Xcel Energy Company Description
Xcel Energy Inc., through its subsidiaries, engages in the generation, purchasing, transmission, distribution, and sale of electricity in the United States.
It operates through Regulated Electric Utility and Regulated Natural Gas Utility segments. The company generates electricity through wind, nuclear, hydroelectric, biomass, and solar energy sources, as well as coal, natural gas, oil, wood, and refuse-derived fuels.
It also purchases, transports, distributes, and sells natural gas to retail customers, as well as transports customer-owned natural gas.
In addition, the company develops and leases natural gas pipelines, and storage and compression facilities; and invests in rental housing projects and nonregulated assets, as well as procures equipment for the construction of renewable generation facilities.
It serves residential, commercial, and industrial customers in the portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin.
Xcel Energy Inc. was formerly known as Northern States Power company. The company was incorporated in 1909 and is headquartered in Minneapolis, Minnesota.
Country | United States |
Founded | 1909 |
Industry | Electric and Other Services Combined |
Employees | 11,380 |
CEO | Robert Frenzel |
Contact Details
Address: 414 Nicollet Mall Minneapolis, Minnesota 55401 United States | |
Phone | 612 330 5500 |
Website | mn.my.xcelenergy.com |
Stock Details
Ticker Symbol | XEL |
Exchange | Mexican Stock Exchange |
Stock Type | Common Stock |
Fiscal Year | January - December |
Reporting Currency | USD |
SIC Code | 4931 |
Key Executives
Name | Position |
---|---|
Robert Frenzel | Chief Executive Officer |
Brian Van Abel | Chief Financial Officer |
Timothy O'Connor | Chief Operating Officer |
Roopesh Aggarwal | Head of Investor Relations |