Q2 2020 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$3.1B-21.8% YoY

Gross Profit

$1.6B53.0% margin

Operating Income

$804M25.9% margin

Net Income

-$1.2B-37.6% margin

EPS (Diluted)

$-1.39

QoQ Revenue Growth

-21.1%

Cash Flow

Operating Cash Flow

$1.5B

Free Cash Flow

-$129M

Stock-Based Comp.

Balance Sheet

Total Assets

$103.7B

Total Liabilities

$72.8B

Stockholders' Equity

$28.9B

Cash & Equivalents

$675M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.1B	$4.0B	-21.8%
Gross Profit	$1.6B	$1.7B	-4.2%
Operating Income	$804M	$461M	+74.4%
Net Income	-$1.2B	$54M	-2264.8%

Revenue Segments

Regulated Gas Transportation And Storage

$302M32%

Nonregulated Electricity Sales

$177M19%

Nonregulated Gas Transportation And Storage

$176M19%

Other Regulated Revenues

$98M10%

Other Nonregulated Revenues

$79M8%

Alternative Revenue Programs

$39M4%

Nonregulated Gas Operations

$33M4%

Management Service

$29M3%

Renewable Energy Investment Tax Credits

$7M1%