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XEL

XCEL ENERGY INCEvidence as of 2026-09-03

Overview · XCEL ENERGY INC

Xcel Energy Inc., through its subsidiaries, generates, purchases, transmits, distributes, and sells electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through coal, nuclear, natural gas, hydroelectric, solar, biomass, oil, wood/refuse, and wind energy sources. It also purchases, transports, distributes, and sells natura…

SectorUtilities
IndustryUtilities—Regulated Electric
Typeequity
ExchangeNASDAQ
Employees11,982
www.xcelenergy.com

Management team

  • Mr. Jeffrey S. Savage · Senior VP and Chief Audit & Financial Services OfficerFind on LinkedIn
  • Ms. Patricia Correa · Senior VP, Human Resources & Employee Services and Chief Human Resources OfficerFind on LinkedIn
  • Justin Tomljanovic · Vice President of Corporate DevelopmentFind on LinkedIn
  • Mr. Ryan Long · President of Minnesota, North Dakota & South Dakota and General CounselFind on LinkedIn

Start your 7-day free trial to see the full management team.

Links open LinkedIn searches, not verified profiles. Team data from our market-data vendor's company profile.

Moneyta sentiment

Where the published evidence leans after the desk debated it — not a rating or a recommendation.

Mixedhigh confidence
−2 · strongly unfavorable0 · balanced+2 · strongly favorable

+0.1 on a −2 to +2 scale.

What builds the score

Fundamentals
+0.3
Filings and risk
+0.0
Market signals
+0.1
Ownership and flow
+0.0

Solid bars are analyst rubric scores; faded bars are computed directly from data. Claims dropped in debate count for nothing; weakened claims count at half weight.

News tonecontext · not scored+0.3 observed
3 favorable1 neutral1 unfavorableacross 2 outlets · 6 stories deduped to 5 storylines

Editor's note

Written after the debate settled — the rest of the page is the evidence behind it.

GoodwinAI editor

The evidence balance is Mixed (+0.1 of a possible +2; was +0.1 before debate) · confidence high. Over the sample the company’s share count rose by 50,081,612 shares (from 574,552,694 as of 2025-02-20 to 624,634,306 as of 2026-07-28), reported quarterly net income increased from $483,000,000 (quarter ended 2025-03-31) to $586,000,000 (quarter ended 2026-06-30), and operating income by quarter moved from $677,000,000 to $706,000,000 with intra‑sample peaks of $754,000,000 (fiscal Q1 2026, ended 31 March 2026) and $749,000,000 (fiscal Q3 2025, ended 30 September 2025).

Balance-sheet and cash-flow aggregates expanded: long‑term debt rose from $27,316,000,000 (as of 2024-12-31) to $36,947,000,000 (as of 2026-06-30), cash and equivalents climbed from $179,000,000 to $2,010,000,000 over the same span, total assets grew from $70,035,000,000 to $87,165,000,000, and stockholders’ equity increased from $19,522,000,000 to $24,057,000,000. Free cash flow (TTM) is negative $2,500,000,000 while operating cash flow (TTM) is $5,312,000,000 and capex (TTM) is $7,812,000,000; market capitalization is $47,166,136,446 and enterprise value is $82,103,136,446.

How this note was made

every stage ran before the note was written
Analystsread the evidence
Debatebull ⇄ bear ×2
Chairrules on every claim
Riskstress-tests the read
Sentimentweighs what survived
Editorwrites the note

Analyst desk

Mercer, Oakes, Nash, Ellis, Yates, Talbot and Archer. The desk: named AI agents, not people. Each reads one slice of the evidence and nothing else — no outside knowledge, no browsing — so every finding traces to a source you can open.

MercerAI fundamentals analyst
+1.0

Reads the XBRL figures companies file with the SEC — revenue, margins, income, debt and share count, quarter by quarter — and reports which way the trend is running.

Entity common shares outstanding rose from 574,552,694 as of 2025-02-20 to 624,634,306 as of 2026-07-28, indicating an increase of 50,081,612 shares over that period.

XBRL companyfacts · 0000072903-25-000029

Reported quarterly net income increased across the sample: $483,000,000 in the quarter ended 2025-03-31 and $586,000,000 in the quarter ended 2026-06-30.

XBRL companyfacts · 0000072903-26-000073
OakesAI filings and risk analyst
+0.0

Reads the filings themselves, above all the year-over-year diff of Item 1A risk factors: which risks a company added, dropped or quietly reworded since its last annual report.

Which filings the desk reads

The desk reads the annual 10-K in full — its risk factors, and how they changed since last year. Quarterly 10-Qs and event filings (8-Ks, insider Form 4s) are listed for context but not read line by line: the 10-K is where the material risk disclosures live. A brand-new company, or one we have only just begun tracking, may have no annual report on file yet — its risk analysis fills in once that lands.

An 8-K (the 8-K filed 20 August 2026) was filed on 2026-08-20 and is the only filing present in the supplied evidence set.

8-K filed 2026-08-20

No other filings (for example, a 10-Q, 10-K, or additional current reports) were included in the provided evidence, so no additional items, risk-factor diffs, or management-discussion excerpts can be drawn from the supplied documents.

8-K filed 2026-08-20
NashAI market signals analyst
+0.0

Reads the signal panel above — momentum, volatility, drawdown, relative strength and beta — and ranks each against the whole research universe rather than judging it in isolation.

Dividend yield (TTM) is +3.08% and dividend growth over 3 years is +4.9%, and the yield ranks in the 81th percentile of the 547-stock research universe.

Moneyta signal set · 2026-09-02

Short- and medium-term momentum are negative: 3‑month momentum is -1.7% and 6‑month momentum is -7.7%, with 6‑month momentum ranking in the 22th percentile of the 547-stock universe.

Moneyta signal set · 2026-09-02weakened in debate
EllisAI ownership and flow analyst
+0.0

Reads which funds hold the name and at what weight, plus insider Form 4 filings, to show the exposure you may already carry through index funds.

The evidence shows XEL had a membership weight of 0.08% in ETF IVV as of 2026-09-02T13:45:47.228469+00:00.

ETF constituents · market data

The provided evidence contains a single ETF membership record for XEL (the IVV entry) and no other ETF memberships are shown in the evidence set.

ETF constituents · market data
YatesAI news analyst
+1.0

Reads recent headlines that are genuinely about this company, ignoring rating chatter and market-wide stories. Findings argue in the debate but never move the sentiment score.

Recent headlines are dominated by institutional 13F/holdings disclosures showing multiple funds initiating or increasing stakes in Xcel Energy in the second quarter (examples include Van ECK Associates, BTG Pactual Asset Management US, Canada Pension Plan Investment Board, Primecap Management, and Public Employees Retirement System of Ohio).

News · thelincolnianonline.com · 2026-08-31

Van ECK Associates Corp reported lifting its stake in Xcel Energy by 25.0% during the second quarter, owning 364,155 shares after the purchase.

News · thelincolnianonline.com · 2026-08-31
TalbotAI insider activity analyst
no data on file

Reads parsed Forms 3/4/5 — who bought or sold, at what size, and whether a 10b5-1 plan was involved. Flags clustered open-market officer buying; treats plan sales as routine and never counts a fund or 10%-holder as an officer.

No insider transactions on file in the trailing 180 days.

ArcherAI valuation analyst
+0.0

Reads the implied-expectations math built from the company's own filings (the growth rate today's price would justify, and the multiples beside it) and argues whether the market's bar looks high or low for this business. Never turns the math into a target.

Free cash flow (TTM) is negative $2,500,000,000, producing a negative FCF per share of -$3.9872.

Valuation inputs · SEC XBRL + stored EOD close

Net cash provided by (used in) operating activities (OCF, TTM) is $5,312,000,000 while capital expenditures (capex, TTM) are $7,812,000,000, which explains the negative FCF (OCF minus capex).

Valuation inputs · SEC XBRL + stored EOD close

Debate and risk review

A bull and a bear contest the claims and the chair rules on each; the risk review stress-tests what survived.

Debate1 round · 5 claims contested

A bull and a bear argue the analysts' claims across two rounds, then a chair rules on each one. Only what survives feeds the score — the argument is shown, not hidden, so you can judge the reasoning yourself.

The bull case

Several pieces of the supplied evidence jointly support a favorable read. Reported net income and quarterly operating income have increased across the sample, while cash and cash equivalents, total assets, and stockholders' equity have grown materially over the period shown — financial statement expansion that often indicates improving operating scale and balance-sheet liquidity. Market signals show a relatively attractive dividend yield (in the 81st percentile of the universe) and low realized volatility, and institutional 13F filings indicate multiple funds initiated or increased stakes in the quarter, which commonly accompanies positive investor interest. Additionally, street consensus in the supplied snapshot is skewed toward buy ratings (12 buys vs 1 hold), and the company’s reported operating income and market capitalization produce an enterprise value context that supports further fundamental analysis.

The bear case

Chair's verdict, claim by claim

Recent headlines are dominated by institutional 13F/holdings disclosures showing multiple funds initiating or increasing stakes in Xcel Energy in the second quarter (examples include Van ECK Associates, BTG Pactual Asset Management US, Canada Pension Plan Investment Board, Primecap Management, and Public Employees Retirement System of Ohio).Multiple institutional 13F/holdings disclosures initiating or increasing stakes are present in the supplied news items.upheld
Van ECK Associates Corp reported lifting its stake in Xcel Energy by 25.0% during the second quarter, owning 364,155 shares after the purchase.The Van ECK Associates filing showing a 25.0% increase to 364,155 shares is included in the news evidence.upheld
Dividend yield (TTM) is +3.08% and dividend growth over 3 years is +4.9%, and the yield ranks in the 81th percentile of the 547-stock research universe.Dividend yield, 3-year dividend growth, and percentile ranking are reported in the market signals and match the claim.upheld
Risk review

Fragility · computed, not argued

balanced0.31

27 surviving claims rest on 14 distinct sources; the heaviest analyst carries 22% of them, and 96% of what the desk raised survived the debate.

The surviving set is moderately robust: 27 claims draw on 14 sources and most points survived desk debate, which supports internal consistency. However, with one analyst responsible for 22% of claims and heavy survival across checks, the read is somewhat fragile to concentrated sources or a single analyst's interpretation; additionally the supplied evidence has a limited filing set, so material updates in filings could materially change conclusions.

Peer context · computed, not argued

12-1 momentum ranks 8th of 14 in Utilities—Regulated Electric (as of 2026-09-02).

90-day volatility ranks 3rd of 14 in Utilities—Regulated Electric (as of 2026-09-02).

dividend yield ranks 9th of 14 in Utilities—Regulated Electric (as of 2026-09-02).

Disconfirming evidence · base rates · falsifiers

Context

Outside consensus, and where this name already sits in your own portfolio.

The street's viewAnalyst consensus · third-party · 2026-09-02
Buy Hold Sell Target

Third-party consensus shown for context. It never enters Moneyta sentiment — when the two diverge, the debate above is where the why lives.

What this was built from

Every figure on this page traces to one of these. The desk reads only what is listed here — no outside knowledge, no browsing — and each card shows who read it and what it contributed to the score.

16 filings· 2 cited

SEC XBRL filings

Quarterly figures as filed with the SEC, read straight from EDGAR's structured data — not retyped or estimated.

Read by Mercer+0.3 to the score

1 document

SEC filing documents

The filings themselves, including the year-over-year comparison of Item 1A risk factors.

Read by Oakes+0.0 to the score

1 signal set

Moneyta signal set

Computed from our own end-of-day price history and ranked against the whole research universe. No AI involved.

Read by Nash+0.1 to the score

1 holdings record

Fund holdings

Which funds hold this name and at what weight, plus insider Form 4 filings.

Read by Ellis+0.0 to the score

8 headlines· 1 cited

News coverage

Recent headlines about this company, rating chatter excluded and nothing published after the report date.

Read by Yatesnothing survived

1 computation

Valuation inputs

TTM cash-flow figures from the company's own XBRL filings, priced with the stored closing price. Implied growth and multiples only; no fair-value dollar figure reaches the desk, by design.

Read by Archercontext only

1 record· 0 cited

Company profile

Sector, industry and company details.

1 record· 0 cited

Analyst consensus

Third-party consensus, shown for context only — it never enters Moneyta sentiment.

Read means we pulled and handed it to an analyst; cited means a claim on this page points at it. Reading twelve quarters to state one trend is normal — the gap is shown rather than hidden.

Social sentiment

Crowd chatter as an evidence stream.

Coming soon

Aggregated tone from public social feeds will join the desk as its own evidence stream — read by its own analyst, contested in the same debate, and shown with the same sourcing as every other claim. Until it earns that bar, nothing renders here.

RPT-97bfa106evidence c632c53fc707generated 9/3/2026, 5:15:48 AM · 77s14 model calls View trail

Written by AI, checked against sources

The analysts, the bull–bear debate and the editor's note are AI agents reading only the evidence listed on this page. They can misread a filing or a headline, which is why every claim cites a source you can open and check yourself. The sentiment score is arithmetic over the claims that survived the debate, not a language model's opinion.

Educational analysis of published data. Moneyta does not give investment advice or make recommendations. Past patterns do not indicate future results.

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The full terminal on XEL Gold

Who holds it, who's buying, what the Street thinks: live behind the lock, updated as filings land.

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Institutional holders

Net institutional flow, Q/Q

Largest holder position

Insider buys, 90 days

Clustered insider value

Street target range

The real figures are for members. Educational analysis, not advice.

Educational analysis of published data. Moneyta does not give investment advice or make recommendations.