Phoenix, Arizona-based Pinnacle West Capital Corporation (PNW) is an energy company primarily focused on providing reliable and sustainable electricity. With a market cap of $10.6 billion, PNW operates through its principal subsidiary, Arizona Public Service (APS), delivering energy solutions to over 1.3 million customers across Arizona.
Shares of this leading energy company have gained 26.2% over the past 52 weeks, underperforming the broader S&P 500 Index ($SPX), which rallied nearly 31%. However, in 2024, PNW is up 29.4% on a YTD basis, exceeding the SPX's 25.2% gain.
