PPL Stock Price, News & Analysis

PPL Corporation's (NYSE:PPL) subsidiaries Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU) have reached a significant stipulation agreement with key stakeholders regarding their generation expansion plans. The agreement supports the construction of two 645-megawatt natural gas combined-cycle units, with Brown 12 expected online in 2030 and Mill Creek 6 in 2031.

The agreement includes the installation of a selective catalytic reduction facility for Ghent Unit 2 by 2028 to reduce NOx emissions, and extends Mill Creek Unit 2's operation beyond its planned 2027 retirement until 2031. The utilities have withdrawn their request for battery storage at Cane Run but maintain the right to file a separate request later.

This expansion plan aims to address Kentucky's unprecedented economic growth and data center development needs, serving over 1.3 million customers across Kentucky and Virginia.

PPL Corporation (NYSE: PPL) and Blackstone Infrastructure have announced a strategic joint venture to construct and operate new gas-fired, combined-cycle generation stations in Pennsylvania. The venture, owned 51% by PPL and 49% by Blackstone, will focus on powering data centers through long-term energy services agreements (ESAs).

The initiative addresses PJM Interconnection's forecasted capacity shortages starting 2026-27. Within PPL Electric Utilities' service territory, data center interest has reached over 60 GW of potential projects, with 13 GW in advanced planning. PPL estimates a 6 GW generation shortfall in the next 5-6 years, representing approximately $15 billion in investment needs.

PPL Corporation (NYSE: PPL) has announced it will release its second-quarter 2025 earnings results on Thursday, July 31. The company will host a conference call with financial analysts at 11 a.m. Eastern Time, featuring CEO Vincent Sorgi and other executives who will discuss quarterly results and business outlook.

The presentation will include both audio and slides, accessible via webcast at www.pplweb.com/investors. Participants can join by phone using the numbers 1-844-512-2926 (domestic) or 1-412-317-6300 (international) with Elite Entry number 9662929. A replay will remain available online for 90 days after the call.

PPL Corporation (NYSE: PPL) has announced a quarterly dividend payment of $0.2725 per share. The dividend will be paid on July 1, 2025, to shareholders who are on record as of June 10, 2025. This dividend declaration represents PPL's commitment to providing regular returns to its shareholders.

LG&E and KU, subsidiaries of PPL Corporation (NYSE: PPL), announced significant system upgrades to combat increasing severe weather challenges in Kentucky. The utilities have already achieved a 40% reduction in power outage frequency and 30% in duration. They plan to file requests with Kentucky regulators for revenue adjustments: KU seeking 11.5% increase, LG&E requesting 8.3% for electric and 14% for natural gas. The improvements include replacing aging infrastructure, with 55% of wooden transmission poles being over 60 years old. Since 2017, customers experienced 150,000 fewer annual outages. If approved, starting January 2026, monthly bills would increase by $18.14 for KU customers, $11.04 for LG&E electric customers, and $11.12 for LG&E gas customers. Despite increases, rates will remain below national averages.

PPL Corporation reported strong Q1 2025 financial results, with reported earnings of $0.56 per share, up from $0.42 in Q1 2024. The company's ongoing earnings reached $0.60 per share, compared to $0.54 last year.

Key highlights:

• Total reported earnings: $414 million (Q1 2025) vs $307 million (Q1 2024)
• Kentucky Regulated segment: $0.30 per share, up from $0.25
• Pennsylvania Regulated segment: $0.25 per share, up from $0.21
• Rhode Island Regulated segment: $0.10 per share, up from $0.09

PPL reaffirmed its 2025 earnings forecast range of $1.75 to $1.87 per share, with a $1.81 midpoint. The company maintains its 6% to 8% annual EPS and dividend growth targets through 2028, expecting to achieve growth in the top half of the targeted range.

PPL (NYSE: PPL) has announced it will release its first-quarter 2025 earnings results on Wednesday, April 30, 2025. The company will host a conference call with financial analysts at 11 a.m. Eastern Time, featuring CEO Vincent Sorgi and other executive team members who will discuss quarterly results and general business outlook.

The presentation will include both audio and slides, accessible via webcast at www.pplweb.com/investors under Events and Presentations. Participants can join through telephone by calling 1-844-512-2926 (US) or 1-412-317-6300 (International) with Elite Entry number 9677002. A replay with slides will remain available on the company's investor website for 90 days following the call.

PPL Electric Utilities has been awarded the 2025 SEPA Power Player Resilience Award for implementing innovative predictive failure technology to enhance grid safety and reliability. The utility has successfully integrated the Early Fault Detection (EFD) system, which uses radio frequency sensors to proactively identify failing electrical components before they cause outages.

The technology continuously monitors power lines for abnormal signals caused by deteriorating equipment and vegetation interference. Since deployment, PPL Electric has detected hundreds of hidden infrastructure issues, preventing potential outages for hundreds of thousands of customers. By 2028, the company plans to install over 9,000 RF sensors across more than 8,000 miles of distribution lines in eastern and central Pennsylvania.

PPL Electric serves nearly 1.5 million customers and consistently ranks among the top utilities for reliability and customer satisfaction. This implementation aligns with their commitment to safety, reliability, and operational efficiency while reducing costly unplanned maintenance work.

PPL 's subsidiaries LG&E and KU have requested approval for additional generation capacity and battery storage to meet Kentucky's unprecedented economic growth and data center demands. The plan includes:

• Two new 645-megawatt natural gas combined-cycle units
• 400 megawatts of battery storage at Cane Run Generating Station
• Environmental control upgrades at Ghent Unit 2

The utilities are discussing potential projects requiring up to 8,000 megawatts, more than double their current energy demand. The first unit (Brown 12) is expected by 2030, followed by Mill Creek 6 in 2031. The battery storage and emission reduction facilities are planned for 2028. Economic load growth is projected to increase by 2,000 megawatts between now and 2032. The Kentucky Public Service Commission is expected to rule on the request by November.