Pinnacle West Capital CORP

Market Movers (8-K)

NYSE
Pinnacle West Capital Corporation has entered into an Equity Distribution Agreement to offer and sell up to $500 million of its common stock through various distribution methods.
Capital raise
NYSE
Pinnacle West Capital Corp. reported lower second-quarter net income compared to the prior year, primarily due to increased interest charges and depreciation, though results were in line with expectations.
Capital raise
NYSE
Pinnacle West Capital Corporation and Arizona Public Service Company are participating in investor meetings in June 2026, utilizing handouts that detail their financial outlook, growth strategies, and regulatory environment.
Capital raise
NYSE
Pinnacle West Capital Corporation has amended its equity distribution agreement to extend the maturity period for forward sale agreements from 18 to 24 months.
Capital raise
NYSE
Pinnacle West Capital Corporation announced the issuance and sale of $500 million in 4.650% Senior Notes due 2029 to strengthen its financial position.
Capital raise
NYSE
Pinnacle West Capital Corp. reported a significant increase in net income for the first quarter of 2026, driven by hotter-than-normal weather, customer growth, and lower operating expenses.
Better than expected
Capital raise

Quarterly Earnings (10-Q)

NYSE
Pinnacle West Capital Corporation and Arizona Public Service Company reported mixed financial results for the second quarter of 2026, with increased revenues offset by higher expenses.
Capital raise
NYSE
Pinnacle West Capital Corporation reported a significant turnaround in its first quarter 2026 results, driven by higher transmission revenues and lower operating expenses, leading to a net income attributable to common shareholders of $33 million, a substantial improvement from a net loss in the prior year.
Capital raise
Better than expected
NYSE
Pinnacle West Capital Corporation reports increased Q3 net income and operating revenues, driven by customer growth and strategic investments, despite a nine-month decline in net income.
Delay expected
Worse than expected
Capital raise
NYSE
Pinnacle West Capital Corporation reported a decrease in net income for the second quarter and first half of 2025, primarily driven by higher operating expenses and lower pension credits, despite revenue growth.
Delay expected
Worse than expected
Capital raise
NYSE
Pinnacle West's Q1 2025 earnings were negatively impacted by increased expenses and lower other income, despite revenue growth and benefits from new rates.
Worse than expected
Capital raise
NYSE
Pinnacle West and Arizona Public Service Company (APS) have released their third quarter 2024 financial results, showing a mixed performance with increased revenues offset by higher expenses.
Worse than expected
Delay expected
Capital raise

Annual Reports (10-K)

NYSE
Pinnacle West Capital Corporation reported an increase in 2025 net income, driven by customer growth and strategic investments in clean energy and grid modernization.
Delay expected
Better than expected
Capital raise
NYSE
Pinnacle West Capital Corporation's 2024 results reflect increased net income driven by new rates and customer growth, while the company addresses regulatory changes and clean energy initiatives.
Better than expected
Capital raise
NYSE
Pinnacle West Capital Corporation's 10-K filing details the company's authorized shares, dividend policies, voting rights, and anti-takeover measures, along with information on its subsidiary, Arizona Public Service Company.
Capital raise

Insider Trading (Form 4)

NYSE
Director Carol Eicher acquired 1,665 stock units in Pinnacle West Capital Corp, representing an economic equivalent to common stock, with settlement deferred until post-employment.
NYSE
Ronald Butler Jr., a Director at Pinnacle West Capital Corp (PNW), acquired 1,665 stock units on May 14, 2026, which are economically equivalent to common stock.
NYSE
Pinnacle West Capital Corp. director Gonzalo A. de la Melena Jr. acquired 1,665 stock units, representing the economic equivalent of common stock, with settlement deferred.
NYSE
Susan T. Flanagan, a Director at Pinnacle West Capital Corp., acquired 1,665 stock units on May 14, 2026, which are economically equivalent to common stock.
NYSE
Director James E. Trevathan Jr. acquired 1,665 stock units in Pinnacle West Capital Corp, with settlement deferred until post-employment.
NYSE
Director Paula J. Sims acquired 1,665 shares of Pinnacle West Capital Corp. common stock for $99.77 per share.

Proxy Statements (Def-14A)

NYSE
Pinnacle West Capital Corporation's 2026 Proxy Statement details the upcoming Annual Meeting of Shareholders, director nominations, executive compensation, and corporate governance practices.
NYSE
Pinnacle West Capital Corporation has filed a definitive proxy statement with the SEC.
NYSE
Pinnacle West Capital Corporation's proxy statement details a leadership transition, highlights strong 2024 financial and operational performance, and outlines key strategic priorities for the future.
Better than expected
Capital raise
NYSE
Pinnacle West Capital Corporation defends board member Glynis A. Bryan against 'overboarding' concerns, highlighting her value and announcing her upcoming retirement from Insight Enterprises, Inc.
NYSE
Pinnacle West Capital Corporation has filed a definitive proxy statement with the SEC.
NYSE
Pinnacle West Capital's 2024 proxy statement highlights the company's strategic focus on clean energy, customer satisfaction, and shareholder value amidst a changing energy landscape.
Better than expected

Schedule 13G - Passive Investments

NYSE
Capital Research Global Investors reports beneficial ownership of 16,441,549 shares, representing 13.6% of Pinnacle West Capital Corp.'s common stock as of March 31, 2026.
NYSE
Barrow Hanley Mewhinney & Strauss LLC has reported beneficial ownership of 5.78% of Pinnacle West Capital Corp's common stock as of March 31, 2026.
NYSE
Vanguard Capital Management has reported a beneficial ownership of 7.35% in Pinnacle West Capital Corp. as of March 31, 2026.
NYSE
The Vanguard Group has filed an amended Schedule 13G for Pinnacle West Capital Corp, reporting 0% beneficial ownership due to an internal realignment.
NYSE
Barrow Hanley Mewhinney & Strauss LLC has reported a 5.58% beneficial ownership stake in Pinnacle West Capital Corp's common stock.
NYSE
Barrow Hanley Mewhinney & Strauss LLC has reported a 6.05% passive ownership stake in Pinnacle West Capital Corp, totaling 7,223,725 shares of common stock.