entergy corp (ETR) Key Developments
Entergy Corporation to Build New Projects
Apr 28 15
Entergy Corporation announced that in Texas over the next 2 years, the company have approval to build 3 230 kV transmission projects, totaling more than 65 miles of line and more than $150 million in investment. In Louisiana, the company plan to make significant investment, about $56 million, in new high-capacity transmission facilities in Amite South. In addition, the company intend to build an approximately $187 million project, including contingency, in the Lake Charles area, an action approved by the MISO board.
Entergy Corporation Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Reaffirms Earnings Guidance for the Year 2015
Apr 28 15
Entergy Corporation announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company's total operating revenues were $2,920.09 million compared with $3,208.8 million a year ago. Operating income was $542.8 million compared with $739.9 million a year ago. Income before income taxes was $453.400 million compared with $623.0 million a year ago. Net income attributable to the company was $298.05 million or $1.65 per diluted share compared with $401.2 million or $2.24 per diluted share a year ago. Net cash flow provided by operating activities was $610.9 million against $767 million a year ago. Earnings per share was $1.68 on an operational basis, compared to first quarter 2014 of $2.29.
The company affirmed its 2015 operational earnings guidance in the range of $5.10 to $5.90 per share.
Entergy to Pay Quarterly Dividend on June 1, 2015
Apr 1 15
Entergy will pay a quarterly dividend on its common stock of $0.83 per share on June 1 to shareholders of record on May 14. The energy company has maintained its dividend rate from the previous quarter.
Entergy Corporation Presents at Morgan Stanley MLP/Diversified Natural Gas, Utilities and Clean Tech Conference, Mar-05-2015
Mar 4 15
Entergy Corporation Presents at Morgan Stanley MLP/Diversified Natural Gas, Utilities and Clean Tech Conference, Mar-05-2015 . Venue: The St. Regis, New York, New York, United States.
Entergy Corporation Announces Board Appoinments
Mar 3 15
Entergy Corporation announced the election of two new members to its board of directors, Patrick J. Condon and Karen A. Puckett. Karen Puckett currently works as executive vice president and chief operating officer of CenturyLink Inc. Pat Condon currently serves on the board of directors of Cloud Peak Energy Inc. and is chairman of the audit committee and a member of the nominating and corporate governance committee.