Xcel Energy Inc. (XEL) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.199 Hello and welcome to Xcel Energy 2025 year-end earnings conference 00:00:05.199 -- 00:00:10.627 call. My name is Jordan and I'll be your coordinator for today's event. 00:00:10.627 -- 00:00:15.395 Please note this conference is being recorded and for the duration of the call, your 00:00:15.395 -- 00:00:20.623 lines will be in listen-only mode. A question and answer session will follow and 00:00:20.623 -- 00:00:25.791 follow the prepared remarks and questions will only be taken from institutional 00:00:25.791 -- 00:00:31.187 investors and analysts. Reporters can contact media relations with inquiries 00:00:31.187 -- 00:00:36.092 and individual investors, and others can reach out to investor relations. 00:00:36.092 -- 00:00:39.556 I'd now like to turn the call over to your host today, Mr. 00:00:39.556 -- 00:00:44.601 Rupesh Argawal, Vice President, Investor Relations, to begin the conference. 00:00:44.601 -- 00:00:47.221 Please go ahead, sir. 00:00:47.724 -- 00:00:53.249 Thank you, Jordan. Good morning, and welcome to Xcel Energy's 2025 year-end earnings 00:00:53.249 -- 00:00:58.254 call. Joining me today are Bob Frenzel, Chairman, President and 00:00:58.254 -- 00:01:03.380 Chief Executive Officer, and Brian Van Abel, Executive Vice President and Chief 00:01:03.380 -- 00:01:05.382 Financial Officer. 00:01:05.382 -- 00:01:09.226 In addition, we have other members of the management team in the room to answer your 00:01:09.226 -- 00:01:11.368 questions if needed. 00:01:11.368 -- 00:01:16.314 This morning, we will review our 2025 full year results and highlights, 00:01:16.314 -- 00:01:21.680 provide updated 2026 assumptions, and share recent business and regulatory 00:01:21.680 -- 00:01:23.242 updates. 00:01:23.242 -- 00:01:27.764 Slides...