Form 8-K - Current report

false0000065984CHXUS0000007323US0001348952US0000066901US0000071508US0001427437US0000202584US00000659842024-12-202024-12-200000065984etr:EntergyNewOrleansMember2024-12-202024-12-200000065984etr:EntergyArkansasMember2024-12-202024-12-200000065984etr:EntergyTexasMember2024-12-202024-12-200000065984etr:EntergyLouisianaMember2024-12-202024-12-200000065984etr:SystemEnergyMember2024-12-202024-12-200000065984etr:EntergyMississippiMember2024-12-202024-12-200000065984exch:XNYS2024-12-202024-12-200000065984exch:XCHI2024-12-202024-12-200000065984etr:EntergyArkansasMemberexch:XNYSetr:MortgageBonds4875SeriesDueSeptember2066Member2024-12-202024-12-200000065984etr:EntergyLouisianaMemberexch:XNYSetr:MortgageBonds4875SeriesDueSeptember2066Member2024-12-202024-12-200000065984etr:EntergyMississippiMemberexch:XNYSetr:MortgageBonds490SeriesDueOctober2066Member2024-12-202024-12-200000065984etr:EntergyNewOrleansMemberexch:XNYSetr:MortgageBonds50SeriesDueDecember2052Member2024-12-202024-12-200000065984etr:EntergyNewOrleansMemberexch:XNYSetr:MortgageBonds550SeriesDueApril2066Member2024-12-202024-12-200000065984etr:EntergyTexasMemberexch:XNYSetr:A5.375SeriesAPreferredStockCumulativeNoParValueMember2024-12-202024-12-20

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) December 20, 2024

Commission File Number			Registrant, State of Incorporation or Organization, Address of Principal Executive Offices, Telephone Number, and IRS Employer Identification No.						Commission File Number			Registrant, State of Incorporation or Organization, Address of Principal Executive Offices, Telephone Number, and IRS Employer Identification No.
1-11299			ENTERGY CORPORATION						1-35747			ENTERGY NEW ORLEANS, LLC
			(a Delaware corporation) 639 Loyola Avenue New Orleans, Louisiana 70113 Telephone [phone]									(a Texas limited liability company) 1600 Perdido Street New Orleans, Louisiana 70112 Telephone [phone]
			72-1229752									82-2212934
1-10764			ENTERGY ARKANSAS, LLC						1-34360			ENTERGY TEXAS, INC.
			(a Texas limited liability company) 425 West Capitol Avenue Little Rock, Arkansas 72201 Telephone [phone]									(a Texas corporation) 2107 Research Forest Drive The Woodlands, Texas 77380 Telephone [phone]
			83-1918668									61-1435798
1-32718			ENTERGY LOUISIANA, LLC						1-09067			SYSTEM ENERGY RESOURCES, INC.
			(a Texas limited liability company) 4809 Jefferson Highway Jefferson, Louisiana 70121 Telephone [phone]									(an Arkansas corporation) 1340 Echelon Parkway Jackson, Mississippi 39213 Telephone [phone]
			47-4469646									72-0752777
1-31508			ENTERGY MISSISSIPPI, LLC
			(a Texas limited liability company) 308 East Pearl Street Jackson, Mississippi 39201 Telephone [phone]
			83-1950019

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

---

Securities registered pursuant to Section 12(b) of the Act:

Registrant			Title of Class			Trading Symbol			Name of Each Exchange on Which Registered
Entergy Corporation			Common Stock, $0.01 Par Value			ETR			New York Stock Exchange
			Common Stock, $0.01 Par Value			ETR			NYSE Chicago, Inc.
Entergy Arkansas, LLC			Mortgage Bonds, 4.875% Series due September 2066			EAI			New York Stock Exchange
Entergy Louisiana, LLC			Mortgage Bonds, 4.875% Series due September 2066			ELC			New York Stock Exchange
Entergy Mississippi, LLC			Mortgage Bonds, 4.90% Series due October 2066			EMP			New York Stock Exchange
Entergy New Orleans, LLC			Mortgage Bonds, 5.0% Series due December 2052			ENJ			New York Stock Exchange
			Mortgage Bonds, 5.50% Series due April 2066			ENO			New York Stock Exchange
Entergy Texas, Inc.			5.375% Series A Preferred Stock, Cumulative, No Par Value (Liquidation Value $25 Per Share)			ETI/PR			New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.     ☐

---

Item 7.01. Regulation FD Disclosure

Entergy Corporation (“Entergy”) does not expect the settlement described in Item 8.01 below to have a material impact on its earnings for the fourth quarter of 2024. Entergy also affirms its previously published adjusted earnings per share and credit outlooks.

Cautionary Note Regarding Forward-Looking Statements

Entergy’s statements regarding the expected earnings impact of the settlement and Entergy’s adjusted earnings per share and credit outlooks are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this Report. Except to the extent required by the federal securities laws, Entergy undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Such forward-looking statements are subject to a number of risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied in such forward-looking statements, including (a) those factors discussed elsewhere in this presentation and in Entergy’s most recent Annual Report on Form 10-K, any subsequent Quarterly Reports on Form 10-Q, and Entergy’s other reports and filings made under the Securities Exchange Act of 1934; (b) uncertainties associated with (1) rate proceedings, formula rate plans, and other cost recovery mechanisms, including the risk that costs may not be recoverable to the extent or on the timeline anticipated by the utilities and (2) implementation of the ratemaking effects of changes in law; (c) uncertainties associated with (1) realizing the benefits of its resilience plan, including impacts of the frequency and intensity of future storms and storm paths, as well as the pace of project completion and (2) efforts to remediate the effects of major storms and recover related restoration costs; (d) risks associated with operating nuclear facilities, including plant relicensing, operating, and regulatory costs and risks; (e) changes in decommissioning trust values or earnings or in the timing or cost of decommissioning Entergy’s nuclear plant sites; (f) legislative and regulatory actions and risks and uncertainties associated with claims or litigation by or against Entergy and its subsidiaries; (g) risks and uncertainties associated with executing on business strategies, including (1) strategic transactions that Entergy or its subsidiaries may undertake and the risk that any such transaction may not be completed as and when expected and the risk that the anticipated benefits of the transaction may not be realized, and (2) Entergy’s ability to meet the rapidly growing demand for electricity, including from hyperscale data center and other large customers, and to manage the impacts of such growth on customers and Entergy’s business; (h) direct and indirect impacts to Entergy or its customers from pandemics, terrorist attacks, geopolitical conflicts, cybersecurity threats, data security breaches, or other attempts to disrupt Entergy’s business or operations, and/or other catastrophic events; and (i) effects on Entergy or its customers of (1) changes in federal, state, or local laws and regulations and other governmental actions or policies, including changes in monetary, fiscal, tax, environmental, or energy policies; (2) changes in commodity markets, capital markets, or economic conditions; and (3) technological change, including the costs, pace of development, and commercialization of new and emerging technologies.

---

Item 8.01 Other Events

On December 20 2024, Entergy reached a settlement with the U.S. Securities and Exchange Commission (the “SEC”) to resolve the previously disclosed SEC investigation into the company’s internal controls and books and records concerning potential surplus materials and supplies inventory.

Under the settlement terms, in which Entergy neither admits nor denies the SEC’s findings, the company will pay a $12 million civil penalty, which previously had been fully accrued. The settlement is subject to approval by a U.S. District Court.

As part of its inventory management processes, Entergy had previously engaged outside consultants to help optimize the company’s materials and supplies inventory. More recently, the company reevaluated and strengthened its processes and controls for identifying and dispositioning surplus materials and supplies. Entergy has now implemented these enhanced processes and controls, which did not result in a material change in the value of its materials and supplies inventory. As part of the settlement, Entergy will engage an independent consultant to evaluate these enhanced processes and controls.

---

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, each registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Entergy Corporation

Entergy Arkansas, LLC

Entergy Louisiana, LLC

Entergy Mississippi, LLC

Entergy New Orleans, LLC

Entergy Texas, Inc.

System Energy Resources, Inc.

By: /s/ Marcus V. Brown
Marcus V. Brown
Executive Vice President and General Counsel

Dated: December 20, 2024

Document and Entity Information Document	Dec. 20, 2024
Document Type	8-K
Document Period End Date	Dec. 20, 2024
Amendment Flag	false
Entity File Number	1-11299
Registrant Name	ENTERGY CORPORATION
Entity Tax Identification Number	72-1229752
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	639 Loyola Avenue
Entity Address, City or Town	New Orleans
Entity Address, State or Province	LA
Entity Address, Country	US
Entity Address, Postal Zip Code	70113
City Area Code	504
Local Phone Number	576-4000
Central Index Key	0000065984
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity Emerging Growth Company	false
NEW YORK STOCK EXCHANGE, INC. [Member]
Title of 12(b) Security	Common Stock, $0.01 Par Value
Trading Symbol	ETR
Security Exchange Name	NYSE
NYSE CHICAGO, INC. [Member]
Title of 12(b) Security	Common Stock, $0.01 Par Value
Trading Symbol	ETR
Security Exchange Name	CHX
Entergy New Orleans [Member]
Entity File Number	1-35747
Registrant Name	ENTERGY NEW ORLEANS, LLC
Entity Tax Identification Number	82-2212934
Entity Incorporation, State or Country Code	TX
Entity Address, Address Line One	1600 Perdido Street
Entity Address, City or Town	New Orleans
Entity Address, State or Province	LA
Entity Address, Country	US
Entity Address, Postal Zip Code	70112
City Area Code	504
Local Phone Number	670-3702
Central Index Key	0000071508
Entity Emerging Growth Company	false
Entergy Arkansas [Member]
Entity File Number	1-10764
Registrant Name	ENTERGY ARKANSAS, LLC
Entity Tax Identification Number	83-1918668
Entity Incorporation, State or Country Code	TX
Entity Address, Address Line One	425 West Capitol Avenue
Entity Address, City or Town	Little Rock
Entity Address, State or Province	AR
Entity Address, Country	US
Entity Address, Postal Zip Code	72201
City Area Code	501
Local Phone Number	377-4000
Central Index Key	0000007323
Entity Emerging Growth Company	false
Entergy Texas [Member]
Entity File Number	1-34360
Registrant Name	ENTERGY TEXAS, INC.
Entity Tax Identification Number	61-1435798
Entity Incorporation, State or Country Code	TX
Entity Address, Address Line One	2107 Research Forest Drive
Entity Address, City or Town	The Woodlands
Entity Address, State or Province	TX
Entity Address, Country	US
Entity Address, Postal Zip Code	77380
City Area Code	409
Local Phone Number	981-2000
Central Index Key	0001427437
Entity Emerging Growth Company	false
Entergy Louisiana [Member]
Entity File Number	1-32718
Registrant Name	ENTERGY LOUISIANA, LLC
Entity Tax Identification Number	47-4469646
Entity Incorporation, State or Country Code	TX
Entity Address, Address Line One	4809 Jefferson Highway
Entity Address, City or Town	Jefferson
Entity Address, State or Province	LA
Entity Address, Country	US
Entity Address, Postal Zip Code	70121
City Area Code	504
Local Phone Number	576-4000
Central Index Key	0001348952
Entity Emerging Growth Company	false
System Energy [Member]
Entity File Number	1-09067
Registrant Name	SYSTEM ENERGY RESOURCES, INC.
Entity Tax Identification Number	72-0752777
Entity Incorporation, State or Country Code	AR
Entity Address, Address Line One	1340 Echelon Parkway
Entity Address, City or Town	Jackson
Entity Address, State or Province	MS
Entity Address, Country	US
Entity Address, Postal Zip Code	39213
City Area Code	601
Local Phone Number	368-5000
Central Index Key	0000202584
Entity Emerging Growth Company	false
Entergy Mississippi [Member]
Entity File Number	1-31508
Registrant Name	ENTERGY MISSISSIPPI, LLC
Entity Tax Identification Number	83-1950019
Entity Incorporation, State or Country Code	TX
Entity Address, Address Line One	308 East Pearl Street
Entity Address, City or Town	Jackson
Entity Address, State or Province	MS
Entity Address, Country	US
Entity Address, Postal Zip Code	39201
City Area Code	601
Local Phone Number	368-5000
Central Index Key	0000066901
Entity Emerging Growth Company	false
5.375% Series A Preferred Stock, Cumulative, No Par Value [Member] | Entergy Texas [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]
Title of 12(b) Security	5.375% Series A Preferred Stock, Cumulative, No Par Value (Liquidation Value $25 Per Share)
Trading Symbol	ETI/PR
Security Exchange Name	NYSE
Mortgage Bonds, 4.875% Series due September 2066 [Member] | Entergy Arkansas [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]
Title of 12(b) Security	Mortgage Bonds, 4.875% Series due September 2066
Trading Symbol	EAI
Security Exchange Name	NYSE
Mortgage Bonds, 4.875% Series due September 2066 [Member] | Entergy Louisiana [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]
Title of 12(b) Security	Mortgage Bonds, 4.875% Series due September 2066
Trading Symbol	ELC
Security Exchange Name	NYSE
Mortgage Bonds, 4.90% Series due October 2066 [Member] | Entergy Mississippi [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]
Title of 12(b) Security	Mortgage Bonds, 4.90% Series due October 2066
Trading Symbol	EMP
Security Exchange Name	NYSE
Mortgage Bonds, 5.0% Series due December 2052 [Member] | Entergy New Orleans [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]
Title of 12(b) Security	Mortgage Bonds, 5.0% Series due December 2052
Trading Symbol	ENJ
Security Exchange Name	NYSE
Mortgage Bonds, 5.50% Series due April 2066 [Member] | Entergy New Orleans [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]
Title of 12(b) Security	Mortgage Bonds, 5.50% Series due April 2066
Trading Symbol	ENO
Security Exchange Name	NYSE

---