Entergy(ETR)
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Entergy to report full-year 2024 financial results on Feb. 18
Prnewswire· 2025-02-12 17:24
NEW ORLEANS, Feb. 12, 2025 /PRNewswire/ -- Entergy will report its fourth-quarter and full-year 2024 financial results before the market opens Tuesday, Feb. 18.Drew Marsh, chair and chief executive officer, Kimberly Fontan, executive vice president and chief financial officer, and company leaders invite you to listen to a live webcast discussion of Entergy's financial results at 9 a.m. Central time that day. The webcast may be accessed by visiting Entergy's website at investors.entergy.com or by dialing 888 ...
Entergy Texas partners with Kinder Morgan, Golden Pass LNG to fuel Southeast Texas growth
Prnewswire· 2025-02-12 00:47
Fuel supply agreement strengthens reliability, lowers costs, and powers growthTHE WOODLANDS, Texas, Feb. 11, 2025 /PRNewswire/ -- Entergy Texas reached a landmark transportation agreement with Kinder Morgan to secure natural gas supply, supporting the rapid industrial, commercial and residential growth in the region. The arrangement, which was developed in collaboration with Golden Pass LNG, is part of Kinder Morgan's $1.7 billion Trident Intrastate Pipeline project. The 216-mile project will transport Perm ...
Entergy (ETR) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2025-02-11 16:06
Entergy (ETR) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on February 18, 2025, might help the stock move higher if these key numbers are better than ex ...
Entergy named one of the World's Most Admired Companies by Fortune magazine
Prnewswire· 2025-02-03 13:30
Company recognized by industry peers for its commitment to innovation and social responsibility, its long-term investment value and global competitivenessNEW ORLEANS, Feb. 3, 2025 /PRNewswire/ -- Fortune magazine has recognized Entergy among the top utilities on its World's Most Admired Companies list for 2025. Entergy was recognized by industry peers for its commitment to innovation and social responsibility, its long-term investment value and global competitiveness. This is the first time Entergy has been ...
Entergy quarterly dividend payment to shareholders
Prnewswire· 2025-01-31 17:52
Group 1 - Entergy's board of directors declared a quarterly dividend payment of $0.60 per share on common stock, payable on March 3, 2025, to shareholders of record as of February 10, 2025 [1] - Entergy has consistently paid cash dividends on its common stock since 1988 [1] Group 2 - Entergy is a Fortune 500 company serving 3 million customers across Arkansas, Louisiana, Mississippi, and Texas [2] - The company focuses on investing in the reliability, resilience, and growth of the energy system while transitioning to cleaner energy solutions [2] - Entergy has provided over $100 million in economic benefits annually to local communities since 2018 through philanthropy, volunteerism, and advocacy [2] - The company is headquartered in New Orleans, Louisiana, and employs approximately 12,000 people [2]
Are Utilities The New Tech? Why Entergy, NiSource, Vistra Are JPMorgan's Top Picks For 2025
Benzinga· 2025-01-16 19:58
Who knew stodgy utilities would turn into tech's unsung heroes? JPMorgan analysts Jeremy Tonet and Richard W. Sunderland chose Entergy Corp ETR, NiSource Inc NI, and Vistra Corp VST as top stock picks, betting on a power-hungry AI revolution and surging data center demand to fuel their growth.Entergy: Oops, It Did It Again?Entergy is making waves with yet another massive data center deal in Louisiana. A local filing hints at a $12 billion Hut 8 project, which, if confirmed, would be the utility's third majo ...
3 Utility Stocks to Stabilize Your Portfolio Before Year-End
ZACKS· 2024-12-23 13:56
Domestic-focused, capital-intensive companies in the Zacks Utilities sector are consistent performers and regularly reward their investors with dividends. The consistent dividend payment ability makes the utilities a bond substitute for the investors.Utility operation is capital intensive, as consistent investment is required to upgrade, maintain and replace old pipelines and maintain and expand infrastructure to provide reliable services to an expanding customer base. The utilities raise their revenues fro ...
Entergy (ETR) Moves to Buy: Rationale Behind the Upgrade
ZACKS· 2024-12-20 18:01
Core Viewpoint - Entergy has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook for the stock due to rising earnings estimates [2][3][10] Earnings Estimates and Stock Performance - The upgrade reflects an upward trend in earnings estimates, which is a significant factor influencing stock prices [3][6] - Entergy is expected to earn $4.13 per share for the fiscal year ending December 2024, representing a year-over-year increase of 21.8% [8] - Over the past three months, the Zacks Consensus Estimate for Entergy has increased by 23.3% [13] Zacks Rating System - The Zacks Rank system classifies stocks based on earnings estimates, with only the top 5% receiving a 'Strong Buy' rating and the next 15% a 'Buy' rating [9] - The Zacks rating system has a strong track record, with Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [7] Institutional Investor Influence - Changes in earnings estimates are strongly correlated with stock price movements, particularly due to institutional investors who adjust their valuations based on these estimates [11]
These 3 Stocks Look to Power AI Data Centers With Natural Gas
MarketBeat· 2024-12-17 13:15
Group 1: Nuclear Energy Market Trends - Nuclear energy stocks are gaining popularity in 2024 as investors seek to capitalize on companies supporting the AI revolution, but the market is becoming saturated with demand from hyperscaler companies [1] - Hyperscaler companies are consuming the excess nuclear energy capacity available from U.S. firms, prompting companies like Constellation Energy to recommission previously mothballed sites [1] Group 2: Small Modular Reactors (SMRs) - New full-size nuclear plants require significant investment, costing tens of billions of dollars and taking over a decade to complete, leading to the emergence of small modular reactors (SMRs) as a faster and cheaper alternative [2] - Currently, there are no operational SMRs in the United States, raising questions about their economic viability [2] Group 3: Low-Carbon Energy Solutions - Energy companies are developing low-carbon solutions by combining natural gas with carbon sequestration technology to meet the carbon reduction goals of hyperscalers [3] - Exxon Mobil plans to utilize low-carbon intensity natural gas and its carbon sequestration technology to capture over 90% of CO2 emissions from data centers [6][7] Group 4: Key Players in the Market - Exxon Mobil has the largest carbon capture and storage network globally, with contracts for 6.7 million tons of carbon sequestration annually, positioning it well for low-carbon energy solutions [8] - GE Vernova, while not a utility, is focusing on natural gas turbine sales for data centers and plans to invest in carbon capture technology in the future [9][10] - Entergy has signed a $10 billion deal with Meta Platforms to build a large data center powered by natural gas, with plans to incorporate hydrogen and carbon capture technology over time [12][13]
Leo P. Denault, Former Chairman and Chief Executive Officer of Entergy Corporation, to Join PG&E Boards of Directors
Prnewswire· 2024-12-16 21:21
Core Viewpoint - PG&E Corporation has appointed Leo P. Denault to its Board of Directors, effective February 19, 2025, bringing extensive utility sector experience to enhance operational and financial performance [1][2]. Group 1: Leadership and Experience - Leo P. Denault served as Chairman and CEO of Entergy Corporation from 2013 to 2022, where he transformed the company into a leading utility with one of the cleanest energy portfolios in the nation [1][2]. - Denault's leadership at Entergy focused on investing in the reliability and resilience of the energy system while maintaining financial stability [2]. - Prior to his role at Entergy, Denault held various positions including Executive Vice President and CFO, and he began his career at Public Service Company of Indiana, later becoming part of Cinergy Corporation and Duke Energy Corporation [3]. Group 2: Contributions and Goals - Denault expressed his commitment to support PG&E's CEO Patti Poppe and her team in providing energy to over 16 million Californians [4]. - His current roles include serving on the board of Huntington Ingalls Industries and as a Senior Advisor to ArcLight, focusing on investments in power and utility infrastructure [5]. Group 3: Educational Background - Denault holds an MBA from Indiana University and a bachelor's degree in economics and accounting from Ball State University [6]. Group 4: Company Overview - PG&E Corporation is a holding company based in Oakland, California, serving 16 million customers across a 70,000-square-mile area in Northern and Central California [7].