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Great Plains Energy (GXP)

The Great Plains Energy CRUSH Report is a Fortune 1000 deep dive sales intelligence company profile and will help increase your sales leads and add more accounts in your sales pipeline while eliminating costly research time.

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Great Plains Energy, Inc. News Release

A Collection of Great Plains Energy, Inc. News Release

Great Plains Energy and KCP&L Announce Executive Appointments
Thursday May 17th 2012 05:04:55 PM

KANSAS CITY, Mo.--(BUSINESS WIRE)--May. 17, 2012-- Great Plains Energy Incorporated (NYSE: GXP) and Kansas City Power & Light Company (KCP&L) today announced that Scott Heidtbrink, senior vice president – Supply, has been appointed executive vice president and chief operating officer of KCP&L and KCP&L Greater Missouri Operations. Heidtbrink replaces Terry Bassham, who was recently named president and chief executive officer to succeed Michael J. Chesser following his retirement, effective June 1, 2012. In his new role, Heidtbrink will have management responsibility for all utility operations, including Genera...

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Great Plains Energy Reports First Quarter 2012 Results
Thursday May 3rd 2012 05:07:29 PM

Warm Winter Weather a Key Driver in Quarterly Loss KANSAS CITY, Mo.--(BUSINESS WIRE)--May. 3, 2012-- Great Plains Energy (NYSE: GXP) today announced a first quarter 2012 loss of $9.5 million or $0.07 per share of common stock outstanding, compared with first quarter 2011 earnings of $2.0 million or $0.01 per share. The Company also announced it is affirming its 2012 earnings guidance range of $1.20 to $1.40 per share. The loss for the quarter was primarily due to warmer than normal winter weather and expenses associated with the Wolf Creek nuclear unit that experienced an unplanned outage for the majority of t...

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Great Plains Energy Incorporated Declares Dividends
Tuesday May 1st 2012 08:41:54 AM

KANSAS CITY, Mo.--(BUSINESS WIRE)--May. 1, 2012-- Great Plains Energy (NYSE: GXP) today announced that its Board of Directors approved a quarterly dividend of $0.2125 per share on its common stock. This action continues Great Plains Energy’s indicated annual dividend level of $0.85 per share. The common dividend will be payable June 20, 2012 to shareholders of record as of May 30, 2012. The shares will begin to trade ex-dividend on May 25, 2012. The Board of Directors also declared regular dividends on the Company’s 3.80%, 4.20%, 4.35% and 4.50% series of preferred stock, payable September 1, 2012 to shareholders of record as...

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Great Plains Energy Announces Schedule for First Quarter 2012 Earnings
Monday April 16th 2012 04:57:17 PM

KANSAS CITY, Mo., Apr 16, 2012 (BUSINESS WIRE) --Great Plains Energy (NYSE: GXP) announced today that it will release its 2012 first quarter earnings on Thursday, May 3, 2012, after the market close. On Friday, May 4, 2012, at 9:00 a.m. EDT, executive officers of the Company will conduct a webcast and conference call to discuss the Company's 2012 first quarter earnings and operating results. Supplemental financial information and the earnings webcast presentation will be available after the May 3 market close and after 8:30 a.m. EDT on May 4, respectively, on the Great Plains Energy website at www.greatplainsenergy.com. Stockholders,...

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Great Plains Energy and AEP Form Competitive Transmission Company
Wednesday April 4th 2012 07:45:28 AM

First projects to include 200 miles of 345-kV transmission in Missouri KANSAS CITY, Mo.--(BUSINESS WIRE)--Apr. 4, 2012-- Great Plains Energy (NYSE: GXP) and American Electric Power (NYSE: AEP) today announced they have formed a company to build and invest in transmission infrastructure. The new company, Transource EnergySM LLC (Transource), will pursue competitive transmission projects initially in the Southwest Power Pool (SPP), Midwest Independent Transmission System Operator (MISO) and PJM Interconnection (PJM) regions, with the potential for expanding to other regions in the future. Great Plains Energy owns 13.5 p...

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Great Plains Energy Incorporated Announces One-Time Special Distribution to Holders of Corporate Units
Monday March 19th 2012 07:29:40 PM

KANSAS CITY, Mo.--(BUSINESS WIRE)--Mar. 19, 2012-- Great Plains Energy Incorporated (NYSE: GXP) today announced a one-time special distribution to holders of record on March 19, 2012 of its Corporate Units (NYSE: GXPPRF) (CUSIP No. 391164803). The amount of the distribution will be approximately $0.00115 per Corporate Unit and is scheduled to be paid on March 22, 2012. This one-time distribution is being paid pursuant to Section 5.02(a)(ii) of the Purchase Contract and Pledge Agreement dated as of May 18, 2009 in connection with excess proceeds generated from a previously announced remarketing of notes underlying the Corporat...

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Great Plains Energy Incorporated Announces Dates for Remarketing of its Notes
Friday March 9th 2012 05:01:05 PM

KANSAS CITY, Mo.--(BUSINESS WIRE)--Mar. 9, 2012-- Great Plains Energy Incorporated (NYSE: GXP) today announced that on March 19, 2012 and, if necessary, on the following two business days (together, the “Early Remarketing Period”), it expects to conduct a remarketing of its 10.00% Subordinated Notes due 2042 (the “Notes”) (CUSIP No. 391164 AC4), which are currently outstanding in the aggregate principal amount of $287,500,000. The Notes were originally issued as part of its Corporate Units (NYSE: GXPPRF) (CUSIP No. 391164 803) on May 18, 2009 (the “Corporate Units”) pursuant to a Purchase Contract and Pledge Agreement, dated ...

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Great Plains Energy Reports Full-Year and Fourth Quarter Results for 2011
Monday February 27th 2012 05:07:11 PM

KANSAS CITY, Mo.--(BUSINESS WIRE)--Feb. 27, 2012-- Great Plains Energy (NYSE: GXP) today announced full-year 2011 earnings of $172.8 million or $1.25 per share of common stock outstanding, compared with full-year 2010 earnings of $210.1 million or $1.53 per share. Lower earnings for the year were primarily due to coal conservation activities and other expenses associated with Missouri River flooding, regulatory lag from higher property taxes and fuel transportation costs and an organizational realignment and voluntary separation program. Additionally, earnings were impacted by disallowances and other accounting...

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Great Plains Energy Announces Chief Executive Officer to Retire in 2012 and Announces Succession Plan
Tuesday February 21st 2012 05:01:36 PM

KANSAS CITY, Mo.--(BUSINESS WIRE)--Feb. 21, 2012-- Great Plains Energy Incorporated (NYSE: GXP) and Kansas City Power & Light Company (“KCP&L) today announced that Chairman and Chief Executive Officer Michael J. Chesser has informed the Board of Directors (the “Board”) of his decision to retire as Chief Executive Officer of Great Plains Energy and KCP&L, effective May 31, 2012. In order to ensure a smooth transition, Chesser will remain as a member of the Board of Directors and serve as its Chairman. He has served as Chairman and Chief Executive Officer since 2003. The Board has selected Terry Bassham, Pre...

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Great Plains Energy Incorporated Declares Dividends
Tuesday February 7th 2012 08:55:15 AM

KANSAS CITY, Mo.--(BUSINESS WIRE)--Feb. 7, 2012-- Great Plains Energy Incorporated (NYSE: GXP) today announced that its Board of Directors approved a quarterly dividend of $0.2125 per share on its common stock. This action continues Great Plains Energy’s indicated annual dividend level of $0.85 per share. The common dividend will be payable March 20, 2012 to shareholders of record as of February 28, 2012. The shares will begin to trade ex-dividend on February 24, 2012. The Board of Directors also declared regular dividends on the Company’s 3.80%, 4.20%, 4.35% and 4.50% series of preferred stock, payable June 1, 2012 to shareh...

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