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Consolidated Edison (ED) Stock News, Apr-Aug 2023

ED NYSE

Consolidated Edison, Inc. reports developments for a regulated energy holding company whose subsidiaries provide electric, gas and steam service in New York City, Westchester County, southeastern New York and northern New Jersey. Its operating companies include Consolidated Edison Company of New York, Orange and Rockland Utilities and Con Edison Transmission, which develops and invests in electric transmission projects and joint-venture energy assets.

Company news commonly covers quarterly and annual earnings, common stock dividends, investor presentations, equity offerings, credit and financing activity, and capital funding for utility subsidiaries. Updates also address regulated utility operations and transmission investment under state and federal oversight.

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Consolidated Edison, Inc. (NYSE:ED) is set to release its 1st Quarter 2023 earnings on May 4, 2023, after the market closes. The company, a leading energy-delivery provider in the U.S., reported approximately $16 billion in annual revenues and $69 billion in assets as of December 31, 2022. Con Edison serves a wide array of customers through its subsidiaries, including Consolidated Edison Company of New York, Inc. and Orange and Rockland Utilities, Inc., providing utility services across New York City and parts of New Jersey. The upcoming earnings report is anticipated to provide insights into the company’s financial performance and future outlook.

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FAQ

What is the current stock price of Consolidated Edison (ED)?

Consolidated Edison (ED) last closed at $104.64.

What is the market cap of Consolidated Edison (ED)?

The market cap of Consolidated Edison (ED) is approximately $38.7B.