Xcel Energy Sees Steady Gains in First-Quarter 2011 as Electric Margins Improve, an Industrial Info News Alert

0

Source: Marketwire

SUGAR LAND, TX -- (Marketwire) -- 04/29/11 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Xcel Energy Incorporated (NYSE:XEL) (Minneapolis, Minnesota), a leading U.S. energy company, reported steady growth in first-quarter 2011 as higher electric and gas margins offset the effects of increased expenses. Net income for the quarter was reported to be $202.51 million, a 21.95% increase from first-quarter 2010.

Industrial Info is tracking 47 active Xcel projects in the U.S. that are worth a total of more than $2.75 billion, including a $600 million addition to the Black Dog Power Station in Burnsville, Minnesota. For more information, visit Industrial Info's North American Power Project Database.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showNews.jsp?newsitemID=178301, or browse other breaking industrial news stories at www.industrialinfo.com.

Industrial Info Resources (IIR), with world headquarters in Sugar Land, Texas, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. For more information send inquiries to powergroup@industrialinfo.com or visit us online at www.industrialinfo.com.

Follow us on: Facebook - Twitter - LinkedIn

Add to DiggBookmark with del.icio.usAdd to Newsvine

Contact:
Joe Govreau
713-783-5147

Customer comments

No comments were found for Xcel Energy Sees Steady Gains in First-Quarter 2011 as Electric Margins Improve, an Industrial Info News Alert . Be the first to comment!