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.

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Portland General Electric reports solid Q4 earnings amidst market challenges

Portland General Electric's Q4 2022 performance reflects resilience amidst challenges, with a strategic focus on clean energy projects and cost management strategies.
While facing inflation and market pressures, the company is actively pursuing federal funding opportunities and partnerships to ensure reliability and cost efficiency for customers.
Opportunities lie in future energy solutions, incorporating innovative technologies, and maintaining a steady earnings growth trajectory within the 5% to 7% range.

Portland General Electric (POR) reports strong Q1 earnings and growth opportunities

Portland General Electric (POR) delivered strong financial results driven by load growth and cost management.
Acquisitions of battery storage projects and strategic organizational changes position the company for growth.
Challenges include potential wildfire impacts and the need for battery resources for decarbonization plans.
Opportunities in grid stability, growth plans, and renewable energy initiatives are key focus areas.

Portland General Electric reports solid Q2 earnings amidst market challenges

Portland General Electric's Q2 performance reflected a mix of positive and challenging factors, with a focus on clean energy and sustained growth.
While facing market volatility and financial challenges, the company maintains its commitment to long-term earnings growth and value creation.
Investments in renewable resources and transmission projects signal opportunities for future growth and market integration for Portland General Electric.

Portland General Electric reports Q3 earnings decline amidst growth prospects

Portland General Electric's Q3 performance reflected a mix of challenges and strengths, with notable industrial load growth and ongoing efforts to manage customer energy usage patterns.
The company's focus on grid improvements, clean energy transition, and regulatory progress positions it well for long-term earnings growth and resilience.
Despite facing challenges from energy efficiency trends and power costs, Portland General Electric is actively pursuing opportunities for growth and grid enhancement.

Portland General Electric reports resilient performance amidst weather challenges

Portland General Electric navigated through weather challenges to deliver solid financial performance in 2023, focusing on industrial load growth and clean energy investments.
Despite facing a severe storm and increased transmission spending, the company maintains a strong liquidity position and aims for balanced growth strategies.
Opportunities lie in transmission projects, renewable development, and energy solutions to drive future growth and address evolving customer needs and market dynamics.

Portland General Electric reports robust Q1 earnings and growth plans

Portland General Electric (POR) demonstrated strong financial performance in Q1 2024 with a focus on clean energy transformation.
The company faces challenges in managing power costs and storm-related expenses while pursuing growth opportunities in battery projects and transmission investments.
Reaffirmed guidance and capital plans indicate a strategic approach to long-term earnings growth and operational excellence.

Portland General Electric (POR) reports robust Q2 earnings amidst challenges

Portland General Electric (POR) delivered strong financial results in Q2 2024, driven by industrial demand growth and cost management, amidst challenges from a regional heat wave.
The company's focus on wildfire mitigation, renewable energy projects, and operational enhancements positions it well for future growth and resilience.
With a reaffirmed guidance and strong liquidity position, Portland General Electric (POR) remains committed to sustainable growth and operational excellence.

Portland General Electric reports robust Q3 earnings and clean energy focus

Portland General Electric (POR) delivered strong financial performance in Q3 2024, driven by improved power cost performance and industrial demand growth.
The company's focus on clean energy initiatives, operational efficiencies, and customer affordability positions it well for sustainable growth and transformation.
While facing challenges in regulatory discussions and wildfire risk mitigation, POR has opportunities to expand clean energy projects, enhance stakeholder collaboration, and capitalize on industrial demand growth.
With a solid financial foundation and strategic initiatives in place, POR is poised to navigate challenges, leverage opportunities, and drive long-term value for stakeholders.

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

Portland General Electric Company (NYSE:POR ) Q3 2023 Earnings Conference Call October 27, 2023 11:00 AM ET Company Participants Nick White - Manager, Investor Relations Maria Pope - President & Chief Executive Officer Joe Trpik - Senior Vice President of Finance & Chief Financial Officer Conference Call Participants Shahriar Pourreza - Guggenheim Partners Richard Sunderland - JPMorgan Julien Dumoulin-Smith - Bank of America Nicholas Campanella - Barclays Gregg Orrill - UBS Andrew Levi - HITE Hedge Asset Management Travis Miller - Morningstar, Inc Operator Good morning, everyone. And welcome to Portland General Electric Company's Third Quarter 2023 Earnings Results Conference Call.

Portland General Electric Company (POR) Q3 2023 Earnings Call Transcript

Portland General Electric (POR) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.65 per share a year ago.

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

Reached constructive global settlement stipulation in 2024 GRC, including updates to the power cost recovery framework Third quarter results reflect challenging weather, power market volatility, and continued investment to support grid resiliency, customer growth and decarbonization Narrowing 2023 adjusted earnings guidance from $2.60 to $2.75 to $2.60 to $2.65 per diluted share to reflect the impact of third quarter power cost results PORTLAND, Ore. , Oct. 27, 2023 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today reported net income based on generally accepted accounting principles (GAAP) of $47 million, or $0.46 per diluted share, for the third quarter of 2023.

Portland General Electric Announces Third Quarter 2023 Results

Portland, Ore. , Oct. 20, 2023 /PRNewswire/ -- John O'Leary has been appointed to the Portland General Electric (NYSE:POR) ("PGE" or the "Company") board of directors, effective January 1, 2024.

John O'Leary will join Portland General Electric board of directors, effective January 1, 2024

Portland General Electric (POR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Portland General Electric (POR) to Report a Decline in Earnings: What to Look Out for

Enhancements to the Bethel-Round Butte transmission line will advance Tribal energy leadership, improve reliability, and accelerate decarbonization in Oregon WARM SPRINGS, Ore. , Oct. 18, 2023 /PRNewswire/ -- The Confederated Tribes of the Warm Springs Reservation of Oregon (CTWS) was selected to receive a $250 million grant from the U.S. Department of Energy to help advance vital transmission upgrades.

U.S. DOE grants $250M to Confederated Tribes of Warm Springs, in partnership with PGE, for critical transmission upgrades

PORTLAND, Ore. , Sept. 27, 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 Friday, October 27

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

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

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Investors looking for stocks in the Utility - Electric Power sector might want to consider either Portland General Electric (POR) or OGE Energy (OGE). But which of these two stocks presents investors with the better value opportunity right now?

POR vs. OGE: Which Stock Should Value Investors Buy Now?

Portland General Electric Company (NYSE:POR ) Q2 2023 Earnings Conference Call July 28, 2023 11:00 AM ET Company Participants Jardon Jaramillo - Senior Director, Finance Maria Pope - President and CEO Joe Trpik - Senior Vice President, Finance and CFO Conference Call Participants Julien Dumoulin-Smith - Bank of America Shahriar Pourreza - Guggenheim Partners Richard Sunderland - J.P. Morgan Anthony Crowdell - Mizuho Operator Good morning, everyone.

Portland General Electric Company (POR) Q2 2023 Earnings Call Transcript

Portland General Electric (POR) came out with quarterly earnings of $0.44 per share, missing the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.72 per share a year ago.

Portland General Electric (POR) Q2 Earnings Lag Estimates

Advanced strategic priorities, including making constructive progress in the 2024 GRC and procuring the 75 MW Evergreen battery energy storage system Second quarter results reflect robust retail deliveries growth, challenging power market conditions, prioritization of system reliability and resiliency, and execution of long-term capital investment plans Reaffirming 2023 adjusted earnings guidance of $2.60 to $2.75 per diluted share PORTLAND, Ore. , July 28, 2023 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today reported net income based on generally accepted accounting principles (GAAP) of $39 million, or $0.39 per diluted share, for the second quarter of 2023.

Portland General Electric Announces Second Quarter 2023 Results

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Investors looking for stocks in the Utility - Electric Power sector might want to consider either Portland General Electric (POR) or WEC Energy Group (WEC). But which of these two stocks is more attractive to value investors?

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

PORTLAND, Ore. , June 28, 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 Friday, July 28

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Investors interested in stocks from the Utility - Electric Power sector have probably already heard of Iberdrola S.A. (IBDRY) and Portland General Electric (POR).

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

Experienced energy executive brings over two decades of financial expertise PORTLAND, Ore. , June 15, 2023 /PRNewswire/ -- Portland General Electric (PGE) (NYSE:POR) today announced the appointment of Joseph (Joe) Trpik as chief financial officer and senior vice president, effective June 30, 2023.

Portland General Electric Names Joseph Trpik Chief Financial Officer

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Portland General Electric is expected to benefit from continued strong growth in the industrial sector. General rate case and the transition to clean energy should be growth tailwinds for the company in the coming years.

Portland General Electric: Promising Opportunities For Growth

Investors interested in stocks from the Utility - Electric Power sector have probably already heard of Portland General Electric (POR) and WEC Energy Group (WEC). But which of these two stocks is more attractive to value investors?

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

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Portland General Electric Co (NYSE:POR ) Q1 2023 Earnings Conference Call April 28, 2023 11:00 AM ET Company Participants Jardon Jaramillo - Former Controller & Assistant Treasurer Maria Pope - President, CEO & Director James Ajello - SVP, Finance, CFO, Treasurer & Corporate Compliance Officer Conference Call Participants Shahriar Pourreza - Guggenheim Securities Julien Dumoulin-Smith - Bank of America Merrill Lynch Sophie Karp - KeyBanc Capital Markets Andrew Levi - Hite Hedge Asset Management Anthony Crowdell - Mizuho Group Travis Miller - Morningstar Inc. Operator Good morning, everyone, and welcome to Portland General Electric Company's First Quarter 2023 Earnings Results Conference Call. Today is Friday, April 28, 2023.

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