Earnings summaries and quarterly performance for PORTLAND GENERAL ELECTRIC CO /OR/.
Executive leadership at PORTLAND GENERAL ELECTRIC CO /OR/.
Maria Pope
Detailed
Chief Executive Officer
CEO
AE
Angelica Espinosa
Detailed
Senior Vice President, Chief Legal and Compliance Officer
BF
Benjamin Felton
Detailed
Executive Vice President, Chief Operating Officer
JM
John McFarland
Detailed
Vice President, Chief Commercial and Customer Officer
JT
Joseph Trpik
Detailed
Senior Vice President, Finance and Chief Financial Officer
Board of directors at PORTLAND GENERAL ELECTRIC CO /OR/.
Research analysts who have asked questions during PORTLAND GENERAL ELECTRIC CO /OR/ earnings calls.
AC
Anthony Crowdell
Mizuho Financial Group
4 questions for POR
Also covers: AEE, AEP, AES +30 more
Richard Sunderland
JPMorgan Securities LLC
4 questions for POR
Also covers: AES, AQN, ATO +9 more
Michael Lonegan
Evercore ISI
3 questions for POR
Also covers: EIX, ETR, FE +3 more
Nicholas Campanella
Barclays
3 questions for POR
Also covers: AEE, AEP, AES +32 more
TM
Travis Miller
Morningstar
3 questions for POR
Also covers: CMS, DTE, ES +10 more
BR
Brian Russo
Jefferies
2 questions for POR
Also covers: AEE, ALE, AVA +8 more
GO
Gregg Orrill
UBS Group AG
2 questions for POR
Also covers: AWK, CMS, EIX +4 more
Julien Dumoulin-Smith
Jefferies
2 questions for POR
Also covers: AEE, AEP, AES +54 more
PF
Paul Fremont
Ladenburg Thalmann
2 questions for POR
Also covers: AEE, CNP, CPK +17 more
SP
Shahriar Pourreza
Guggenheim Partners
2 questions for POR
Also covers: AEE, AEP, AVA +29 more
CE
Chris Ellinghaus
Siebert Williams Shank
1 question for POR
Also covers: BKH, CTRI, IDA +4 more
CE
Christopher Ellinghaus
Siebert Williams Shank & Co., LLC
1 question for POR
Also covers: BKH, CPK, CTRI +12 more
NR
Nathan Richardson
Barclays
1 question for POR
Also covers: EVRG, LNT, OGE
SK
Sophie Karp
KeyBanc Capital Markets Inc.
1 question for POR
Also covers: AGR, AVA, CEG +12 more
Recent press releases and 8-K filings for POR.
Portland General Electric Reports Q3 2025 Results, Updates Load Growth Guidance
POR
Earnings
Guidance Update
New Projects/Investments
- Portland General Electric (PGE) reported Q3 2025 GAAP net income of $103 million or $0.94 per diluted share, and non-GAAP net income of $110 million or $1.00 per share. The company updated its weather-adjusted 2025 load growth guidance to 3.5% to 4.5% and reaffirmed its 2025 adjusted earnings guidance of $3.13 to $3.33 per diluted share.
- Total load increased 5.5% (7.3% weather-adjusted) in Q3 2025 compared to Q3 2024, primarily driven by a 13% increase in industrial load from data centers and high-tech customers.
- PGE is advancing its clean energy strategy, having secured over $1 billion in tax credits for its own portfolio and estimating another $1 billion from third-party contracts. The 2023 RFP has over 1 gigawatt of solar and battery projects on its updated shortlist.
- The proposed creation of a holding company and transmission company is progressing, with the holding company potentially being approved earlier to provide improved financing flexibility.
Oct 31, 2025, 3:00 PM
Portland General Electric Announces Q3 2025 Results and Reaffirms Guidance
POR
Earnings
Guidance Update
New Projects/Investments
- Portland General Electric reported Q3 2025 GAAP net income of $103 million, or $0.94 per diluted share, and non-GAAP net income of $110 million, or $1.00 per share, compared to Q3 2024 GAAP net income of $94 million, or $0.90 per diluted share.
- The company reaffirmed its 2025 adjusted earnings guidance of $3.13 to $3.33 per diluted share, long-term EPS and dividend growth guidance of 5% to 7%, and long-term growth guidance of 3% through 2029.
- Total load increased 5.5% overall and 7.3% weather-adjusted in Q3 2025 compared to Q3 2024, primarily due to a 13% increase in industrial load, leading to an updated weather-adjusted 2025 load growth guidance of 3.5% to 4.5%.
- PGE has secured over $1 billion in federal tax credits for its own clean energy portfolio and estimates an additional $1 billion from long-term third-party energy contracts, while also progressing with the proposed creation of a holding company and transmission company.
Oct 31, 2025, 3:00 PM
Portland General Electric Reports Strong Q3 2025 Results and Reaffirms Guidance
POR
Earnings
Guidance Update
New Projects/Investments
- Portland General Electric reported Q3 2025 GAAP net income of $103 million, or $0.94 per diluted share, and non-GAAP net income of $110 million, or $1.00 per share, compared to Q3 2024 GAAP net income of $94 million, or $0.90 per diluted share.
- The company experienced significant demand growth in Q3 2025, with total load increasing 5.5% overall and 13% in industrial load, primarily from data centers and high-tech customers.
- As a result of this growth, Portland General Electric updated its weather-adjusted 2025 load growth guidance to 3.5% to 4.5% and reaffirmed its 2025 adjusted earnings guidance of $3.13 to $3.33 per diluted share and long-term EPS and dividend growth guidance of 5% to 7%.
- The company is advancing its clean energy strategy, having secured over $1 billion in federal tax credits for its own portfolio and estimating another $1 billion from third-party contracts, with over 1 gigawatt of solar and battery projects on the updated shortlist for the 2023 RFP.
- Progress continues on strategic initiatives, including the proposed creation of a holding company and transmission company, with the holding company potentially concluding earlier than the target date of June 2026, offering improved financing flexibility.
Oct 31, 2025, 3:00 PM
Portland General Electric (POR) Reports Q3 2025 Financial Results and Reaffirms Full-Year Guidance
POR
Earnings
Guidance Update
New Projects/Investments
- Portland General Electric (POR) reported GAAP diluted EPS of $0.94 and Non-GAAP adjusted diluted EPS of $1.00 for Q3 2025.
- The company reaffirmed its 2025 Adjusted Earnings Guidance of $3.13 - $3.33 and 2025E Accounting ROE of 8.8% - 9.3%.
- POR forecasts significant capital expenditures for 2025, including $575 million for Distribution and $165 million for BESS Projects.
- As of September 30, 2025, total liquidity stood at $1,038 million, comprising $137 million in cash and $750 million in credit facilities.
- Strategic initiatives include the formation of a Holding Company and Transmission Company, with an estimated effective date of Mid-2026, and ongoing 2023 and 2025 RFPs for clean energy projects.
Oct 31, 2025, 3:00 PM
Portland General Electric Announces Third Quarter 2025 Results
POR
Earnings
Guidance Update
New Projects/Investments
- Portland General Electric reported GAAP earnings of $0.94 per diluted share and non-GAAP earnings of $1.00 per diluted share for the third quarter of 2025, compared to GAAP net income of $0.90 per diluted share for the third quarter of 2024.
- The company is reaffirming its 2025 adjusted earnings guidance of $3.13 to $3.33 per diluted share and updated its 2025 weather-adjusted load growth estimate to 3.5% to 4.5%.
- Third quarter financial results reflect continued demand growth from data center customers, driving 13% industrial load growth quarter-over-quarter.
- On October 22, 2025, the board of directors approved a quarterly common stock dividend of $0.525 per share, payable on or before January 15, 2026.
- The Public Utility Commission of Oregon (OPUC) issued an Order on October 21, 2025, for the Seaside Battery Energy Storage System, resulting in an annual revenue requirement increase of $42 million.
Oct 31, 2025, 12:59 PM
Portland General Electric Announces Third Quarter 2025 Results and Reaffirms 2025 Guidance
POR
Earnings
Guidance Update
Dividends
- Portland General Electric reported third quarter 2025 GAAP earnings of $0.94 per diluted share and non-GAAP earnings of $1.00 per diluted share, with net income of $103 million (GAAP) and $110 million (non-GAAP). This compares to GAAP net income of $94 million or $0.90 per diluted share for the third quarter of 2024.
- The company reaffirmed its 2025 adjusted earnings guidance of $3.13 to $3.33 per diluted share.
- Third quarter financial results reflect 13% industrial load growth quarter-over-quarter due to continued demand from data center customers, which also contributed to an increase in total revenues.
- The board of directors approved a quarterly common stock dividend of $0.525 per share, payable on or before January 15, 2026, to shareholders of record on December 22, 2025.
- The Public Utility Commission of Oregon (OPUC) issued an Order for the Seaside Battery Energy Storage System, resulting in a $42 million annual revenue requirement increase.
Oct 31, 2025, 9:00 AM
Portland General Electric and GridCARE Accelerate Data Center Power Capacity
POR
New Projects/Investments
- Portland General Electric (PGE) and GridCARE have completed a joint project in Hillsboro, Oregon, to accelerate large load interconnections for data centers.
- This initiative will provide over 80 MW of incremental capacity for data centers in 2026, with a total of more than 400 MW expected to be energized by 2029.
- The project leverages GridCARE's AI-enabled grid planning approach and patented DeFlex™ methodology, optimizing existing grid infrastructure to connect data centers years earlier than anticipated.
- This breakthrough addresses the rapidly increasing electricity demand from data centers, which is projected to reach 6.7% to 12% of U.S. consumption by 2028.
Oct 8, 2025, 1:00 PM
Portland General Electric Plans $6.5B Investment and Offers Near-5% Yield
POR
Dividends
New Projects/Investments
- Portland General Electric is highlighted as a top utility stock pick, trading below its fair value with a near-5% forward dividend yield.
- The company intends to invest $6.5 billion over the next five years, a 20% increase from the past decade, to meet Oregon's clean energy requirements, growing electricity demand, and to strengthen its system.
- This significant investment is supported by Oregon's mostly constructive regulatory environment, which features forward-looking rates and timely decisions, thereby reducing regulatory risk.
Sep 28, 2025, 9:02 PM
Portland General Electric Reports Strong Q4 and Full-Year 2024 Results, Issues 2025 Guidance
POR
Earnings
Guidance Update
New Projects/Investments
- Portland General Electric reported FY 2024 GAAP net income of $313 million, or $3.01 per diluted share, and non-GAAP net income of $327 million, or $3.14 per share, compared to FY 2023 GAAP net income of $228 million, or $2.33 per share. For Q4 2024, GAAP net income was $39 million, or $0.36 per share.
- The company issued 2025 earnings guidance of $3.13 to $3.33 per diluted share and reiterated its long-term dividend and EPS growth guidance of 5% to 7%, based on a $3.08 per share midpoint of original 2024 guidance. Long-term customer usage growth expectations were increased from 2% to 3% weather-adjusted through 2029.
- In 2024, Portland General Electric invested over $1.2 billion in capital projects , with clean energy representing 45% of its energy mix and plans to have over 500 megawatts of battery capacity soon. The Seaside Battery Project is expected online in mid-2025.
- Total available liquidity at year-end was $997 million. The company anticipates equity needs of approximately $300 million per year in 2025 and 2026, tapering thereafter, and expects debt issuances of up to $550 million throughout 2025.
Feb 14, 2025, 4:00 PM
Quarterly earnings call transcripts for PORTLAND GENERAL ELECTRIC CO /OR/.
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