Latest Pinnacle West Capital Corporation News & Updates

See the latest news and media coverage for Pinnacle West. We track all announcements, press releases, and industry mentions in real time, all in one place.

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Pinnacle West Capital Corporation (Pinnacle West)

Electric utility holding company

pinnaclewest.com
Headquarters
Phoenix, United States
Founded year
1894
Company type
Public company
Number of employees
5,000–10,000
Industry
Electric Utilities

Last updated

Latest news about Pinnacle West Capital Corporation (Pinnacle West)

In short: Pinnacle West reported lower 2026 second-quarter earnings but raised its long-term sales growth outlook and announced a gas conversion plan.

Company announcements

Pinnacle West

Pinnacle West reports 2026 Q1 financial results

Net income reaches $32.9 million or $0.27 per share, up from prior year's loss, driven by warmer weather, customer growth, and higher transmission revenues. Outlook remains $4.55-$4.75 per share.

Pinnacle West

Pinnacle West declares quarterly dividend

The board declares $0.91 per share, payable June 1, 2026, to shareholders of record May 4, 2026. First-quarter results and conference call are scheduled for May 4.

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Media coverage

The Globe and Mail

Pinnacle West Raises Long-Term Sales Growth Outlook

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Seeking Alpha

Pinnacle West targets 380 MW Cholla gas conversion by 2029 while expecting 2026 EPS at top end of $4.55 to $4.75 range

Management cites TSMC's Arizona expansion driving load growth and plans up to $440 million investment for the conversion, while awaiting rate-case outcomes.

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