45.10 | -0.29 / -0.64%Today’s Change | 41.51 Today|||52-Week Range 52.22 | -6.26% Year-to-Date |
SECTOR Utilities | INDUSTRY Electric Utilities | MARKET CAP $22.0B |
Company Description
Xcel Energy, Inc. operates as a holding company, which engages in the generation, purchase, transmission, distribution and sale of electricity and natural gas business through its subsidiaries. It operates through the following segments: Regulated Electric Utility, Regulated Natural Gas Utility and All Others. The Regulated Electric Utility segment generates, transmits and distributes electricity primarily in portions of Minnesota, Wisconsin, Michigan, North Dakota, South Dakota, Colorado, Texas and New Mexico. In addition, this segment includes sales for resale and provides wholesale transmission service to various entities in the United States. It also includes commodity trading operations. The Regulated Natural Gas Utility segment transports, stores, and distributes natural gas primarily in portions of Minnesota, Wisconsin, North Dakota, Michigan and Colorado. The All Others segment engages in steam, appliance repair services, nonutility real estate activities, processing solid waste into refuse-derived fuel and investments in rental housing projects that qualify for low-income housing tax credits. The company was founded in 1909 and is headquartered in Minneapolis, MN.
Employees

Shareholders
Mutual fund holders | 44.87% |
Other institutional | 29.51% |
Individual stakeholders | 0.70% |
Top Executives
Benjamin G. S. Fowke | Chairman, President & Chief Executive Officer |
Kent T. Larson | President-Group Operations & Executive VP |
Robert C. Frenzel | Chief Financial Officer & Executive Vice President |
Scott M. Wilensky | Executive Vice President & General Counsel |
Marvin E. McDaniel | Chief Administrative Officer & Executive VP |