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CHESAPEAKE UTILITIES CORPORATION REPORTS FISCAL YEAR 2025 RESULTS
Prnewswire· 2026-02-25 21:37
Industrial2,393,88912,020,09684,9402,971,38211,862,86494,706Other70,5691,307,859—73,2551,548,856—Total3,730,18014,341,493150,3414,048,18414,450,939162 CustomersResidential106,917213,12526,008103,308208,09025,781Commercial and reflected increased capital costs associated with unanticipated changes in global markets and supply chains, including the availability of skilled laborers with the requisite certifications to work on this project. Eastern Shore requested expedited action by the FERC in relation to thi ...
Xcel Energy Inc. Board Increases 2026 Common Dividend, Declares Dividend on Common Stock
Businesswire· 2026-02-25 19:29
This information is not given in connection with any sale or offer for sale or offer to buy any securities. MINNEAPOLIS--(BUSINESS WIRE)--The Board of Directors of Xcel Energy Inc. (NASDAQ: XEL) today raised the quarterly dividend on the company's common stock from 57 cents per share to 59.25 cents per share, which is equivalent to an annual rate of $2.37 per share. The dividends are payable April 20, 2026, to shareholders of record on March 13, 2026. Statements in this press release regarding Xcel Energy's ...
French utility Engie to acquire UK Power Networks for over $14 billion
Reuters· 2026-02-25 19:15
French utility Engie to acquire UK Power Networks for over $14 billion | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]The Engie logo is displayed during the 107th session of the Congress of Mayors organised by the "France's Mayors' Association" (AMF) at the Paris Expo Porte de Versailles convention center in... [Purchase Licensing Rights, opens new tab] Read moreFeb 25 (Reuters) - French utility Engie [(ENGIE.PA), opens new tab] o ...
Engie raises its financial targets for 2026-2028
Reuters· 2026-02-25 19:08
Engie raises its financial targets for 2026-2028 | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]The logo of French gas and power group Engie is seen on the company tower at La Defense business and financial district in Courbevoie, near Paris, France. May 16, 2018. REUTERS/Charles Platiau [Purchase Licensing Rights, opens new tab]Feb 25 (Reuters) - French utility Engie [(ENGIE.PA), opens new tab] on Wednesday set out its medium-ter ...
US offers largest ever energy loan with $26.5 billion to Southern Co
Reuters· 2026-02-25 15:19
The U.S. Energy Department has offered a $26.54 billion loan to subsidiaries of Southern Co to increase grid reliability, the largest ever such financing by its loan office, the department said on Wed... ...
Pinnacle West posts quarterly profit on higher rates, robust power demand
Reuters· 2026-02-25 14:37
Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Pinnacle West posts quarterly profit on higher rates, robust power demand February 25, 20262:37 PM UTCUpdated ago By Reuters Feb 25 (Reuters) - Pinnacle West Capital (PNW.N), opens new tab reported a profit in the fourth quarter on Wednesday, compared with a year-ago loss, as the U.S. utility benefited from robust demand for power and higher electricity rates. U.S. utilities have been seeking ...
Southern Company receives historic Department of Energy $26.5 billion loan guarantees to increase grid reliability
Prnewswire· 2026-02-25 14:26
Investments to create an estimated $7 billion in benefits for Southern Company customers, helping lower energy costs and strengthen the grid, while advancing the president's energy dominance and affordability agenda ATLANTA, Feb. 25, 2026 /PRNewswire/ -- Customers across Alabama and Georgia are set to benefit from a historic U.S. government investment into energy infrastructure and grid reliability. Southern Company's subsidiaries, Georgia Power and Alabama Power, have received a loan package of up to $26.5 ...
Top 2 Utilities Stocks That May Collapse This Month
Benzinga· 2026-02-25 13:56
As of Feb. 25, 2026, two stocks in the utilities sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Ben ...
Avista Corp. Reports 2025 Financial Results, Initiates 2026 Utility Earnings Guidance
Globenewswire· 2026-02-25 12:05
SPOKANE, Wash., Feb. 25, 2026 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) today reported net income based on GAAP of $193 million, or $2.38 per diluted share, compared to $180 million, or $2.29 per diluted share, in 2024. Non-GAAP utility earnings1 were $207 million, or $2.55 per diluted share, compared to $187 million, or $2.38 per diluted share in 2024. Our utility results were driven by strong operational execution, constructive regulatory outcomes, customer load growth, and disciplined cost management. ...
Iberdrola's Net Profit Rises, Reiterates Guidance
WSJ· 2026-02-25 08:23
Core Viewpoint - Iberdrola reported an increase in net profit for 2025, primarily driven by its networks business, and the company reaffirmed its guidance for the upcoming year [1] Group 1 - The net profit of Iberdrola rose in 2025 [1] - The growth in net profit was mainly attributed to the performance of its networks business [1] - The company reiterated its guidance for the year ahead, indicating confidence in future performance [1]