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Xcel Energy Inc. 8-K Report: Key Insights and Financial Overview

$XEL
Form 8-K
Filed on: 2025-05-07
Source
Xcel Energy Inc. 8-K Report: Key Insights and Financial Overview

Based on the provided section of the financial report, here are the key pieces of information and insights extracted:

  1. Entity Information:
  • The financial report pertains to Xcel Energy Inc. (CIK: 0000072903).
  • This entity operates multiple subsidiaries, including:
    • Northern States Power Company (MN)
    • Northern States Power Company (WI)
    • Public Service Company of Colorado
    • Southwestern Public Service Company
  1. Filing Details:
  • The report is filed as an 8-K, indicating it is a current report used to announce major events that shareholders should know about.
  • The filing date is May 6, 2025.
  1. Stock Information:
  • The company has Common Stock with a par value of $2.50 per share.
  • The stock is traded on the NASDAQ under the ticker symbol XEL.
  1. Contact Information:
  • The primary office is located at 414 Nicollet Mall, Minneapolis, MN 55401, with a contact phone number of (612) 330-5500.
  1. Legal Entity Context:
  • The report includes specific segments for each of the subsidiaries, indicating that financial information may be reported separately for these entities, which can provide insights into their individual performance.
  1. Geographical Presence:
  • The subsidiaries are located in various states, including Minnesota, Wisconsin, Colorado, and Texas, indicating a broad operational footprint across the Midwest and Southwest regions of the United States.

Insights:

  • The filing of an 8-K suggests that Xcel Energy Inc. may have had a significant event or development that could impact its operations or financial status, which investors should monitor closely.
  • The structure of the financial report, with explicit members for each subsidiary, allows for detailed analysis of performance by region and business unit, which is valuable for stakeholders assessing the company's overall health and strategic direction.
  • The presence of multiple state-specific subsidiaries may indicate regulatory considerations and opportunities tied to local energy markets.

Overall, this financial report provides a snapshot of Xcel Energy Inc.'s operational structure and its public trading status, which is crucial for investors and market analysts.