Company Quick10K Filing
Portland General Electric
10-K 2019-12-31 Filed 2020-02-14
10-Q 2019-09-30 Filed 2019-11-01
10-Q 2019-06-30 Filed 2019-08-02
10-Q 2019-03-31 Filed 2019-04-26
10-K 2018-12-31 Filed 2019-02-15
10-Q 2018-09-30 Filed 2018-10-26
10-Q 2018-06-30 Filed 2018-07-27
10-Q 2018-03-31 Filed 2018-04-27
10-K 2017-12-31 Filed 2018-02-16
10-Q 2017-09-30 Filed 2017-10-27
10-Q 2017-06-30 Filed 2017-07-28
10-Q 2017-03-31 Filed 2017-04-28
10-K 2016-12-31 Filed 2017-02-17
10-Q 2016-09-30 Filed 2016-10-28
10-Q 2016-06-30 Filed 2016-08-03
10-Q 2016-03-31 Filed 2016-04-29
10-K 2015-12-31 Filed 2016-02-12
10-Q 2015-09-30 Filed 2015-10-27
10-Q 2015-06-30 Filed 2015-07-28
10-Q 2015-03-31 Filed 2015-04-28
10-K 2014-12-31 Filed 2015-02-13
10-Q 2014-09-30 Filed 2014-10-28
10-Q 2014-06-30 Filed 2014-07-29
10-Q 2014-03-31 Filed 2014-04-29
10-K 2013-12-31 Filed 2014-02-14
10-Q 2013-09-30 Filed 2013-11-01
10-Q 2013-06-30 Filed 2013-08-02
10-Q 2013-03-31 Filed 2013-05-01
10-K 2012-12-31 Filed 2013-02-22
10-Q 2012-09-30 Filed 2012-11-08
10-Q 2012-06-30 Filed 2012-08-07
10-Q 2012-03-31 Filed 2012-05-03
10-K 2011-12-31 Filed 2012-02-24
10-Q 2011-09-30 Filed 2011-11-03
10-Q 2011-06-30 Filed 2011-08-05
10-Q 2011-03-31 Filed 2011-05-05
10-K 2010-12-31 Filed 2011-02-25
10-Q 2010-09-30 Filed 2010-10-28
10-Q 2010-06-30 Filed 2010-08-05
10-Q 2010-03-31 Filed 2010-05-04
10-K 2009-12-31 Filed 2010-02-25
8-K 2020-03-11 Other Events, Exhibits
8-K 2020-02-14 Earnings, Regulation FD, Exhibits
8-K 2019-11-01 Earnings, Regulation FD, Exhibits
8-K 2019-10-25 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2019-09-10 Officers
8-K 2019-08-02 Other Events, Exhibits
8-K 2019-08-02 Earnings, Regulation FD, Exhibits
8-K 2019-05-24 Officers
8-K 2019-04-26 Earnings, Regulation FD, Exhibits
8-K 2019-04-12 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2019-02-15 Earnings, Regulation FD, Exhibits
8-K 2019-02-12 Other Events
8-K 2018-11-26 Officers
8-K 2018-10-29 Other Events
8-K 2018-10-26 Earnings, Regulation FD, Exhibits
8-K 2018-10-01 Other Events
8-K 2018-09-06 Other Events
8-K 2018-07-27 Earnings, Regulation FD, Exhibits
8-K 2018-07-16 Other Events
8-K 2018-04-27 Earnings, Regulation FD, Exhibits
8-K 2018-02-16 Earnings, Regulation FD, Exhibits

Portland General Electric Financials

POR Metrics, Comps, Filings

Quarterly | Annual

Business

Portland General Electric Company (PGE or the Company), a vertically-integrated electric utility with corporate headquarters located in Portland, Oregon, is engaged in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the State of Oregon. The Company operates as a cost-based, regulated electric utility with revenue requirements and customer prices determined based on the forecasted cost to serve retail customers, and a reasonable rate of return as determined by the Public Utility Commission of Oregon (OPUC). PGE meets its retail load requirement with both Company-owned generation and power purchased in the wholesale market. The Company participates in the wholesale market through the purchase and sale of electricity and natural gas in an effort to obtain reasonably-priced power to serve its retail customers. PGE, incorporated in 1930, is publicly-owned, with its common stock listed on the New York Stock Exchange. The Company operates as a single business segment, with revenues and costs related to its business activities maintained and analyzed on a total electric operations basis.

PGE's state-approved service area allocation of approximately 4,000 square miles is located entirely within Oregon and includes 51 incorporated cities, of which Portland and Salem are the largest. The Company estimates that at the end of 2018 its service area population was 1.9 million, comprising 46% of the population of the State of Oregon. During 2018, the Company added nearly 10,000 customers, and as of December 31, 2018, served a total of 885,000 retail customers.

PGE had 2,967 employees as of December 31, 2018, with 802 employees covered under one of two separate agreements with Local Union No. 125 of the International Brotherhood of Electrical Workers. Such agreements cover 747 and 55 employees and expire March 2020 and August 2022, respectively.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Quarterly)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Quarterly)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
NRG Energy (NRG) 10,656 21% 10.2 11% 9,527 11,079 9,618 1,977 1,043 1,631 16,636
Korea Electric Power (KEP) 9,392 0% 185,249,061 114,156,299 0 0 0 0 9,254
OGE Energy (OGE) 9,052 50% 14.4 4% 11,084 6,898 2,271 1,134 453 850 12,234
IDACORP (IDA) 5,266 0% 16.7 3% 6,502 2,251 1,010 0 186 409 6,842
Portland General Electric (POR) 5,062 0% 13.6 2% 8,154 5,590 1,577 0 153 573 7,805
Hawaiian Electric Industries (HE) 4,850 0% 22.9 2% 13,518 11,241 2,993 0 203 286 6,558
PNM Resources (PNM) 4,151 0% 14.6 2% 7,201 5,454 1,113 0 160 490 7,162
Nextera Energy Partners (NEP) 4,037 0% -44.3 -1% 11,595 5,419 804 0 -144 -179 7,925
Ormat Technologies (ORA) 3,799 38% 10.5 3% 3,259 1,746 753 286 98 346 3,619
Terraform Power (TERP) 3,708 0% 49.4 -1% 9,929 7,441 948 0 -129 200 9,885
El Paso Electric (EE) 2,728 63% 21.3 2% 3,800 2,571 863 541 95 192 4,098
MGE Energy (MGEE) 2,605 27.9 4% 2,067 728 0 0 87 109 3,037
Covanta Holding (CVA) 2,302 18% 42.9 0% 3,798 3,421 1,885 347 7 109 4,677
Pattern Energy Group (PEGI) 2,667 1% -1,284.6 -2% 5,396 3,567 507 6 -101 -4 5,138
Otter Tail (OTTR) 2,160 0% 19.8 3% 2,180 1,424 18 0 66 139 2,751
Atlantica Yield (AY) 1,900 0% 9,919 8,163 0 0 0 0 1,604
Black Hills Power (BKH) 0% 8.7 0% 1,226 783 301 0 0 39 340
Kenon Holdings (KEN) 834 0% 1,455 739 0 0 0 0 784
Azure Power Global (AZRE) 464 0% 108,864 83,467 0 0 0 0 56,261
Atlantic Power (AT) 326 0% 3.2 2% 988 786 288 0 20 83 267

Balance Sheet ($MM)2010-06-302010-09-302010-12-312011-03-312011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash6374277297687415612331199110764979712727122924493886313389397048200119891111
Accounts Receivable128133137156134136144156133129152144137137146158121156149129122133158130124140155162139151168152162189193226150161
Inventory
PP&E6,5796,6436,7596,8146,8947,0517,1807,3527,7778,1398,4188,7298,8588,9669,3109,4899,6099,84710,02010,15210,41410,54710,55810,61610,90311,036
Assets5,4045,6175,4915,5355,5035,6115,7335,7895,7025,7575,6705,6615,7965,8916,1016,1696,3996,6577,0427,0917,1987,1977,2217,3447,4467,4557,5277,6127,6537,7597,8387,8927,9097,9758,1107,9487,9978,154
Accounts Payable80667677107991471811571371259698114112929010097103110136119128
Long-Term Debt1,8081,8081,8081,7981,9692,0282,0912,1932,1632,0591,9491,9211,9211,9272,0742,1862,4082,6322,9012,9292,5682,5302,2042,6172,3242,8852,6932,7182,7482,7632,8292,6912,6392,6942,7602,7732,6512,754
Liabilities3,8474,0323,8923,8903,8553,9554,0674,0944,0014,0383,9403,9034,0344,0984,2814,3124,5274,7685,1315,1524,9774,9654,9635,0535,1435,1455,1835,2255,2615,3575,4225,4435,4445,4895,6045,4005,4555,590
Stockholders' Equity1,5561,5851,5921,6421,6451,6531,6631,6921,6981,7171,7281,7571,7611,7921,8191,8561,8711,8891,911
Income Statement ($MM)2010-06-302010-09-302010-12-312011-03-312011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue493449525573462542
Cost of Revenue
Gross Profit
R&D
SG&A48474652515560545650565459496154615463606059626161636268656467697049717874
Tax8221322911015919717-114112010161510158121796182310132810101136
Net Income244925694227294948382849-22314758623943503536516137346173324042644653732555
Cash Flow ($MM)2010-06-302010-09-302010-12-312011-03-312011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating717414613312054110157183441651141808515814417145134114191781611771595617016318678194144198156158188
Cash Investing-119-66-70-69-75-85-58-70-81-85-107-152-232-201-179-315-327-173-167-71-139-145-133-186-135-131-113-132-124-145-130-135-13-151-120-135
Cash Financing-8-11-53-19-20-60-50-21-20-103-3712424132-22204156158-6752-82-21-2898-29-7-32-29-617-33-31-33-35-116-53