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NiSource Reports Second Quarter 2021 Results prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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Oncor Reports Q1 2021 Results - Updates on Winter Weather Event - Continues to Grow Service Territory - Reaffirms 2021- 2025 Capital Plan - Maintains Ample Liquidity Share this article Share this article DALLAS, May 5, 2021 /PRNewswire/ Oncor Electric Delivery Company LLC ( Oncor ) today reported three months ended March 31, 2021 net income of $168 million compared to net income of $131 million in the first quarter of 2020. The past few months have been a challenging time for Oncor, for Texas, and for the ERCOT market. The historic winter weather we experienced in February led to a 70-hour load shed event and a number of operational challenges. I recognize the anger, frustration, and devastating struggles our customers, and Texans all across the state, experienced as a result of this crisis. While Oncor does not own, operate or dispatch power generation, I want our customers to know that we are actively working with stakeholders, market partici ....
Press release content from PR Newswire. The AP news staff was not involved in its creation. NiSource Reports First Quarter 2021 Results May 5, 2021 GMT None MERRILLVILLE, Ind., May 5, 2021 /PRNewswire/ NiSource Inc. (NYSE: NI) today announced, on a GAAP basis, net income available to common shareholders for the three months ended March 31, 2021 of $281.7 million, or $0.72 diluted earnings per share, compared to a net income available to common shareholders of $61.8 million, or $0.16 diluted earnings per share, for the same period of 2020. NiSource also reported non-GAAP net operating earnings available to common shareholders of $304.8 million, or $0.77 diluted earnings per share, for the three months ended March 31, 2021, compared to non-GAAP net operating earnings available to common shareholders of $290.9 million, or $0.76 diluted earnings per share, for the same period of 2020. Schedule 1 of this press release contains a complete reconciliation of GAAP mea ....
Oncor Reports 2020 Results - Achieves Top Quartile Reliability - Reaffirms 2021- 2025 Capital Plan - Maintains Strong Liquidity Share this article Share this article DALLAS, Feb. 25, 2021 /PRNewswire/ Oncor Electric Delivery Company LLC ( Oncor ) today reported twelve months ended December 31, 2020 net income of $713 million compared to reported twelve months ended December 31, 2019 net income of $651 million. The $62 million year-over-year increase was driven by increases in revenues contributing to earnings primarily due to increases in base transmission and distribution rate updates to reflect greater invested capital, customer growth, the impacts of the assets acquired in the May 2019 acquisition of InfraREIT, Inc. and favorable changes in other income and deductions, partially offset by the impact on revenues of unfavorable weather, increases in expenses attributable to ongoing invested capital (depreciation and amortization, property taxes and int ....