Eversource Energy
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Joseph R. Nolan Jr.
- Full Time Employees
- 10,731
- Sector
- Utilities
- Industry
- Regulated Electric
- Address
- 300 Cadwell Drive Springfield MA United States of America 01104
- IPO Date
- Feb 21, 1973
- CIK
- 0000072741
- Website
- eversource.com
- Similar Companies
- Business
- Eversource Energy (NYSE: ES), New England's largest energy delivery company, transmits and distributes electricity and natural gas to approximately 4.4 million residential, commercial, and industrial customers across Connecticut, Massachusetts, and New Hampshire; it also provides water service through its Aquarion Water Company subsidiary to over 230,000 customers in the same region. The company operates through regulated subsidiaries including Connecticut Light and Power, Yankee Gas Services, NSTAR Electric, NSTAR Gas, Public Service Company of New Hampshire, and Eversource Water, maintaining 4,270 circuit miles of electric transmission lines, 72,000 pole miles of distribution lines, 578 substations, 6,459 miles of natural gas pipeline, and extensive water infrastructure. Headquartered in Springfield, Massachusetts, with additional offices in Hartford, Connecticut, and Boston, Massachusetts, Eversource traces its origins to the 1966 formation of predecessor Northeast Utilities through mergers of utilities dating back to the 19th century and rebranded to its current name in 2015. Eversource focuses on electric transmission and distribution (including grid modernization projects like underground cabling, substation enhancements, and low-profile substations), natural gas distribution, and water delivery services; it invests heavily in clean energy integration, reliability improvements, and infrastructure upgrades to support decarbonization and economic growth in its service territories. The company serves diverse customer segments with tailored programs for energy efficiency, electric vehicle charging (over 400 stations installed), bill assistance, and outage management. In recent developments, Eversource completed the sale of its 50% stakes in South Fork Wind (132 MW) and Revolution Wind (704 MW) offshore wind projects to Global Infrastructure Partners in September 2024 for adjusted gross proceeds of $745 million, finalizing its exit from the offshore wind business; it also sold Sunrise Wind to Ørsted in July 2024 and an uncommitted offshore lease area earlier that year. In January 2025, Eversource announced a definitive agreement to divest Aquarion Water Company for approximately $1.6 billion to the Aquarion Water Authority, a Connecticut quasi-public entity, with the transaction expected to close by late 2025 pending regulatory approvals after an initial rejection by the Connecticut Public Utilities Regulatory Authority in November 2025. The company unveiled a $24.2 billion five-year capital investment plan for 2025-2029, up nearly 10% from prior plans, allocating funds primarily to electric distribution ($16.2 billion total across segments), transmission ($6.8 billion), natural gas, and clean energy initiatives; other 2024-2025 actions include acquiring a 26-acre Mystic property from Constellation Energy in December 2024 to bolster Massachusetts clean energy transition and advancing innovative grid monitoring systems recognized with industry awards.
Company News
Dividend Reliability vs. Expansion Plans: How Eversource Energy and Exelon Diverge on Income Growth
EXC vs. ES: Which Utility Stock Offers Better Investment Potential?
Eversource Energy Eyes $1B+ Cash Recovery, New Connecticut Growth Path
Eversource Energy (ES) Presents at Wolfe Research Utilities, Midstream & Clean Energy Conference 2026-Virtual Transcript
Eversource and Dartmouth Engineering selected for U.S. Department of Energy SPARK Award to expand grid capacity and deliver customer benefits through grid-enhancing technology
ISO New England selects Eversource's joint transmission project as preferred long-term solution to enhance reliability and affordability
Eversource Energy Invites Public to Listen to Webcast of Wolfe Research Conference
Eversource Energy Declares Common Dividend
Eversource Energy: A Growth Story Still Developing
Wall Street's Most Accurate Analysts Spotlight On 3 Utilities Stocks Delivering High-Dividend Yields
Can Grid Modernization Support Eversource's Long-Term Growth?
Eversource Energy Q2 Earnings Lag Estimates, Revenues Rise Y/Y
Eversource Energy Q2 Earnings Call Highlights
Eversource Energy (ES) Q2 2026 Earnings Call Transcript
Eversource Energy (ES) Misses Q2 Earnings and Revenue Estimates
Eversource Energy Reports Second Quarter 2026 Results
Eversource to Report Q2 Earnings: What to Expect From the Stock?
Eversource (ES) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Earnings Preview: Eversource Energy (ES) Q2 Earnings Expected to Decline
Partnership with EnergyHub, Sunrun, and The Mobility House to Test Massachusetts Residential Vehicle-to-Grid Program for Eversource and National Grid Customers