Entergy Texas, Inc.
New York Stock ExchangeCapital 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.- Sector
- Utilities
- Industry
- General Utilities
- Address
- IPO Date
- Feb 4, 2015
- CIK
- 0001427437
- Similar Companies
- Business
- Entergy Texas, Inc. operates as an electric utility company that generates, transmits, and distributes electric power primarily throughout 27 to 28 counties in Texas, serving approximately 524,000 residential, commercial, industrial, and government customers. It provides electricity through a combination of coal and modern natural gas-fired power plants, and is connected to the Midcontinent Independent System Operator (MISO) regional transmission grid. Entergy Texas offers a comprehensive portfolio that includes electric power generation, transmission, distribution, and customer energy services. The company is a wholly owned subsidiary of Entergy Corporation, a Fortune 500 energy company headquartered in New Orleans, Louisiana. Founded as part of Entergy’s broader utility operations, Entergy Texas has recently undertaken significant initiatives to enhance energy reliability and sustainability in Southeast Texas. Key products and services include electricity provision from existing coal plants and newer, cleaner generation facilities such as natural gas power stations. The company is expanding its energy infrastructure through the development of advanced power stations including the Orange County Advanced Power Station, a 1,215-megawatt facility capable of powering over 230,000 homes, and two new gas plants, Legend and Lone Star, adding approximately 1,200 megawatts to the grid to meet growing demand. These plants offer increased efficiency and lower emissions compared to older generation assets. Recent major company changes include a strategic partnership with Kinder Morgan and Golden Pass LNG to secure a reliable and cost-effective natural gas supply to support its Southeast Texas growth plans, underpinning the company’s Southeast Texas Energy Plan (STEP Ahead). This partnership enables Entergy Texas to access competitive natural gas markets and pass fuel savings to customers while ensuring reliable energy supply for new power plants. Additionally, the Public Utility Commission of Texas (PUCT) has approved accelerated resilience and grid hardening initiatives, reflecting the company’s focus on improving storm resiliency and operational reliability. Entergy Texas is also investing in modernizing its infrastructure, including the construction of a new resilient service center facility in Beaumont designed to withstand severe weather events. Entergy Texas operates within the energy and utility industry, targeting residential, commercial, industrial, and government sectors across Texas. It aligns its business with sustainability goals, participating in renewable energy development and exploring green hydrogen projects through partnerships like that with ENGIE, which is developing an industrial-scale green hydrogen plant within Entergy’s service area. The company operates under the regulatory framework of the Texas Public Utility Commission and maintains integrated operations with Entergy Corporation’s broader assets, which collectively serve about 3 million customers in the southern United States. In summary, Entergy Texas, Inc. is a key electric utility focused on delivering reliable, affordable, and increasingly cleaner energy solutions across Texas, with recent strategic moves to expand generation capacity, secure sustainable fuel sources, and enhance grid resilience as part of its preparation for future growth and environmental demands. Its headquarters affiliation with Entergy Corporation situates it within a larger network of utilities providing diverse energy services across several southern states.
Entergy (ETR) Gets a Buy Rating from RBC Capital
Calamos Advisors LLC Has $7.25 Million Holdings in Entergy Co. (NYSE:ETR)
<![CDATA[What could have been]]>
Executive Wealth Management LLC Lowers Position in Entergy Co. (NYSE:ETR)
Entergy Co. (NYSE:ETR) Shares Acquired by Macquarie Group Ltd.
Entergy Co. (NYSE:ETR) Shares Purchased by First Hawaiian Bank
3,143 Shares in Entergy Co. (NYSE:ETR) Acquired by Altium Wealth Management LLC
Equities Analysts Offer Predictions for Entergy Co.'s Q2 2020 Earnings (NYSE:ETR)
Entergy (NYSE:ETR) Has A Somewhat Strained Balance Sheet
Q1 2020 EPS Estimates for Entergy Co. Lowered by KeyCorp (NYSE:ETR)
Entergy Co. (NYSE:ETR) Shares Sold by Dorsey Wright & Associates
CENTRAL TRUST Co Reduces Holdings in Entergy Co. (NYSE:ETR)
DNB Asset Management AS Sells 5,115 Shares of Entergy Co. (NYSE:ETR)
Arden Trust Co Makes New $78,000 Investment in Entergy Co. (NYSE:ETR)
Assenagon Asset Management S.A. Has $12.81 Million Stock Position in Entergy Co. (NYSE:ETR)
6 Meridian Makes New $451,000 Investment in Entergy Co. (NYSE:ETR)
<![CDATA[Not your average Keep It In The Ground movement]]>
What Happens When Other Disasters Hit during a Pandemic?
Gofen & Glossberg LLC IL Sells 130 Shares of Entergy Co. (NYSE:ETR)
Entergy (ETR) Receives a Hold from Morgan Stanley