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INX:ETR, Jul 18, 08:44 UTC

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Thursday, June 28


News

Entergy Mississippi Tax Savings to Lower Bills for Customers - Memphis Daily News

ETR

Build a downloadable list of prospects that meet your criteria. (AP) — An energy company says customers will experience more than $300 million in benefits under a plan the Mississippi Public Service Commission approved. WDAM-TV reports Entergy Mississippi announced Wednesday the plan is a result of the Tax Cuts and Jobs Act that reduced the corporate tax rate from 35 percent to 21 percent. Entergy Mississippi Inc. President and CEO Haley Fisackerly says in a statement the plan will let the company reduce rates and provide credits that will lower bills during summer months.

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News

Entergy Mississippi tax savings to lower bills for customers

ETR

An energy company says customers will experience more than $300 million in benefits under a plan the Mississippi Public Service Commission approved. WDAM-TV reports Entergy Mississippi announced Wednesday the plan is a result of the Tax Cuts and Jobs Act that reduced the corporate tax rate from 35 percent to 21 percent. Entergy Mississippi Inc. President and CEO Haley Fisackerly says in a statement the plan will let the company reduce rates and provide credits that will lower bills during summer months. He says it also lets Entergy avoid a rate increase that would have resulted from nearly $1 billion of improvements made to modernize its grid during the past three years.

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Tuesday, June 26


News

Report: Developing Opportunities within Darden Restaurants, Entergy, Apache, Lumentum, Phillips 66, and Dollar General — Future Expectations, Projections Moving into 2018

ETR DRI +2 more ETR DRI APA DG

Report: Developing Opportunities within Darden Restaurants, Entergy, Apache, Lumentum, Phillips 66, and Dollar General — Future Expectations, Projections Moving into 2018. The new research reports from Fundamental Markets, available for free download at the links above, examine Darden Restaurants, Inc. (DRI), Entergy Corporation (ETR), Apache Corporation (APA), Lumentum Holdings Inc. (LITE), Phillips 66 (PSX), and Dollar General Corporation (DG) on a fundamental level and outlines the overall demand for their products and services in addition to an in-depth review of the business strategy, management discussion, and overall direction going forward. Please download the entire research report, free of charge, to ensure you are reading all relevant material information. Phillips 66's Recent Financial Performance. For the three months ended March 31st, 2018 vs March 31st, 2017, Phillips 66 reported revenue of $23,595.00MM vs $22,894.00MM (up 3.06%) and basic earnings per share $1.07 vs $1.02 (up 4.90%). For the twelve months ended December 31st, 2017 vs December 31st, 2016, Phillips 66 reported revenue of $102,354.00MM vs $84,279.00MM (up 21.45%) and basic earnings per share $9.90 vs $2.94 (up 236.73%).

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Monday, June 25


News

UTILITIES: Entergy CEO foresees $50B modernization plan post-2022 -- Monday, June 25, 2018 -- www.eenews.net E&E News -- Start a free trial

ETR

Edward Klump, E&E News reporterPublished: Monday, June 25, 2018. There are plenty of ways to describe Entergy Corp., from power provider to energy company to whatever names a customer might use when the electricity goes out. Cookies must be enabled in order to access E&E News. The Trump administration's plan to reshuffle the federal government will face congressional skeptics, agnostics and maybe some early allies at the plan's first Capitol Hill cross-check.

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Sunday, June 24


News

Analysis: Hood fear comes true as Entergy says law ends suit

ETR

Analysis: Hood fear comes true as Entergy says law ends suit. That's just one prong of the company's argument to U.S. District Judge Carlton Reeves, seeking to end a suit in which the Democrat Hood alleges the utility overcharged customers. Entergy Mississippi, a unit of the New Orleans-based company, continues to argue that even before the law, the dispute should have been handled by the Federal Energy Regulatory Commission, or at least the Mississippi Public Service Commission. But citing the law seems to confirm Hood's fears that Entergy was using its lobbying muscle to cut off the lawsuit, despite denials. His lawsuit argues Entergy instead had a duty to buy cheaper power from outside generators for its 447,000 customers in western Mississippi.

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Entergy promoting dam releases

ETR

Sunday, June 24, 2018, 8:58 a.m. Entergy promoting dam releases. Entergy will release roughly 3,600 cubic feet per second of water from Remmel on weekends and holidays this summer between noon and 5 p.m. According to Gary Bettis, manager for area design for Entergy Arkansas, the recreational releases are not something new for Entergy, but promoting the times is a recent form of engagement with the public. "Like this year July 4 is in the middle of the week and there will be a recreational release. We're required to have at least three hours, but we do five from noon to 5 p.m. "We also try to stay that same schedule during the week just for people planning to go on a weekday. If it all possible we will do it every day, but that's water dependent. We've got a lot of fishermen and guide services that like the bottom of the dam." Because of the increased water flow, Bettis said Entergy estimates a float from Remmel Dam to the Whitewater Park to be around two hours.

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Monday, June 18


News

Riley, Kenney Appointed to Leadership Roles in Distribution Operations Organization; Landreaux Takes Helm of Entergy Arkansas

ETR

The move comes as the company executes its capital investment plan to promote operational excellence and an enhanced Entergy customer experience. Riley will report directly to Rod West, group president, utility operations. "A proven leader, Rick brings more than 33 years of industry experience in transmission and distribution operations to this important role. More importantly, his background as a utility president and chief executive officer has provided him with invaluable insights into the needs of our customers." On his new role, Riley said, "This is an exciting opportunity for me to help develop an energy future that creates value for our communities, and ensure our employees have the tools, resources and training necessary to deliver a positive and productive experience to customers throughout our service territories. My time in Arkansas has been beyond wonderful, and I will miss working daily with our employees, customers and stakeholders of the Natural State." As part of the new organization's mission, Lauren Kenney, vice president of product development and product management, will be promoted to vice president, grid modernization and utility support. Landreaux will be responsible for Entergy Arkansas' business results, including financial, operational, customer service, safety, resource planning, economic development, employee development and regulatory and governmental affairs.

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Saturday, June 16


News

Shenandoah opts to delay Entergy base rate increase

ETR

The Shenandoah City Council on Wednesday, June 13, approved an ordinance postponing the effective date of a rate increase from the city’s electric provider, Entergy Texas, from Tuesday, June 19, to Sept. 17. Although Shenandoah was just the latest entity to pass the ordinance, two other cities in Montgomery County also opted to extend the period, in which the city’s legal teams can investigate the rate and propose changes. On May 15, the Austin-based Lawton Law Firm sent a letter to a group of cities in Texas it represents, including Shenandoah, that Entergy Texas had filed a statement of intent requesting a “system-wide” base rate increase of $16.7 million. The statement provided the cities with a proposed ordinance that would postpone the effective date of the increase from June 19 to Sept. 17, effectively giving each city 90 days to explore if the proposed raise works for them, or if they’d like to intervene and negotiate with Entery Texas in front of the Public Utilities Commission. Within the 90 days proposed by the city ordinance, the group of cities and Entergy Texas have to come up with some sort of agreement on the base rate — they could negotiate a smaller or larger amount, or they could negotiate to keep the rate the same. If the two parties are unable to come up with an agreement, the Public Utilities Commission — which has the final word on the subject — intervenes.

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Tuesday, June 12


News

Entergy Corporation to Host 2018 Analyst Day

ETR

NEW ORLEANS, June 12, 2018 /PRNewswire/ -- Entergy Corporation (ETR) will host its 2018 Analyst Day in New York City on Thursday, June 21, 2018. The event will feature presentations by Chairman and Chief Executive Officer Leo Denault and members of Entergy's executive management team. Presentation slides will be made available on the Investor Relations section of Entergy's website and the Entergy Investor Relations mobile web app at iretr.com after market close on Wednesday, June 20, 2018. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, including nearly 9,000 megawatts of nuclear power.

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Wednesday, June 06


News

Entergy Corporation Announces Public Offering of Common Stock with a Forward Component

ETR MS

The underwriters may offer shares of Entergy's common stock in transactions on the New York Stock Exchange, in the over-the-counter market, through negotiated transactions or otherwise at either market prices, at prices related to market prices or at negotiated prices. In connection with the offering, Entergy expects to enter into forward sale agreements with each of Morgan Stanley & Co. LLC, Goldman Sachs & Co. LLC and an affiliate of J.P. Morgan Securities LLC (the "forward counterparties") under which Entergy will agree to issue and sell to the forward counterparties an aggregate of $1 billion of shares of its common stock at an initial forward sale price per share equal to the price per share at which the underwriters purchase the shares in the offering, subject to certain adjustments, upon physical settlement of the forward sale agreements. J.P. Morgan Securities LLC c/o Broadridge Financial Solutions1155 Long Island AvenueEdgewood, NY 11717Telephone: (866) 803-9204. We cannot be sure that we will complete the offering or, if we do, on what terms we will complete it. Forward-looking statements are based on current beliefs and expectations and are subject to inherent risks and uncertainties, including those discussed under the caption "Forward-Looking Statements" in the prospectus supplement In addition, Entergy management retains broad discretion with respect to the allocation of net proceeds of this offering.

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