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 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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, 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

American Electric Power Company

ALLETE

Avista

Bank of Hawaii

Cathay General Bancorp

Comerica

Evergy Inc

Fidelity National Financial

General Mills

Lockheed Martin

NorthWestern

Omnicom Group

Principal Financial Group

Pinnacle West Capital

Simon Property Group

Spire

Southwest Gas Hlds

U.S. Bancorp

Vanguard High Dividend Yield ETF

There are 21 stocks on my high yield watchlist for January 2022. The majority of the stocks on my watchlist are currently undervalued based on dividend yield theory.

High Yield Stock Watchlist - January 2022

Packaging Corp of America

ViacomCBS

WEC Energy Group

There are 22 stocks on my high yield watchlist for December 2021. Eight of the stocks on my watchlist are currently undervalued based on dividend yield theory.

High Yield Stock Watchlist - December 2021

Portland General Electric (NYSE:POR) reported its Q3 earnings results on Friday, October 29, 2021 at 05:00 AM. Here's what investors need to know about the announcement.

Recap: Portland General Electric Q3 Earnings

PORTLAND, Ore., Oct. 29, 2021 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today reported net income of $50 million, or 56 cents per diluted share, for the third quarter of 2021.

Portland General Electric Announces Third Quarter 2021 Results

PORTLAND, Ore., Oct. 29, 2021 /PRNewswire/ -- Dawn L.

Dawn L. Farrell will join Portland General Electric board of directors, effective January 1, 2022

PORTLAND, Ore., Oct. 15, 2021 /PRNewswire/ -- Portland General Electric today shared plans to increase the amount of clean energy it serves to customers and meet its target of reducing greenhouse gas (GHG) emissions from power served to customers by at least 80%1 by 2030, 90% by 2035 and zero emissions by 2040.

PGE Plans To Nearly Triple Clean Resources By 2030

PORTLAND, Ore., Oct. 6, 2021 /PRNewswire/ -- Today, Portland General Electric (NYSE: POR) announced it is partnering with Nest Renew from Google, a service for compatible Nest thermostats that makes it easy to support a clean energy future.1 With Nest Renew, Portland General Electric (PGE) is taking the next step toward simplifying energy management at home, deploying new tools supporting clean energy and helping customers manage their heating and cooling electricity usage for lower grid emissions or lower cost.

PGE partnering with Google on Nest Renew, a service to help customers prioritize clean energy

NextEra Energy

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

PORTLAND, Ore., Oct. 1, 2021 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today announced the successful placement of its inaugural $150 million green bonds, part of a $400 million placement of the company's first mortgage bonds with over 50 institutional investors, which closed on September 30, 2021.

As another step toward a more sustainable future, Portland General Electric announces successful placement of $150 million in green bonds following its recent closing on a $650 million sustainability-linked revolving credit facility

PORTLAND, Ore., Sept. 30, 2021 /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 29

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

Larry Neal Bekkedahl, Vice President at Portland General Electric (NYSE:POR), made a large insider sell on September 3, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Friday showed that Bekkedahl sold 5,100 shares of Portland General Electric at a price of $51.87 per share.

Vice President Of Portland General Electric Makes $264.54 Thousand Sell

Let's see if Portland General Electric (POR) stock is a good choice for value-oriented investors right now from multiple angles.

Is Portland General a Suitable Stock for Value Investors Now?

I love utility companies for their superior and often, high-yield income generation while combining this with overall conservative assets and safeties due to their operations. I own utilities in every nation I invest in - and I recently started looking into the West-coast utility Portland Electric.

Portland Electric: You Could Invest In A West-Coast Utility

PORTLAND, Ore., July 30, 2021 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today reported net income of $32 million, or 36 cents per diluted share, for the second quarter of 2021.

Portland General Electric Announces Second Quarter 2021 Results

General Electric

ABM Industries

Horace Mann Educators

Power Integrations

Shutterstock

Q.ai runs daily factor models to get the most up-to-date reading on stocks and ETFs. This time, our deep-learning algorithms have identified several U.S. small and mid cap stocks.

AI Identifies Portland General Electric Company Among U.S. Small And Mid Cap Stocks

PORTLAND, Ore., July 1, 2021 /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 30

Medtronic

DENTSPLY SIRONA

All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List.

3 Upcoming Dividend Increases Including Medtronic

PORTLAND, Ore., April 30, 2021 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today reported net income of $96 million, or $1.07 per diluted share, for the first quarter of 2021.

Portland General Electric Announces First Quarter 2021 Results

PORTLAND, Ore., April 21, 2021 /PRNewswire/ -- Daimler Trucks North America (DTNA) and Portland General Electric (PGE) opened to the public today the first-of-its-kind heavy-duty electric truck charging site, called "Electric Island.

Daimler Trucks North America, Portland General Electric open first-of-its-kind heavy-duty electric truck charging site

PORTLAND, Ore., April 1, 2021 /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, April 30

Avangrid

Improving electricity demand, stable performance, focus on domestic operations and cost reduction aid some electric utilities to surpass the S&P mark this year so far.

News for Portland General Electric Stock (POR)