The Largest Companies by Market Capitalization, Revenues, Income and Employees within Electric Utilities Industry
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Marketcap |
Revenues (TTM) |
Net Income (TTM) |
Employees |
| Company |
(Millions) |
(Millions) |
(Millions) |
Number |
| Nextera Energy Inc |
$ 154,827 |
$ 26,244 |
$ 5,738 |
16,800 |
| The Southern Company |
$ 93,121 |
$ 29,117 |
$ 3,144 |
28,100 |
| Duke Energy Corporation |
$ 86,653 |
$ 30,209 |
$ 4,383 |
27,037 |
| Constellation Energy Corporation |
$ 82,430 |
$ 26,395 |
$ 761 |
13,871 |
| Sempra |
$ 57,170 |
$ 12,918 |
$ 3,367 |
15,785 |
| Vistra Corp |
$ 56,026 |
$ 16,266 |
$ 2,138 |
4,870 |
| American Electric Power Co Inc |
$ 51,146 |
$ 19,602 |
$ 2,648 |
17,250 |
| Dominion Energy Inc |
$ 47,743 |
$ 12,596 |
$ 2,435 |
17,200 |
| Public Service Enterprise Group Incorporated |
$ 45,000 |
$ 10,430 |
$ 2,032 |
12,525 |
| Pg and e Corp |
$ 43,567 |
$ 24,829 |
$ 2,761 |
28,000 |
| Xcel Energy Inc |
$ 39,403 |
$ 25,195 |
$ 1,881 |
11,311 |
| Exelon Corporation |
$ 38,001 |
$ 22,924 |
$ 2,429 |
19,962 |
| Consolidated Edison Inc |
$ 32,950 |
$ 15,036 |
$ 1,844 |
14,592 |
| Edison International |
$ 32,741 |
$ 17,321 |
$ 1,559 |
13,388 |
| Entergy Corporation |
$ 32,691 |
$ 11,862 |
$ 1,762 |
12,000 |
| Wec Energy Group Inc |
$ 30,729 |
$ 8,533 |
$ 1,290 |
7,000 |
| Dte Energy Co |
$ 25,165 |
$ 12,415 |
$ 1,531 |
9,950 |
| Ppl Corporation |
$ 24,863 |
$ 8,294 |
$ 941 |
6,629 |
| Ameren Corporation |
$ 24,535 |
$ 7,300 |
$ 1,138 |
9,244 |
| Firstenergy Corp |
$ 23,640 |
$ 13,442 |
$ 1,023 |
12,042 |
| Eversource Energy |
$ 21,510 |
$ 11,624 |
$ -542 |
10,171 |
| Central Puerto S a |
$ 21,377 |
$ 8,186 |
$ 3,810 |
1,526 |
| Bitech Technologies Corporation |
$ 20,936 |
$ 0 |
$ -1 |
- |
| Nrg Energy Inc |
$ 20,547 |
$ 28,118 |
$ 964 |
6,603 |
| Centerpoint Energy Inc |
$ 20,326 |
$ 8,567 |
$ 1,052 |
12,455 |
| Cms energy Corporation |
$ 19,549 |
$ 6,921 |
$ 886 |
9,122 |
| Algonquin Power and Utilities Corp |
$ 17,318 |
$ 2,739 |
$ -33 |
- |
| Nisource Inc |
$ 16,844 |
$ 13,782 |
$ 807 |
7,364 |
| Alliant Energy Corp |
$ 15,686 |
$ 3,965 |
$ 661 |
3,281 |
| Evergy Inc |
$ 14,519 |
$ 5,778 |
$ 866 |
4,658 |
| Avangrid Inc |
$ 14,014 |
$ 8,705 |
$ 990 |
8,000 |
| Talen Energy Corporation |
$ 11,772 |
$ 5,009 |
$ 711 |
- |
| Pinnacle West Capital Corporation |
$ 10,727 |
$ 5,021 |
$ 633 |
82 |
| Oge Energy Corp |
$ 8,523 |
$ 2,792 |
$ 388 |
6,000 |
| Brookfield Renewable Partners L p |
$ 7,116 |
$ 4,711 |
$ 138 |
3,000 |
| Idacorp Inc |
$ 6,157 |
$ 1,840 |
$ 283 |
2,157 |
| Portland General Electric Company |
$ 4,805 |
$ 3,341 |
$ 343 |
74 |
| Ormat Technologies Inc |
$ 4,800 |
$ 888 |
$ 127 |
1,576 |
| Black Hills Corporation |
$ 4,489 |
$ 2,122 |
$ 266 |
992 |
| Txnm Energy Inc |
$ 4,470 |
- |
$ 264 |
- |
| Allete Inc |
$ 3,756 |
$ 1,568 |
$ 120 |
3,700 |
| Mge Energy Inc |
$ 3,609 |
$ 670 |
$ 119 |
714 |
| Northwestern Energy Group Inc |
$ 3,340 |
$ 1,496 |
$ 227 |
1,573 |
| Otter Tail Corporation |
$ 3,269 |
$ 1,342 |
$ 972 |
2,655 |
| Avista Corporation |
$ 3,043 |
$ 1,923 |
$ 197 |
1,858 |
| Oklo Inc |
$ 2,676 |
- |
$ -523 |
40 |
| Atlantica Sustainable Infrastructure Plc |
$ 2,624 |
$ 1,102 |
$ -2 |
1,500 |
| Brazilian Electric Power Co |
$ 2,286 |
$ 7,060 |
$ 835 |
- |
| Renew Energy Global Plc |
$ 2,098 |
$ 976 |
$ 50 |
- |
| Enlight Renewable Energy Ltd |
$ 2,015 |
$ 256 |
$ 98 |
- |
| Nextera Energy Partners Lp |
$ 1,599 |
$ 1,168 |
$ 158 |
467 |
| Hawaiian Electric Industries inc |
$ 1,219 |
$ 3,694 |
$ 30 |
- |
| Unitil Corporation |
$ 930 |
$ 497 |
$ 48 |
531 |
| Nano Nuclear Energy Inc |
$ 722 |
- |
$ 0 |
- |
| Altus Power Inc |
$ 694 |
$ 186 |
$ 6 |
29 |
| Sunnova Energy International Inc |
$ 667 |
$ 810 |
$ -555 |
400 |
| Hallador Energy Co |
$ 557 |
$ 425 |
$ -21 |
936 |
| Eco Wave Power Global Ab publ |
$ 502 |
$ 0 |
$ -2 |
- |
| Genie Energy Ltd |
$ 389 |
$ 427 |
$ 4 |
192 |
| Broadscale Acquisition Corp |
$ 347 |
$ 10 |
$ 8 |
- |
| Vivopower International Plc |
$ 160 |
$ 11 |
$ -24 |
- |
| Azure Power Global Limited |
$ 108 |
$ 252 |
$ -28 |
1,391 |
| Via Renewables Inc |
$ 74 |
$ 396 |
$ 36 |
- |
| Spruce Power Holding Corporation |
$ 52 |
$ 78 |
$ -95 |
60 |
| Ocean Power Technologies Inc |
$ 28 |
$ 5 |
$ -27 |
- |
| Clean Earth Acquisitions Corp |
$ 17 |
$ 7 |
$ -17 |
- |
| Heliogen Inc |
$ 12 |
- |
$ -125 |
75 |
| Astra Energy Inc |
$ 7 |
- |
$ -8 |
- |
| Ocean Thermal Energy Corporation |
$ 2 |
- |
$ -7 |
10 |
| Aqua Power Systems Inc |
$ 0 |
- |
$ 0 |
- |
| Wisconsin Public Service Corporation |
- |
$ 1,563 |
$ 235 |
1,154 |
| Clearway Energy Inc |
- |
$ 1,314 |
$ -14 |
480 |
| Wisconsin Electric Power Company |
- |
$ 3,970 |
$ 474 |
- |
| Ipalco Enterprises Inc |
- |
$ 1,614 |
$ 161 |
- |
| Ellomay Capital Ltd |
- |
- |
$ 0 |
- |
| Energy Co Of Parana |
- |
$ 4,081 |
$ 442 |
- |
| Dpl Inc |
- |
$ 858 |
$ 24 |
- |
| Energy Co Of Minas Gerais |
- |
$ 6,548 |
$ 778 |
7,000 |
| Hydro One Inc |
- |
$ 5,974 |
$ 843 |
- |
| Tennessee Valley Authority |
- |
$ 12,314 |
$ 1,135 |
10,000 |
| Itc Holdings Corp. |
- |
$ 1,403 |
$ 421 |
- |
| Brookfield Renewable Corporation |
- |
$ 3,967 |
$ 308 |
- |
| Kenon Holdings Ltd |
- |
- |
$ -211 |
- |
| Emera Incorporated |
- |
$ 5,793 |
$ 800 |
7,400 |
| Puget Energy Inc |
- |
$ 4,221 |
$ 414 |
- |
| Cleco Corporate Holdings Llc |
- |
$ 2,174 |
$ -154 |
- |
| Berkshire Hathaway Energy Company |
- |
$ 25,577 |
$ 4,181 |
- |
| Clearway Energy Llc |
- |
$ 1,328 |
$ 68 |
1,500 |
| Pampa Energy Inc |
- |
$ 1,732 |
$ 305 |
10,000 |
| Total Electric Utilities Industry |
$ 1,324,686 |
$ 582,673 |
$ 69,102 |
428,282 |
Recent News from The Largest Companies in Electric Utilities Industry |
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Stock Market Announcement
Brookfield Renewable Partners L.P. to Issue C$200 Million of Green Subordinated Hybrid Notes, Amidst Recent Corporate UpdatesBrookfield Renewable Partners L.P. (TSX: BEP.UN; NYSE: BEP) has recently announced plans to issue C$200 million of green subordinated hybrid notes. This strategic financial move is part of Brookfield s longstanding commitment to su...
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Business Update
Empowering Tomorrow?s Energy Workforce: Avangrid?s Commitment to Training and Sustainable Solutions In the burgeoning landscape of sustainable energy, Avangrid, Inc. is carving out a significant niche as a leader in both innovation and workforce development. As part of the Iberdrola Group, this Oregon-based company has reinforced its dedication to sustain...
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Announcement
Detroit, Dec. 4, 2024 In a recent announcement, DTE Energy s Board of Directors revealed that the company s 2025 Annual Meeting of Common Stock Shareholders is scheduled for Thursday, May 8. This meeting will provide shareholders an opportunity to discuss the company s ongoing projects and strategic initiatives aimed at enhancing its operational effici...
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Business Update
Crafting the Future: Avangrid s Investment in State-of-the-Art Training for Renewable Energy Technicians In an era where the transition to renewable energy is paramount for addressing climate change, companies like Avangrid are at the forefront, equipping their workforce with the skills necessary to lead this transformation. Avangrid, Inc. (NYSE: AGR), a ...
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Business Update
Portland, Ore. In a formidable stride toward sustainable energy, Avangrid, Inc. (NYSE: AGR), a prominent figure in the renewable energy sector and an esteemed member of the global energy leader Iberdrola Group, along with Portland General Electric (PGE) (NYSE: POR), have announced a significant collaboration with QTS and Meta. The partnership is set to...
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Business Update
In a significant move towards renewable energy expansion, Avangrid, Inc. and Portland General Electric (PGE) have announced their collaboration on an ambitious solar energy project in Morrow County, Oregon. Titled Tower Solar, this new facility will boast a capacity of 120 MWac (166 MWdc) and is set to bolster Oregon s clean energy efforts while providing...
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Business Update
In a bold move signaling a commitment to renewable energy expansion, Spruce Power Holding Corporation (NYSE: SPRU) has announced the acquisition of a substantial residential solar portfolio from NJR Clean Energy Ventures (CEV), a valued subsidiary of New Jersey Resources Corporation (NYSE: NJR). With a price tag of $132.5 million, this strategic acquisiti...
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Business Update
In a significant transaction that underscores the increasing consolidation in the renewable energy sector, Spruce Power Holding Corporation (NYSE: SPRU), based in Denver, has announced the acquisition of a substantial residential solar portfolio from NJR Clean Energy Ventures (CEV), a subsidiary of New Jersey Resources Corporation (NYSE: NJR). As of Novem...
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Announcement
In a bold move to empower community-driven change, the DTE Energy Foundation has announced the recipients of its inaugural $300,000 Community Transformation Grant Program. This initiative aims to uplift and transform various communities across Michigan through the support of twelve nonprofit organizations. Each selected nonprofit will receive a portion of...
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Business Update
In a notable development for the advanced nuclear technology sector, Oklo Inc. (NYSE: OKLO) has proposed an all-stock acquisition of Atomic Alchemy Inc. This strategic maneuver aligns with the company s vision to strengthen its position in the nuclear energy landscape. Just recently, Atomic Alchemy signed a Memorandum of Understanding (MOU) with Zeno Powe...
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Announcement
DTE Energy Announces $100 Million Investment to Upgrade Electric Grid and Enhance Reliability In a bold move to improve the reliability of its electric service and reduce outage frequency, DTE Energy has announced an additional $100 million investment aimed at rebuilding the electric grid. This investment is part of the company s broader commitment to enh...
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Dividend
SPOKANE, Wash. On November 14, 2024, Avista Corporation s board of directors announced a quarterly dividend of $0.475 per share on the company?s common stock. This dividend, a token of the company?s continuous commitment to shareholder returns, will be payable on December 13, 2024, to shareholders of record at the close of business on November 26, 2024....
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Product Service News
New Zealand, a nation celebrated for its stunning landscapes and commitment to environmental sustainability, takes another leap towards a greener future with a groundbreaking project involving Ormat Technologies and Contact Energy. The U.S.-based Ormat Technologies announced a significant milestone, securing an Engineering, Procurement, and Construction (...
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Business Update
NRG Energy, Inc. (NYSE: NRG), a leading integrated power company, today reported strong financial results for the third quarter of 2024. The company further solidified its dominant position in the energy sector by reaffirming its raised guidance ranges for 2024 and initiating new guidance for 2025. According to Larry Coben, NRG s Chair, President, and Chi...
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Financing Agreement
In an era of escalating demand for renewable energy solutions, Enlight Renewable Energy (NASDAQ: ENLT, TASE: ENLT.TA) is making substantial strides in its mission to increase the dependence on sustainable energy sources. The companyns recent strategic maneuvers reveal a two-pronged approach: a newly inked Power Purchase Agreement (PPA) for its Snowflake A...
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Business Update
In a significant move to bolster its financial position, Xcel Energy Inc. (NASDAQ: XEL) has successfully closed its registered underwritten offering of 18,320,610 shares of common stock, generating net proceeds of approximately $1.18 billion. This transaction, which includes a forward component, reflects the company s strategy to enhance its capital struc...
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Business Update
In a notable development within the energy sector, Xcel Energy Inc. (NASDAQ: XEL), a leading utility provider, recently announced the closing of its registered underwritten offering of 18,320,610 shares of common stock. This strategic move is set to generate approximately $1.18 billion in net proceeds, further enabling the company to enhance its capital s...
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Partnership
In a strategic move to bolster its electricity transmission capabilities, Avista Utilities has committed to a nonbinding memorandum of understanding (MOU) to secure a 10% ownership stake in the North Plains Connector transmission line. This announcement represents a significant step forward in the collaborative efforts between Avista, Portland General Ele...
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Management Announcement
As utilities across the United States grapple with the complex duality of expanding infrastructure needs and the growing demand for reliable energy, Avista Utilities stands at the forefront, striving to balance operational viability with community support. The Spokane-based utility has recently filed a request to recover costs associated with its investme...
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Announcement
As Michigan braces for colder-than-average winter temperatures this season, energy provider DTE Energy is urging customers to prepare for increased energy usage and potentially higher utility bills. The company has launched initiatives to connect customers with resources and information to help them manage their energy consumption effectively, aiming to a...
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Sunnova Energy International Inc
As we analyze the recent financial results of Sunnova Energy International Inc., the picture painted is not one of unbridled optimism but rather a stark reminder of the challenges the company faces in a competitive market. Despite posting a revenue increase, the troubling growth in net losses and a significant decline in stock performance relative to mark...
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Via Renewables Inc
Financial News Report: Via Renewables Inc. Reports Significant Losses in Q3 2024Via Renewables Inc. (VIASP) has reported a challenging third quarter for the financial year ending September 30, 2024, with significant declines in earnings and revenue compared to the same period last year. The company revealed a loss of $0.17 per share, contrasting sharply w...
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Business Update
Alliant Energy Makes Strides in Corporate Responsibility and Dividend Performance Amidst ESG Commitments MADISON, Wis. Alliant Energy Corporation (NASDAQ: LNT) has released its latest Corporate Responsibility Report (CRR), showcasing the company s commitments and progress in environmental, social, and governance (ESG) initiatives. The report underscores...
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Business Update
Altus Power (NYSE: AMPS), the industry leader in commercial-scale clean electric power, continues to chart a dynamic course in the renewable energy sector, as evidenced by its recent advancements and strategic initiatives. Based in Stamford, Connecticut, Altus Power has become a formidable player in the solar energy market, recently announcing the success...
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Dividend
On October 30, 2024, Unitil Corporation (NYSE: UTL), a key player in the utility sector, announced a quarterly common stock dividend of $0.425 per share. This payout will be distributed on November 29, 2024, to shareholders who are on record as of November 14, 2024. With this declaration, Unitil boasts an effective annualized dividend rate of $1.70 per sh...
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Management Announcement
In a world increasingly driven by sustainability and corporate responsibility, Unitil Corporation (NYSE: UTL) has made...
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Dividend
Black Hills Corp: A Dividend Announcement Amid Fluctuating Stock PerformanceIn a recent press release, Black Hills Corporation (Ticker: BKH) highlighted two significant developments that have piqued the interest of investors and market analysts alike. Firstly, the firm announced its quarterly dividend, which is expected to provide a stable source of incom...
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Avangrid Inc
Avangrid Inc. Reports Stellar Q3 Results: A Bullish Outlook for InvestorsIn an impressive display of growth and resilience, Avangrid Inc. (NYSE: AGR) has announced its third-quarter financial results for 2024, reflecting robust performance across various sectors of its business. The company reported a staggering 253.33% increase in earnings per share (EPS...
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Nextera Energy Partners Lp
Nextera Energy Partners LP Reports Disappointing Q3 2024 Results Amid Market ChallengesNextera Energy Partners LP (NEP) has recently released its financial results for the third quarter of 2024, revealing a stark deterioration in performance compared to the same period a year prior. The company reported a net shortfall of $-0.43 per share, a significant ...
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Business Update
Altus Power Charts a New Course: Navigating Strategic Alternatives in the Clean Energy Landscape By , CSIMarket.com Contributor In an era where sustainability and clean energy are not merely buzzwords but vital components of responsible business strategy, Altus Power (NYSE: AMPS) is strategically positioning itself for future success. The Stamford-base...
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