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Xcel Energy Inc. (XEL)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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68.56+1.28 (+1.90%)
At close: 04:00PM EDT
68.39 -0.17 (-0.25%)
After hours: 07:24PM 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 employees11,321

Key executives

NameTitlePayExercisedYear born
Mr. Robert C. FrenzelPres, CEO & Chairman1.97MN/A1971
Mr. Brian J. Van AbelExec. VP, CFO & Principal Accounting Officer891.86kN/A1982
Mr. Timothy John O'ConnorExec. VP & COO1.19MN/A1960
Ms. Amanda J. RomeExec. VP, Chief Legal & Compliance Officer786.53kN/A1981
Mr. Brett C. CarterExec. VP, Group Pres of Utilities & Chief Customer Officer1.05MN/A1967
Mr. Paul Andrew JohnsonVP of Investor Relations & TreasurerN/AN/A1960
Ms. Patricia CorreaSr. VP, HR & Employee Services and Chief HR OfficerN/AN/A1974
Mr. Jeffrey S. SavageChief Audit & Financial Services OfficerN/AN/A1972
Mr. David T. HudsonPres of Xcel Energy - New Mexico & TexasN/AN/A1961
Mr. Peter A. GardnerChief Nuclear OfficerN/AN/AN/A
Amounts are as of 31 December 2021, 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, generates, purchases, transmits, distributes, and sells electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through coal, nuclear, natural gas, hydroelectric, solar, biomass, oil, wood/refuse, and wind energy sources. 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, 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 sells electricity to approximately 3.7 million customers; and natural gas to approximately 2.1 million customers. Xcel Energy Inc. was incorporated in 1909 and is headquartered in Minneapolis, Minnesota.

Corporate governance

Xcel Energy Inc.’s ISS governance QualityScore as of 1 June 2022 is 3. The pillar scores are Audit: 9; Board: 5; Shareholder rights: 1; Compensation: 5.

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.