Xcel Energy Inc Stock Price, News & Analysis

Xcel Energy (NYSE:XEL) has reached agreements in principle to settle all litigation related to the 2021 Marshall Fire. The company's subsidiary, Public Service Company of Colorado (PSCo), will pay approximately $640 million in settlements, with $350 million funded by insurance coverage and no costs passed to customers.

The settlement resolves claims from subrogation insurers, public entity plaintiffs, and individual plaintiffs, with contributions from telecom defendants Qwest Corporation and Teleport Communications America. While maintaining that its equipment did not cause the fire, Xcel Energy is proceeding with a comprehensive 2025-2027 Wildfire Mitigation Plan, approved by the Colorado Public Utilities Commission, which includes system resilience improvements and enhanced safety measures.

The Marshall Fire originated on December 30, 2021, from the Twelve Tribes property and later had a second ignition, though Xcel Energy disputes involvement in the second incident.

Xcel Energy (NASDAQ: XEL) reported strong Q2 2025 financial results, with diluted GAAP and ongoing earnings per share of $0.75, up significantly from $0.54 in Q2 2024. Net income reached $444 million, compared to $302 million in the same period last year.

The company's performance was driven by increased recovery of infrastructure investments, with total operating revenues rising to $3.287 billion, up from $3.028 billion in Q2 2024. Xcel Energy reaffirmed its 2025 ongoing earnings guidance of $3.75 to $3.85 per share.

Notable developments include progress on nearly 5,200 MW of new generation capacity in Texas and New Mexico, with 4,500 MW planned for company ownership. The company also received regulatory approvals for its Wildfire Mitigation and System Resiliency Plans in Colorado and Texas.

Xcel Energy (NASDAQ: XEL) has announced its Board of Directors has declared a quarterly dividend of $0.57 per share on its common stock. The dividend will be payable on October 20, 2025, to shareholders of record as of September 15, 2025.

Xcel Energy operates as a major utility company serving 3.9 million electricity customers and 2.2 million natural gas customers across 8 Western and Midwestern states.

Xcel Energy (NYSE:XEL) has unveiled a comprehensive power generation portfolio to address the growing energy demands in Texas and New Mexico. The plan includes 17 new power projects that will add 5,168 megawatts of nameplate capacity by 2030, alongside extensions of 521 megawatts of existing generation.

The portfolio comprises 3,200 megawatts of dispatchable generation and energy storage, plus 1,968 megawatts of wind and solar facilities. The expansion addresses projected 40% growth in electricity demand by 2030, driven by population growth, industrial expansion, and increased electrification. The projects, developed through various ownership structures, are expected to generate up to $5 billion in economic impact in New Mexico over five years.

Xcel Energy (NASDAQ: XEL) has scheduled its second quarter 2025 earnings conference call for Thursday, July 31, 2025, at 9:00 a.m. Central Time. The company will release its earnings report before the market opens on the same day.

Participants can join via phone using US Dial-In: 1-866-580-3963 or International Dial-In: 400-120-0558 with conference password: 5768023. The call will also be webcast and archived on Xcel Energy's investor relations website. A replay will be available through August 5 via US Dial-In: 1-866-583-1035 with password: 5768023#.

Xcel Energy (XEL) has appointed Ryan Long as Executive Vice President and Chief Legal and Compliance Officer, effective immediately. Long, who currently serves as president of Xcel Energy for Minnesota, North Dakota, and South Dakota regions, replaces Rob Berntsen. Long will oversee the company's legal, compliance, and federal affairs teams while continuing to manage his current jurisdictional responsibilities until a successor is found. His experience includes serving as interim general counsel in late 2023 and early 2024, and previous roles as principal attorney and vice president, deputy general counsel at Xcel Energy since 2015. Prior to joining Xcel, Long worked at prominent law firms including Faegre Baker Daniels and Cravath, Swaine & Moore.

Xcel Energy has released its 20th annual Sustainability Report, highlighting significant progress in its clean energy transition. The company has reduced carbon emissions by 57% since 2005 while maintaining 99.98% electric service reliability and keeping residential bills 28% below the national average. XEL has quadrupled its wind capacity since 2005, now capable of powering 2.5 million homes, with wind projects saving customers approximately $5 billion through avoided fuel costs and tax credits from 2017 to 2024. The company provided $187 million in customer rebates, connected over 193,000 customers to $175 million in energy assistance, and supported 23,000 new solar installations. In 2024, Xcel Energy invested $5.2 billion in small businesses, helped create 3,200 new jobs, initiated 24 economic development projects, and contributed $14.5 million in community donations.

Xcel Energy (NASDAQ: XEL) has announced its Board of Directors has declared a quarterly dividend of $0.57 per share on its common stock. The dividend will be paid on July 20, 2025, to shareholders of record as of June 13, 2025.

Xcel Energy is a major U.S. utility company operating in 8 Western and Midwestern states, serving 3.9 million electricity customers and 2.2 million natural gas customers through its regulated operating companies. The company is headquartered in Minneapolis.

Xcel Energy (NASDAQ: XEL) reported first quarter 2025 GAAP earnings of $483 million, or $0.84 per share, compared to $488 million, or $0.88 per share in Q1 2024. The company reaffirmed its 2025 ongoing EPS guidance of $3.75 to $3.85.

Total operating revenues increased to $3,906 million from $3,649 million, with electric revenues rising to $2,835 million and natural gas revenues to $1,055 million. The earnings decline was primarily due to higher O&M expenses, depreciation, and interest charges, partially offset by increased infrastructure investment recovery.

A significant milestone was reached in February when Minnesota regulators approved a resource plan including nearly 5,000 megawatts of new wind, solar, battery storage, and gas by 2030. The company continues to focus on wildfire risk mitigation through operating investments and regulatory support.