USPages > Business Directory > Electric Utilities > Xcel Energy Inc

Xcel Energy Inc

Industry: Electric Utilities

Fortune Rank: 244

Xcel Energy, Inc. is engaged in the generation, transmission and distribution of electricity and natural gas. For the 6 months ended 6/30/05, total revenues increased 11% to $4.46B. Net income applicable to Common from continuing operations decreased 13% to $202.2M. Revenues reflect an increase in electricity sales. Net income was offset by an increase in electric fuel and purchased power expenses.

Xcel Energy Inc. is a holding corporation that directly owns four utility subsidiaries that serve electric and natural gas customers in 10 states. These utility subsidiaries are Northern States Power Co., a Minnesota corporation (NSP-Minnesota); Northern States Power Co., a Wisconsin corporation (NSP-Wisconsin); Public Service Company of Colorado (PSCo) and Southwestern Public Service Co. (SPS). These utilities serve customers in portions of Colorado, Kansas, Michigan, Minnesota, New Mexico, North Dakota, Oklahoma, South Dakota, Texas and Wisconsin. Along with WestGas InterState Inc. (WGI), an interstate natural gas pipeline, these companies also comprise the Company's continuing regulated utility operations. Xcel Energy's non-regulated subsidiaries in continuing operations include Utility Engineering Corporation (UE), Eloigne Co and Planergy International, Inc. (Planergy). In April 2005, the Company sold its non-regulated subsidiary Utility Engineering Corp. to Zachry Group, Inc.

Xcel Energy Inc

Xcel Energy Inc is a Fortune 500 company. In 2010 Xcel Energy Inc was ranked number 244 on the Fortune 500 list, making it the 244th largest company in the United States when judged by revenue.

Xcel Energy Inc achieved revenue of $9,644.30 million in 2010 and earned a profit of $680.90 million.

Xcel Energy Inc's rank changes

The company's ranking in 2010 was a decline from 2009 when it was ranked 242nd on the Fortune 500. The Previous ranking was based on its 2009 revenue of $11,203 million (a change of -2 million compared to 2010) and profits of $646 million (a change of 35 million compared to 2010).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Xcel Energy Inc would be ranked 181st rather than 244th due to its profits of $681 in 2010.

* US$ Million

• Address
  • Xcel Energy Inc
    800 Nicollet Mall
    Minneapolis
    MN
    55401
• Contact Details
  • Phone: 612-330-5500
  • Fax: 612-330-5878
  • Website: www.xcelenergy.com
  • Stock Symbol: XEL

• Next Page: the 245th ranked company Penske Automotive Group
• Previous Page: the 243rd ranked company Baker Hughes