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Tennessee Valley Authority Power Bonds 1999 Series A due May 1, 2029 - $TVE STOCK NEWS

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TVA reported $5.9 billion in total operating revenues for the second quarter of fiscal year 2024, with a 3% increase in electricity sales compared to the same period last year. The company successfully met record power demand and is focusing on clean energy transition. Despite a 1% decrease in total operating revenues due to lower fuel costs, TVA's net income rose to $434 million, primarily driven by lower operating expenses.

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The Tennessee Valley Authority (TVA) will discuss its second-quarter fiscal year 2024 financial results in a conference call led by Jeff Lyash, the President & CEO, and John Thomas, the Executive Vice President, Chief Financial, and Strategy Officer. The call will take place on April 30, 2024, at 9:30 a.m. ET as a webcast and teleconference, with pre-registration encouraged. Participants can access the call and webcast through provided links. A replay will be available, with details for access provided. TVA's investor relations website will also host the webcast replay and transcript for a year.
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Tennessee Valley Authority Power Bonds 1999 Series A due May 1, 2029

NYSE:TVE

TVE Rankings

TVE Stock Data

11.32M
8.33M
Hydroelectric Power Generation
Utilities
Link
United States of America
KNOXVILLE

About TVE

for more than eight decades, the tennessee valley authority has provided affordable electricity, environmental stewardship and economic development opportunities to the tennessee valley. tva was established by congress in 1933 to address a wide range of environmental, economic and technological issues, including the need for low-cost electricity, and navigation and flood control along the tennessee river system. tva is fully self-financing, funding virtually all operations through electricity sales and power system bond financing. tva makes no profit and receives no tax money. tva’s power service territory includes most off tennessee and parts of alabama, georgia, kentucky, mississippi, north carolina and virginia, covering 80,000 square miles and providing electricity to more than 9 million people at prices below the national average, tva sales electricity to 155 local power companies and 57 directly served industries and federal facilities. mission: tva was built for the people – to