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e Xcel Energy® July 29 , 2021 XCEL ENERGY SECOND QUARTER 2021 EARNINGS REPORT GAAP 2021 second quarter earnings per share were $ 0.58 compared with $ 0.54 in 2020 . Xcel Energy reaffirms 2021 EPS earnings guidance of $ 2.90 to $ 3.00 . MINNEAPOLIS - Xcel Energy Inc. ( NASDAQ : XEL ) today reported 2021 second quarter GAAP and ongoing earnings of $ 311 million , or $ 0.58 per share , compared with $ 287 million , or $ 0.54 per share in the same period in 2020 . 414 Nicollet Mall Minneapolis , MN 55401 Earnings reflect higher electric and natural gas margins , which more than offset additional depreciation , operating and maintenance ( O & M ) expenses , interest charges and less allowance for funds used during construction ( AFUDC ) . " Xcel Energy had a strong second quarter , and we reaffirm our 2021 guidance range . We reached constructive rate case settlements in New Mexico , North Dakota and Wisconsin , and continue to make important strides toward our interim goal of 80 % carbon - free electricity by 2030 and our ultimate goal of delivering 100 % carbon - free electricity to our customers by 2050 , " said Ben Fowke , chairman and CEO . Exhibit 99.01 " We recently submitted an updated resource plan in Minnesota , which will allow us to reach our carbon reduction goals faster and at a lower cost to our customers . We also received commission approval on two renewable projects , including the largest solar facility in western Wisconsin and a 120 - megawatt wind repowering project in Minnesota . " International Dial - In : Conference ID : At 9:00 a.m. CDT today , Xcel Energy will host a conference call to review financial results . To participate in the call , please dial in 5 to 10 minutes prior to the start and follow the operator's instructions . US Dial - In : ( 888 ) 204-4368 ( 400 ) 120-9101 9915304 ( 888 ) 203-1112 ( 719 ) 457-0820 9915304 The conference call also will be simultaneously broadcast and archived on Xcel Energy's website at www.xcelenergy.com . To access the presentation , click on Investor Relations . If you are unable to participate in the live event , the call will be available for replay from 12:00 p.m. CDT on July 29 through 12:00 p.m. CDT on August 1 . Replay Numbers US Dial - In : International Dial - In : Access Code : 1