Xcel Energy Inc. (XEL), headquartered in Minneapolis, Minnesota, generates, purchases, transmits, distributes, and sells electricity. With a market cap of $44.9 billion, the company also purchases, transports, distributes, and sells natural gas to retail customers, as well as transports customer-owned natural gas.
Shares of this electricity and natural gas company have underperformed the broader market over the past year. XEL has gained 13.2% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 14%. However, in 2026, XEL stock is up 3.2%, surpassing the SPX’s marginal rise on a YTD basis.
