Dafinchi AI

COP

Energy & Utilities

Capital expenditures were $3.3 billion, slightly down quarter-on-quarter.
ConocoPhillips produced 2,391,000 barrels of oil equivalent per day in Q2 2025, exceeding the high end of production guidance.
Ended the quarter with $5.7 billion in cash and short-term investments plus $1.1 billion in long-term liquid investments.
Generated $1.42 per share in adjusted earnings and $4.7 billion of cash flow from operations (CFO) in Q2.
Returned $2.2 billion to shareholders in Q2, including $1.2 billion in buybacks and $1 billion in dividends.

PEG

Energy & Utilities

PSEG maintained total available liquidity of $3.6 billion as of June 30, 2025, including $186 million in cash.
PSEG Power & Other reported net income of $253 million in Q2 2025 versus $132 million in Q2 2024, with non-GAAP operating earnings rising to $52 million from $11 million, benefiting from higher nuclear output and absence of last year's refueling outage.
PSEG reported net income of $1.17 per share for Q2 2025, up from $0.87 in Q2 2024, and non-GAAP operating earnings of $0.77 per share, up from $0.63 in Q2 2024, reflecting over 20% growth year-over-year.
PSE&G segment net income and non-GAAP operating earnings were $332 million in Q2 2025 compared to $302 million in Q2 2024, driven by new distribution rates and higher generating volume.
PSEG's nuclear fleet achieved a capacity factor of 88.8% in Q2 2025, producing approximately 7.5 terawatt hours, up 0.5 terawatt hours from the prior year period.

IDA

Energy & Utilities

Additional tax credit amortization was $17.2 million in Q2 2025 compared with $7.5 million in Q2 2024, and $36.5 million in the first half of 2025 versus $20 million in the first half of 2024.
Depreciation expense increased by $6.4 million quarter-over-quarter due to accelerated capital investment.
For the first half of 2025, diluted earnings per share were $2.87 versus $2.67 in 2024.
Higher O&M expenses were driven by labor cost increases and wildfire mitigation program expenses.
IDACORP's diluted earnings per share were $1.76 in Q2 2025 compared with $1.71 in Q2 2024.
Net income increased by $6.3 million in Q2 2025 compared with Q2 2024, driven by higher retail revenues, customer growth, and higher usage due to warm and dry weather.
Net nonoperating expenses increased by $7 million due to higher interest on long-term debt and transmission customer deposits.
Operating cash flows for the first half of 2025 were $301 million, $45 million higher than the first half of 2024.
Operating income benefited from a $8.8 million increase in retail revenues per megawatt hour, $6 million from customer growth, and $5.5 million from increased usage per retail customer.

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