Avangrid

Avangrid, Inc. engages in the energy transmission and gas distribution. It operates through the following segments: Networks, Renewables, and Other. The Networks segment includes energy transmission and distribution, electric transmission, and gas distribution activities. The Renewables segment relates to renewable energy, mainly wind energy generation and trading related to such activities. The Other segment covers miscellaneous corporate revenues including intersegment eliminations. The company was founded in 1852 and is headquartered in Orange, CT.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

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Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

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Earnings data Q1 2023

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Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Avangrid reports robust Q4 earnings, eyes growth amid challenges

Avangrid's Q4 2022 earnings call highlighted strong financial performance, strategic investments in clean energy, and positive outlook for 2023. Challenges in Networks earnings and ongoing negotiations pose potential impacts on future financial results.

Avangrid reports solid Q1 results, affirms 2023 earnings outlook

Avangrid's Q1 performance driven by strategic initiatives in networks and renewables, affirming outlook for 2023 earnings.
Balancing challenges of higher costs and pending rate cases with opportunities in project advancements and financial sustainability.
Maintaining focus on trust, collaboration, and growth prospects, with a commitment to executing value creation in regulated and renewables businesses.
Confidence in achieving targets, managing costs, and capturing growth opportunities through planned investments in renewable energy expansion.

Avangrid meets Q2 expectations, focuses on sustainability and growth

Avangrid's Q2 performance met expectations, with a strong focus on sustainability and growth initiatives.
The company faces challenges in navigating rate cases, mergers, and strategic asset management.
Opportunities in renewable energy projects, transmission investments, and talent development can drive future success.
Overall, Avangrid's commitment to financial stability, renewable energy, and stakeholder value creation positions it for long-term growth.

Avangrid reports solid Q3 earnings, focuses on growth opportunities

Avangrid's Q3 performance showed solid financial results, progress on key projects, and recognition for sustainability efforts. While facing challenges with wind project terminations and CFO resignation, the company is focused on leveraging opportunities for growth and enhancing compliance. Avangrid's strategic focus on sustainability, project development, and financial metrics remains strong.

Avangrid reports robust Q4 earnings, eyes growth in renewables

Avangrid's Q4 2023 performance reflects strong financial results and strategic investments in renewables, positioning the company for future growth.
While facing challenges such as legal matters and strategic decisions, Avangrid's commitment to operational efficiency and growth opportunities remains strong.
With a clear focus on financial stability, dividend policy, and long-term growth prospects, Avangrid is poised for continued success in the energy sector.

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AVANGRID (AGR) is expected to further benefit from strategic investment plans and expanding wind and solar generation portfolio.

AVANGRID (AGR) Rides on Investments & Expanding Clean Portfolio

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid Earns Eight Accolades in First Half of 2023.

Avangrid Earns Eight Accolades in First Half of 2023

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid Companies Receive EEI Emergency Response Award.

Avangrid Companies Receive EEI Emergency Response Award

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, announced today that the Maine Public Utilities Commission approved Central Maine Power's multi-year rate plan. Key highlights of the rate plan can be found on the Regulatory page in the Investors section of the Avangrid website. About Avangrid: Avangrid, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Or.

Maine Public Utilities Commission Unanimously Approve Central Maine Power Multi-year Rate Plan

ORANGE, Conn.--(BUSINESS WIRE)--Ethisphere Recognizes Avangrid with Compliance Leader Verification for Third Consecutive Term.

Ethisphere Recognizes Avangrid with Compliance Leader Verification for Third Consecutive Term

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid Student Loan Repayment Program Saves Employees More Than $300,000 in Its First Three Months.

Avangrid Student Loan Repayment Program Saves Employees More Than $300,000 in Its First Three Months

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid Chairman Ignacio Galán Receives the ESG Leadership Award from The Foreign Policy Association in New York.

Avangrid Chairman Ignacio Galán Receives the ESG Leadership Award from The Foreign Policy Association in New York

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid Named One of America's Climate Leaders 2023 By USA Today.

Avangrid Named One of America's Climate Leaders 2023 By USA Today

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID, Inc. (NYSE:AGR) will participate in the AGA Financial Forum beginning on Sunday, May 21, 2023. Investors and other interested parties can access a copy of the presentation materials on the Investors section of AVANGRID's website at http://www.avangrid.com. About AVANGRID: AVANGRID, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $41 billion in assets and operation.

AVANGRID to Participate in the American Gas Association 2023 Financial Forum

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID Announces New Date for 2023 Annual Meeting of Shareholders.

AVANGRID Announces New Date for 2023 Annual Meeting of Shareholders

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID (NYSE: AGR), a leading sustainable energy company, and a member of the group of companies controlled by IBERDROLA, S.A., today released the following statement from Sy Oytan, Chief Operating Officer – Offshore Wind, regarding the U.S. District Court Ruling on Nantucket Residents Against Turbines et al, v. US Bureau of Ocean Energy Management, et. al. “AVANGRID commends the efforts of the U.S. Department of Justice, the federal government, and the Vineyar.

Statement From AVANGRID COO Sy Oytan on U.S. District Court Ruling Related to Vineyard Wind 1 Project

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID: New Mexico Supreme Court Denies Motion to Dismiss and Remand Merger Appeal, Schedules Oral Argument.

AVANGRID: New Mexico Supreme Court Denies Motion to Dismiss and Remand Merger Appeal, Schedules Oral Argument

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID (NYSE: AGR), a leading sustainable energy company and part of the Iberdrola Group, today announced a meaningful contribution to Yale University to support innovative research projects focused on advancing the clean energy transition. This collaboration, which began in 2019, supports research into topics such as solar energy, battery storage, electric vehicles, energy policy, clean energy leadership, market development, corporate net-zero commitments, and.

AVANGRID Strengthens Support for Energy Innovation by Extending Collaboration With Yale

ThayerMahan to anchor acoustic mitigation systems headquarters in New Bedford as it expands to further serve the offshore wind industry NEW BEDFORD, Mass. , May 12, 2023 /PRNewswire/ -- Vineyard Wind, a joint venture between Copenhagen Infrastructure Partners (CIP) and AVANGRID, Inc. (NYSE: AGR), today announced a pilot program to deploy and test a secondary bubble curtain during foundation installation through a partnership with ThayerMahan, a firm that specializes in seabed surveys, acoustic mitigation and monitoring, and other maritime related services, with facilities in Connecticut and Massachusetts.

Vineyard Wind Announces Investment In US-Based Bubble Curtain Supplier

The Utilities sector has been quiet so far in 2023 after some big fluctuations last year. The Northeast-based Avangrid is progressing on its renewable energy projects and earnings are generally steady.

Avangrid: Shares Fairly Valued After Earnings, Solid Dividend Yield

WELLINGTON, Colo.--(BUSINESS WIRE)--FulcrumAir completes installation of Bird Flight Diverters using the latest drone and robotic technology at AVANGRID's Manzana Wind Power Project.

FulcrumAir completes installation of Bird Flight Diverters using the latest drone and robotic technology at AVANGRID's Manzana Wind Power Project

ORANGE, Conn.--(BUSINESS WIRE)--First paragraph of release dated April 28, 2023, should read: The shareholders of AVANGRID, Inc.'s (NYSE: AGR) parent company Iberdrola have resoundingly approved all resolutions on the agenda at the company's annual shareholders meeting in Bilbao, with an average affirmative vote of more than 98% across all 22 items on the agenda, which covered results, dividends and corporate management; corporate governance and sustainability; remuneration; and the appointment.

ADDING and REPLACING Massive Shareholder Support for Management of AVANGRID's Parent Company Iberdrola in a Record Year for the Company

ORANGE, Conn.--(BUSINESS WIRE)--Iberdrola's shareholders have resoundingly approved all resolutions on the agenda at the company's annual shareholders meeting in Bilbao, with an average affirmative vote of more than 98% across all 22 items on the agenda, which covered results, dividends and corporate management; corporate governance and sustainability; remuneration; and the appointment and re-election of directors. The Iberdrola Annual General Meeting of Shareholders, held at the Torre Iberdrol.

Massive Shareholder Support for Management of AVANGRID's Parent Company Iberdrola in a Record Year for the Company

LAS CRUCES, N.M.--(BUSINESS WIRE)--AVANGRID, a leading sustainable energy company and part of the Iberdrola Group, is the newest corporate sponsor of New Mexico Agriculture in the Classroom (NMAITC). As a Gold Apple Sponsor, their $10,000 contribution will help NMAITC enhance its agricultural literacy efforts among Pre-K-12th grade New Mexico classroom teachers and their students. "We sincerely appreciate AVANGRID for their support of our New Mexico agricultural literacy initiatives,” said Eliz.

AVANGRID Becomes Corporate Sponsor of New Mexico Agriculture in the Classroom

Avangrid Inc. (AGR) Q1 2023 Earnings Call Transcript.

Avangrid Inc. (AGR) Q1 2023 Earnings Call Transcript

AVANGRID's (AGR) first-quarter earnings miss estimates, while revenues beat the same. PNM Resources merger deal extended till July 20.

AVANGRID's (AGR) Q1 Earnings Lag Estimates, Revenues Beat

Avangrid (AGR) came out with quarterly earnings of $0.64 per share, missing the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $1.16 per share a year ago.

Avangrid (AGR) Q1 Earnings Lag Estimates

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID, Inc. (NYSE:AGR) posted its first quarter 2023 earnings release and presentation in the Investors section of the Company's website. Interested parties can access using the following link: www.avangrid.com. In conjunction with the earnings release, AVANGRID will conduct a webcast conference call with financial analysts on Wednesday, April 26, 2023, beginning at 10:00 A.M. ET. AVANGRID's Executive team will present an overview of the financial results foll.

AVANGRID First Quarter 2023 Financial Results Available on Company's Website

PORTLAND, Ore.--(BUSINESS WIRE)--AVANGRID (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, announced today that it has achieved commercial operation at its 162 MWac (205 MWdc) Pachwáywit Fields solar farm (also known as Montague Solar) in Gilliam County, Oregon, becoming the state's largest photovoltaic plant. The facility will deliver clean, renewable energy to large customers and municipalities enrolled in Portland General Electric's (PGE) Green Future Impa.

News for Avangrid Stock (AGR)