Latest Utilities News
Unitil: Q1 Earnings Snapshot
HAMPTON, N.H. (AP) — HAMPTON, N.H. (AP) — Unitil Corp. (UTL) on Tuesday reported net income of $27.2 million in its first quarter. The Hampton, New Hampshire-based company said it had profit of $1.69 per share. The utility posted revenue of $178.7 million in the...
Par Petroleum: Q1 Earnings Snapshot
HOUSTON (AP) — HOUSTON (AP) — Par Petroleum Corp. (PARR) on Monday reported a loss of $3.8 million in its first quarter. On a per-share basis, the Houston-based company said it had a loss of 6 cents. Earnings, adjusted for non-recurring costs, came to 69 cents per share. ...
Berkshire Hathaway board feels sure Greg Abel is the man to eventually replace Warren Buffett
OMAHA, Neb. (AP) — Everyone knows Warren Buffett 's successor won't be able to match the legendary investor, but Berkshire Hathaway 's board remains confident Greg Abel is the right guy to one day lead the conglomerate into the future. Longtime Berkshire board member Ron Olson...
Con Ed: Q1 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — Consolidated Edison Inc. (ED) on Thursday reported first-quarter earnings of $720 million. On a per-share basis, the New York-based company said it had net income of $2.08. Earnings, adjusted for non-recurring costs, came to $2.15 per share. ...
Editorial Roundup: North Carolina
Greensboro News and Record. April 24, 2024. Editorial: UNC HBCU’s deserve utility funds It may have been an unusually mild winter in the Triad in 2024, but not all the time. And not for everyone. For instance, during a short, frigid spell in January,...
Fortis: Q1 Earnings Snapshot
ST. JOHN`S, Newfoundland (AP) — ST. JOHN`S, Newfoundland (AP) — Fortis Inc. (FTS) on Wednesday reported first-quarter net income of $353.8 million. On a per-share basis, the St. john`S, Newfoundland-based company said it had net income of 69 cents. The results...
A Hawaii military family avoids tap water at home. They're among those suing over 2021 jet fuel leak
JOINT BASE PEARL HARBOR-HICKAM, Hawaii (AP) — Richelle Dietz, a mother of two and wife of a U.S. Navy chief petty officer, often thinks about water. The family, stationed in Honolulu, spends more than $120 a month on jugs of bottled water for drinking, cooking and cleaning, as...
A second new nuclear reactor is completed in Georgia. The carbon-free power comes at a high price
ATLANTA (AP) — The second of two new nuclear reactors in Georgia has entered commercial operation, capping a project that cost billions more and took years longer than originally projected. Georgia Power Co. and fellow owners announced the milestone Monday for Plant Vogtle's Unit...
NorthWestern: Q1 Earnings Snapshot
SIOUX FALLS, S.D. (AP) — SIOUX FALLS, S.D. (AP) — NorthWestern Corp. (NWE) on Thursday reported earnings of $65.1 million in its first quarter. The Sioux Falls, South Dakota-based company said it had profit of $1.06 per share. Earnings, adjusted for non-recurring costs, were...
California reject bill to crackdown on how utilities spend customers' money
SACRAMENTO, Calif. (AP) — California lawmakers on Monday rejected a proposal aimed at cracking down on how some of the nation's largest utilities spend customers' money. California's investor-owned utilities can't use money from customers to pay for things like advertising their...
