NasdaqGS - Nasdaq Real Time Price USD

Xcel Energy Inc. (XEL)

53.76

+0.57

(+1.07%)

At close: April 18 at 4:00 PM EDT

53.70

-0.06

(-0.11%)

After hours: April 18 at 6:39 PM EDT

Wildfires Are Upending Some of the Safest Bets on Wall Street

(Bloomberg) -- When the Texas Panhandle went up in flames this winter, the news spread fast on Wall Street. 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 BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingTesla Asks Investors to Approve Musk’s $56 Billion Pay AgainChina Tells Iran Cooperation Will La

Bloomberg yesterday

XEL
+1.07%
PCG

EIX
+0.13%
Xcel Energy (XEL) Fell due to a Wildfire in Texas

Aristotle Capital Management, LLC, an investment management company, released its “Value Equity Strategy” first quarter 2024 investor letter. A copy of the same can be downloaded here. The composite returned 7.63% gross of fees (7.56% net of fees) in the first quarter trailing the 8.99% return of the Russell 1000 Value Index and the 10.56% return […]

Insider Monkey 3 days ago

XEL
+1.07%
Alliant Energy (LNT) Benefits From Clean Portfolio, Investments

Alliant Energy (LNT) continues to benefit from its initiative to strengthen its existing operations and focus on adding clean assets to its portfolio.

Zacks 7 days ago

LNT
+0.87%
XEL
+1.07%
PPL
+0.76%
Utilities: Where AI fits into the future of this sector play

The utilities sector (XLU) has remained nearly flat year-to-date when compared to the massive gains seen in other sectors in 2024, such as technology. Citi Equity Analyst Ryan Levine believes that the utilities sector's poor performance has gone on for too long, pointing to AI as "the real emerging story" that will "create a demand growth for the industry at large." "There's two groups of companies — companies on the regulated utility side and then on the unregulated side," Levine explains to Yahoo Finance. "On the regulated side, companies as you articulate in terms of close proximity to the data center buildout. So we identify Georgia as a state that's very attractive and are recommending Southern Company (SO) on that theme." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Editor's note: This article was written by Luke Carberry Mogan.

Yahoo Finance Video 9 days ago

JXI

XEL
+1.07%
NEE
Xcel Energy working to restore power in Colorado after weekend outages

Utility firm Xcel Energy said on Monday it was working to restore service to customers in Colorado after it voluntarily shut off power over the weekend to reduce wildfire concerns. Parts of Central U.S., including Colorado, faced an elevated risk of fires over the last two days due to dry weather and high wind speeds. The company initiated a shutoff of power to 55,000 customers in areas at highest risk and de-energized 600 miles of power lines.

Reuters 10 days ago

XEL
+1.07%
Hurricane-Force Winds Leave 150,000 Without Power in Colorado

(Bloomberg) -- More than 150,000 Xcel Energy Inc. customers in Colorado are without electricity amid hurricane-force winds — and some may not get power back until Monday.Most Read from BloombergTrumpism Is Emptying ChurchesRBC Fires CFO Ahn After Probe Into Personal RelationshipThe Odds of $100 Oil Are Rising as Supply Shocks Convulse the MarketIsrael Backs Out of Khan Younis to Prepare ‘Future Operations’Saudis Scale Back Ambition for $1.5 Trillion Desert Project NeomThose affected include abou

Bloomberg 11 days ago

XEL
+1.07%
Xcel Energy First Quarter 2024 Earnings Conference Call

MINNEAPOLIS, April 01, 2024--On Thursday, April 25, 2024, Xcel Energy (NASDAQ: XEL) will host a conference call to review first quarter 2024 financial results. The earnings report will be released prior to the market open on the same date.

Business Wire 17 days ago

XEL
+1.07%
12 Most Undervalued Renewable Energy Stocks To Buy According To Analysts

In this article, we discuss the 12 most undervalued renewable energy stocks to buy according to analysts. To skip the detailed analysis of the renewable energy industry, go directly to the 5 Most Undervalued Renewable Energy Stocks To Buy According To Analysts. Although renewable energy has been a trending topic for the last few years, […]

Insider Monkey 22 days ago

NEE

FE
+0.48%
DUK-PA
With 79% institutional ownership, Xcel Energy Inc. (NASDAQ:XEL) is a favorite amongst the big guns

Key Insights Given the large stake in the stock by institutions, Xcel Energy's stock price might be vulnerable to their...

Simply Wall St. 22 days ago

XEL
+1.07%
Itron's (ITRI) Key Client Installs 2M DI-Enabled Smart Meters

One of the major clients of Itron (ITRI), Xcel Energy, achieves a milestone by installing 2 million distributed intelligence-enabled electric smart meters for its customers.

Zacks 28 days ago

ITRI

XEL
+1.07%
WDAY
Xcel Energy (XEL) Gains From Investments & Renewable Expansion

Xcel Energy (XEL) continues to benefit from its long-term investment plans, clean power generation and expanding customer base.

Zacks 28 days ago

XEL
+1.07%
NI
+0.92%
Power Lines Sparked Largest Wildfire in Texas History

Xcel Energy said it believes its own facilities have been involved in starting massive wildfires still raging in Texas.

The Wall Street Journal last month

XEL
+1.07%
Power lines ignited the largest wildfire in Texas history and one nearby, officials say

Power lines ignited massive wildfires across the Texas Panhandle that killed at least two people, destroyed homes and livestock, and left a charred landscape, officials said Thursday, including the largest blaze in state history. The Texas A&M Forest Service said its investigators concluded that power lines ignited both the historic Smokehouse Creek fire, which has burned nearly 1,700 square miles (4,400 square kilometers) and spilled into neighboring Oklahoma, and the nearby Windy Deuce fire, which has burned about 225 square miles (582 square kilometers). The statement did not elaborate on what led to the power lines igniting the blazes.

Associated Press Finance last month

XEL
+1.07%
UPDATE 3-Xcel Energy says its facilities likely started Texas fire

Electric utility Xcel Energy said on Thursday its facilities likely started the Smokehouse Creek fire, which has destroyed dozens of homes and charred sprawling cattle ranches in the largest wildfire in recorded Texas history. "Based on currently available information, Xcel Energy acknowledges that its facilities appear to have been involved in an ignition of the Smokehouse Creek fire," Xcel Energy wrote in a statement. The Minneapolis-based utility, which provides power and natural gas to parts of Texas and seven other U.S. states, disputed "claims that it acted negligently in maintaining and operating its infrastructure."

Reuters last month

XEL
+1.07%
Statement from Xcel Energy regarding wildfires in the Texas Panhandle

MINNEAPOLIS, March 07, 2024--Xcel Energy (XEL) issued the following statement regarding the wildfires in the Texas Panhandle:

Business Wire last month

XEL
+1.07%
Xcel Energy's (NASDAQ:XEL) Returns Have Hit A Wall

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...

Simply Wall St. last month

XEL
+1.07%
Hidden Gems: 7 Oversold Stocks Ready for a Major Rebound

Ordinarily, you’ll want to avoid excessively red-stained ideas. Although certain exceptions might be made for these oversold stocks ready for rebound. Certain relevant enterprises may be liable to bounce back after bearish actions have gone too far. Whether you want to call them dead-cat bounces or snapback rallies, the principle is the same. After incurring long bouts of negativity, market participants might see value shift to the other side of the equation. Nothing stays perfectly linear forev

InvestorPlace last month

XEL
+1.07%
FNV

GILD
UPDATE 2-Xcel Energy utility equipment started Texas wildfire, homeowner says in lawsuit

A Texas homeowner whose house was destroyed by a massive wildfire raging northeast of Amarillo sued electric utility Xcel Energy on Friday, alleging that a splintered power pole owned by the company fell and started the blaze. The lawsuit by homeowner Melanie McQuiddy, filed in state court in Hemphill County, claims the power pole owned by Xcel subsidiary Southwestern Public Service Company was in bad physical shape before it fell and caused the fire. The Smokehouse Creek Fire has killed at least two people and has grown into the largest wildfire in state history since it started on Monday in the Texas Panhandle.

Reuters last month

XEL
+1.07%
Texas Wildfire Risk Pushes Xcel Stock to Lowest Price in Years

Xcel Energy is among the S&P 500's worst performers Friday, [extending declines](https://www.wsj.com/livecoverage/stock-market-today-dow-jones-02-29-2024/card/xcel-energy-shares-tumble-on-potential-texas-wildfire-liability-2BCM2Y2bPoVbc2Dcu0Pi) after the utility said it could face liability claims related to some of the wildfires raging in Texas.

The Wall Street Journal last month

XEL
+1.07%
Xcel Energy's Stock Tumbles on Potential Texas Wildfire Liability

Xcel Energy's shares are tumbling after the utility owner said in [a securities filing](https://www.sec.gov/Archives/edgar/data/72903/000007290324000048/xel-20240228.htm) that lawyers for property insurers have said it may be liable for damages in the largest of the [wildfires raging in north Texas](https://www.wsj.com/us-news/climate-environment/texas-panhandle-wildfires-oklahoma-evacuations-624ed09b). Xcel said the lawyers asked it to preserve a utility pole owned by its Southwestern Public Service Company that fell "within the vicinity of the fire’s potential area of origin." The lawyers' letter "purports to provide Xcel Energy with notice of potential exposure for damages," the filing said.

The Wall Street Journal last month

XEL
+1.07%

Performance Overview

Return	XEL	S&P 500
YTD	-12.23%	+5.06%
1-Year	-20.72%	+20.71%
3-Year	-16.23%	+19.73%

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Xcel Energy Inc. (XEL)

Wildfires Are Upending Some of the Safest Bets on Wall Street

Xcel Energy (XEL) Fell due to a Wildfire in Texas

Alliant Energy (LNT) Benefits From Clean Portfolio, Investments

Utilities: Where AI fits into the future of this sector play

Xcel Energy working to restore power in Colorado after weekend outages

Hurricane-Force Winds Leave 150,000 Without Power in Colorado

Xcel Energy First Quarter 2024 Earnings Conference Call

12 Most Undervalued Renewable Energy Stocks To Buy According To Analysts

With 79% institutional ownership, Xcel Energy Inc. (NASDAQ:XEL) is a favorite amongst the big guns

Itron's (ITRI) Key Client Installs 2M DI-Enabled Smart Meters

Xcel Energy (XEL) Gains From Investments & Renewable Expansion

Power Lines Sparked Largest Wildfire in Texas History

Power lines ignited the largest wildfire in Texas history and one nearby, officials say

UPDATE 3-Xcel Energy says its facilities likely started Texas fire

Statement from Xcel Energy regarding wildfires in the Texas Panhandle

Xcel Energy's (NASDAQ:XEL) Returns Have Hit A Wall

Hidden Gems: 7 Oversold Stocks Ready for a Major Rebound

UPDATE 2-Xcel Energy utility equipment started Texas wildfire, homeowner says in lawsuit

Texas Wildfire Risk Pushes Xcel Stock to Lowest Price in Years

Xcel Energy's Stock Tumbles on Potential Texas Wildfire Liability

Performance Overview