Entergy Corp Completes Sale of Natural Gas Distribution Business

Entergy Corp has completed the sale of its natural gas distribution business to Delta Utilities. This transaction has received necessary regulatory approvals.

Transaction Details

• The sale aligns with Entergy’s focus on its growing electric utility business.
• The transaction marks a significant milestone for Entergy Corp.

Stock Performance

Entergy Corp’s stock price has shown an increase over the past three years. Key statistics include:

• Initial investment value growth: nearly 50%
• Timeframe: past three years

Strategic Focus

The sale of the natural gas business is expected to support Entergy’s strategic focus on its electric utility operations.