Portland General Electric Announces First Quarter 2021 Results
Portland General Electric Co (POR)
Last portland general electric co earnings: 4/24 05:00 am
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US:NYSE Investor Relations:
investors.portlandgeneral.com
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Source: PR Newswire
PORTLAND, Ore., April 30, 2021 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today reported net income of $96 million, or $1.07 per diluted share, for the first quarter of 2021. This compares with net income of $81 million, or 91 cents per diluted share, for the first quarter of 2020."While the first quarter presented challenges, the team remains focused on supporting customers," said Maria Pope, PGE president and CEO. "I am proud of the way we came together to restore power quickly, and safely, during a once in 40-year ice event. These events demonstrate the importance of continued investment in a safe, reliable and resilient grid."First Quarter 2021 Compared to First Quarter 2020Total revenues increased as a result of higher retail energy deliveries, driven by strong residential demand and growth in the high-tech and digital service sectors, as well as revenues from the recently completed Wheatridge Renewable Energy Facility. Purchased power and fuel expense increas
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POR
Earnings
- 4/26/24 - Beat
POR
Sec Filings
- 4/26/24 - Form 8-K
- 4/26/24 - Form 10-Q
- 4/24/24 - Form 8-K
- POR's page on the SEC website