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Xcel Energy Reports Strong Q2 Earnings Growth

Xcel Energy Reports Strong Q2 Earnings Growth

Xcel Energy ( (XEL) ) has released its Q2 earnings. Here is a breakdown of the information Xcel Energy presented to its investors.

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Xcel Energy Inc. is a leading utility company operating in the electric and natural gas sectors, known for its significant investments in infrastructure and renewable energy projects across the United States. In its latest earnings report, Xcel Energy announced a notable increase in its second-quarter earnings for 2025, with diluted earnings per share rising to $0.75 compared to $0.54 in the same period of 2024. The company attributed this growth to improved recovery of infrastructure investments, despite facing higher interest charges and operational expenses. Key financial highlights include a year-to-date earnings per share of $1.59, up from $1.42 in 2024, and a reaffirmation of its 2025 earnings guidance. Xcel Energy also reported substantial progress in its infrastructure projects, particularly in Texas and New Mexico, where it plans to add nearly 5,200 MW of new generation capacity. The company is also advancing its wildfire mitigation and system resiliency plans, with recent approvals from regulatory commissions in Colorado and Texas. Looking ahead, Xcel Energy remains committed to its strategic investments and infrastructure improvements, aiming to meet the growing demand for electricity while enhancing system reliability and resilience.

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