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Utilities

Idaho Power’s New Bond Sale Boosts Total to $600M, Enhances Liquidity

Idaho Power Company is moving forward to issue $200 million in 5.70% first mortgage bonds, with a scheduled date for issuance on August 6, enhancing its overall liquidity position. This marks a significant increase from prior offerings, as the total outstanding amount now reaches …

Vinay Lochav | 05 August 2026

Drax Group Stock Rises 1.19%: Renewable Power Demand in Focus

As of 5 August 2026, Drax Group PLC (LSE:DRX) shares were up1.19%, closing at725.00 GBX(+8.50), making it one of today's strongest performers on the London Stock Exchange.

Divya Sood | 05 August 2026

WEC Energy Group (NYSE: WEC) Reports EPS of $0.91, Beating Estimates by 11%

WEC Energy Group reported a second-quarter earnings per share (EPS) of $0.91, significantly above the consensus estimate of $0.82. With a market capitalization of approximately $37.7 billion, WEC continues to establish itself as a formidable player in the utility sector. Year-to-date, WEC shares have …

Vinay Lochav | 04 August 2026

Avista (NYSE: AVA) Reports $1.10 EPS Yet Faces 4.2% Share Decline

Avista Corporation (NYSE: AVA) posted a solid earnings per share of $1.10 for the quarter ended on March 31, outperforming the consensus estimate of $1.04. This earnings beat has positioned the company favorably within the utilities sector. However, despite this positive financial news, Avista's …

Vinay Lochav | 04 August 2026

New Jersey Resources (NYSE: NJR) Posts $9.7M Quarterly Profit Amid Strong Year

This positive financial turn reflects the company's operational resilience amidst challenging market conditions. The revised guidance for fiscal 2026's net financial earnings per share (NFEPS) now stands between $3.52 and $3.62, up from prior expectations of $3.48 to $3.63, representing a 4% increase. These …

Vinay Lochav | 04 August 2026

Xcel Energy (NASDAQ: XEL) Reports $586M Q2 Earnings, EPS Surges 24% to $0.93

The company's results exceeded the consensus estimate of $0.79, reinforcing its position in the utilities sector. Year-to-date, Xcel Energy is up 5.4%, illustrating investor confidence amid consistent performance and strategic initiatives aimed at improving customer satisfaction and service reliability.

Vinay Lochav | 03 August 2026

Northwest Natural Holding (NYSE: NWN) Boosts 2026 Revenue by $20.1M Under New Rate Order

Northwest Natural Holding (NYSE: NWN) secured regulatory approval that will raise its 2026 revenue by $20.1 million, with follow‑on increases of $7.5 million in 2027 and $7.4 million in 2028. The order, issued by the Washington Utilities and Transportation Commission, takes effect on August …

Vinay Lochav | 03 August 2026

Portland General Electric (NYSE: POR) Reports Q2 EPS at $0.64 Amid 11% Industrial Growth

The utility’s firm performance in industrial sectors, particularly data centers, contributed to a notable year-over-year demand growth of 11%. Although year-to-date shares are up 1.7%, the recent downward trend raises questions about sustained momentum as shares have dipped 4.2% over the past month.

Vinay Lochav | 03 August 2026

WEC Energy Group (NYSE: WEC) Posts Q2 EPS $0.91, Beats Estimate, Reaffirms Guidance

WEC Energy Group (NYSE: WEC) delivered Q2 earnings per share of $0.91, outpacing the $0.82 consensus estimate, while revenue lifted to $5.5 billion, a $337.3 million gain over the comparable period.Net Incomeadvanced to $299.2 million, reflecting stronger operating margins and higher income from transmission …

Vinay Lochav | 03 August 2026

WEC Energy's Strong Q2 Results Bolster 2026 Earnings Guidance

WEC Energy Group reported a 22% year-over-year increase in second-quarter net income, reaching $299.2 million, or $0.91 per diluted share. The Milwaukee-based utility reaffirmed its 2026 earnings guidance, projecting between $5.51 and $5.61 per share. Despite flat electricityDemand, the company attributes its strong performance …

Vinay Lochav | 03 August 2026
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