Xcel Energy(XEL) - 2024 Q1 - Quarterly Results

Exhibit 99.01 414 Nicollet Mall 4/25/2024 Minneapolis, MN 55401 XCEL ENERGY FIRST QUARTER 2024 EARNINGS REPORT MINNEAPOLIS — Xcel Energy Inc. (NASDAQ: XEL) today reported 2024 first quarter GAAP and ongoing earnings of $488 million, or $0.88 per share, compared with $418 million, or $0.76 per share in the same period in 2023. First quarter ongoing earnings results reflect increased recovery of infrastructure investments and lower O&M expenses, partially offset by increased interest charges and depreciation. ...