U.S. utility Public Service Enterprise on Tuesday beat second-quarter profit estimates, helped by strength at its electric and gas unit while higher interest costs weighed on its power-generation business.
Skyrocketing demand from artificial intelligence data centers is exacerbating shortages of critical grid equipment like transformers across the U.S., driving up costs, stretching out wait times and spurring utilities and developers to lock in orders far in advance.
Public Service Enterprise Group beat Wall Street estimates for first-quarter profit on Tuesday, as the U.S. electric and gas utility benefited from extreme winter weather that drove demand across its electric and gas businesses.
NEWARK, N.J., April 21, 2026 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE: PEG) today declared a $0.67 per share dividend on the outstanding common stock of the company for the second quarter of 2026.
UNIONDALE, N.Y., April 17, 2026 /PRNewswire/ -- In honor of National Lineworker Appreciation Day on April 18, PSEG Long Island is taking the time to recognize the diligent effort its field workforce puts in to keep the power on.
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