Power company earnings season gears up

Power companies are gearing up for a busy quarterly earnings season and you can expect energy CEOs to weigh in on everything from new infrastructure investments to whether Republican control of congress will affect new regulations issued by the federal government.

Most quarterly earnings calls are webcast on the respective companies’ investor relations website. Here are some of the entities that will soon be discussing their most recent quarter:

** CMS Energy (NYSE:CMS) will discuss its recent financial results at 9 a.m. ET on Jan. 29. CMS recently began operation of a 110-MW wind project Michigan’s Upper Thumb area.

**Xcel Energy (NYSE:XEL) has set its earnings call set for 10 a.m. ET. on Jan. 29. Xcel Energy recently said it is doing some repairs on a nuclear unit in Minnesota that should keep the unit offline for a couple of weeks.

**Arch Coal (NYSE:ACI), one of the nation’s largest coal producers, has scheduled an earnings call for Feb. 3 at 11 a.m. ET.

** Tennessee Valley Authority (TVA), the federal utility, will discuss its recent performance on Feb. 4 at 9:30 a.m. ET. TVA is reducing its reliance on coal-fired generation.

** Southern (NYSE:SO) will conduct its earnings call at 1 p.m. ET on Feb. 4. Southern is in the unique position of building both a new nuclear plant and a new coal gasification power plant.

** Entergy (NYSE:ETR) will hold its earnings call at 10 a.m. ET on Feb. 5. Entergy recently commissioned a new natural gas plant in the Southeast and also retired its Vermont Yankee nuclear plant in the Northeast.

** Northwestern (NYSE:NWE) will hold its earnings call Feb. 12 at 3:30 p.m. ET. Northwestern is buying a number of hydroelectric dams in Montana.

** DTE Energy (NYSE:DTE) will hold its earnings call at 9 a.m. ET on Feb. 13. A DTE subsidiary is seeking regulatory approvals for the purchase of a 660-MW natural gas power plant in Michigan.

** Calpine (NYSE:CPN) will hold its call at 10 a.m. ET on Feb. 13. Calpine is developing several new natural gas power plants.

** Portland General Electric (NYSE:POR) will hold its call at 11 a.m. ET on Feb. 13. The company recently started operation of a new 220-MW gas plant near Clatskanie, Ore.

ALLETE (NYSE:ALE) will discuss its results Feb. 17 at 10 a.m. ET. Subsidiary Minnesota Power recently completed a new wind power project in North Dakota.

** Duke Energy (NYSE:DUK) will discuss earnings on Feb. 18 at 10 a.m. Duke Energy Progress saw a new all-time record for winter power use on Jan. 8.

** SCANA (NYSE:SCG) will hold its earnings call Feb. 19 at 3 p.m. E.T. SCANA is majority partner in new nuclear generation in South Carolina.

** Pinnacle West Capital (NYSE:PNW) plans to hold its earnings call Feb. 20 at 11 a.m. ET. Subsidiary Arizona Public Service (APS) has been looking to decrease its coal power footprint.

**Edison International (NYSE:EIX) will hold its earnings call Feb. 24 at 5 p.m. ET. The Southern California Edison subsidiary issued a request for offers for renewable distributed generating facility in the fourth quarter.

About Wayne Barber 4201 Articles
Wayne Barber, Chief Analyst for the GenerationHub, has been covering power generation, energy and natural resources issues at national publications for more than 20 years. Prior to joining PennWell he was editor of Generation Markets Week at SNL Financial for nine years. He has also worked as a business journalist at both McGraw-Hill and Financial Times Energy. Wayne also worked as a newspaper reporter for several years. During his career has visited nuclear reactors and coal mines as well as coal and natural gas power plants. Wayne can be reached at wayneb@pennwell.com.