Portland General Electric Company (POR)

Over the past six months, Portland General Electric's stock has declined, underperforming The Utilities Select Sector SPDR Fund. The company reported Q2 2025 results with an EPS of $0.66 and revenue of $807.00 million, surpassing estimates. KeyCorp raised its Q3 2025 EPS estimates for PGE. Insider trading activity included share sales by CFO Joseph R. Trpik, Jr. and CEO Maria M. Pope. Analyst ratings have generally been "Hold," with a consensus price target of $46.73. Company developments included filing to create a holding company structure, a dividend increase, workforce reductions, legislative developments, energizing battery energy storage, declaring a dividend, and partnering with GridCARE.

Demand for Portland General Electric's products and services exhibits seasonality, influenced by weather patterns, with a "Summer Event Season" and a "Winter Event Season." PGE activates demand response programs during extreme temperatures or high market power prices to maintain grid stability. The company anticipates significant capacity needs by 2030 and has observed load increases driven by industrial usage, expecting annual load growth through 2029.

Portland General Electric Co. is an integrated electric utility company based in Portland, Oregon, involved in electricity generation, transmission, distribution, and retail sales, operating within the public utility and energy sectors. The company's generation and storage facilities include hydropower, wind, solar, battery storage, and thermal sources like natural gas and coal.

Portland General Electric serves approximately 950,000 customers across 51 cities within seven counties in Oregon, covering a service area population of 2 million Oregonians. This area accounts for nearly two-thirds of Oregon's commercial and industrial activity, covering most of Portland west of the Willamette River.

Portland General Electric has maintained a strong brand reputation, being ranked as the No. 1 utility in the 2024 Forrester U.S. Customer Experience Index and consistently leading in renewable power programs. The company is committed to ambitious climate goals and has contributed significantly to its community through donations and volunteer work. While wildfire prevention expenses impacted earnings, the company has focused on risk reduction through operational execution and wildfire mitigation.

Institutional shareholders hold a significant majority (98.17%) of Portland General Electric Co. stock, with major holders including BlackRock Inc., Vanguard Group Inc, Atlas Infrastructure Partners UK Ltd, Fuller Thaler Asset Management Inc, and State Street Corp. Individual owners, primarily company insiders, represent 1.21% of the ownership.