Entergy Texas, Inc. disclosed that one of its senior executives, the Senior Vice President, General Counsel and Secretary, filed an initial ownership report as required for insiders. As of 12/01/2025, the report states that this officer has no securities beneficially owned in Entergy Texas, Inc., including both common stock and derivative securities such as options or convertible instruments. This filing is a compliance step under insider reporting rules and does not describe any transactions or changes in ownership.
Entergy Corporation and its utility affiliates announced a planned leadership transition. Executive Vice President and General Counsel Marcus V. Brown intends to retire in the spring of 2026. Effective December 1, 2025, he will transition from General Counsel to Executive Legal Advisor to the CEO.
The update covers Entergy Corporation and operating companies Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas. The filing also lists existing securities registered on the NYSE, including Entergy Corporation common stock and certain subsidiary mortgage bonds and preferred stock.
Entergy Corporation’s third-quarter 2025 results improved on rising power demand and regulatory-driven revenue growth. Net income attributable to Entergy Corporation rose to $693.8 million from $644.9 million a year earlier, as Utility operating revenues increased to $3.8 billion from $3.4 billion. Retail electricity sales grew 4% in the quarter, led by a 7% increase in industrial usage from large metals, chemicals, and technology customers, while residential sales also edged higher on customer growth.
Profitability benefited from higher formula rate plan revenues, a $15 million liquidated-damages payment from a terminated power contract, and a $13 million gain on the July 1, 2025 sale of the Louisiana and New Orleans natural gas distribution businesses, partly offset by higher vegetation management, generation, and bad debt costs and a $13 million gas-asset write-off. For the first nine months of 2025, net income rose sharply to $1.52 billion, helped by the absence of large 2024 regulatory and pension charges.
Entergy plans about $41 billion of Utility capital investments from 2026–2029, including new gas and solar projects to serve hyperscale data centers such as Google and Meta-related facilities. To support this, debt to capital stood at 64.3% and the company expects to issue roughly $4.4 billion of equity through 2029, with $1.9 billion already contracted via forward sale agreements.
Entergy Corporation filed a Form 8-K announcing it has furnished a press release detailing its third-quarter 2025 results of operations and financial condition. The press release is attached as Exhibit 99.1 and is furnished, not filed, under Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD Disclosure).
The report includes Entergy Corporation and subsidiaries Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy Resources. Investors should refer to Exhibit 99.1 for the full quarterly results and related details.