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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Earnings data Q4 2024

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 (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

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

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

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

Portland General Electric Company (NYSE:POR ) Q2 2022 Results Conference Call July 28, 2022 11:00 AM ET Company Participants Jardon Jaramillo - Senior Director, Investor Relations, Treasury & Risk Management Maria Pope - President & CEO Jim Ajello - Senior Vice President-Finance, CFO & Treasurer Conference Call Participants Ryan Greenwald - Bank of America Insoo Kim - Goldman Sachs Sophie Karp - KeyBanc Anthony Crowdell - Mizuho Steve Fleishman - Wolfe Research Operator Good morning, everyone, and welcome to Portland General Electric Company's Second Quarter 2022 Earnings Results Conference Call. Today is Thursday, July 28, 2022.

Portland General Electric Company (POR) CEO Maria Pope on Q2 2022 Results - Earnings Call Transcript

Portland General Electric (POR) delivered earnings and revenue surprises of 18.03% and 3.96%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Portland General Electric (POR) Q2 Earnings and Revenues Beat Estimates

Revising 2022 GAAP basis earnings guidance from $2.50 to $2.65 to $2.60 to $2.75 per diluted share; initiating non-GAAP basis adjusted full-year 2022 earnings guidance of $2.74 to $2.89 which reflects the exclusion of previously disclosed deferral reductions related to 2020 Continued strong energy delivery and customer growth, coupled with favorable power cost conditions Filed for amortization of 2021 Power Cost Adjustment Mechanism, 2020 Labor Day Wildfire and February 2021 Ice Storm deferrals PORTLAND, Ore. , July 28, 2022 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today reported net income based on generally accepted accounting principles (GAAP) of $64 million, or $0.72 per diluted share, for the second quarter of 2022.

Portland General Electric Announces Second Quarter 2022 Results

IDACORP

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

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

PORTLAND, Ore. , June 28, 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 Thursday, July 28

Portland General Electric Company (NYSE: POR) shares are trading higher by 6.32% to $49.97 after the stock was selected to join the S&P Midcap 400. Portland General Electric Company will replace Digital Turbine Inc (NASDAQ: APPS) in the S&P MidCap 400.

Why Portland General Electric Company Shares Are Rising Today

S&P Global

NEW YORK , June 24, 2022 /PRNewswire/ -- Portland General Electric Co. (NYSE: POR) will replace Digital Turbine Inc. (NASD: APPS) in the S&P MidCap 400, and Digital Turbine will replace Tivity Health Inc. (NASD: TVTY) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, June 29. Stone Point Capital LLC is acquiring Tivity Health in a deal expected to be completed on June 28.

Portland General Electric Set to Join S&P MidCap 400; Digital Turbine to Join S&P SmallCap 600

FedEx

Medtronic

All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 22.1% and a median increase of 7.9%. I've tracked 300 increases in 2022, 211 increases in Q1 2022, and 94 in Q2.

3 Upcoming Dividend Increases Including FedEx's Monster Hike

Portland General Electric Company (NYSE:POR ) Q1 2022 Earnings Conference Call April 28, 2022 11:00 AM ET Company Participants Jardon Jaramillo - Senior Director, Investor Relations, Treasury & Risk Management Maria Pope - President & CEO Jim Ajello - Senior Vice President-Finance, CFO & Treasurer Conference Call Participants Insoo Kim - Goldman Sachs Peter Bourdon - Mizuho Ryan Greenwald - Bank of America Sophie Karp - KeyBanc Travis Miller - Morningstar Aditya Gandhi - Wolfe Research Nicholas Campanella - Credit Suisse Disclaimer*: This transcript is designed to be used alongside the freely available audio recording on this page. Timestamps within the transcript are designed to help you navigate the audio should the corresponding text be unclear.

Portland General Electric Company (POR) CEO Maria Pope on Q1 2022 Results - Earnings Call Transcript

Portland General Electric (POR) delivered earnings and revenue surprises of -21.18% and 0.02%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Portland General Electric (POR) Q1 Earnings Miss Estimates

Continued strong energy deliveries and customer growth amid challenging cost pressures Issued RFP shortlist results for renewable and non-emitting capacity resources with project selection targeted by the end of 2022 Revising 2022 earnings guidance from $2.75 to $2.90 to $2.50 to $2.65 per diluted share, to reflect reductions to 2020 regulatory deferrals PORTLAND, Ore. , April 28, 2022 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today reported net income of $60 million, or $0.67 per diluted share, for the first quarter of 2022.

Portland General Electric Announces First Quarter 2022 Results

In my last article/s on Portland General Electric, I established a solid thesis that called the company first a "BUY" and then a "HOLD". The PT and upside for the company is a narrow thing. But following a guidance update and some market uncertainty as well as the overall Russia situation, things look different.

Portland General Electric: Slight Bump In Forecast, Moving To A Weak 'Buy'

PORTLAND, Ore. , April 4, 2022 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today provided notice of proposed settlement of derivative actions and settlement hearing.

Notice of proposed settlement of Portland General Electric Company derivative actions and settlement hearing

PORTLAND, Ore. , March 28, 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 Thursday, April 28

PORTLAND, Ore., March 8, 2022 /PRNewswire/ -- Portland General Electric (PGE) released its 2021 Environmental, Social and Governance (ESG) Report, an annual report that highlights PGE's programs leading the clean energy future which includes its commitment to sustainability.

PGE highlights Environmental, Social and Governance (ESG) progress in 2021 report

PORTLAND, Ore., Feb. 17, 2022 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today reported net income based on generally accepted accounting principles (GAAP) of $244 million, or $2.72 per diluted share, for the year ended December 31, 2021.

Portland General Electric announces 2021 financial results and initiates 2022 earnings guidance

PORTLAND, Ore., Jan. 14, 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 Thursday, February 17

ESS Tech

ESS Tech Inc (NYSE: GWH) has agreed with Portland General Electric Co (NYSE: POR) in Oregon to test and demonstrate the ESS Energy Center platform. Deal terms were not disclosed.

ESS Collaborates With Portland General Electric To Demonstrate Utility-Scale Platform

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News for Portland General Electric Stock (POR)