Portland General Electric Co (POR.N)

POR.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Portland General Electric reports Q3 EPS of $0.44
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Portland General Electric Co :Portland General Electric announces third quarter 2017 results.Reaffirms FY 2017 earnings per share view $2.20 to $2.35.Q3 earnings per share $0.44.Q3 earnings per share view $0.38 -- Thomson Reuters I/B/E/S.‍settlement reached on all issues in 2018 general rate case​.‍company is reaffirming 2017 earnings guidance of $2.20-$2.35 per diluted share​.PGE joined western energy imbalance market on Oct. 1​.Q3 revenue $515 million versus $484 million year ago‍​.Sees 2017 ‍depreciation and amortization expense between $340 million and $350 million​.Sees 2017 ‍operating and maintenance costs between $555 million and $575 million​.‍PGE is engaged in bilateral negotiations with owners of existing regional resources to fill its capacity need​.Following outcome of bilateral talks & waiver process, co may request approval from OPUC to issue RFPs for remaining capacity need​.Since issuing IRP, co has identified potential benchmark wind resource that could have nameplate capacity of up to about 300 MW​.  Full Article

Portland general electric Q2 earnings per share $0.42
Wednesday, 3 Aug 2016 

Portland General Electric Co : Portland general electric announces second quarter 2016 results . Q2 earnings per share view $0.43 -- Thomson Reuters I/B/E/S . Q2 earnings per share $0.42 . Reaffirms fy 2016 earnings per share view $2.05 to $2.20 . Estimates that total final capital expenditures for carty, including afdc, will be approximately $640 million to $660 million . Total revenues for q2, 2016 decreased $22 million compared to q2 2015 . Decrease in q2 eps was due to lower load from mild weather and an increase in common shares outstanding due to new shares issued Further company coverage: [POR.N] (Bengaluru Newsroom +91 80 6749-1130; within U.S. +1 646 223 8780).  Full Article