XEL News & Events

Xcel Energy backs FY26 ongoing EPS view $4.04-$4.16, consensus $4.11

Reports Q4 revenue $3.56B, consensus $3.78B. "In 2025, Xcel Energy delivered on our earnings guidance for the 21st year in a row - one of the best track records in the industry. We placed in service critical infrastructure to serve our customers, including Phase 2 of our Sherco Solar facility, the conversion of our Harrington coal plant to natural gas, and the first two segments of our Colorado Power Pathway. All the while, our customers continue to have some of the lowest energy bills in the country," said Bob Frenzel, chairman, president and CEO of Xcel Energy.

Xcel Energy (XEL) signed a memorandum of understanding with a subsidiary of NextEra Energy (NEE) to accelerate the delivery of generation resources to serve large load customers, including data centers. The companies expect to support opportunities across Xcel Energy's service territories through collaboration on generation, storage, and transmission investments. Key commercial terms have been agreed to in the MOU and a formal joint development agreement is expected to be executed in the coming months. Any future projects would be subject to negotiation, agreement on definitive terms, and applicable regulatory approvals.