Portland General Electric announces second quarter 2019 results

Portland General Electric Co (POR)
Last portland general electric co earnings: 4/24 05:00 am
Check Earnings Report
US:NYSE Investor Relations:
investors.portlandgeneral.com
Company Research
Source: PR Newswire
PORTLAND, Ore., Aug. 2, 2019 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today reported net income of $25 million, or 28 cents per diluted share, for the second quarter of 2019. This compares with net income of $46 million, or 51 cents per diluted share, for the second quarter of 2018."This quarter, we navigated challenging regional power markets with significantly lower hydro production and are maintaining full year guidance," said Maria Pope, PGE president and CEO, "We are also pleased to have filed our Integrated Resource Plan and to announce the construction of an Integrated Operations Center, which will enhance grid safety, resilience and security."Q2 2019 earnings compared to Q2 2018 earningsNet variable power costs were less favorable than the prior year, primarily due to lower wholesale revenues and significantly lower than average hydro production. Higher operating expenses and lower production tax credits were partially offset by an increase in revenue as a
Show less
Read more
Impact Snapshot
Event Time:
POR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
POR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
POR alerts
High impacting Portland General Electric Co news events
Weekly update
A roundup of the hottest topics
POR
News
- Portland General Electric (NYSE: POR) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Portland General Electric (NYSE: POR) had its price target raised by analysts at Credit Suisse Group AG from $46.00 to $48.00. They now have a "neutral" rating on the stock.MarketBeat
- Portland General Electric schedules earnings release and conference call for Thursday, February 16PR Newswire
- Share this Story: Portland General Electric Partners with Expeto to Accelerate Grid Modernization and Renewable Energy Outcomes [Financial Post (Toronto, Ontario, Canada)]Financial Post
- 2 arrested in power substation vandalism in Washington state [MarketWatch]MarketWatch
POR
Earnings
- 10/25/22 - Beat
POR
Sec Filings
- 1/23/23 - Form SC
- 1/4/23 - Form 4
- 1/4/23 - Form 4
- POR's page on the SEC website