Nov 6, 7:51 AM ET
PPL reported third-quarter 2026 GAAP earnings of $367 million, or $0.49 per share, compared with $318 million, or $0.43 per share, in the third quarter of 2025. The company also narrowed its full-year 2026 ongoing earnings forecast to a range of $1.92 to $1.96 per share and increased its long-term annual EPS growth target to 7% to 9% through at least 2030, supported by a $25 billion capital investment plan.
- Announced third-quarter 2026 reported GAAP earnings of $0.49 per share on net income of $367 million.
- Achieved third-quarter ongoing EPS of $0.54 compared to $0.48 in 2025.
- Increased long-term annual EPS growth target to 7% to 9% through at least 2030.
- Announced a $25 billion capital plan for 2027 to 2030, driving average annual rate base growth of 10%.
Read the filing on SEC.gov ↗
Aug 7, 7:50 AM ET
PPL reported second-quarter 2026 earnings of $230 million, or $0.30 per share, up from $0.25 a year earlier, and ongoing earnings of $0.33 per share versus $0.32. The company reaffirmed its 2026 ongoing earnings forecast of $1.90 to $1.98 per share and its 6% to 8% annual EPS growth target through at least 2029. It also estimates $10 billion to $12 billion of potential investment upside through 2032 tied to generation needs, while its business plan excludes earnings and investments from the Invitium Energy joint venture.
- Reported net income of $230 million ($0.30 per share) for Q2 2026, versus $183 million ($0.25) in Q2 2025; operating revenues were $2.11 billion versus $2.03 billion.
- Ongoing earnings were $0.33 per share for Q2 2026, versus $0.32 a year earlier; ongoing earnings for the first six months were $0.96 per share versus $0.92.
- 2026 ongoing EPS forecast range of $1.90 to $1.98 was reaffirmed, with a midpoint of $1.94 per share.
- Estimated $10 billion to $12 billion of investment upside through 2032; Invitium Energy expects one or more commercial agreements by the end of 2026.
Read the filing on SEC.gov ↗
Jun 30, 8:50 AM ET
PPL Corporation's board elected Kenneth M. Hartwick as a director, effective July 1, 2026. He previously served as president and chief executive officer of Ontario Power Generation from 2019 to 2025, and the filing says his utility CEO and CFO experience will strengthen the board. The filing does not describe any financial effect on PPL, and Hartwick will receive the same non-employee director compensation as other directors.
- Board elected Hartwick on June 30, 2026, effective July 1, 2026.
- Hartwick was president and CEO of Ontario Power Generation from 2019 to 2025.
- He will serve on the People and Compensation Committee and Finance Committee.
- With his appointment, the board will have 10 directors.
Read the filing on SEC.gov ↗
May 18, 4:37 PM ET
The Narragansett Electric Company, doing business as Rhode Island Energy and a wholly owned subsidiary of PPL Corporation, issued $400 million of 6.000% senior notes due May 15, 2056 on May 18, 2026. The company expects net proceeds of $396.3 million, which it intends to use to repay short-term debt incurred mainly for capital expenditures and general corporate purposes. The notes are not guaranteed by PPL Corporation, so the obligation sits at the subsidiary level.
- $400 million principal at a 6.000% annual rate, with interest paid semiannually on May 15 and November 15, beginning November 15, 2026
- Net proceeds of $396.3 million before other fees and expenses, to be used to repay short-term debt
- Senior unsecured notes not guaranteed by PPL Corporation or its other subsidiaries; issued under a Seventh Supplemental Indenture dated May 18, 2026 with The Bank of New York Mellon
Read the filing on SEC.gov ↗
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