Portland General Electric announces second quarter 2020 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., July 31, 2020 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today reported net income of $39 million, or 43 cents per diluted share, for the second quarter of 2020. This compares with net income of $25 million, or 28 cents per diluted share, for the second quarter of 2019."We achieved solid second quarter financial results, driven by a combination of favorable hydro and wind conditions and lower operating expenses," said Maria Pope, PGE president and CEO. "As an essential service provider, we will continue working to keep costs low to support economic recovery and the communities we serve in this unprecedented time." Second quarter 2020 earnings compared to second quarter 2019 earningsTotal revenues increased as a result of higher residential, industrial and wholesale demand, which was partially offset by lower commercial demand. Power costs increased due to higher overall system deliveries, which more than offset a decline in the average cost per MWh d
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 declares dividendPR Newswire
- Red state coal towns still power the West Coast. We can't just let them die [Los Angeles Times (CA)]Los Angeles Times
- Portland General Electric: Strong Industrial Load Growth Could Boost Earnings [Seeking Alpha]Seeking Alpha
- Reasons to Add Portland General Electric (POR) to Your Portfolio [Yahoo! Finance]Yahoo! Finance
- POR or AEP: Which Is the Better Value Stock Right Now? [Yahoo! Finance]Yahoo! Finance
POR
Earnings
- 2/16/24 - Miss
POR
Sec Filings
- 4/24/24 - Form 8-K
- 4/17/24 - Form 4
- 4/17/24 - Form 4
- POR's page on the SEC website