Xcel Energy Inc (OQ:XEL)
Business Focus: Electric Utilities
| Sector: Utilities | Industry: Electric Utilities |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 414 Nicollet Mall MINNEAPOLIS MN 55401 |
| Tel: | 1-612-2154535 |
| Website: | https://www.xcelenergy.com |
| IR: | See website |
| Key People | ||
| Robert C. Frenzel Chairman of the Board, President, Chief Executive Officer | Frank P. Prager Senior Vice President - Strategy, Security, External Affairs and Chief Sustainability Officer | Brian J. Van Abel Chief Financial Officer, Executive Vice President |
| Robert S. Kenney President '�� Colorado | Adrian J. Rodriguez President '�� Texas and New Mexico | Timothy O'Connor Chief Operating Officer, Executive Vice President |
| Patricia Correa Chief Human Resource Officer, Senior Vice President | Brett C. Carter Executive Vice President, Group President, Utilities, and Chief Customer Officer | Amanda Rome Executive Vice President and Group President, Utilities and Chief Customer Officer | Alice K. Jackson Senior Vice President - System Strategy and Chief Planning Officer |
| Business Overview |
| Xcel Energy Inc. is an electric and natural gas delivery company. The Company provides a comprehensive portfolio of energy-related products and services to approximately 3.8 million electric customers and 2.2 million natural gas customers through four utility subsidiaries, NSP-Minnesota, NSP-Wisconsin, PSCo and SPS. The Company operates through two segments. The Regulated Electric Utility segment generates, purchases, transmits, distributes and sells electricity in Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin. In addition, this segment includes sales for resale and provides wholesale transmission service to various entities in the United States. The Regulated Electric Utility segment also includes wholesale commodity and trading operations. The Regulated Natural Gas utility segment purchases, transports, stores, distributes and sells natural gas primarily in portions of Colorado, Michigan, Minnesota, North Dakota and Wisconsin. |
| Financial Overview |
| For the three months ended 31 March 2024, Xcel Energy Inc revenues decreased 11% to $3.65B. Net income increased 17% to $488M. Revenues reflect Regulated Natural Gas segment decrease of 27% to $941M, Regulated Electric segment decrease of 3% to $2.69B. Net income reflects Cost of natural gas sold and transported decrease of 43% to $483M (expense), Electric fuel and purchased power - Bala decrease of 16% to $890M (expense). |
| Employees: | 11,311 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $57,543M as of Mar 31, 2024 |
| Annual revenue (TTM): | $13,775M as of Mar 31, 2024 |
| EBITDA (TTM): | $5,285M as of Mar 31, 2024 |
| Net annual income (TTM): | $1,841M as of Mar 31, 2024 |
| Free cash flow (TTM): | -$2,399M as of Mar 31, 2024 |
| Net Debt Last Fiscal Year: | $26,972M as of Mar 31, 2024 |
| Shares outstanding: | 555,639,439 as of Apr 22, 2024 |
| Index Membership: | S&P 500, Dow Utility |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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