Utilities Earnings Report — 2026-06-26 to 2026-08-10

25 most recent Utilities earnings

1. Aug 10, 2026, 7:08 AM ET·OPAL·Utilities

   OPAL Fuels — Second Quarter 2026 Earnings Summary

   OPAL FUELS INC

   Adjusted EBITDA rose 40% to $23.1 million for the quarter and 9% to $39.8 million for the six months, while revenue increased 4% to $83.4 million for the quarter but declined 5% to $156.8 million for the six months; the company reported a net loss of $4.1 million for the quarter and $9.7 million for the six months. The company maintains its full-year 2026 guidance, with management citing progress on track to meet annual targets driven by 45Z tax credit contributions, Fuel Station Services growth, and G&A savings. Liquidity strengthened to $162.3 million as of June 30, 2026, with cash and cash equivalents increasing to $91.4 million, while stockholders' equity turned positive to $26.4 million from a deficit of $12.9 million at year-end 2025. Strategic capital deployment included $52.7 million in capital expenditures for the six months and a $100 million Master Agreement in April 2026 to monetize Section 45Z Production Tax Credits, alongside the advancement of new RNG facility construction.

2. Aug 7, 2026, 4:06 PM ET·HE·Utilities

   Hawaiian Electric Industries — Second Quarter 2026 Earnings Summary

   HAWAIIAN ELECTRIC INDUSTRIES INC

   Consolidated GAAP net income surged to $123 million ($0.71/share) from $26 million ($0.15/share) in Q2 2025, driven by a $101 million after-tax non-cash gain from remeasuring the Maui wildfire settlement liability; consolidated revenues rose to $939.7 million from $746.4 million year-over-year. Core earnings declined, with consolidated core net income falling to $22 million ($0.13/share) from $35 million ($0.20/share) in Q2 2025, while Hawaiian Electric core net income dropped to $33 million from $42 million, reflecting higher fuel oil and purchased power expenses. Management expects 2026 adjusted O&M excluding pension to significantly outpace inflation due to higher insurance premiums, storm response, and labor costs, with proposed rate rebasing intended to address these headwinds. Strategic initiatives include a PUC-submitted solicitation for nearly 1,650 GWh of variable renewable energy, full PUC approval of Wildfire Mitigation Plan costs for securitization, and an ongoing strategic review of Pacific Current. S&P upgraded credit ratings acknowledging WMP progress, which is expected to lower borrowing costs, though future interest accretion will offset the current quarter's non-cash wildfire settlement benefit.

3. Aug 7, 2026, 10:40 AM ET·ARTNA·Utilities

   Artesian Resources Corporation — Q2 2026 Earnings Summary

   ARTESIAN RESOURCES CORP

   Q2 2026 diluted net income per share rose 4.9% to $0.64 and total revenues increased 7.4% to $30.7 million year-over-year; year-to-date diluted EPS grew 6.1% to $1.21 with revenues up 7.4% to $58.4 million. Revenue growth was driven by temporary Delaware rate increases, a 6.6% rise in wastewater customers, and higher fees for Service Line Protection Plans, while operating expenses increased 7.6% in Q2 and 6.6% year-to-date. The company invested $25.9 million in capital expenditures during the first six months of 2026 to fund infrastructure projects including PFAS treatment upgrades, new wastewater plants, and system resiliency improvements. Permanent water rates remain pending with the Delaware Public Service Commission, and the company is currently filing for recovery of plant investments and increased operating costs.

4. Aug 7, 2026, 7:50 AM ET·PPL·Utilities

   PPL Corporation — Second Quarter 2026 Earnings Summary

   PPL CORP

   Reported GAAP earnings rose 26% year-over-year to $230 million ($0.30/share) in Q2 2026, while non-GAAP earnings from ongoing operations increased 3% to $247 million ($0.33/share); year-to-date reported earnings grew 14% to $682 million ($0.90/share). The company reaffirmed its 2026 ongoing earnings guidance of $1.90 to $1.98 per share and its 6% to 8% annual EPS growth target through 2029, anticipating stronger growth in the second half of 2026 and beyond. Significant capital deployment occurred in the first half of 2026, with net cash used in investing activities reaching $2.407 billion and long-term debt increasing to $19.789 billion, while common stock dividends totaled $416 million. Strategic growth is driven by a robust data center pipeline (31.8 GW in PA, 13.7 GW in KY) and Invitium Energy securing over 5 GW of interconnection requests, though Invitium contributions are not expected to be material to PPL earnings through 2030. Segment performance was mixed due to higher operating costs, depreciation, and interest expenses, with Kentucky Regulated reporting growth while Pennsylvania Regulated saw declines in both reported and ongoing earnings per share.

5. Aug 7, 2026, 7:00 AM ET·VST·Utilities

   Vistra — Second Quarter 2026 Earnings Summary

   VISTRA CORP

   Ongoing Operations Adjusted EBITDA rose 30% year-over-year to $1.767 billion in Q2 2026, while GAAP net income declined to $305 million due to $488 million in unrealized mark-to-market derivative losses. Management reaffirmed 2026 guidance ranges of $6.8–$7.6 billion for Ongoing Operations Adjusted EBITDA and $3.925–$4.725 billion for Adjusted Free Cash Flow before Growth, supported by a hedging program covering 100% of 2026 generation volumes. The company announced the formation of Helix Digital Infrastructure with KKR, KIA, and NVIDIA, committing up to $1.0 billion, and received FERC approval for the pending Cogentrix Energy acquisition. Capital allocation included $6.5 billion in share repurchases since November 2021 (with $1.2 billion authorization remaining) and $154 million in common stock dividends paid during the first half of 2026.

6. Aug 6, 2026, 4:49 PM ET·CPK·Utilities

   Chesapeake Utilities Corporation — Second Quarter 2026 Earnings Summary

   CHESAPEAKE UTILITIES CORP

   Second quarter net income rose to $25.4 million ($1.05 diluted EPS) from $23.9 million ($1.02 diluted EPS) in 2025, while year-to-date net income reached $84.7 million ($3.51 diluted EPS) compared to $74.8 million ($3.22 diluted EPS) in 2025. The company increased its 2026 capital expenditure guidance range to $550–$600 million (up $100 million) and reaffirmed 2028 earnings guidance of $7.75–$8.00 per share, with total investment expected to exceed $2.2 billion through 2028. Announced the $1.2 billion Florida Energy Pathway (FEP) pipeline project targeting 2030 in-service, supported by a $650 million increase in revolving credit facility capacity and ongoing partner discussions. Adjusted gross margin grew 9.6% year-to-date to $31.2 million, driven by transmission expansions, regulatory initiatives, and organic growth, while total operating revenues for the quarter reached $201.9 million.

7. Aug 6, 2026, 9:32 AM ET·YORW·Utilities

   The York Water Company — Second Quarter 2026 Earnings Summary

   YORK WATER CO

   Second quarter 2026 operating revenues rose 22.5% to $23.515 million and net income increased to $7.615 million, while year-to-date revenues grew 15.8% to $43.589 million and net income reached $12.429 million, driven by rate increases and customer growth. Earnings per share for the quarter and first six months increased to $0.49 and $0.82 respectively, up from $0.35 and $0.60 in the prior year periods. The company acquired two wastewater systems for $470,000 in the first half of 2026 and estimates an additional $26.8 million in capital investments for the full year focused on infrastructure and software upgrades. Dividends per common share were raised to $0.2280 for the second quarter and $0.4560 for the first six months of 2026.

8. Aug 6, 2026, 8:35 AM ET·UGI·Utilities

   UGI Corporation — Third Quarter 2026 Earnings Summary

   UGI CORP

   Q3 GAAP diluted EPS improved to $(0.62) from $(0.76) YoY, while adjusted diluted EPS widened to $(0.20) from $(0.01); total revenues declined 4% YoY to $1,331 million. Management reaffirmed fiscal 2026 adjusted diluted EPS guidance of $2.75 to $2.90, citing rising natural gas demand from data centers and power generation. The PA gas rate case settlement was accepted by Administrative Law Judges, authorizing a two-phase $65 million rate increase effective October 2026 and October 2027. Completed debt transactions to extend maturities and reduce annual borrowing costs by approximately $30 million across UGI International, AmeriGas Propane, and UGI Energy Services. AmeriGas Propane reported a Q3 EBIT loss of $53 million versus $28 million YoY due to a 14% revenue decline, though management notes improving volume retention and safety metrics.

9. Aug 6, 2026, 7:56 AM ET·SPH·Utilities

   Suburban Propane Partners, L.P. — Third Quarter 2026 Earnings Summary

   SUBURBAN PROPANE PARTNERS LP

   Reported a net loss of $17.5 million ($0.26 per unit) and adjusted EBITDA of $18.0 million, both declining year-over-year from $14.8 million and $27.0 million respectively, while total revenues rose slightly to $261.4 million. Total gross margin remained flat at $160.3 million despite a 1.8% decline in retail propane gallons sold, as higher average propane prices (+3.6%) and counter-seasonal customer growth offset warmer weather impacts. The Board declared a quarterly distribution of $0.325 per unit ($1.30 annualized); the company utilized excess cash flows and $6.6 million in ATM proceeds to repay $36.2 million in revolving credit borrowings. Management expects all three renewable natural gas (RNG) facilities to be operational by fiscal year 2027, with the Columbus, Ohio facility coming online in Q4, alongside a new Upstate New York digester placed in service post-quarter. Combined operating and administrative expenses increased 3.8% year-over-year to $141.4 million, driven by higher payroll and fuel costs, while the consolidated leverage ratio rose marginally to 4.35x.

10. Aug 6, 2026, 7:30 AM ET·GNE·Utilities

    Genie Energy — Second Quarter 2026 Earnings Summary

    GENIE ENERGY LTD

    Consolidated revenue decreased 4.6% year-over-year to $100.4 million, while net income and diluted EPS surged to $11.4 million and $0.43, respectively, driven by a gross margin expansion to 33.5% from 22.3%. Full-year 2026 Adjusted EBITDA guidance remains unchanged at $32.5 million to $40 million, with management expecting continued bottom-line growth from high-value customer acquisitions and expanding contributions from Diversegy and Genie Solar. The company returned capital to shareholders via a declared $0.075 quarterly dividend and the repurchase of approximately 48,000 Class B shares for $659,000, supported by a cash and marketable securities balance of $204.3 million. Operating cash flow net use narrowed to $9.9 million for the first half of 2026 compared to $16.5 million in the prior year, though customer churn rose to 5.9% as low-margin aggregation deals expired.

11. Aug 6, 2026, 7:00 AM ET·EVRG·Utilities

    Evergy — Second Quarter 2026 Earnings Summary

    EVERGY INC

    Second quarter 2026 GAAP net income rose to $215.0 million ($0.91/share) from $171.3 million ($0.74/share) in 2025, while adjusted earnings increased to $208.5 million ($0.88/share) from $191.1 million ($0.82/share), driven by regulated investment recovery and higher large customer revenues. The company reaffirmed its 2026 adjusted EPS guidance range of $4.14 to $4.34 and its long-term annual growth target of 6% to 8%+ through 2030, with expectations to exceed 8% growth beginning in 2028. Strong demand persists among large customers in Kansas and Missouri, with management targeting at least one additional electric service agreement execution in 2026. The Board declared a quarterly dividend of $0.6950 per share; meanwhile, the company continues disposing of non-regulated clean energy investments and previously incurred a $10.3 million loss from convertible note repurchases in the first quarter.

12. Aug 5, 2026, 5:13 PM ET·ORA·Utilities

    Ormat Technologies — Second Quarter 2026 Earnings Summary

    ORMAT TECHNOLOGIES INC

    Total revenues rose 10.6% YoY to $258.8 million in Q2 2026, driven by 195.1% growth in Energy Storage and 42.9% H1 revenue growth to $662.7 million, though Product segment revenue fell 21.6% in the quarter due to project timing. Full-year 2026 guidance was raised to $1,150–$1,200 million for total revenue and $630–$650 million for Adjusted EBITDA, reflecting confidence in long-term growth despite a $6.6 million write-off of unprosecuted storage projects impacting GAAP net income. The company's balance sheet strengthened with cash and equivalents reaching $513.7 million, while total debt increased to $2.08 billion following the issuance of convertible senior notes; a quarterly dividend of $0.12 per share was declared. Strategic progress includes the commercial operation of the Dominica geothermal plant, the decision to develop the 100 MW Denali energy storage facility, and advanced pilot programs for Enhanced Geothermal Systems (EGS) with SLB and Sage Geosystems.

13. Aug 5, 2026, 4:47 PM ET·ATO·Utilities

    Atmos Energy Corporation — Fiscal 2026 Third Quarter Earnings Summary

    ATMOS ENERGY CORP

    Reported Q3 diluted EPS of $7.33 and net income of $1.2 billion, with $355.0 million in annualized regulatory outcomes and $3.1 billion in capital expenditures (over 85% for safety/reliability). Reaffirmed fiscal 2026 EPS guidance of $8.40 to $8.50 and expects full-year capital expenditures of approximately $4.2 billion. Declared a quarterly dividend of $1.00 per share, establishing an indicated annual dividend of $4.00 for fiscal 2026, a 14.9% increase over fiscal 2025. Maintained a 60% equity capitalization profile with $4.6 billion in available liquidity while serving 3.4 million customers across eight states.

14. Aug 5, 2026, 4:42 PM ET·RGCO·Utilities

    RGC Resources, Inc. — Third Quarter 2026 Earnings Summary

    RGC RESOURCES INC

    Consolidated net income for Q3 2026 rose to $559,000 ($0.05/share) from $538,000 ($0.05/share) in the prior year period, while nine-month net income increased 5.2% to $14.2 million ($1.37/share) from $13.5 million ($1.31/share). Operating revenues declined slightly to $17.1 million in the quarter but grew to $92.8 million for the nine-month period compared to $81.0 million; operating expenses rose to $15.9 million for the quarter and $73.8 million year-to-date. Cash dividends increased to $0.2175 per share for the quarter and $0.6525 year-to-date, up from $0.2075 and $0.6225 respectively in the prior year. Total assets grew to $339.7 million and long-term debt increased to $145.6 million as of June 30, 2026, driven by improved margins from higher base rates and SAVE investment, partially offset by inflation and the loss of an industrial customer.

15. Aug 5, 2026, 4:35 PM ET·MNTK·Utilities

    Montauk Renewables — Second Quarter 2026 Earnings Summary

    MONTAUK RENEWABLES INC

    Total revenues reached $54.0 million, up 19.7% year-over-year, while net income turned positive at $0.2 million compared to a $5.5 million loss in Q2 2025; Non-GAAP Adjusted EBITDA surged 144.5% to $12.3 million. Full-year 2026 guidance remains intact with RNG revenues projected between $175 million and $190 million and REG revenues between $23 million and $26 million, despite a shift from fixed-price commodity contracts to RIN-driven revenue. The GreenWave joint venture contributed $3.8 million in income, and feedstock collection agreements now cover over 50 farming locations, though RNG commodity revenue fell 63.7% due to contract expirations. Capital expenditures totaled $55.6 million for the first half of 2026, and total debt increased to $149.6 million, while the Turkey, North Carolina facility began power generation in July 2026.

16. Aug 5, 2026, 4:29 PM ET·BKH·Utilities

    Black Hills Corp. — Second Quarter 2026 Earnings Summary

    BLACK HILLS CORP

    GAAP net income and diluted EPS rose 39% and 32% respectively to $38.2 million and $0.50 in Q2 2026, while adjusted earnings and EPS increased 51% and 42% to $41.5 million and $0.54; year-to-date adjusted EPS was $2.33 versus $2.24 in 2025. The company reaffirmed 2026 adjusted earnings guidance of $4.25 to $4.45 per share (excluding merger costs) and expects to close its all-stock merger with NorthWestern Energy by year-end 2026 pending Montana PSC approval. Strategic progress includes $377 million in refundable advances for a 1.8 GW Wyoming data center project, a 99-MW Lange II generation facility expected online by year-end 2026, and a 3 GW large-load demand pipeline in Wyoming. Corporate and Other operating losses widened due to merger-related costs, while Electric and Gas Utilities operating income grew driven by new rates and rider recoveries; the board approved a quarterly dividend of $0.703 per share.

17. Aug 5, 2026, 4:25 PM ET·AWR·Utilities

    American States Water Company — Second Quarter 2026 Earnings Summary

    AMERICAN STATES WATER CO

    Consolidated diluted EPS rose 25.3% to $1.09 for Q2 2026 (vs. $0.87 in 2025), driven by CPUC-approved rate increases and higher water consumption; total operating revenues increased 11.2% to $181.29 million. Full-year 2026 guidance remains intact with regulated utilities targeting $185–$220 million in capital investments and contracted services expected to contribute $0.63–$0.67 per share. AWR completed its $200 million ATM offering in June 2026, raising $200 million in gross proceeds, and announced an 8.2% dividend increase to $0.5455 per share for Q3. Future water utility earnings face volatility risks due to consumption fluctuations and supply mix changes under the modified revenue decoupling mechanism effective January 1, 2025. The company affirmed its long-term dividend growth policy, targeting a CAGR of more than 7%, having increased dividends for 72 consecutive years with a 5-year CAGR of 8.4%.

18. Aug 5, 2026, 4:08 PM ET·FLNC·Utilities

    Fluence Energy, Inc. — Third Fiscal Quarter 2026 Earnings Summary

    FLUENCE ENERGY INC

    Revenue rose 7.9% year-over-year to $649.8 million, while GAAP gross margin contracted to 5.1% from 14.8% and net loss widened to $44.3 million from a $6.9 million profit in the prior year period. Fiscal 2026 guidance was lowered to $2.9–$3.1 billion in revenue and $(30.0) million to $10.0 million in Adjusted EBITDA, reflecting approximately $400 million in project delivery delays into fiscal 2027 due to manufacturing and construction issues. Order intake surged to over $1.44 billion (nearly triple prior year) and backlog reached a record $6.4 billion, driven by $850 million in secured data center business and strong demand across utilities and hyperscalers. Liquidity remains robust at $863 million, including $365 million in cash, while deferred revenue grew to $956.5 million; management expects targeted production levels to be achieved early in fiscal 2027.

19. Aug 5, 2026, 4:07 PM ET·TLN·Utilities

    Talen Energy — Second Quarter 2026 Earnings Summary

    TALEN ENERGY CORP

    Reported Adjusted EBITDA of $374 million for Q2 2026, a $284 million year-over-year increase from $90 million in Q2 2025, while GAAP Net Loss widened to $(92) million compared to $72 million net income in the prior year period. Raised full-year 2026 Adjusted EBITDA guidance to $2,025–$2,225 million and Adjusted Free Cash Flow to $1,200–$1,350 million, with increased outlooks for 2027 and 2028. Completed the Cornerstone Acquisition in June 2026, adding approximately 2.6 GW of generation capacity, bringing total owned infrastructure to 15.7 GW. Executed $200 million in share repurchases during the quarter and issued $4.0 billion in senior unsecured notes to fund acquisitions and debt redemptions, maintaining a net leverage target below 3.5x. Progressing a pipeline of approximately 4 GW in land development and data center contracting options while hedging 85% of expected 2026 generation volumes.

20. Aug 5, 2026, 10:48 AM ET·WTRG·Utilities

    Essential Utilities — Q2 2026 Earnings Summary

    ESSENTIAL UTILITIES INC

    GAAP net income declined 2% to $105.7 million ($0.37/share) in Q2 2026 from $107.8 million ($0.38/share) in Q2 2025, while total operating revenues rose 3% to $530.9 million; non-GAAP adjusted EPS was $0.38. Affirmed long-term earnings growth guidance of 5% to 7% CAGR through 2027 and expects $1.7 billion in regulated infrastructure investments for 2026, with $662.2 million invested in the first six months. Received regulatory approvals for the merger with American Water from Ohio and Virginia commissions, with approximately 95% of shares approved at a February 2026 shareholder meeting. Board increased the quarterly cash dividend by 5.25% to $0.3606 per share; signed purchase agreements for additional systems in four states totaling approximately $282 million, including the DELCORA acquisition.

21. Aug 5, 2026, 8:05 AM ET·SWX·Utilities

    Southwest Gas Holdings — Second Quarter 2026 Earnings Summary

    SOUTHWEST GAS HOLDINGS INC

    Consolidated operating revenues declined 9.6% year-over-year to $358.2 million for the quarter, while net income from continuing operations surged to $42.1 million from a $0.7 million loss in the prior year; full-year 2026 EPS guidance remains reaffirmed at $4.17 to $4.32. The company reaffirmed 2026 capital expenditures of approximately $1.25 billion and long-term growth targets, including a 2026-2030 adjusted EPS CAGR of 12.0% to 14.0%, despite updated Great Basin 2028 Expansion Project cost estimates of $2.3 billion. The Great Basin 2028 Expansion Project secured binding precedent agreements for 1 Bcf/day of demand with additional expressions of interest for ~1.8 Bcf, projected to generate $270 million to $300 million in annual incremental margin once in service. Regulatory progress included a constructive California decision yielding $40 million in incremental annual revenue, the approval of Nevada's Triennial Resource Plan for $186 million in investments, and the effective date of Arizona's System Integrity Mechanism rates. The company ended the quarter with $270.5 million in cash and nearly $1.0 billion in liquidity, following the completed disposition of Centuri Holdings, Inc., which eliminated prior-year discontinued operation losses.

22. Aug 5, 2026, 7:06 AM ET·SR·Utilities

    Spire Inc. — Fiscal 2026 Third Quarter Earnings Summary

    SPIRE INC

    Reported a net loss from continuing operations of $42.6 million ($0.72/share) for the quarter, widening from $13.3 million ($0.29/share) in the prior year, while nine-month net income rose to $262.8 million ($4.21/share) from $248.1 million ($4.05/share). Reaffirmed fiscal 2026 adjusted earnings guidance of $3.90–$4.10 per share and fiscal 2027 guidance of $5.40–$5.60 per share, reflecting a full year of earnings from Spire Tennessee. Completed divestitures of Spire Marketing and Spire Storage classified as discontinued operations, generating a $254.6 million after-tax gain in the quarter, while long-term debt increased to $5,758.0 million to fund $2,500.8 million in acquisitions year-to-date. Gas Utility segment adjusted loss narrowed to $3.2 million for the quarter from $10.0 million in the prior year, driven by new Missouri rates and favorable off-system sales, though Other activities adjusted loss widened to $12.5 million. Management confirmed portfolio optimization is largely complete, maintaining a 5-7% long-term earnings growth target and an $11.2 billion capital investment target through fiscal 2035.

23. Aug 5, 2026, 6:35 AM ET·NI·Utilities

    NiSource — Second Quarter 2026 Earnings Summary

    NISOURCE INC

    GAAP net income available to common shareholders for the quarter declined to $45.5 million ($0.09/share) from $102.2 million ($0.22/share) in the prior year period, while non-GAAP adjusted net income fell to $77.6 million ($0.16/share) from $101.9 million ($0.22/share); however, six-month non-GAAP adjusted net income rose to $587.2 million ($1.22/share) from $564.2 million ($1.19/share). The company reaffirmed 2026 non-GAAP consolidated adjusted EPS guidance of $2.02-$2.07 and a 9%-10% CAGR from 2026-2033, supported by a $28.6 billion 2026-2030 capital investment plan including $7.6 billion for strategic data center infrastructure. Strategic progress includes regulatory approvals for special contracts with Amazon and Alphabet, which are expected to advance $1.4 billion in savings for existing customers. Management expressed confidence in the second half of the year based on disciplined execution of efficiency initiatives and regulatory mechanisms for cost recovery, while noting risks related to construction timelines, financing, and weather fluctuations.

24. Aug 4, 2026, 6:32 PM ET·NWN·Utilities

    NW Natural Holdings — Second Quarter 2026 Earnings Summary

    NORTHWEST NATURAL HOLDING CO

    Reported Q2 2026 net income of $600k ($0.01/share), a turnaround from a $2.5M loss in 2025; year-to-date net income rose 14.9% to $98.089M ($2.33/share) from $85.416M in 2025, driven by SiEnergy growth and reduced "Other" segment losses. Raised full-year 2026 EPS guidance to the upper half of the $2.95–$3.15 range, citing strong execution and increased visibility, while maintaining long-term rate base growth targets of 6%–8% through 2030. Completed $234.95M in capital expenditures in the first half of 2026 and secured regulatory approvals for revenue increases totaling $33.1M across Washington and Oregon rate cases, with new rates effective August and October 2026. Added nearly 18,000 utility connections (1.9% growth) and declared a quarterly dividend of $0.4925 per share ($1.97 annualized); long-term debt increased to $2.377B as of June 30, 2026.

25. Aug 4, 2026, 4:18 PM ET·OGS·Utilities

    ONE Gas — Second Quarter 2026 Earnings Summary

    ONE GAS INC

    Adjusted net income rose 59% year-over-year to $52.1 million ($0.82/share) in Q2 2026, with year-to-date adjusted net income increasing 21% to $185.5 million ($2.94/share), while total revenues declined 2.9% in Q2 to $411.6 million and 8.5% year-to-date to $1,243.4 million. Management raised full-year 2026 adjusted net income guidance to $306–$314 million and EPS guidance to $4.83–$4.95, citing strong execution and favorable regulatory outcomes in Kansas, Oklahoma, and Texas. The company declared a quarterly dividend of $0.68 per share ($2.72 annualized) and expects 2026 capital investments to total approximately $800 million, including $230 million for new customer extensions. Revenue growth was driven by $16.4 million in new rates and volume increases, partially offset by lower sales volumes and higher operating expenses, including $7.4 million in employee-related costs for the quarter.