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Xcel Energy Inc. (XEL)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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52.04+0.05 (+0.10%)
At close: 04:00PM EDT
52.04 0.00 (0.00%)
After hours: 05:29PM EDT

Xcel Energy Inc.

414 Nicollet Mall
Minneapolis, MN 55401
United States
612 330 5500
https://www.xcelenergy.com

Sector(s)Utilities
IndustryUtilities - Regulated Electric
Full-time employees11,311

Key executives

NameTitlePayExercisedYear born
Mr. Robert C. FrenzelPresident, CEO & Chairman3.25MN/A1971
Mr. Brian J. Van AbelExecutive VP, CFO & Principal Accounting Officer1.47MN/A1982
Mr. Timothy John O'ConnorExecutive VP & COO1.63MN/A1960
Ms. Amanda J. RomeExecutive VP, Group President of Utilities & Chief Customer Officer928.65kN/A1981
Mr. Tim PetersonSenior VP & CTON/AN/AN/A
Mr. Paul Andrew JohnsonVP of Investor Relations & TreasurerN/AN/A1960
Mr. Ryan LongPresident of Minnesota, North Dakota & South Dakota and General CounselN/AN/AN/A
Justin TomljanovicVice President of Corporate DevelopmentN/AN/AN/A
Ms. Patricia CorreaSenior VP, Human Resources & Employee Services and Chief Human Resources OfficerN/AN/A1974
Mr. Jeffrey S. SavageSenior VP and Chief Audit & Financial Services OfficerN/AN/A1972
Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Xcel Energy Inc., through its subsidiaries, engages in the generation, purchasing, transmission, distribution, and sale of electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other 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. The company was incorporated in 1909 and is headquartered in Minneapolis, Minnesota.

Corporate governance

Xcel Energy Inc.’s ISS governance QualityScore as of 1 March 2024 is 3. The pillar scores are Audit: 6; Board: 7; Shareholder rights: 1; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.