Companies
Xcel Energy
UtilitiesMinneapolis, MinnesotaXEL11,534 employees
More about Xcel Energy
Utility holding company that supplies electricity and natural gas to customers in Midwestern and Western states through four operating utilities
Revenue
$14.7B
Fiscal 2025, up about 9%
Employees
11,534
As of December 2025, full-time
Stock
XEL
Nasdaq
Headquarters
Minneapolis, Minnesota
CEO
Bob Frenzel
Since August 2021
Main businessesNorthern States Power-Minnesota, Northern States Power-Wisconsin, Public Service Company of Colorado, Southwestern Public Service
Current strategy$60 billion five-year capital plan for 2026–2030 aimed at reliability, resiliency, sustainability and demand growth, including about $29 billion for transmission and distribution
CompetitorsWEC Energy Group, Alliant Energy, Ameren
Related companiesWEC Energy GroupAlliant EnergyPinnacle West Capital
Checked October 11, 2026 · Sources: sec.gov, sec.gov (2)
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