Xcel Energy Inc. (XEL) Stock Prediction

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Based in Minneapolis, Xcel Energy is an electric and natural gas utility with regulated operations in eight western and midwestern states. Xel offers generation, distribution and transmission services and has a generation capacity of approximately 20,600 megawatts. The company provides utility services to 3.8 million electricity customers and 2.1 million natural gas customers through regulated utilities. Approximately a quarter of customers are in the Denver area, with service being provided by its subsidiary PSCO. In addition to providing power, Xel has pipeline infrastructure and natural gas storage/compression operations.

Of the combined revenues in 2024, more than 80% came from electricity sales. The company’s 2023 fuel mix is ​​as follows: Coal, 19%. Nuclear, 10%; Natural Gas, 30%; Wind, 32%; Solar, 4%; Other/Biomass, 4%. In January 2025, regulators approved an extension of its 20-year operation