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Tag Archives: Entergy Corporation

Entergy again makes top 10 for economic development efforts

NEW ORLEANS — For the seventh consecutive year, Entergy Corporation has been named one of the nation’s top 10 utilities in economic development for 2013 by Site Selection magazine. The company was chosen for its efforts to help attract nearly $21 billion in projects, which could result in as many as 9,200 jobs across its four-state service territory of Arkansas, ...

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Entergy expects increase in as-reported, operational earnings

NEW ORLEANS — Entergy Corporation expects second quarter 2014 as-reported earnings of approximately $1.04 per share and operational earnings of approximately $1.10 per share. Results for second quarter 2013 were $0.92 per share on an as-reported basis and $1.01 per share on an operational basis. The increase in earnings reflected top line growth, particularly at Entergy Wholesale Commodities, the wholesale ...

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Entergy runs hurricane drill as Atlantic season kicks off

JACKSON — To prepare for the upcoming hurricane season, hundreds of Entergy employees across the company’s utility service territory recently took part in an intensive storm drill. The drill tracked a fictional hurricane and its potential impact on Entergy’s service territory. Following Hurricane Katrina, Entergy adopted the federal and state Incident Command Structure for disasters that clearly defines the roles ...

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Denault: Future is bright for Coast, natural gas

One utility executive sees an opportunity along the Gulf Coast, and believes his company is going to ride that wave perhaps for an entire decade. Entergy Corp. CEO Leo Denault is predicting above-average growth in the next five to 10 years, thanks to an industrial boom along the Gulf Coast powered by low natural gas prices. “We see a growing ...

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Entergy's earnings soar due to cold weather

NEW ORLEANS — Entergy Corporation saw first quarter 2014 as-reported earnings of $401.2 million, or $2.24 per share, compared with $161.4 million, or 90 cents per share, for first quarter 2013. On an operational basis, Entergy’s first quarter 2014 earnings were $410.1 million, or $2.29 per share, compared with $167.7 million, or 94 cents per share, in first quarter 2013. ...

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Entergy Corporation ups earnings expectations

NEW ORLEANS — Entergy Corporation expects first quarter 2014 as-reported earnings of approximately $2.23 per share and operational earnings of approximately $2.28 per share. Results for first quarter 2013 were $0.90 per share on an as-reported basis and $0.94 per share on an operational basis. First quarter 2014 earnings resulted from significantly higher realized wholesale energy prices at Entergy Wholesale ...

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Entergy gives $500K grant to The Nature Conservancy

NEW ORLEANS — Environmental innovators in Arkansas, Louisiana, Mississippi and Texas are implementing solutions for the management of the mid-South’s natural and environmental resources through a $500,000 grant from Entergy Corporation to The Nature Conservancy. With support from Entergy’s Environmental Initiatives Fund and other grant programs, the projects are engineered to make a positive difference in habitat, water purification and ...

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Entergy releases first web-based, integrated report

NEW ORLEANS — Entergy Corporation has released its 2013 online integrated report, combining material previously presented in the company’s annual report to shareholders and its annual sustainability report. “Producing one integrated report reinforces our belief that our stakeholders — owners, customers, employees and communities — are inextricably linked and that we must deliver sustainable value to all stakeholders in order ...

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EEI honors Entergy again for disaster response

NEW ORLEANS — The Edison Electric Institute has awarded Entergy Corporation with the association’s Emergency Recovery Award and Emergency Assistance Award. These honors recognize Entergy’s exceptional power restoration efforts after a widespread winter storm and tornadoes in December 2012 and its assistance to Alabama Power after severe storms in March 2013. This is the 16th consecutive year Entergy has received ...

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Entergy sees big drop in quarterly as-reported earnings

NEW ORLEANS — Entergy Corporation reported fourth quarter 2013 as-reported earnings of $146.9 million, or 82 cents per share, compared with $296.3 million, or $1.66 per share, for fourth quarter 2012. On an operational basis, Entergy’s fourth quarter 2013 earnings were $179.3 million, or $1.00 per share, compared with $307.0 million, or $1.72 per share, in fourth quarter 2012. For ...

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