Entergy Texas declares quarterly dividend on preferred stock

Entergy Texas has launched the 1.2 GW Orange County Advanced Power Station, adding capacity to meet growing demand. The plant, supplied by Mitsubishi Power, can eventually use 100% hydrogen. Entergy Texas plans to add 2.4 GW of capacity by 2028, including two more natural gas plants. The project cost was initially estimated at $1.2 billion. Texas' population and industrial growth are driving increased electricity demand.

Entergy Corporation (ETR) announced David Borde as president and CEO of Entergy Texas, effective immediately. He succeeds Eliecer Viamontes, who left for other opportunities. Borde previously held roles in utility strategy and investor relations at Entergy. The company serves over 3 million customers in four states.

ENTERGY TEXAS, INC. (ETI-P) filed an SEC Form 8-K — Results of Operations and Financial Condition. NEWS RELEASE FOR IMMEDIATE RELEASE July 29, 2026 Entergy reports second quarter 2026 financial results Company affirms guidance and outlooks NEW ORLEANS – Entergy Corporation (NYSE: ETR) reported second quarter 2026 earnings per share of $1.03 on an as-reported and an adjusted (n

Ford, GM, and Stellantis shares declined during the week ending Oct. 23. GM's drop coincided with its earnings report and a $20 billion buyback announcement. The decline may reflect market reaction to earnings and broader sector trends.

bp agreed to pay Louisiana $350M to settle remaining Deepwater Horizon claims, accelerating payments under the 2015 settlement. The payment resolves coastal zone litigation and provides Louisiana with earlier access to funds. bp CEO Meg O’Neill noted the agreement supports the state's investment and job creation. The 2015 settlement totaled up to $18.7B, with $4.9B allocated to Gulf Coast states.

SK Hynix canceled plans for a $10 billion U.S. IPO of its Solidigm unit due to regulatory opposition and shareholder concerns, citing market conditions. The decision follows scrutiny over potential share dilution and ownership structure complexities. SK Hynix shares rose after the announcement, despite broader market declines. Solidigm, a major flash memory producer, had planned to list as soon as next year, aiming for a valuation of up to $100 billion.