Less Than Two Hours Before The NASDAQ Open, Xcel Energy Is Down By 4%

(VIANEWS) – The NASDAQ opens in less than two hours and Xcel Energy‘s pre-market value is already 4.91% down.

Xcel Energy’s last close was $67.24, 13.42% under its 52-week high of $77.66.

The last session, NASDAQ ended with Xcel Energy (XEL) falling 0.1% to $67.24. NASDAQ jumped 2.48% to $11,717.28, after four sequential sessions in a row of gains, on what was an all-around bullish trend exchanging session.

About Xcel Energy

Xcel Energy Inc., through its subsidiaries, generates, purchases, transmits, distributes, and sells electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through coal, nuclear, natural gas, hydroelectric, solar, biomass, oil, wood/refuse, and wind energy sources. It also purchases, transports, distributes, and sells natural gas to retail customers, as well as transports customer-owned natural gas. In addition, the company develops and leases natural gas pipelines, and storage and compression facilities; and invests in rental housing projects, as well as procures equipment for the construction of renewable generation facilities. It serves residential, commercial, and industrial customers in the portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. The company sells electricity to approximately 3.7 million customers; and natural gas to approximately 2.1 million customers. Xcel Energy Inc. was incorporated in 1909 and is headquartered in Minneapolis, Minnesota.

Earnings Per Share

As for profitability, Xcel Energy has a trailing twelve months EPS of $2.9.

PE Ratio

Xcel Energy has a trailing twelve months price to earnings ratio of 23.19. Meaning, the purchaser of the share is investing $23.19 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.85%.

Sales Growth

Xcel Energy’s sales growth is 2.7% for the ongoing quarter and negative 4.2% for the next.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Dec 27, 2022, the estimated forward annual dividend rate is 1.95 and the estimated forward annual dividend yield is 2.87%.

Volume

Today’s last reported volume for Xcel Energy is 4209496 which is 0.67% below its average volume of 2629140.

Yearly Top and Bottom Value

Xcel Energy’s stock is valued at $67.24 at 08:14 EST, way below its 52-week high of $77.66 and way higher than its 52-week low of $56.89.

More news about Xcel Energy (XEL).

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