Entergy Corporation (NYSE: ETR) released its 2015 Integrated Report, Clear Vision, Clear Progress, providing an overview of the company's financial, operational, environmental and social performance.
Beaumont, Texas – Last week's rains have become this week's floods and personnel with Entergy Texas, Inc. are hard at work to ensure evacuees and other Southeast Texans will have safe and reliable power as the event unfolds.
Taking a major step toward providing additional efficient, clean energy resources for new and existing customers and modernizing the company’s power generation fleet, Entergy Corporation (NYSE: ETR) announced that its subsidiaries, Entergy Arkansas, Inc., Entergy Louisiana, LLC, and Entergy New Orleans, Inc., closed their purchase of the 1,980-megawatt (summer rating) Union Power Station located near El Dorado, Arkansas. The purchase was closed on Thursday.
During LIHEAP Action Day March 2, Entergy Corporation representatives and community partners will be making the case for increased funding of the Low Income Home Energy Assistance Program. The funding goal is at least $4.7 billion for 2017.
With a goal of supporting and driving economic growth and prosperity in the rapidly expanding Gulf Coast region, Entergy has developed and launched a freestanding website designed to attract site selectors and companies looking to potentially expand in the four states served by its utilities. The site, GoEntergy.com, will quickly place the Entergy region in the consideration set of these businesses, powering jobs and economic growth in the region.
Entergy Corporation (NYSE: ETR) reported fourth quarter 2015 earnings per share of 56 cents on an as-reported basis and $1.58 on an operational basis. For the full year, the company realized a loss of 99 cents per share on an as-reported basis and operational EPS of $6.00 per share. The as-reported loss resulted from asset impairments in the third and fourth quarters reflecting the effects of strategic decisions in the Entergy Wholesale Commodities business to reduce the company's exposure to volatile and poorly structured wholesale power markets.
Entergy Corporation (NYSE: ETR) will report fourth quarter and full year earnings results before market open on Thursday, Feb. 18, 2016, and host a teleconference at 10 a.m. CST that day to discuss the earnings announcement and the company's financial performance.
Entergy Corporation (NYSE: ETR) announced today that David Borde, director of Entergy's utility finance business partners, has been selected as the company's vice president of investor relations effective March 2016. Borde replaces Paula Waters, who will move into the position of vice president, utility sales and development services, in the utility business. Waters will report to Theo Bunting, group president, utility operations.
The Board of Directors of Entergy Corporation (NYSE:ETR) has declared a quarterly dividend of $0.85 per common share. The payment date is Mar. 1, 2016, to stockholders of record on Feb. 11, 2016.