Welcome to our dedicated page for Pinnacl West Cap news (Ticker: PNW), a resource for investors and traders seeking the latest updates and insights on Pinnacl West Cap stock.
Pinnacle West Capital Corporation reports recurring developments for its electric utility holding company business and its principal subsidiary, Arizona Public Service. APS provides retail electricity service to about 1.4 million Arizona homes and businesses, with news commonly centered on earnings, customer growth, weather-driven usage, dividends, reliability, and the capital needs of generation, transmission, and distribution facilities.
Company updates also cover Arizona utility regulation, rate and energy-policy matters, and the resource mix used to serve APS customers. Recurring topics include Palo Verde Generating Station nuclear matters, natural gas, coal, solar, wind and energy storage resources, and regulatory considerations involving agencies such as the ACC, FERC, NRC and EPA.
Pinnacle West (NYSE: PNW) reported 2026 second-quarter net income attributable to common shareholders of $178.6 million, or $1.43 per diluted share, down from $192.6 million, or $1.58, a year earlier. The roughly $14 million decline was mainly driven by higher interest charges, increased depreciation and amortization, and lower transmission service revenues, partially offset by favorable weather, customer growth and usage, lower operations and maintenance costs, and reduced taxes.
Operating revenues rose to $1.46 billion from $1.36 billion. APS posted 2.1% residential and total customer growth, 5.6% weather-normalized sales growth, and a 9.6% increase in total sales, supported by early and intense summer heat. The company reaffirmed its 2026 weather-normalized earnings guidance of $4.55–$4.75 per diluted share and highlighted plans to convert two retired Cholla coal units to natural gas, adding about 380 MW of dispatchable capacity by 2029, subject to regulatory approvals.
Arizona Public Service (NYSE:PNW) is funding a community beautification project with Downtown Phoenix Inc. as part of APS’s 140th anniversary. DPI will install four to six custom shade canopies with integrated lighting along Jefferson and Washington streets, enhancing pedestrian comfort and supporting the city’s heat mitigation and placemaking efforts.
Pinnacle West (NYSE: PNW) will release its 2026 second-quarter financial results before U.S. markets open on Tuesday, Aug. 4, 2026. Management will host a webcast and conference call at noon ET the same day to discuss results and recent developments.
The energy holding company has about $31 billion in consolidated assets, roughly 6,200 megawatts of generating capacity and approximately 1.5 million Arizona retail electricity customers.
Pinnacle West (NYSE: PNW) subsidiary Arizona Public Service plans to convert two units at the Cholla Power Plant in Joseph City to natural gas, with construction in 2028 and operations targeted for 2029.
The repowered plant is expected to add about 380 MW, enough to serve roughly 61,000 homes, support Arizona’s growing electricity demand, leverage existing transmission infrastructure, and provide hundreds of construction jobs plus several dozen permanent roles and local tax revenue.
Pinnacle West (NYSE: PNW) declared a quarterly dividend of $0.91 per share on its common stock. The dividend is payable on Sept. 1, 2026 to shareholders of record as of Aug. 3, 2026.
The energy holding company has about $31 billion in consolidated assets, roughly 6,200 megawatts of generating capacity and approximately 6,600 employees serving about 1.5 million Arizona customers.
Pinnacle West (NYSE: PNW) reported consolidated net income attributable to common shareholders of $32.9 million ($0.27 diluted) for Q1 2026, versus a net loss of $4.6 million ($0.04 loss) in Q1 2025. Results reflected higher transmission revenues, lower O&M, weather-driven usage, and 2.2% customer growth.
The company reiterated 2026 weather-normalized EPS guidance of $4.55–$4.75 and said employees are completing summer reliability preparations, including a scheduled Palo Verde Unit 2 maintenance and refueling outage.
Pinnacle West (NYSE: PNW) declared a quarterly dividend of $0.91 per share, payable on June 1, 2026 to shareholders of record at the close of business on May 4, 2026. The company will release its 2026 first-quarter results before U.S. markets on May 4, 2026 and host a live webcast and conference call at noon ET that day.
Webcast access, replay windows, conference call numbers, and replay passcodes were provided, and company facts note about $30 billion consolidated assets, ~6,200 MW generating capacity, and ~1.4 million Arizona customers.
Pinnacle West (NYSE: PNW) will release 2026 first-quarter financial results before U.S. markets open on May 4, 2026, and will host a live webcast and conference call the same day at noon ET (9 a.m. Arizona time).
Webcast audio, slides, dial-in numbers, participant access code, and replay details are available on the company website; consolidated assets are about $30 billion with ~6,200 MW capacity and ~6,600 employees.
Arizona Public Service (NYSE: PNW) notified the NRC on March 13, 2026 of its intent to seek subsequent license renewal for all three Palo Verde nuclear units, aiming to add 20 years of operation per unit (extending Unit 1 to 2065, Unit 2 to 2066, Unit 3 to 2067).
Palo Verde supplies 4,200 MW of carbon-free electricity to about four million homes and businesses, contributes over $2.6 billion to local economies and pays nearly $56 million annually in property taxes.
Pinnacle West (NYSE:PNW) reported 2025 consolidated net income attributable to common shareholders of $616.5 million, or $5.05 per diluted share, versus $608.8 million, or $5.24 in 2024. Fourth-quarter 2025 net income was $15.4 million (EPS $0.13), reversing a prior-year loss.
APS saw 2.4% customer growth and 5.0% weather-normalized retail sales growth in 2025, with management providing 2026 weather-normalized EPS guidance of $4.55–$4.75.