, 400.179 units were granted at a price of $78.09 per unit instead of his quarterly cash retainer, and 80.036 units were granted at no cost as a 20% premium on that retainer amount.
The stock equivalent units will be paid in whole shares of common stock, with any fractional units settled in cash, after Welsh’s service as a director ends. Following this award, his directly held common stock and stock equivalent units total 14,660.215 shares and units, indicating this is a routine compensation grant rather than an open-market purchase.
XCEL ENERGY INC director Charles G. Pardee received an equity-based grant tied to board compensation. He acquired 580.527 stock equivalent units of common stock as part of his director retainer, bringing his directly owned common stock and units to 30,940.792 shares-equivalent.
According to the disclosure, 483.772 of these stock equivalent units were granted at a price of $78.09 per unit in lieu of his quarterly cash retainer, while 96.775 units were granted at no cost as a 20% premium on that retainer amount. The units are payable in whole shares of common stock after he leaves the board, and any fractional units will be settled in cash. The position also includes 118.552 stock equivalent units previously acquired through the reinvestment of dividend equivalents, showing that a portion of his stake grows automatically as dividends are paid.