With a market cap of $48 billion, Xcel Energy Inc. (XEL) is a regulated electric and natural gas utility company. Headquartered in Minneapolis, Minnesota, the company generates, transmits, and distributes electricity while also providing natural gas distribution services to residential, commercial, and industrial customers.
Xcel Energy has struggled to keep pace with the broader market over the past year. XEL stock has returned 5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 21.5%. The stock has continued to trail the benchmark in 2026, rising 4.2% year to date versus the index's 12.6% gain.
