Xcel Energy Inc. is just three years away from becoming a Dividend Aristocrat. Having met or exceeded guidance for 20 consecutive years, I'm confident the utility will deliver on its 6% to 8% annual ongoing diluted EPS growth target. XEL is financially positioned to execute its $45 billion five-year capital spending plan, with investment-grade credit ratings from each of the major rating agencies.
Xcel Energy reaffirms FY2025 EPS guidance of $3.75 to $3.85 despite missing Q1 EPS and revenue expectations due to high wildfire mitigation costs. The company has a $45 billion capital growth plan focused on renewable energy, but faces risks from fluctuating tariffs and regulatory uncertainty. Xcel Energy's stock has increased by 25.43% year to date, making it less attractive compared to peers; a hold rating is recommended.
Xcel Energy, Inc. (NASDAQ:XEL ) Q1 2025 Earnings Conference Call April 24, 2025 10:00 AM ET Company Participants Roopesh Aggarwal - VP, IR Bob Frenzel - Chairman, President & CEO Brian Van Abel - EVP & CFO Conference Call Participants Nicholas Campanella - Barclays Julien Dumoulin-Smith - Jefferies Carly Davenport - Goldman Sachs Durgesh Chopra - Evercore ISI Jeremy Tonet - J.P. Morgan David Arcaro - Morgan Stanley Anthony Crowdell - Mizuho Ryan Levine - Citi Travis Miller - Morningstar Operator Hello, and welcome to Xcel Energy First Quarter 2025 Earnings Conference Call.
Regulated Electric Industry | Utilities Sector | Mr. Robert C. Frenzel CEO | XSTU Exchange | US98389B1008 ISIN |
US Country | 11,380 Employees | - Last Dividend | 2 Jun 1998 Last Split | 24 Sep 1985 IPO Date |
Xcel Energy Inc. is a significant player in the energy sector, primarily involved in generating, purchasing, transmitting, distributing, and selling electricity through its subsidiaries. The company marks its presence across various states in the USA including Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. Founded in 1909 and with its headquarters in Minneapolis, Minnesota, Xcel Energy has diversified its energy generation sources to include a mix of renewable and non-renewable forms. Aside from its electricity services, it also engages in the natural gas market, providing comprehensive energy solutions to its extensive customer base, which ranges from residential to industrial sectors.
Xcel Energy Inc. offers a broad spectrum of energy-related products and services, categorized into distinct segments: