Analysts on Wall Street project that Xcel Energy (XEL) will announce quarterly earnings of $0.87 per share in its forthcoming report, representing an increase of 4.8% year over year. Revenues are projected to reach $3.72 billion, increasing 8% from the same quarter last year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a company announces its ...

Core Viewpoint - Xcel Energy (XEL) is expected to report its fourth-quarter 2024 results on February 6, with a prior negative earnings surprise of 3.1% in the last quarter [1][2]. Group 1: Factors Impacting Earnings - The quarterly earnings for Xcel Energy are likely to benefit from increased demand from data centers, the adoption of electric vehicles, and customer additions in both electric and natural gas sectors, alongside economic growth in its service region [3]. - A new natural gas rate effective in November 2024 in Colorado is also expected to positively impact earnings [3]. - Efficient operations management has allowed the company to maintain natural gas and electric rates lower than the national average, attracting more customers and creating additional demand [4]. - However, anticipated increases in operation and maintenance expenses may offset some of the positive impacts in the upcoming quarter [4]. Group 2: Earnings Expectations - The Zacks Consensus Estimate for earnings is set at 87 cents per share, reflecting a year-over-year increase of 4.8% [5]. - The revenue estimate stands at $3.72 billion, indicating an 8% year-over-year improvement [5]. Group 3: Earnings Prediction Model - The earnings prediction model suggests a potential earnings beat for Xcel Energy, supported by a positive Earnings ESP of +0.58% [6]. - Currently, Xcel Energy holds a Zacks Rank of 3, indicating a hold position [7].

Investors interested in stocks from the Utility - Electric Power sector have probably already heard of Xcel Energy (XEL) and CenterPoint Energy (CNP) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our ...

Core Viewpoint - Xcel Energy has received a renewal of its operating license for the Monticello Nuclear Generating plant, allowing it to operate for an additional 20 years, which supports the company's clean energy vision and transition to 100% carbon-free electricity [1][3]. Company Developments - The Monticello plant powers over 500,000 households annually, serving as a crucial source of clean and reliable electricity, and is Xcel Energy's only carbon-free energy source available continuously [2]. - The renewal process involved extensive inspections and reviews by the U.S. Nuclear Regulatory Commission (NRC) to ensure compliance with safety and environmental standards [4]. - Xcel Energy plans to seek state regulatory approval to align with the 20-year extension of its federal operating license, having already secured approval to extend operations through 2040 [5]. Emission Reduction Initiatives - Xcel Energy is focusing on transitioning to clean energy, with plans to close coal plants by 2028 and 2030, and has initiated a request for proposals for 1.2 gigawatts of wind development to replace retiring coal capacity [6]. - The Upper Midwest Resource Plan includes 3.6 gigawatts of new wind and solar resources, 600 megawatts of battery storage, and over 2.2 gigawatts of dispatchable resources by 2030, aiming to reduce carbon emissions by 80% to 88% [7]. - The conversion of the Pawnee coal plant to natural gas and the early retirement of the Comanche 3 coal unit by 2030 will mark the end of coal operations in Colorado, supporting the net-zero emission target for 2050 [8]. Industry Trends - The U.S. Energy Information Administration projects that renewable energy sources will account for 23% and 25% of U.S. electricity generation in 2024 and 2025, respectively, with various utilities, including Xcel Energy, taking steps to lower emissions [9]. - Other companies in the industry, such as Dominion Energy and Duke Energy, are also pursuing aggressive emission reduction targets and clean energy initiatives [10][12]. Stock Performance - Xcel Energy's stock has increased by 26.8% over the past six months, significantly outperforming the industry average growth of 5.6% [14].

Industry Overview - The ranching industry is facing significant challenges due to wildfires and the policies of large energy utilities [1][4][6] - Conservative organizations like the Center to Protect Ranchers and Competitive Markets Action are advocating for transparency and accountability in the agricultural sector [2][8] - The Organization for Competitive Markets focuses on promoting fair and competitive markets in agriculture [3][7] Company Analysis - Xcel Energy, a Fortune 500 utility company, is under scrutiny for its ESG policies and wildfire resiliency efforts [4][9] - Xcel triggered the Marshall fire, the largest wildfire in Colorado history, and is responsible for the Smokehouse Creek Wildfire Complex, the largest in Texas history [4][6] - Ranchers and farmers affected by the wildfires have not been compensated for their losses, leading to financial distress and bankruptcy [5][6][10] Impact and Advocacy - The coalition of conservative agriculture organizations is calling for an investigation into Xcel Energy's actions and policies [9] - The coalition emphasizes the need for justice, transparency, and meaningful reforms in the utility and agricultural sectors [11] - The resilience of ranchers and farmers highlights the urgent need for accountability and support to safeguard food security [10][11]

Those who have followed my work over the years know that I have come to appreciate buying regulated utilities at discounted valuations. This is because, although it's not perfect, the regulated utility businessHi, my name is Kody. Aside from my articles here on Seeking Alpha, I am also a regular contributor to TipRanks, Sure Dividend, and The Dividend Kings and iREIT+Hoya Capital. I have been investing since September 2017 and interested in dividend investing since about 2009.Since July 2018, I have ran Kod ...

Xcel Energy (XEL) has partnered with Pano AI to install more than 50 camera stations in nearly a dozen counties for early detection and mitigation of wildfire. First responders and firefighters will have real-time access to this data, shortening the response time.Texas Panhandle region is known for wildfires, which cause extensive damage to structures and agricultural products. Early detection and a quick response reduce the impact and damage caused by wildfires.Xcel Energy is currently identifying strategi ...

MINNEAPOLIS, Dec. 2, 2024 /PRNewswire/ -- Xcel Energy Inc. (NASDAQ: XEL) (Xcel Energy) announced today the commencement of offers to purchase for cash (the Tender Offers) up to $110,000,000 aggregate principal amount (the Aggregate Tender Cap) of the outstanding first mortgage bonds issued by Northern States Power Company, a Minnesota corporation (NSPM), a wholly owned subsidiary of Xcel Energy, listed in the table below (the Bonds).The table below summarizes certain information regarding the Bonds and the ...

Xcel Energy Inc.’s (XEL) strategic investments in infrastructure projects and focus on clean power generation should further boost its performance. The company’s consistent customer base growth acts as a tailwind.However, this Zacks Rank #3 (Hold) company faces risks related to the failure of transmission and distribution lines.Factors That Act as Tailwinds for XELXcel Energy continues to invest substantially in its utility assets to provide reliable services and effectively meet the rising electricity dema ...

Xcel Energy Inc. (XEL) reported third-quarter 2024 operating earnings of $1.25 per share, which lagged the Zacks Consensus Estimate of $1.29 by 3.1%. However, the bottom line increased 1.6% from the year-ago quarter’s $1.23.It reported GAAP earnings of $1.21 per share in the third quarter compared with $1.19 in the year-ago quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Total Revenues of XELThe company’s revenues of $3.65 billion missed the Zacks Consensus Estimate of $3.96 ...