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Consolidated Edison Inc (ED.N)

ED.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Con Edison Announces Common Share Offering
Wednesday, 8 May 2019 

May 7 (Reuters) - Consolidated Edison Inc ::CON EDISON ANNOUNCES COMMON SHARE OFFERING.SAYS OFFERING 5.80 MILLION COMMON SHARES.SAYS OFFERING 5.80 MILLION COMMON SHARES.FORWARD COUNTERPARTY HAS AGREED TO BORROW FROM THIRD PARTIES AND SELL SUCH SHARES TO WELLS FARGO SECURITIES, LLC.CON EDISON WILL NOT RECEIVE ANY PROCEEDS FROM SALE OF COMMON SHARES SOLD BY FORWARD COUNTERPARTY TO UNDERWRITER.  Full Article

Consolidated Edison Inc Reports Qtrly Total Operating Revenues Of $3,514 Mln Versus $3,364 Mln
Friday, 3 May 2019 

May 2 (Reuters) - Consolidated Edison Inc ::CONSOLIDATED EDISON INC QTRLY TOTAL OPERATING REVENUES $3,514 MILLION VERSUS $3,364 MILLION.CONSOLIDATED EDISON - AT MARCH 31, 2019, CON EDISON’S CONSOLIDATED BALANCE SHEET INCLUDED $859 MILLION OF NET NON-UTILITY PLANT RELATING TO PG&E PROJECTS.CONSOLIDATED EDISON - AT MARCH 31, CO’S CONSOLIDATED BALANCE SHEET INCLUDED $1,108 MILLION OF INTANGIBLE ASSETS RELATING TO PG&E POWER PURCHASE AGREEMENTS.CONSOLIDATED EDISON - AT MARCH 31, CO’S CONSOLIDATED BALANCE SHEET INCLUDED $1,041 MILLION OF NON-RECOURSE RELATED PROJECT DEBT.  Full Article

Con Edison Reports Q1 Earnings Per Share $1.31
Friday, 3 May 2019 

May 2 (Reuters) - Consolidated Edison Inc ::CON EDISON REPORTS 2019 FIRST QUARTER EARNINGS.REAFFIRMS FY 2019 ADJUSTED EARNINGS PER SHARE VIEW $4.25 TO $4.45.Q1 EARNINGS PER SHARE $1.31.Q1 EARNINGS PER SHARE ESTIMATE $1.37 -- REFINITIV IBES DATA.FY2019 EARNINGS PER SHARE VIEW $4.34 -- REFINITIV IBES DATA.QTRLY ADJUSTED EARNINGS WERE $448 MILLION OR $1.39 A SHARE.  Full Article

Consolidated Edison Borrowed $825 Million Pursuant To A Credit Agreement
Tuesday, 12 Feb 2019 

Feb 11 (Reuters) - Consolidated Edison Inc ::BORROWED $825 MILLION PURSUANT TO A CREDIT AGREEMENT.USED PROCEEDS FROM BORROWING TO REPAY A 6-MONTH $825 MILLION VARIABLE RATE TERM LOAN..BORROWING BEARS INTEREST AT VARIABLE RATES AND MATURES ON FEBRUARY 11, 2021.  Full Article

Con Edison Announces Proposed Common Share Offering
Wednesday, 14 Nov 2018 

Nov 13 (Reuters) - Consolidated Edison Inc ::CON EDISON ANNOUNCES PROPOSED COMMON SHARE OFFERING.CONSOLIDATED EDISON INC - COMMENCING OFFERING OF $1.05 BILLION OF ITS COMMON SHARES IN CONNECTION WITH FORWARD SALE AGREEMENTS.  Full Article

Consolidated Edison Says CEO's FY 2017 Total Compensation Was $8.7 Mln VS $9.7 Mln In FY 2016
Tuesday, 10 Apr 2018 

April 9 (Reuters) - Consolidated Edison Inc ::CONSOLIDATED EDISON INC SAYS CEO JOHN MCAVOY'S FY 2017 TOTAL COMPENSATION WAS $8.7 MLN VS $9.7 MLN IN FY 2016 - SEC FILING .  Full Article

Con Edison Reports Q4 Earnings Per Share $1.63
Friday, 16 Feb 2018 

Feb 15 (Reuters) - Consolidated Edison Inc ::CON EDISON REPORTS 2017 EARNINGS.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $4.15 TO $4.35.Q4 EARNINGS PER SHARE $1.63.PLANS TO MEET ITS 2018 CAPITAL REQUIREMENTS THROUGH INTERNALLY-GENERATED FUNDS AND ISSUANCE OF SECURITIES.QTRLY ADJUSTED EARNINGS PER SHARE ‍$0.80​.PLANS INCLUDE ISSUANCE OF BETWEEN $1,300 MILLION AND $1,800 MILLION OF LONG-TERM DEBT AT UTILITIES IN 2018.‍PLANS ALSO INCLUDE ISSUANCE OF UP TO $450 MILLION OF COMMON EQUITY IN ADDITION TO EQUITY UNDER ITS DIVIDEND REINVESTMENT.2018​ ADJUSTED EPS ‍FORECAST REFLECTS CAPITAL INVESTMENTS OF $3,969 MILLION AND OPERATIONS AND MAINTENANCE EXPENSES OF $3,095 MILLION.QTRLY ‍TOTAL OPERATING REVENUES $2,961 MILLION VERSUS $2,707​ MILLION.QTRLY NET INCOME PER DILUTED COMMON SHARE $1.62.  Full Article

Consolidated Edison Says Co, Units Entered Into An Extension Agreement
Tuesday, 9 Jan 2018 

Jan 8 (Reuters) - Consolidated Edison Inc ::CONSOLIDATED EDISON INC - CO, UNITS ENTERED INTO AN EXTENSION AGREEMENT, EFFECTIVE JANUARY 8, 2018‍​.CONSOLIDATED EDISON SAYS AGREEMENT EXTENDS TERMINATION DATE UNDER $2.25 BILLION CREDIT AGREEMENT, DATED DEC 7, 2016, TO DECEMBER 7, 2022​ - SEC FILING.  Full Article

Consolidated Edison posts Q3 earnings per share $1.48
Friday, 3 Nov 2017 

Nov 2 (Reuters) - Consolidated Edison Inc :Con Edison reports 2017 third quarter earnings.Sees FY 2017 adjusted earnings per share $4.05 to $4.15.Q3 earnings per share $1.48.Q3 earnings per share view $1.51 -- Thomson Reuters I/B/E/S.Consolidated Edison Inc - qtrly adjusted earnings per share $1.47 ‍​.Q3 earnings per share view $1.51 -- Thomson Reuters I/B/E/S.  Full Article

Con Edison announces public offering of common shares
Wednesday, 9 Aug 2017 

Aug 8 (Reuters) - Consolidated Edison Inc :Con Edison announces public offering of common shares.Consolidated Edison Inc - ‍agreed to issue 4.1 million of its common shares​.  Full Article

EQM raises cost, delays timing of Mountain Valley natural gas pipeline

June 17 EQM Midstream Partners LP said on Monday it had raised the estimated cost of its Mountain Valley natural gas pipeline from West Virginia to Virginia to $4.8-$5.0 billion and delayed the projected completion to mid-2020 due to ongoing legal and regulatory challenges.