Skip to main content Second Quarter 2015 Earnings Release Presentation – Xcel Energy | Shale Experts
Loading...
Pm

Second Quarter 2015 Earnings Release Presentation – Xcel Energy

Xcel Energy · Jul 30, 2015 · 19 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. Second Quarter 2015 Earnings Release Presentation – Xcel Energy – slide 1
    Second Quarter 2015 Earnings Release Presentation July 30, 2015
  2. Second Quarter 2015 Earnings Release Presentation – Xcel Energy – slide 2
    EPS Results Q2 2014 2015 0.39 0.39 0.39 0.39 Ongoing EPS GAAP EPS YTD 2014 2015 0.91 0.85 0.91 0.69 Ongoing EPS GAAP EPS YTD 2015 ongoing earnings exclude a charge of 0.16 per share related to the Monticello extended…
  3. Second Quarter 2015 Earnings Release Presentation – Xcel Energy – slide 3
    Xcel Energy Strategic Plan Objectives Measurable Results Improve Utility Close ROE gap 50 bps by 2018 Performance Derive 75% of revenue from MYPs Drive Operational Manage workforce transition Excellence Limit annual O&M growth to…
  4. Second Quarter 2015 Earnings Release Presentation – Xcel Energy – slide 4
    Legislative Initiative in Minnesota Governor signed Energy & Jobs bill into law in June 2015 Provides longer, more holistic multi-year rate plans Ability to implement multi-year plans for up to five years Allows for recovery of…
  5. Second Quarter 2015 Earnings Release Presentation – Xcel Energy – slide 5
    Legislative Initiative in Texas Governor signed regulatory lag bill into law in June 2015 Legislation will help to reduce regulatory lag Ability to implement temporary rates or surcharge 155 days after rate case filing date…
  6. Second Quarter 2015 Earnings Release Presentation – Xcel Energy – slide 6
    Potential Natural Gas Investment Colorado Commission information meetings Examine the long term supply of natural gas and approaches to manage prices, including rate-basing of natural gas reserves Anticipate the Commission will…
  7. Second Quarter 2015 Earnings Release Presentation – Xcel Energy – slide 7
    Renewables & Operations Highlights Community solar gardens decision in Minnesota Cherokee combined-cycle plant completed first fire Monticello nuclear plant reaches 100% of EPU (671 MW) and receives final NRC approval 66
  8. Second Quarter 2015 Earnings Release Presentation – Xcel Energy – slide 8
    Quarterly Ongoing EPS Change 0.60 0.50 0.40 0.39 0.39 (0.02) (0.02) (0.02) (0.01) 0.06 0.30 (0.01) (0.01) 0.02 0.01 0.20 2Q14 2Q15 Ongoing Ongoing EPS EPS The 0.02 adverse impact of weather is incorporated in electric…
  9. Second Quarter 2015 Earnings Release Presentation – Xcel Energy – slide 9
    YTD Ongoing EPS Change 1.30 1.20 1.10 1.00 0.91 0.90 0.85 0.80 (0.06) (0.04) (0.04) 0.70 (0.03) 0.11 (0.03) 0.05 (0.02) (0.01) 0.01 0.60 0.50 0.40 YTD 2014 YTD 2015 Ongoing Ongoing EPS EPS The 0.07 adverse impact of weather is…
  10. Second Quarter 2015 Earnings Release Presentation – Xcel Energy – slide 10
    ROE Results Ongoing Earnings Twelve Months Ended 06/30/2015 2014 Rate Base NSP-W 5% 10.50% PSCo 9.40% 9.80% 8.24% 8.72% 43% 7.92% NSP-M 42% SPS 10% NSP-M NSP-W PSCo SPS Total Xcel Regulated Energy Xcel Energy…
  11. Second Quarter 2015 Earnings Release Presentation – Xcel Energy – slide 11
    EPS Results by Operating Company Second Quarter YTD 2015 2014 2015 2014 PSCo 0.19 0.18 0.41 0.41 NSP-Minnesota 0.15 0.15 0.32 0.37 SPS 0.05 0.06 0.08 0.09 NSP-Wisconsin 0.02 0.02 0.07 0.07 Equity earnings 0.01 0.01 0.02 0.02…
  12. Second Quarter 2015 Earnings Release Presentation – Xcel Energy – slide 12
    Economic, Sales & Customer Data 2015 Q2 W/A Electric Sales Growth 2015 YTD W/A Electric Sales Growth 0.6% 0.3% -0.6% -0.7% -0.5% -0.4% -1.3% -1.2% -0.8% -1.9% NSP-M * NSP-W PSCo SPS Xcel Energy NSP-M * NSP-W PSCo SPS Xcel…
  13. Second Quarter 2015 Earnings Release Presentation – Xcel Energy – slide 13
    Xcel Energy W/A Electric Sales Growth Residential C&I Total 1.7% 1.3% 0.5% 0.2% 0.1% 0.1% 0.1% -1.3% -0.4% 2013 2014 YTD 2013 2014 YTD 2013 2014 YTD YTD = Six months ended June 30, 2015 12 12
  14. Second Quarter 2015 Earnings Release Presentation – Xcel Energy – slide 14
    2015 Ongoing Earnings Guidance Ongoing EPS Guidance Range: 2.00 2.15 Key Assumption Changes Earnings Driver Previous Current W/A Electric Sales Increase 1.0% Increase 0.5% W/A Natural Gas Sales Increase 0% to 1.0% Decrease 2.0%…
  15. Second Quarter 2015 Earnings Release Presentation – Xcel Energy – slide 15
    Appendix 14 14
  16. Second Quarter 2015 Earnings Release Presentation – Xcel Energy – slide 16
    YTD W/A Electric Sales Growth NSP-M NSP-W PSCo SPS 2.3% 0.8% 0.6% 0.3% 0.3% 0.0% -0.5% -0.6% -0.8% -1.1% -1.8% -3.4% Residential C&I Total 15 15
  17. Second Quarter 2015 Earnings Release Presentation – Xcel Energy – slide 17
    Opco ROE Sensitivities Sensitivity to 100 bps change in ROE 2014 Revenue Opco Jurisdiction Rate Base Requirement EPS ( millions) ( millions) MN Electric 7,047 57 +/- 0.073 MN Gas 453 4 +/- 0.005 NSPM ND Electric 454 4 +/- 0.005 ND…
  18. Second Quarter 2015 Earnings Release Presentation – Xcel Energy – slide 18
    Financing Plan for 2015 Amount Issuer Security Timing Tenor Coupon (millions) Hold Co Senior Unsecured 250 Completed 2 Yr 1.20% Hold Co Senior Unsecured 250 Completed 10 Yr 3.30% PSCo First Mortgage Bonds 250 Completed 10 Yr…
  19. Second Quarter 2015 Earnings Release Presentation – Xcel Energy – slide 19
    Upcoming 2015 Third Quarter Events CFA investMNt Conference: Aug. 5 Barclays Kohler Conference: Aug. 19-21 Barclays Conference: Sept. 9 Wolfe Research Conference: Sept. 30 18 18

From the store

Browse maps, data & reports in the Shale Experts store