Natural Disasters Bring Out The Best In Utilities [Forbes]
Portland General Electric Co (POR)
Last portland general electric co earnings: 4/24 05:00 am
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Source: Forbes
Hurricane Helene made landfall Thursday night in Florida's Big Bend with winds up to 140 mph. (Photo by Sean Rayford/Getty Images) Getty Images After the two most recent hurricanes ravaged the United States, they left behind billions in damages and nearly 5 million customers without electricity. Customers often use their power companies as punching bags. However, those utilities prove their worth after natural disasters. Utilities prioritize safety, but once a crisis has passed, they quickly begin the cleanup process and work to restore power. This effort often involves “mutual assistance,” a program through which utilities borrow labor and equipment from other companies. Thanks to this collaboration, the areas most affected by Hurricanes Milton and Helene were able to recover within just a few days. “Mutual assistance is a hallmark of our industry,” says Maria Pope, the chief executive of Portland General Electric. “We help others, and they help us when we have issues: The in
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News
- Is Portland General Electric Company (POR) the Best Mid-Cap Dividend Aristocrat to Buy Now? [Yahoo! Finance]Yahoo! Finance
- MHI Hydrogen Infrastructure Formalizes Agreement with Pacific Northwest Hydrogen Association to Further Advance the Region's Clean Energy and Economic Objectives [Yahoo! Finance]Yahoo! Finance
- PGE CEO blames inflation, infrastructure investments for proposed rate hikes in response to Wyden [Yahoo! Finance]Yahoo! Finance
- Portland General Electric (NYSE: POR) had its price target lowered by analysts at KeyCorp from $52.00 to $51.00. They now have an "overweight" rating on the stock.MarketBeat
- InnovationForce Named INC.'s "Best in Business" 2024; Unveils InnovationWorkspaces to Democratize Affordable Innovation for AllPR Web
POR
Earnings
- 10/25/24 - Beat
POR
Sec Filings
- 11/15/24 - Form 8-K
- 11/12/24 - Form SC
- 11/8/24 - Form 8-K
- POR's page on the SEC website