Portland General Electric

Portland General Electric Co. engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. The firm also sells electricity and natural gas in the wholesale market to utilities, brokers, and power marketers. It also serves residential, commercial and non-residential customers. The company was founded by Edward L. Eastham and Parker F. Morey in 1888 and is headquartered in Portland, OR.

Earnings data Q1 2023

Earnings data Q2 2023

Energy executive brings deep industry knowledge, strong leadership and proven operating expertise to PGE's commitment to delivering safe, reliable and affordable clean energy. PORTLAND, Ore.

Benjamin Felton joins Portland General Electric as Chief Operating Officer

I've been covering Portland General Electric for some time. My long-term RoR since I initiated my position is still negative, but I believe the time to "BUY" more has come. The company has some issues - every company does - but the relative upside and safety here is good enough for me to put money "at risk".

Portland General Electric: How About A West-Coast Utility For 2023?

PORTLAND, Ore. , March 7, 2023 /PRNewswire/ -- Portland General Electric (PGE) released its 2022 Environmental, Social and Governance (ESG) Report, an annual report that showcases PGE's programs and progress on its path towards a clean energy future that is equitable, sustainable and reliable.

PGE's annual Environmental, Social and Governance (ESG) report highlights progress in 2022

Portland General Electric Company (NYSE:POR ) Q4 2022 Results Conference Call February 16, 2023 11:00 AM ET Company Participants Jardon Jaramillo - Senior Director of Finance, Investor Relations and Risk Management Maria Pope - President and CEO Jim Ajello - SVP Finance, CFO, Treasurer and CCO Conference Call Participants Julien Dumoulin-Smith - Bank of America Sophie Karp - KeyBank Alex Mortimer - Mizuho Group Travis Miller - Morningstar Nathan Richardson - Credit Suisse James Kennedy - Guggenheim Partners Operator Good morning, everyone. And welcome to Portland General Electric Company's Fourth Quarter 2022 Earnings Results Conference Call.

Portland General Electric Company (POR) Q4 2022 Earnings Call Transcript

Full-year 2022 GAAP basis financial results of $2.60 per diluted share; full-year 2022 non-GAAP basis adjusted financial results of $2.74 per diluted share Initiating 2023 adjusted earnings guidance of $2.60 to $2.75 per diluted share and reaffirming 5% to 7% long-term earnings per share growth using 2022 non-GAAP adjusted base year 2024 test year general rate case filed, focused on capital investments and policy items to support safe, reliable and clean energy service PORTLAND, Ore. , Feb. 16, 2023 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today reported net income based on generally accepted accounting principles (GAAP) of $233 million, or $2.60 per diluted share, for the year ended December 31, 2022, which includes the $0.14 per diluted share Wildfire and COVID deferral reversal charge resulting from the Oregon Public Utility Commission's (OPUC) 2022 General Rate Case (GRC) Final Order deferral earnings test.

Portland General Electric announces 2022 financial results and initiates 2023 earnings guidance

PORTLAND, Feb. 10, 2023 /PRNewswire/ -- On February 10, 2023, the board of directors of Portland General Electric Company (NYSE: POR) declared a quarterly common stock dividend of $0.4525 per share. The company's dividend is evaluated based on capital requirements and financial performance.

Portland General Electric declares dividend

PORTLAND, Ore. , Jan. 13, 2023 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) announced today that it will host an analyst conference call and webcast at 11 a.m.

Portland General Electric schedules earnings release and conference call for Thursday, February 16

Portland General Electric: Going Up And Down, But Still Attractive

PORTLAND, Ore. , Oct. 26, 2022 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) ("PGE" or the "Company"), a fully integrated energy company, today announced that it has priced an underwritten public offering of 10,100,000 shares of its common stock, all of which are being offered in connection with the forward sale agreements described below, at a public offering price of $43.00 per share.

Portland General Electric Company Announces Pricing of a Public Offering of 10,100,000 Shares of Common Stock

Portland General Electric Company (NYSE:POR ) Q3 2022 Earnings Conference Call October 25, 2022 11:00 AM ET Company Participants Jardon Jaramillo - Senior Director, Finance, Investor Relations, and Risk Management Maria Pope - President and Chief Executive Officer Jim Ajello - Senior Vice President Finance, Chief Financial Officer, Treasurer & Corporate Compliance Officer Conference Call Participants Insoo Kim - Goldman Sachs Shahriar Pourreza - Guggenheim Partners Julien Dumoulin-Smith - Bank of America Sophie Karp - KeyBanc Anthony Crowdell - Mizuho Group Aditya Gandhi - Wolfe Research Nicholas Campanella - Credit Suisse Chris Ellinghaus - Siebert Williams Shank and Co Operator Good day, and thank you for standing by. Welcome to Portland General Electric Company's Third Quarter 2022 Earnings Results Conference Call.

Portland General Electric Company (POR) Q3 2022 Earnings Call Transcript

PORTLAND, Ore. , Oct. 25, 2022 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) ("PGE" or the "Company"), a fully integrated energy company, today announced the commencement of an underwritten public offering of $375,000,000 of shares of its common stock, all of which are being offered in connection with the forward sale agreements described below.

Portland General Electric Company Announces Public Offering of $375,000,000 of Shares of Common Stock

Portland General Electric (POR) delivered earnings and revenue surprises of 3.17% and 6.86%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Portland General Electric (POR) Q3 Earnings and Revenues Surpass Estimates

Increasing long-term EPS growth guidance to 5% to 7% from a 2022 adjusted earnings base year Collaborating with NextEra Energy Resources to construct a 311 MW wind energy facility in Eastern Montana; with 208 megawatts Company-owned Resolution of 2020 wildfire, 2021 ice storm, and 2021 power cost deferrals Reaffirming 2022 GAAP basis earnings guidance of $2.60 to $2.75 and non-GAAP basis adjusted earnings guidance of $2.74 to $2.89 PORTLAND, Ore. , Oct. 25, 2022 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today reported net income based on generally accepted accounting principles (GAAP) of $58 million, or $0.65 per diluted share, for the third quarter of 2022.

Portland General Electric Announces Third Quarter 2022 Results

PORTLAND, Ore. , Oct. 5, 2022 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) announced today that it will host an analyst conference call and webcast at 11 a.m.

Portland General Electric schedules earnings release and conference call for Tuesday, October 25

NextEra Energy

The first utility-scale facilities to co-locate wind, solar and battery storage makes the clean energy future a reality in Oregon Link for photos: Wheatridge commissioning photos LEXINGTON, Ore. , Sept. 28, 2022 /PRNewswire/ -- Today, state and local leaders joined NextEra Energy Resources, LLC, and Portland General Electric (PGE) to celebrate the commissioning of the first utility-scale energy facilities in North America to co-locate wind, solar and battery storage, generating renewable power for customers.

NextEra Energy Resources and Portland General Electric celebrate first-in-the-nation combined clean energy facilities

PORTLAND, Ore. , Sept. 27, 2022 /PRNewswire/ -- Patricia Salas Pineda has been appointed to the Portland General Electric (NYSE:POR) ("PGE" or the "Company") board of directors, effective October 1, 2022.

Patricia Salas Pineda will join Portland General Board of Directors, effective October 1

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POR vs. HE: Which Stock Is the Better Value Option?

Portland General Electric (POR) is a solid pick for your portfolio, given its rising earnings estimates, long-term investment plan and stable dividend payments.

Reasons to Buy Portland General Electric (POR) Stock Now

Portland General Electric is a utility company leader in Portland, Oregon. The upside for POR stock is too small to take the risk right now, so I give it a "Hold" rating.

Portland General Electric: Good And Safe Dividend, But Wait For The Price To Drop A Bit

Since my last article on Portland General Electric, the company has performed fairly well. The latest results were a solid beat - and the company guides FY22 above the overall forecast consensus. With Portland performing better than expected, let's look at potential RoR.

Portland General Electric - The Weak 'Buy' Pays Off Slightly

POR or HE: Which Is the Better Value Stock Right Now?

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News for Portland General Electric Stock (POR)