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Portland GE ( (POR) ) has issued an announcement.
Portland General Electric announced its 2024 financial results with GAAP net income of $313 million, or $3.01 per diluted share, and non-GAAP adjusted net income of $327 million, or $3.14 per diluted share. The company outlined key achievements in 2024, including significant investments in clean energy resources, battery storage, and grid resiliency. For 2025, PGE has initiated an earnings guidance of $3.13 to $3.33 per diluted share and continues to focus on enhancing operational reliability and resilience, with plans for further capital investment and wildfire risk mitigation.
More about Portland GE
Portland General Electric Company (NYSE: POR) operates in the electric utility industry, providing electricity and energy services to customers in Oregon. The company focuses on grid modernization, renewable energy integration, and mitigating wildfire risks as part of its market strategy.
YTD Price Performance: -2.52%
Average Trading Volume: 1,081,221
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.44B
For an in-depth examination of POR stock, go to TipRanks’ Stock Analysis page.
