Pinnacle West Capital

Pinnacle West Capital Corp. is a holding company, which engages in providing energy and energy-related products. It offers regulated retail and wholesale electricity businesses and related activities, such as electricity generation, transmission and distribution through its subsidiary, Arizona Public Service Co. The company was founded on February 20, 1985, and is headquartered in Phoenix, AZ.

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Pinnacle West Capital addresses challenges, focuses on growth opportunities

Pinnacle West Capital navigated a challenging year in 2022 with a focus on operational achievements, regulatory progress, and clean energy commitments. Despite lower earnings per share, the company saw growth in customers and sales. Future opportunities include customer and sales growth projections, clean generation spending, and improving regulatory relationships.

Pinnacle West Capital excels in Q1 2023, prioritizes safety and clean energy

Pinnacle West Capital Corporation delivered a strong performance in Q1 2023, focusing on safety, clean energy, and customer satisfaction.
While facing challenges such as weather impacts and regulatory processes, the company remains proactive in addressing opportunities for growth and operational excellence.
With a strategic focus on sustainability, operational efficiency, and financial transparency, Pinnacle West is poised to navigate market challenges and drive long-term value.
Engagement with analysts and stakeholders reflects a commitment to transparency, strategic planning, and stakeholder communication.

Pinnacle West Capital adjusts guidance amidst regulatory wins and challenges

Pinnacle West Capital navigated challenges from mild weather impact with resilience, leveraging settlements and regulatory progress to maintain financial stability.
Operational excellence and strategic regulatory agreements position the company well for future growth and stability, despite challenges in earnings and expenses.
Steady customer growth and revised guidance demonstrate adaptability and proactive financial management, indicating a strategic approach to navigating market dynamics.
Adjusted EPS guidance reflects a balanced outlook considering revenue drivers, showcasing a prudent financial strategy amid evolving market conditions.

Pinnacle West Capital reports robust Q3 earnings amidst operational challenges

Pinnacle West Capital (PNW) showcased solid financial performance in Q3 2023, driven by customer growth, successful demand side programs, and increased CapEx guidance.
While facing challenges such as declining residential sales and high interest expenses, the company is focused on leveraging opportunities from efficient growth strategies and cost recovery mechanisms.
Navigating through regulatory complexities and operational challenges, Pinnacle West remains committed to delivering value to shareholders and maintaining a growth trajectory.
Strategic initiatives around clean energy goals, customer satisfaction, and financial resilience position the company well for future success amidst a dynamic market environment.

Pinnacle West Capital exceeds earnings guidance, eyes long-term growth

PNW's strong financial performance in Q4 2023 and exceeding full-year EPS guidance showcase operational efficiency and growth potential.
While facing challenges like regulatory lag and capital structure maintenance, PNW's focus on customer service and clean energy presents growth opportunities.
The company's strategic outlook for 2024 and beyond emphasizes long-term EPS growth, sales expansion, and financial stability.

Pinnacle West Capital reports improved earnings amidst regulatory challenges

Pinnacle West Capital (PNW) reported improved earnings driven by operational efficiency and a one-time gain from Bright Canyon Energy sale.
Despite challenges from weather impacts and increased expenses, the company maintained a stable investment-grade credit rating.
Opportunities lie in leveraging strong customer relations, exploring growth in Arizona's economy, and addressing regulatory lag.
The company's performance reflects a balanced approach to managing challenges and capitalizing on strengths.

Pinnacle West Capital excels in Q2, eyes growth opportunities

PNW's Q2 performance reflects operational strength, customer-centric focus, and regulatory advancements, positioning the company for sustained growth.
Strategic initiatives to enhance customer service, manage costs, and capitalize on growth opportunities underscore PNW's commitment to long-term success.
Challenges such as extreme weather impacts and regulatory complexities are being addressed through proactive measures and operational resilience.
Opportunities in sales growth, customer service enhancement, and sustainability initiatives present avenues for PNW to drive value creation and stakeholder engagement.

Pinnacle West Capital excels in Q3 performance amidst regulatory challenges

Pinnacle West Capital's Q3 2024 performance demonstrated operational excellence and strong sales growth, underpinned by a customer-centric approach. While facing regulatory challenges, the company is poised for expansion through strategic investments and cost-saving initiatives.

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Pinnacle West Capital Corp. is a holding company, which engages in the provision of energy and related products. It offers regulated retail and wholesale electricity businesses and related activities, such as generation, transmission, and distribution through its subsidiary, Arizona Public Service Co. The company was founded on February 20, 1985, and is headquartered in Phoenix, AZ.

Pinnacle West Capital's (PNW) second-quarter 2024 results are expected to gain from the new Energy Management System and customer growth.

What's in Store for Pinnacle West Capital (PNW) in Q2 Earnings?

Pinnacle West (PNW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Pinnacle West (PNW) Reports Next Week: Wall Street Expects Earnings Growth

PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp. plans to release its 2024 second-quarter financial results before U.S. financial markets open on Thursday, Aug. 1, 2024.

Pinnacle West Sets Date for 2024 Second-Quarter Financial Results, Webcast/Conference Call

Pinnacle West Capital (PNW) makes a strong case for investment, given its growth prospects, debt management, expansion of renewable portfolio and ability to increase its shareholder value.

Reasons to Buy Pinnacle West Capital (PNW) Stock Right Now

PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp. announced today that its board of directors has elected three new members to the company's board effective July 1, 2024.

Pinnacle West Appoints Three New Members to its Board of Directors

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PNW vs. OGE: Which Stock Is the Better Value Option?

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Low-beta stocks from the utilities and consumer staples sectors like Atmos Energy Corporation (ATO), Pinnacle West Capital Corporation (PNW), California Water Service Group (CWT) Utz Brands, Inc. (UTZ) and PepsiCo, Inc. (PEP) are safe bets during times of volatility.

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Why Pinnacle West (PNW) is a Top Value Stock for the Long-Term

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Here's Why Pinnacle West (PNW) is a Strong Growth Stock

Pinnacle West, the primary electric utility in Phoenix, is expected to benefit from the city's booming population and job growth. The company has a strong growth pipeline, with plans to invest in transmission and generation assets, leading to a substantial increase in its rate base. Despite its positive outlook, PNW is currently undervalued compared to its peers, making it an attractive investment opportunity.

Pinnacle West: Demand For Its Electricity Is Booming

Pinnacle West Capital Corporation reported solid Q1 2024 earnings, beating consensus estimates. The company updated its earnings guidance for 2024. We examine the Pinnacle West Capital Corporation setup in light of the macro environment and update our rating.

Pinnacle West: One Of The Best Utilities, But Fairly Valued

PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp. announced the upsizing and pricing of its offering of $475 million aggregate principal convertible senior notes due 2027.

Pinnacle West Upsizes and Prices Offering of $475 Million of 4.75% Convertible Senior Notes Due 2027

PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp. announces proposed offering of $450 million of convertible senior notes in a private placement.

Pinnacle West Announces Proposed Offering of $450 Million of Convertible Senior Notes Due 2027

Investors interested in stocks from the Utility - Electric Power sector have probably already heard of Pinnacle West (PNW) and OGE Energy (OGE). But which of these two companies is the best option for those looking for undervalued stocks?

PNW vs. OGE: Which Stock Should Value Investors Buy Now?

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Why Pinnacle West (PNW) is a Top Growth Stock for the Long-Term

Pinnacle West Capital (PNW) makes a strong case for investment, given its growth prospects, debt management, focus on clean power generation and ability to increase its shareholders' value.

Reasons to Buy Pinnacle West Capital (PNW) Stock Right Away

Why Pinnacle West (PNW) is a Top Momentum Stock for the Long-Term

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Utility and consumer staples stocks like California Water Service Group (CWT), National Grid plc (NGG), Pinnacle West Capital Corporation (PNW), Colgate-Palmolive Company (CL) and PepsiCo, Inc. (PEP) are a safe bet during times of uncertainty.

5 Safe Stocks to Buy as Consumer Sentiment Hits 6-Month Low

Pinnacle West Capital Corporation (NYSE:PNW ) Q1 2024 Earnings Conference Call May 2, 2024 10:00 AM ET Company Participants Amanda Ho - Director of Investor Relations Jeff Guldner - Chairman & Chief Executive Officer Andrew Cooper - Chief Financial Officer Conference Call Participants Michael Lonegan - Evercore ISI Alex Mortimer - Mizuho Operator Good morning, everyone, and welcome to the Pinnacle West Capital Corporation 2024 First Quarter Earnings Conference Call. At this time all participants have been placed on a listen-only mode.

Pinnacle West Capital Corporation (PNW) Q1 2024 Earnings Call Transcript

Pinnacle West's (PNW) first-quarter earnings and revenues increase year over year. Total operating expenses decline during the same period.

Pinnacle West (PNW) Q1 Earnings & Sales Surpass Estimates

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Stocks like Atmos Energy Corporation (ATO), California Water Service Group (CWT), Pinnacle West Capital Corporation (PNW), Colgate-Palmolive Company (CL) and McCormick & Company, Incorporated (MKC) are a safe bet amid sinking consumer confidence.

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Pinnacle West (PNW) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of a loss of $0.02 per share. This compares to loss of $0.03 per share a year ago.

Pinnacle West (PNW) Beats Q1 Earnings and Revenue Estimates

PHOENIX--(BUSINESS WIRE)--Pinnacle West reports improved first-quarter results that were positively impacted by customer growth, increased sales and new rates.

Pinnacle West Reports 2024 First-quarter Financial Results

Pinnacle West Capital's (PNW) first-quarter results are expected to gain from news rates and an expanding customer base. However, higher operations and maintenance expenses might impact negatively.

News for Pinnacle West Capital Stock (PNW)