Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Wells Fargo & Company    WFC

WELLS FARGO & COMPANY

(WFC)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Wells Fargo mpany : , NRG Energy in 10-Year Texas Renewable-Energy Pact

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/17/2019 | 09:47am EST

By Colin Kellaher

Wells Fargo & Co. (WFC) on Thursday said it signed a 10-year structured renewable-energy agreement with a unit of NRG Energy that marks the San Francisco bank's biggest renewable purchase to date.

Wells Fargo said the new agreement will provide roughly 62,000 megawatt-hours of solar energy a year to about 400 properties across the state of Texas.

Wells Fargo said the energy will come from a new utility-scale solar facility that is expected to break ground next year and begin delivering energy to the grid in 2021.

The bank said it is pursuing similar agreements across the U.S. as part of its long-term energy strategy.

Wells Fargo also said it plans to expand its on-site renewables portfolio by installing solar technologies on more than 100 corporate, branch and data facilities across the U.S. The company currently maintains solar arrays on 16 properties and a number of automated teller machines.

Write to Colin Kellaher at colin.kellaher@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
NRG ENERGY 0.43% 39.37 Delayed Quote.-1.01%
WELLS FARGO & COMPANY 1.34% 54.28 Delayed Quote.16.23%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on WELLS FARGO & COMPANY
05:00pWELLS FARGO MPANY : Closed-End Funds Declare Monthly and Quarterly Distributions
BU
12:46pWELLS FARGO MPANY : payments head Modjtabai to retire, names Fischer to lead car..
AQ
12:24pTraders Bet on Volatility Comeback in 2020
DJ
11/21WELLS FARGO & COMPANY/MN : Change in Directors or Principal Officers, Financial ..
AQ
11/21WELLS FARGO & COMPANY/MN : Financial Statements and Exhibits (form 8-K)
AQ
11/21CATALYST SEEKS FINANCING TO TOP HUDS : sources
RE
11/21WELLS FARGO MPANY : Thinking about buying stock in Intel, Microsoft, Charles Sch..
PR
11/20WELLS FARGO : PVSI Head Avid Modjtabai to Retire in March
DJ
11/20WELLS FARGO MPANY : Announces Changes in Payments, Virtual Solutions and Innovat..
BU
11/20Loonie hits six-week low as BoC's more dovish stance weighs
RE
More news
Financials (USD)
Sales 2019 84 338 M
EBIT 2019 29 180 M
Net income 2019 20 012 M
Debt 2019 -
Yield 2019 3,53%
P/E ratio 2019 12,0x
P/E ratio 2020 12,5x
Capi. / Sales2019 2,72x
Capi. / Sales2020 2,87x
Capitalization 230 B
Chart WELLS FARGO & COMPANY
Duration : Period :
Wells Fargo & Company Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends WELLS FARGO & COMPANY
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 31
Average target price 51,30  $
Last Close Price 54,28  $
Spread / Highest target 10,5%
Spread / Average Target -5,50%
Spread / Lowest Target -22,6%
EPS Revisions
Managers
NameTitle
Charles William Scharf President, Chief Executive Officer & Director
Elizabeth A. Duke Independent Chairman
John R. Shrewsberry Chief Financial Officer & Senior Executive VP
Saul van Beurden Head-Technology
Gary Owen Chief Information Security Officer
Sector and Competitors
1st jan.Capitalization (M$)
WELLS FARGO & COMPANY16.23%226 524
JPMORGAN CHASE & CO.32.79%407 462
BANK OF AMERICA CORPORATION32.67%295 399
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED1.62%282 601
CHINA CONSTRUCTION BANK CORPORATION-1.86%202 470
CITIGROUP INC.41.95%161 338