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 (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) Earnings Expected to Grow: Should You Buy?

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

Reasons to Add Pinnacle West Capital (PNW) to Your Portfolio Now

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Investors interested in stocks from the Utility - Electric Power sector have probably already heard of Pinnacle West (PNW) and NextEra Energy (NEE). But which of these two stocks presents investors with the better value opportunity right now?

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

PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp. plans to release its 2024 first-quarter financial results before the U.S. financial markets open on Thursday, May 2, 2024.

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

Pinnacle West (PNW) reported earnings 30 days ago. What's next for the stock?

Why Is Pinnacle West (PNW) Up 10.7% Since Last Earnings Report?

NiSource

Both Pinnacle West Capital (PNW) and NiSource (NI) work efficiently and continue to provide reliable service to their customers.

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

Pinnacle West Capital Corporation's Q4 2023 results were slightly better than expected, driven by record-breaking weather and increased interest expenses. Guidance for 2024 was a bit lower than expected. We look at the equity offering, credit rating changes and update our trade idea.

Pinnacle West: Equity Offering Dilution Offset By Credit Stabilization

Pinnacle West (PNW) continues to benefit from its long-term investment plans, clean power generation and expanding customer base.

Pinnacle West (PNW) Rides on Renewable Power, Customer Growth

PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp. announced that it has priced its registered public offering of its common stock.

Pinnacle West Announces Pricing of a Public Offering of 9,774,436 Shares of Common Stock

PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp. announced today that it is commencing a registered public offering of $650 million of its common stock.

Pinnacle West Announces Proposed Public Offering of $650 Million of Common Stock

Pinnacle West Capital Corporation (PNW) Q4 2023 Earnings Call Transcript

Pinnacle West's (PNW) fourth-quarter earnings were better than expected. The company has a well chalked-out capital investment plan to further strengthen its operation.

Pinnacle West (PNW) Q4 Earnings Surpass Estimates, Sales Lag

PHOENIX--(BUSINESS WIRE)--Pinnacle West full-year financial results positively impacted by the effects of weather, robust customer growth and strong operational performance.

Pinnacle West Reports 2023 Full-Year and Fourth-Quarter Results, Shares 2024 Financial Outlook

Pinnacle West Capital's (PNW) fourth-quarter results are expected to gain from expanding customer base and sales growth. Yet, rising operations and maintenance expenses might impact negatively.

What's in Store for Pinnacle West Capital (PNW) in Q4 Earnings?

Pinnacle West (PNW) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

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PHOENIX--(BUSINESS WIRE)--Pinnacle West to release its 2023 fourth-quarter and full-year financial results before U.S. financial markets open on Tuesday, Feb. 27, 2024.

Pinnacle West Sets Date for 2023 Fourth-Quarter and Full-Year Financial Results, Webcast/Conference Call

Pinnacle West Capital Corporation has suffered from aggressive regulatory challenges and valuation compression. The 5% yield and the 14X P/E are supported with a solid credit profile. Pinnacle West Capital Corporation still has risks here, and we outline the best way to play this.

Pinnacle West: Highest Yield Amongst Quality Utility Plays (Rating Upgrade)

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Investors looking for stocks in the Utility - Electric Power sector might want to consider either Allete (ALE) or Pinnacle West (PNW). But which of these two stocks offers value investors a better bang for their buck right now?

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Pinnacle West (PNW) is expected to further benefit from its long-term investment plan, clean power generation and expanding customer base.

Pinnacle West (PNW) Rides on Investments, Clean Power Generation

This is Arizona's largest electric utility, serving 1.3 million in a high population-growth state. Last year, regulators lowered the allowable return on equity, but record heat this summer offset any losses. The utility successfully sued its regulators, winning a partial reversal.

Pinnacle West: With Regulatory Problems In The Past, Nearing A Strong Entry Point

Pinnacle West Capital Corporation (NYSE:PNW ) Q3 2023 Results Conference Call November 2, 2023 12:00 PM ET Company Participants Amanda Ho - Director of Investor Relations Jeff Guldner - Chairman and CEO Andrew Cooper - CFO Ted Geisler - APS' President Jacob Tetlow - Executive Vice President of Operations Jose Esparza - Senior Vice President of Public Policy Conference Call Participants Shar Pourreza - Guggenheim Partners Nicholas Campanella - Barclays Julian Dumoulin-Smith - Bank of America Paul Patterson - Glenrock Associates Michael Lonegan - Evercore Anthony Crowdell - Mizuho Travis Miller - Morningstar Sophie Karp - KeyBanc Operator Good day, everyone. And welcome to the Pinnacle West Capital Corporation 2023 Third Quarter Earnings Conference Call [Operator Instructions].

Pinnacle West Capital Corporation (PNW) Q3 2023 Earnings Call Transcript

Pinnacle West's (PNW) third-quarter 2023 earnings and revenues increase year over year. Total operational and maintenance expenses decline during the same period.

News for Pinnacle West Capital Stock (PNW)