Xcel Energy (XEL) has drawn fresh attention after issuing US$800,000,000 of 5.75% junior subordinated notes due 2056, a long dated financing move that sits alongside reaffirmed earnings guidance and a large investment pipeline.
See our latest analysis for Xcel Energy.
At a share price of US$81.91, Xcel Energy has a 90 day share price return of 8.17% and a year to date share price return of 9.68%. Its 1 year total shareholder return of 21.15% and 5 year total shareholder return of 52.37% suggest sentiment has been improving over time, supported by reaffirmed earnings guidance, the US$800m junior subordinated notes issuance and its sizeable grid and data center investment plans.
If this kind of long dated utility funding story has your attention, it could be a good moment to see which power infrastructure names are on the move with our 24 power grid technology and infrastructure…