Is Xcel Energy Stock Underperforming the S&P 500?
Xcel Energy Inc. (XEL), headquartered in Minneapolis, Minnesota, generates, purchases, transmits, distributes, and sells electricity. With a market cap of $45.7 billion, the company also purchases, transports, distributes, and sells natural gas to retail customers, as well as transports customer-owned natural gas. Companies worth $10 billion or more are generally described as “large-cap stocks,” and XEL perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influe ...