Entergy Files 8-K Disclosure

Ticker: ENO · Form: 8-K · Filed: 2024-12-20T00:00:00.000Z

Sentiment: neutral

Topics: disclosure, regulation-fd, subsidiary

Related Tickers: ETR

TL;DR

Entergy New Orleans dropped an 8-K, check it for deets.

AI Summary

Entergy New Orleans, LLC, a subsidiary of Entergy Corp., filed an 8-K on December 20, 2024, to disclose information regarding Regulation FD and other events. The filing includes details about Entergy Corp. and its subsidiary Entergy Mississippi, LLC, with addresses and contact information for both entities.

Why It Matters

This filing provides official updates and disclosures from Entergy New Orleans, LLC, which may impact investors and stakeholders by informing them of material events or regulatory compliance.

Risk Assessment

Risk Level: low — The filing is a standard disclosure document and does not appear to contain any immediate negative news or significant financial changes.

Key Players & Entities

FAQ

What is the primary purpose of this 8-K filing?

The primary purpose of this 8-K filing is to disclose information related to Regulation FD and other events as required by the SEC.

Who is the main filer of this 8-K?

The main filer of this 8-K is Entergy New Orleans, LLC.

What is the filing date of this 8-K?

The filing date of this 8-K is December 20, 2024.

What other Entergy entities are mentioned in the filing?

Entergy Corp. and Entergy Mississippi, LLC are also mentioned in the filing.

What is the Standard Industrial Classification (SIC) code for Entergy Corp. and Entergy Mississippi, LLC?

The SIC code for both Entergy Corp. and Entergy Mississippi, LLC is ELECTRIC SERVICES [4911].

Filing Stats: 1,322 words · 5 min read · ~4 pages · Grade level 16.2 · Accepted 2024-12-20 09:31:37

Key Financial Figures

Filing Documents

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure Entergy Corporation (" Entergy ") does not expect the settlement described in Item 8.01 below to have a material impact on its earnings for the fourth quarter of 2024. Entergy also affirms its previously published adjusted earnings per share and credit outlooks. Cautionary Note Regarding Forward-Looking Statements Entergy's statements regarding the expected earnings impact of the settlement and Entergy's adjusted earnings per share and credit outlooks are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this Report. Except to the extent required by the federal securities laws, Entergy undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Such forward-looking statements are subject to a number of risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied in such forward-looking statements, including (a) those factors discussed elsewhere in this presentation and in Entergy's most recent Annual Report on Form 10-K, any subsequent Quarterly Reports on Form 10-Q, and Entergy's other reports and filings made under the Securities Exchange Act of 1934; (b) uncertainties associated with (1) rate proceedings, formula rate plans, and other cost recovery mechanisms, including the risk that costs may not be recoverable to the extent or on the timeline anticipated by the utilities and (2) implementation of the ratemaking effects of changes in law; (c) uncertainties associated with (1) realizing the benefits of its resilience plan, including impacts of the frequency and intensity of future storms and storm paths, as well as the pace of project completion and (2) efforts to remediate the effects of maj

01 Other Events

Item 8.01 Other Events On December 20 2024, Entergy reached a settlement with the U.S. Securities and Exchange Commission (the " SEC ") to resolve the previously disclosed SEC investigation into the company's internal controls and books and records concerning potential surplus materials and supplies inventory. Under the settlement terms, in which Entergy neither admits nor denies the SEC's findings, the company will pay a $12 million civil penalty, which previously had been fully accrued. The settlement is subject to approval by a U.S. District Court. As part of its inventory management processes, Entergy had previously engaged outside consultants to help optimize the company's materials and supplies inventory. More recently, the company reevaluated and strengthened its processes and controls for identifying and dispositioning surplus materials and supplies. Entergy has now implemented these enhanced processes and controls, which did not result in a material change in the value of its materials and supplies inventory. As part of the settlement, Entergy will engage an independent consultant to evaluate these enhanced processes and controls. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, each registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Entergy Corporation Entergy Arkansas, LLC Entergy Louisiana, LLC Entergy Mississippi, LLC Entergy New Orleans, LLC Entergy Texas, Inc. System Energy Resources, Inc. By: /s/ Marcus V. Brown Marcus V. Brown Executive Vice President and General Counsel Dated: December 20, 2024

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