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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Pinnacle West Capital
Pinnacle West Capital (PNW) investor relations material
Pinnacle West Capital Investor presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Investor presentation summary12 Aug, 2026
Company profile and service territory
Operates Arizona's largest electric utility with 1.4 million customers and $30B in consolidated assets as of December 31, 2025.
Owns or leases 6.3GW of generating capacity, with 58% from clean energy sources.
Retail sales are evenly split between residential and non-residential customers.
Growth outlook and energy future
Arizona is experiencing robust economic and population growth, with Phoenix leading in manufacturing and semiconductor investment.
Residential customer growth is projected at 2.1%-2.4% annually through 2026, outpacing the national average.
Commercial and industrial (C&I) growth is diverse, driven by sectors like technology, manufacturing, and biosciences.
Long-term weather-normalized sales growth guidance increased to 5%-7% through 2030.
Investment and infrastructure plans
Significant investments planned to meet rising demand, including up to 2GW new gas generation and $440M for Cholla plant conversion.
Over $6B in cumulative transmission capital expenditures planned, with major projects to support reliability and access to new markets.
Capital plan for 2025-2028 totals $10.35B, focused on generation, transmission, and distribution.
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Latest events from Pinnacle West Capital
- Q2 2026 delivered strong sales and growth, with EPS at $1.43 and robust capital investment.PNW
Q2 2026 - Strong growth, infrastructure expansion, and all proposals approved amid record demand.PNWAGM 2026
- Strong growth, disciplined cost control, and robust capital investment drive financial outlook.PNWInvestor presentation
- Strong growth, clean energy focus, and robust financial outlook drive future performance.PNWInvestor presentation
- Strong growth, robust capital plan, and improved regulation drive financial and operational performance.PNWInvestor presentation
- Strong growth, clean energy investment, and disciplined financial management drive outlook.PNWInvestor presentation
- Q1 2026 profit rebounded to $33M on strong growth, higher revenues, and robust guidance.PNWQ1 2026
- Strong growth, major investments, and disciplined cost control drive robust financial outlook.PNWInvestor presentation
- Q1 2025 net loss driven by higher costs, but outlook remains strong amid Arizona's growth.PNWQ1 2025
Next Pinnacle West Capital earnings date
Q3 20263 Nov, 2026
Pinnacle West Capital
Next Pinnacle West Capital earnings date
Q3 20263 Nov, 2026
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Frequently asked questions
Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides electricity service to homes and businesses in metropolitan Phoenix. Pinnacle West Capital Corporation is a subsidiary of Pinnacle West Capital Corporation that offers electric service in the State of Arizona. Pinnacle West Capital Corporation was incorporated under the laws of the State of Delaware in 1985. The Company's service area includes most of the urbanized area in Maricopa County, Arizona. APS employs approximately 2,600 full-time equivalent employees who work at various facilities located throughout Arizona. The company is based in Phoenix, Arizona.