Company Quick10K Filing
Portland General Electric
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 90 $4,988
10-K 2020-02-14 Annual: 2019-12-31
10-Q 2019-11-01 Quarter: 2019-09-30
10-Q 2019-08-02 Quarter: 2019-06-30
10-Q 2019-04-26 Quarter: 2019-03-31
10-K 2019-02-15 Annual: 2018-12-31
10-Q 2018-10-26 Quarter: 2018-09-30
10-Q 2018-07-27 Quarter: 2018-06-30
10-Q 2018-04-27 Quarter: 2018-03-31
10-K 2018-02-16 Annual: 2017-12-31
10-Q 2017-10-27 Quarter: 2017-09-30
10-Q 2017-07-28 Quarter: 2017-06-30
10-Q 2017-04-28 Quarter: 2017-03-31
10-K 2017-02-17 Annual: 2016-12-31
10-Q 2016-10-28 Quarter: 2016-09-30
10-Q 2016-08-03 Quarter: 2016-06-30
10-Q 2016-04-29 Quarter: 2016-03-31
10-K 2016-02-12 Annual: 2015-12-31
10-Q 2015-10-27 Quarter: 2015-09-30
10-Q 2015-07-28 Quarter: 2015-06-30
10-Q 2015-04-28 Quarter: 2015-03-31
10-K 2015-02-13 Annual: 2014-12-31
10-Q 2014-10-28 Quarter: 2014-09-30
10-Q 2014-07-29 Quarter: 2014-06-30
10-Q 2014-04-29 Quarter: 2014-03-31
10-K 2014-02-14 Annual: 2013-12-31
10-Q 2013-11-01 Quarter: 2013-09-30
10-Q 2013-08-02 Quarter: 2013-06-30
10-Q 2013-05-01 Quarter: 2013-03-31
10-K 2013-02-22 Annual: 2012-12-31
10-Q 2012-11-08 Quarter: 2012-09-30
10-Q 2012-08-07 Quarter: 2012-06-30
10-Q 2012-05-03 Quarter: 2012-03-31
10-K 2012-02-24 Annual: 2011-12-31
10-Q 2011-11-03 Quarter: 2011-09-30
10-Q 2011-08-05 Quarter: 2011-06-30
10-Q 2011-05-05 Quarter: 2011-03-31
10-K 2011-02-25 Annual: 2010-12-31
10-Q 2010-10-28 Quarter: 2010-09-30
10-Q 2010-08-05 Quarter: 2010-06-30
10-Q 2010-05-04 Quarter: 2010-03-31
10-K 2010-02-25 Annual: 2009-12-31
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 Earnings, Regulation FD, Exhibits
8-K 2019-08-02 Other Events, 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

Annual | Quarterly

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 Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

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) 9,628 29% 10.8 7% 9,171 10,800 10,073 2,892 624 1,417 15,334
Korea Electric Power (KEP) 9,392 0% 185,249,061 114,156,299 0 0 0 0 9,254
OGE Energy (OGE) 8,718 61% 12.8 4% 10,886 6,879 2,214 1,350 407 934 11,912
IDACORP (IDA) 5,261 0% 13.6 3% 6,461 2,270 1,334 0 225 506 6,857
Portland General Electric (POR) 4,988 0% 10.1 3% 7,997 5,455 2,079 0 200 753 7,628
Hawaiian Electric Industries (HE) 4,694 0% 15.8 2% 13,538 11,295 2,907 0 206 403 6,380
PNM Resources (PNM) 4,132 0% 12.4 2% 7,049 5,362 1,420 0 140 565 7,031
Nextera Energy Partners (NEP) 3,674 0% 268.0 0% 11,768 5,268 729 0 38 29 7,771
Ormat Technologies (ORA) 3,172 36% 8.3 3% 3,194 1,693 773 279 93 362 2,991
Terraform Power (TERP) 2,947 0% 24.9 -1% 9,277 6,676 940 0 -87 338 8,418
El Paso Electric (EE) 2,669 77% 19.3 2% 3,766 2,597 882 678 90 210 4,042
MGE Energy (MGEE) 2,609 27.6 4% 2,026 705 0 0 85 110 3,033
Covanta Holding (CVA) 2,353 11% 33.0 -0% 3,902 3,486 1,876 207 -2 142 4,683
Pattern Energy Group (PEGI) 2,250 6% 68.6 -1% 5,371 3,421 506 29 -63 67 4,581
Otter Tail (OTTR) 2,090 0% 15.6 4% 2,115 1,371 13 0 79 172 2,682
Atlantica Yield (AY) 1,900 0% 9,919 8,163 0 0 0 0 1,604
Black Hills Power (BKH) 1,822 0% 42.6 0% 1,206 776 302 0 0 51 2,162
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) 328 0% 2.6 3% 994 804 288 0 27 99 256

Balance Sheet ($MM)2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash46121071274639119
Accounts Receivable137144152146149158155168193
Inventory
PP&E
Assets5,4915,7335,6706,1017,0427,2217,5277,8388,110
Accounts Payable
Long-Term Debt1,8082,0911,9491,9162,9012,2042,3612,8292,760
Liabilities3,8924,0673,9404,2815,1314,9635,1835,4225,604
Stockholders' Equity1,5921,6631,7281,8191,911
Income Statement ($MM)2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue1,991
Cost of Revenue
Gross Profit
R&D
SG&A186218216219227241247264271
Tax53586410223168617
Net Income121147140104174172193187212
Cash Flow ($MM)2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating391453494544518517553597630
Cash Investing-430-299-294-692-994-522-585-514-471
Cash Financing12-152-194243496-11834-50-79