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MarketScreener Homepage  >  Equities  >  Nyse  >  Entergy Corporation    ETR

ENTERGY CORPORATION

(ETR)
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Entergy : North Louisiana restoration update

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05/13/2019 | 10:23am EDT

News Center > North Louisiana restoration update

For Immediate Release

05/13/2019

North LA Region

Entergy Louisiana restoration crews expect to restore power to all customers who can accept it by 10 p.m. Monday, May 13. Additional crews have been brought in to assist with restoration work in all areas. Entergy Louisiana is coordinating with state and local emergency preparedness officials to continue its efforts until all customers are restored.

Customers who remain without power in Bienville, Jackson and Winn Parishes experienced some of the most severe effects of the storm. Vegetation debris caused extensive damage to Entergy's equipment, poles, and wires in these hard-hit areas.

As of 8 a.m. Monday, May 13, approximately 58 customers remain without power.

Entergy's number one priority is the safety of our workers and the public and would like to remind everyone that a downed power line can be deadly. If you see a downed power line KEEP YOUR DISTANCE and do not attempt to move the power line directly nor indirectly. Report downed power lines and outages by calling 1-800-ENTERGY (1-800-368-3749) or 1-800-9OUTAGE (1-800-968-8243).

Customers can make sure their home or business is ready for power to be restored by checking outside for damage to the electrical equipment attached to their home. If the meter or any of the piping and wires on the outside wall is missing or looks damaged, customers should contact a licensed electrician to make repairs. Entergy Storm Center has information to help you identify damages.

Bienville, Jackson and Winn Parishes

As of 8 a.m., Monday, May 13, approximately 58 customers across Bienville, Jackson and Winn parishes remain without power. Entergy crews and additional restoration workers continue to restore power in a safe manner. Damage assessment is 100% complete. The storm downed more than nine miles of power lines and damaged more than 75 poles. All customers who can receive power will be restored by 10 p.m., Monday, May 13.

Restoration crews will be working in all areas until power is restored, including: Walker Road, Weston and areas around Highway 810, Highway 505, Highway 155, the Walker Cross Road area, the Cold Water area and the community around Goldonna.

Additional Entergy crews have been brought in to assist with completing local service-related work, such as new installations, temporary disconnects and reconnects from storm damage and debris clean up.

We greatly appreciate the understanding and patience of our customers as we work to restore power across north Louisiana.

Disclaimer

Entergy Corporation published this content on 13 May 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 13 May 2019 14:22:00 UTC

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Financials ($)
Sales 2019 11 895 M
EBIT 2019 1 869 M
Net income 2019 1 090 M
Debt 2019 19 651 M
Yield 2019 3,67%
P/E ratio 2019 17,90
P/E ratio 2020 18,13
EV / Sales 2019 3,26x
EV / Sales 2020 3,33x
Capitalization 19 107 M
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Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 103 $
Spread / Average Target 2,1%
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NameTitle
Leo P. Denault Chairman & Chief Executive Officer
Paul D. Hinnenkamp Chief Operating Officer & Executive Vice President
Andrew S. Marsh Chief Financial Officer & Executive Vice President
Alexis Margaret Herman Independent Director
Stuart L. Levenick Lead Independent Director
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