Xcel Energy Inc. (XEL)

Sector: Utilities|Industry: Utilities - Regulated Electric|Market Cap: $38.13B|Employees: 11.3K


Xcel Energy is a major U.S. regulated electric and natural gas delivery company, serving customers in eight states. The company's core business model revolves around providing a comprehensive portfolio of energy-related products and services through its four utility subsidiaries. Xcel Energy leverages its geographic presence and diverse energy resources to maintain a strong market position.

  1. Filings

Filing Highlights

Financial Performance

Total operating revenues decreased slightly to $3,022 million for the three months ended June 30, 2024, from $3,028 million for the same period in 2023. This indicates a minor contraction in top-line performance.

Net income decreased to $288 million for the three months ended June 30, 2024, from $302 million for the same period in 2023. This indicates a decline in profitability.

Basic and diluted earnings per share decreased to $0.52 for the three months ended June 30, 2024, from $0.54 for the same period in 2023, reflecting the decrease in net income.

Growth & Strategy

Management Execution

Risk Factors

Competitive Position

Operational Efficiency

Innovation & Technology

Capital Allocation

ESG initiatives

Market Environment