Xcel Energy (XEL) - Stock Price & Dividends

Xcel Energy Inc., listed as NASDAQ:XEL, is a prominent company that engages in the generation, purchase, transmission, distribution, and sale of electricity. The company is structured into the Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments to efficiently manage its operations.

Operating through various methods such as coal, nuclear, natural gas, hydroelectric, solar, biomass, oil, wood/refuse, and wind energy sources, Xcel Energy generates the electricity it sells into the market. Additionally, the company offers services related to the purchase, transportation, distribution, and sale of natural gas to retail customers as well as transports customer-owned natural gas.

Furthermore, Xcel Energy is involved in the development and leasing of natural gas pipelines, storage facilities, and compression facilities. The company also invests in rental housing projects and acquires equipment for the construction of renewable generation facilities to support sustainability initiatives.

Xcel Energy caters to a wide range of customers including residential, commercial, and industrial sectors across Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. Established in 1909, the company is headquartered in Minneapolis, Minnesota, and can be found online at https://www.xcelenergy.com.