Last $33.44 USD
Change Today -0.0325 / -0.10%
Volume 206.9K
POR On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 12:56 PM 09/17/14 All times are local (Market data is delayed by at least 15 minutes).

portland general electric co (POR) Key Developments

Portland General Electric Company Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Full Year of 2014

Portland General Electric Company announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported revenues, net of $423 million against $403 million a year ago. Income from operations was $58 million against loss from operations of $11 million a year ago. Income before income tax expense was $45 million against loss before income tax benefit of $33 million a year ago. Net income attributable to the company was $35 million or $0.43 diluted per share against net loss attributable to the company of $22 million or $0.29 basic and diluted per share a year ago. For the six months, the company reported revenues, net of $916 million against $876 million a year ago. Income from operations was $156 million against $76 million a year ago. Income before income tax expense was $123 million against $32 million a year ago. Net income attributable to the company was $93 million or $1.16 diluted per share against $27 million or $0.36 basic and diluted per share a year ago. Net cash provided by operating activities was $302 million against $279 million a year ago. Capital expenditures were $501 million against $260 million a year ago. The company provided earnings guidance for the full year of 2014. For the year, the company affirming full-year 2014 earnings guidance of $2.05 to $2.20 per diluted share, based on the following assumptions like average hydro conditions; wind generation based on historical levels; normal thermal plant operations; Colstrip Unit 4 replacement power costs of $1.5 million in January; operating and maintenance costs between $480 and $500 million; depreciation and amortization expense between $295 and $305 million; and capital expenditures of approximately $1 billion.

Portland General Electric Co. Appoints Larry Bekkedahl as Vice President for Transmission and Distribution, Effective August 25, 2014

Portland General Electric Co. on July 25 announced that it appointed Larry Bekkedahl as vice president for transmission and distribution, effective August 25, 2014. Bekkedahl will be responsible for transmission and distribution engineering and operations functions. Bekkedahl currently serves as senior vice president for transmission services at the Bonneville Power Administration.

Portland General Electric Company Declares Dividend, Payable on or Before October 15, 2014

On July 24, 2014 the board of directors of Portland General Electric Company declared a quarterly common stock dividend of 28 cents per share, unchanged from last quarter's dividend. The dividend is payable on or before October 15, 2014 to shareholders of record at the close of business on September 25, 2014.

Portland General Electric Company to Report Q2, 2014 Results on Jul 29, 2014

Portland General Electric Company announced that they will report Q2, 2014 results at 9:00 AM, Eastern Standard Time on Jul 29, 2014

Portland General Electric Company, Q2 2014 Earnings Call, Jul 29, 2014

Portland General Electric Company, Q2 2014 Earnings Call, Jul 29, 2014

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
POR:US $33.44 USD -0.0325

POR Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Avista Corp $31.83 USD +0.03
Black Hills Corp $51.13 USD +0.10
IDACORP Inc $55.38 USD -0.27
PNM Resources Inc $26.36 USD +0.01
UIL Holdings Corp $37.27 USD +0.04
View Industry Companies
 

Industry Analysis

POR

Industry Average

Valuation POR Industry Range
Price/Earnings 15.3x
Price/Sales 1.4x
Price/Book 1.4x
Price/Cash Flow 5.8x
TEV/Sales 0.2x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact PORTLAND GENERAL ELECTRIC CO, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.