Power sector prepares to discuss quarterly earnings

The electric power sector is once again preparing for quarterly earnings reports. Most companies typically release earnings early in the day followed by a conference call with financial analysts that is also webcast.

Here are a few to keep an eye on in the coming weeks:

Thursday Oct. 22:

** American Electric Power (NYSE:AEP) has scheduled a quarterly earnings conference call with financial analysts at 9 a.m. EDT. The last AEP call featured discussions on everything from the Environmental Protection Agency (EPA) Clean Power Plan to electric generation policy in Ohio.

Friday Oct. 23:

** DTE Energy (NYSE:DTE) has scheduled its call for 9 a.m. Eastern. DTE is planning on expanding its natural gas power generation to serve Michigan in coming years.

Tuesday Oct. 27:

** Portland General Electric (NYSE:POR) will hold its earnings call at 11 a.m. ET. Portland General Electric is exploring plans to join the Energy Imbalance Market. The company is also well into construction of its 440-MW Carty natural gas plant.

Wednesday Oct. 28:

** NextEra Energy (NYSE:NEE) will discuss the company’s financial results during an investor presentation to be webcast live, beginning at 9 a.m. ET.

** Southern (NYSE:SO) will discuss quarterly earnings at 1 p.m. Eastern. Southern utilities are building both a coal gasification power plant in Mississippi and two new nuclear units in Georgia.

Thursday Oct. 29:

** Xcel Energy (NYSE:XEL) will hold its 3Q earnings conference call at 9 .am. 10 a.m. ET.  During the last call, Xcel Energy management discussed policy matters affecting the generating fleet in its multi-state territory.

** SCANA (NYSE:SCG) will discuss quarterly results in a 3 p.m. ET conference call. Expect much of the call to be devoted to progress at Units 2 and 3 of the V.C. Summer nuclear plant.

** IDACORP (NYSE:IDA) will discuss its third quarter results in an analyst call at 4:30 p.m. ET.

** SolarCity (NASDAQ:SCTY) will discuss earnings at 5 p.m. ET.

Friday Oct. 30:

** Calpine (NYSE:CPN) has scheduled a quarterly earnings call Oct. 30 at 9 a.m. CST (10 a.m. EST). The event will be webcast on the Calpine investor relations website. Calpine recently announced plans to buy a natural gas power plant in New Hampshire. It also recently started operation of a new gas-fired power plant in Delaware.

** PNM Resources (NYSE:PNM) will discuss earnings during an 11 a.m. conference call.

** Pinnacle West Capital Corp. (NYSE:PNW), the parent of Arizona Public Service (APS) will hold its conference call on quarterly earnings at 12 noon (ET),

Monday Nov. 2:

**Dominion Resources, (NYSE:D) and Dominion Midstream Partners, LP (NYSE:DM), will host their third-quarter earnings conference call at 10 a.m. ET. Dominion continues to build more natural gas generation in its regulated Virginia territory and its affiliate is involved in natural gas infrastructure.

Tuesday Nov. 3:

**ALLETE (NYSE:ALE) will discuss third-quarter financial results during a conference call beginning at 10 a.m. Eastern time.

Wednesday Nov. 4:

**NRG Energy (NYSE:NRG) will present the results during a conference call and webcast at 9:00 am Eastern. NRG Energy recently announced plans to sell the majority interest in its wind portfolio to affiliate NRG Yield (NYSE:NYLD).

Thursday Nov. 5:

** Talen Energy (NYSE:TLN) will discuss its quarterly earnings during a conference call that will begin at 8 a.m. Eastern time. Talen recently announced an agreement to sell off three Pennsylvania power plants.

** Duke Energy (NYSE:DUK) will hold its earnings conference call for analysts at 10 a.m. ET.

** Hawaiian Electric Industries (NYSE: HEI) will discuss earnings in a 5 p.m. ET conference call and webcast – although the company will actually release quarterly results on Oct. 30.

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.