Utilities - Regulated Electric Industry | Utilities Sector | Mr. Robert C. Frenzel CEO | XFRA Exchange | US98389B1008 ISIN |
US Country | 11,311 Employees | 13 Sep 2024 Last Dividend | - Last Split | 24 Sep 1985 IPO Date |
Xcel Energy Inc. is a significant player in the energy sector, primarily involved in generating, purchasing, transmitting, distributing, and selling electricity through its subsidiaries. The company marks its presence across various states in the USA including Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. Founded in 1909 and with its headquarters in Minneapolis, Minnesota, Xcel Energy has diversified its energy generation sources to include a mix of renewable and non-renewable forms. Aside from its electricity services, it also engages in the natural gas market, providing comprehensive energy solutions to its extensive customer base, which ranges from residential to industrial sectors.
Xcel Energy Inc. offers a broad spectrum of energy-related products and services, categorized into distinct segments: