Veteran executive concludes chapter on decades-long career with the company NEW ORLEANS, Sept. 26, 2024 /PRNewswire/ -- Entergy announced today that Rod West, group president of utility operations, will retire following more than 25 years of exemplary leadership and service to the company, effective Jan. 31, 2025. Beginning Nov. 1, West will serve as a strategic advisor to Entergy's Chair and CEO, Drew Marsh, and the company's executive team, to ensure a well-planned transition that continues to prioritize ...

Entergy Corporation's (ETR) continuous capital investments to upgrade distribution and transmission are likely to strengthen its infrastructure, which would help enhance its performance. Given its growth opportunities, ETR makes for a solid investment option in the Utility sector. Currently, the company carries a Zacks Rank #2 (Buy). Let's look at the factors that are driving the stock. ETR's Growth Projections The Zacks Consensus Estimate for ETR's 2024 earnings per share (EPS) indicates year-over-year gro ...

Crescent will lead the development of the carbon capture and sequestration ("CCS") project for Entergy Corporation's (NYSE: ETR) 994 MW Lake Charles Power Station in Westlake, Louisiana The completed project would be one of the country's largest CCS projects, capturing annual commercial carbon dioxide ("CO2") emissions equivalent to 600,000 motor vehicles The project, which is being done in partnership with SAMSUNG E&A and will use Honeywell capture technology, seeks to construct a carbon capture facility a ...

Through energy bill assistance and essential resources, Entergy has helped customers in need stay safe during the severe summer heat NEW ORLEANS, Sept. 19, 2024 /PRNewswire/ -- With soaring high temperatures this summer, Entergy donated $3 million to help its low-income customers become more energy efficient and save money on their energy bills. Through Entergy's "Beat the Heat" program, customers received bill payment assistance, fans, energy efficiency kits, home weatherization and invaluable support from ...

Lower interest rates stimulate the economy primarily by lowering lending rates. The stock market and interest rates have an inverse relationship whereby rising interest rates lead to falling share prices. That phenomenon was on display throughout 2022 and 2023. The opposite phenomenon also holds true whereby lower interest rates increase share prices. It looks like we are headed towards such an environment with the Federal Reserve strongly hinting that the first rate cuts in 4 years are coming in September. ...

Entergy Corporation (ETR) reported second-quarter 2024 adjusted earnings of $1.92 per share, which beat the Zacks Consensus Estimate of $1.77 per share by 8.5%. The company reported GAAP earnings per share of 23 cents, down significantly from the year-ago quarter's level of $1.84 per share. The year-over-year deterioration can be attributed to higher operating expenses as well as interest expenses incurred in the second quarter of 2024 compared to the year-ago quarter. Q2 Revenues Entergy reported revenues ...

Entergy (ETR) came out with quarterly earnings of $1.92 per share, beating the Zacks Consensus Estimate of $1.77 per share. This compares to earnings of $1.84 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 8.47%. A quarter ago, it was expected that this power company would post earnings of $1.44 per share when it actually produced earnings of $1.08, delivering a surprise of -25%. Over the last four quarters, the company has s ...

Important settlements reached; guidance and outlooks affirmed NEW ORLEANS, Aug. 1, 2024 /PRNewswire/ -- Entergy Corporation (NYSE: ETR) reported second quarter 2024 earnings per share of 23 cents on an as-reported basis and $1.92 on an adjusted (non-GAAP) basis. "We successfully executed on key operational, customer, and regulatory fronts," said Drew Marsh, Entergy Chair and Chief Executive Officer. "Having achieved several important milestones, we have paved the way to capture the robust growth in front of ...

Core Insights - Shenandoah Telecommunications Company (Shentel) appointed Michael A. Rhymes to its board of directors and Audit Committee on July 30, 2024 [1] Group 1: Appointment Details - Michael A. Rhymes is the Chief Information Officer at Entergy, responsible for all information technology systems [2] - Rhymes has a strong background in IT strategy and organizational development, having previously held leadership roles at Gates Corporation, Eaton, Cooper Industries, Ernst & Young, and Accenture [2] Group 2: Executive Comments - Christopher E. French, Chairman and CEO of Shentel, expressed delight in Rhymes' appointment, highlighting his extensive experience in strategic planning and understanding of technology and cybersecurity issues [4] Group 3: Company Overview - Shenandoah Telecommunications Company provides broadband services through a high-speed fiber optic and cable network across seven states in the eastern United States [5] - The company offers a range of services including broadband internet, video, voice, high-speed Ethernet, dark fiber leasing, and managed network services, with approximately 15,600 route miles of fiber [5]

Entergy has paid shareholders a cash dividend on its common stock continuously since 1988. NEW ORLEANS, July 26, 2024 /PRNewswire/ -- Entergy's board of directors today declared a quarterly dividend payment of $1.13 per share on the company's common stock. The dividend is payable Sept. 3, 2024, to shareholders of record as of Aug. 13, 2024. SOURCE Entergy Corporation About Entergy Entergy (NYSE: ETR) is a Fortune 500 company that powers life for 3 million customers through our operating companies in Arkansa ...