Utilities - Regulated Electric Industry | Utilities Sector | Mr. Andrew S. Marsh CEO | CXA Exchange | US29364G1031 ISIN |
United States Country | 12,000 Employees | 13 Aug 2024 Last Dividend | - Last Split | 1 Jun 1972 IPO Date |
Entergy Corporation is a major player in the United States energy sector, dedicated to the production and retail distribution of electricity. Founded in 1913, the company has built a substantial electricity generation, transmission, and distribution network, serving portions of Arkansas, Louisiana, Mississippi, and Texas, including the City of New Orleans. In addition to electricity, Entergy Corporation is also involved in the distribution of natural gas. The company owns a diverse portfolio of electric generating facilities, producing energy through a variety of sources including gas, nuclear, coal, hydro, and solar. With a strong commitment to serving its community, Entergy delivers electricity to 3 million utility customers across its service territories, playing a critical role in the region's energy infrastructure.
Electricity Generation and Distribution: Entergy generates, transmits, distributes, and sells electric power in key areas of the United States. Employing a mix of gas, nuclear, coal, hydro, and solar power sources, the company supports the energy needs of millions.
Natural Gas Distribution: Beyond electricity, Entergy engages in the distribution of natural gas, catering to the heating and energy needs of homes and businesses in its service areas.
Wholesale Energy Sales: With power plants having approximately 24,000 megawatts of electric generating capacity, Entergy sells energy to a diverse group of consumers, including retail power providers, utilities, electric power cooperatives, power trading organizations, and other generation companies. This aspect of their operations highlights Entergy's vital role in the broader energy market, contributing to the stability and reliability of power supply across regions.
Decommissioning Services: Entergy also offers specialized decommissioning services to other nuclear power plant owners, leveraging its expertise in this critical area to assist in the safe and efficient decommissioning of nuclear energy facilities.