About the Company
Portland General Electric (PGE) is a Fortune 1000 public utility based in Portland, Oregon. It distributes electricity to customers in parts of Multnomah, Clackamas, Marion, Yamhill, Washington, and Polk counties – 44% of the inhabitants of Oregon. Founded in 1888 as the Willamette Falls Electric Company, the company has been an independent company for most of its existence, though was briefly owned by the Houston-based Enron Corporation from 1997 until 2006 when Enron divested itself of PGE during its bankruptcy. Notably, PGE does not serve all of Portland. Its service territory comprises most of Portland west of the Willamette River, sharing most of the city east of the river with Pacific Power. PGE produces and purchases energy primarily from coal and natural gas plants, as well as hydroelectric power from dams on the Clackamas, Willamette and Deschutes rivers. Between 1976 and 1993, PGE operated Trojan, the only nuclear power plant in Oregon. Trojan was the subject of three Oregon initiatives to shut it down. The initiatives failed, but the company elected to close the plant twenty years early.
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Latest $POR News
Portland General Electric Company (POR)
This significant investment in the reliability of Oregon's clean energy infrastructure will enable enhancements to the exist Portland General Electric Company (NYSE: POR) announced today that it ...
Portland General Electric Stock (NYSE:POR) Offers a Hidden-Gem Opportunity
Whenever approaching the market, investors must decide which side of the spectrum to favor: profit potential or ...
Portland General Electric Raises Quarterly Dividend to 50c per Share
By Stephen Nakrosis Portland General Electric said its board raised its quarterly dividend by 5.3% to 50 cents a share. The new dividend will be payable ...
Portland General Electric declares dividend
PORTLAND, Ore., April 19, 2024 /PRNewswire/ -- On April 19, 2024, the board of directors of Portland General Electric Company (NYSE: POR) declared a quarterly common stock dividend of $0.50 per share, ...
Deborah Powell Joins Portland General Electric as Vice President of Utility Operations
Portland General Electric, an electric utility company, issued the following news release on April 18, 2024:Portland General ...
Portland General Electric: Strong Industrial Load Growth Could Boost Earnings
Portland General Electric has faced interest rate challenges, but expects future load growth, especially in industrial ...
Portland General Electric Co
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...
POR Portland General Electric Company
It also has 28,868 circuit miles of distribution lines. Portland General Electric Company was founded in 1889 and is headquartered in Portland, Oregon.
Portland General Electric declares dividend
April 19, 2024 /PRNewswire/ -- On April 19, 2024, the board of directors of Portland General Electric Company (NYSE: POR) declared a quarterly common stock dividend of $0.50 per share ...
Portland General Electric Co
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...
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