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CEO Bob Frenzel also said Xcel is doubling down on its renewables strategy. “We believe that these large customers are absolutely committed to [the] long-term sustainability of their own product,” he said.
Xcel Energy (NASDAQ:XEL) reported first-quarter 2026 GAAP earnings of $0.89 per share and ongoing earnings of $0.91 per share, excluding two non-recurring items tied to a Prairie Island outage-related disallowance and updated insurance proceeds associated with Marshall Fire litigation. Vice Preside
Moby summary of Xcel Energy Inc.'s Q1 2026 earnings call