Company
Eversource Energy
Headquarters: Springfield, MA, United States
Founded: 1966
Employees: 9,227
CEO: Mr. Joseph R. Nolan Jr.
Market Cap
$20.17 Billion
USD as of July 1, 2024
Eversource Energy Categories
United States Utilities Utilities—Regulated ElectricUnited States Utilities United States Utilities—Regulated Electric
Company Description
Eversource Energy is a utility company. It transmits and delivers electricity and natural gas to approximately 3.7 million customers in Connecticut, Massachusetts, and New Hampshire. Eversource also operates in water utility through its subsidiary Aquarion Water Company, acquired in 2017.
Top Competitors by Market Capitalization
Industry: Utilities—Regulated Electric
| Company | Market Cap (USD) |
|---|---|
| NextEra Energy | $147.58 B |
| The Southern Company | $84.98 B |
| Duke Energy Corporation | $77.61 B |
| American Electric Power Company, Inc. | $46.31 B |
| PG&E Corporation | $44.66 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| NextEra Energy | $147.58 B |
| China Yangtze Power Co. Ltd | $98.70 B |
| The Southern Company | $84.98 B |
| Iberdrola, SA | $79.29 B |
| Duke Energy Corporation | $77.61 B |
Detailed Description
Eversource Energy, a public utility holding company, engages in the energy delivery business. The company operates through Electric Distribution, Electric Transmission, Natural Gas Distribution, and Water Distribution segments. It is involved in the transmission and distribution of electricity; solar power facilities; and distribution of natural gas. The company operates regulated water utilities that provide water services to approximately 226,000 customers. It serves residential, commercial, industrial, municipal and fire protection, and other customers in Connecticut, Massachusetts, and New Hampshire. The company was formerly known as Northeast Utilities and changed its name to Eversource Energy in April 2015. Eversource Energy is based in Springfield, Massachusetts.
Top 1-year algo backtest: +265.99%
$10,000 in October 2023 would now be $36,599 by following this algorithm daily at market close.
Use AI to boost your investing & swing trading, now!
Try Disfold DeepFinance FREE
Stocks & Indices
Eversource Energy has the following listings and related stock indices.
Stock: NYSE: ES wb_incandescent
Stock: Bovespa: E1SE34 wb_incandescent
Stock: FSX: NWJ wb_incandescent
Product & Services
transmission, distribution and generation
Key People
Governed by a 14-member Board of Trustees. Sanford Cloud, Jr., Lead Trustee
Financials
Revenue: US$9.86 billion (2021)
Operating income: US$1.99 billion (2021)
Net income: US$1.23 billion (2021)
Total assets: US$48.49 billion (2021)
Total equity: US$14.60 billion (2021)