Latest News - Xcel Energy
Top Corporates Hub
Xcel Energy
Does GE Vernova (GEV)ʼs Expanding Gas Turbine Backlog Quietly Redefine Its Long-Term Power Strategy?
12.02.2026 05:09
In early February 2026, Maxim Power Corp. announced it had reserved a GE Vernova 7HA.02 gas turbine manufacturing slot for its 400 MW Prairie Lights Power project in Alberta, while GE Vernova also secured large U.S. wind repowering orders, a broad alliance with Xcel Energy, multiple long-dated bond issues, and completed a major UK gas plant upgrade. Together, these moves highlight how GE Vernova is locking in future gas turbine and grid-related work while simultaneously reinforcing its...
GE Vernova Alliance Links Data Center Power, Grid Upgrades And Valuation Risks
07.02.2026 06:03
GE Vernova (NYSE:GEV) has entered a multi year alliance with Xcel Energy that includes multi gigawatt capacity reservations for wind and gas turbines. The collaboration also covers grid modernization, artificial intelligence applications and joint R&D for power systems that serve data centers and the wider grid through the 2030s. Separately, the U.S. government has created a critical minerals reserve that is explicitly backed by GE Vernova, targeting stronger supply security for electrical...
Xcel: Q4 Earnings Snapshot
05.02.2026 11:23
MINNEAPOLIS (AP) — Xcel Energy Inc. XEL) on Thursday reported fourth-quarter net income of $567 million. On a per-share basis, the Minneapolis-based company said it had net income of 95 cents.
Xcel Energy 2025 Year End Earnings Report
05.02.2026 11:05
MINNEAPOLIS, February 05, 2026--Xcel Energy Inc. (NASDAQ: XEL) today reported 2025 GAAP diluted earnings of $2.02 billion, or $3.42 per share, compared with $1.94 billion, or $3.44 per share in the same period in 2024 and ongoing earnings of $2.24 billion, or $3.80 per share, compared with $1.97 billion, or $3.50 per share in the same period in 2024. See Note 6 for reconciliation from GAAP to ongoing earnings.
GE Vernova Xcel Alliance Highlights Grid Growth Potential And Valuation Tension
05.02.2026 10:12
GE Vernova (NYSE:GEV) and Xcel Energy have entered into a long term Strategic Alliance Agreement. The alliance targets grid modernization, large scale wind generation, and advanced gas turbine projects through the 2030s. The partnership includes collaboration on artificial intelligence applications and research and development for next generation energy infrastructure. For you as an investor, this alliance highlights how GE Vernova is positioning itself in generation equipment and grid...
Xcel Energy and NextEra Energy Agree to Deliver Generation Solutions and Enable Large Load Across Xcel Energy’s Service Territories
04.02.2026 14:00
MINNEAPOLIS, February 04, 2026--Xcel Energy, Inc. signed a memorandum of understanding (MOU) with a subsidiary of NextEra Energy, Inc.
GE Vernova Alliance And Acquisition Sharpen Focus On Grid Investment
04.02.2026 03:16
GE Vernova (NYSE:GEV) has signed a Strategic Alliance Agreement with Xcel Energy to work together on grid modernization and renewables projects. The agreement covers collaboration on utility scale gas and wind equipment, along with grid modernization initiatives. GE Vernova has completed the full acquisition of Prolec GE, consolidating its electrification capacity in North America. GE Vernova focuses on power equipment, grid solutions, and cleaner generation technologies. This new agreement...
The solar panel contracts that can kill home sales
17.01.2026 13:30
Although they can make home sales more difficult, solar leases have been growing in popularity and are poised to continue their rise after tax credit changes.
What to Expect From Xcel Energy's Q4 2025 Earnings Report
12.01.2026 13:08
Xcel Energy is gearing up to release its fourth-quarter results soon, and analysts are expecting a double-digit rise in the company’s bottom-line figure.
5 takeaways from Xcel CEO Bob Frenzel’s talk at the Minneapolis Fed
12.01.2026 10:53
Supply chains are “actually degrading” while competition for engineering, construction and procurement services from hyperscalers is driving up costs for utilities, Frenzel said.
How The Xcel Energy XEL Narrative Is Shifting With Data Center Hopes And Sector Caution
09.01.2026 02:13
What Has Actually Changed in the Xcel Energy Story? The latest update on Xcel Energy leaves the modelled fair value per share steady at US$87.53 and keeps the discount rate effectively unchanged at 6.96%, which indicates that the core valuation view has not moved. Long term revenue growth is still set at about 8.09%, even as fresh research commentary highlights both optimism around data center driven demand and caution around sector sentiment and regulatory timing. A modestly higher assumed...
Exelon Names Tim Peterson Chief Customer and Technology Officer
08.01.2026 15:15
CHICAGO, January 08, 2026--Exelon (Nasdaq: EXC) today announced that Tim Peterson, currently senior vice president, chief information officer and chief technology officer at Minneapolis-based Xcel Energy, will join Exelon as executive vice president and chief customer and technology officer in February.
Xcel Energy: I Love Utilities In My Portfolio
03.01.2026 08:00
Xcel Energy stock is undervalued with significant upside. Here's what you need to know about this dividend payer.
Xcel Energy Announces Cash Tender Offers for Certain Outstanding First Mortgage Bonds Issued by Northern States Power Company (a Minnesota corporation)
15.12.2025 14:14
MINNEAPOLIS, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Xcel Energy Inc. (NASDAQ: XEL) (Xcel Energy) announced today the commencement of three separate offers (the Offers) to purchase for cash up to $345,000,000 aggregate principal amount of three series of first mortgage bonds (the Bonds) issued by Northern States Power Company, a Minnesota corporation (NSPM) and a wholly owned subsidiary of Xcel Energy. Subject to the Maximum Purchase Condition (as defined below), the series of Bonds that are purchased
What Xcel Energy Inc.'s (NASDAQ:XEL) ROE Can Tell Us
12.12.2025 10:31
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
Are Wall Street Analysts Bullish on Xcel Energy Stock?
07.11.2025 13:25
As Xcel Energy has outperformed the broader market over the past year, Wall Street analysts maintain a highly optimistic outlook about the stock’s prospects.
Xcel Energy Q3 2025 Earnings Call Transcript
31.10.2025 15:28
In 2025, Xcel Energy recorded a charge of $290 million or 30¢ per share, reflecting the settlement reached with plaintiffs in the Marshall wildfire. Bob Frenzel: Thank you, Roopesh, and good morning, everybody. In 2025, Xcel Energy continued our commitment to our customers, our investors, and our communities to make energy work better.
Xcel Energy rolls out $60 billion capital spending plan
31.10.2025 09:00
The utility is planning 7.5 MW of renewable generation, 3 MW of gas generation, 1.9 MW of energy storage, 1,500 miles of high-voltage transmission and $5 billion for wildfire mitigation.
Xcel Energy Inc (XEL) Q3 2025 Earnings Call Highlights: Strong Ongoing EPS and Strategic Growth ...
31.10.2025 01:04
Xcel Energy Inc (XEL) reports robust ongoing earnings, unveils a $60 billion capital expenditure plan, and addresses challenges in financing and equipment availability.