Wildfires Are Upending Some of the Safest Bets on Wall Street [Yahoo! Finance]
Xcel Energy Inc. (XEL)
Last xcel energy inc. earnings: 1/30 06:00 am
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Source: Yahoo! Finance
An electric utility by the name of Xcel Energy Inc. was getting blamed for the massive blaze — a lawsuit pointed the finger at its dilapidated equipment — and this was making the company's investors very nervous. Most Read from Bloomberg Dubai Grinds to Standstill as Cloud Seeding Worsens Flooding China Tells Iran Cooperation Will Last After Attack on Israel What If Fed Rate Hikes Are Actually Sparking US Economic Boom? Powell Signals Rate-Cut Delay After Run of Inflation Surprises Red Lobster Considers Bankruptcy to Deal With Leases and Labor Costs Throughout the morning of Feb. 29, investors unloaded shares. By early that afternoon, the stock was down nearly 10%. Bond prices were sinking too, triggering a spike in Xcel's yields. For money managers who had long treated the utility's bonds as an uber-safe asset — something almost akin to a US Treasury note — the rout, while brief, was jarring. It sent the latest in a series of warnings on climate change to an investing
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XEL
News
- Xcel Energy Inc. (NASDAQ: XEL) had its price target raised by analysts at Barclays PLC from $56.00 to $57.00. They now have an "overweight" rating on the stock.MarketBeat
- U.S. Bank to leave U.S. Bank Center in downtown St. Paul while keeping skyway branch open [Yahoo! Finance]Yahoo! Finance
- Xcel Energy Inc. (NASDAQ: XEL) had its price target raised by analysts at Bank of America Co. from $63.00 to $66.00. They now have a "buy" rating on the stock.MarketBeat
- 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
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