Earnings ·
Portland General Electric Company reported second quarter 2026 net income of $68 million, or $0.59 per diluted share…
PORPortland General Electric Co
Portland General Electric Company reported second quarter 2026 net income of $68 million, or $0.59 per diluted share, consistent with guidance and reflecting strong operational execution. Industrial customer demand grew 11% year-over-year, driven by high-tech and data center customers. The company reaffirmed its full-year 2026 adjusted earnings guidance of $3.33 to $3.53 per diluted share. Additionally, the board approved a quarterly common stock dividend of 0.55125 cents per share, payable on or before October 15, 2026, to shareholders of record as of September 25, 2026. Portland General Electric is an integrated energy company that generates, transmits, and distributes electricity to nearly 960,000 customers in Oregon.