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Last $35.97 USD
Change Today +0.76 / 2.16%
Volume 148.4K
POR On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 11:04 AM 05/4/15 All times are local (Market data is delayed by at least 15 minutes).

portland general electric co (POR) Snapshot

Open
$35.20
Previous Close
$35.21
Day High
$35.99
Day Low
$35.20
52 Week High
01/28/15 - $41.04
52 Week Low
08/4/14 - $31.41
Market Cap
2.8B
Average Volume 10 Days
812.6K
EPS TTM
$2.07
Shares Outstanding
78.3M
EX-Date
03/23/15
P/E TM
17.4x
Dividend
$1.12
Dividend Yield
3.11%
Current Stock Chart for PORTLAND GENERAL ELECTRIC CO (POR)

portland general electric co (POR) Related Businessweek News

No Related Businessweek News Found

portland general electric co (POR) Details

Portland General Electric Company, an integrated electric utility, engages in the generation, purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. The company operates six thermal plants; seven hydroelectric plants; and two wind farms, including the Biglow Canyon wind farm and the Tucannon River wind farm. It has approximately 26,880 circuit miles of primary and secondary distribution lines. As of December 31, 2014, it owned an electric transmission system comprising 1,162 circuit miles, including 212 circuit miles of 500 kilovolt line, 402 circuit miles of 230 kilovolt line, and 548 miles of 115 kilovolt line. The company also purchases and sells electricity and natural gas in the wholesale market to utilities, brokers, and power marketers in the United States and Canada. As of February 13, 2015, it served approximately 842,000 residential, commercial, and industrial customers in the Portland/Salem metropolitan area of Oregon. The company was founded in 1930 and is headquartered in Portland, Oregon.

2,600 Employees
Last Reported Date: 02/13/15
Founded in 1930

portland general electric co (POR) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $789.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $357.5K
Senior Vice President of Power Supply, Power ...
Total Annual Compensation: $451.1K
Vice President, General Counsel and Corporate...
Total Annual Compensation: $367.1K
Vice President of Nuclear & Power Supply/Gene...
Total Annual Compensation: $322.0K
Compensation as of Fiscal Year 2014.

portland general electric co (POR) Key Developments

Portland General Electric Company Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Revised Earnings Guidance for the Year 2015

Portland General Electric Company reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported revenues, net of $473 million compared to $493 million a year ago. This decrease was primarily driven by $22 million decrease in retail revenues resulting from a $16 million decrease from lower energy deliveries due to significantly warmer weather, and a $6 million decrease from various supplemental tariff changes relating to the amortization of regulatory reliabilities. Income from operations was $85 million compared to $98 million a year ago. Income before income tax expense was $60 million compared to $78 million a year ago. Net income was $50 million or $0.62 per diluted share compared to $58 million or $0.73 per diluted share a year ago. Net cash provided by operating activities was $134 million compared to $158 million a year ago. Capital expenditures were $178 million compared to $185 million a year ago. The decrease in earnings was a result of significantly lower retail revenue due to lower energy deliveries. Decreased energy deliveries were driven by significantly warmer weather during the first quarter of 2015 compared to the first quarter of 2014. The company revised 2015 earnings guidance from the previously reported range of $2.20 to $2.35 per diluted share to $2.05 - $2.20 per diluted share. The decrease in net income quarter over quarter and revised guidance is due to significantly lower retail revenues from warmer weather, which impacted first quarter 2015 financial results by approximately $0.20 per diluted share. Depreciation and amortization expense between $300 and $310 million and capital expenditures of approximately $609 million.

Stephen M. Quennoz to Retire as Vice President, Nuclear and Power Supply/Generation of Portland General Electric Company, Effective September 30, 2015

On March 26, 2015, Stephen M. Quennoz, vice president, Nuclear and Power Supply/Generation of Portland General Electric Company, notified the company of his decision to retire effective September 30, 2015. Mr. Quennoz. He has been an employee of the company for over 24 years.

Portland General Electric Company to Report Q1, 2015 Results on Apr 28, 2015

Portland General Electric Company announced that they will report Q1, 2015 results at 11:00 AM, US Eastern Standard Time on Apr 28, 2015

 

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Industry Analysis

POR

Industry Average

Valuation POR Industry Range
Price/Earnings 17.0x
Price/Sales 1.5x
Price/Book 1.4x
Price/Cash Flow 5.9x
TEV/Sales 0.1x
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