Xcel Energy Inc. Trading Volume Drops 50.82% to $196 Million, Ranks 451st in Market

On May 6, 2025, Xcel Energy Inc. (XEL) saw a trading volume of $196 million, a significant drop of 50.82% from the previous day, placing it at the 451st position in the day's stock market rankings. The stock price of Xcel Energy Inc. (XEL) rose by 0.24%, marking the third consecutive day of gains, with a total increase of 0.94% over the past three days.

Xcel Energy Inc. has reached settlements on their wildfire mitigation plan in Colorado and a system resiliency plan in Texas. These proposals will invest nearly $2.4 billion in these states. The decisions from the commissions in both cases are expected during the third quarter of this year. In Colorado, Xcel plans to invest $1.9 billion by the end of 2027, with $1.6 billion allocated to capital projects such as new weather stations and artificial-intelligence cameras, and $300 million for operations and maintenance. This plan aims to address the rapidly growing threat of wildfires in Colorado, where areas with moderate-to-high fire risks have doubled since 2020. In Texas, Xcel's three-year plan focuses on reinforcing poles and wires, updating protection systems, and expanding automation in a network covering about 280,000 homes and businesses in the Panhandle and South Plains region.

Xcel executives have also increased their estimated liability from last year’s Smokehouse Creek Fire. The company has set aside $113 million for settlement agreements that will resolve 151 of the 225 claims submitted since last year. Additionally, Xcel has $500 million of insurance to cover potential losses. In the first quarter of 2025, Xcel posted a net profit of $483 million on operating revenues of $3.9 billion. Adjusted for 2024 being a leap year and normalized for weather, the company’s electric sales rose 1.9% year over year, with significant growth in its Southwestern Public Service Co. footprint in Texas.