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.
On April 10, 2023, Entergy's board declared a quarterly dividend payment of $1.07 per share on common stock. This dividend is payable on June 1, 2023, to shareholders of record as of May 4, 2023.
Entergy has consistently paid dividends since 1988, reaffirming its commitment to providing returns to shareholders. The company serves approximately 3 million customers across Arkansas, Louisiana, Mississippi, and Texas, and is recognized for its efforts in sustainability and community support, having delivered over $100 million in economic benefits annually since 2018.
Entergy Corporation participated in the first-ever EmPOWERing Pro Bono Day, aimed at providing legal assistance to underserved communities across its service territories. The event saw the collaboration of in-house legal teams from various electric and natural gas companies, including Entergy, which engaged over 150 volunteer attorneys to support vulnerable clients. During this initiative, Entergy's legal team assisted nearly 200 individuals in Arkansas, Louisiana, Mississippi, and Texas, addressing critical legal issues such as life-planning documents for seniors and domestic violence representation. The effort served over 315 clients, focusing on enhancing community resilience amidst challenges.
Entergy Corporation recently announced its partnership with The American Heart Association to sponsor the STEM Goes Red event, aimed at encouraging young women to pursue careers in Science, Technology, Engineering, and Mathematics (STEM). Held at Xavier University, the event engaged over 90 students from various schools and included networking and mentorship opportunities.
Vice President of Corporate Social Responsibility, Patty Riddlebarger, emphasized the importance of increasing diversity in STEM fields, noting that while women occupy nearly half of the workforce, only 26% are in STEM roles. This initiative seeks to empower young women, particularly minorities, to explore these fields.
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On March 30, 2023, RWE and Entergy signed a Memorandum of Understanding to explore the offshore wind energy market in the Gulf of Mexico. This partnership aims to assess five key areas including market demand for carbon-free energy, transmission reliability, and economic impacts such as job creation. RWE's CEO, Sam Eaton, highlighted the strategic advantages of the existing oil and gas supply chain in the region. Entergy, serving approximately 3 million customers, is committed to net-zero emissions by 2050 and plans to triple its renewable resources in the coming years. The partnership positions both companies to enhance the clean energy landscape in Texas and Louisiana.
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The board of directors of Entergy Texas has declared a quarterly dividend of $0.3359375 per share on its Series A Preferred Stock. This dividend will be payable on April 15, 2023, to shareholders of record as of April 4, 2023. Entergy Texas serves nearly 500,000 customers across 27 counties and is part of Entergy Corporation, which provides energy to 3 million customers in the U.S. Entergy is recognized for its commitment to sustainability and has contributed over $100 million annually to local communities since 2018.
Entergy Louisiana is pursuing a significant renewable power expansion, filing a request with the Louisiana Public Service Commission on March 13 for approval to add 3 gigawatts of solar power. This expansion follows an earlier request for 225 megawatts of solar energy. With a total of 3,225 megawatts now in the approval queue, Entergy aims to enhance its generation portfolio and support state economic growth while reducing its carbon footprint. Current renewable resources total 280 megawatts, contributing to 25% of its portfolio being carbon-free. Entergy's broader goal is to achieve 15 to 17 gigawatts of renewables by 2031.
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Entergy Louisiana has submitted a request to the Louisiana Public Service Commission to add up to three gigawatts of solar power, marking the largest renewable expansion request in state history. This proposal builds on an earlier request for nearly 225 megawatts and aims to enhance local economic development through job creation and increased tax revenues. The total solar power in the approval queue now reaches 3,225 megawatts. Entergy's efforts support its commitment to achieve net-zero carbon emissions by 2050, aligning with its long-term renewable goals of 15 to 17 gigawatts by 2031.