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.
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.
Entergy Louisiana, LLC announced today that on December 30, 2015 (the "Redemption Date"), it will redeem $32,000,000 principal amount of its outstanding First Mortgage Bonds, 6% Series due March 15, 2040, (the "Bonds"), at the redemption price of 100 percent of the principal amount thereof (the "Redemption Price") plus accrued interest thereon to but excluding the Redemption Date.
Entergy Corporation (NYSE: ETR) announced today that it will close the James A. FitzPatrick Nuclear Power Plant in Scriba, NY, in late 2016 or early 2017.
Entergy Corporation (NYSE: ETR) reported a third quarter 2015 as-reported loss of $4.04 per share, including $5.93 per share of non-cash asset impairments for Pilgrim Nuclear Power Station and James A. FitzPatrick Nuclear Power Plant. Entergy recently announced plans to close Pilgrim and today announced the closing of FitzPatrick. On an operational basis, earnings were $1.90 per share in third quarter 2015. These results compare to third quarter 2014 as-reported earnings of $1.27 per share and operational earnings of $1.68 per share.
Entergy Corporation (NYSE: ETR) Chairman and Chief Executive Officer Leo Denault plans to provide a presentation on Tuesday, Nov. 10, during the 50th Edison Electric Institute Financial Conference in Hollywood, Florida.