The news regarding Xcel Energy (XEL) is a mix of operational, financial and legal stories. XEL's investment in its own operations as well as its community contributions are highlighted, with the company aggressively pursuing growth via natural gas rates and infrastructure investments. The company's financial transactions include stock acquisitions by various wealth management firms like Apollon and Jump Financial LLC, negative adjustments from Pacer Advisors and Amundi, and sell-off by Voya Investment Management. A dividend declaration and a stock buyback are also announced.
However, legal challenges present a possible obstacle. XEL faces a wildfire lawsuit on allegations of negligence, sparked by Texas' Attorney General. Despite the legalities, the company's shares receive a consensus recommendation of 'Buy' from brokerages. Financial performance is debated as Q3 earnings miss estimates, balanced by expected earnings growth predictions. Last, the company sees board changes with Maria Demaree being elected to its board of directors.
Xcel Energy XEL News Analytics from Mon, 02 Jun 2025 07:00:00 GMT to Sat, 03 Jan 2026 13:00:00 GMT - Rating -2 - Innovation 5 - Information 7 - Rumor 3
