Hawaiian Electric (HAWEL)

Hawaiian Electric Industries, Inc. is a holding company, which through its subsidiaries, engages in the electric utility, banking, and renewable/sustainable infrastructure investment businesses. It operates through the following segments: Electric Utility, Bank, and Other. The Electric Utility segment involves in the generation, purchase, transmission, distribution, and sale of electric energy in the islands of Oahu, Hawaii, and Maui, Lanai, and Molokai. The Bank segment offers general banking services to individual and business customers through its branch system. The Other segment refers to corporate-level operating, general, and administrative expenses. The company was founded by C. Dudley Pratt Jr. in 1981 and is headquartered in Honolulu, HI.

Company profile

Ticker

HAWEL, HAWLN

Exchange

OTC

Website

www.hei.com

CEO

Constance H. Lau

Incorporated

Hawaii

Location

Hawaii

Fiscal year end

Dec 31

Sector

Utilities > Electric Utilities

Industry (SIC)

Electric Services

Duke Energy Indiana • NextEra Energy • Alabama Power • Exelon Generation • Edison International • Constellation Energy • Duke Energy Carolinas • Dominion Energy • Tennessee Valley Authority • Virginia Electric & Power ...

Former names

HAWAIIAN ELECTRIC CO LTD

SEC CIK

0000046207

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Hawaiian Electric Industries, Inc. • Hawaiian Electric Company, Inc. • Maui Electric Company, Limited • Hawaii Electric Light Company, Inc. • Renewable Hawaii, Inc. • Uluwehiokama Biofuels Corp. • ASB Hawaii, Inc. • The Old Oahu Tug Service, Inc. • Pacific Current, LLC • Hamakua Holdings, LLC ...

IRS number

990040500

HAWEL stock data

1M 1Y 5Y

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

8 Aug 22

12 Aug 22

31 Dec 22

Financial summary

Financial statements Chart HAWEL financial data

Quarter (USD)	Jun 20	Mar 20	Sep 19	Jun 19
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Operating income
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Net income
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Change in cash
Diluted EPS

Annual (USD)	Dec 19	Dec 18	Dec 17	Dec 16
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Financial data from company earnings reports.

Institutional ownership, Q1 2022

HAWEL institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	0	0
Opened positions	0	0
Closed positions	0	0
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	0	0
Total shares	0	0
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change

Largest transactions	Shares	Bought/sold	Change

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations
Recent developments. In the second quarter of 2022, Hawaii’s 7-day average daily COVID-19 case counts peaked at 1,258 cases and case counts have since receded, recently averaging below 600 cases per day (7-day daily average). Hospitalizations have remained at low levels with approximately 77% of the state’s population fully vaccinated, and approximately 44% of those fully vaccinated received the first booster shot as of July 26, 2022. On March 25, 2022, Hawaii ended its Safe Travels program for domestic U.S. travelers and its indoor mask mandate. On June 12, 2022, the U.S. Centers for Disease Control and Prevention ended the requirement that required air passengers traveling from a foreign country to the United States to show a negative COVID-19 test before boarding their flight.
As a result of the removal of COVID restrictions, domestic tourism has recovered to pre-pandemic levels with June 2022 domestic passenger counts up more than 5% of the domestic passenger counts in June 2019. However, the number of international travelers remains below pre-pandemic levels with June 2022 passenger counts down approximately 72% from the total number of international travelers in June 2019.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: ac, aforementioned, air, Asia, asymmetrical, attempt, booster, bridge, checkout, comply, coupon, coverage, CSSM, desire, detailed, Disease, displacement, disposition, drew, enlargement, Fast, feedstock, flight, fluctuate, formula, gap, Green, guarantor, Hybrid, IIJA, incentivize, kV, lieu, machinery, milestone, modestly, nonrefundable, overhead, properly, recession, reclassified, reclassify, relocation, requisite, SDP, shorter, simple, slightly, speculative, SSM, subtractive, swap, switchyard, tight, timeframe, transpired, unsupported, upcoming, Waena, wave

Removed: advancing, catalyst, concurrent, Delta, DOH, embedded, encompassed, esg, essential, explicitly, human, indexed, inextricably, influence, isolated, loosening, middle, misunderstanding, Mod, Nominating, Ocean, prolonged, reaching, Reform, REIP, responsibility, Robust, SASB, scenario, served, steadily, Street, sustainability, Task, temperature, understand, variant, voluntarily, Wall, woven

From filing 10-Q 2022 Q2

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