Eversource Energy (N:ES)

Sector:  Utilities Industry:  Electric Utilities
See Regulatory Filings on SEC
Company Contact
Address: 300 Cadwell Dr
Tel: 1-860-6653249
Website: www.eversource.com
IR: See website
Key People
James J. Judge
Chairman of the Board of Trustee ,President, Chief Executive Officer
Philip J. Lembo
Executive Vice President and Chief Financial Officer
Werner J. Schweiger
Chief Operating Officer, Executive Vice President
Gregory B. Butler
Executive Vice President, General Counsel
Christine M. Carmody
Executive Vice President of Human Resources, and Information Technology of Eversource Energy
Joseph R. Nolan
Executive Vice President - Strategy, Customer and Corporate Relations of Eversource Energy
Jay S. Buth
Chief Accounting Officer, Vice President, Controller
Business Overview
Eversource Energy is a utility holding company engaged in the energy delivery business. The Company operates through four segments: Electric Distribution, Electric Transmission, Natural Gas Distribution and Water Distribution. The Company's Electric Distribution segment consists of the distribution businesses, which are engaged in the distribution of electricity to retail customers in Connecticut, Massachusetts, New Hampshire and the regulated electric generation businesses. Its Electric Transmission segment owns and maintains transmission facilities that are part of an interstate power transmission grid over which electricity is transmitted throughout New England. Its Natural Gas Distribution segment distributes natural gas to its customers in Massachusetts and Connecticut. The Company also provides water utility services to residential, commercial, industrial, municipal and fire protection, and other customers in Connecticut, Massachusetts and New Hampshire.
Financial Overview
For the three months ended 31 March 2020, Eversource Energy revenues decreased 2% to $2.37B. Net income increased 8% to $334.8M. Revenues reflect Electric Distribution segment decrease of 2% to $1.81B, Natural Gas Distribution segment decrease of 4% to $448.6M. Net income reflects Electric Distribution segment income increase of 11% to $198.4M, Electric Transmission segment income increase of 8% to $195.4M.
Employees: 8,234 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $42,160M as of Mar 31, 2020
Annual revenue (TTM): $8,476M as of Mar 31, 2020
EBITDA (TTM): $2,772M as of Mar 31, 2020
Net annual income (TTM): $935.13M as of Mar 31, 2020
Free cash flow (TTM): -$1,643M as of Mar 31, 2020
Net Debt Last Fiscal Year: $15,607M as of Mar 31, 2020
Shares outstanding: 336,442,541 as of Apr 30, 2020
Index Membership: S&P 500
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization