The state's closure of Silicon Valley Bank leaves many questions regarding the status of early-stage renewable-energy research and development startups financed through the bank.

Sempra, the utility holding company of San Diego Gas & Electric, Southern California Gas Co. and Texas' Oncor, this week reported an 11-percent increase in annual earnings and provided updates on its subsidiaries' wildfire-hardening and green-hydrogen efforts as well as new liquefied nat…

Executives with PNM Resources, the parent company of Public Service Company of New Mexico and the Texas-based transmission and distribution utility TNMP, expect a decision on the reconsideration of the company's proposed merger with Avangrid by the end of the year.

Executives at Pinnacle West Capital Corp., the parent company of Arizona Public Service, said fallout from a rate case decided by the Arizona Corporation Commission in November 2021 made for challenges in 2022 that continue to this year.

Southern California Edison will seek this year to recover about $2 billion in costs related to 2017 and 2018 wildfire and mudslide disasters caused by its equipment.

Xcel Energy will deploy two multiday energy storage systems at retiring coal-fired power plants in Colorado and Minnesota by 2025, executives said on a Jan. 26 earnings call.

Pinnacle West Capital, the parent company of Arizona Public Service, on Nov. 3 reported lower profits compared with the same period a year ago, citing an unfavorable rate case and other factors.

Public Service Company of New Mexico achieved its first interim target of reducing carbon emissions by 60 percent compared with 2005—a milestone previously expected by 2025—in the third quarter of 2022.

Sempra executives this week were keen to describe the positive corporate moves that enabled the company to increase its earnings to $485 million in the third quarter. However, they said little about a settlement recently reached with state regulators regarding the 2015-2016 methane leak at S…

Mitigating physical and financial risk, the extension of the Diablo Canyon nuclear power plant's operating life and a plan to sell a stake in the Pacific Generation subsidiary were among the topics merged with financial results this week from PG&E Corp. leadership.

Edison International, the parent company of Southern California Edison, increased by nearly $900 million its estimated losses related to the 2017 and 2018 wildfire and mudslide events for which the utility is liable, its chief executive, Pedro Pizarro, said on a Nov. 1 earnings call.

Xcel Energy reported third-quarter profits of $649 million, or $1.18 per share, compared with $609 million, or $1.13 per share, for the same period in 2021.

Sempra signaled a strong focus on liquefied natural gas based on global demand and noted that its Texas utility helped offset millions of dollars in losses from its California assets in the second quarter.

A 2021 regulatory decision affecting cost recovery for pollution and modernization efforts at two fossil fuel-fired power plants continues to have a negative impact on financial results for the parent company of Arizona Public Service.

Southern California Edison has resolved nearly 90 percent of claims against it related to wildfire and mudslide events that occurred in 2017 and 2018.

Southern California Edison increased its estimate of total losses related to claims for 2017 and 2018 wildfire and mudslide events to nearly $8 billion following the settlement of some "exceptionally large" claims during the first quarter of 2022.

The CEO of Arizona's largest utility said he thinks the company has a solid position as it appeals a 2021 rate case decision by state regulators that drove down earnings for the first quarter of 2022.

Executives of Minneapolis, Minnesota-based Xcel Energy touted regulatory approval of its Colorado transmission expansion and favorable outcomes in recent rate cases in Colorado and New Mexico that they say will support Xcel's plan to decarbonize its eight-state system by 2050.

New Mexico's largest utility is considering another appeal to the state's high court after regulators on April 27 voted unanimously to allow Public Service Company of New Mexico to decouple revenue recovery from electricity sales only when a reduction in sales is tied to a utility's energy-e…

Sempra recently reported fourth-quarter 2021 earnings that told an investor story steeped in heavy investment of decarbonization of California's energy system and strategies for distribution of low- and zero-carbon energy.

Executives for Pinnacle West Capital Corp., the parent company of Arizona Public Service, said the Arizona Corporation Commission's November decision to reduce APS' revenue will make it difficult for the company to execute its plans and commitments in the short term as it "resets" financiall…

Edison International, the parent company of Southern California Edison, on Feb. 24 reported profits of $523 million, or $1.38 per share, for the fourth quarter of 2021. This compares with fourth-quarter profits for 2020 of $526 million, or $1.39 per share.

The chief executive of Public Service Company of New Mexico on Feb. 3 told analysts the utility has several options for addressing resource scarcity during peak demand periods this summer, but the company has not yet made a final decision on how to address an anticipated shortfall.

Xcel Energy, the Minneapolis-based parent company of Xcel Energy-Colorado and Southwestern Public Service, which serves eastern New Mexico and West Texas, on Jan. 27 posted net income of $1.6 billion, or $2.96 per share, for full-year 2021. The report reflects an increase of 6 percent compar…

Arizona Public Service executives said they plan to file a new rate case in 2022 after pursuing judicial review of certain elements in the company's most recent rate case, which resulted in a $119-million rate reduction for the utility. In the short term, however, the Nov. 2 rate case decisi…

PG&E Corp. reported a loss of $1.1 million in the third quarter, compared with profit of $83 million in the year-ago period, driven by bankruptcy-related expenses, amortization of wildfire fund contributions and other wildfire and investigation costs.

Edison International, the parent company of Southern California Edison, on Nov. 2 reported a net loss of $341 million, or 90 cents per share, for the third quarter, with adjusted core earnings of $644 million, or $1.69 per share.

Xcel Energy, the Minneapolis-based parent company of Xcel Energy-Colorado and Southwestern Public Service, which serves eastern New Mexico and West Texas, on Oct. 28 posted net income of $609 million, or $1.13 per share, for the third quarter.

PNM Resources, the parent company of Public Service Company of New Mexico, on Oct. 28 reported ongoing earnings of $118 million for the third quarter, translating to earnings per share of $1.32.

Sempra reported earnings of $1.3 billion for the first six months of the year, or $4.24 per diluted share, compared with earnings of $2.99 billion, or $9.91 per diluted share, in the first six months of last year.

PG&E Corp., the parent of Pacific Gas & Electric, on July 29 reported earnings for the second quarter. Not surprisingly, the company's July 29 earnings call focused on the financial impact of public-safety power shut-offs from wildfires and wildfire mitigation.

Edison International, the parent company of Southern California Edison, on July 29 reported second-quarter 2021 profits of $318 million, or 84 cents per share, compared with net income of $318 million, or 85 cents per share, for the same period in 2020. As adjusted, second-quarter 2021 core …

Sempra Energy on May 5 announced earnings attributable to common shares of $874 million in the first quarter, on revenues of about $3.3 billion, compared with earnings of $760 million in the same period a year ago.

PNM Resources, the parent company of Public Service Company of New Mexico, on April 30 reported profit of $17.6 million, or 20 cents per share, for the first quarter of 2021. The results show significant improvement compared with first quarter 2020, when the company posted a loss of $15.3 mi…

Pinnacle West Capital, the parent company of Arizona Public Service, on May 5 reported profit of $35.6 million, or 32 cents a share, for first quarter 2021, an increase of nearly 19 percent compared with the same period in 2020, which showed profit of $30 million, or 27 cents per share.

New PG&E Corp. CEO Patti Poppe vowed to fight charges filed against the company by the Sonoma County District Attorney in connection with the Kincade Fire, which destroyed 374 structures and injured six firefighters.

Edison International, the parent company of Southern California Edison, on April 27 reported profits of $259 million, or 68 cents per share, for the first quarter of 2021. The figures reflect a 42-percent increase over the same period in 2020, in which the company reported profits of $183 mi…

Minneapolis-based Xcel Energy on April 29 reported first-quarter profits of $362 million, or 67 cents per share, compared with $295 million, or 56 cents per share, for the same period in 2020.

New PG&E Corp. CEO Patti Poppe focused on the company's wildfire efforts and a new executive team as she announced earnings of 21 cents per share for the fourth quarter and $1.61 for the full year 2020.

PNM Resources, the parent company of Public Service Company of New Mexico, said the company does not anticipate significant financial impact to TNMP, its Texas transmission and distribution subsidiary, as a result of winter storm outages in Texas the week of Feb. 14.

Edison International, the parent company of Southern California Edison on Feb. 25 reported revenue of $1.7 billion, compared with $1.6 billion in 2019, and profits of $700 million for 2020 compared with $1.3 billion in 2019.

Pinnacle West Capital, the parent company of Arizona Public Service, on Feb. 24 reported 2020 earnings of $4.87 per diluted share compared with $4.70 per share in 2019.