Xcel Energy Inc. (XEL) is a publicly traded company in the Utilities sector, operating within the Regulated Electric industry. The company is headquartered in Minneapolis, MN, United States. The current CEO is Robert C. Frenzel.
XEL has IPO date of 2001-03-13, 11,380 full-time employees, listed on the NASDAQ Global Select, a market capitalization of $49.8B.
Xcel Energy Inc. is a diversified energy utility company that generates, purchases, transmits, and distributes electricity and natural gas to approximately 3.7 million electricity customers and 2.1 million natural gas customers across eight U.S. states including Colorado, Minnesota, Michigan, and Wisconsin. The company operates through regulated electric and natural gas utility segments, generating electricity from diverse sources including coal, nuclear, natural gas, wind, solar, and hydroelectric power. In addition to its core utility operations, Xcel Energy develops and leases natural gas pipelines, manages storage and compression facilities, and invests in renewable energy infrastructure and rental housing projects. Headquartered in Minneapolis, Minnesota, and incorporated in 1909, the company serves residential, commercial, and industrial customers throughout its service territories.
