Skip to Content

Portland General Electric Co POR Stock Quote

| Rating as of


Morningstar‘s Stock Analysis POR

Currency in USD
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price


5-Star Price


Economic Moat


Capital Allocation


Portland General Boosts Growth Outlook, Partners With NextEra on Wind Project

Travis Miller Strategist

Analyst Note

| Travis Miller |

We are raising our fair value estimate for Portland General Electric, or PGE, to $49 per share from $48 after the company announced plans to invest $415 million alongside NextEra Energy to co-develop a 311-megawatt wind farm in Montana. Management raised its long-term annual earnings growth outlook to 5%-7% from 4%-6%, in line with our expectation. We are reaffirming our narrow moat and stable moat trend ratings.

Unlock Our Full Analysis With Morningstar Investor

Key Statistics POR

Company Profile POR

Business Description

Portland General Electric is a regulated electric utility providing generation, transmission, and distribution services to 917,000 customers representing about half of all Oregon residents. The company owns (wholly or through joint ventures) a total of 3.3 gigawatts of gas, coal, wind, and hydro generation.

121 South West Salmon Street
Portland, OR, 97204
T +1 503 464-8000
Industry Utilities - Regulated Electric
Most Recent Earnings Sep 30, 2022
Fiscal Year End Dec 31, 2022
Employees 2,839

Related News POR