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Xcel Energy : Foundation and Employees Celebrate Another Year of Giving Back to the Community

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12/27/2017 | 12:53pm CET

MINNEAPOLIS, Minnesota, Dec. 26 -- Xcel Energy issued the following news release:

In this season of giving, Xcel Energy's commitment to communities shines through as employees volunteered more than 23,000 hours in Minnesota this year, donated nearly $3 million to support Minnesota nonprofits, and provided thousands of gifts to those in need this holiday season.

In addition to matching these employee contributions dollar-for-dollar, nearly $3.7 million in nonprofit grants were awarded by the company's foundation nationwide, with more than half that amount supporting the work of 250 Upper Midwest organizations.

"Our non-profit partners work tirelessly every year to meet the needs of our community while making every dollar count," said Chris Clark, president, Xcel Energy-Minnesota. "They balance countless demands and determine the best way to use contributions to make positive impacts in their communities. We thank them for all they do."

The Xcel Energy Foundation focuses corporate giving on areas the company feels it can provide the most impact in its communities, including:

* Education, particularly organizations that improve science, technology, engineering and math education;

* Economic sustainability, including workforce development and economic self-sufficiency;

* Environmental protection

* Access to arts and culture.

Xcel Energy Minnesota employees and families also volunteered an additional 2,000 hours packing food for families, filling backpacks with school supplies for low income students, planting trees and shrubs at various parks, and painting, cleaning or doing yard work as part of the company's annual Day of Service in September.

Additional information about the Xcel Energy Foundation, including the grant application process, can be found at: http://www.xcelenergy.com/Community/Charitable_Giving/Xcel_Energy_Foundation.

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Financials ($)
Sales 2017 11 712 M
EBIT 2017 2 283 M
Net income 2017 1 177 M
Debt 2017 16 172 M
Yield 2017 3,18%
P/E ratio 2017 19,56
P/E ratio 2018 18,45
EV / Sales 2017 3,34x
EV / Sales 2018 3,35x
Capitalization 22 966 M
Duration : Period :
Xcel Energy Inc Technical Analysis Chart | US98389B1008 | 4-Traders
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 13
Average target price 48,8 $
Spread / Average Target 7,8%
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Benjamin G. S. Fowke Chairman, President & Chief Executive Officer
Kent T. Larson President-Group Operations & Executive VP
Robert C. Frenzel Chief Financial Officer & Executive Vice President
A. Patricia Sampson Independent Director
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