Welcome to our dedicated page for Portland General news (Ticker: POR), a resource for investors and traders seeking the latest updates and insights on Portland General stock.
Portland General Electric (NYSE: POR) provides essential electric services to Oregon through its integrated generation, transmission, and distribution networks. This page serves as the definitive source for official company announcements, financial disclosures, and operational developments.
Investors and stakeholders will find timely updates on quarterly earnings, regulatory filings, and infrastructure investments like PGE's high-voltage transmission projects. The curated news collection also covers renewable energy initiatives including wind expansions and customer-focused sustainability programs.
All content is sourced directly from PGE's verified communications, ensuring accuracy for those monitoring utility sector performance, grid modernization efforts, or regulatory compliance matters. Bookmark this page for streamlined access to strategic updates affecting one of Oregon's largest energy providers.
Portland General Electric (NYSE:POR) has completed three major battery energy storage systems totaling 475 megawatts (MW) and 1.9 gigawatt hours (GWh) of capacity in the Portland metro area. The facilities - Seaside (200 MW), Sundial (200 MW), and Constable (75 MW) - can power approximately 300,000 homes for four hours during peak demand.
Located at key substations in North Portland, Troutdale, and Hillsboro, these lithium-ion battery systems help balance power supply and demand while reducing reliance on expensive short-term electricity purchases. Together with the previously completed 17 MW Coffee Creek facility, PGE's total battery storage capacity now reaches 492 MW.
Portland General Electric (NYSE: POR) reported Q2 2025 GAAP net income of $62 million ($0.56 per diluted share), compared to $72 million ($0.69 per diluted share) in Q2 2024. Non-GAAP net income was $73 million ($0.66 per diluted share).
Key highlights include 16.5% industrial load growth driven by data center customers, submission of a holding company reorganization application to OPUC, and a $72 million revenue requirement increase request for the Distribution System Plan. The company reaffirmed its 2025 adjusted earnings guidance of $3.13 to $3.33 per diluted share.
PGE declared a quarterly dividend of $0.525 per share, payable October 15, 2025. The company plans to update its 2023 RFP bidding process following the One Big Beautiful Bill passage, with project contracts expected to be finalized in H2 2025.
[ "16.5% industrial load growth from data center customers quarter-over-quarter", "Total revenues increased due to semiconductor manufacturing and technology infrastructure demand", "Quarterly dividend of $0.525 per share maintained", "Strong 2025 guidance of $3.13-$3.33 per diluted share reaffirmed", "Expected cash from operations of $900-$1,000 million" ]Portland General Electric (NYSE: POR) has announced a quarterly dividend of $0.525 per share. The dividend will be paid on or before October 15, 2025, to shareholders of record as of September 25, 2025. The company maintains a long-term target dividend payout ratio of 60% to 70%, with dividends being evaluated based on capital requirements and financial performance.
Portland General Electric (NYSE: POR) has scheduled its second quarter 2025 earnings release and conference call for Friday, July 25. The company will release its Q2 2025 earnings before U.S. markets open, followed by an analyst conference call and webcast at 11 a.m. ET.
The conference call will feature presentations from Maria Pope (President and CEO), Joe Trpik (Senior VP of Finance and CFO), and Nick White (Manager of Investor Relations). A webcast replay will be available at 2 p.m. ET on the same day through the company's investor website.
Portland General Electric (NYSE: POR) reported Q1 2025 GAAP net income of $100 million ($0.91 per diluted share), compared to $109 million ($1.08 per share) in Q1 2024. The company experienced strong growth with 4.6% total load growth and 16.4% industrial load growth, driven by semiconductor manufacturing and technology infrastructure customers.
Key achievements include the completion of three battery storage systems (Constable, Sundial, and Coffee Creek) totaling 292 MW of capacity. With the upcoming 200 MW Seaside battery, PGE will soon operate over 500 MW of total battery storage. The company's 2024 ESG report highlighted that 45% of PGE's energy mix came from non-emitting resources.
PGE reaffirmed its 2025 adjusted earnings guidance of $3.13 to $3.33 per diluted share and announced a quarterly dividend of $0.525 per share, payable July 15, 2025.
Portland General Electric (NYSE: POR) has announced a quarterly dividend increase of 5%. The board of directors declared a quarterly common stock dividend of $0.525 per share, representing a $0.10 per share increase on an annualized basis.
The dividend will be paid on or before July 15, 2025, to shareholders of record as of June 24, 2025. The company maintains a target dividend payout ratio of 60-70% over the long term, with dividend decisions based on capital requirements and financial performance.
Portland General Electric (NYSE: POR) has announced it will release its first quarter 2025 earnings before U.S. financial markets open on April 25, 2025. The company will host an analyst conference call and webcast at 11 a.m. ET on the same day to discuss the results.
The conference call will feature presentations from Maria Pope, President and CEO; Joe Trpik, Senior Vice President of Finance and CFO; and Nick White, Manager of Investor Relations. Investors can access the webcast through POR's investor website, with a replay available from 2 p.m. ET on April 25.
Portland General Electric (PGE) reported significant achievements in its 2024 Environmental, Social and Governance Report. The company reached a record 45% of energy from non-carbon-emitting resources, showing a 7% compounded growth rate since 2020 toward its net-zero 2040 goal.
Key highlights include:
- Integration of new Clearwater Wind Energy Center and battery storage systems
- 24% of residential households participated in voluntary demand-shift programs
- Achieved 100-megawatt demand reduction during a July heatwave
- Ranked #1 by NREL for largest customer participation in renewable energy programs
- Record fish returns at hydro facilities
- $5.5 million in total company charitable giving
- 23,000 employee volunteer hours with 66% participation rate
Portland General Electric (NYSE: POR) reported full-year 2024 GAAP net income of $313 million ($3.01 per diluted share), and non-GAAP adjusted net income of $327 million ($3.14 per diluted share). The company has initiated 2025 adjusted earnings guidance of $3.13 to $3.33 per diluted share, reaffirming 5% to 7% long-term earnings growth.
Key 2024 achievements include: $1,262 million investment in capital projects, completion of 311 MW Clearwater Wind Energy Facility, integration of 292 MW of battery storage, and the 75 MW Constable Battery Energy Storage System. Total revenues increased due to semiconductor manufacturing and technology infrastructure customer demand, though partially offset by lower residential usage.
The company plans $1,270 million in capital expenditures for 2025 and forecasts cash from operations of $900-1,000 million. PGE also approved a quarterly dividend of $0.50 per share, payable April 15, 2025.