Welcome to our dedicated page for Xcel Energy news (Ticker: XEL), a resource for investors and traders seeking the latest updates and insights on Xcel Energy stock.
Xcel Energy Inc. reports developments for a regulated electric and natural gas utility serving customers across eight Western and Midwestern states. News commonly covers GAAP and ongoing earnings, dividend declarations, recovery of infrastructure investments, electric sales trends, operating expenses and financing-related updates.
The company’s recurring updates also address clean-energy and grid projects, large-load customer service, generation and transmission planning, and technology and security modernization. Xcel Energy operates through regulated utility companies that include Northern States Power, Public Service Company of Colorado and Southwestern Public Service Company, with business activity tied to electricity delivery, natural gas service, renewable energy resources and state utility regulation.
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 (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.
Xcel Energy (NASDAQ: XEL) has scheduled its first quarter 2025 earnings conference call for Thursday, April 24, 2025. The company will release its financial results before the market opens on the same day. The conference call will begin at 9:00 a.m. Central Time.
Participants are advised to dial in at least 10 minutes before the scheduled start. The call will be accessible via US Dial-In (1-866-580-3963) and International Dial-In (400-120-0558) using conference password 2629857. A simultaneous webcast will be available on www.xcelenergy.com under the Investors section.
For those unable to attend the live event, a replay will be available through April 29 via US Dial-In: 1-866-583-1035 using the same password.