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Xcel Energy Inc (XEL)
About Xcel Energy Inc
Xcel Energy Inc. operates as a regulated electric and natural gas utility company serving millions of customers across eight states in the upper Midwest and western United States. The company's commitment to clean energy has made XEL stock price sensitive to renewable energy policies and utility regulation trends.
Xcel Energy generates, transmits, and distributes electricity while also providing natural gas distribution services to residential, commercial, and industrial customers. The company operates a diverse generation portfolio including natural gas, wind, solar, nuclear, and hydroelectric facilities.
The company's aggressive renewable energy expansion plans include significant investments in wind and solar generation to reduce carbon emissions and meet clean energy standards. Xcel Energy's smart grid investments and customer programs support energy efficiency and grid reliability, affecting XEL stock price performance.
Xcel Energy's regulated utility business model provides predictable cash flows and dividend growth while its clean energy leadership positions it well for the energy transition. The company's ability to balance customer affordability with environmental objectives remains important for its continued success and regulatory approval.
XEL Stock 12 Month Chart
Latest News for XEL
Shares of Xcel Energy Inc. XEL shed 1.67% to $67.56 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX rising 0.47% to 6,227.42 and ...
Xcel Energy Inc. (NASDAQ:XEL) announced on May 21 that its Board of Directors approved a quarterly dividend of 57 cents per share. This is a 4.1% increase from the previous amount, 54.75 cents.
In comparison, Xcel Energy stock has underperformed its rival WEC Energy Group, Inc. , as WEC stock has returned 35.4% over the past 52 weeks and a 13.1% gain YTD.