Articles from Pinnacle West Capital Corp.

Pinnacle West Capital Corp. (NYSEPNW) announced today that it plans to release its 2024 fourth-quarter and full-year financial results before the U.S. financial markets open on Tuesday, Feb. 25, 2025.

Pinnacle West Capital Corp. (NYSEPNW) announced today that Pinnacle West and Arizona Public Service (APS) Chairman and CEO Jeff Guldner will retire as Chairman of the Board, CEO and board member on March 31, 2025, after 5 years of leading the company. APS President Ted Geisler will assume the roles of Chairman of the Board, President and CEO of Pinnacle West and APS effective April 1, 2025. Guldner will remain employed by Pinnacle West in a non-executive advisory capacity to support a smooth transition through the end of March 2026.

Pinnacle West Capital Corp. (NYSEPNW) today reported consolidated net income attributable to common shareholders for the 2024 third quarter of $395.0 million, or $3.37 per diluted share of common stock. This result compares with consolidated net income of $398.2 million, or $3.50 per diluted share of common stock, for the same period a year ago.

Pinnacle West Capital Corp. (NYSEPNW) announced today that it plans to release its 2024 third-quarter financial results before the U.S. financial markets open on Wednesday, Nov. 6, 2024.

Pinnacle West Capital Corp. (NYSEPNW) today reported consolidated net income attributable to common shareholders of $203.8 million, or $1.76 per diluted share of common stock, for the quarter ended June 30, 2024. This result compares with consolidated net income of $106.7 million, or $0.94 per diluted share, for the same period in 2023.

Pinnacle West Capital Corp. (NYSEPNW) announced today that it plans to release its 2024 second-quarter financial results before the U.S. financial markets open on Thursday, Aug. 1, 2024.

Pinnacle West Capital Corp. (NYSEPNW) announced today that its board of directors has elected three new members to the company’s board: Ronald Butler Jr., a “Big 4” public accounting firm managing partner with more than 32 years of diverse management and executive leadership experience; Carol S. Eicher, a seasoned executive who has served in multiple board leadership roles with both public and private equity-backed businesses; and Susan T. Flanagan, an executive with a broad and accomplished career spanning various sectors, including regulated utilities, energy and renewables, finance and capital markets, and portfolio management.

Pinnacle West Capital Corp. (NYSEPNW) (“Pinnacle West”) announced the pricing of its offering of $475 million aggregate principal amount of its 4.75% convertible senior notes due 2027 (the “convertible notes”) in a private placement under the Securities Act of 1933, as amended (the “Securities Act”). The offering of the convertible notes was upsized from the previously announced offering size of $450 million aggregate principal amount of convertible notes. Pinnacle West also granted the initial purchasers of the convertible notes an option to purchase, within a 13-day period from, and including, the date on which the convertible notes are first issued, up to an additional $50 million aggregate principal amount of the convertible notes. The sale of the convertible notes is expected to close on June 6, 2024, subject to the satisfaction of customary closing conditions.

Pinnacle West Capital Corp. (NYSEPNW) (“Pinnacle West”) announced today that it intends to offer, subject to market and other conditions, $450 million aggregate principal amount of its convertible senior notes due 2027 (the “convertible notes”) in a private placement under the Securities Act of 1933, as amended (the “Securities Act”). Pinnacle West also intends to grant the initial purchasers of the convertible notes an option to purchase, within a 13-day period from, and including, the date on which the convertible notes are first issued, up to an additional $67.5 million aggregate principal amount of the convertible notes.

Pinnacle West Capital Corp. (NYSEPNW) today reported consolidated net income attributable to common shareholders of $16.9 million, or $0.15 per diluted share of common stock, for the quarter ended March 31, 2024. This result compares with a consolidated net loss attributable to common shareholders of $3.3 million, or a loss of $0.03 per diluted share, for the same period in 2023.

Pinnacle West Capital Corp. (NYSEPNW) announced today that it plans to release its 2024 first-quarter financial results before the U.S. financial markets open on Thursday, May 2, 2024.

Pinnacle West Capital Corp. (NYSEPNW) (“Pinnacle West”) announced today that it has priced its registered public offering of 9,774,436 shares of its common stock for approximate net proceeds of $630.5 million (before offering expenses, assuming the underwriters do not exercise their option to purchase additional shares and upon, and assuming, full physical settlement of the forward sale agreements) in connection with the forward sale agreements described below. The common stock offering was priced at a public offering price of $66.50 per share.

Pinnacle West Capital Corp. (NYSEPNW) (“Pinnacle West”) announced today that it is commencing a registered public offering of $650 million of its common stock in connection with the forward sale agreements described below, subject to market and other conditions.

Pinnacle West Capital Corp. (NYSEPNW) today reported consolidated net income attributable to common shareholders of $501.6 million, or $4.41 per diluted share, for full-year 2023. This result compares with net income of $483.6 million, or $4.26 per diluted share, in 2022.

Pinnacle West Capital Corp. (NYSEPNW) announced today that it plans to release its 2023 fourth-quarter and full-year financial results before the U.S. financial markets open on Tuesday, Feb. 27, 2024.

Pinnacle West Capital Corp. (NYSEPNW) today reported consolidated net income attributable to common shareholders for the 2023 third quarter of $398.2 million, or $3.50 per diluted share. This result compares with net income of $326.3 million, or $2.88 per share, for the same period a year ago.

Pinnacle West Capital Corp. (NYSEPNW) announced today that it plans to release its 2023 third-quarter financial results before U.S. financial markets open on Thursday, Nov. 2, 2023.

Pinnacle West Capital Corp. (NYSEPNW) today reported consolidated net income attributable to common shareholders of $106.7 million, or $0.94 per diluted share of common stock, for the quarter ended June 30, 2023. This result compares with consolidated net income of $164.3 million, or $1.45 per diluted share, for the same period in 2022.

Pinnacle West Capital Corp. (NYSEPNW) announced today that it plans to release its 2023 second-quarter financial results before the U.S. financial markets open on Thursday, August 3, 2023.

Pinnacle West Capital Corp. (NYSEPNW) today reported a consolidated net loss attributable to common shareholders of $3.3 million, or a loss of $0.03 per diluted share of common stock, for the quarter ended March 31, 2023. This result compares with consolidated net income of $17.0 million, or $0.15 per diluted share, for the same period in 2022.

Pinnacle West Capital Corp. (NYSEPNW) announced today that it plans to release its 2023 first-quarter financial results before the U.S. financial markets open on Thursday, May 4, 2023.

Pinnacle West Capital Corp. (NYSEPNW) today reported consolidated net income attributable to common shareholders of $483.6 million, or $4.26 per diluted share, for full-year 2022. This result compares with net income of $618.7 million, or $5.47 per diluted share, in 2021.

Pinnacle West Capital Corp. (NYSEPNW) announced today that former Nuclear Regulatory Commission (NRC) Chairman Kristine L. Svinicki has been elected to the company’s board of directors effective immediately. She will join the board’s Audit and Nuclear & Operating committees.

Pinnacle West Capital Corp. (NYSEPNW) announced today that it plans to release its 2022 fourth-quarter and full-year financial results before the U.S. financial markets open on Monday, Feb. 27, 2023.

Pinnacle West Capital Corp. (NYSEPNW) today reported consolidated net income attributable to common shareholders for the 2022 third quarter of $326.3 million, or $2.88 per diluted share. This result compares with net income of $339.8 million, or $3.00 per share, for the same period a year ago.

Pinnacle West Capital Corp. (NYSEPNW) announced today that it plans to release its 2022 third-quarter financial results before the U.S. financial markets open on Thursday, Nov. 3, 2022.

Pinnacle West Capital Corp. (NYSEPNW) today reported consolidated net income attributable to common shareholders of $164.3 million, or $1.45 per diluted share of common stock, for the quarter ended June 30, 2022. This result compares with earnings of $215.7 million, or $1.91 per share, in the same 2021 period.

Pinnacle West Capital Corp. (NYSEPNW) announced today that it plans to release its 2022 second-quarter financial results before the U.S. financial markets open on Wednesday, Aug. 3, 2022.

Pinnacle West Capital Corp.’s (NYSEPNW) board of directors today declared a quarterly dividend of $0.85 per share of common stock, payable on Sept. 1, 2022, to shareholders of record at the close of business on Aug. 1, 2022.

Pinnacle West Capital Corp. (NYSEPNW) today reported consolidated net income attributable to common shareholders of $17.0 million, or $0.15 per diluted share of common stock, for the quarter ended March 31, 2022. This result compares with $35.6 million, or $0.32 per diluted share, for the same period in 2021.

Pinnacle West Capital Corp. (NYSEPNW) announced today that it plans to release its 2022 first-quarter financial results before the U.S. financial markets open on Wednesday, May 4, 2022.

Pinnacle West Capital Corp. (NYSEPNW) announced today that Gonzalo A. de la Melena Jr., Founder and Chief Executive Officer of Phoenix-based Emerging Airport Ventures, has been elected to the company’s board of directors effective immediately.

Pinnacle West Capital Corp. (NYSEPNW) today reported consolidated net income attributable to common shareholders of $618.7 million, or $5.47 per diluted share, for full-year 2021. This result compares with net income of $550.6 million, or $4.87 per diluted share, in 2020.

Pinnacle West Capital Corp. (NYSEPNW) announced today that it plans to release its 2021 fourth-quarter and full-year financial results before the U.S. financial markets open on Friday, Feb. 25, 2022.

Pinnacle West Capital Corp. (NYSEPNW) today reported consolidated net income attributable to common shareholders for the 2021 third quarter of $339.8 million, or $3.00 per diluted share. This result compares with net income of $346.4 million, or $3.07 per share, for the same period a year ago.

Pinnacle West Capital Corp. (NYSEPNW) announced today that it plans to release its 2021 third-quarter financial results before the U.S. financial markets open on Friday, Nov. 5, 2021.

Pinnacle West Capital Corp. (NYSEPNW) today reported consolidated net income attributable to common shareholders of $215.7 million, or $1.91 per diluted share of common stock, for the quarter ended June 30, 2021. This result compares with earnings of $193.6 million, or $1.71 per share, in the same 2020 period.

Pinnacle West Capital Corp. (NYSEPNW) announced today that it plans to release its 2021 second-quarter financial results before the U.S. financial markets open on Thursday, Aug. 5, 2021.

Pinnacle West Capital Corporation’s (NYSEPNW) board of directors today declared a quarterly dividend of $0.83 per share of common stock, payable on September 1, 2021, to shareholders of record on August 2, 2021.

Pinnacle West Capital Corp. (NYSEPNW) today reported consolidated net income attributable to common shareholders of $35.6 million, or $0.32 per diluted share of common stock, for the quarter ended March 31, 2021. This result compares with $30.0 million, or $0.27 per diluted share, for the same period in 2020.