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XEL Stock Report - Xcel Energy Inc.

Xcel Energy Inc. logo Xcel Energy Inc (XEL) is a publicly-traded utility holding company based in Minneapolis, Minnesota, USA. The company is primarily engaged in the generation, purchase, transmission, distribution, and sale of electricity and natural gas.

Xcel Energy operates in eight western and midwestern states in the United States, serving approximately 3.7 million electricity customers and 2.1 million natural gas customers. The company's operations are divided into two main business segments: regulated electric utility and regulated natural gas utility.

Xcel Energy is committed to a clean energy future and has set a goal to achieve net-zero carbon emissions by 2050. The company is investing in renewable energy sources like wind and solar, as well as in energy storage technologies, electric vehicles, and other clean energy solutions.

Xcel Energy is listed on the NASDAQ stock exchange under the ticker symbol XEL. The company has a market capitalization of around $39 billion as of February 2023, and its stock has generally performed well over the years, providing investors with a stable dividend income.


Stock Sector: Utilities: Electric Utilities


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