• Regulated Electric
  • Utilities
Pinnacle West Capital Corporation logo
Pinnacle West Capital Corporation
PNW · US · NYSE
86.07
USD
+0.33
(0.38%)
Company Overview

400 NORTH FIFTH STREET,PHOENIX AZ 85004,602 250 1000

CEO

Mr. Jeffrey B. Guldner

Employess

6133

Sector

Utilities

Industry

Regulated Electric

Website

https://www.pinnaclewest.com

Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using coal, nuclear, gas, oil, and solar generating facilities. Its transmission facilities include approximately 5,814 pole miles of overhead lines and approximately 74 miles of underground lines; and distribution facilities comprise approximately 11,258 miles of overhead lines and approximately 22,821 miles of underground primary cable, as well as owns and maintains 475 transmission and distribution substations. The company also owns or leases approximately 6,323 megawatts of regulated generation capacity. It serves approximately 1.3 million customers. Pinnacle West Capital Corporation was incorporated in 1985 and is headquartered in Phoenix, Arizona.

Next Earnings Date

Nov. 7, 2024

Ex Dividends date

Sep. 03, 2024

Dividend Date

Aug. 1, 2024

YTD Performance

17.58%

Fiscal Year End

12-31

IPO Date

1961-08-28

Growth Rates
(avg. rate of change) 10 years 5 years 3 years 1 year
Sales/Revenue 3.12% 4.93% 9.40% 8.59%
EPS 1.82% -0.62% -3.31% 3.51%
Equity 3.95% 3.41% 3.12% 2.13%
Cash -6.33% -2.99% -56.44% 2.55%
Return On Capital (ROIC) 5.69% 5.03% 4.50% 4.36%
Debt
year (millions) 2023 2022 2021 2020 2019
Short Term Debt 1,550 497 542 244 927
Long Term Debt 8,750 8,380 7,640 6,680 4,880
LT Finance Leases 1,280 744 829 436 64.6
Shares Outstanding 113 113 113 113 112
Market Cap 8,150 8,610 7,970 9,010 10,100
Price
Business Segments (Beta)
Geographical Segments (Beta)
Not available
News
Pinnacle West Capital Corporation (PNW) Q2 2024 Earnings Call Transcript
2 months

Pinnacle West Capital Corporation (NYSE:PNW ) Q2 2024 Earnings Conference Call August 1, 2024 12:00 PM ET Company Participants Amanda Ho - Investor Relations Jeffrey Guldner - Chairman of the Board, President and Chief Executive Officer, Pinnacle West Capital Corporation Andrew Cooper - Senior Vice President and Chief Financial Officer, Pinnacle West Capital Corporation and Arizona Public Service Company Ted Geisler - President, Arizona Public Service Company Conference Call Participants Shar Pourreza - Guggenheim Partners Nicholas Campanella - Barclays Michael Lonegan - Evercore ISI Travis Miller - Morningstar Julien Dumoulin-Smith - Jefferies Paul Patterson - Glenrock Associates Operator Good morning, everyone, and welcome to the Pinnacle West Capital Corporation 2024 Second Quarter Earnings Conference Call. At this time, all participants have been placed on a listen-only mode.

seekingalpha.com
Pinnacle West (PNW) Surpasses Q2 Earnings and Revenue Estimates
2 months

Pinnacle West (PNW) came out with quarterly earnings of $1.76 per share, beating the Zacks Consensus Estimate of $1.31 per share. This compares to earnings of $0.94 per share a year ago.

zacks.com
Pinnacle West (PNW) Q2 Earnings & Sales Beat Estimates
2 months

Pinnacle West's (PNW) second-quarter earnings and revenues increase year over year. Total operating expenses also increase during the same period.

zacks.com
What to Expect From These 5 Utility Stocks in Q2 Earnings?
2 months

Let's focus on utilities like XEL, ETR, D, PNW and ED, which are scheduled to release second-quarter 2024 earnings on Aug 1.

zacks.com
What's in Store for Pinnacle West Capital (PNW) in Q2 Earnings?
2 months

Pinnacle West Capital's (PNW) second-quarter 2024 results are expected to gain from the new Energy Management System and customer growth.

zacks.com
Pinnacle West (PNW) Reports Next Week: Wall Street Expects Earnings Growth
2 months

Pinnacle West (PNW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

zacks.com
Pinnacle West Sets Date for 2024 Second-Quarter Financial Results, Webcast/Conference Call
3 months

PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp. plans to release its 2024 second-quarter financial results before U.S. financial markets open on Thursday, Aug. 1, 2024.

businesswire.com
Reasons to Buy Pinnacle West Capital (PNW) Stock Right Now
3 months

Pinnacle West Capital (PNW) makes a strong case for investment, given its growth prospects, debt management, expansion of renewable portfolio and ability to increase its shareholder value.

zacks.com
Pinnacle West Appoints Three New Members to its Board of Directors
3 months

PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp. announced today that its board of directors has elected three new members to the company's board effective July 1, 2024.

businesswire.com
Pinnacle West Declares Quarterly Dividend
3 months

PHOENIX--(BUSINESS WIRE)--Pinnacle West's board of directors declares a quarterly dividend of $0.88 per share of common stock.

businesswire.com
PNW vs. OGE: Which Stock Is the Better Value Option?
3 months

Investors interested in stocks from the Utility - Electric Power sector have probably already heard of Pinnacle West (PNW) and OGE Energy (OGE). But which of these two stocks offers value investors a better bang for their buck right now?

zacks.com
4 Utility Stocks to Buy as Consumer Sentiment Hits 7-Month Low
3 months

Utility stocks like Pinnacle West Capital Corporation (PNW), Atmos Energy Corporation (ATO), California Water Service Group (CWT) and MDU Resources Group, Inc. (MDU) area safe bet during times of market uncertainty.

zacks.com