Summary
Xcel Energy Inc. (XEL) filed its 2010 annual report on February 28, 2011, detailing its operations across its regulated electric and natural gas utility segments. The company operates in numerous states, serving a broad customer base. A significant portion of the report is dedicated to outlining the company's business segments, including specific details on its electric utility operations in Minnesota, Wisconsin, Colorado (PSCo), and the Southwest (SPS), as well as its natural gas operations in these same regions. Investors should note the detailed discussion of operational statistics and trends within each segment, which provides insight into the company's performance drivers.
Financial Highlights
48 data pointsBeta
Financial Statements
Beta
| Revenue | $10.31B |
| Operating Expenses | $8.69B |
| Operating Income | $1.62B |
| Interest Expense | $577.29M |
| Net Income | $751.59M |
| EPS (Basic) | $1.63 |
| EPS (Diluted) | $1.62 |
| Shares Outstanding (Basic) | 462.05M |
| Shares Outstanding (Diluted) | 463.39M |
Key Highlights
- 1Xcel Energy operates as a diversified utility holding company with significant electric and natural gas operations across multiple U.S. states.
- 2The report provides a detailed breakdown of electric and natural gas utility operations by specific operating companies (NSP-Minnesota, NSP-Wisconsin, PSCo, SPS).
- 3Key sections address Electric Utility Trends, Natural Gas Utility Trends, Environmental Matters, and Capital Spending and Financing, offering insights into operational strategies and investment plans.
- 4The filing includes a dedicated 'Risk Factors' section (Item 1A), which is crucial for investors to understand potential challenges and uncertainties facing the company.
- 5Management's Discussion and Analysis (MD&A) of Financial Condition and Results of Operations (Item 7) and Financial Statements (Item 8) are critical for a comprehensive understanding of the company's financial health and performance.
- 6Details on market risk and related disclosures are provided in Item 7A, offering insights into how the company manages exposure to fluctuating market conditions.
Frequently Asked Questions
Xcel Energy's primary business segments are its regulated electric utility operations and its regulated natural gas utility operations. These are further broken down by specific operating companies in various states, such as NSP-Minnesota, NSP-Wisconsin, PSCo (Public Service Company of Colorado), and SPS (Southwestern Public Service Company).
While the filing does not explicitly detail specific risks in the provided excerpt, Item 1A, 'Risk Factors,' is where investors can find comprehensive information regarding potential risks. These typically include regulatory changes, environmental regulations, operational risks, commodity price volatility, and economic conditions impacting customer demand.
Investors can find detailed financial information in Part II of the 10-K filing. Specifically, Item 7, 'Management's Discussion and Analysis of Financial Condition and Results of Operations,' and Item 8, 'Financial Statements and Supplementary Data,' are the most important sections for assessing the company's financial health and past performance.
Item 1, under the 'Capital Spending and Financing' section, provides details on the company's capital expenditures and its strategies for financing these investments. This section is important for understanding the company's growth plans and how it funds its operations and infrastructure development.