XCEL Energy - Rising Energy Demand Creates Momentum!

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Business drivers: The energy provider XCEL Energy (XEL) currently has around 3.7 million electricity and 2.1 million natural gas customers across eight states. Through consistent expansion of renewable energies, XCEL Energy aims to be climate-neutral by 2050, primarily replacing coal-fired power plants with wind and solar energy parks. After reaching a settlement of $640 million with most plaintiffs in a lawsuit stemming from a fire disaster that has been ongoing since 2021, the stock recently showed strengthening. On September 24, Mizuho...
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