$PNW (Pinnacle West Capital Corporation)

$PNW {{ '2015-10-30T17:48:16+0000' | timeago}} • Webcast

$PNW's utility scale program AZ Sun had two 10 MW projects in the Phoenix metro area come online in Sept. 2015, bringing the total program to 170 MW. The company also retired Cholla Unit 2, one of its coal units, as of Oct. 1, 2015, in line with the announcement a year ago as part of a broader environmental plan for the Cholla site.

$PNW {{ '2017-06-21T21:50:15+0000' | timeago}} • Announcement

$PNW declared a quarterly dividend of $0.655 per share of common stock, payable on Sept. 1, 2017, to shareholders of record on Aug. 1, 2017.

$PNW {{ '2017-05-02T13:11:44+0000' | timeago}} • Announcement

$PNW reported a jump in 1Q17 earnings driven by lower operations and maintenance expenses, lower tax rate, and higher lost fixed recovery revenue. Net income grew to $23.31MM or $0.21 per share from $4.45MM or $0.04 per share last year. Operating revenue rose to $677.73MM from $677.17MM.

$PNW {{ '2017-04-20T11:55:16+0000' | timeago}} • Announcement

$PNW BoD declared a quarterly dividend of $0.655 per share of common stock, payable on June 1, 2017, to shareholders of record on May 1, 2017.

$PNW {{ '2017-02-24T17:00:42+0000' | timeago}} • Webcast

For 2017, $PNW expects to issue up to $850MM of long-term debt, including the refinancing $125MM term loan. The company said that the proposed changes in tax reform will benefit customers.

$PNW {{ '2017-02-24T16:53:19+0000' | timeago}} • Webcast

$PNW said that it plans to spend more than $3.4Bil in capital over the next three years. Housing construction in 2016 was at its highest level since 2007. The company expects this trend to continue in 2017 as housing permits are expected to increase by about 7,000, driven largely by single family permits.

$PNW {{ '2017-02-24T14:02:02+0000' | timeago}} • Announcement

$PNW reported a 29% increase in 4Q16 profit, helped by lower operating expenses. Net income attributable to common shareholders was $53.2MM or $0.47 per share compared with $41.1MM or $0.37 per share for the same period a year ago. Operating revenue was slightly up by 0.6% to $739.2MM.

$PNW {{ '2016-12-27T12:11:54+0000' | timeago}} • Announcement

Arizona Public Service (APS), a subsidiary of $PNW, completed its 2016 "all source" request for proposals (RFP) seeking capacity resources. APS signed agreement with Arlington Valley, a subsidiary of Star West Generation, to contract for 565 megawatts of capacity from Arlington Valley combined cycle power plant beginning June 1, 2020 for 6 years.

$PNW {{ '2016-12-21T21:18:19+0000' | timeago}} • Announcement

$PNW BoD declared a quarterly dividend of $0.655 per share of common stock, payable on March 1, 2017, to shareholders of record on Feb. 1, 2017.

$PNW {{ '2016-11-03T17:12:31+0000' | timeago}} • Webcast

Regarding Integrated Resource Plan, $PNW said it has shortlisted a number of resources. The company expects to resolve this by the end of the year 2016 and announce its plan going forward.

$PNW {{ '2016-11-03T16:58:54+0000' | timeago}} • Webcast

Looking at the forecast period of 2016, 2017 and 2018, $PNW's CapEx is up around $30MM a year and most of it is distribution spend.

$PNW {{ '2016-11-03T16:25:01+0000' | timeago}} • Webcast

$PNW completed 3 high-voltage transmission lines in 2016 to support its customer growth west of Phoenix, which total $145MM of investment in the reliability of its transmission system. The company's innovative microgrid project for the Department of the Navy will begin commercial operation in Dec. at the Marine Corps Air Station in Yuma, Arizona.

$PNW {{ '2016-11-03T16:21:53+0000' | timeago}} • Webcast

$PNW continues making good progress on the installation of Selective Catalytic Reduction technology at the Four Corners plant. The company's 40 MW utility-scale solar plant Red Rock is on schedule for completion later in 2016, and its 4 MW of battery storage investments are also on track for completion in 2016 as part of the Solar Partner Program.

$PNW {{ '2016-11-03T16:08:45+0000' | timeago}} • Webcast

Although it experienced mild weather during Aug. and Sept. 2016, $PNW's positive customer growth and disciplined cost management continue to support its ability to meet its financial commitments. The company's Board also approved a 5% dividend increase effective with the Dec. payment, continuing the predictable return of capital to shareholders.

$PNW {{ '2016-11-03T14:07:56+0000' | timeago}} • Announcement

$PNW remains optimistic that the company will meet its full-year earnings guidance range. For 2016, $PNW continues to expect its on-going consolidated EPS to be within a range of $3.90-4.10 on a weather-normalized basis. The company will achieve a consolidated earned return on average common equity of more than 9.5%.

$PNW {{ '2016-11-03T14:01:37+0000' | timeago}} • Announcement

Power company $PNW reported a rise in 3Q16 earnings driven by higher lost fixed cost recovery revenue, rise in transmission revenues, lower operating expenses and retail electricity sales. Net income rose to $263.03MM or $2.35 per share from $257.12MM or $2.30 per share last year. Operating revenues fell to $1.17Bil from $1.2Bil.

$PNW {{ '2016-10-24T22:34:56+0000' | timeago}} • Announcement

$PNW elected Paula Sims, former senior executive at Progress Energy, to its board. Sims also was appointed to the board of directors of the company's principal subsidiary, Arizona Public Service Company.

$PNW {{ '2016-10-21T11:49:36+0000' | timeago}} • Announcement

The BoD of $PNW declared a quarterly dividend of $0.655 per share. This dividend is payable on December 1, 2016, to shareholders of record on November 1, 2016. The company added that its annual dividend of $0.12 per common share represents an increase of 4.8%.

$PNW {{ '2016-08-09T16:48:25+0000' | timeago}} • Webcast

Auvila Research Consulting analyst Lasan Johong questions if the credit agencies have commented on the preliminary decision of the rate case. $PNW says that the agencies haven't commented on it, but the company keeps them well informed. They are actually surprised and discouraged with the regulatory treatment regarding the rate case.

$PNW {{ '2016-08-09T16:30:30+0000' | timeago}} • Webcast

Jefferies analyst Anthony Crowdell asks for a date when $PNW expects order in its current New Mexico proceeding, and if there is an extension, when that would come out. $PNW says that at present it is set for 31st, if they could do it. And if there is an extension, it would probably be on Wednesday of next week.

$PNW {{ '2016-08-02T17:30:43+0000' | timeago}} • Webcast

SunTrust analyst Ali Agha questions $PNW whether the results are right on plan and budget through 1H16. CFO James Hatfield says that the company is meeting its expectations based on what it thought it would be in the year. The O&M is mostly fossiled maintenance and it was front end-loaded. So, there's no surprise seeing at where $PNW is today.

Recent Transcripts

HTM (U.S. Geothermal Inc.)
Friday, August 11 2017 - 3:00pm
TAC (TransAlta Corp.)
Thursday, August 10 2017 - 3:00pm
LNG (Cheniere Energy, Inc.)
Tuesday, August 8 2017 - 3:00pm
AES (The AES Corporation)
Tuesday, August 8 2017 - 1:00pm
SRE (Sempra Energy)
Friday, August 4 2017 - 4:00pm
AEE (Ameren Corporation)
Friday, August 4 2017 - 2:00pm
DYN (Dynegy Inc.)
Friday, August 4 2017 - 1:00pm
HE (Hawaiian Electric Industries Inc.)
Thursday, August 3 2017 - 7:00pm
SCG (SCANA Corp.)
Thursday, August 3 2017 - 7:00pm
PNW (Pinnacle West Capital Corporation)
Thursday, August 3 2017 - 4:00pm
PPL (PPL Corporation)
Thursday, August 3 2017 - 12:30pm
SO (Southern Company)
Wednesday, August 2 2017 - 5:00pm
AVA (Avista Corp.)
Wednesday, August 2 2017 - 2:30pm
S (Sprint Corporation)
Tuesday, August 1 2017 - 12:30pm
POR (Portland General Electric Company)
Friday, July 28 2017 - 3:00pm
PNM (PNM Resources, Inc.)
Friday, July 28 2017 - 3:00pm
PCG (PG&E Corporation)
Thursday, July 27 2017 - 3:00pm
AEP (American Electric Power Co., Inc.)
Thursday, July 27 2017 - 1:00pm
VZ (Verizon Communications Inc.)
Thursday, July 27 2017 - 12:30pm
NWE (Northwestern Corporation)
Wednesday, July 26 2017 - 7:30pm

AlphaGraphics you may like