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Xcel Energy: Core Holdings Remain Attractive Despite Potential Wildfire Liabilities
XELXcel Energy(XEL) Seeking Alpha·2024-08-23 07:32

milehightraveler/iStock via Getty Images Xcel Energy (NASDAQ:XEL) is a utility holding company based in Minneapolis, Minnesota, with a market cap of $33.4 billion. It is the 9th largest public utility in the country, just behind Exelon (EXC), per the Edison Electric Institute. Excel has four subsidiaries: Northern States Power Minnesota (NSPM), Northern States Power Wisconsin (NSPW), Public Service Company of Colorado (PSCO) and Southwestern Public Service Company (SPS), operating in the Texas Panhandle and ...