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.
Eversource Energy announced a quarterly dividend of $0.675 per share, payable on March 31, 2023, to shareholders of record as of March 2, 2023. This declaration reflects the company's ongoing commitment to return value to its shareholders. Additionally, a conference call with financial analysts is scheduled for February 14, 2023, at 9 a.m. Eastern Time, where senior management will discuss the company's financial performance for 2022. Eversource serves approximately 4.4 million customers across Connecticut, Massachusetts, and New Hampshire, and is recognized as a leader in corporate responsibility and energy efficiency.
Ørsted and Eversource have jointly submitted a proposal for New York's third offshore wind solicitation, aiming to deliver renewable power to over 1 million homes. This project is projected to create thousands of jobs and contribute billions to the state economy, while focusing on environmental justice and integrating clean energy solutions. The joint venture is developing South Fork Wind and Sunrise Wind, with total capacities of 130 MW and 924 MW, respectively. New York is set to lead the nation in offshore wind with a goal of 9,000 MW by 2035. This initiative is supported by a $500 million investment for offshore wind infrastructure.
Eversource Energy (NYSE: ES) has been recognized for the fourth consecutive year in the JUST Capital and CNBC's Rankings of America’s Most JUST Companies. This annual list celebrates corporations demonstrating corporate responsibility towards their customers, communities, and environment. Eversource is noted for its commitment to social justice, environmental stewardship, and community partnerships. The company serves approximately 4.4 million customers across Connecticut, Massachusetts, and New Hampshire, emphasizing its role in delivering safe and reliable energy.
Eversource Energy (NYSE: ES) announced the election of Loretta D. Keane to its Board of Trustees, effective January 1, 2023. Keane is appointed Vice Chair of the Audit Committee and a member of the Finance Committee. With a strong financial background and extensive experience in technology-enabled services, she aims to provide insights that enhance Eversource's commitment to delivering reliable energy and supporting a clean energy future. Eversource continues to be recognized for its corporate citizenship, serving approximately 4.4 million customers in New England.
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The Board of Trustees of Eversource Energy (NYSE:ES) has announced a quarterly dividend of $0.6375 per share. This dividend is set to be paid on December 30, 2022, to shareholders on record as of the close of business on December 16, 2022. Eversource Energy is the largest energy delivery company in New England, serving approximately 4.4 million customers across Connecticut, Massachusetts, and New Hampshire, with about 348 million common shares outstanding.
Williams Industrial Services Group reported a revenue decline to $56.7 million in Q3 2022 from $73.4 million in Q3 2021, attributed to lower decommissioning and nuclear business. The company recorded net income of $3.6 million ($0.14/share) compared to $0.8 million ($0.03/share) last year. Backlog increased to $352.7 million, with $168.2 million expected to convert to revenue in the next year. However, guidance was adjusted downwards for 2022, with expected revenue now $245-$255 million, alongside margin compressions and anticipated losses in the Florida water business.
Eversource is committing to science-based targets for carbon reduction, aligning with global climate goals at COP27 in Egypt. The company aims to establish measurable greenhouse gas (GHG) reduction targets within 24 months, collaborating with the Science Based Target initiative (SBTi). This initiative builds on Eversource's 2030 carbon neutrality goal and their efforts in renewable energy such as solar and offshore wind. Eversource is recognized for its commitment to sustainability and leadership in environmental, social, and governance (ESG) practices, serving approximately 4.4 million customers in the Northeast.
Eversource Energy (NYSE: ES) reported Q3 2022 earnings of $349.4 million ($1.00 per share), a significant increase from $283.2 million ($0.82 per share) in Q3 2021. Year-to-date earnings reached $1,084.7 million ($3.13 per share), up from $913.8 million ($2.65 per share) in the same period last year. The company reaffirmed its 2022 EPS guidance of $4.04 to $4.14 per share, excluding adjustments. Key performance drivers included higher revenues in electric transmission and distribution, despite challenges from rising expenses. Eversource serves approximately 4.4 million customers across New England.
Eversource Energy (NYSE: ES) will host a conference call on November 3, 2022, at 9 a.m. ET to discuss its financial performance for Q3 2022. This live audio presentation will be available on the company's website. Eversource is recognized as a leader in corporate citizenship and energy efficiency, serving approximately 4.4 million customers across Connecticut, Massachusetts, and New Hampshire, while actively integrating clean energy resources.