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Xcel Energy, Inc. operates as a holding company, which engages in the generation, purchase, transmission, distribution and sale of electricity. It operates through the following three segments: Regulated Electric Utility, Regulated Natural Gas Utility and All Others. Read More The Regulated Electric Utility segment generates, transmits and distributes electricity primarily in portions of generates, transmits and distributes electricity in Minnesota, Wisconsin, Michigan, North Dakota, South Dakota, Colorado, Texas and New Mexico. In addition, this segment includes sales for resale and provides wholesale transmission service to various entities in the United States. It also includes commodity trading operations. The Regulated Natural Gas Utility segment transports, stores, and distributes natural gas primarily in portions of Minnesota, Wisconsin, North Dakota, Michigan and Colorado. The All Others segment engages in steam, appliance repair services, nonutility real estate activities, processing solid waste into refuse-derived fuel and investments in rental housing projects that qualify for low-income housing tax credits. The company was founded in 1909 and is headquartered in Minneapolis, MN.
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Yahoo FinanceMay 25
Why Is Xcel Up 5.4% Since Last Earnings Report?
A month has gone by since the last earnings report for Xcel Energy (XEL). Shares have added about 5.4% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Xcel due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Xcel Energy's Earnings Meet Estimates in Q1, Up Y/Y Xcel...
Yahoo FinanceMay 21
Xcel Energy to Replace Coal Plants With Renewables
Xcel Energy XEL announced that it will submit a proposal that includes a plan to shut down two coal plants inthe Upper Midwest region to the Minnesota Public Utilities Commission in July.
Two Coal Plants Closing a Decade Early in the U.S. Midwest
(Bloomberg) -- Xcel Energy Inc. plans to shutter its last two coal-fired power plants in the Upper Midwest a decade ahead of schedule as part of a pledge to phase out carbon-dioxide emissions. The Minneapolis-based company expects to close the Allen S. King power plant in 2028 and its Sherco 3 facility in 2030, according to a statement Monday. Both plants are in Minnesota. The shift comes as Xcel moves to cut carbon-emissions 80% by 2030 and 100% by 2050. In December, the company became the first big U.S....
Expected Jul 25, Pre-Market