Company
Pinnacle West Capital Corporation
Headquarters: Phoenix, AZ, United States
Founded: 1985
Employees: 5,872
CEO: Mr. Jeffrey B. Guldner
Market Cap
$8.43 Billion
USD as of Jan. 1, 2024
Pinnacle West Capital Corporation Categories
United States Utilities Utilities—Regulated ElectricUnited States Utilities United States Utilities—Regulated Electric
Top Competitors by Market Capitalization
Industry: Utilities—Regulated Electric
| Company | Market Cap (USD) |
|---|---|
| NextEra Energy | $127.19 B |
| The Southern Company | $78.21 B |
| Duke Energy Corporation | $76.13 B |
| PG&E Corporation | $45.71 B |
| American Electric Power Company, Inc. | $43.85 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| NextEra Energy | $127.19 B |
| China Yangtze Power Co. Ltd | $82.16 B |
| Iberdrola, SA | $81.95 B |
| The Southern Company | $78.21 B |
| Duke Energy Corporation | $76.13 B |
Detailed Description
Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using coal, nuclear, gas, oil, and solar generating facilities. Its transmission facilities include approximately 5,814 pole miles of overhead lines and approximately 74 miles of underground lines; and distribution facilities comprise approximately 11,258 miles of overhead lines and approximately 22,821 miles of underground primary cable, as well as owns and maintains 475 transmission and distribution substations. The company also owns or leases approximately 6,321 megawatts of regulated generation capacity. It serves approximately 1.3 million customers. Pinnacle West Capital Corporation was incorporated in 1985 and is headquartered in Phoenix, Arizona.
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Stocks & Indices
Pinnacle West Capital Corporation has the following listings and related stock indices.
Stock: NYSE: PNW wb_incandescent
Stock: Bovespa: P1NW34 wb_incandescent
Stock: FSX: PWC wb_incandescent
Stock: XETR: PWC wb_incandescent
Key People
Jeffrey B. Guldner, Chairman & CEO
Financials
Revenue: $3.565 billion US$ (2017)
Operating income: $934 million US$ (2017)
Net income: $508 million US$ (2017)