Entergy Mississippi, Inc. 1M BD 66

Entergy Mississippi, Inc. 1M BD 66

EMP
Entergy Mississippi, Inc. 1M BD 66US flagNew York Stock Exchange
20.14
USD
+0.04
- -
174.54MMarket Cap
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
CEO
Haley Fisackerly
Full Time Employees
716
Sector
Utilities
Industry
Regulated Electric
Address
308 East Pearl Street Jackson, 39201United States Jackson TX United States of America
IPO Date
Jan 3, 2000
Business
Entergy Mississippi, Inc. engages in the generation, transmission, distribution, and sale of electricity to approximately 459,000 customers across 45 counties in Mississippi. The company provides electric power primarily generated from a diverse mix of coal, natural gas, nuclear, and solar energy sources. Its core offerings include electric utility services to residential, commercial, and industrial customers, supplemented by energy efficiency programs, outage and restoration services, advanced metering technology, and various business energy solutions such as tax incentives, site support, and electrical equipment incentives. Entergy Mississippi also delivers specialized programs for small businesses, agricultural and manufacturing sectors, including discounted electricity rates and LED lighting upgrades. The company operates as a subsidiary of Entergy Corporation and is headquartered in Jackson, Mississippi. Recent major developments include a commitment to the Superpower Mississippi reliability initiative, a multibillion-dollar five-year program aimed at enhancing the power grid's resilience, reliability, and capacity. This initiative includes nearly $1 billion in grid improvements, driven by new revenues from large industrial investments such as Amazon, enabling Entergy Mississippi to increase grid improvement spending by 50% without raising customer rates. The company also recently completed a $33 million project to support power load growth in Grenada’s industrial corridor and is investing $1.2 billion to build the Vicksburg Advanced Power Station, a cutting-edge 754-megawatt natural gas facility designed to replace aging infrastructure, supporting future energy demand and sustainability goals. Founded in 2018 following a restructuring from Entergy Mississippi Power and Light, LLC, Entergy Mississippi operates within the regulated utility sector and is the largest electric utility in Mississippi. It leverages an extensive transmission and distribution network to serve residential, commercial, and wholesale customers, emphasizing operational excellence, safety, and innovation. The company supports economic development in Mississippi by offering competitive rates and incentives to attract and retain industrial and manufacturing operations. Its strategic partnerships, infrastructure investments, and customer service programs position it as a key player in powering Mississippi’s energy future.

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