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.
The New Orleans Super Bowl LIX Host Committee, Entergy, the New Orleans Saints, and the NFL Foundation have announced Impact 59 Powered by Entergy, a legacy grant program for Super Bowl LIX. This initiative aims to support local nonprofit organizations in the Greater New Orleans region, focusing on youth development, workforce training, education, health and wellness, and equity and inclusion.
The program will benefit organizations in ten parishes, with grants awarded based on need, merit, and proposed projects. Applications are being accepted until August 23. Super Bowl LIX, scheduled for February 9, 2025, at Caesars Superdome, is expected to bring an economic impact of around $500 million to Louisiana and attract 6,000 credentialed media members to New Orleans.
Entergy Louisiana is hosting a customer engagement event on July 25 in LaPlace to help customers manage their utility bills amid rising summer temperatures. The event, held in partnership with New Wine Christian Fellowship, will take place from 8-11 a.m. at 1929 W. Airline Hwy., Suite 1933.
Attendees can:
- Learn about energy efficiency programs
- Connect with financial assistance options
- Explore the new Bill Toolkit
- Receive free box fans and energy efficiency kits
The event will also provide information on security lighting and the Kids to College savings program. This initiative aims to support customers in conserving electricity while maintaining comfort and accessing available resources.
Entergy (ETR) has announced it will release its second-quarter 2024 financial results on August 1, 2024, before the market opens. The company will host a live webcast discussion at 10 a.m. Central time on the same day, featuring CEO Drew Marsh and CFO Kimberly Fontan. Investors can access the webcast through Entergy's website or by dialing in. Presentation materials will be available on the company's website prior to the market opening. An archived replay of the webcast will also be accessible on Entergy's Investor Relations website.
Entergy Arkansas is hosting a customer assistance event on July 18, 2024, from 10 a.m. to 1 p.m. at 3701 Springer Boulevard in Little Rock. The event aims to help customers manage their utility bills and save money during hot summer temperatures. Attendees will learn about:
- Energy efficiency programs
- Financial assistance options like LIHEAP and The Power to Care Program
- The new Bill Toolkit
- Kids to College matching savings account program
- Electrical safety demonstrations
- Free legal guidance
Free box fans, energy efficiency kits, and other giveaways will be available. Customers unable to attend can explore the Bill Toolkit online for energy-saving tips and bill management options.
Entergy Texas has committed $125,000 to the American Red Cross to aid in the relief efforts for Hurricane Beryl, which has caused significant damage in Southeast Texas. This donation aims to support essential services such as shelter, food, and medical care for those affected by the Category 1 hurricane. The hurricane's impact has led to widespread devastation and displacement, highlighting the need for urgent assistance. Eliecer Viamontes, president and CEO of Entergy Texas, emphasized the company's dedication to community support during this critical time. For more details on Entergy Texas' recovery efforts, visit their online Storm Center.
Entergy emphasizes its commitment to customer affordability, sustainability, and social responsibility. The company highlights its efforts in leveraging federal funding opportunities to invest in resilient energy infrastructure and support disadvantaged communities. Entergy's initiatives include providing resources for education and career opportunities, particularly for minorities and historically marginalized populations. They propose a $15 billion plan to modernize the electrical grid, aiming to reduce restoration costs and disruption risks from major storms by 55%. Additionally, Entergy is targeting net-zero greenhouse gas emissions by 2050, transitioning to low- and zero-carbon energy sources. These strategic investments are designed to ensure reliable, clean, and affordable energy for their 3 million residential customers.
Entergy has been named the most generous workplace by United Way of Southeast Louisiana (UWSELA) for 2023-2024, marking the 10th consecutive year it has ranked in the top 10. United Way President Michael Williamson praised Entergy's efforts in promoting health, education, and financial stability in Southeast Louisiana.
In 2023, Entergy's shareholders and employees contributed over $1.1 million to UWSELA. Entergy's commitment to community support includes volunteerism, corporate gifts, and fundraisers, significantly impacting local communities, including Jefferson, Orleans, Plaquemines, and other parishes.
Patty Riddlebarger, Entergy's VP of Corporate Social Responsibility, emphasized the company's dedication to local communities through partnerships with United Way. Entergy's initiatives focus on poverty alleviation, education, workforce development, and environmental care, with an overall economic impact of nearly $140 million in 2023.
Entergy Texas has announced a quarterly dividend of $0.3359375 per share on its Series A Preferred Stock.
This dividend will be paid on July 15, 2024, to shareholders who are on record as of July 3, 2024.
Entergy Mississippi has committed $425,654 to assist older adults and customers with disabilities through its The Power to Care program. The announcement was made at a Mississippi Braves game. This initiative, funded by employees, customers, and shareholders, aims to alleviate the financial burden of increased electricity usage during extreme heat. The program, supported by The Salvation Army, ensures that contributions go directly to bill payments and are matched by Entergy shareholders up to $500,000. Additionally, the company offers energy efficiency tips and upgrades through its Entergy Solutions Marketplace. Customers struggling with bills may also qualify for federal assistance via the Low-Income Home Energy Assistance Program (LIHEAP).
In the summer of 2023, Entergy New Orleans launched the Know Your Power pilot program, collaborating with YouthForce NOLA to expose high school students to career paths in the energy sector. This year, the program expanded to include a high school teacher externship component through a partnership with Junior Achievement of Greater New Orleans (JAGNO). Five experienced teachers from Orleans Parish schools participated in a two-day job-shadowing experience, gaining insights into the energy industry. The program aims to align students' strengths with career opportunities at Entergy and prepare a local diverse talent pipeline. Feedback from participating teachers was overwhelmingly positive. The program's success will continue with six high school students joining the summer internship in late June 2024.
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