Entergy Texas Inc 5.375% Series A Preferred Stock, Cumulative, No Par Value
NNYSE:ETI/PCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- David C. Borde
- Full Time Employees
- 728
- Sector
- Utilities
- Industry
- Electric utilities
- Address
- 2107 Research Forest Drive The Woodlands TX United States 77380
- IPO Date
- Sep 4, 2019
- Website
- entergy-texas.com
- Similar Companies
- Business
- Entergy Texas, Inc. Entergy Texas, Inc. (ETI-P), a subsidiary of Entergy Corporation Entergy Corp., generates, transmits, and distributes electric power to approximately 524,000 residential, commercial, industrial, and governmental customers across 27 counties in Southeast Texas spanning 15,320 square miles; the company operates an extensive infrastructure including 572,599 distribution poles, 26,045 transmission poles, 14,719 circuit miles of distribution lines, 2,714 circuit miles of transmission lines, and 329 substations. Headquartered in Beaumont and The Woodlands, Texas, with roots tracing to Gulf States Utilities following its 1994 merger with New Orleans-based Entergy Corporation, Entergy Texas focuses on delivering clean, reliable, and affordable electricity through a mix of natural gas, coal, and renewable sources while emphasizing grid modernization, energy efficiency programs such as ENERGY STAR incentives and smart thermostats, and sustainability initiatives aligned with net-zero emissions goals. In recent developments, the company received Public Utility Commission of Texas (PUCT) approval in 2025 to construct two new natural gas-fired power plants projected to commence operations by mid-2028 to meet surging regional demand; it also secured approximately $200 million in grant funding from the Texas Energy Fund as part of its Future Ready Resilience Plan and Southeast Texas Energy Plan to enhance grid resiliency through equipment upgrades and transmission investments, including the approved Southeast Texas Area Reliability Project (SETEX); additionally, in June 2024, Entergy Corporation entered a five-year joint development agreement with NextEra Energy Resources for 4.5 gigawatts of new solar and energy storage projects. Entergy Texas employs 1,553 people and serves high-growth areas like Conroe and Montgomery County, supporting economic expansion in one of the nation's fastest-developing regions while maintaining affordability and reliability amid severe weather challenges.
Company News
Entergy Texas declares quarterly dividend on preferred stock
Entergy Texas declares quarterly dividend on preferred stock
Entergy Texas advances STEP Ahead plan to meet Southeast Texas' growing power needs
Entergy Texas declares quarterly dividend on preferred stock
Entergy Texas declares quarterly dividend on preferred stock
Entergy Texas declares quarterly dividend on preferred stock
Entergy Texas declares quarterly dividend on preferred stock
Entergy Texas and ENGIE partner to explore sustainable power solutions
Entergy Texas Declares Quarterly Dividend on Preferred Stock
Entergy Texas looks to create 7,000 jobs by building natural gas, hydrogen fueled plant
Entergy Texas Plans New Generation Facility To Power Southeast Texas
Entergy Texas Declares Quarterly Dividend on Preferred Stock
Entergy Texas Declares Quarterly Dividend on Preferred Stock