Latest Xcel Energy News & Updates

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

Xcel Energy (Xcel)

Electric and natural gas utility

xcelenergy.com

Headquarters: Minneapolis, United States
Company type: Public company
Number of employees: 10,000+
Industry: Multiline Utilities

Last updated Today

Latest news about Xcel Energy (Xcel)

In short: Xcel Energy reported a 2Q 2026 profit of $586 million despite lower sales, while navigating severe weather outages and grid demand peaks.

Company announcements

July 27 Xcel

Xcel proposes new generation portfolio for Texas and New Mexico

The mix includes wind, solar, battery storage, and natural gas to enhance reliability and value. Subject to approval.

July 21 Xcel

Xcel Energy completes Sherco Solar Phase 3

The Minnesota solar facility now generates 710 MW from 1.7 million panels, with a fourth phase planned by 2029.

July 1 Xcel

Xcel Energy subsidiary awarded $113 million grant for grid improvements

The grant funds three projects to strengthen electric reliability and reduce costs for over 167,000 Texas customers.

June 30 Xcel

Xcel Energy announces High Plains Solar + Battery project

The $685 million project includes a 250 MW solar facility and 200 MW battery storage, expected to power 71,000 homes annually and reduce emissions by 546,849 tons.

Media coverage

July 30 Seeking Alpha

Xcel outlines 9%+ average EPS growth through 2030 while reaffirming $4.04-$4.16 2026 ongoing EPS

Versus the prior quarter, management language shifted from "expect to deliver 9% EPS growth on average through 2030" to "expect to deliver 9-plus percent EPS...

July 30 MarketWatch

Xcel Energy 2Q Profit Rises, Sales Fall

Xcel Energy recorded higher profit and lower sales in the second quarter, as revenue from both its electric and natural gas segments fell. The utilities...

July 30 Las Vegas Sun

Xcel Energy Second Quarter 2026 Earnings Report

Xcel Energy Inc. (NASDAQ: XEL) today reported 2026 second quarter GAAP earnings of $586 million, or $0.93 per share, compared with $444 million, or $0.75...

July 29 Denver Gazette

Xcel rate settlements could raise gas and electric bills $11 a month

Pending settlements in Xcel Energy’s Colorado electric and natural gas rate cases would raise average residential bills by a combined $11.29 a month for dual-fuel...

Never miss news about Xcel

Track Xcel and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.

Xcel competitors & trending companies

Browse news for competitors to Xcel and other trending companies.