{"filings":[{"id":609879,"accession_number":"0000072903-26-000097","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2026-05-22T20:18:50+00:00","items":["5.07"],"status":"ready","headline":"Xcel Energy shareholders elect all 10 directors, approve say-on-pay and auditor ratification at 2026 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All 10 director nominees elected; votes for ranged from 495.8M to 510.3M, >95% of votes cast.","Advisory 'say-on-pay' resolution approved with 463.8M votes for (90.1% of votes cast).","Ratification of Deloitte as auditor approved with 542.5M votes for (96.5% of votes cast).","Broker non-votes totaled 47.4M shares; annual meeting held May 20, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":98560,"accession_number":"0000072903-26-000075","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2026-05-05T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"SPS rate case update: intervenors propose $28M-$113M revenue increases vs $168M ask","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Staff recommends $48M revenue increase, 9.75% ROE; NMDOJ $105M, 8.77% ROE.","NMLCG recommends $28M increase, 8.10% ROE; LES-FEA $113M, 9.45% ROE.","SPS originally sought $168M (16.0%) increase, 10.5% ROE, 56% equity ratio.","Rebuttal testimony due May 29, 2026; hearing July 7; decision expected Q4 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":98559,"accession_number":"0001193125-26-201734","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2026-05-01T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Xcel Energy enters up to $4.3B at-the-market equity distribution agreement","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Aggregate gross sales price up to $4.3B of common stock through Sales Agents and Forward Sellers.","Agreement includes Initially Priced and Collared Forward Transactions; sales agents earn up to 1% commission.","Prospectus supplement filed May 1, 2026 under existing Form S-3 (File No. 333-278797).","No immediate proceeds from forward transactions until future physical settlement or prepayment date.","Sales may be made in 'at the market' offerings on Nasdaq or at negotiated prices."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114116,"accession_number":"0001193125-26-087393","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2026-03-03T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Xcel Energy issues $800M 5.75% Fixed-to-Fixed reset junior notes due 2056","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $800M in aggregate principal amount of 5.75% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2056.","Notes issued under Supplemental Indenture No. 2 dated March 3, 2026, to the Oct 2025 Junior Subordinated Indenture.","Underwriting agreement dated Feb 26, 2026, with Barclays, Citigroup, Mizuho, MUFG, and Truist Securities as representatives.","Offering made under Xcel Energy's existing shelf registration statement (File No. 333-278797)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114114,"accession_number":"0001193125-26-033694","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2026-02-02T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Xcel Energy enters $1.5B 364-day term loan, draws $750M for general corporate purposes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Unsecured 364-day delayed draw term loan facility, maturity Jan 30, 2027.","Initial $750M drawn on Jan 30, 2026; rate Term SOFR + 85 bps or alternate base rate.","Financial covenant: funded debt to total capitalization ≤ 70%.","Cross-default trigger for indebtedness >$75M; standard negative covenants apply.","Proceeds used for general corporate operations; U.S. Bank administrative agent."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114113,"accession_number":"0000072903-26-000002","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2026-01-02T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"PSCo files $190M natural gas rate increase request with Colorado PUC","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Public Service Company of Colorado seeks $190M revenue increase (11.6%) from CPUC.","Request based on 10.75% ROE, 55% equity ratio, and $4.7B projected rate base (2025 test year).","Breakdown: $90M capital investments, $53M cost of capital, $42M O&M expenses.","CPUC decision and final rates anticipated in Q3 2026.","PSCo is a wholly owned subsidiary of Xcel Energy Inc. (XEL)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":130497,"accession_number":"0000072903-25-000273","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2025-12-17T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Xcel Energy elects Maria Demaree to board of directors","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Maria Demaree, 57, elected to Xcel Energy board effective Dec. 17, 2025; board expands from 11 to 12 members.","Demaree is SVP, Enterprise Business & Digital Transformation and CIO at Lockheed Martin; over 30 years at the company.","She will serve on Audit Committee and Operations, Nuclear, Environmental and Safety Committee.","Compensation prorated from start date to 2026 annual meeting; consistent with other non-employee directors.","No related-party transactions or familial relationships with other directors/officers."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":130496,"accession_number":"0001193125-25-318611","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2025-12-15T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Xcel Energy launches up to $345M cash tender for three series of NSPM first mortgage bonds","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Offers to purchase up to $345M aggregate principal of three series of first mortgage bonds issued by subsidiary NSPM.","Series with acceptance priorities: 3.600% due 2046 (highest), 4.00% due 2045, 4.125% due 2044 (lowest).","Fixed spread of +45 bps over reference UST; total consideration set on Dec 19, 2025 price determination date.","Offers expire Dec 19, 2025; settlement expected Dec 24, 2025; no minimum tender condition.","Xcel Energy may increase or waive the $345M maximum purchase amount in its sole discretion."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":130495,"accession_number":"0000072903-25-000264","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2025-11-24T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"PSCo files electric rate case with Colorado PUC seeking $356M revenue increase","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Public Service Company of Colorado filed a rate case with the CPUC on Nov. 21, 2025, seeking $356 million revenue increase (9.9%).","Rate request based on 9.8% return on equity, 55% equity ratio, and 2025 test year with projected rate base of $13 billion.","Request includes $120 million reduction from coal retirements and rider recovery for Comanche Unit 2 extension costs.","CPUC decision and final rate implementation expected in the third quarter of 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":130494,"accession_number":"0000072903-25-000261","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2025-11-21T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"SPS files $175M rate case with New Mexico regulator; decision expected Q4 2026","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Seeks $175M (16.7%) base rate revenue increase based on $3.9B retail rate base, 10.5% ROE, 56% equity ratio.","Rate request components: $204M retail revenue growth, $148M asset allocation changes (incl. wholesale load roll-off), $133M capital investment.","Additional drivers: $36M O&M expenses, $34M depreciation/amortization changes, $28M from requested ROE increase.","Future test year ends Nov 30, 2027; planned 100 MW wholesale load roll-off in 2026; NMPRC decision in Q4 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":130493,"accession_number":"0000072903-25-000259","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2025-11-07T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"PSCW approves $148M combined rate increase for Xcel's NSP-Wisconsin, below $175M request","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Electric utility gets $126M over 2 years ($68M in 2026, $58M incremental in 2027); natural gas gets $22M ($18M in 2026, $4M incremental in 2027).","Approved ROE of 9.8% and equity ratio of 52.5% vs. requested 10.0% and 53.5%.","Reductions vs. request: capital investments -$8M, rate of return -$7M, O&M -$5M, nuclear decommissioning accrual -$6M.","Final written order expected December 2025; new rates effective January 2026.","NSP-Wisconsin is a wholly owned subsidiary of Xcel Energy Inc."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":130491,"accession_number":"0001193125-25-232889","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2025-10-07T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Xcel Energy issues $900M of 6.25% junior subordinated notes due 2085","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$900M aggregate principal of 6.25% Junior Subordinated Notes, Series due 2085 issued on Oct 7, 2025.","Notes governed by Junior Subordinated Indenture with U.S. Bank Trust Company as trustee.","Underwriting syndicate led by BofA, J.P. Morgan, Morgan Stanley, RBC, and Wells Fargo."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":147053,"accession_number":"0000072903-25-000242","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2025-09-24T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Xcel Energy agrees to ~$640M Marshall Fire settlement, takes $290M charge; reaffirms EPS guidance","summary_kind":"llm","event_type":"litigation","confidence":"high","bullets":["PSCo will pay ~$640M to resolve all claims from Marshall Fire; ~$350M funded by insurance.","Recognizing a ~$290M non-recurring earnings charge in Q3 2025.","Reaffirms 2025 ongoing EPS guidance of $3.75–$3.85; telecom defendants also contributing.","Agreements in principle subject to final documentation and individual plaintiff opt-in.","No admission of fault; Xcel disputes its equipment caused the fire."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":147051,"accession_number":"0000072903-25-000227","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2025-08-11T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"PSCW Staff recommends $115M electric, $21M gas rate increases for Xcel's NSP-Wisconsin","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["PSCW Staff recommended $115M electric rate increase (14.4% over 2026-2027) vs. company request of $151M.","Staff recommended $21M natural gas increase (12.3% over two years) vs. company request of $24M.","Staff proposed 9.7% ROE and 53.5% equity ratio; company requested 10.0% ROE.","Key adjustments: capital investments reduced by $15M (electric) and $1M (gas); ROE adjustment reduced $7M/$1M.","PSCW decision expected late Q4 2025; rebuttal testimony due Aug 28, hearing Sept 16."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":147050,"accession_number":"0001193125-25-171827","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2025-08-04T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Xcel Energy enters $4B equity distribution agreement for at-the-market stock sales","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Up to $4B aggregate gross sales price of common stock may be sold through 20 sales agents and forward purchasers.","Sales may be made at market prices; commission up to 1% of sales price per share.","Includes collared forward transactions with Goldman Sachs International allowing prepayment and pledge of shares.","Net proceeds expected for general corporate purposes; no immediate sales but facility is active.","Filed prospectus supplement dated August 1, 2025 under existing shelf registration."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":147048,"accession_number":"0000072903-25-000218","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2025-07-18T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"SPS selects 3,121 MW accredited capacity in IRP portfolio; includes gas, wind, solar, storage","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Portfolio selection filed with NMPRC: 3,121 MW accredited capacity (5,168 MW nameplate).","Breakdown: 2,088 MW natural gas, 1,273 MW wind, 695 MW solar, 1,112 MW storage.","SPS to file Certificates of Convenience and Necessity with PUCT and NMPRC in H2 2025; approvals expected 2026.","Second RFP planned for at least 500 MW accredited capacity by 2032 for NM RPS compliance.","Projected resource need 5,300–10,200 MW by 2030, driven by load growth and retirements."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":165579,"accession_number":"0000072903-25-000153","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2025-06-16T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Xcel Energy names Ryan Long EVP, Chief Legal & Compliance Officer; Rob Berntsen departs","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Rob Berntsen, EVP Chief Legal & Compliance Officer, left Xcel Energy effective June 13, 2025.","Ryan Long promoted to EVP Chief Legal & Compliance Officer effective June 16, 2025.","Long continues oversight of Minnesota, North Dakota, South Dakota operations during search for next president.","Long previously served as President of NSPM (since Jan 2024) and interim General Counsel in 2023-2024.","Long joined Xcel Energy in 2015; prior legal roles at Faegre Baker Daniels and Cravath."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":165578,"accession_number":"0000072903-25-000108","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2025-05-23T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Xcel Energy annual meeting results: all 11 directors elected, say-on-pay passes","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All 11 director nominees elected; Richard O'Brien received fewest 'for' votes at 425.7M.","Advisory say-on-pay approved with 421.1M for (91.5% of votes cast) vs. 37.2M against.","Ratification of Deloitte & Touche as auditor approved: 489.1M for, 17.3M against.","Broker non-votes of ~46.8M on director and say-on-pay proposals due to routine matters."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":165575,"accession_number":"0000072903-25-000070","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2025-04-01T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"NSP-Wisconsin files $151M electric, $24M gas rate increase request with PSCW for 2026-2027","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Electric: $94M (11.8%) in 2026, incremental $57M (7.1%) in 2027, total $151M over two years.","Natural gas: $20M (12.7%) in 2026, incremental $4M (1.5%) in 2027, total $24M over two years.","Rate request based on 10.0% ROE and 53.5% equity ratio; driven by reliability, resiliency, and clean energy investments.","PSCW decision on the rate case expected in the fourth quarter of 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":183208,"accession_number":"0001193125-25-059950","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2025-03-21T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Xcel Energy issues $1.1B in senior notes: $350M 4.75% due 2028 and $750M 5.60% due 2035","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$350 million of 4.75% Senior Notes due March 21, 2028 issued.","$750 million of 5.60% Senior Notes due April 15, 2035 issued.","Underwriters: BMO Capital Markets, MUFG Securities Americas, and Wells Fargo Securities.","Notes governed by Indenture dated Dec 1, 2000, and Supplemental Indenture No. 19 dated March 21, 2025.","Prospectus supplement filed March 19, 2025; notes issued under Form S-3 registration statement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":183207,"accession_number":"0000072903-25-000050","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2025-03-03T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Xcel Energy COO Timothy O'Connor retiring; Sharp, Lamb appointed to new EVP roles","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Timothy O'Connor to retire as EVP, COO effective May 1, 2025; will remain as advisor through August 21, 2025.","Scott Sharp named EVP, Chief Generation Officer, adding Nuclear to his Energy Supply portfolio.","Michael Lamb named EVP, Chief Delivery Officer, adding Major Projects to Customer Delivery group.","Sharp and Lamb each have ~30+ years at Xcel; both will report to CEO Bob Frenzel and join Executive Committee."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":183204,"accession_number":"0000072903-25-000017","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2025-01-23T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Xcel Energy elects Weyerhaeuser CEO Devin Stockfish to board of directors","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Elected Devin Stockfish to board effective Jan 23, 2025; board expands from 13 to 14 members.","Stockfish is President and CEO of Weyerhaeuser Co. (since 2019), a large timber and forest products company.","Will serve on Finance Committee and Operations, Nuclear, Environmental and Safety Committee.","Compensation aligns with Xcel Energy's non-employee director plan, prorated from start to 2025 annual meeting.","Board determined Stockfish is independent per Nasdaq and company standards; no reportable related-party transactions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":199793,"accession_number":"0000072903-24-000209","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2024-12-31T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"SPS files $538M Texas System Resiliency Plan with PUCT for 2025-2028","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Southwestern Public Service Company filed its Texas System Resiliency Plan with the PUCT on Dec 30, 2024.","Plan covers 2025-2028 with $521M capital and $17M O&M, totaling $538M.","Key measures: distribution hardening ($253M), system protection ($92M), communications ($112M), operational flexibility ($44M), wildfire mitigation ($37M).","PUCT decision expected in Q2 2025; procedural schedule in Q1 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":199791,"accession_number":"0001193125-24-253127","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2024-11-07T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Xcel Energy upsizes equity forward offering; underwriters exercise option for additional 2.75M shares","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Underwriters fully exercised 30-day option to purchase an additional 2,748,091 shares of common stock.","Xcel entered additional forward sale agreements with Barclays and Bank of America for those shares.","Initial forward price set at $64.4356 per share, implying ~$177M additional notional value.","Offering supplements the 18,320,610 shares under prior Nov 4 forward agreements.","Proceeds will support general corporate purposes including capital expenditure plans."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":199790,"accession_number":"0001193125-24-251143","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2024-11-05T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Xcel Energy enters forward sale agreements for 18.3M shares at $64.44 per share","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Entered forward sale agreements with Barclays and Bank of America for 18,320,610 shares of common stock (initial forward price $64.4356/share).","Underwriters have 30-day option to purchase up to an additional 2,748,091 shares on same terms.","Settlement at Xcel's discretion on or before June 30, 2026; can elect physical, net share, or cash settlement.","Shares borrowed from third parties and sold to underwriters on Nov 5, 2024; offering registered on Form S-3.","Physical settlement would result in dilution to earnings per share."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":199788,"accession_number":"0000072903-24-000194","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2024-10-17T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"PSCo files electric plan with 5-14 GW need; CPUC approves $135M natural gas rate increase","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["PSCo filed Colorado electric resource plan with 7% base and 3% low sales CAGR through 2031.","Plan forecasts 5-14 GW new generation need; CPUC decision expected fall 2025, solicitation early 2026.","CPUC completed Colorado natural gas rate case deliberations; estimated $135M annual revenue increase (vs $171M requested).","CPUC set ROE range 9.2%-9.5%, equity ratio 52%-55%, denied decoupling; includes $15M accelerated depreciation.","Xcel Energy reaffirms 2024 ongoing EPS guidance $3.50-$3.60."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":215804,"accession_number":"0000072903-24-000167","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2024-07-12T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Xcel Energy subsidiary faces $99M-$80M adjustments in CO gas rate case; staff opposes deferral","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["PSCo initially sought $171M rate increase; staff proposes $72M, UCA $91M.","Staff recommends 8.89% ROE and 52% equity ratio; UCA 9.20% ROE and 51.4%.","Staff and UCA oppose deferral to Feb 2025; propose Nov 1, 2024 effective date.","CPUC decision expected Q4 2024; rebuttal Aug 15, hearing Sept 4-12.","Xcel Energy reaffirms 2024 GAAP/ongoing EPS guidance of $3.50-$3.60."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":235230,"accession_number":"0000072903-24-000151","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2024-06-27T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Xcel Energy subsidiary files $1.9B wildfire mitigation plan with Colorado regulators","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["PSCo filed a $1.9B Updated Wildfire Mitigation Plan (2025-2027) with the Colorado PUC.","Capital investments total $1.6B; O&M expenses $253M; highest spend in 2027 ($758M).","Program includes situational awareness (AI cameras), operational mitigations (PSPS), system resiliency (undergrounding), customer support.","CPUC decision expected in early 2025; cost recovery request included."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":235228,"accession_number":"0000072903-24-000111","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2024-05-23T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Xcel Energy shareholders approve 2024 Equity Incentive Plan reserving 12M shares, elect directors","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholders approved 2024 Equity Incentive Plan, reserving 12,000,000 shares for equity awards.","All 13 director nominees elected; top vote getter Timothy Welsh with 416,213,850 votes for.","Say-on-pay advisory approval: 327,887,688 for, 89,832,381 against.","2024 Plan approved: 389,539,485 for, 28,446,769 against.","Ratification of Deloitte & Touche as auditor: 454,535,691 for, 15,975,246 against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":235226,"accession_number":"0000072903-24-000089","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2024-04-11T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"PUCT approves SPS rate case settlement with $65M increase, 9.55% ROE","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["PUCT unanimously approved SPS's rate case settlement on April 11, 2024, without modification.","Base rate increase of $65M effective retroactive to July 13, 2023; original request was $158M.","Settlement sets ROE at 9.55%, equity ratio 54.51%, and WACC at 7.11% for SPS.","Tolk coal plant depreciation life shortened from 2034 to 2028 reflected in rates.","Approximately $18M rate rider established for deferred expenses recovered over three years."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":253068,"accession_number":"0001193125-24-052751","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2024-02-29T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Xcel Energy issues $800M of 5.50% Senior Notes due 2034","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$800M aggregate principal of 5.50% Senior Notes, Series due March 15, 2034.","Underwriters include Citigroup Global Markets, PNC Capital Markets, Wells Fargo Securities.","Notes issued under existing registration statement and Supplemental Indenture No. 18."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":253067,"accession_number":"0000072903-24-000048","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2024-02-29T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Xcel Energy receives notice of potential damages from Smokehouse Creek Fire; utility pole preserved","summary_kind":"llm","event_type":"litigation","confidence":"high","bullets":["Smokehouse Creek Fire ~900,000 acres, ~3% contained as of Feb 28, 2024.","Law firm letter on Feb 28, 2024 claims property insurance interests harmed; requests preservation of fallen SPS utility pole.","Pole located near area of origin; investigations into cause and origin underway.","Xcel Energy working with emergency personnel and cooperating with preservation request.","Potential financial exposure from wildfire damages not yet determined."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":253066,"accession_number":"0001193125-24-044517","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2024-02-23T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Xcel Energy files corrected consent for prior $2.5B equity shelf registration","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Filing corrects clerical error in consent of independent auditor filed with annual report.","Correction relates to registration statement file number on auditor's consent for $2.5B equity offering.","Original equity distribution agreement (Oct 2023) remains unchanged; no new share sales announced.","No impact on financial statements, business operations, or guidance."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":253065,"accession_number":"0000072903-24-000030","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2024-01-29T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Xcel subsidiary PSCo files $171M Colorado natural gas rate increase request","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["PSCo seeks $171M base rate increase (approx 9.5% avg residential bill) based on 2023 test year and $4.2B rate base.","Proposed effective date Nov 1, 2024; deferral of collection to Feb 15, 2025 to avoid overlap with Winter Storm Uri rider.","Key drivers: $145M plant investments, $23M O&M and other, $10M property tax, offset by $7M sales growth.","Request includes ROE increase from 9.2% to 10.25% (contributing ~$32M of the request).","CPUC review pending; outcome uncertain, no guarantee of full approval."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":270522,"accession_number":"0000072903-23-000172","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2023-12-22T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"SPS (Xcel Energy unit) settles TX rate case for $65M base increase, 9.55% ROE","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Settlement filed Dec. 22 provides $65M base rate increase effective July 13, 2023, vs. original $158M request.","Authorized ROE of 9.55% (down from 10.65% requested); equity ratio 54.51%; WACC 7.11%.","Tolk coal plant depreciation life accelerated from 2034 to 2028 as proposed.","Rate rider of ~$18M over three years established for deferred expenses.","PUCT decision expected in Q1 2024; settlement backed by SPS, staff, and intervenors."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":270521,"accession_number":"0000072903-23-000170","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2023-12-15T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Colorado PUC approves alternative 5,835 MW resource plan for Xcel Energy's PSCo; $4.8B investment","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["CPUC approved 5,835 MW alternative portfolio vs. PSCo's proposed 7,521 MW; 3,133 MW owned, 2,702 MW purchased.","Xcel expects to invest ~$4.8B in generation resources for customers and state clean energy goals.","May Valley to Longhorn transmission line (est. $250M) not approved by CPUC.","PSCo to file Just Transition Plan by June 1, 2024 for additional renewable resource timing.","CPUC to deliberate on performance incentive mechanisms later in December."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":270520,"accession_number":"0000072903-23-000168","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2023-11-13T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"PSCW approves NSP-Wisconsin rate increases: electric $1M, natural gas $5M","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["PSCW verbally approved NSP-Wisconsin rate request on Nov 9; final written order expected Dec 2023, rates effective Jan 2024.","Electric increase $1M (vs. revised request $25M); natural gas $5M (revised request $7M).","ROE set at 9.8% (NSP-Wisconsin requested 10.25%; PSCW staff recommended 9.7%).","Xcel Energy reaffirms 2023 ongoing EPS guidance $3.32-$3.37 and 2024 GAAP/ongoing EPS $3.50-$3.60.","Prudently incurred 2024 fuel costs will be trued up within a 2% band (~$3M)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":270518,"accession_number":"0001193125-23-267287","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2023-10-31T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Xcel Energy enters into equity distribution agreement for up to $2.5B ATM offering","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Entered equity distribution agreement with 14 sales agents for up to $2.5B of common stock.","Commission of up to 1.0% of gross sales price per agent; shares registered under S-3 (333-275228).","Offering terminates upon sale of all shares or termination of agreement by Xcel or any agent.","Use of proceeds not specified; expected for general corporate purposes and capital expenditures."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":270516,"accession_number":"0000072903-23-000139","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2023-10-02T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Xcel Energy promotes Amanda Rome to EVP, Group President Utilities; Brett Carter departs","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Brett Carter leaves role as EVP and Group President, Utilities and Chief Customer Officer to pursue other opportunities, providing transition through year-end.","Amanda Rome promoted from EVP, Chief Legal and Compliance Officer to succeed Carter effective October 1, 2023.","Rome's annual base salary increased to $675,000; receives $100,000 incremental long-term incentive award for 2023-2025.","Ryan Long, Vice President and Deputy General Counsel, appointed as interim general counsel."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":287463,"accession_number":"0000072903-23-000136","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2023-09-18T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Xcel Energy subsidiary files $10.8B Colorado Resource Plan with CPUC; aims to exit coal by 2030","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["PSCo filed Preferred Plan with CPUC on Sept 18, 2023, seeking approval for $7.9B generation and $2.9B transmission investments.","Plan targets exit from coal by end of 2030, doubling wind/solar from 2022 levels, and >80% GHG reduction vs 2005.","Average annual customer rate impact of ~2.3% under the Preferred Plan, inclusive of generation and transmission costs.","Preferred Plan includes 7,192 MW total resources: 3,406 MW wind, 1,969 MW solar, 1,170 MW storage, 628 MW natural gas, 19 MW biomass.","CPUC decision expected in Q4 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":287462,"accession_number":"0000072903-23-000131","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2023-09-01T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"NSP-Wisconsin rate case: PSCW Staff recommends electric decrease, lower ROE","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["PSCW Staff recommends $3M electric rate decrease (vs $40M request) and $5M gas increase (vs $9M request).","Staff recommends ROE of 9.7% (requested 10.25%), equity ratio 52.5%.","2023 GAAP and ongoing EPS guidance reaffirmed at $3.30-$3.40.","PSCW decision expected late Q4 2023 with new rates effective Jan 2024.","Depreciation life extensions (Monticello, wind) reduced request by $12M; earnings neutral."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":287461,"accession_number":"0000072903-23-000125","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2023-08-23T23:59:59+00:00","items":["5.02","5.03","9.01"],"status":"ready","headline":"Xcel Energy elects Timothy Welsh (U.S. Bancorp exec) to board, effective Aug. 23, 2023","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Timothy Welsh elected to Xcel Energy board effective Aug. 23, 2023; term expires at 2024 annual meeting.","Welsh appointed to Audit Committee and Operations, Nuclear, Environmental and Safety Committee.","Board size increased from 12 to 13 directors; Welsh is independent under Nasdaq rules.","Welsh is Vice Chair, Consumer and Business Banking at U.S. Bancorp; previously senior partner at McKinsey.","Bylaws amended to adopt universal proxy rules and make housekeeping changes (gender-neutral titles, chair authority)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":287460,"accession_number":"0000072903-23-000118","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2023-08-17T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Xcel Energy subsidiary settles Colorado electric rate case for $95M increase, CPUC approves","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["CPUC orally approved settlement with $95M retail revenue increase (2.96%), based on 2022 historic test year.","Weighted-average cost of capital set at 6.95% (55.69% equity, 9.3% ROE).","Early termination of revenue decoupling pilot; $12M of 2023 TCA revenues to be collected.","Xcel Energy reaffirms 2023 GAAP and ongoing EPS guidance of $3.30-$3.40 per share.","Rates expected effective September 2023 following written CPUC decision."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":287459,"accession_number":"0000072903-23-000116","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2023-08-15T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"SPS updates $158M Texas rate case; Xcel reaffirms 2023 EPS guidance $3.30-$3.40","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Rate increase request of $158M based on 10.65% ROE, 54.6% equity, $3.6B retail rate base; 14% bill impact.","Opposing parties propose lower revenue changes: Staff $102M, AXM $66M, OPUC $130M, TIEC $89M.","Procedural schedule: rebuttal testimony Aug 25, hearings Sep 12-21, PUCT decision expected Q1 2024.","Xcel Energy reaffirms 2023 GAAP/ongoing EPS guidance $3.30-$3.40 subject to constructive regulatory outcomes.","SPS seeks accelerated Tolk coal plant depreciation (2034→2028); OPUC proposes unchanged 2034 life, AXM extends to 2045."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":287458,"accession_number":"0001193125-23-202503","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2023-08-03T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Xcel Energy issues $800M of 5.45% Senior Notes due 2033","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$800M aggregate principal of 5.45% Senior Notes, Series due August 15, 2033.","Underwriting agreement dated July 31, 2023 with Barclays, BofA, PNC, and Wells Fargo as reps.","Notes governed by Indenture dated Dec 1, 2000 and Supplemental Indenture No. 17 dated Aug 3, 2023.","Prospectus supplement filed Aug 1, 2023; proceeds not specified but typical general corporate purposes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":307636,"accession_number":"0000072903-23-000092","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2023-06-21T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Xcel Energy subsidiary files Colorado rate settlement; reaffirms 2023 EPS guidance of $3.30-$3.40","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["PSCo filed comprehensive settlement for electric rate case seeking $95M revenue increase (2.96% avg bill rise) or $47M with depreciation deferrals.","Settlement based on 9.3% ROE, 55.69% equity ratio, 6.95% weighted-average cost of capital.","Includes $12M collection of suspended 2023 TCA revenues; hearings in July, CPUC decision expected Q3 2023.","Xcel Energy reaffirms 2023 GAAP and ongoing EPS guidance of $3.30-$3.40 per share.","City of Boulder opposes the settlement; CPUC will decide in third quarter 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":307634,"accession_number":"0000072903-23-000071","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2023-05-26T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Xcel Energy 2023 annual meeting results: all directors elected, say on pay approved","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All 12 director nominees elected; highest votes for Netha Johnson (429,160,572), lowest for Robert Frenzel (409,210,453).","Advisory say on pay approved with 406,591,308 for; 23,558,577 against; 2,605,112 abstain.","Shareholders voted in favor of annual say on pay frequency (424,459,339 for 1 year).","Ratification of Deloitte & Touche as auditor for 2023 passed with 463,620,968 for.","Board adopted annual advisory say on pay vote until next frequency vote."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":307632,"accession_number":"0000072903-23-000043","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2023-05-19T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"SPS revises NM rate case request to $75M; contested stipulation filed for $33M increase","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["SPS revised its New Mexico electric rate case request from $78M to $75M; stipulation proposes $33M revenue increase, opposed by two environmental groups.","Proposed ROE of 9.5% (vs. 10.75% requested); equity ratio of 54.7%; Tolk coal plant depreciation accelerated to 2028.","Hearings scheduled for Q2 2023; NMPRC decision expected in Q4 2023.","Xcel Energy reaffirms 2023 GAAP and ongoing EPS guidance of $3.30-$3.40, subject to constructive regulatory outcomes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":307631,"accession_number":"0000072903-23-000041","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2023-05-05T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Xcel Energy subsidiary PSCo faces lower rate increase recommendations in Colorado electric rate case","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["PSCo sought $262M net increase (8.2%) in Nov 2022; intervenors propose base rate changes from +$31M (Staff) to -$16M (CEC).","On May 3, 2023, seven intervenors including CPUC Staff, UCA, and CEC filed testimony with varied ROE recommendations (8.51%-9.30% vs PSCo's 10.25%).","Staff recommends 9.02% ROE and a historic test year, while CEC seeks capital disallowances of $30M and a negative revenue change.","CPUC decision expected in Q3 2023; Xcel reaffirms 2023 GAAP EPS guidance of $3.30-$3.40 based on constructive regulatory outcomes.","Next procedural steps: rebuttal testimony by May 31, settlement deadline June 14, and hearing scheduled July 6-21, 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":326629,"accession_number":"0000072903-23-000004","cik":72903,"company_name":"XCEL ENERGY INC","ticker":"XEL","form_type":"8-K","filed_at":"2023-02-08T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"SPS files $149M Texas rate case; PUCT decision due Q1 2024","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["SPS seeks $149M increase in base rate revenue (13% bill impact) based on test year ended Sept. 30, 2022.","Request assumes ROE of 10.65%, equity ratio of 54.6%, and retail rate base of $3.6B.","Components include $36M for clean energy transition capex, $32M for higher ROE, $17M from Tolk plant depreciation life change.","SPS expects customer bills after increase to remain 30% below national average; Texas decision targeted in early 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":49773010000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2023-02-08T23:59:59+00:00|326629"}