Welcome to our dedicated page for Consolidated Edison news (Ticker: ED), a resource for investors and traders seeking the latest updates and insights on Consolidated Edison stock.
Consolidated Edison Inc (NYSE: ED), a cornerstone of New York's energy infrastructure, provides essential electricity, gas, and steam services to millions. This page aggregates all official company announcements and third-party analyses for investors tracking this regulated utility leader.
Access real-time updates on earnings reports, regulatory rate cases, and infrastructure modernization initiatives. Stay informed about Con Edison's grid resilience projects, sustainability programs, and operational milestones through verified press releases and curated industry coverage.
Key content includes quarterly financial disclosures, FERC/PSC regulatory filings, storm response updates, and clean energy partnerships. Bookmark this page for streamlined monitoring of ED's strategic developments within the evolving utility landscape.
Con Edison has filed a proposal with the New York State Public Service Commission to adjust electric and gas rates in 2023, seeking an additional $1.2 billion for electric and $500 million for gas. The intent is to fund investments in clean energy and enhance infrastructure resilience amid increasing severe weather. Proposed customer bill increases are 11.2% for electric and 18.2% for gas. The plan emphasizes sustainability, aiming to cut 2.4 million metric tons of CO2 over three years and enhance services for low-income customers.
Consolidated Edison (NYSE: ED) announced a quarterly dividend of 79 cents per share on January 20, 2022, marking a 6 cent annual increase from the previous $3.10 annualized dividend. This dividend will be payable on March 15, 2022, to stockholders of record as of February 16, 2022. Con Edison’s latest increase reflects 48 consecutive years of dividend growth, the longest streak among S&P 500 utilities, demonstrating its commitment to returning value to investors during the clean energy transition.
Consolidated Edison, Inc. (NYSE:ED) plans to release its 2021 earnings report on February 17, 2022, after market close. The company, a leading energy delivery provider in the U.S., boasts approximately $12 billion in annual revenues and $63 billion in assets. Con Edison operates through subsidiaries that deliver electric, gas, and steam services primarily in New York City and surrounding areas, while also investing in renewable energy projects as one of the second largest solar electric producers in North America.
Consolidated Edison, Inc. (NYSE:ED) announced the election of Tim Cawley as chairman of the board on November 18, 2021. Cawley, who became president and CEO earlier this year after John McAvoy retired, will continue the company's leadership in energy delivery. With annual revenues of approximately $12 billion and assets totaling $63 billion, Con Edison operates multiple subsidiaries, including Consolidated Edison Company of New York and Con Edison Clean Energy Businesses, focusing on sustainable energy solutions.
Consolidated Edison (ED) reported a third quarter 2021 net income of $538 million or $1.52 per share, a rise from $493 million or $1.47 per share in Q3 2020. Adjusted earnings for Q3 2021 were $499 million or $1.41 per share, slightly lower than $495 million or $1.48 per share in the previous year. For the first nine months of 2021, net income reached $1,122 million or $3.23 per share, increasing from $1,058 million or $3.17 per share in 2020. The results reflect the company's resilience amid adverse weather while managing operational costs.
Consolidated Edison, Inc. (NYSE: ED) has declared a quarterly dividend of 77.5 cents per share on its common stock, scheduled for payment on December 15, 2021. Stockholders of record as of November 17, 2021 will be eligible. Con Edison is a major energy-delivery company in the U.S., generating approximately $12 billion in annual revenues and managing $63 billion in assets. Their services include electric, gas, and steam provision in New York City and surrounding areas as well as renewable energy projects.
Consolidated Edison, Inc. (NYSE:ED) is set to announce its 3rd Quarter 2021 earnings on November 4, 2021, following the market's close. The company, a leading energy delivery entity in the U.S., boasts annual revenues of approximately $12 billion and total assets of around $63 billion. Through various subsidiaries, Con Edison provides electric, gas, and steam services primarily in New York City and surrounding areas, and operates as a major solar developer both in the U.S. and globally.
Timothy Cawley, CEO of Consolidated Edison (NYSE: ED), will engage in a one-on-one fireside chat at the Wolfe 2021 Utilities, Midstream & Clean Energy Conference on September 29 at 8:45 a.m. EDT. The event underscores the company's commitment to renewable energy, as Con Edison is one of the largest energy-delivery companies in the U.S., reporting approximately $12 billion in annual revenues. A live webcast of the discussion will be available and can also be accessed later for playback on the Con Edison Investor Relations website.
On August 19 at 9 a.m. ET, Consolidated Edison will host an Environmental, Social, and Governance presentation, featuring senior leadership including CEO Timothy Cawley and CFO Robert Hoglund. The event includes a Q&A session and will be webcast live. Consolidated Edison, one of the largest energy companies in the U.S., generates approximately $12 billion in annual revenue and manages assets worth $63 billion. The webcast will also be accessible on the Con Edison Investor Relations website.
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