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 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
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, representing an increase of 5.3%, or $0.10 per ...
Portland General Electric Co POR
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 ...
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 (POR) Reports Next Week: Wall Street Expects Earnings Growth
Portland General Electric (POR) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus ...
Portland General Electric Company
Portland General Electric Co. engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. It also sells electricity and ...
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 ...
Reasons to Add Portland General Electric (POR) to Your Portfolio
Portland General Electric’s times interest earned ratio (TIE) at the end of the fourth quarter of 2023 was 2.6. The TIE ratio of more than 1 indicates that the company will be able to meet its ...
Portland General Electric Company
Portland General Electric Co. engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. It also sells electricity and ...
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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