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 Company reports developments as an integrated electric utility that generates, transmits and distributes electricity in Oregon. Company updates commonly cover operating and financial results, electricity demand, reliability and grid investments, energy supply resources, emissions-reduction initiatives and proceedings before utility regulators.
POR news also includes capital-structure actions such as common-stock offerings, material agreements, shareholder matters and board governance. Because the company operates a regulated utility, recurring disclosures tie business performance to customer demand, power supply costs, capital expenditures and cost-recovery mechanisms.
Minnkota Power Cooperative has joined the North Plains Connector utility consortium as its eighth member, signing a non-binding MOU to secure 150 MW of capacity on the planned 3,000 MW HVDC transmission line, subject to definitive agreements.
The multi-billion-dollar project, jointly developed by Grid United and ALLETE, will connect MISO, the Western Interconnection, and SPP, with construction expected in 2028 and operations in 2032, and is projected to create over 800 construction jobs in Montana and North Dakota.
Portland General Electric (NYSE: POR) reported GAAP net income $45M ($0.38/share) and non-GAAP net income $68M ($0.58/share) for Q1 2026. The company reaffirmed 2026 adjusted EPS guidance of $3.33–$3.53, approved a quarterly dividend of $0.55125, and expects the PacifiCorp Washington acquisition to close in 2027.
Industrial demand rose 10% QoQ; total energy demand was flat versus 2025. 2026 capex is forecast at $1,655M with O&M guidance of $810M–$830M.
Portland General Electric (NYSE: POR) declared a quarterly common stock dividend of $0.55125 per share, reflecting a 5% increase on an annualized basis (equivalent to $0.105 per share annualized increase). The dividend is payable on or before July 15, 2026 to shareholders of record at the close of business on June 25, 2026. The company said dividend decisions are based on capital requirements and financial performance and that PGE targets a long-term dividend payout ratio of 60–70%.
Portland General Electric (NYSE: POR) will release its first quarter 2026 earnings summary before U.S. markets open on May 1, 2026. The company will host a live analyst conference call and webcast at 11:00 a.m. ET the same day, featuring Maria Pope, Joe Trpik and Nick White.
Investors can access the live webcast on the company investor website under Events & Presentations; a replay will be available beginning at 2:00 p.m. ET on May 1, 2026.
Portland General Electric (NYSE:POR) announced that Robert Hoglund has been nominated by the board to stand for election as an independent director at PGE's 2026 annual meeting.
If elected, his term will begin May 1, 2026, and he will serve on the Audit and Risk Committee and the Compensation, Culture and Talent Committee.
Portland General Electric (NYSE: POR) priced an underwritten public offering of 9,467,455 shares at a public offering price of $50.70 per share, expected to close on February 19, 2026. The offering involves forward sale agreements and a 30-day option for 1,380,670 additional shares. The company expects physical settlement no later than 24 months and intends to use net proceeds for general corporate purposes and investment in renewable and non-emitting dispatchable capacity.
Portland General Electric (NYSE: POR) announced an underwritten public offering of $480,000,000 of common stock tied to forward sale agreements, with a 30-day underwriter option for up to $70,000,000 additional shares (aggregate potential proceeds $550,000,000).
Forward purchasers may borrow and sell the shares to underwriters; PGE expects physical settlement no later than 24 months. The company will not initially receive proceeds and intends to use net proceeds upon settlement for general corporate purposes and investment in renewable and non-emitting dispatchable capacity.
PacifiCorp announced an agreement to sell its Washington generation and distribution assets to Portland General Electric (NYSE: POR) for $1.9 billion, subject to customary purchase price adjustments. The assets include Chehalis thermal, Marengo and Goodnoe Hills wind facilities, plus distribution serving Yakima and Walla Walla.
The transaction aims to simplify operations, strengthen PacifiCorp's financial stability and is expected to take up to a year to finalize, with both companies planning a seamless transition for Washington employees.
Portland General Electric (NYSE: POR) agreed to acquire select Washington utility operations and assets from PacifiCorp for $1.9 billion, expanding service to ~140,000 Washington customers and expecting first-year accretion. PGE reported 2025 GAAP EPS $2.77 and initiated 2026 adjusted EPS guidance $3.33–$3.53.
PGE also announced agreements for 615 MW of solar + battery projects (425 MW company-owned), reaffirmed 5%–7% long-term EPS growth, and declared a quarterly dividend of $0.525 payable April 15, 2026.
Portland General Electric (NYSE: POR) revised its earnings release schedule and will host the fourth quarter and full-year 2025 results call on Tuesday, February 17, 2026 at 8:00 a.m. ET, replacing the prior Feb. 20 date.
The company will issue its earnings summary before U.S. markets open on February 17. The call will be led by Maria Pope, Joe Trpik, and Nick White and available via webcast on the investor website, with a replay posted beginning at 2:00 p.m. ET on February 17.