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 on Thursday posted a 22% rise in third-quarter profit as the utility got a boost from higher electricity demand due to extreme hot weather.

Pinnacle West profit climbs 22% as summer heat drives electricity demand

PHOENIX--(BUSINESS WIRE)--Record-setting summer heat drives quarter-over-quarter earnings improvement for Pinnacle West Capital Corp.

Pinnacle West Reports 2023 Third-Quarter Results

Pinnacle West Capital's (PNW) third-quarter 2023 results are expected to benefit from expanding customer base and sales growth.

What's in Store for Pinnacle West Capital (PNW) in Q3 Earnings?

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Ready for the Utilities Rebound? Here Are the Best Picks

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Investors with an interest in Utility - Electric Power stocks have likely encountered both Allete (ALE) and Pinnacle West (PNW). But which of these two stocks presents investors with the better value opportunity right now?

ALE or PNW: Which Is the Better Value Stock Right Now?

Pinnacle West (PNW) continues to increase shareholders' value as its board of directors approves a 1.7% quarterly dividend hike.

Pinnacle West (PNW) Rewards Shareholders With 1.7% Dividend Hike

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Investors looking for stocks in the Utility - Electric Power sector might want to consider either Pinnacle West (PNW) or IdaCorp (IDA). But which of these two stocks is more attractive to value investors?

PNW or IDA: Which Is the Better Value Stock Right Now?

The heavy selling pressure might have exhausted for Pinnacle West (PNW) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Here's Why Pinnacle West (PNW) is Poised for a Turnaround After Losing -6.19% in 4 Weeks

PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp. plans to release its 2023 third-quarter financial results before U.S. financial markets open on Thursday, Nov. 2, 2023.

Pinnacle West Sets Date for 2023 Third-Quarter Financial Results, Webcast/Conference Call

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Investors looking for stocks in the Utility - Electric Power sector might want to consider either E.ON SE (EONGY) or Pinnacle West (PNW). But which of these two stocks presents investors with the better value opportunity right now?

EONGY or PNW: Which Is the Better Value Stock Right Now?

Pinnacle West has outperformed the broader utility index ETF by 25% over the last 20 months. The stock even shrugged off the poor earnings in Q2-2023. We examine the setup and tell you whether this is worth buying today.

Pinnacle West: Stellar Outperformance Amongst Utilities

Investors with an interest in Utility - Electric Power stocks have likely encountered both Pinnacle West (PNW) and IdaCorp (IDA). But which of these two companies is the best option for those looking for undervalued stocks?

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

Investors with an interest in Utility - Electric Power stocks have likely encountered both E.ON SE (EONGY) and Pinnacle West (PNW). But which of these two stocks is more attractive to value investors?

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

Pinnacle West's (PNW) second-quarter 2023 performance is backed by robust customer growth. The company raises its guidance for 2023 earnings per share.

Pinnacle West (PNW) Misses on Q2 Earnings, Raises '23 EPS View

Pinnacle West (PNW) came out with quarterly earnings of $0.94 per share, missing the Zacks Consensus Estimate of $1.19 per share. This compares to earnings of $1.45 per share a year ago.

Pinnacle West (PNW) Q2 Earnings Miss Estimates

PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp. today reported 2023 second-quarter consolidated net income of $106.7 million, or $0.94 per diluted share of common stock.

Pinnacle West Reports Lower 2023 Second-Quarter Financial Results

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Pinnacle West Capital's (PNW) rising estimates, strong investment plan and expanding customer base are boosting the company's performance, making it a solid pick.

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

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PHOENIX--(BUSINESS WIRE)--Pinnacle West sets date for 2023 second-quarter financial results, webcast/conference call.

Pinnacle West Sets Date for 2023 Second-Quarter Financial Results, Webcast/Conference Call

Pinnacle West Capital Corporation stock has outperformed its peers in the electric utility industry and major index ETFs, despite a challenging interest rate environment. My suggested trading strategy for Pinnacle West, which I consider low risk, is buying when the price approaches $70 and selling when it exceeds $80. The main risks to Pinnacle West stock include a severe recession, which could delay profits, and rate decisions in 2024.

Are Pinnacle West Capital Investors Setting Themselves Up For A Fall?

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Investors with an interest in Utility - Electric Power stocks have likely encountered both Eletrobras (EBR) and Pinnacle West (PNW). But which of these two stocks presents investors with the better value opportunity right now?

News for Pinnacle West Capital Stock (PNW)