Con Edison to Engage Investors at Upcoming Financial Conferences
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Con Edison to Engage Investors at Upcoming Financial Conferences
Consolidated Edison, Inc. (NYSE: ED) is set to engage with investors at various financial conferences scheduled for September and October. Executives from Con Edison will present company insights followed by a question-and-answer session, offering an excellent opportunity for investors to learn more about the company's strategies and offerings.
About Consolidated Edison, Inc.
Consolidated Edison, Inc. stands as one of the nation’s significant investor-owned energy delivery companies, boasting around $15 billion in annual revenue by the end of 2023 and $68 billion in total assets by mid-2024. Through its diverse set of subsidiaries, Con Edison delivers a variety of energy-related products and services across different regions.
Subsidiaries of Con Edison
One prominent subsidiary is the Consolidated Edison Company of New York, Inc., which provides electric service in New York City and parts of Westchester County. Additionally, it offers gas service in Manhattan, the Bronx, and certain areas in Queens and Westchester. Another key player, Orange and Rockland Utilities, Inc., serves a wider area of approximately 1,300 square miles across southeastern New York State and northern New Jersey.
Commitment to Renewable Energy
Con Edison Transmission, Inc. operates primarily under the Federal Energy Regulatory Commission's oversight. This subsidiary manages electric and gas assets through joint ventures while focusing on the development of electric transmission projects aimed at delivering clean and renewable electricity to customers, particularly in New York and the Northeast region.
Financial Health and Future Prospects
With a strong financial foundation, Con Edison continues to expand its efforts in sustainability and innovation in the energy sector. The company is actively seeking to enhance its infrastructure to meet future energy demands while maintaining a focus on environmentally friendly practices.
Frequently Asked Questions
What will Con Edison executives present at the conferences?
The presentations will include insights into the company's strategies, growth, and offerings, followed by Q&A sessions.
How financially stable is Consolidated Edison, Inc.?
The company reported approximately $15 billion in annual revenues for 2023 and has total assets of about $68 billion.
What services does Con Edison provide?
Con Edison provides a range of energy services, including electric, gas, and steam services through its subsidiaries.
Where does Con Edison operate?
Con Edison primarily operates in New York City and parts of Westchester County, with additional services in southeastern New York and northern New Jersey.
What is Con Edison’s focus regarding renewable energy?
The company is committed to developing projects that deliver clean, renewable electricity, especially in New York and the Northeast region.
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