Eversource EnergyNYSE: ES

ES's organized plans for capital investment and growth in renewable energy should enhance its overall performance even more.

Eversource Energy is making significant investments to update its grid in order to improve old infrastructure and meet future energy demands, which will help it grow and stay strong in the utility industry. Even though the company has seen a drop in revenue recently, its operating income and EBITDA have been growing, showing that it is performing well despite challenging economic conditions. Eversource is also focusing on enhancing its services by investing in new substations, electric distribution, and customer service improvements.

HARTFORD, Conn. & BOSTON--(BUSINESS WIRE)--Eversource Energy (NYSE: ES) is excited to introduce Rima Hyder as the new Vice President of Investor Relations. With over 20 years of experience in finance, communications, and investor relations across various industries, Hyder will guide the company's strategy to build and sustain strong connections with investors and other important stakeholders. Matt Fallon will remain in his current role.

Eversource's (ES) plans for long-term capital investment and the growth of its renewable energy and water services are expected to enhance its overall performance.

Eversource Energy's (ES) earnings and revenues for the second quarter have fallen compared to the previous year. Additionally, total operating expenses have also gone down during this time.

Eversource Energy's (ES) results for the second quarter are likely to improve due to warmer weather in the areas they serve and their investments. On the other hand, increased interest costs may have had a negative effect.

Eversource is a public utility company primarily engaged in energy delivery through subsidiaries in New England. The company is making strides in green technology with offshore wind projects and geothermal pilot projects. Eversource's financial outlook is positive, with proceeds from project sales improving free cash flow and reducing debt, leading to steady growth.

BOSTON--(BUSINESS WIRE)--Affirming its leadership in pursuing innovative decarbonization solutions, Eversource has been recognized with the Environmental Business Council of New England's (EBC) Inaugural Community Choice Award for the energy company's innovative first-of-its-kind networked geothermal pilot project in Framingham, Massachusetts. The award was presented to Eversource leadership and members of the project team during the EBC APEX Awards Celebration held at the City Winery in Boston.

Eversource's (ES) systematic investment plans, expansion of renewable operations and water business should further improve its performance.