XEL_Q306

Xcel Energy announced its financial results for the third quarter of 2006. Income from continuing operations was $224 million, or $0.53 per share, compared to $198 million, or $0.47 per share in the third quarter of 2005. Increased earnings were primarily due to stronger base electric and natural gas utility margins from weather-adjusted sales growth, rate increases, and investments in emissions reduction projects. For 2006, Xcel Energy expects earnings from continuing operations to be in the upper half of its guidance range of $1.25 to $1.35 per share and initiated 2007 guidance of $1.35 to $1.45 per share.