Welcome to our dedicated page for Entergy news (Ticker: ETR), a resource for investors and traders seeking the latest updates and insights on Entergy stock.
News and disclosures about Entergy Corporation (ETR) focus on its activities as a regulated utility holding company that produces, transmits and distributes electricity for approximately 3 million customers in Arkansas, Louisiana, Mississippi and Texas. Company news releases highlight capital investment programs, regulatory decisions, board and leadership changes, financial results and dividend actions, providing context for how Entergy manages its utility operations and growth strategy.
Investors and observers can expect frequent updates on grid reliability and capacity expansion initiatives. Examples include Entergy Arkansas’s “Next Generation Arkansas” plan, which addresses reliability improvements, new generation resources and economic development, and Entergy Texas’s STEP Ahead plan, which covers transmission projects, resiliency efforts and new power stations to support Southeast Texas growth. Entergy Louisiana news has described new combined-cycle natural gas facilities designed to strengthen reliability and support large customers such as data centers.
Entergy’s news flow also covers corporate governance and leadership developments, such as the election of new independent directors and planned executive retirements, as well as participation in industry events like the Edison Electric Institute Financial Conference. Regular earnings releases provide information on quarterly results, guidance ranges for adjusted earnings per share and key regulatory or project milestones.
Dividend announcements, preferred stock actions at subsidiaries such as Entergy Texas, and financing activities are additional recurring topics. Together, these items offer insight into Entergy’s financial policy, capital structure and long-term investment plans. For readers following ETR, this news page serves as a centralized view of the company’s operational, regulatory and financial developments across its multi-state utility footprint.
Entergy Arkansas is intensifying its philanthropic efforts in June to combat food insecurity, particularly during the summer months when children lose access to school-provided meals. One in five Arkansans faces hunger, with the rate rising to one in four for children.
As the defending champions of the Arkansas Foodbank and KTHV Channel 11 Summer Cereal Drive, Entergy Arkansas was the largest donor last year, contributing over $30,000. The drive aims to provide meals to families year-round, with every $1 donation purchasing a box of cereal equivalent to five meals.
Entergy Arkansas also supports the Arkansas Hunger Relief Alliance, donating $110,000 last year. The alliance includes over 500 members committed to reducing hunger through various initiatives. This year’s activities include the Hunger Action Breakfast, Serving Up Solutions, Watermelon Crawl, and College Hunger Summit.
Additional efforts focus on promoting diversity and inclusion, such as supporting the Mosaic Templars Cultural Center Juneteenth in Da Rock commemoration.
Entergy (NYSE: ETR) and NextEra Energy Resources, a NextEra Energy subsidiary (NYSE: NEE), have announced a joint development agreement to develop up to 4.5 gigawatts (GW) of new solar and energy storage projects. This five-year agreement aims to expand Entergy's renewable energy portfolio and address growing electricity demand in Arkansas, Louisiana, Mississippi, and Texas. This collaboration builds on an existing partnership, adding to the 1.7 GW of renewable projects already in progress. Entergy aims to leverage this initiative to provide low-cost, renewable energy to its customers.
Entergy will host its 2024 Analyst Day on Friday, June 7. The event will feature CEO Drew Marsh and the executive management team, who will discuss the company's growth opportunities and business strategy for delivering reliable, affordable, and cleaner energy. A live audio webcast will begin at 10 a.m. ET on Entergy's Investor Relations website, where presentation materials will also be available prior to market open on the same day. A replay of the webcast will be accessible after the event.
On May 30, 2024, at the New Orleans Jazz & Heritage Festival, Entergy partnered with the American Indian College Fund (AICF) to present a $50,000 grant to support Native American students' higher education. This marks the ninth consecutive year of collaboration, benefiting students from the United Houma Nation and others. Entergy Louisiana President Phillip May and VP for Corporate Social Responsibility Patty Riddlebarger emphasized the company's dedication to overcoming educational barriers. Since 2015, Entergy has funded over $315,000 in scholarships for 135 Native American students, addressing the community's educational underrepresentation. The AICF has aimed for a 60% graduation rate by 2025 and has awarded over 150,000 scholarships worth more than $280 million since its inception in 1989.
Entergy has been recognized as one of the top 50 community-minded companies in the US for the ninth year in a row, according to Points of Light's 2024 Civic 50 list. The company was also named the Utilities Sector Leader for the second consecutive year. Entergy's dedication to corporate citizenship includes more than 120,000 volunteer hours in 2023, valued at $3.8 million, and a total economic impact of nearly $140 million across Arkansas, Louisiana, Mississippi, and Texas. The company prioritizes addressing poverty, promoting education and workforce development, and providing financial assistance to vulnerable customers.
Entergy's 2023 performance report highlights the company's economic, environmental, governance, and social achievements. It includes key initiatives such as a $5.6 million customer bill assistance program during record summer heat and a $700,000 donation to support HBCU students through a new partnership aimed at closing the racial wealth gap. These efforts reflect Entergy's commitment to enhancing community prosperity and customer well-being.
Entergy, as a presenting sponsor, significantly contributed to the Bayou Regional FIRST Robotics Competition held in Kenner, Louisiana. This event, which spanned a week, drew hundreds of high school students from various regions to compete in designing, building, and programming industrial-scale robots. Entergy's Vice President of Marketing Sales and Customer Insights, Cory Ramsel, announced a $50,000 donation to support the initiative, reflecting Entergy's long-standing commitment to STEM education. Over the past decade, Entergy has invested over $4 million in robotics and engineering programs, advancing teams from Louisiana and Mississippi to the 2024 world championships in Houston. The competition aims to inspire and empower students to pursue careers in STEM, aligning with Entergy's mission to foster innovation and excellence in the future workforce.
Entergy IT announces three New Orleans students as recipients of its Technology College Scholarship. The scholarship program supports students pursuing technology-related degrees in fields like computer science and cybersecurity. The scholarship aims to build a local technology workforce and change lives. Registration for the next school year scholarship will open early in the fall.
Entergy CEO Drew Marsh shared a bold vision for improving stakeholder outcomes at the company's 75th annual meeting. The focus is on customer growth, cleaner energy, reliability, and resilience while maintaining affordability. Key achievements in 2023 include strong industrial sales, customer growth, renewable energy investments, and approvals for major resilience projects. Entergy is committed to meeting customer expectations and driving growth opportunities for the future.
Entergy released a performance report highlighting their achievements in 2023, covering financial results, environmental impacts, and social performance. The report emphasizes diversity, inclusion, and workforce development initiatives aimed at reflecting the communities they serve.
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