Last10K.com

Xcel Energy Inc (XEL) SEC Filing 10-Q Quarterly report for the period ending Sunday, September 30, 2018

Xcel Energy Inc

CIK: 72903 Ticker: XEL

Exhibit 99.01
logoa01a01a07.jpg
 
414 Nicollet Mall
Oct. 25, 2018
Minneapolis, MN 55401

XCEL ENERGY
THIRD QUARTER 2018 EARNINGS REPORT

Xcel Energy reports 2018 third quarter EPS of $0.96 per share compared with $0.97 per share in 2017.
Xcel Energy narrows its 2018 EPS guidance range to $2.45 to $2.49 from previous EPS guidance of $2.41 to $2.51.
Xcel Energy initiates 2019 EPS guidance of $2.55 to $2.65.
Xcel Energy increases its long-term EPS growth objective to 5 to 7 percent.

MINNEAPOLIS — Xcel Energy Inc. (NASDAQ: XEL) today reported 2018 third quarter GAAP and ongoing earnings of $491 million, or $0.96 per share, compared with $492 million, or $0.97 per share in the same period in 2017.

Earnings results for the quarter are a function of higher electric and natural gas margins due to favorable weather and sales growth, higher AFUDC and a lower tax rate, which were more than offset by higher depreciation, operating and maintenance, and interest expenses.
 
“Third quarter results were in line with our forecast, while our year-to-date results continue to be favorable,” said Ben Fowke, chairman, president and CEO of Xcel Energy. “We are on track to achieve our revised year-end earnings guidance, we are well positioned for the future, and we are increasing our long-term growth objective to 5 to 7 percent,”

“We reached important milestones in our strategy of expanding our clean energy portfolio and upgrading the grid, including approval of the Colorado Energy Plan and our innovative supply agreement with EVRAZ, a major Colorado employer,” said Fowke. “We also made strides in delivering new energy options and enhanced services for our customers, like our Minnesota proposal to advance the electric vehicle transition through affordable charging options and filing for approval of our RenewableConnect product in Wisconsin. These initiatives further our vision of being the preferred and trusted provider of the energy our customers need.”

At 9:00 a.m. CDT today, Xcel Energy will host a conference call to review financial results. To participate in the call, please dial- in 5 to 10 minutes prior to the start and follow the operator’s instructions.

US Dial-In:
(800) 949-2175
International Dial-In:
(323) 994-2131
Conference ID:
 3269787

The conference call also will be simultaneously broadcast and archived on Xcel Energy’s website at www.xcelenergy.com. To access the presentation, click on Investor Relations. If you are unable to participate in the live event, the call will be available for replay from 12:00 p.m. CDT on Oct. 25 through 12:00 p.m. CDT on Oct. 28.

Replay Numbers
 
US Dial-In:
(888) 203-1112
International Dial-In:
(719) 457-0820
Access Code:
 3269787


1

The following information was filed by Xcel Energy Inc (XEL) on Thursday, October 25, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one quarter to another to evaluate Xcel Energy Inc's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Xcel Energy Inc.

Continue

Assess how Xcel Energy Inc's management team is paid from their Annual Proxy

Definitive Proxy Statement (Form DEF 14A)
Screenshot example of actual Proxy Statement

Xcel Energy Inc's Definitive Proxy Statement (Form DEF 14A) filed after their 2018 10-K Annual Report includes:

  • Voting Procedures
  • Board Members
  • Executive Team
  • Salaries, Bonuses, Perks
  • Peers / Competitors

Continue

SEC Filing Tools

Rating

Learn More
Bullish Bearish Neutral
Filter Sentiment:
All
Positive
Negative
Filter Category:
All
Financial
Legal
Revenue
Other
Filter Subcategory:
All
Earnings
Expense
Dividend
Cash Flow
Product
Shares
Geography
Income
Other
Inside Xcel Energy Inc's 10-Q Quarterly Report:

Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Document And Entity Information
Consolidated Balance Sheets (Unaudited)
Consolidated Balance Sheets (Unaudited) (Parenthetical)
Consolidated Statements Of Cash Flows (Unaudited)
Consolidated Statements Of Common Stockholders' Equity (Unaudited)
Consolidated Statements Of Comprehensive Income (Unaudited)
Consolidated Statements Of Comprehensive Income (Unaudited) (Parenthetical)
Consolidated Statements Of Income (Unaudited)
Consolidated Statements Of Income (Unaudited) (Parenthetical)
Accounting Pronouncements
Accounting Pronouncements (Details)
Balance Sheet Data, Accounts Receivable (Details)
Balance Sheet Related Disclosures, Inventories (Details)
Balance Sheet Related Disclosures, Property, Plant And Equipment (Details)
Benefit Plans And Other Postretirement Benefits
Benefit Plans And Other Postretirement Benefits (Details)
Benefit Plans And Other Postretirement Benefits (Tables)
Borrowings And Other Financing Instruments
Borrowings And Other Financing Instruments (Tables)
Borrowings And Other Financing Instruments Borrowings And Other Financing Instruments, Equity Offerings (Details)
Borrowings And Other Financing Instruments Borrowings And Other Financing Instruments, Long-Term Borrowings And Other Financing Instruments (Details)
Borrowings And Other Financing Instruments, Commercial Paper (Details)
Borrowings And Other Financing Instruments, Credit Facilities (Details)
Borrowings And Other Financing Instruments, Letters Of Credit (Details)
Commitments And Contingencies
Commitments And Contingencies (Tables)
Commitments And Contingencies, Environmental Contingencies - Site Contingencies (Details)
Commitments And Contingencies, Guarantees And Indemnifications (Details)
Commitments And Contingencies, Legal Contingencies (Details)
Commitments And Contingencies, Purchased Power Agreements (Details)
Earnings Per Share
Earnings Per Share (Details)
Earnings Per Share (Tables)
Fair Value Of Financial Assets And Liabilities
Fair Value Of Financial Assets And Liabilities (Details)
Fair Value Of Financial Assets And Liabilities (Tables)
Fair Value Of Financial Assets And Liabilities Fair Value Of Financial Assets And Liabilities, Cost And Fair Value Of Rabbi Trust (Details)
Fair Value Of Financial Assets And Liabilities, Changes In Level 3 Commodity Derivatives (Details)
Fair Value Of Financial Assets And Liabilities, Cost And Fair Value Of Nuclear Decommissioning Fund (Details)
Fair Value Of Financial Assets And Liabilities, Credit Related Contingent Features (Details)
Fair Value Of Financial Assets And Liabilities, Derivative Assets And Liabilities At Fair Value (Details)
Fair Value Of Financial Assets And Liabilities, Derivative Instruments (Details)
Fair Value Of Financial Assets And Liabilities, Fair Value Of Long-Term Debt (Details)
Fair Value Of Financial Assets And Liabilities, Final Contractual Maturity Dates Of Debt Securities In Nuclear Decommissioning Fund (Details)
Fair Value Of Financial Assets And Liabilities, Impact Of Derivative Activity (Details)
Income Taxes
Income Taxes (Details)
Income Taxes (Tables)
Management's Opinion
Other Comprehensive Income
Other Comprehensive Income (Details)
Other Comprehensive Income (Reclassifications From Aoci) (Details)
Other Comprehensive Income (Tables)
Other Income, Net
Other Income, Net (Details)
Other Income, Net (Tables)
Rate Matters
Rate Matters Rate Matters - Psco (Details)
Rate Matters Rate Matters, Nsp-Wisconsin (Details)
Rate Matters, Nsp-Minnesota (Details)
Rate Matters, Sps (Details)
Revenues
Revenues (Details)
Revenues (Tables)
Segment Information
Segment Information (Details)
Segment Information (Tables)
Selected Balance Sheet Data
Selected Balance Sheet Data (Tables)
Summary Of Significant Accounting Policies

Material Contracts, Statements, Certifications & more

Xcel Energy Inc provided additional information to their SEC Filing as exhibits

Ticker: XEL
CIK: 72903
Form Type: 10-Q Quarterly Report
Accession Number: 0000072903-18-000056
Submitted to the SEC: Fri Oct 26 2018 12:31:58 PM EST
Accepted by the SEC: Fri Oct 26 2018
Period: Sunday, September 30, 2018
Industry: Electric And Other Services Combined

External Resources:
Stock Quote
Social Media

Bookmark the Permalink:
https://last10k.com/sec-filings/xel/0000072903-18-000056.htm