10-KPeriod: FY2011

XCEL ENERGY INC Annual Report, Year Ended Dec 31, 2011

Filed February 24, 2012For Securities:XELXELLL

Summary

Xcel Energy Inc.'s 2011 10-K filing provides a comprehensive overview of its operations as a diversified utility holding company. The report details the company's electric and natural gas utility operations across several states, including Minnesota, Wisconsin, Colorado, and the Southwest. Investors should note the company's significant capital spending plans, crucial for maintaining and upgrading infrastructure, and its reliance on both regulated utility operations and wholesale energy markets for revenue. The filing also touches upon environmental matters, a key area of focus for energy companies, and outlines the company's strategy for capital spending and financing to support growth and operational needs.

Financial Statements
Beta
Revenue$10.65B
Operating Expenses$8.87B
Operating Income$1.78B
Interest Expense$591.30M
Net Income$834.38M
EPS (Basic)$1.72
EPS (Diluted)$1.72
Shares Outstanding (Basic)485.04M
Shares Outstanding (Diluted)485.62M

Key Highlights

  • 1Xcel Energy operates regulated electric and natural gas utilities in multiple states, providing a diversified revenue base.
  • 2Significant capital expenditures are planned to support infrastructure improvements, new generation, and environmental compliance.
  • 3The company is involved in both electric and natural gas utility operations, serving a broad customer base.
  • 4Environmental matters are a stated focus, suggesting ongoing investment and potential compliance considerations.
  • 5The filing details electric and natural gas operating statistics, offering insights into operational performance and scale.
  • 6Capital spending and financing strategies are critical components discussed, highlighting how the company plans to fund its growth and maintenance.

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