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    Home»Stock Market»Utilities Up on Strong Earnings — Utilities Roundup
    Stock Market

    Utilities Up on Strong Earnings — Utilities Roundup

    July 31, 20252 Mins Read


    Shares of power producers rose amid generally strong earnings and inflation fears.

    Minneapolis utility Xcel rose after it posted a sharp increase in second-quarter net income, driven by what it called an unprecedented surge in electricity demand.

    PPL ticked down after the Pennsylvania utility reiterated its earnings forecasts for the year.

    Shares of Enel rose after the Italian power producer said it would buy back up to $1.14 billion of shares before the end of the year.

    Write to Rob Curran at rob.curran@dowjones.com

    (END) Dow Jones Newswires

    July 31, 2025 19:12 ET (23:12 GMT)

    Copyright (c) 2025 Dow Jones & Company, Inc.

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