Welcome to our dedicated page for Eversource Energ news (Ticker: ES), a resource for investors and traders seeking the latest updates and insights on Eversource Energ stock.
Eversource Energy reports developments for a regulated utility holding company that transmits and delivers electricity and natural gas and supplies water in Connecticut, Massachusetts and New Hampshire. Recurring updates cover earnings by electric distribution, natural gas distribution, water distribution and parent-company activities, along with rate-case effects, infrastructure investment, financing actions and common-share dividends.
Company news also addresses capital plans for electric and gas distribution systems, reliability and storm-response investments, energy efficiency programs, and grid initiatives tied to clean-energy resources such as networked geothermal systems, solar, offshore wind, electric vehicles and battery storage.
Willdan Group, Inc. (NASDAQ: WLDN) announced that Eversource will implement LoadSEER software in Massachusetts for enhanced load forecasting and grid planning. This enterprise software license enables Eversource to analyze distributed energy resource adoption and perform scenario analyses on grid impacts from electric vehicles and solar energy. LoadSEER's new data scrubber feature improves data accuracy, reducing processing costs. Willdan's support aims to improve grid reliability as energy patterns evolve. The press release highlights the software's potential for accurate forecasting and effective grid planning.
Eversource Energy (NYSE: ES) reported third-quarter earnings of $283.2 million, or $0.82 per share, down from $346.3 million, or $1.01 per share, in Q3 2020. For the first nine months of 2021, earnings totaled $913.8 million, or $2.65 per share, compared to $933.2 million, or $2.76 per share, last year. The results include acquisition-related charges and significant regulatory settlement costs that impacted earnings. Eversource reaffirmed its 2021 EPS projection of $3.81 to $3.93, with a long-term EPS growth rate of 5-7%. The company serves 4.3 million customers across New England.
Eversource Energy (NYSE: ES) will hold a conference call for financial analysts on November 3, 2021, at 9 a.m. Eastern Daylight Time. The call will focus on the company's financial performance through the third quarter of 2021. Interested parties can access the live webcast through the Investors section of the Eversource website. Eversource delivers electricity, natural gas, and water to approximately 4.3 million customers across Connecticut, Massachusetts, and New Hampshire and is recognized for its commitment to corporate citizenship and energy efficiency.
Eversource Energy (NYSE:ES) has declared a quarterly dividend of $0.6025 per share. This dividend is set to be paid on September 30, 2021, to shareholders on record as of September 16, 2021. The company is recognized as New England’s largest energy delivery firm, providing services to approximately 4.3 million customers across Connecticut, Massachusetts, and New Hampshire. Eversource boasts around 344 million common shares outstanding, underlining its significant presence in the energy sector.
Ørsted and Eversource have initiated the construction of the first American-made offshore wind substation for the South Fork Wind project off the coast of Long Island, New York. The 132-megawatt project will utilize a 1,500-ton substation built by Kiewit at its facility in Ingleside, Texas. Over 350 workers will be involved in the fabrication and installation process. This represents a significant advancement for the U.S. offshore wind supply chain, emphasizing local manufacturing and job creation. The substation's construction is set to be completed by spring 2023.
Eversource Energy reported Q2 2021 earnings of $264.5 million, or $0.77 per share, up from $252.2 million, or $0.75 per share, in Q2 2020. For the first half of 2021, earnings reached $630.7 million ($1.83 per share), compared to $587 million ($1.75 per share) in the same period last year. Charges linked to the Columbia Gas acquisition totaled $6.8 million and $13 million for Q2 and H1 2021, respectively. The company reaffirmed its 2021 EPS projection of $3.81-$3.93, highlighting a long-term EPS growth rate of 5-7%. Eversource serves 4.3 million customers across New England.
Eversource Energy (NYSE: ES) will host a conference call to discuss its financial performance for Q2 2021 on July 30, 2021, at 9 a.m. EDT. The webcast will be available on its Investors page. Eversource serves approximately 4.3 million customers across Connecticut, Massachusetts, and New Hampshire. Recognized for corporate responsibility, Eversource is the top energy efficiency provider in the nation and is committed to advancing a clean energy future through innovative solutions such as solar and offshore wind. For more details, visit eversource.com.
Dominion Energy, Ørsted, and Eversource announced a deal for Ørsted and Eversource to charter Dominion's Charybdis, the first Jones Act-qualified offshore wind turbine installation vessel in the U.S. The vessel, expected to be ready by late 2023, supports the construction of the Revolution Wind and Sunrise Wind projects, generating over 1.6 gigawatts of renewable energy for nearly 1 million homes. The charter also enables support for Dominion's Coastal Virginia Offshore Wind project, contributing to job creation and economic growth while having no impact on regulated customers' bills.
Eversource Energy (NYSE: ES) reported first quarter 2021 earnings of $366.1 million, or $1.06 per share, a rise from $334.8 million, or $1.01 per share, in Q1 2020. The results included after-tax costs of $6.2 million from the acquisition of Columbia Gas of Massachusetts and a $30 million charge related to customer credits due to storm damage in 2020. While electric transmission earnings increased to $135.4 million, electric distribution earnings fell to $93.2 million. The company reaffirmed a long-term EPS growth rate of 5-7% and adjusted its 2021 EPS guidance to $3.81-$3.93.
Eversource Energy will host a conference call on May 10, 2021, at 9 a.m. EDT to discuss its Q1 2021 financial performance, accessible via their Investors section online. Eversource serves about 4.3 million customers across Connecticut, Massachusetts, and New Hampshire, recognized as a leader in corporate citizenship and energy efficiency. The company is committed to fostering a clean energy future, integrating solutions like solar and offshore wind into its operations. For further updates, visit their website or follow them on social media.