| Market Capitalization (Millions $) |
11,989 |
| Shares
Outstanding (Millions) |
124 |
| Employees |
6,610 |
| Revenues (TTM) (Millions $) |
5,457 |
| Net Income (TTM) (Millions $) |
667 |
| Cash Flow (TTM) (Millions $) |
-4 |
| Capital Exp. (TTM) (Millions $) |
2,630 |
Business Description
Pinnacle West Capital Corporation is an integrated energy company based in Arizona. Incorporated in 1985, it primarily focuses on providing electric utility services through its main subsidiary, Arizona Public Service Company (APS), which serves the majority of Arizonas population. APS is a vertically-integrated utility, meaning it handles the generation, transmission, and distribution of electricity. While it provides services extensively across Arizona, notable exceptions include the Tucson metropolitan area and parts of the Phoenix metropolitan area.
Pinnacle West operates through several key subsidiaries and segments:
1. Regulated Electricity Segment: This segment encompasses traditional retail and wholesale electricity services, including generation, transmission, and distribution activities. The Arizona Corporation Commission (ACC) oversees the regulation of retail electric rates and the issuance of securities for APS, ensuring compliance and oversight of the utilitys operations.
2. Marketing and Trading Segment: This segment focuses on competitive energy business activities, including wholesale marketing, trading of electricity, and providing commodity-related energy services through APS Energy Services.
3. Real Estate Segment: Represented by SunCor, this segment engages in real estate development and investment activities, contributing to the overall business portfolio of Pinnacle West.
Overall, Pinnacle West Capital Corporation plays a significant role in Arizonas energy landscape, offering essential electric services while also exploring opportunities in energy services and real estate development. The companys structure allows it to adapt to changing market dynamics and regulatory environments while serving a diverse range of customers.
Company Address: 400 North Fifth Street, P.O. Box 53999 Phoenix 85072 AZ
Company Phone Number: 250-1000 Stock Exchange / Ticker: NYSE PNW
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1.46% 
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