Robert  Frenzel net worth and biography

Robert Frenzel Biography and Net Worth

CFO of Xcel Energy

Bob Frenzel is chairman, president, and CEO of Xcel Energy, one of the largest public utilities in the country. The Fortune 500 energy company, headquartered in Minneapolis, serves utility customers in parts of eight states, providing electricity to 3.7 million customers and natural gas service to 2.1 million customers. In 2018, Xcel Energy was the first company to announce a vision to produce carbon-free electricity by 2050.

Prior to becoming CEO, Frenzel served as president and chief operating officer (COO), where he led Xcel Energy’s four utility operating companies, as well as the transmission, distribution and natural gas operations. Previously, he served as chief financial officer, where he led the finance, tax, accounting, and corporate development functions of Xcel Energy and its subsidiary companies. 

Frenzel joined Xcel Energy in 2016 from Energy Future Holdings, Inc., where he served as senior vice president and chief financial officer for Luminant, its competitive power generating subsidiary, and prior to that, senior vice president of Strategy and Corporate Development.

Frenzel previously worked as vice president in the investment banking division of Goldman Sachs, following his tenure as a manager and senior consultant in the strategy, finance and economics practice at Arthur Anderson. After college, he served in the United States Navy for six years, working as a nuclear engineering officer and weapons officer. Following active duty, Frenzel served in the Navy Reserves and was promoted to lieutenant commander.

Frenzel earned his bachelor’s degree in industrial engineering from Georgia Tech and his master’s degree in business administration from the University of Chicago Booth School of Business. He also graduated from the U.S. Navy’s Nuclear Power School.

Frenzel serves as Chairman of the Audit Committee of Patterson Companies, Inc. and Chairman of the Governance Committee of the Children’s Theatre Company.

How old is Robert Frenzel?

Mr. Frenzel is currently 53 years old. There are 6 older executives and no younger executives at Xcel Energy. The oldest executive at Xcel Energy is Mr. Timothy John O'Connor, Executive VP & COO, who is 64 years old. Learn More on Robert Frenzel's age.

How do I contact Robert Frenzel?

The corporate mailing address for Mr. Frenzel and other Xcel Energy executives is 414 NICOLLET MALL, MINNEAPOLIS MN, 55401. Xcel Energy can also be reached via phone at (612) 330-5500 and via email at [email protected]. Learn More on Robert Frenzel's contact information.

Has Robert Frenzel been buying or selling shares of Xcel Energy?

Robert Frenzel has not been actively trading shares of Xcel Energy over the course of the past ninety days. Most recently, Robert Frenzel sold 4,400 shares of the business's stock in a transaction on Tuesday, June 11th. The shares were sold at an average price of $58.60, for a transaction totalling $257,840.00. Learn More on Robert Frenzel's trading history.

Who are Xcel Energy's active insiders?

Xcel Energy's insider roster includes Brett Carter (EVP), Christopher Clark (Insider), David Eves (EVP), Darla Figoli (EVP), Benjamin Fowke III (CEO), Robert Frenzel (CFO), David Hudson (Insider), Timothy O'Connor (EVP), Judy Poferl (SVP), Frank Prager (SVP), Scott Wilensky (EVP), and Kim Williams (Director). Learn More on Xcel Energy's active insiders.

Are insiders buying or selling shares of Xcel Energy?

In the last twelve months, insiders at the sold shares 1 times. They sold a total of 15,625 shares worth more than $1,087,343.75. The most recent insider tranaction occured on April, 28th when EVP Timothy John O'connor sold 15,625 shares worth more than $1,087,343.75. Insiders at Xcel Energy own 0.1% of the company. Learn More about insider trades at Xcel Energy.

Information on this page was last updated on 4/28/2023.

Robert Frenzel Insider Trading History at Xcel Energy

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
6/11/2019Sell4,400$58.60$257,840.00View SEC Filing Icon  
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Robert Frenzel Buying and Selling Activity at Xcel Energy

This chart shows Robert Frenzel's buying and selling at Xcel Energy by year and by quarter.

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Xcel Energy Company Overview

Xcel Energy logo
Xcel Energy Inc., through its subsidiaries, engages in the generation, purchasing, transmission, distribution, and sale of electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through wind, nuclear, hydroelectric, biomass, and solar energy sources, as well as coal, natural gas, oil, wood, and refuse-derived fuels. It also purchases, transports, distributes, and sells natural gas to retail customers, as well as transports customer-owned natural gas. In addition, the company develops and leases natural gas pipelines, and storage and compression facilities; and invests in rental housing projects and nonregulated assets, as well as procures equipment for the construction of renewable generation facilities. It serves residential, commercial, and industrial customers in the portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. The company was incorporated in 1909 and is headquartered in Minneapolis, Minnesota.
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Today's Range

Now: $53.75
Low: $53.39
High: $53.89

50 Day Range

MA: $56.02
Low: $48.44
High: $61.14

2 Week Range

Now: $53.75
Low: $46.79
High: $71.96

Volume

3,050,334 shs

Average Volume

5,784,748 shs

Market Capitalization

$29.84 billion

P/E Ratio

16.74

Dividend Yield

4.17%

Beta

0.36