PPL Corporation (PPL)

PPL Electric Utilities confirms continued support for rate case settlement following PUC approvalJune 5, 2026 4:14 PM
PR Newswire (US) ALLENTOWN, Pa., June 5, 2026 /PRNewswire/ -- PPL Electric Utilities is pleased to report that, following the Pennsylvania Public Utility Commission's approval of its distribution rate case settlement with a minor modification, all parties to the joint settlement have reaffirmed their support and do not intend to withdraw.The Company has submitted a letter to the rate case docket (R-2025-3057164) reflecting this continued support among stakeholders."We appreciate the parties' ongoing commitment to working constructively throughout this extensive review and for representing their constituents so effectively," said Christine Martin, President of PPL Electric Utilities. "As reflected in the Commission's decision, this settlement strikes an important balance by supporting affordability for customers while enabling the critical investments needed to serve our communities safely and reliably."About PPL Electric Utilities
PPL Electric Utilities delivers safe, reliable and affordable electricity to 1.5 million homes and businesses in eastern and central Pennsylvania. It regularly ranks among the country's best utility companies for reliability and customer satisfaction. PPL Electric Utilities is a major employer and an active supporter of the communities it serves. It is a part of the PPL Corporation (NYSE: PPL) family of companies. Visit pplelectric.com or connect on social media via Facebook, Twitter and Instagram for energy efficiency tips, bill help information, guidance on shopping for an electricity supplier, storm updates and more.Note to Editors: Visit our media website at https://news.pplweb.com/ for additional news and background about PPL Corporation. Contact: For news media: Dana Burns, 

Pennsylvania Public Utility Commission approves new distribution rates for PPL Electric Utilities prioritizing reliability, customer protections and long-term affordabilityJune 4, 2026 11:25 AM
PR Newswire (US) ALLENTOWN, Pa., June 4, 2026 /PRNewswire/ -- PPL Electric Utilities today announced that the Pennsylvania Public Utility Commission (PUC) has approved a settlement resolving the company's distribution rate review, supporting continued investment in a more reliable, resilient electric system while strengthening customer protections and affordability programs.The approved settlement authorizes an increase of $275 million in annual base distribution revenues and reflects broad, collaborative agreement among customer advocates, environmental and business interests and other stakeholders. The PUC found the settlement to be in the public interest following a comprehensive review with a minor modification related to net metering eligibility."This decision reflects a thorough and rigorous review of the company's request and past performance," said Christine Martin, President of PPL Electric Utilities. "This strong outcome supports our commitment to deliver safe and reliable electric service to our customers. It enables us to continue making critical investments to strengthen reliability — helping reduce outages and operate more efficiently — while expanding protections and support for the customers and communities we serve."Strengthening reliability and customer support
PPL Electric will make targeted investments to enhance system performance and resilience, including replacing aging infrastructure, expanding vegetation management, advancing smart grid technology and improving customer service systems. These investments are critical as the company responds to more frequent and severe weather.The settlement also delivers meaningful support to customers — particularly those facing financial challenges — through expanded low-income assistance, enhanced screening for eligibility and no reconnection fees for income-eligible customers. PPL Electric will also continue offering flexible payment arrangements, energy-saving tools and programs to help customers better manage their bills.Protecting customers as demand grows
As part of the decision, the company has established a new large-load customer rate class designed to support system growth while protecting existing customers. The new rate class includes binding long-term financial and usage commitments, including a minimum 10-year requirement for large users such as data centers, helping ensure infrastructure costs are paid by the large load customers and not inappropriately shifted to other customers.Beginning in 2027, $11 million annually in low-income program assistance will be assigned to these large-load customers through a non-bypassable charge, providing important assistance to residential customers who need support while reducing these costs for other residential customers."As electricity demand grows, our priority is to maintain reliability, transparency and fairness," Martin said. "These provisions ensure customers driving new infrastructure needs pay their share and existing customers are protected while supporting continued investment and economic growth."Implementation and customer impact
The decision will result in a 3.23% increase to residential customer bills. Bill changes based on estimated total bills as of July 1, 2026, are as follows:Residential (1,000 kWh/month): $6.48 increase/monthCommercial (1,000 kWh / 3 kW): $4.08 increase/monthIndustrial (150,000 kWh / 500 kW): $332.54 increase/monthAs part of the decision, PPL Electric will not increase distribution base rates for at least two years following implementation. This marks the company's first base rate increase since 2016 and continues a longstanding focus on managing costs and providing the reliable electric service our customers depend on."We thank the Shapiro Administration for constructive engagement in our rate case and we share the Governor's focus on affordability as outlined in his recent statement of principles," said Martin. "While this rate case was settled prior to the Governor's letter, PPL Electric looks forward to engaging with the Governor's Special Counsel to fulfill the expectations of those principles in future rate case filings."Customers can learn more about assistance programs, payment options and energy-saving resources at pplelectric.com.To learn more about the filings visit pplelectric.com/rateinfo.About PPL Electric Utilities
PPL Electric Utilities delivers safe, reliable and affordable electricity to 1.5 million homes and businesses in eastern and central Pennsylvania. It regularly ranks among the country's best utility companies for reliability and customer satisfaction. PPL Electric Utilities is a major employer and an active supporter of the communities it serves. It is a part of the PPL Corporation (NYSE: PPL) family of companies. Visit pplelectric.com or connect on social media via Facebook, X and Instagram for energy efficiency tips, bill help information, guidance on shopping for an electricity supplier, storm updates and more.Note to Editors: Visit our media website at https://news.pplweb.com/ for additional news and background about PPL Corporation. Contact: For news media: Dana Burns,

BrightNight Announces Financial Close for Frontier, a 120 MW Solar Project Delivering Clean Power to KentuckyMay 26, 2026 12:20 PM
PR Newswire (US) Project advancing on schedule and expected to begin commercial operation by fall of 2027.WEST PALM BEACH, Fla., May 26, 2026 /PRNewswire/ -- BrightNight today announced that it reached financial close for Frontier, a 120 MW solar PV project located in Washington and Marion counties, Kentucky. Once constructed, Frontier will become a new, additional source of renewable generation for Louisville Gas and Electric Company and Kentucky Utilities Company (LG&E and KU.) BrightNight and LG&E and KU entered into a Build Transfer Agreement for the project in August 2024 as part of the utilities' long-term strategic investment plans to support Kentucky's growing energy needs with safe, reliable, affordable and sustainable energy. Frontier is advancing on schedule, with Commercial Operation expected by fall of 2027. Reaching financial close marks the successful conversion of years of development, engineering, commercial structuring, and pre-construction investment into a fully financed infrastructure asset moving into construction.The project, which was approved by the Kentucky Public Service Commission in 2023 as part of LG&E and KU's Certificate of Public Convenience and Necessity (CPCN) filing, represents continued execution across BrightNight's growing U.S. portfolio, which includes more than 30 GW of power projects concentrated in the nation's fastest-growing energy markets. Frontier joins a series of recently advanced projects as proof of BrightNight's ability to originate, develop, and finance complex, multi-stakeholder energy infrastructure at scale.Project financing was provided by a consortium of leading banks including ING Capital LLC, Natixis Corporate & Investment Banking, and HSBC. The successful close reflects strong capital market confidence in BrightNight's disciplined development approach, integrated project design, and focus on long-term asset performance."Frontier demonstrates the strong demand for BrightNight's cost-effective power solutions for Kentucky and across the United States," said Martin Hermann, CEO of BrightNight. "This milestone reflects not only the strength of this project, but also our ability to consistently bring complex projects from concept to fully financed reality. We are proud to partner with LG&E and KU on a project that will deliver long-term value, operational excellence, and a meaningful contribution to the region's growing energy needs.""It's an exciting time in Kentucky where we're experiencing unprecedented economic growth opportunities, creating more jobs and tax incentives for the communities we're proud to serve, and powering that growth, we're proud to operate one of the most reliable generation fleets in the nation," said John R. Crockett III, President for LG&E and KU. "Our partnership with BrightNight on the Frontier project is an important step in advancing additional renewable energy resources in our generation portfolio while maintaining affordable rates and reliable service our customers expect."With financing secured, BrightNight will continue to advance Frontier through its next phase of execution, including construction mobilization and coordinated delivery across engineering, procurement, and construction to Final Completion.Frontier's design and development leveraged BrightNight's advanced optimization platform, PowerAlpha®, to deliver best-in-class power project value for LG&E and KU.With multiple projects progressing through development, financing, construction and operations across the U.S., BrightNight continues to build momentum as a leading provider of next-generation power infrastructure, delivering scalable solutions for utilities, data centers, and commercial and industrial customers.ABOUT BRIGHTNIGHTBrightNight is a next-generation power and digital infrastructure company, purpose-built to serve the evolving needs of utilities, commercial and industrial (C&I) customers.BrightNight designs, develops, and operates large-scale energy and infrastructure sites that integrate utility-scale renewables, advanced gas generation, battery energy storage, and power-optimized hubs for digital infrastructure. BrightNight's industry-leading 30 GW portfolio of best-in-class power projects is concentrated in the fastest-growing energy markets and data center hubs across the U.S.BrightNight's customer focus, industry-leading team of talent, and proprietary AI platform – PowerAlpha® – enable it to deliver best-in-class economics, performance, and uptime.To learn more, visit www.brightnightpower.comABOUT LG&E AND KULouisville Gas and Electric Company and Kentucky Utilities Company, part of the PPL Corporation (NYSE: PPL) and its companies, are regulated utilities that serve nearly 1.4 million customers and have consistently ranked among the best companies for customer service in the United States. LG&E serves 336,000 natural gas and 443,000 electric customers in Louisville and 16 surrounding counties. KU serves 581,000 customers in 77 Kentucky counties and 28,000 in five counties in Virginia. More information is available at www.lge-ku.com and www.pplweb.com.Forward Looking Statements & InformationCertain information contained in this news release constitutes forward looking information or forward looking statements (collectively, forward looking statements). All statements other than statements of historical fact are forward looking statements. Forward looking statements typically contain words such as anticipate, believe, confirms, continuous, estimate, expect, may, plan, project, should, will, offers, or similar words suggesting future outcomes, and include, without limitation, all financial projections, estimates of future costs, and projected performance or results. Forward looking statements by their nature are subject to risks, assumptions and uncertainties which may cause the actual outcomes of such events to differ from BrightNight's expectation as of the date hereof. Whether forward looking statements ultimately prove to be accurate will depend on factors outside of the control of BrightNight. Readers are encouraged to undertake their own analysis and investigation as to the reasonableness of any such forward looking statements. Forward looking statements contained in this news release are made as at the date of this news release and BrightNight disclaims any intent or obligation to update or to revise any of the included forward looking statements. View original content to download multimedia:https://www.prnewswire.com/news-releases/brightnight-announces-financial-close-for-frontier-a-120-mw-solar-project-delivering-clean-power-to-kentucky-302782086.htmlSOURCE BrightNight Original: BrightNight Announces Financial Close for Frontier, a 120 MW Solar Project Delivering Clean Power to Kentucky

PPL to Pay Quarterly Stock Dividend July 1, 2026May 13, 2026 12:28 PM
PR Newswire (US) ALLENTOWN, Pa., May 13, 2026 /PRNewswire/ -- PPL Corporation (NYSE: PPL) declared a quarterly common stock dividend on Wednesday, May 13, 2026 of $0.2850 per share, payable Jul. 1, 2026 to shareowners of record as of Jun. 10, 2026. About PPL
PPL Corporation (NYSE: PPL), headquartered in Allentown, Pennsylvania, is a leading U.S. energy company focused on providing electricity and natural gas safely, reliably and affordably to more than 3.6 million customers in the U.S. PPL's high-performing, award-winning utilities are addressing energy challenges head-on by building smarter, more resilient and more dynamic power grids and advancing sustainable energy solutions. For more information, visit www.pplweb.comNote to Editors: Visit our media website at www.pplnewsroom.com for additional news about PPL Corporation. Contacts:For news media: Ryan Hill, 610-774-4033
For financial analysts: Andy Ludwig, 610-774-3389 View original content to download multimedia:https://www.prnewswire.com/news-releases/ppl-to-pay-quarterly-stock-dividend-july-1-2026-302771258.htmlSOURCE PPL Services Corporation Original: PPL to Pay Quarterly Stock Dividend July 1, 2026

PPL Corporation delivers solid first-quarter 2026 earnings; reaffirms full-year guidance and long-term growth targetsMay 8, 2026 7:30 AM
PR Newswire (US) Announces 2026 first-quarter earnings (GAAP) of $0.60 per share.Achieves 2026 first-quarter ongoing earnings per share of $0.63 versus $0.60 in 2025.Reaffirms 2026 ongoing earnings forecast of $1.90 to $1.98 per share with a midpoint of $1.94.Reaffirms annual EPS growth target of 6% to 8% through at least 2029 with compound annual growth expected to be near top end of the target range.ALLENTOWN, Pa., May 8, 2026 /PRNewswire/ -- PPL Corporation (NYSE: PPL) today announced first-quarter 2026 reported earnings (GAAP) of $452 million, or $0.60 per share, compared with first-quarter 2025 reported earnings of $414 million, or $0.56 per share. Adjusting for special items, first-quarter 2026 earnings from ongoing operations (non-GAAP) were $478 million, or $0.63 per share, compared with $444 million, or $0.60 per share, a year ago."Our first-quarter results reflect strong financial and operational results and keep us on track to achieve our 2026 earnings guidance range," said Vincent Sorgi, PPL president and chief executive officer. "We're on pace to complete $5.1 billion in 2026 infrastructure investments to strengthen and modernize our electric and gas networks, build new generation resources in Kentucky and improve customer service while maintaining affordability for our customers."Based on the company's financial performance year to date, PPL reaffirmed its 2026 ongoing earnings forecast range of $1.90 to $1.98 per share with a midpoint of $1.94 per share.The company also reaffirmed its projection of 6% to 8% annual earnings-per-share (EPS) growth through at least 2029. The company expects to achieve compound annual growth near the top end of its targeted range through 2029 compared to 2025 actual ongoing earnings of $1.81 per share, with stronger growth beginning in 2027 and continuing through 2029.During the quarter, PPL advanced several regulatory processes across its service territories that support improved service for its customers while strengthening the company's visibility and confidence in its outlook.In Pennsylvania, PPL Electric Utilities reached a settlement agreement with the majority of the intervening parties in its base rate case proceeding, the company's first base rate case filing in over 10 years. The settlement includes various customer affordability enhancements, including protections under a new large-load customer rate class and electric service tariff, other modifications to low-income customer programs, and an agreement not to file a base rate case for at least two years from the effective date of the rate increases. The Administrative Law Judges assigned to the case recommended approval of the settlement without modification. The company expects a decision by the Pennsylvania Public Utility Commission by the end of the second quarter of 2026, with new rates effective July 1, 2026.Rhode Island Energy received approval for its latest annual electric and gas infrastructure, safety and reliability plans, supporting over $330 million of critical investment needs in the state. Rhode Island Energy also submitted a new proposal to satisfy the hold-harmless commitment with the Rhode Island Public Utilities Commission (RIPUC) that would provide meaningful bill credits to customers starting in the first quarter of 2027. The hold-harmless filing will be reviewed by the RIPUC in connection with the company's pending base rate case proceeding. The proposal addresses and accelerates PPL's deferred tax hold-harmless commitment arising from the acquisition of Rhode Island Energy.Throughout the first quarter, PPL also remained focused on opportunities to support significant economic development across its service territories, including continued robust expansion in Kentucky and investment needs in Pennsylvania to support a growing data center pipeline. PPL said Louisville Gas and Electric and Kentucky Utilities continue to make excellent progress on all new generation projects, which include over 1,900 megawatts (MW) of natural gas combined-cycle capacity (the first 645 MW expected to be in service in 2027), 240 MW of solar and 120 MW of battery storage.PPL's joint venture with Blackstone Infrastructure also continues to gain momentum and is making significant progress as it seeks to build, own and operate generation in Pennsylvania to serve data centers under long-term energy supply services agreements. The joint venture's objectives align with the recent commitments by leading technology companies to "bring your own generation" solutions. The joint venture is advancing discussions with hyperscalers and taking action so it can move quickly once any energy supply services agreements are signed. This includes engaging in strategic discussions with key gas pipeline companies, executing multiple reservation agreements for gas turbines, submitting requests for multiple potential generation projects into PJM's interconnection queue for certain land sites currently under control and evaluating additional strategic land parcels for further generation development. PPL's business plan does not include any earnings contributions or capital investments related to the joint venture.First-Quarter 2026 Earnings DetailsAs discussed in this news release, reported earnings are calculated in accordance with U.S. Generally Accepted Accounting Principles (GAAP). "Earnings from ongoing operations" is a non-GAAP financial measure that is adjusted for special items. See the tables at the end of this news release for a reconciliation of reported earnings (net income) to earnings from ongoing operations, including an itemization of special items.(Dollars in millions, except for per share amounts)1st Quarter
2026
2025
ChangeReported earnings$      452
$      414
9 %Reported earnings per share$     0.60
$     0.56
7 %






1st Quarter
2026
2025
ChangeEarnings from ongoing operations$      478
$      444
8 %Earnings from ongoing operations per share$     0.63
$     0.60
5 % First-Quarter 2026 Earnings by Segment

1st QuarterPer share2026
2025Reported earnings


Kentucky Regulated$            0.35
$          0.30Pennsylvania Regulated0.25
0.25Rhode Island Regulated0.05
0.10Corporate and Other(0.05)
(0.09)    Total$            0.60
$          0.56




1st Quarter
2026
2025Special items (expense) benefit


Kentucky Regulated$            0.02
$             —Pennsylvania Regulated—
—Rhode Island Regulated(0.05)
—Corporate and Other—
(0.04)Total$           (0.03)
$         (0.04)




1st Quarter
2026
2025Earnings from ongoing operations


Kentucky Regulated$            0.33
$          0.30Pennsylvania Regulated0.25
0.25Rhode Island Regulated0.10
0.10Corporate and Other(0.05)
(0.05)    Total$            0.63
$          0.60Key Factors Impacting EarningsIn addition to the segment drivers outlined below, PPL's reported earnings in the first quarter of 2026 included net special-item after-tax charges of $26 million, or $0.03 per share, primarily attributable to prior-year impacts associated with an ISO New England transmission return on equity reduction and system integration impacts, partially offset by regulatory asset treatment of costs associated with PPL's IT transformation in Kentucky. Reported earnings in the first quarter of 2025 included net special-item after-tax charges of $30 million, or $0.04 per share, primarily attributable to PPL's IT transformation, a Rhode Island Energy settlement related to an energy efficiency program matter that occurred prior to PPL's ownership of the company, and integration and related expenses associated with the acquisition of Rhode Island Energy.Kentucky Regulated Segment
PPL's Kentucky Regulated segment primarily consists of the regulated electricity and natural gas operations of Louisville Gas and Electric Company and the regulated electricity operations of Kentucky Utilities Company.Reported earnings in the first quarter of 2026 increased by $0.05 per share compared with a year ago. Earnings from ongoing operations in the first quarter of 2026 increased by $0.03 per share compared with a year ago. Factors driving earnings results primarily included higher income due to higher retail rates effective January 1, 2026, partially offset by lower sales volumes, higher operating costs, higher depreciation expense and higher interest expense.Pennsylvania Regulated Segment
PPL's Pennsylvania Regulated segment consists of the regulated electricity delivery operations of PPL Electric Utilities.Reported earnings and earnings from ongoing operations in the first quarter of 2026 were even  compared with a year ago. Factors driving earnings results primarily included higher transmission revenue from additional capital investments, offset by higher operating costs, higher depreciation expense and higher interest expense.Rhode Island Regulated Segment
PPL's Rhode Island Regulated segment consists of the regulated electricity and natural gas operations of Rhode Island Energy.Reported earnings in the first quarter of 2026 decreased by $0.05 per share compared with a year ago. Earnings from ongoing operations in the first quarter of 2026 were even compared with a year ago. Factors driving earnings results primarily included higher rider revenue, offset by higher depreciation expense.Corporate and Other
PPL's Corporate and Other category primarily includes financing costs incurred at the corporate level, certain non-recoverable costs prior to 2026 resulting from commitments made to the Rhode Island Division of Public Utilities and Carriers and the Rhode Island Attorney General's Office in conjunction with the acquisition of Rhode Island Energy, and certain other unallocated costs.  Reported earnings in the first quarter of 2026 increased by $0.04 per share compared with a year ago. Earnings from ongoing operations in the first quarter of 2026 were even compared with a year ago. Factors driving earnings results included higher interest expense, offset by factors that were not individually significant.2026 Earnings ForecastPPL's 2026 earnings from ongoing operations forecast range is $1.90 to $1.98 per share, with a midpoint of $1.94 per share.Earnings from ongoing operations is a non-GAAP measure that could differ from reported earnings due to special items that are, in management's view, non-recurring or otherwise not reflective of the company's ongoing operations. PPL management is not able to forecast whether any of these factors will occur or whether any amounts will be reported for future periods. Therefore, PPL is not able to provide an equivalent GAAP measure for earnings guidance.See the table at the end of this news release for a complete reconciliation of the earnings forecast.About PPL
PPL Corporation (NYSE: PPL), headquartered in Allentown, Pennsylvania, is a leading U.S. energy company focused on providing electricity and natural gas safely, reliably and affordably to more than 3.6 million customers in the U.S. PPL's high-performing, award-winning utilities are addressing energy challenges head-on by building smarter, more resilient and more dynamic power grids and advancing sustainable energy solutions. For more information, visit www.pplweb.com.(Note: All references to earnings per share in the text and tables of this news release are stated in terms of diluted earnings per share unless otherwise noted.)Conference Call and WebcastPPL invites interested parties to listen to a live internet webcast of management's teleconference with financial analysts about first-quarter 2026 financial results at 11 a.m. Eastern time on Friday, May 8. The call will be webcast live, in audio format, together with slides of the presentation. For those who are unable to listen to the live webcast, a replay with slides will be accessible at www.pplweb.com/investors for 90 days after the call. Interested individuals can access the live conference call by telephone at 1-844-512-2926. International participants should call 1-412-317-6300. Participants will need to enter the following "Elite Entry" number to join the conference: 5534427. Callers can access the webcast link at www.pplweb.com/investors under "Events."Management utilizes "Earnings from Ongoing Operations" or "Ongoing Earnings" as a non-GAAP financial measure that should not be considered as an alternative to reported earnings, or net income, an indicator of operating performance determined in accordance with GAAP. PPL believes that Earnings from Ongoing Operations is useful and meaningful to investors because it provides management's view of PPL's earnings performance as another criterion in making investment decisions. In addition, PPL's management uses Earnings from Ongoing Operations in measuring achievement of certain corporate performance goals, including targets for certain executive incentive compensation. Other companies may use different measures to present financial performance.Earnings from Ongoing Operations is adjusted for the impact of special items. Special items are presented in the financial tables on an after-tax basis with the related income taxes on special items separately disclosed. Income taxes on special items, when applicable, are calculated based on the statutory tax rate of the entity where the activity is recorded. Special items may include items such as:Gains and losses on sales of assets not in the ordinary course of business.Impairment charges.Significant workforce reduction and other restructuring effects.Acquisition and divestiture-related adjustments.Other charges or credits that are, in management's view, non-recurring or otherwise not reflective of the company's ongoing operations.Statements contained in this news release, including statements with respect to future earnings, cash flows, dividends, financing, regulation and corporate strategy, are "forward-looking statements" within the meaning of the federal securities laws. Although PPL Corporation believes that the expectations and assumptions reflected in these forward-looking statements are reasonable, these statements are subject to a number of risks and uncertainties, and actual results may differ materially from the results discussed in the statements. The following are among the important factors that could cause actual results to differ materially from the forward-looking statements: weather conditions affecting customer energy usage and operating costs; strategic acquisitions, dispositions, joint ventures or similar transactions and our ability to consummate these business transactions, integrate the acquired entities or realize expected benefits from them; the outcome of rate cases or other cost recovery, revenue or regulatory proceedings; war, armed conflicts, terrorist attacks or similar disruptive events including ongoing conflicts in Ukraine and the Middle East; pandemic health events or other catastrophic events and their effect on financial markets, economic conditions and our businesses; market demand for energy in our service territories; volatility in or the impact of other changes on financial markets, commodity prices and economic conditions, including inflation; the effect of any business or industry restructuring; the profitability and liquidity of PPL Corporation and its subsidiaries; new accounting requirements or new interpretations or applications of existing requirements; operating performance of our facilities; the length of scheduled and unscheduled outages at our generating plants; environmental conditions and requirements and the related costs of compliance; system conditions and operating costs; development of new projects, markets and technologies; performance of new ventures; any impact of severe weather on our business; receipt of necessary government permits, approvals, rate relief and regulatory cost recovery; capital market conditions and decisions regarding capital structure; the impact of state, federal or foreign investigations applicable to PPL Corporation and its subsidiaries; the outcome of litigation against PPL Corporation and its subsidiaries; PPL Corporation's stock price performance; the market prices of equity securities and the impact on pension income and resultant cash funding requirements for defined benefit pension plans; the securities and credit ratings of PPL Corporation and its subsidiaries; political, regulatory or economic conditions in jurisdictions where PPL Corporation or its subsidiaries conduct business, including any potential effects of threatened or actual cyberattack, terrorism or war or other hostilities; new state, federal or foreign legislation, including new tax legislation; and the commitments and liabilities of PPL Corporation and its subsidiaries. Any such forward-looking statements should be considered in light of such important factors and in conjunction with factors and other matters discussed in PPL Corporation's Form 10-K and other reports on file with the Securities and Exchange Commission.Note to Editors: Visit our media website at www.pplnewsroom.com for additional news and background about PPL Corporation.PPL CORPORATION AND SUBSIDIARIESCONDENSED CONSOLIDATED FINANCIAL INFORMATION(1)Condensed Consolidated Balance Sheets (Unaudited)(Millions of Dollars)




March 31,
December 31,
2026
2025Assets


Cash and cash equivalents$          1,241
$          1,071Accounts receivable1,423
1,225Unbilled revenues413
558Fuel, materials and supplies536
551Regulatory assets375
308Other current assets333
218Property, Plant and Equipment


Regulated utility plant43,480
42,953Less: Accumulated depreciation - regulated utility plant10,493
10,303  Regulated utility plant, net32,987
32,650Non-regulated property, plant and equipment91
71Less: Accumulated depreciation - non-regulated property, plant and equipment29
26  Non-regulated property, plant and equipment, net62
45Construction work in progress3,688
3,437Property, Plant and Equipment, net36,737
36,132Noncurrent regulatory assets2,100
2,092Goodwill and other intangibles2,573
2,574Other noncurrent assets573
515Total Assets$        46,304
$        45,244



Liabilities and Equity


Short-term debt$             220
$             456Long-term debt due within one year994
904Accounts payable1,403
1,559Other current liabilities1,690
1,627Long-term debt19,024
17,990Deferred income taxes and investment tax credits3,731
3,615Accrued pension obligations272
281Asset retirement obligations112
133Noncurrent regulatory liabilities3,283
3,318Other deferred credits and noncurrent liabilities556
480Common stock and additional paid-in capital12,324
12,451Treasury stock(548)
(575)Earnings reinvested3,443
3,207Accumulated other comprehensive loss(200)
(202)Total Liabilities and Equity$        46,304
$        45,244

(1)The Financial Statements in this news release have been condensed and summarized for purposes of this presentation. Please refer to PPL Corporation's periodic filings with the Securities and Exchange Commission for full financial statements, including note disclosure.  PPL CORPORATION AND SUBSIDIARIES Condensed Consolidated Statements of Income (Unaudited)(Millions of Dollars, except share data)




Three Months Ended
March 31,

2026
2025Operating Revenues
$     2,774
$     2,504




Operating Expenses



Operation



  Fuel
274
234  Energy purchases
703
559  Other operation and maintenance
579
598Depreciation
351
322Taxes, other than income
122
113Total Operating Expenses
2,029
1,826




Operating Income
745
678




Other Income (Expense) - net
39
28




Interest Expense
224
190




Income Before Income Taxes
560
516




Income Taxes
108
102




Net Income
$        452
$        414




Earnings Per Share of Common Stock:



Net Income Available to PPL Common Shareowners



Basic and Diluted
$       0.60
$       0.56




Weighted-Average Shares of Common Stock Outstanding (in thousands)



Basic
751,764
738,691Diluted
757,158
741,400  PPL CORPORATION AND SUBSIDIARIES Condensed Consolidated Statements of Cash Flows (Unaudited)(Millions of Dollars)

Three Months Ended
March 31,
2026
2025Cash Flows from Operating Activities


Net income$         452
$        414Adjustments to reconcile net income to net cash provided by operating activities


  Depreciation351
322  Amortization38
20  Defined benefit plans - income(2)
(16)  Deferred income taxes and investment tax credits94
38  Equity component of AFUDC(24)
(16)  Other1
29Change in current assets and current liabilities


  Accounts receivable(221)
(277)  Accounts payable(56)
(120)  Unbilled revenues145
108  Fuel, materials and supplies19
37  Prepayments(84)
(87)  Taxes payable(48)
40  Regulatory assets and liabilities, net(54)
79  Accrued interest49
67  Other(31)
(80)Other operating activities


  Defined benefit plans - funding(5)
(5)  Other(67)
(40)  Net cash provided by operating activities557
513



Cash Flows from Investing Activities


Expenditures for property, plant and equipment(1,058)
(793)Other investing activities12
10Net cash used in investing activities(1,046)
(783)



Cash Flows from Financing Activities


Issuance of long-term debt1,150
—Retirement of long-term debt(18)
—Payment of common stock dividends(202)
(190)Net increase (decrease) in short-term debt(236)
475Debt issuance costs(27)
(5)Other financing activities(13)
(9)Net cash provided by financing activities654
271



Net Increase in Cash, Cash Equivalents and Restricted Cash165
1Cash, Cash Equivalents and Restricted Cash at Beginning of Period1,086
339Cash, Cash Equivalents and Restricted Cash at End of Period$      1,251
$        340



Supplemental Disclosures of Cash Flow Information


Significant non-cash transactions:


Accrued expenditures for property, plant and equipment at March 31,$         560
$        397 Operating - Electricity Sales (Unaudited)(1)






Three Months Ended
March 31,






Percent(GWh)2026
2025
Change





PA Regulated Segment




Retail Delivered10,315
10,144
1.7 %





KY Regulated Segment




Retail Delivered7,645
7,803
(2.0) %Wholesale(2)308
439
(29.8) %  Total7,953
8,242
(3.5) %





Total18,268
18,386
(0.6) %

(1)Excludes the Rhode Island Regulated segment electricity sales as revenues are decoupled from volumes delivered.(2)Represents FERC-regulated municipal and unregulated off-system sales. Reconciliation of Segment Reported Earnings to Earnings from Ongoing Operations(After-Tax)(Unaudited)









Year-to-Date March 31, 2026(millions of dollars)
 KY
 PA
RI
 Corp.


 Reg.
 Reg.
Reg.
 & Other
 TotalReported Earnings(1)$       270
$       184
$        36
$       (38)
$       452Less: Special Items (expense) benefit:








    IT transformation, net of tax of ($4), $1, $1, $1(2)16
(2)
(2)
(3)
9    Customer system integration impacts, net of tax of $2(3) —
—
(7)
—
(7)  ISO-NE transmission rates ROE reduction, net of tax of $5(4)—
—
(19)
—
(19)  Meter system integration impacts, net of tax of $2(5)—
—
(9)
—
(9)Total Special Items16
(2)
(37)
(3)
(26)Earnings from Ongoing Operations$       254
$       186
$        73
$       (35)
$       478




















(per share - diluted)
 KY
 PA
RI
 Corp.


 Reg.
 Reg.
Reg.
 & Other
 TotalReported Earnings(1)$      0.35
$      0.25
$      0.05
$     (0.05)
$      0.60Less: Special Items (expense) benefit:








    IT transformation(2)0.02
—
—
—
0.02    Customer system integration impacts(3)—
—
(0.01)
—
(0.01)    ISO-NE transmission rates ROE reduction(4)—
—
(0.03)
—
(0.03)    Meter system integration impacts(5)—
—
(0.01)
—
(0.01)Total Special Items0.02
—
(0.05)
—
(0.03)Earnings from Ongoing Operations$      0.33
$      0.25
$      0.10
$     (0.05)
$      0.63

(1)Reported Earnings represents Net Income.(2)Costs associated with PPL's restructuring and rebuilding of its IT infrastructure, organization and systems. KY Reg. received regulatory asset treatment for 2025 costs.(3)Certain collection process costs incurred due to the timing and implementation of the customer system integration.(4)Prior period impact of an ISO New England transmission rates return on equity reduction.(5)Prior period impact of a meter data system integration post transition services agreement. Reconciliation of Segment Reported Earnings to Earnings from Ongoing Operations(After-Tax)(Unaudited)









Year-to-Date March 31, 2025(millions of dollars)
 KY
 PA
RI
 Corp.


 Reg.
 Reg.
Reg.
 & Other
 TotalReported Earnings(1)$       223
$       184
$       70
$       (63)
$       414Less: Special Items (expense) benefit:








    Talen litigation costs, net of tax of $0(2)—
—
—
(1)
(1)    Acquisition integration, net of tax of ($2), $4(3)—
—
7
(14)
(7)    IT transformation, net of tax of $1, $0, $3(4)(1)
—
(1)
(10)
(12)    Energy efficiency programs settlement, net of tax of $0(5)—
—
(8)
—
(8)    Office relocation and related costs, net of tax of $0, $1(6) (1)
(1)
—
—
(2)Total Special Items(2)
(1)
(2)
(25)
(30)Earnings from Ongoing Operations$       225
$       185
$       72
$       (38)
$       444




















(per share - diluted)
 KY
 PA
RI
 Corp.


 Reg.
 Reg.
Reg.
 & Other
 TotalReported Earnings(1)$      0.30
$      0.25
$     0.10
$     (0.09)
$      0.56Less: Special Items (expense) benefit:








    Acquisition integration(3)—
—
0.01
(0.02)
(0.01)    IT transformation(4)—
—
—
(0.02)
(0.02)    Energy efficiency programs settlement(5)—
—
(0.01)
—
(0.01)Total Special Items —
—
—
(0.04)
(0.04)Earnings from Ongoing Operations$      0.30
$      0.25
$     0.10
$     (0.05)
$      0.60

(1)Reported Earnings represents Net Income.(2)PPL incurred legal expenses related to litigation associated with its former affiliate.(3)Primarily integration and related costs associated with the acquisition of Rhode Island Energy.(4)Costs associated with PPL's restructuring and rebuilding of its IT infrastructure, organization and systems.(5)Costs associated with a settlement agreement regarding energy efficiency programs prior to PPL's acquisition of Rhode Island Energy.(6)Certain costs related to the relocation of corporate offices. Reconciliation of PPL's Earnings Forecast
After-Tax (Unaudited)




(per share - diluted)











2026 Forecast Range
Midpoint
High
LowEstimate of Reported Earnings$    1.91
$    1.95
$    1.87Less: Special Items (expense) benefit:(1)




    IT transformation(2)0.02
0.02
0.02    Customer system integration impacts(3)(0.01)
(0.01)
(0.01)    ISO-NE transmission rates ROE reduction(4)(0.03)
(0.03)
(0.03)    Meter system integration impacts(5)(0.01)
(0.01)
(0.01)Total Special Items(0.03)
(0.03)
(0.03)Forecast of Earnings from Ongoing Operations$    1.94
$    1.98
$    1.90

(1)Reflects only special items recorded through March 31, 2026. PPL is not able to forecast special items for future periods.(2)Costs associated with PPL's restructuring and rebuilding of its IT infrastructure, organization and systems. KY Reg. received regulatory asset treatment for 2025 costs.(3)Certain collection process costs incurred due to the timing and implementation of the customer system integration.(4)Prior period impact of an ISO New England transmission rates return on equity reduction.(5)Prior period impact of a meter data system integration post transition services agreement. Contacts:For news media: Ryan Hill, 610-774-4033
For financial analysts: Andy Ludwig, 610-774-3389  View original content to download multimedia:https://www.prnewswire.com/news-releases/ppl-corporation-delivers-solid-first-quarter-2026-earnings-reaffirms-fullyear-guidance-and-longterm-growth-targets-302766584.htmlSOURCE PPL Services Corporation Original: PPL Corporation delivers solid first-quarter 2026 earnings; reaffirms full-year guidance and long-term growth targets

LG&E and KU collaborate with X-energy to explore nuclear energyApril 30, 2026 4:48 PM
PR Newswire (US)

Collaboration focuses on feasibility to add small nuclear reactors in Kentucky LOUISVILLE, Ky. and ROCKVILLE, Md., April 30, 2026 /PRNewswire/ -- Louisville Gas and Electric Company ("LG&E") and Kentucky Utilities ("KU") Company, subsidiaries of PPL Corporation (NYSE:PPL), and X-energy, Inc. (NASDAQ: XE) ("X-energy"), a leading designer of advanced nuclear reactor technology and manufacturer of advanced nuclear fuels, are collaborating to explore deploying X-energy's Xe-100 small modular reactor (SMR) in Kentucky to meet growing energy demand across the Commonwealth with long-term, reliable, clean energy. The companies have begun early project feasibility activities and will explore opportunities for SMR deployments to support long-term grid reliability across the Commonwealth, and large load customers, including data centers.







This collaboration follows recent significant interest in nuclear energy in the Bluegrass State as a reliable option for baseload power generation, designed to be available at any time and in all conditions. In 2024, the Commonwealth formed the Kentucky Nuclear Energy Development Authority, a non-regulatory agency seeking to support the nuclear energy ecosystem in Kentucky, and the Kentucky Public Service Commission opened a case in 2025 to investigate nuclear energy, including how Kentucky would regulate nuclear development.In April of this year, Governor Andy Beshear signed into law the Nuclear Reactor Site Readiness Pilot Program passed by the General Assembly, which includes a $75-million grant initiative to support nuclear site feasibility studies, applications for early site and construction permitting, and licensing. Three projects will be selected to receive up to $25 million each. In addition, this legislation allows a regulated utility to apply to the Public Service Commission for the recovery of costs, which are not covered in the existing rates of the utility, that have been incurred in applying for such permitting and licensing for sites in the Commonwealth.    "We appreciate Governor Beshear, the General Assembly and the Kentucky Public Service Commission prioritizing nuclear energy in the Commonwealth to help ensure we maintain and build upon our strong competitive energy advantage with reliable and affordable power," said John R. Crockett III, President for LG&E and KU. "On the heels of the Nuclear Reactor Site Readiness Pilot Program being signed into law this month, we're proud to work with X-energy to explore bringing nuclear energy to Kentucky to support the significant pipeline of new projects in our service territories where large load customers can support the cost structure. We have an all-of-the-above approach to our power generation fleet that's among the most reliable in the nation. This collaboration will explore whether nuclear energy fits into our long-term plans.  The X-energy Xe-100 reactor is one of the Gen 4 nuclear SMRs being developed in the U.S. today and is one of the safest nuclear designs on the market today. We look forward to working with X-energy and hyperscalers on this effort and the prospect of participating in the new pilot program." J. Clay Sell, Chief Executive Officer of X-energy, said, "Kentucky's energy leadership and skilled workforce create a strong foundation for evaluating advanced nuclear deployment. This collaboration allows us to explore how the Xe-100 can support the Commonwealth's growing electricity demands while strengthening grid reliability and creating economic opportunity across the region."About X-energy's SMR TechnologySmall modular reactors are advanced nuclear energy systems designed to generate clean, safe, reliable energy through a smaller, more flexible design than traditional nuclear plants. SMRs can be factory-built, and assembled on-site to simplify construction, and are designed with intrinsic safety characteristics that enable greater siting flexibility as compared to large light-water reactors.X-energy's Xe-100 SMR is an 80 MWe high-temperature gas-cooled reactor that can be deployed in either four- or twelve-unit plants depending on grid requirements: a four-unit plant delivers 320 MWe for regional utilities and large load customers, while a twelve-unit plant provides gigawatt-scale power for larger metropolitan areas and hyperscale infrastructure. Each reactor is capable of coming online independently upon completion. This allows end users to phase in capacity one unit at a time, aligning new generation with demand growth and matching power supply to real-world load expansion.X-energy is currently developing more than 11 GW of new nuclear capacity across projects in the United States and United Kingdom, including partnerships with Dow Chemical, Amazon, and Centrica.Visit lge-ku.com/investments to learn more about all the ways LG&E and KU are investing in their systems to continue powering Kentucky's economic growth momentum and provide safe, reliable and affordable service for customers.About LG&E and KU
Louisville Gas and Electric Company and Kentucky Utilities Company, part of the PPL Corporation (NYSE: PPL) and its companies, are regulated utilities that serve nearly 1.4 million customers and have consistently ranked among the best companies for customer service in the United States. LG&E serves 336,000 natural gas and 443,000 electric customers in Louisville and 16 surrounding counties. KU serves 581,000 customers in 77 Kentucky counties and 28,000 in five counties in Virginia. More information is available at www.lge-ku.com and www.pplweb.com.About X-energy
X-energy, Inc. is a leading developer of advanced small modular nuclear reactors and fuel technology for clean energy generation that is redefining the nuclear energy industry through its development of safer and more efficient advanced small modular nuclear reactors and proprietary fuel to deliver clean, safe, reliable energy that meets the demands of the modern economy. X-energy's simplified, modular, and intrinsically safe SMR design expands applications and markets for deployment of nuclear technology and drives enhanced safety, lower cost and faster construction timelines when compared with other SMRs and conventional nuclear.Forward-Looking Statements
This press release contains forward-looking statements regarding our business. These forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors. You should not rely on our forward-looking statements as predictions of future events. More information about potential risks and uncertainties that could affect our business and financial results is more fully detailed under the caption "Risk Factors" in our Form S-1 filed with the Securities and Exchange Commission, which is available on our Investor Relations website at https://investors.x-energy.com/ and on the SEC website at www.sec.gov. In addition, please note that any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of this date. We undertake no obligation to update these statements as a result of new information or future events.For more information:
Contact the LG&E and KU 24/7 media hotline at (502) 627-4999.X-energy:
Robert McEntyre, Corporate Communications
media @IRISHBULLPatricia Gil, Investor Relations
investors @hichinaride



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Original: LG&E and KU collaborate with X-energy to explore nuclear energy

Churchill Downs Racetrack, LG&E and KU Team Up Green Energy Partnership for 152nd Kentucky DerbyApril 24, 2026 11:12 AM
PR Newswire (US)

The Run for the Roses® will run on renewable energy for the fourth consecutive yearLOUISVILLE, Ky., April 24, 2026 /PRNewswire/ -- For the fourth consecutive year, the finish line is green. Churchill Downs Racetrack ("Churchill Downs") and longtime hometown partners Louisville Gas and Electric Company and Kentucky Utilities Company today announced the continuation of their Green Energy partnership for the 152nd Kentucky Derby® and the full slate of festivities leading up to Derby Day.







LG&E and KU will once again serve as the presenting sponsor of Opening Day, officially titled Opening Day powered by LG&E and KU, on Saturday, April 25. The event launches Kentucky Derby Week and reflects Churchill Downs' ongoing commitment to sustainable initiatives by offsetting energy consumption with renewable power—including the energy required to host the 152nd Run for the Roses®.Through LG&E and KU's Green Energy program, Churchill Downs will purchase Green Energy blocks supplied by the utilities. LG&E and KU will secure Renewable Energy Certificates (RECs) on the racetrack's behalf from renewable sources such as solar and wind facilities located in Kentucky and surrounding states. This approach allows Churchill Downs to match its electricity usage during Derby Week with renewable generation while continuing to support regional clean-energy development.The Green Energy blocks will be equivalent to the total energy consumed by Churchill Downs during live racing across Kentucky Derby Week, including:Opening Day powered by LG&E and KU – Saturday, April 25Sunday Funday – Sunday, April 26502'sDay – Tuesday, April 28Winsday presented by Resolute Racing – Wednesday, April 29Thurby presented by Old Forester – Thursday, April 30Longines Kentucky Oaks® – Friday, May 1Kentucky Derby® presented by Woodford Reserve – Saturday, May 2The 2026 Kentucky Derby is expected to deliver over $400 million in economic impact to the Louisville community."We're proud to power the 'Most Exciting Two Minutes in Sports' and Kentucky Derby Week, which generate tremendous economic impact for our community and Kentucky," said John R. Crockett III, LG&E and KU President. "Through this unique partnership, we're demonstrating with Churchill Downs the flexibility of our customizable renewable energy programs to help customers achieve their sustainability goals."   Churchill Downs officials emphasized that the partnership aligns with a broader, long-term approach to sustainability at the historic racetrack."Hosting an event as significant as the Kentucky Derby® comes with an obligation to lead responsibly," said Casey Ramage, senior consultant of marketing and partnerships at Churchill Downs Racetrack. "Our continued collaboration with LG&E and KU allows us to reduce our environmental footprint while delivering an unforgettable experience for fans around the world."Gates will open at 11:30 a.m. on Opening Day, with the first race scheduled for 12:45 p.m.
For more information on Kentucky Derby Week events, visit Kentuckyderby.com. To learn more about LG&E and KU's Green Energy program and sustainability initiatives, visit lge-ku.com/sustainability.About Churchill Downs RacetrackChurchill Downs Racetrack ("CDRT"), the world's most legendary racetrack, has been the home of The Kentucky Derby, the longest continually held annual sporting event in the United States, since 1875. Located in Louisville, CDRT features a series of themed race days during Derby Week, including the Kentucky Oaks, and conducts Thoroughbred horse racing during three race meets in the Spring, September, and the Fall. CDRT is located on 175 acres and has a one-mile dirt track, a 7/8-mile turf track, a stabling area, and provides seating for approximately 60,000 guests. The stable area has barns sufficient to accommodate 1,400 horses and a 114-room dormitory for backstretch personnel. CDRT also has a year-round simulcast wagering facility. www.ChurchillDowns.com.About the Kentucky DerbyThe $5 million Kentucky Derby takes place on the first Saturday in May at historic Churchill Downs in Louisville, Ky. Inaugurated in 1875, the legendary 1 ¼-mile race for 3-year-old Thoroughbreds is the longest continually held annual sporting event in the United States and the first leg of horse racing's Triple Crown series. Also known as, "The Run for the Roses®" and "The Most Exciting Two Minutes in Sports®," the Kentucky Derby is the most attended horse race in the nation. The 152nd Kentucky Derby will take place on Saturday, May 2, 2026. For more information, please visit www.KentuckyDerby.com.About LG&E and KU Louisville Gas and Electric Company and Kentucky Utilities Company, part of the PPL Corporation (NYSE: PPL) and its companies, are regulated utilities that serve nearly 1.4 million customers and have consistently ranked among the best companies for customer service in the United States. LG&E serves 336,000 natural gas and 443,000 electric customers in Louisville and 16 surrounding counties. KU serves 581,000 customers in 77 Kentucky counties and 28,000 in five counties in Virginia. More information is available at www.lge-ku.com and www.pplweb.com.For more information:
Contact the LG&E and KU 24/7 media hotline at (502) 627-4999.



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Original: Churchill Downs Racetrack, LG&E and KU Team Up Green Energy Partnership for 152nd Kentucky Derby

PPL Corporation to Conduct Webcast on First-Quarter 2026 Earnings ResultsApril 17, 2026 7:30 AM
PR Newswire (US)

ALLENTOWN, Pa., April 17, 2026 /PRNewswire/ -- PPL Corporation (NYSE:PPL) will release consolidated first-quarter 2026 earnings results on Friday, May 8.







Vincent Sorgi, PPL president and chief executive officer, and other members of PPL's executive team will discuss quarterly results and the company's general business outlook during a conference call with financial analysts that will begin at 11 a.m. Eastern Time.The call will be webcast live, in audio format, along with slides of the presentation. Interested individuals can access the webcast link at www.pplweb.com/investors under Events and Presentations or access the live conference call by telephone at 1-844-512-2926. International participants should call 1-412-317-6300. Participants will need to enter the following "Elite Entry" number to join the conference: 5534427.For those who are unable to listen to the live webcast, a replay with slides will be accessible at www.pplweb.com/investors for 90 days after the call.About PPL
PPL Corporation (NYSE: PPL), headquartered in Allentown, Pennsylvania, is a leading U.S. energy company focused on providing electricity and natural gas safely, reliably and affordably to more than 3.6 million customers in the U.S. PPL's high-performing, award-winning utilities are addressing energy challenges head-on by building smarter, more resilient and more dynamic power grids and advancing sustainable energy solutions. For more information, visit www.pplweb.com.Note to Editors: Visit our media website at www.pplnewsroom.com for additional news and background about PPL Corporation. Contacts:For news media: Ryan Hill, 610-774-4033
For financial analysts: Andy Ludwig, 610-774-3389  



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Original: PPL Corporation to Conduct Webcast on First-Quarter 2026 Earnings Results

PPL Electric Utilities reaches settlement in first distribution rate increase since 2016March 13, 2026 11:57 AM
PR Newswire (US)

If approved by the PUC, increase would support continued enhancements in reliability and further support vulnerable customers.ALLENTOWN, Pa., March 13, 2026 /PRNewswire/ -- PPL Electric Utilities announced today that it has submitted a joint petition for non-unanimous settlement to the Pennsylvania Public Utility Commission (PUC) requesting approval for an increase in base distribution rates. This proposed adjustment aims to support ongoing investments in a safe, reliable and resilient electric system, while maintaining a strong commitment to customer affordability and service. If approved, this would mark the company's first base distribution rate increase since 2016.







Parties to the settlement include a large and diverse group of stakeholders, including low-income, residential and business consumer advocates. Only two parties raised limited objections, which are confined to certain provisions regarding large net metering customer classification.The settlement provides for an increase in the annual base distribution revenues of $275 million to strengthen system reliability, improve customer service and affordability, and support vital investments for future growth. The settlement includes important provisions to help ensure the delivery of safe, dependable electric distribution service, while fostering the economic competitiveness of the communities served by PPL Electric Utilities. Investments supported include:Delivering greater reliability and resilience for customers by replacing aging infrastructure with stronger poles and equipment, installing animal, avian and lightning guards, enhancing tree trimming and removal intended to reduce outages, and expanding advanced smart grid technologies that accelerate restoration and improve service.Enhancing support for vulnerable customers by increasing hardship fund bill credits, improving access to assistance programs, eliminating reconnection fees, streamlining return of security deposits and boosting the annual low-income weatherization budget.Supporting small businesses by mitigating cost impacts of net-metered distributed generation and providing flexible payment options.Creating a new large load customer rate class and electric service tariff with a 10-year load and financial commitment. This new rate class will provide $11 million in support for the residential low-income program, helping reduce costs for residential customers, and includes safeguards to manage increased demand from large load customers.If approved by the PUC, the settlement agreement would result in the following customer bill increases, based on estimated total bills using rates effective Jan. 1, 2026:Residential customers using 1,000 kilowatt-hours per month could see their total bill increase by about $7.42.Commercial customers using 1,000 kWh and 3 KW per month could see their total bill increase by $4.64 per month.Industrial customers using 150,000 kWh and 500 KW per month could see their total bill increase by about $382.63.As part of the settlement, PPL Electric Utilities will not increase distribution base rates for two years from the effective date of the new rates. If approved, new distribution base rates would go into effect July 1, 2026.More information
The rate review filing, including settlement, is available on PPL Electric Utilities' website at pplelectric.com/rateinfo.About PPL Electric Utilities
PPL Electric Utilities delivers safe, reliable and affordable electricity to about 1.5 million homes and businesses in eastern and central Pennsylvania. It regularly ranks among the country's best utility companies for reliability and customer satisfaction. PPL Electric Utilities is a major employer and an active supporter of the communities it serves. It is a part of the PPL Corporation (NYSE: PPL) family of companies. Visit pplelectric.com or connect on social media via Facebook, Twitter and Instagram for energy efficiency tips, bill help information, guidance on shopping for an electricity supplier, storm updates and more. Contact:For news media 610-774-5997, pplnews@pplweb.com
PPL Electric Utilities 



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Original: PPL Electric Utilities reaches settlement in first distribution rate increase since 2016

PPL Corporation announces pricing of equity units offeringFebruary 23, 2026 9:49 PM
PR Newswire (US)

ALLENTOWN, Pa., Feb. 23, 2026 /PRNewswire/ -- PPL Corporation (NYSE: PPL) today announced it has priced its public offering of 20,000,000 Equity Units. Each Equity Unit will be issued in a stated amount of $50 ($1,000,000,000 aggregate stated amount) and will initially be in the form of a Corporate Unit consisting of a contract to purchase PPL Corporation common stock in the future, a 1/40 undivided beneficial ownership interest in PPL Capital Funding Inc.'s 4.02% Remarketable Senior Notes due 2034 having a principal amount of $1,000 and a 1/40 undivided beneficial ownership interest in PPL Capital Funding Inc.'s 4.02% Remarketable Senior Notes due 2039 having a principal amount of $1,000. Each of the Remarketable Senior Notes is subject to remarketing, subject to certain conditions and during certain periods. The offering is expected to close on February 26, 2026, subject to customary closing conditions.







PPL Corporation intends to apply to list the corporate units on The New York Stock Exchange and expects trading to commence within 30 days of the date of initial issuance (subject to listing approval).Total distributions on the Corporate Units will be at the rate of 7.00% per year, consisting of interest payments on the Remarketable Senior Notes due 2034, interest payments on the Remarketable Senior Notes due 2039 and contract adjustment payments under the related stock purchase contracts. Under the purchase contracts, holders are required to purchase a variable number of shares of PPL Corporation common stock no later than February 15, 2029. The reference price for the purchase contracts is $37.2606 per share, which is approximately equal to the closing price of PPL Corporation common stock on The New York Stock Exchange on February 23, 2026. The minimum settlement rate under the purchase contracts is 1.0735 shares of PPL Corporation common stock, which is approximately equal to the $50 stated amount per Equity Unit divided by the threshold appreciation price of $46.5766 per share, which represents a premium of approximately 25.00% over the reference price. The maximum settlement rate under the purchase contracts is 1.3419 shares of PPL Corporation common stock, which is approximately equal to the $50 stated amount per Equity Unit divided by the reference price. Each of the settlement rates is subject to adjustment in certain circumstances. PPL Corporation has granted the underwriters an option to purchase within the 13-day period beginning on, and including, the initial issuance date of the Equity Units up to 3,000,000 additional Corporate Units (an additional $150,000,000 aggregate stated amount), solely for the purpose of covering over-allotments.PPL Corporation expects to use the net proceeds from this offering, which are expected to be approximately $981 million (or approximately $1,128 million if the over-allotment option is exercised in full), after deducting the underwriting discounts and commissions but before deducting estimated offering expenses, to repay short-term debt and for general corporate purposes.J.P. Morgan Securities LLC, BofA Securities, Morgan Stanley & Co. LLC and RBC Capital Markets, LLC will be joint book-running managers for the offering.The offering is being made under an effective shelf registration statement filed with the U.S. Securities and Exchange Commission. This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities law of any such jurisdiction. Any offers of the securities will be made exclusively by means of a prospectus supplement and accompanying prospectus. Copies of these documents may be obtained from J.P. Morgan Securities LLC, Attention: c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or email: prospectus-eq_fi@jpmchase.com and postsalemanualrequests @shazaam-02-25, 201 North Tryon Street, Charlotte, NC 28255-0001 Attn: Prospectus Department, or by email at dg.prospectus_requests@bofa.com; Morgan Stanley Prospectus Department at Morgan Stanley & Co. LLC, Attn: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014, by telephone at (866) 718-1649 or by email at prospectus@morganstanley.com; or RBC Capital Markets, LLC, Attn: Equity Capital Markets, 200 Vesey Street, 8th floor, New York, New York 10281, by telephone at 877-822-4089 or by email at equityprospectus@rbccm.com.About PPL
PPL Corporation (NYSE: PPL), based in Allentown, Pennsylvania, is a leading U.S. energy company focused on providing electricity and natural gas safely, reliably and affordably to more than 3.6 million customers in the U.S. PPL's high-performing, award-winning utilities are addressing energy challenges head-on by building smarter, more resilient and more dynamic power grids and advancing sustainable energy solutions.Cautionary Statement Concerning Forward-Looking StatementsStatements contained in this news release, including without limitation terms and phrases that include "anticipate," "believe," "intend," "estimate," "expect," "continue," "should," "could," "may," "plan," "project," "predict," "will," "potential," "forecast," "target," "guidance," "outlook," or other similar terminology, are "forward-looking statements" within the meaning of the federal securities laws. Although PPL Corporation believes that the expectations and assumptions reflected in these forward-looking statements are reasonable, these statements are subject to a number of risks and uncertainties, and actual results may differ materially from the results discussed in the statements. The following are among the important factors that could cause actual results to differ materially from the forward-looking statements: weather conditions affecting customer energy usage and operating costs; strategic acquisitions, dispositions, joint ventures or similar transactions and our ability to consummate these business transactions, integrate the acquired entities or realize expected benefits from them; the outcome of rate cases or other cost recovery, revenue or regulatory proceedings, which may address structures or mechanisms regarding data centers and other large-load customers; catastrophic events such as epidemic or pandemic health events, wildfires, earthquakes, explosions, floods, droughts, tornadoes, hurricanes and other extreme weather-related events (including events potentially caused or exacerbated by climate change) and their effect on financial markets, economic conditions and our businesses; market demand for energy in our service territories including uncertainties related to projected rapid growth in electricity demand driven primarily by data centers and other large-load customers and the related requirement for substantial new generation and transmission investment, which may create capital access, revenue recovery and customer affordability risks; the direct or indirect effects on PPL Corporation or its subsidiaries or business systems of cyber-based intrusion or the threat of cyberattacks; development, adoption and use of artificial intelligence by us, our customers and our third-party vendors; volatility in or the impact of other changes on financial markets, commodity prices and economic conditions, including inflation; the effect of any business or industry restructuring; the profitability and liquidity of PPL Corporation and its subsidiaries; new accounting requirements or new interpretations or applications of existing requirements; operating performance of our facilities; the length of scheduled and unscheduled outages at our generating plants; environmental conditions and requirements and the related costs of compliance; system conditions and operating costs; development of new projects, markets and technologies; performance of new ventures; any impact of severe weather on our business; receipt of necessary government permits, approvals, rate relief and regulatory cost recovery; capital market conditions and decisions regarding capital structure; the impact of state, federal or foreign investigations applicable to PPL Corporation and its subsidiaries; the outcome of litigation against PPL Corporation and its subsidiaries; PPL Corporation's stock price performance; the market prices of equity securities and the impact on pension income and resultant cash funding requirements for defined benefit pension plans; the securities and credit ratings of PPL Corporation and its subsidiaries; political, regulatory or economic conditions in jurisdictions where PPL Corporation or its subsidiaries conduct business, including any potential effects of threatened or actual cyberattack, terrorism or war or other hostilities; new state, federal or foreign legislation, including new tax legislation; and the commitments and liabilities of PPL Corporation and its subsidiaries. Any such forward-looking statements should be considered in light of such important factors and in conjunction with factors and other matters discussed in PPL Corporation's Form 10-K and other reports on file with the Securities and Exchange Commission.Note to Editors: Visit our media website at www.pplnewsroom.com for additional news about PPL Corporation.Contacts:For news media: Ryan Hill, 610-774-4033
For financial analysts: Andy Ludwig, 610-774-3389



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Original: PPL Corporation announces pricing of equity units offering

PPL Corporation announces equity units offeringFebruary 23, 2026 6:50 AM
PR Newswire (US)

ALLENTOWN, Pa., Feb. 23, 2026 /PRNewswire/ -- PPL Corporation (NYSE: PPL) announced it plans to sell 20,000,000 equity units in a public offering. Each equity unit will be issued in a stated amount of $50 ($1,000,000,000 aggregate stated amount) and will initially be in the form of a corporate unit consisting of a contract to purchase PPL Corporation common stock in the future and two 1/40 undivided beneficial ownership interests in PPL Capital Funding, Inc.'s remarketable senior notes, each having a principal amount of $1,000. PPL Corporation expects to grant to the underwriters an option to purchase an additional 3,000,000 corporate units (an additional $150,000,000 aggregate stated amount) solely for the purpose of covering over-allotments.







PPL Corporation intends to apply to list the corporate units on The New York Stock Exchange and expects trading to commence within 30 days of the date of initial issuance (subject to listing approval).PPL Corporation intends to use the net proceeds from this offering to repay short-term debt and for general corporate purposes.J.P. Morgan Securities LLC, BofA Securities, Morgan Stanley & Co. LLC and RBC Capital Markets, LLC will be joint book-running managers for the offering.The offering will be made under an effective shelf registration statement filed with the U.S. Securities and Exchange Commission. This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities law of any such jurisdiction. Any offers of the securities will be made exclusively by means of a prospectus supplement and accompanying prospectus. Copies of these documents may be obtained from J.P. Morgan Securities LLC, Attention: c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or email: prospectus-eq_fi@jpmchase.com and postsalemanualrequests @shazaam-02-25, 201 North Tryon Street, Charlotte, NC 28255-0001 Attn: Prospectus Department, or by email at dg.prospectus_requests@bofa.com; Morgan Stanley Prospectus Department at Morgan Stanley & Co. LLC, Attn: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014, by telephone at (866) 718-1649 or by email at prospectus@morganstanley.com; or RBC Capital Markets, LLC, Attn: Equity Capital Markets, 200 Vesey Street, 8th floor, New York, New York 10281, by telephone at 877-822-4089 or by email at equityprospectus@rbccm.com.About PPL
PPL Corporation (NYSE: PPL), based in Allentown, Pennsylvania, is a leading U.S. energy company focused on providing electricity and natural gas safely, reliably and affordably to more than 3.6 million customers in the U.S. PPL's high-performing, award-winning utilities are addressing energy challenges head-on by building smarter, more resilient and more dynamic power grids and advancing sustainable energy solutions.Cautionary Statement Concerning Forward-Looking StatementsStatements contained in this news release, including without limitation terms and phrases that include "anticipate," "believe," "intend," "estimate," "expect," "continue," "should," "could," "may," "plan," "project," "predict," "will," "potential," "forecast," "target," "guidance," "outlook," or other similar terminology, are "forward-looking statements" within the meaning of the federal securities laws. Although PPL Corporation believes that the expectations and assumptions reflected in these forward-looking statements are reasonable, these statements are subject to a number of risks and uncertainties, and actual results may differ materially from the results discussed in the statements. The following are among the important factors that could cause actual results to differ materially from the forward-looking statements: weather conditions affecting customer energy usage and operating costs; strategic acquisitions, dispositions, joint ventures or similar transactions and our ability to consummate these business transactions, integrate the acquired entities or realize expected benefits from them; the outcome of rate cases or other cost recovery, revenue or regulatory proceedings, which may address structures or mechanisms regarding data centers and other large-load customers; catastrophic events such as epidemic or pandemic health events, wildfires, earthquakes, explosions, floods, droughts, tornadoes, hurricanes and other extreme weather-related events (including events potentially caused or exacerbated by climate change) and their effect on financial markets, economic conditions and our businesses; market demand for energy in our service territories including uncertainties related to projected rapid growth in electricity demand driven primarily by data centers and other large-load customers and the related requirement for substantial new generation and transmission investment, which may create capital access, revenue recovery and customer affordability risks; the direct or indirect effects on PPL Corporation or its subsidiaries or business systems of cyber-based intrusion or the threat of cyberattacks; development, adoption and use of artificial intelligence by us, our customers and our third-party vendors; volatility in or the impact of other changes on financial markets, commodity prices and economic conditions, including inflation; the effect of any business or industry restructuring; the profitability and liquidity of PPL Corporation and its subsidiaries; new accounting requirements or new interpretations or applications of existing requirements; operating performance of our facilities; the length of scheduled and unscheduled outages at our generating plants; environmental conditions and requirements and the related costs of compliance; system conditions and operating costs; development of new projects, markets and technologies; performance of new ventures; any impact of severe weather on our business; receipt of necessary government permits, approvals, rate relief and regulatory cost recovery; capital market conditions and decisions regarding capital structure; the impact of state, federal or foreign investigations applicable to PPL Corporation and its subsidiaries; the outcome of litigation against PPL Corporation and its subsidiaries; PPL Corporation's stock price performance; the market prices of equity securities and the impact on pension income and resultant cash funding requirements for defined benefit pension plans; the securities and credit ratings of PPL Corporation and its subsidiaries; political, regulatory or economic conditions in jurisdictions where PPL Corporation or its subsidiaries conduct business, including any potential effects of threatened or actual cyberattack, terrorism or war or other hostilities; new state, federal or foreign legislation, including new tax legislation; and the commitments and liabilities of PPL Corporation and its subsidiaries. Any such forward-looking statements should be considered in light of such important factors and in conjunction with factors and other matters discussed in PPL Corporation's Form 10-K and other reports on file with the Securities and Exchange Commission.
Note to Editors: Visit our media website at www.pplnewsroom.com for additional news about PPL Corporation. Contacts:For news media: Ryan Hill, 610-774-4033
For financial analysts: Andy Ludwig, 610-774-3389



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Original: PPL Corporation announces equity units offering

PPL slips nearly 4% after Q4 results meet estimates and $23B capital plan updateFebruary 20, 2026 8:30 AM
IH Market News
PPL Corp. (NYSE:PPL) reported fourth-quarter earnings that matched Wall Street expectations on Friday while outlining an expanded long-term investment strategy that carries its growth targets through 2029.Shares fell 3.87% in pre-market trading following the announcement.For the fourth quarter, earnings from ongoing operations came in at $0.41 per share, in line with analyst projections. Revenue totaled $2.27 billion, falling short of the $2.4 billion consensus estimate. On a GAAP basis, quarterly earnings were $0.36 per share.For full-year 2025, PPL posted GAAP earnings of $1.59 per share, while earnings from ongoing operations reached $1.81 per share, representing a 7.1% increase compared with 2024. The company said it delivered results at the midpoint of its 2025 guidance range.“As the energy landscape continues to transform at an unprecedented pace, PPL continues to evolve and adapt to meet challenges and embrace opportunities,” said President and CEO Vincent Sorgi. He noted that the company achieved its targeted earnings and dividend growth in 2025, completed $4.4 billion in infrastructure spending, and surpassed its annual operations and maintenance cost-saving goals.Looking ahead, PPL projected 2026 earnings between $1.90 and $1.98 per share, with a midpoint of $1.94 — implying 7.2% growth over 2025 ongoing earnings. The company also extended its annual EPS growth target of 6% to 8% through at least 2029 and increased its capital investment plan to $23 billion from 2026 through 2029. The updated plan suggests average annual rate base growth of approximately 10.3%.In addition, PPL announced a 4.6% increase in its quarterly dividend to $0.2850 per share, underscoring its focus on returning capital to shareholders while investing in grid modernization and power generation initiatives.PPL Corp stock price

Original: PPL slips nearly 4% after Q4 results meet estimates and $23B capital plan update

PPL Corporation reports 2025 earnings results; provides business plan update through 2029, extending EPS growth targetsFebruary 20, 2026 7:30 AM
PR Newswire (US)

Announces 2025 reported earnings (GAAP) of $1.59 per share.Achieves earnings from ongoing operations of $1.81 per share – 7.1% growth over 2024. Provides 2026 earnings forecast range of $1.90 to $1.98 per share; midpoint of $1.94 per share represents a 7.2% increase over 2025 ongoing earnings. Extends annual EPS growth target of 6% to 8% through at least 2029; expects EPS compound annual growth rate through 2029 to be near the top end of targeted range off of 2025 results.Updates capital plan to $23 billion of projected infrastructure investments from 2026 through 2029, resulting in average annual rate base growth of ~ 10.3% over the period.Announces increase in quarterly common stock dividend to $0.2850 per share.ALLENTOWN, Pa., Feb. 20, 2026 /PRNewswire/ -- PPL Corporation (NYSE: PPL) today announced 2025 reported earnings (GAAP) of $1.18 billion, or $1.59 per share, compared with 2024 reported earnings of $888 million, or $1.20 per share.







Adjusting for special items, 2025 earnings from ongoing operations (non-GAAP) were $1.34 billion, or $1.81 per share, compared with $1.25 billion, or $1.69 per share, a year ago.PPL's fourth-quarter 2025 reported earnings were $266 million, or $0.36 per share, compared with fourth-quarter 2024 reported earnings of $177 million, or $0.24 per share.Adjusting for special items, fourth-quarter 2025 earnings from ongoing operations were $305 million, or $0.41 per share, compared with fourth-quarter 2024 earnings from ongoing operations of $256 million, or $0.34 per share."As the energy landscape continues to transform at an unprecedented pace, PPL continues to evolve and adapt to meet challenges and embrace opportunities," said PPL President and Chief Executive Officer Vincent Sorgi. "In 2025, we achieved our targeted earnings per share and dividend growth, completed $4.4 billion in infrastructure investments to improve service to our customers and exceeded our targeted annual O&M savings to help keep energy affordable."Across PPL, we also continued to advance our strategy to create the utilities of the future – utilities that are stronger, smarter, cleaner and more efficient. In fact, despite significantly heightened storm activity in all of our service territories, our companies delivered top-quartile or near-top-quartile reliability in 2025. This performance is a direct result of investments we're making in our electricity and gas networks and Kentucky power plants," said Sorgi.As PPL invests in the future, it remains very focused on ensuring utility bills remain affordable – and not just the components of the bill the company controls. Sorgi said PPL is accomplishing this on a number of fronts. This includes enhancing low-income customer programs and continuing PPL's strong focus on operational efficiency. It includes connecting large loads to transmission networks and developing new large-load tariffs to protect and ultimately lower transmission costs for other customers. It includes supporting legislation in Pennsylvania and advancing PPL's joint venture with Blackstone Infrastructure to get new generation resources built in PJM, which should lower wholesale electricity costs to PPL Electric Utilities' customers. In addition, it includes working to negotiate a new hold-harmless settlement in Rhode Island in parallel with Rhode Island Energy's pending base rate proceeding."For every $1 of O&M we reduce, we can fund about $8 of capital investment without impacting the customer bill," said Sorgi. "By steadily building on our cost-saving efforts each year since 2021, we have achieved annual run-rate O&M savings of $170 million in 2025, putting us almost a year ahead of schedule and very close to our 2026 goal of $175 million in annual run-rate O&M reductions compared to 2021. This O&M efficiency strategy enabled our utilities to go many years without requesting a base rate increase for our customers – ten years at PPL Electric Utilities, nearly five years at Louisville Gas and Electric and Kentucky Utilities and eight years at Rhode Island Energy. Moving forward, we will continue to mitigate bill increases as much as possible while we make critical investments in electric and gas network modernization, build new generation to meet demand growth in Kentucky, and advance our joint venture with Blackstone Infrastructure to meet growing data center demand in Pennsylvania."In short, this is an exciting and crucial time in our country and industry as we work to meet the significant power demands from data centers and new manufacturing in a manner that does not increase costs to our other customers. These issues are incredibly complicated, but they are also incredibly important to solve, and at PPL, we are absolutely committed to being part of the solution," said Sorgi.2025 HighlightsIn delivering ongoing earnings of $1.81 per share, PPL achieved the midpoint of its 2025 ongoing earnings forecast, or a 7.1% increase over the midpoint of the company's original 2024 ongoing-earnings- per-share target.In completing $4.4 billion in planned capital investments, the company focused on strengthening the grid against more frequent and severe storms; speeding restoration and recovery when they occur; and advancing a safe, reliable and cleaner energy mix.In achieving cumulative, annual O&M savings of $170 million in 2025 compared to the company's 2021 baseline, the company increased efficiency primarily through continued investment in grid hardening and the deployment of smart grid technology, automation and data science.2026 Earnings Guidance and OutlookIn conjunction with today's earnings announcement, PPL provided a 2026 earnings forecast range of $1.90 to $1.98 per share. The midpoint, $1.94 per share, represents a 7.2% increase over the company's 2025 actual ongoing earnings results of $1.81 per share.PPL also extended its 6% to 8% annual EPS growth target through 2029. The company expects to achieve compound annual growth near the top end of its targeted range through at least 2029 off of 2025 actual ongoing earnings of $1.81 per share, with stronger growth beginning in 2027 and continuing through 2029.In addition, the company updated its capital investment plan to $23 billion from 2026 through 2029, compared to the prior plan of $20 billion from 2025 to 2028. These investments are expected to result in approximately 10.3% average annual rate base growth through 2029. The company is targeting approximately $5.1 billion in infrastructure investments in 2026, including investments to construct generation in Kentucky, expand transmission networks to support new data centers, and further improve transmission and distribution safety and reliability in both the electricity and natural gas businesses across all of its service territories.PPL's updated plan does not include earnings contributions or capital investments from the company's joint venture with Blackstone Infrastructure. Depending on the timing of signed energy services agreements and the generation mix selected by these hyperscalers, the joint venture could potentially deliver earnings to PPL in the back end of the plan period, with such earnings being upside to the updated plan announced today.To support the significant capital needs over the updated business plan, PPL projects approximately $3 billion of equity needs from 2026 through 2029. Approximately $1 billion of these needs have already been executed through forward sales agreements during 2025, with the remaining $2 billion to be addressed over the plan period. The company continues to project a Funds from Operations (FFO)/Cash Flow from Operations (CFO) to debt ratio of 16% to 18% throughout its updated plan period. Lastly, PPL announced a 4.6% increase in its quarterly common stock dividend, raising the dividend from $0.2725 per share to $0.2850 per share. As part of its updated business plan and increased capital investment program, the company now targets annual dividend growth of 4% to 6% to support reinvestment while continuing to deliver top-tier shareowner returns. The increased dividend will be payable April 1, 2026, to shareowners of record as of March 10, 2026.Fourth-Quarter and Full-Year Earnings DetailsAs discussed in this news release, reported earnings are calculated in accordance with U.S. Generally Accepted Accounting Principles (GAAP). "Earnings from ongoing operations? is a non-GAAP financial measure that is adjusted for special items. See the tables at the end of this news release for a reconciliation of reported earnings to earnings from ongoing operations, including an itemization of special items.(Dollars in millions, except for per share
amounts)4th Quarter
Year
2025
2024
Change
2025
2024
ChangeReported earnings$       266
$       177
50 %
$    1,181
$       888
33 %Reported earnings per share$      0.36
$      0.24
50 %
$      1.59
$      1.20
33 %












4th Quarter
Year
2025
2024
Change
2025
2024
ChangeEarnings from ongoing operations$       305
$       256
19 %
$    1,344
$    1,250
8 %Earnings from ongoing operations per share$      0.41
$      0.34
21 %
$      1.81
$      1.69
7 % Fourth-Quarter and Full-Year Earnings by Segment

4th Quarter
YearPer share2025
2024
2025
2024Reported earnings






Kentucky Regulated$         0.18
$         0.17
$         0.91
$         0.83Pennsylvania Regulated0.21
0.18
0.86
0.78Rhode Island Regulated0.01
0.02
0.11
0.15Corporate and Other(0.04)
(0.13)
(0.29)
(0.56)    Total$         0.36
$         0.24
$         1.59
$         1.20

4th Quarter
Year
2025
2024
2025
2024Special items (expense) benefit






Kentucky Regulated$        (0.01)
$            —
$        (0.02)
$        (0.01)Pennsylvania Regulated—
(0.02)
—
(0.04)Rhode Island Regulated(0.02)
—
(0.08)
(0.06)Corporate and Other(0.02)
(0.08)
(0.12)
(0.38)    Total$        (0.05)
$        (0.10)
$        (0.22)
$        (0.49)

4th Quarter
Year
2025
2024
2025
2024Earnings from ongoing operations






Kentucky Regulated$         0.19
$         0.17
$         0.93
$         0.84Pennsylvania Regulated0.21
0.20
0.86
0.82Rhode Island Regulated0.03
0.02
0.19
0.21Corporate and Other(0.02)
(0.05)
(0.17)
(0.18)    Total$         0.41
$         0.34
$         1.81
$         1.69Key Factors Impacting EarningsIn addition to the segment drivers outlined below, PPL's reported earnings in 2025 included net special-item after-tax charges of $163 million, or $0.22 per share, primarily attributable to integration-related expenses associated with the acquisition of Rhode Island Energy and PPL's IT transformation. Reported earnings in 2024 included net special-item after-tax charges of $362 million or $0.49 per share, primarily attributable to integration-related expenses associated with the acquisition of Rhode Island Energy.PPL's reported earnings for the fourth quarter of 2025 included special-item after-tax charges of $39 million, or $0.05 per share. Reported earnings for the fourth quarter of 2024 included special-item after-tax charges of $79 million, or $0.10 per share. In both instances, special items were primarily attributable to integration-related expenses associated with the acquisition of Rhode Island Energy and PPL's IT transformation.Kentucky Regulated Segment
PPL's Kentucky Regulated segment primarily consists of the regulated electricity and natural gas operations of Louisville Gas and Electric Company and the regulated electricity operations of Kentucky Utilities Company.Reported earnings in 2025 increased by $0.08 per share compared with a year ago. Earnings from ongoing operations in 2025 increased by $0.09 per share compared with a year ago. Factors driving earnings results primarily included higher sales volumes, largely due to weather; higher earnings from additional capital investments and lower operating costs, partially offset by higher interest expense.Reported earnings in the fourth quarter of 2025 increased by $0.01 per share compared with a year ago. Earnings from ongoing operations in the fourth quarter of 2025 increased by $0.02 per share compared with a year ago. Factors driving earnings results primarily included higher sales volumes, largely due to weather; and higher earnings from additional capital investments, partially offset by higher interest expense.Pennsylvania Regulated Segment
PPL's Pennsylvania Regulated segment consists of the regulated electricity delivery operations of PPL Electric Utilities.Reported earnings in 2025 increased by $0.08 per share compared with a year ago. Earnings from ongoing operations in 2025 increased by $0.04 per share compared with a year ago. Factors driving earnings results primarily included higher transmission revenue from additional capital investments, higher distribution regulatory rider recovery, higher sales volumes and lower operating costs, partially offset by higher interest expense and other factors.Reported earnings in the fourth quarter of 2025 increased by $0.03 per share compared with a year ago. Earnings from ongoing operations in the fourth quarter of 2025 increased by $0.01 per share compared with a year ago. Factors driving earnings results primarily included higher transmission revenue from additional capital investments, higher distribution regulatory rider recovery and lower operating costs, partially offset by higher interest expense and other factors.Rhode Island Regulated Segment
PPL's Rhode Island Regulated segment consists of the regulated electricity and natural gas operations of Rhode Island Energy.Reported earnings in 2025 decreased by $0.04 per share compared with a year ago. Earnings from ongoing operations in 2025 decreased by $0.02 per share compared to a year ago. Factors driving earnings results primarily included higher operating costs and other factors, partially offset by higher distribution revenue from capital investments.Reported earnings in the fourth quarter of 2025 decreased by $0.01 per share compared with a year ago. Earnings from ongoing operations in the fourth quarter of 2025 increased by $0.01 per share compared with a year ago. Factors driving earnings results primarily included higher distribution revenue.Corporate and Other
PPL's Corporate and Other category primarily includes financing costs incurred at the corporate level that have not been allocated or assigned to the segments, certain non-recoverable costs resulting from commitments made to the Rhode Island Division of Public Utilities and Carriers and the Rhode Island Attorney General's Office in conjunction with the acquisition of Rhode Island Energy, and certain other unallocated costs.Reported earnings in 2025 increased by $0.27 per share compared with a year ago, primarily due to lower integration-related expenses associated with the acquisition of Rhode Island Energy. Earnings from ongoing operations in 2025 increased by $0.01 per share compared with a year ago. Factors driving earnings results primarily included lower income taxes and other factors partially offset by higher interest expense.Reported earnings in the fourth quarter of 2025 increased by $0.09 per share compared with a year ago. Earnings from ongoing operations in the fourth quarter of 2025 increased by $0.03 per share compared with a year ago. Factors driving earnings results primarily included lower interest expense and lower income taxes.2026 Earnings ForecastPPL today announced a 2026 earnings forecast range of $1.90 to $1.98 per share, with a midpoint of $1.94 per share.Earnings from ongoing operations is a non-GAAP measure that could differ from reported earnings due to special items that are, in management's view, non-recurring or otherwise not reflective of the company's ongoing operations. PPL management is not able to forecast if any of these factors will occur or whether any amounts will be reported for future periods. Therefore, PPL is not able to provide an equivalent GAAP measure for earnings guidance.About PPL
PPL Corporation (NYSE: PPL), headquartered in Allentown, Pennsylvania, is a leading U.S. energy company focused on providing electricity and natural gas safely, reliably and affordably to more than 3.6 million customers in the U.S. PPL's high-performing, award-winning utilities are addressing energy challenges head-on by building smarter, more resilient and more dynamic power grids and advancing sustainable energy solutions. For more information, visit www.pplweb.com. (Note: All references to earnings per share in the text and tables of this news release are stated in terms of diluted earnings per share unless otherwise noted.)Conference Call and WebcastPPL invites interested parties to listen to a live Internet webcast of management's teleconference with financial analysts about fourth-quarter and full-year 2025 financial results at 11 a.m. Eastern time on Friday, Feb. 20. The call will be webcast live, in audio format, together with slides of the presentation. Interested individuals can access the webcast link at www.pplweb.com/investors under Events and Presentations or access the live conference call via telephone at 1-844-512-2926. International participants should call 1-412-317-6300. Participants will need to enter the following "Elite Entry" number in order to join the conference: 0806443. For those who are unable to listen to the live webcast, a replay with slides will be accessible at www.pplweb.com/investors for 90 days after the call.Management utilizes "Earnings from Ongoing Operations" or "Ongoing Earnings" as a non-GAAP financial measure that should not be considered as an alternative to reported earnings, or net income, an indicator of operating performance determined in accordance with GAAP. PPL believes that Earnings from Ongoing Operations is useful and meaningful to investors because it provides management's view of PPL's earnings performance as another criterion in making investment decisions. In addition, PPL's management uses Earnings from Ongoing Operations in measuring achievement of certain corporate performance goals, including targets for certain executive incentive compensation. Other companies may use different measures to present financial performance.Earnings from Ongoing Operations is adjusted for the impact of special items. Special items are presented in the financial tables on an after-tax basis with the related income taxes on special items separately disclosed. Income taxes on special items, when applicable, are calculated based on the statutory tax rate of the entity where the activity is recorded. Special items may include items such as:Gains and losses on sales of assets not in the ordinary course of business.Impairment charges.Significant workforce reduction and other restructuring effects.Acquisition and divestiture-related adjustments.Other charges or credits that are, in management's view, non-recurring or otherwise not reflective of the company's ongoing operations.Statements contained in this news release, including statements with respect to future earnings, cash flows, dividends, financing, regulation and corporate strategy, are "forward-looking statements" within the meaning of the federal securities laws. Although PPL Corporation believes that the expectations and assumptions reflected in these forward-looking statements are reasonable, these statements are subject to a number of risks and uncertainties, and actual results may differ materially from the results discussed in the statements. The following are among the important factors that could cause actual results to differ materially from the forward-looking statements: weather conditions affecting customer energy usage and operating costs; strategic acquisitions, dispositions, joint ventures or similar transactions and our ability to consummate these business transactions, integrate the acquired entities or realize expected benefits from them; the outcome of rate cases or other cost recovery, revenue or regulatory proceedings, which may address structures or mechanisms regarding data centers and other large-load customers; catastrophic events such as epidemic or pandemic health events, wildfires, earthquakes, explosions, floods, droughts, tornadoes, hurricanes and other extreme weather-related events (including events potentially caused or exacerbated by climate change) and their effect on financial markets, economic conditions and our businesses; market demand for energy in our service territories including uncertainties related to projected rapid growth in electricity demand driven primarily by data centers and other large-load customers and the related requirement for substantial new generation and transmission investment, which may create capital access, revenue recovery and customer affordability risks; the direct or indirect effects on PPL or its subsidiaries or business systems of cyber-based intrusion or the threat of cyberattacks; development, adoption and use of artificial intelligence by us, our customers and our third-party vendors; volatility in or the impact of other changes on financial markets, commodity prices and economic conditions, including inflation; the effect of any business or industry restructuring; the profitability and liquidity of PPL Corporation and its subsidiaries; new accounting requirements or new interpretations or applications of existing requirements; operating performance of our facilities; the length of scheduled and unscheduled outages at our generating plants; environmental conditions and requirements and the related costs of compliance; system conditions and operating costs; development of new projects, markets and technologies; performance of new ventures; any impact of severe weather on our business; receipt of necessary government permits, approvals, rate relief and regulatory cost recovery; capital market conditions and decisions regarding capital structure; the impact of state, federal or foreign investigations applicable to PPL Corporation and its subsidiaries; the outcome of litigation against PPL Corporation and its subsidiaries; PPL Corporation's stock price performance; the market prices of equity securities and the impact on pension income and resultant cash funding requirements for defined benefit pension plans; the securities and credit ratings of PPL Corporation and its subsidiaries; political, regulatory or economic conditions in jurisdictions where PPL Corporation or its subsidiaries conduct business, including any potential effects of threatened or actual cyberattack, terrorism or war or other hostilities; new state, federal or foreign legislation, including new tax legislation; and the commitments and liabilities of PPL Corporation and its subsidiaries. Any such forward-looking statements should be considered in light of such important factors and in conjunction with factors and other matters discussed in PPL Corporation's Form 10-K and other reports on file with the Securities and Exchange Commission.Note to Editors: Visit our media website at www.pplnewsroom.com for additional news and background about PPL Corporation.PPL CORPORATION AND SUBSIDIARIESCONDENSED CONSOLIDATED FINANCIAL INFORMATION(1)Condensed Consolidated Balance Sheets (Unaudited)(Millions of Dollars)




December 31,
December 31,
2025
2024Assets


Cash and cash equivalents$               1,071
$                  306Accounts receivable1,225
1,037Unbilled revenues558
485Fuel, materials and supplies551
511Regulatory assets308
320Other current assets218
221Property, Plant and Equipment


  Regulated utility plant42,953
40,391Less: Accumulated depreciation - regulated utility plant10,303
9,682  Regulated utility plant, net32,650
30,709Non-regulated property, plant and equipment71
79Less: Accumulated depreciation - non-regulated property, plant and equipment26
29  Non-regulated property, plant and equipment, net45
50Construction work in progress3,437
2,390Property, Plant and Equipment, net36,132
33,149Noncurrent regulatory assets2,092
2,060Goodwill and other intangibles2,574
2,561Other noncurrent assets515
419Total Assets$             45,244
$             41,069



Liabilities and Equity


Short-term debt$                  456
$                  303Long-term debt due within one year904
551Accounts payable1,559
1,196Other current liabilities1,627
1,283Long-term debt17,990
15,952Deferred income taxes and investment tax credits3,615
3,467Accrued pension obligations281
317Asset retirement obligations133
136Noncurrent regulatory liabilities3,318
3,335Other deferred credits and noncurrent liabilities480
452Common stock and additional paid-in capital12,451
12,354Treasury stock(575)
(928)Earnings reinvested3,207
2,835Accumulated other comprehensive loss(202)
(184)Total Liabilities and Equity$             45,244
$             41,069

(1)The Financial Statements in this news release have been condensed and summarized for purposes of this presentation. Please refer to PPL Corporation's periodic filings with the Securities and Exchange Commission for full financial statements, including note disclosure.  PPL CORPORATION AND SUBSIDIARIES Condensed Consolidated Statements of Income (Unaudited)(Millions of Dollars, except share data)




Three Months Ended
December 31,
Year Ended
December 31,
2025
2024
2025
2024Operating Revenues$           2,274
$         2,211
$           9,042
$           8,462







Operating Expenses






Operation






  Fuel198
186
855
783  Energy purchases523
546
1,892
1,679  Other operation and maintenance633
677
2,431
2,607Depreciation335
322
1,312
1,279Taxes, other than income109
103
423
374Total Operating Expenses1,798
1,834
6,913
6,722







Operating Income476
377
2,129
1,740







Other Income (Expense) - net61
28
151
114







Interest Expense209
189
808
738







Income Before Income Taxes328
216
1,472
1,116







Income Taxes62
39
291
228







Net Income$              266
$            177
$           1,181
$              888







Earnings Per Share of Common Stock:






Net Income Available to PPL Common Shareowners:






Basic$             0.36
$           0.24
$             1.60
$             1.20Diluted$             0.36
$           0.24
$             1.59
$             1.20







Weighted-Average Shares of Common Stock Outstanding (in thousands)






Basic740,113
737,989
739,406
737,756Diluted745,143
741,063
743,348
739,853  PPL CORPORATION AND SUBSIDIARIESCondensed Consolidated Statements of Cash Flows (Unaudited)(Millions of Dollars)






2025
2024
2023Cash Flows from Operating Activities




Net income$           1,181
$              888
$              740Adjustments to reconcile net income to net cash provided by operating activities




  Depreciation1,312
1,279
1,254  Amortization104
78
81  Defined benefit plans - (income)(57)
(72)
(73)  Deferred income taxes and investment tax credits192
196
322  Equity component of AFUDC(81)
(47)
(30)  Other57
76
34Change in current assets and current liabilities




  Accounts receivable(207)
254
(170)  Accounts payable(12)
(41)
(72)  Unbilled revenues(73)
(57)
128  Fuel, materials and supplies(28)
(2)
(60)  Prepayments43
(34)
1  Taxes payable87
(27)
6  Regulatory assets and liabilities, net162
(68)
(37)  Accrued interest38
33
27  Other(4)
(65)
38Other operating activities




  Defined benefit plans - funding(12)
(10)
(13)  Proceeds from transfer of excess benefit plan funds—
13
—  Other(73)
(54)
(418)  Net cash provided by operating activities2,629
2,340
1,758Cash Flows from Investing Activities




Expenditures for property, plant and equipment(4,030)
(2,805)
(2,390)Other investing activities26
(13)
7  Net cash used in investing activities(4,004)
(2,818)
(2,383)Cash Flows from Financing Activities




Issuance of long-term debt3,045
1,894
3,252Retirement of long-term debt(616)
—
(1,854)Payment of common stock dividends(794)
(747)
(704)Issuance of treasury stock401
2
5Net increase (decrease) in short-term debt153
(689)
7Other financing activities(67)
(25)
(56)  Net cash provided by financing activities2,122
435
650Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash747
(43)
25Cash, Cash Equivalents and Restricted Cash at Beginning of Period339
382
357Cash, Cash Equivalents and Restricted Cash at End of Period$           1,086
$              339
$              382





Supplemental Disclosures of Cash Flow Information 




Cash paid (received) during the period for:




 Interest - net of amount capitalized$              745
$              670
$              604 Income taxes - net$                93
$            (123)
$              281Significant non-cash transactions:




 Accrued expenditures for property, plant and equipment at December 31, $              630
$              358
$              220 Operating - Electricity Sales (Unaudited)(1)












Three Months Ended
December 31,


Twelve Months Ended
December 31,






Percent




Percent(GWh)2025
2024
Change
2025
2024
Change











PA Regulated Segment










Retail Delivered9,163
8,929
2.6 %
37,186
36,611
1.6 %











KY Regulated Segment










Retail Delivered7,084
6,796
4.2 %
30,161
29,492
2.3 %Wholesale(2)240
134
79.1 %
1,207
617
95.6 %  Total7,324
6,930
5.7 %
31,368
30,109
4.2 %











Total16,487
15,859
4.0 %
68,554
66,720
2.7 %

(1)Excludes the Rhode Island Regulated segment electricity sales as revenues are decoupled from volumes delivered.(2)Represents FERC-regulated municipal and unregulated off-system sales. Reconciliation of Segment Reported Earnings to Earnings from Ongoing Operations(After-Tax)(Unaudited)

4th Quarter 2025(millions of dollars)
 KY
 PA
RI
 Corp.


 Reg.
 Reg.
Reg.
 & Other
 TotalReported Earnings(1)$          140
$          157
$              5
$           (36)
$          266Less: Special Items (expense) benefit:








    Acquisition integration, net of tax of $2, $4(2)—
—
(4)
(15)
(19)    IT transformation, net of tax of $1, $1, $1, $1(3)(5)
(3)
(3)
(2)
(13)    Office relocation and related costs, net of tax of $5(4)—
5
—
—
5    Post TSA adjustments, net of tax of $1(5)—
—
(6)
—
(6)    Customer system integration impacts, net of tax of $2(6)—
—
(6)
—
(6)Total Special Items(5)
2
(19)
(17)
(39)Earnings from Ongoing Operations$          145
$          155
$            24
$           (19)
$          305










(per share - diluted)
 KY
 PA
RI
 Corp.


 Reg.
 Reg.
Reg.
 & Other
 TotalReported Earnings(1)$         0.18
$         0.21
$         0.01
$        (0.04)
$         0.36Less: Special Items (expense) benefit:








    Acquisition integration(2)—
—
—
(0.02)
(0.02)    IT transformation(3)(0.01)
—
—
—
(0.01)    Post TSA adjustments(5)—
—
(0.01)
—
(0.01)    Customer system integration impacts(6)—
—
(0.01)
—
(0.01)Total Special Items(0.01)
—
(0.02)
(0.02)
(0.05)Earnings from Ongoing Operations$         0.19
$         0.21
$         0.03
$        (0.02)
$         0.41

(1)Reported Earnings represents Net Income.(2)Primarily integration and related costs associated with the acquisition of Rhode Island Energy.(3)Costs associated with PPL's restructuring and rebuilding of its IT infrastructure, organization and systems.(4)Certain costs and tax benefits related to the relocation of corporate offices.(5)Adjustments related to account reconciliations and process alignment subsequent to the end of the transition services agreement associated with the acquisition of Rhode Island Energy. (6)Certain collection process costs incurred due to the timing and implementation of the customer system integration. Reconciliation of Segment Reported Earnings to Earnings from Ongoing Operations (After-Tax)(Unaudited)









Full-Year 2025(millions of dollars)
 KY
 PA
RI
 Corp.


 Reg.
 Reg.
Reg.
 & Other
 TotalReported Earnings(1)$          674
$          639
$            85
$         (217)
$       1,181Less: Special Items (expense) benefit:








    Talen litigation costs, net of tax of ($1)(2)—
—
—
3
3    Acquisition integration, net of tax of $0, $15(3)—
—
2
(56)
(54)    IT transformation, net of tax of $5, $1, $2, $9(4)(16)
(4)
(8)
(33)
(61)    Energy efficiency programs settlement, net of tax of $2(5)—
—
(6)
—
(6)    Office relocation and related costs, net of tax of $1, $5(6)(3)
3
—
—
—    Post TSA adjustments, net of tax of $8(7)—
—
(30)
—
(30)    Customer system integration impacts, net of tax of $4(8)—
—
(15)
—
(15)Total Special Items(19)
(1)
(57)
(86)
(163)Earnings from Ongoing Operations$          693
$          640
$          142
$         (131)
$       1,344

(per share - diluted)
 KY
 PA
RI
 Corp.


 Reg.
 Reg.
Reg.
 & Other
 TotalReported Earnings(1)$         0.91
$         0.86
$         0.11
$        (0.29)
$         1.59Less: Special Items (expense) benefit:








    Acquisition integration(3)—
—
—
(0.08)
(0.08)    IT transformation(4)(0.02)
—
(0.01)
(0.04)
(0.07)    Energy efficiency programs settlement(5)—
—
(0.01)
—
(0.01)    Post TSA adjustments(7)—
—
(0.04)
—
(0.04)    Customer system integration impacts(8)—
—
(0.02)
—
(0.02)Total Special Items(0.02)
—
(0.08)
(0.12)
(0.22)Earnings from Ongoing Operations$         0.93
$         0.86
$         0.19
$        (0.17)
$         1.81

(1)Reported Earnings represents Net Income.(2)PPL incurred legal expenses and received insurance reimbursement related to litigation associated with its former affiliate, Talen Montana, LLC and certain affiliated entities.(3)RI Reg. primarily includes a final transition services agreement settlement and certain other acquisition related items. Corp. & Other primarily includes integration and related costs associated with the acquisition of Rhode Island Energy.(4)Costs associated with PPL's restructuring and rebuilding of its IT infrastructure, organization and systems.(5)Costs associated with a settlement agreement regarding energy efficiency programs prior to PPL's acquisition of Rhode Island Energy.(6)Certain costs and tax benefits related to the relocation of corporate offices.(7)Adjustments related to account reconciliations and process alignment subsequent to the end of the transition services agreement associated with the acquisition of Rhode Island Energy.(8)Certain collection process costs incurred due to the timing and implementation of the customer system integration. Reconciliation of Segment Reported Earnings to Earnings from Ongoing Operations(After-Tax)(Unaudited)









4th Quarter 2024(millions of dollars)
 KY
 PA
RI
Corp.


 Reg.
 Reg.
Reg.
& Other
 TotalReported Earnings(1)$          127
$          133
$            19
$         (102)
$          177Less: Special Items (expense) benefit:








    Strategic corporate initiatives, net of tax of $0, $1(2)—
(1)
—
(2)
(3)    Acquisition integration, net of tax of $0, $11(3) —
—
2
(44)
(42)    DER projects impairment, net of tax of $6(4)—
(15)
—
—
(15)    IT transformation, net of tax of $5(5)—
—
—
(19)
(19)Total Special Items —
(16)
2
(65)
(79)Earnings from Ongoing Operations$          127
$          149
$            17
$           (37)
$          256

(per share - diluted)
 KY
 PA
RI
Corp.


 Reg.
 Reg.
Reg.
& Other
 TotalReported Earnings(1)$         0.17
$         0.18
$         0.02
$        (0.13)
$         0.24Less: Special Items (expense) benefit:








    Acquisition integration(3)—
—
—
(0.05)
(0.05)    DER projects impairment(4)—
(0.02)
—
—
(0.02)    IT transformation(5)—
—
—
(0.03)
(0.03)Total Special Items—
(0.02)
—
(0.08)
(0.10)Earnings from Ongoing Operations$         0.17
$         0.20
$         0.02
$        (0.05)
$         0.34

(1)Reported Earnings represents Net Income.(2)Represents costs primarily related to PPL's centralization and other strategic efforts.(3)Primarily integration and related costs associated with the acquisition of Rhode Island Energy.(4)Impairment of distributed energy resources project costs associated with a pilot solar program for which PPL will not seek regulatory recovery.(5)Costs associated with PPL's restructuring and rebuilding of its IT infrastructure, organization and systems. Reconciliation of Segment Reported Earnings to Earnings from Ongoing Operations (After-Tax)(Unaudited)









Full-Year 2024(millions of dollars)
 KY
 PA
RI
Corp.


 Reg.
 Reg.
Reg.
& Other
 TotalReported Earnings(1)$          620
$          574
$          109
$         (415)
$          888Less: Special Items (expense) benefit:








    Talen litigation costs, net of tax of $1(2)—
—
—
(2)
(2)    Strategic corporate initiatives, net of tax of $0, $2, $2(3)(1)
(5)
—
(5)
(11)    Acquisition integration, net of tax of $13, $66(4)—
—
(46)
(250)
(296)    PPL Electric billing issue, net of tax of $5(5)—
(13)
—
—
(13)    FERC transmission credit refund, net of tax of $0(6)1
—
—
—
1    ECR beneficial reuse transition adjustment, net of tax of $2(7)(4)
—
—
—
(4)    DER projects impairment, net of tax of $6(8)—
(15)
—
—
(15)    IT transformation, net of tax of $5(9)—
—
—
(22)
(22)Total Special Items (4)
(33)
(46)
(279)
(362)Earnings from Ongoing Operations$          624
$          607
$          155
$         (136)
$       1,250

(per share - diluted)
 KY
 PA
RI
Corp.


 Reg.
 Reg.
Reg.
& Other
 TotalReported Earnings(1)$         0.83
$         0.78
$         0.15
$        (0.56)
$         1.20Less: Special Items (expense) benefit:








    Strategic corporate initiatives(3)—
—
—
(0.01)
(0.01)    Acquisition integration(4)—
—
(0.06)
(0.34)
(0.40)    PPL Electric billing issue(5)—
(0.02)
—
—
(0.02)    ECR beneficial reuse transition adjustment(7)(0.01)
—
—
—
(0.01)    DER projects impairment(8)—
(0.02)
—
—
(0.02)    IT transformation(9)—
—
—
(0.03)
(0.03)Total Special Items (0.01)
(0.04)
(0.06)
(0.38)
(0.49)Earnings from Ongoing Operations$         0.84
$         0.82
$         0.21
$        (0.18)
$         1.69

(1)Reported Earnings represents Net Income.(2)PPL incurred legal expenses related to litigation associated with its former affiliate.(3)Represents costs primarily related to PPL's centralization and other strategic efforts.(4)Primarily integration and related costs associated with the acquisition of Rhode Island Energy.(5)Certain expenses related to billing issues.(6)Prior period impact related to a Federal Energy Regulatory Commission refund order.(7)Prior period impact for an Environmental Cost Recovery mechanism revenue adjustment related to a Kentucky Public Service Commission order. (8)Impairment of distributed energy resources project costs associated with a pilot solar program for which PPL will not seek regulatory recovery.(9)Costs associated with PPL's restructuring and rebuilding of its IT infrastructure, organization and systems. Contacts:For news media: Ryan Hill, 610-774-4033For financial analysts: Andy Ludwig, 610-774-3389 



View original content to download multimedia:https://www.prnewswire.com/news-releases/ppl-corporation-reports-2025-earnings-results-provides-business-plan-update-through-2029-extending-eps-growth-targets-302693327.htmlSOURCE PPL Services Corporation

Original: PPL Corporation reports 2025 earnings results; provides business plan update through 2029, extending EPS growth targets

PPL Corporation Announces 2026 Virtual Annual MeetingFebruary 6, 2026 7:30 AM
PR Newswire (US)

ALLENTOWN, Pa., Feb. 6, 2026 /PRNewswire/ -- PPL Corporation (NYSE:PPL) announced today that the company's 2026 Annual Meeting of Shareowners will be held virtually. The Annual Meeting will convene live via the internet on Wednesday, May 13, 2026, at 9 a.m. Eastern Time.







Shareowners of record as of March 4, 2026, are eligible to vote and participate in the Annual Meeting. Instructions on how to join the meeting will be included in proxy materials that will be provided to shareowners.About PPL
PPL Corporation (NYSE: PPL), headquartered in Allentown, Pennsylvania, is a leading U.S. energy company focused on providing electricity and natural gas safely, reliably and affordably to more than 3.6 million customers in the U.S. PPL's high-performing, award-winning utilities are addressing energy challenges head-on by building smarter, more resilient and more dynamic power grids and advancing sustainable energy solutions. For more information, visit www.pplweb.com.Note to Editors: Visit our media website at www.pplnewsroom.com for additional news and background about PPL Corporation.Contacts:For news media: Ryan Hill, 610-774-4033
For financial analysts: Andy Ludwig, 610-774-3389 



View original content to download multimedia:https://www.prnewswire.com/news-releases/ppl-corporation-announces-2026-virtual-annual-meeting-302681260.htmlSOURCE PPL Services Corporation

Original: PPL Corporation Announces 2026 Virtual Annual Meeting

PPL Corporation and PPL Electric Utilities Joint Statement Regarding Governor Shapiro's Budget AddressFebruary 3, 2026 7:55 PM
PR Newswire (US)

ALLENTOWN, Pa., Feb. 3, 2026 /PRNewswire/ -- PPL Corporation (NYSE: PPL) and PPL Electric Utilities (PPL Electric) today reaffirm its commitment to transparency, affordability and collaboration following Governor Shapiro's Budget Address. PPL Electric continues to take decisive action to manage rising energy costs, strengthen affordability and uphold its promise of transparency and accountability for all customers.







We appreciate Governor Shapiro's focus on affordability and are aligned with the goal of making electric service affordable for every Pennsylvanian. Our organization is also proud of the bold, strategic measures we have taken over the past decade to control costs, support our customers and deliver the reliable power that families and businesses count on.Ratemaking transparency
PPL Electric fully supports enhanced transparency in the regulatory process. In addition to full rate reviews, we are regularly subject to management audits and regular and robust reporting on our operations and quarterly earnings. We have nothing to hide, and we believe that open, clear regulatory proceedings help ensure strong public confidence in the state's utility regulatory process. The company is actively working with intervening parties to potentially reach a settlement in its pending rate review and supports looking for ways the parties and the public can better understand what's behind rate review settlements.Reforming retail markets
PPL Electric has long advocated for measures that protect customers from expensive and sometimes deceptive retail energy practices. We support Governor Shapiro's efforts to shield customers from overpaying or being misled in competitive retail markets. In 2025 alone, retail shopping abuses cost our residential customers over $60 million. Providing clear information, enforcing fair practices and offering customer education are essential to ensuring customers pay the appropriate rates for electricity supply — the largest single component of the electricity bill.Eliminating unnecessary fees and reinstating customer protections
PPL Electric has identified a number of fees that if revised or eliminated could lower bills. We have shared those with the governor and will work with policymakers to address what was referred to as "junk" fees, those that are costing customers money without adding value. Additionally, we are committed to further supporting vulnerable customers and will evaluate the company's practices in this regard, including reconnection fees for low-income customers.PPL Electric remains dedicated to protecting vulnerable households and ensuring fairness for all customers through robust assistance initiatives and maintaining service during times of financial hardship. Even in the absence of law, we have continued the customer protections and practices of Chapter 14. We support reinstatement of this law, which expired in December 2024.Proactive cost management while maintaining excellence
PPL Electric remains focused on investing in reliability, minimizing outages and fostering economic growth, all while maintaining disciplined cost controls. Over the last 10 years, the company managed operating and maintenance expenses nearly 25% below the rate of inflation, even as it continued to invest in the grid's resiliency and reliability. Notably, this approach enabled PPL Electric to avoid distribution base rate increases since 2015. Through disciplined oversight, strategic reliability investments and a relentless focus on cost management, PPL Electric consistently delivers the most dependable service among Mid-Atlantic utilities, all while maintaining some of the lowest rates in the region. The company's infrastructure investments are also supporting key economic development projects in the Commonwealth, like the recently announced Eli Lilly project in Fogelsville, just a few miles from PPL Electric's headquarters. Pennsylvania's stable regulatory environment and PPL Electric continue to support investments in our critical infrastructure and thousands of family-sustaining jobs as well as economic development activity.High energy supply prices are a main driver of electric bill increases
With rising energy supply costs posing a serious concern for Pennsylvanians, PPL Electric emphasizes the need to keep affordability at the center of energy policy discussions. It is vital to examine the true causes of higher energy bills to develop effective solutions.For three years, the company has been sounding the alarm on a worsening generation supply situation and has put forth solutions and supported market reforms that have saved customers billions of dollars. But more needs to be done to address the primary driver of bill increases — energy supply costs. In the last five years, supply prices for PPL Electric customers have surged by more than 200%. Currently, supply costs account for 47% of a typical residential customer bill with another 8% influenced by state policies and taxes.We agree with the governor that the most impactful thing we can do to lower energy bills in Pennsylvania is to build new generation. PPL Electric has supported legislation in the Commonwealth to allow utilities to build and own generation again, and PPL Corporation created a joint venture with Blackstone Infrastructure to build generation to directly support data center load growth. Stakeholder collaboration
As PPL Electric moves forward, the company remains dedicated to collaborating with policymakers and stakeholders to develop practical, effective solutions. PPL Electric encourages ongoing attention to the key factors that impact energy costs, while emphasizing the importance of policies that protect the safety, reliability and affordability that customers count on every day.About PPL Corporation 
PPL Corporation (NYSE: PPL), headquartered in Allentown, Pennsylvania, is a leading U.S. energy company focused on providing electricity and natural gas safely, reliably and affordably to more than 3.6 million customers in the U.S. PPL's high-performing, award-winning utilities are addressing energy challenges head-on by building smarter, more resilient and more dynamic power grids and advancing sustainable energy solutions. For more information, visit www.pplweb.com. About PPL Electric Utilities
PPL Electric Utilities delivers safe, reliable and affordable electricity to about 1.5 million homes and businesses in eastern and central Pennsylvania. It regularly ranks among the country's best utility companies for reliability and customer satisfaction. PPL Electric Utilities is a major employer and an active supporter of the communities it serves. It is a part of the PPL Corporation (NYSE: PPL) family of companies. Visit pplelectric.com or connect on social media via Facebook, X and Instagram for energy efficiency tips, bill help information, guidance on shopping for an electricity supplier, storm updates and more.Note to Editors: Visit our media website at https://news.pplweb.com/ for additional news and background about PPL Corporation.Contact:For news media: Dana Burns, DNBurns @prince555-5409
PPL Electric Utilities 



View original content to download multimedia:https://www.prnewswire.com/news-releases/ppl-corporation-and-ppl-electric-utilities-joint-statement-regarding-governor-shapiros-budget-address-302678325.htmlSOURCE PPL Services Corporation

Original: PPL Corporation and PPL Electric Utilities Joint Statement Regarding Governor Shapiro's Budget Address

PPL Corporation to Conduct Webcast on 2025 Earnings ResultsJanuary 30, 2026 7:33 AM
PR Newswire (US)

ALLENTOWN, Pa., Jan. 30, 2026 /PRNewswire/ -- PPL Corporation (NYSE:PPL) will release consolidated fourth-quarter and year-end 2025 earnings results on Friday, Feb. 20.







Vincent Sorgi, PPL president and chief executive officer, and other members of PPL's executive team will discuss quarterly results and the company's general business outlook during a conference call with financial analysts that will begin at 11 a.m. Eastern Time.The call will be webcast live, in audio format, along with slides of the presentation. Interested individuals can access the webcast link at www.pplweb.com/investors under Events and Presentations or access the live conference call by telephone at 1-844-512-2926. International participants should call 1-412-317-6300. Participants will need to enter the following "Elite Entry" number to join the conference: 0806443.For those who are unable to listen to the live webcast, a replay with slides will be accessible at www.pplweb.com/investors for 90 days after the call.About PPL
PPL Corporation (NYSE: PPL), headquartered in Allentown, Pennsylvania, is a leading U.S. energy company focused on providing electricity and natural gas safely, reliably and affordably to more than 3.6 million customers in the U.S. PPL's high-performing, award-winning utilities are addressing energy challenges head-on by building smarter, more resilient and more dynamic power grids and advancing sustainable energy solutions. For more information, visit www.pplweb.com.Note to Editors: Visit our media website at www.pplnewsroom.com for additional news and background about PPL Corporation.Contacts:For news media: Ryan Hill, 610-774-4033
For financial analysts: Andy Ludwig, 610-774-3389



View original content to download multimedia:https://www.prnewswire.com/news-releases/ppl-corporation-to-conduct-webcast-on-2025-earnings-results-302675037.htmlSOURCE PPL Services Corporation

Original: PPL Corporation to Conduct Webcast on 2025 Earnings Results

Investers see wind turbines and solar panels producing electrity in Pa.Then they think it will hurt PPL.It all has to be sold to PPL.That is all they do is deliver power.They have 250,000 miles of power lines.Nobody is going to duplicate that.

No posts here recently.If you do read this.sit and hold.We will be at $40.00 within one year.Fifty in two,

There hasn't been a post on this board since the end of December.PPL gets downgraded at a 29.00 price target(now at 27.40).Lets start with a 6 % dividend.The state of Pa has been in slow motion(because of covid).Earnings were still .59 cents per share.One more thing,what companies are better positioned electric companies from Ohio and Pa with natural gas being right under their feet.

$PPL short squeeze all day Ppl Corporation Nyse Ppl Short Squeeze

Anyone know the reason for the big rise on Friday? Merger speculation?

Buy buy buy

Of course!

PPL (NYSE:PPL): Q2 EPS of $0.4 beats by $0.02.

Revenue of $1.78B (-3.8% Y/Y) misses by $160M.

PPL Corp. (PPL +0.3%) is upgraded to Buy from Hold with a $34 price target at Jefferies following the recent spinoff of its unregulated business and due to PPL's higher than average rate base growth.

Tudor Pickering downgrades PPL to Hold from Buy with a $34 price target, cut from $38, as it expects U.K. headwinds, including the exchange rate and earnings quality, will continue to weigh on the stock.

The firm estimates PPL’s earnings growth at ~4% through 2017 despite growing ratebase at 7% through 2019; despite the strong ratebase growth, PPL's U.K. utility earnings are flat through 2017 due to a change in regulatory regimes while the U.S. dollar has been strengthening relative to the British pound for a year.

10 year popped higher and we held ok
So may rally a bit as employment
Report was not great rates continue
Low

PPL (NYSE:PPL): Q1 EPS of $0.77 beats by $0.07.

Revenue of $3.17B (+166.4% Y/Y) beats by $580M.

If 10 year dips below 1.80 I will selling it

Anyone in PPL?

$PPL DD Notes ~ http://www.ddnotesmaker.com/PPL

bullish
quick trade

$PPL recent news/filings

## source: finance.yahoo.com

Mon, 22 Dec 2014 14:03:52 GMT ~ PPL Electric Utilities Gives $250,000 In Winter Help For The Needy

[at noodls] - Less fortunate residents in PPL Electric Utilities' service area will be getting some extra help from the utility as winter officially gets underway. ... This is an abstract of the original noodl. To continue ...

read full: http://www.noodls.com/view/48EAAD4E7D429326864632852D0AAFC2E3CDEC98
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Fri, 19 Dec 2014 20:50:31 GMT ~ PPL Corporation Sets Annual Meeting Date

[at noodls] - 12-19-2014 ALLENTOWN, Pa. , Dec. 19, 2014 /PRNewswire/ -- PPL Corporation (NYSE: PPL) has scheduled the company's annual meeting of shareowners for Wednesday, May 20, 2015 . The meeting will be held at ...

read full: http://www.noodls.com/view/E658515C59C8F3FA75D521CEEDB11AA695E7494A
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Fri, 19 Dec 2014 20:28:00 GMT ~ PPL Corporation Sets Annual Meeting Date

[PR Newswire] - ALLENTOWN, Pa., Dec. 19, 2014 /PRNewswire/ -- PPL Corporation (NYSE: PPL) has scheduled the company's annual meeting of shareowners for Wednesday, May 20, 2015. The meeting will be held at the PPL Center, ...

read full: http://finance.yahoo.com/news/ppl-corporation-sets-annual-meeting-202800525.html
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Fri, 19 Dec 2014 12:42:10 GMT ~ Unit 1 at Susquehanna Nuclear Power Plant Reconnected to the Power Grid

[at noodls] - 12-19-2014 BERWICK, Pa. , Dec. 19, 2014 /PRNewswire/ -- Operators at PPL's Susquehanna nuclear power plant reconnected Unit 1 to the regional electric grid Friday (12/19) after repairing a small water ...

read full: http://www.noodls.com/view/00D80370B46659F9F76964307156D757E003BAC6
*********************************************************

Fri, 19 Dec 2014 12:31:00 GMT ~ Unit 1 at Susquehanna Nuclear Power Plant Reconnected to the Power Grid

[PR Newswire] - BERWICK, Pa., Dec. 19, 2014 /PRNewswire/ -- Operators at PPL's Susquehanna nuclear power plant reconnected Unit 1 to the regional electric grid Friday (12/19) after repairing a small water leak inside ...

read full: http://finance.yahoo.com/news/unit-1-susquehanna-nuclear-power-123100412.html
*********************************************************


$PPL charts

basic chart ## source: stockcharts.com



basic chart ## source: stockscores.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com


$PPL company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/PPL/company-info
Ticker: $PPL
OTC Market Place: Not Available
CIK code: 0000922224
Company name: PPL Corp.
Company website: http://www.pplresources.com
Incorporated In: PA, USA


$PPL share structure

## source: otcmarkets.com

Market Value: $24,601,013,650 a/o Dec 24, 2014
Shares Outstanding: 665,072,010 a/o Oct 31, 2014
Float: Not Available
Authorized Shares: Not Available
Par Value: 0.01
$PPL extra dd links

Company name: PPL Corp.
Company website: http://www.pplresources.com

## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/PPL/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/PPL/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=PPL+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=PPL+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=PPL+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/PPL/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/PPL/news - http://finance.yahoo.com/q/h?s=PPL+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/PPL/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/PPL/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/PPL/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/PPL/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/PPL/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/PPL/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/PPL/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/PPL/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=PPL+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/PPL
DTCC (dtcc.com): http://search2.dtcc.com/?q=PPL+Corp.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=PPL+Corp.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=PPL+Corp.&x=0&y=0
WHOIS (domaintools.com): http://whois.domaintools.com/http://www.pplresources.com
Alexa (alexa.com): http://www.alexa.com/siteinfo/http://www.pplresources.com#
Corporate website internet archive (archive.org): http://web.archive.org/web/*/http://www.pplresources.com

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/PPL/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/PPL
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/PPL/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/PPL/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/PPL/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000922224&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/PPL/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/PPL/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/PPL/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/PPL/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=PPL&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=PPL
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/PPL/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=PPL+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=PPL+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=PPL
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=PPL
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=PPL+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/PPL/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=PPL+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/PPL.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=PPL
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/PPL/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/PPL/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/PPL/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/PPL/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/PPL
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/PPL
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/PPL:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=PPL
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=PPL



$PPL DD Notes ~ http://www.ddnotesmaker.com/PPL

PPL ~ Plans to spend billions to build a 725 mile system of electric transmission lines that will bring energy from the booming Marcellus Shale fields

Business-Update-Call



Transcript here
http://www.earningsimpact.com/Transcript/81815/PPL/Ppl-Corporation---Business-Update-Call

PPL in beast mode the past year. Gotta love that dividend too!

PPL-STOCK ANALYSIS
PPL is trading in the range of $27.28 - $29.88 in the past 30 days.
Average True Range (Atr) indicates the volatility has increased for PPL.
Commodity Channel Index (CCI) is bullish for PPL.
PPL formed a bullish 5-day exponential moving average and 9-day exponential moving average crossover.
The 22-day exponential moving average is moving up for PPL.
PPL formed a bullish Gap Up signal.
Money Flow Index (MFI) is bullish and moving up for PPL.
PPL formed a bullish Price & Exponential Moving Average Crossover signal.
PPL formed a bullish Price & Simple Moving Average Crossover signal.
The 10-day simple moving average is bullish and moving up for PPL.
Average volume increase over 10% for PPL.

~ Thurs-Fri $PPL ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $PPL ~ Earnings expected on Friday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=PPL&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=PPL&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=PPL
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=PPL#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=PPL+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=PPL
Finviz: http://finviz.com/quote.ashx?t=PPL
~ BusyStock: http://busystock.com/i.php?s=PPL&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=PPL >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

IMO, based on tech's alone, a break of $28 (recently touched) on the close and a test of $30 is on the horizon. They recently raised guidance and made a UK aquisition deemed to be profitable to them in the near future. My $25.34 purchase on a bottom play is working out well. A very nice pps increase (current pps= $27.36)along with a high yield, currently 5.09%. Nice.

.

[color=red][/color]Bought my starter long term position at $25.34 on 02/04/2011.

Current price $27.56 on 05/04/2011.

Wish I would have added in the mid 24's since that was the only chance to average down but was waiting for a larger sell off with more volume before doing so but that was it. So far only 1 $0.35 dividend but can't complain about the pps increase coupled with over a 5% yield.

Hello, anyone here?

OK, so this is a 5.5% yielding stock, trading below the sector average P/E. They are also trading near a multi year low PPS when their earnings performance is not matching that same low level. Nothing tells me they are imploding so I bought a stake here. Too bad it seems no one is here to listen.

September 12, 2007 - 11:27 AM EST

PPL Reaches Agreement to Sell Chilean Company

ALLENTOWN, Pa., Sept. 12 /PRNewswire-FirstCall/ -- PPL Corporation (NYSE: PPL) announced Wednesday (9/12) that it has agreed to sell its controlling interest in a Chilean electricity delivery business to Compania General de Electricidad S.A. (CGE).

CGE has agreed to acquire PPL's 95.4 percent interest in Empresas Emel S.A. (Emel) for $660 million. The transaction is expected to close by mid-November 2007, following a public tender process for the total shares issued by Emel.

Emel, headquartered in Santiago, has 575,000 electricity delivery customers in central and northern Chile.

As a result of the sale, PPL said it expects to record a fourth-quarter special after-tax earnings gain in the range of $205 million to $225 million, or 53 to 58 cents per share, subject to final accounting and tax calculations.

'There was robust interest in the Chilean operations, interest that resulted in the process moving even more quickly than we had anticipated,' said Rick L. Klingensmith, president of PPL Global, the company's international subsidiary. He noted that the Chilean operations have shown significant improvement in profitability, customer service, reliability and safety -- improvements that make Emel one of the top service companies in Chile.

PPL announced its intention to sell its Latin American operations in March, saying that, since it did not intend to significantly grow its interests in the region, it was acting to take advantage of attractive market valuations for solidly performing operations in the region. The company completed sales of its electricity delivery companies in El Salvador and Bolivia in May and July, respectively.

PPL Global companies continue to provide electricity delivery services to 2.5 million customers in the United Kingdom. PPL has said it has no plans to sell the U.K. businesses, which accounted for about 25 percent of PPL's annual earnings in 2006.

The company has said that one of the options for proceeds from the Latin American sales would be to invest in growth opportunities in its core business of generating, marketing and delivering electricity. Other options include repurchase of a portion of the company's debt and common stock.

J.P. Morgan Securities Inc. advised PPL on the sales process.

CGE is one of the largest electricity companies in Chile and has operations focused in electricity distribution, transmission and generation. The company delivers electricity to more than 1.5 million customers in central and southern Chile and more than 700,000 customers in Argentina. CGE also has operations in the liquefied petroleum gas market in Chile, and in natural gas markets in Chile and Argentina.

PPL Corporation, headquartered in Allentown, Pa., controls more than 11,000 megawatts of generating capacity in the United States, sells energy in key U.S. markets and delivers electricity to about 4 million customers in Pennsylvania and the United Kingdom.

Certain statements contained in this news release, including statements with respect to future earnings impacts and business disposition, are 'forward-looking statements' within the meaning of the federal securities laws. Although PPL Corporation believes that the expectations and assumptions reflected in these forward-looking statements are reasonable, these statements involve a number of risks and uncertainties, and actual results may differ materially from the results discussed in the statements. The following are among the important factors that could cause actual results to differ materially from the forward-looking statements: political, regulatory or economic developments and conditions in foreign countries; capital markets; disposition proceeds; and foreign exchange rates. Any such forward-looking statements should be considered in light of such factors and in conjunction with PPL Corporation's Form 10-K and other reports on file with the Securities and Exchange Commission.

SOURCE PPL Corporation

Source: PR Newswire (September 12, 2007 - 11:27 AM EST)