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Entergy Corporation ETR - News Analyzed: 3,867 - Last Week: 100 - Last Month: 500

↗ Entergy Corporation ETR Sees Executive Retirements, Insider Stock Sales, and Positive Corporate Initiatives

Entergy Corporation ETR Sees Executive Retirements, Insider Stock Sales, and Positive Corporate Initiatives
Rod West is retiring from Entergy Corporation. The company has made several changes to its executive team, including appointing Liz Hunter as Vice President of Investor Relations. Over the past months, there were notable insider share transactions. COO Peter S Jr Norgeot and CEO Andrew Marsh sold company shares worth over $1 million, and other executives also executed significant stock sales. Entergy reported its 2023 financial results, initiating 2024 guidance, and it recently announced its Q1 2024 earnings. Entergy is planning to develop up to 4.5 GW of new solar and energy storage projects with NextEra Energy Resources. Barclays has raised Entergy's stock to Overweight and increased the price target citing storm resilience. Entergy's quarterly dividends are an attraction for investors. In the social responsibility aspect, Entergy is making significant contributions, like a 10-year, $20M commitment to empower Historically Black Colleges and Universities and students. It has also been providing funds for vulnerable customers and hurricane relief. Moving forward, there's agreement to sell their gas distribution business to Bernhard Capital Partners.

Entergy Corporation ETR News Analytics from Tue, 21 Sep 2021 07:00:00 GMT to Sun, 29 Sep 2024 09:01:21 GMT - Rating 3 - Innovation -4 - Information 7 - Rumor -2

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