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Xcel natural gas customers will get refunds after paying higher temporary rates

Published . Updated .

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Xcel natural gas customers will get refunds after paying higher temporary rates

The Minnesota Public Utilities Commission approved a 4.8 percent increase to Xcel Energy’s natural gas rates after it initially requested 8.2 percent. Customers will receive a refund after paying higher temporary rates.

Directly affected

  • XEL Xcel Energy+11.4% 30d

    Named in this report.

Indirectly affected

  • UNG United States Natural Gas Fund-16.8% 30d

    United States Natural Gas Fund: it follows natural-gas prices. Linked by “natural gas” (natural gas) in this story.

  • XLE Energy Select Sector SPDR+6.9% 30d

    Energy Select Sector SPDR: it follows natural-gas prices. Linked by “natural gas” (natural gas) in this story.

  • XLU Utilities Select Sector SPDR+4.7% 30d

    Utilities Select Sector SPDR: it holds power utilities. Linked by “utilities” (power and utilities) in this story.

  • LNG Cheniere Energy+4.1% 30d

    Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story.

  • EQT Eqt-3.5% 30d

    Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story.

  • KMI Kinder Morgan

    Kinder Morgan (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story.

  • WMB The Williams Companies

    The Williams Companies (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story.

  • NEE NextEra Energy+10.5% 30d

    NextEra Energy (electric services): power demand and prices drive utility earnings. Linked by “utilities” (power and utilities) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
XELPrices arriving within minutes———after closeafter closeafter closeafter close
UNG-3.53%-0.64%baseafter closeafter closeafter closeafter close
XLE+9.12%+3.08%baseafter closeafter closeafter closeafter close
XLUPrices arriving within minutes———after closeafter closeafter closeafter close
LNG+12.08%+5.02%baseafter closeafter closeafter closeafter close
EQT+11.04%+6.35%baseafter closeafter closeafter closeafter close
KMI+9.25%+5.24%baseafter closeafter closeafter closeafter close
WMB+11.09%+5.91%baseafter closeafter closeafter closeafter close
NEEPrices arriving within minutes———after closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Xcel natural gas customers will get refunds after paying higher temporary rates MPR News

Source: MPR News

Energy

CompanyWhenMoveStatus
EQTthree days earlier+6.35%final price
EQTfive days earlier+11.04%final price
KMIthree days earlier+5.24%final price
KMIfive days earlier+9.25%final price
LNGthree days earlier+5.02%final price
LNGfive days earlier+12.08%final price
UNGthree days earlier-0.64%final price
UNGfive days earlier-3.53%final price
WMBthree days earlier+5.91%final price
WMBfive days earlier+11.09%final price
XLEthree days earlier+3.08%final price
XLEfive days earlier+9.12%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How solid the energy case looks

12 out of 100

“Xcel natural gas customers will get refunds after paying higher temporary rates” scores 12 out of 100. The score uses 1 sources.