10-KPeriod: FY2013

ENTERGY CORP /DE/ Annual Report, Year Ended Dec 31, 2013

Filed February 27, 2014For Securities:ETR

Summary

Entergy Corporation, a prominent integrated energy company, primarily engages in electric power production and retail electric distribution. As of December 31, 2013, it operated approximately 30,000 MW of generating capacity, with a significant portion (over 10,000 MW) from nuclear fuel. The company serves 2.8 million utility customers across Arkansas, Louisiana, Mississippi, and Texas, generating $11.4 billion in revenue in 2013. Its business is structured into two main segments: Utility and Entergy Wholesale Commodities, with the latter focusing on nuclear power plant operations in the northern US. Entergy's strategy emphasizes operational excellence, safety, reliability, customer service, and sustainable value creation for stakeholders. The company actively manages its asset portfolio through strategic buy, build, hold, or disposal decisions. In 2013, Entergy announced plans to close its Vermont Yankee nuclear power plant in late 2014. The company's financial performance and operations are subject to significant regulatory oversight from federal and state bodies, including the FERC and various Public Utility Commissions.

Financial Highlights

45 data points
Beta

Net Income

$730.57M

EPS (Diluted)

$2.00

Total Assets

$43.41B

Cash & Equivalents

$739.13M

Free Cash Flow

$3.19B

Financial Statements
Beta
Operating Expenses$10.08B
Operating Income$1.35B
Interest Expense$629.54M
Net Income$730.57M
EPS (Basic)$2.00
EPS (Diluted)$2.00
Shares Outstanding (Basic)356.42M
Shares Outstanding (Diluted)357.14M

Key Highlights

  • 1Entergy Corporation is an integrated energy company focused on electric power production and retail distribution.
  • 2The company serves 2.8 million utility customers in Arkansas, Louisiana, Mississippi, and Texas.
  • 3Entergy operates two main segments: Utility and Entergy Wholesale Commodities.
  • 4In 2013, Entergy announced the planned closure of the Vermont Yankee nuclear power plant in late 2014.
  • 5The company has a diverse generation portfolio including substantial nuclear capacity.
  • 6Entergy's operations are subject to extensive federal and state regulatory oversight.
  • 7The company reported $11.4 billion in revenues for 2013.

Frequently Asked Questions

Entergy primarily operates through two business segments: Utility and Entergy Wholesale Commodities.

As of December 31, 2013, Entergy's Utility business delivered electricity to 2.8 million utility customers.

Entergy focuses on optimizing its portfolio of assets through periodic buy, build, hold, or disposal decisions to create sustainable value.

In August 2013, Entergy announced plans to close and decommission the Vermont Yankee plant, with power production expected to cease in the fourth quarter of 2014.