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  • 11/20/19
    (NEWARK, N.J. – Nov. 20, 2019) – Public Service Enterprise Group Incorporated (PSEG) today announced that John P. Surma has been elected to its Board of Directors, effective Nov. 19, 2019.Surma retired as chairman and CEO of U.S. Steel Corp. in September 2013, having served in that position since October 2004, and retired as executive chairman in December 2013. Earlier, he served as U.S. Steel’s chief financial officer, chief operating officer and president.“John’s vast experience leading onemore...
  • 11/19/19
    (November 19, 2019 – Newark, NJ) The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.47 per share dividend on the outstanding common stock of the company for the fourth quarter of 2019.All dividends for the fourth quarter are payable on or before December 31, 2019, to shareholders of record on December 10, 2019.#####                       more...
  • 10/31/19
    Public Service Enterprise Group (NYSE: PEG) reported today Net Income for the third quarter of 2019 of $403 million, or $0.79 per share as compared to Net Income of $412 million, or $0.81, in the third quarter of 2018. Non-GAAP Operating Earnings for the third quarter of 2019 were $495 million, or $0.98 per share, compared to non-GAAP Operating Earnings for third quarter 2018 of $481 million, or $0.95 per share. Non-GAAP Operating Earnings for third quarter 2019 exclude the recognition of netmore...
  • 10/29/19
    Today, Ørsted and Public Service Enterprise Group (PSEG), a leading energy company with a utility serving 2.3 million New Jersey electricity customers, announced they will enter into exclusive negotiations for PSEG to potentially become an equity investor in one of Ørsted’s offshore wind projects. Subject to negotiations toward a joint venture agreement, advanced due diligence and any required regulatory approvals, PSEG would acquire 25% of Ocean Wind.To read the full press release pleasemore...
  • 9/23/19
    NEWARK, N.J. – Sept. 23, 2019 – Public Service Enterprise Group’s inclusion on the Dow Jones Sustainability Index (DJSI) for North America for the 12th year in a row is the latest recognition of the company’s ongoing and longtime commitment to sustainable and ethical practices. PSEG was one of seven U.S. utility companies selected for the list. The DJSI recognizes forward-thinking companies based on an appraisal of the company’s strategy, management and performance in dealing withmore...
  • 7/30/19
    Public Service Enterprise Group (NYSE: PEG) reported Net Income for the second quarter of 2019 of $153 million, or $0.30 per share, compared to Net Income of $269 million, or $0.53 per share, in the second quarter of 2018. Non-GAAP Operating Earnings for the second quarter of 2019 were $294 million, or $0.58 per share, compared to non-GAAP Operating Earnings for the second quarter of 2018 of $325 million, or $0.64 per share. Non-GAAP results for the second quarter of 2019 exclude themore...
  • 7/25/19
    NEWARK, N.J. – July 25, 2019 – As part of its Powering Progress vision for the future, PSEG announced that it expects to cut its power fleet’s carbon emissions by 80% by 2046, from 2005 levels. PSEG also announced its vision of attaining net-zero carbon emissions by 2050 assuming advances in technology and public policy. In support of these carbon-reduction goals, PSEG also announced that it has no plans to build or acquire new fossil-fueled power plants. PSEG is committing to reportingmore...