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POR News Highlights
- POR's 30 day story count now stands at 7.
- Over the past 22 days, the trend for POR's stories per day has been choppy and unclear. It has oscillated between 1 and 2.
- The most mentioned tickers in articles about POR are DOOR, KIM and LAW.
Latest POR News From Around the Web
Below are the latest news stories about Portland General Electric Co that investors may wish to consider to help them evaluate POR as an investment opportunity.
Portland General Electric Company (POR) CEO Maria Pope On Q4 2021 Results - Earnings Call Transcript
Portland General Electric Company (POR) Q4 2021 Earnings Conference Call February 17, 2022 11:00 AM ET Company Participants Jardon Jaramillo - Senior Director, Investor Relations, Treasury & Risk Management Maria Pope - President & CEO Jim Ajello - Senior Vice President-Finance, CFO & Treasurer Conference Call Participants Insoo Kim -...
Leading our discussion are Maria Pope, president and CEO; and Jim Ajello, senior vice president of finance, CFO and Treasurer. Following the prepared remarks, we will open the line for your questions.
Portland General Electric Company (NYSE: POR) today reported net income based on generally accepted accounting principles (GAAP) of $244 million, or $2.72 per diluted share, for the year ended December 31, 2021. This compares with GAAP net income of $155 million, or $1.72 per diluted share, for the year ended December 31, 2020. After adjusting for the impact of the 2020 energy trading losses, non-GAAP net income was $247 million, or $2.75 per diluted share, for the year ended December 31, 2020.
Portland General Electric (NYSE:POR) shareholders YoY returns are lagging the company's 40% one-year earnings growth
Passive investing in index funds can generate returns that roughly match the overall market. But investors can boost...
On February 11, 2022, the board of directors of Portland General Electric Company (NYSE: POR) declared a quarterly common stock dividend of $0.43 per share.
An Oregon law adopted last year opened the door to including equity considerations in utility ratemaking, and Portland General Electric is stepping through it. The utility recently filed a proposal with regulators to offer monthly bill discounts for low-income customers. Three tiers of discounts would be offered under the PGE proposal: 25% for households at or below 30% of the state’s median income for their household size; 20% for households with incomes up to 45% of the median; and 15% for those with incomes up to 60% of the median.
The Confederated Tribes of Warm Springs have pushed their ownership stake in Portland General Electric’s Pelton Round Butte hydroelectric project in central Oregon from one-third to just shy of 50%. Both parties said the move reflects the close partnership they have forged over an energy resource type that elsewhere in the Pacific Northwest has delivered little but pain to Native Americans. “It could have been a completely different story, but we’re working together to make progress in the right direction,” James Manion, general manager of Warm Springs Power and Water Enterprises, said.
Portland General Electric's (POR) long-term investment plan and upbeat earnings growth projections make it an attractive bet at the moment.
Portland General Electric Company (NYSE: POR) announced today that it will host an analyst conference call and webcast at 11 a.m. ET on Thursday, February 17, to review its fourth quarter and full-year 2021 financial results.
ESS says it will deploy an Energy Center — the utility-scale energy-storage product that it’s banking on to drive growth — for the first time in a demonstration project with Portland General Electric. ESS (NYSE: GWH) raised $246 million in a SPAC IPO in October based on a promising long-duration storage technology developed over the course of 10 years, but with virtually no revenue. In filings, the company has said it would use the proceeds from going public to speed deployment of the Energy Center, which it called “core to our long-term growth plan.”