Watchdog group claims Xcel Energy is collecting and distributing "1% fund" unfairly [CBS News]
Xcel Energy Inc. (XEL)
Last xcel energy inc. earnings: 1/30 06:00 am
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Source: CBS News
Citizens Against Utility Abuse claims Xcel Energy is collecting funds to help cities pay for undergrounding power lines, but not all customers will benefit. In recent months, the importance of that undergrounding work has been in the spotlight. Just last month, a massive fire devastated parts of Texas, and investigators now believe it was caused by an old power pole that snapped in high winds. In Colorado's Marshall Fire back in 2021, authorities pointed to a damaged power line as one of two sources of ignition as well. "We all remember that, and we have experienced high winds too. We got a lot of powerlines that kind of brought it to the forefront of everyone's attention," said Mayor Chris Wolfe of the Town of Morrison. Morrison had its own wildfire scare last spring when a power line went down just a few miles away. "It could have been a risk for a lot of people if it would have been the wind direction another way or if it would have been here in town or closer," Wolfe ad
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XEL
News
- Xcel Energy Inc. (NASDAQ: XEL) had its price target raised by analysts at Evercore ISI from $54.00 to $59.00. They now have an "outperform" rating on the stock.MarketBeat
- Denver Film's 25th Film on the Rocks lineup includes The Matrix, family favorites [CBS News]CBS News
- Xcel Energy Inc. (NASDAQ: XEL) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Minnesota will soon be home to 5th largest solar facility in the nation [CBS News]CBS News
- Xcel Energy (XEL) Q1 Earnings Beat, Revenues Lag Estimates [Yahoo! Finance]Yahoo! Finance
XEL
Earnings
- 4/25/24 - Beat
XEL
Sec Filings
- 4/25/24 - Form 10-Q
- 4/25/24 - Form 8-K
- 4/18/24 - Form S-3ASR
- XEL's page on the SEC website