Entergy Corp Stock Price, News & Analysis

Entergy Texas, Inc. has declared a quarterly dividend of $0.3359375 per share on its Series A Preferred Stock. The dividend distribution will be made on January 15, 2023, to shareholders who are on record as of January 3, 2023. Entergy Texas, a subsidiary of Entergy Corporation, serves over 486,000 customers across 27 counties, emphasizing its commitment to a cleaner energy future with a diverse portfolio that includes carbon-free sources.

Cameron LNG has signed a memorandum of understanding (MOU) with Entergy Louisiana to negotiate a new electric service agreement aimed at reducing Scope 2 emissions from electricity usage. The MOU lays the groundwork for a potential 20-year agreement focused on renewable power, crucial for Cameron LNG's sustainability goals. This initiative is expected to support the expansion of Cameron LNG, which includes a new liquefaction train. Entergy Louisiana aims to meet rising demand for carbon-reduction options, demonstrating its commitment to a cleaner energy future.

Entergy CEO Drew Marsh and the executive team will engage in investor meetings at the 57th Edison Electric Institute Financial Conference from November 13 to November 15, 2022. Relevant materials will be accessible on Entergy's Investor Relations website starting November 11. Entergy, a Fortune 500 company based in New Orleans, serves 3 million customers across Arkansas, Louisiana, Mississippi, and Texas. The company is committed to a sustainable energy future, contributing over $100 million annually to local communities through philanthropic efforts.

Entergy Corporation (NYSE: ETR) reported Q3 2022 earnings of $2.74 per share, an increase from $2.63 in Q3 2021, and adjusted EPS of $2.84 compared to $2.45. The company narrowed its adjusted EPS guidance for 2022 to $6.25 - $6.45. Key achievements included approvals for multiple solar projects totaling 725 MW and a $206 million securitization for Hurricane Ida recovery. A quarterly dividend was declared at $1.07, a 6% increase. Entergy aims to enhance customer affordability and support clean energy initiatives while advancing reliability.

Entergy's board of directors has declared a quarterly dividend of $1.07 per share, marking a 6% increase from the previous $1.01 per share. The new dividend will be paid on December 1, 2022, to shareholders recorded by November 14, 2022. This continuation of cash dividends reflects Entergy's commitment to returning value to its investors, having consistently paid dividends since 1988.

Entergy will announce its third-quarter 2022 financial results before the market opens on November 2. The company encourages stakeholders to join a live webcast discussion at 10 a.m. Central time on the same day. Presentations and materials will be available on Entergy's Investor Relations website prior to the market opening. As a leader in energy provision for over a century, Entergy serves approximately 3 million customers across multiple states and is committed to creating a cleaner energy future through diverse power generation.

Entergy Arkansas has secured approval from the Arkansas Public Service Commission for the Driver Solar Project, its largest solar initiative, featuring a capacity of 250 MW AC (312 MW DC). Located near Osceola, the project will generate energy sufficient to power over 40,000 homes and is set for completion in late 2024. This initiative aims to support U. S. Steel’s sustainability goals, provide job opportunities, and bolster local economic growth through an estimated $1.2 million in annual property taxes, totaling roughly $36 million over 30 years.

The Entergy Texas board has declared a quarterly dividend of $0.3359375 per share on its Series A Preferred Stock, scheduled for payment on Oct. 15, 2022. This dividend will benefit shareholders on record as of Oct. 1, 2022. Entergy Texas, a subsidiary of Entergy Corporation, serves over 486,000 customers across 27 counties. The company is committed to a cleaner energy future, focusing on carbon-free energy sources.

Entergy Corporation has announced the planned retirement of CEO Leo P. Denault in 2023 after 23 years with the company. The board has elected Chief Financial Officer Andrew Marsh as the next CEO, effective November 1. Denault will remain as executive chairman during the transition, supporting Marsh and the leadership team. Under Denault's leadership, Entergy has focused on sustainable value creation, expanding its customer base to 3 million and advancing its renewable energy strategies. The leadership transition aims to sustain the company's momentum in the energy sector.