FMP

FMP

Enter

Severe storms earlier this week have left more than 268,000 homes and businesses without power across Texas, Louisiana, and Arkansas as of late Thursday. The nu

Power Outages Persist in Texas, Louisiana, and Arkansas After Severe Storms

-

twitterlinkedinfacebook
blog post cover photo

Image credit: Max Bender

Severe storms earlier this week have left more than 268,000 homes and businesses without power across Texas, Louisiana, and Arkansas as of late Thursday. The number of outages has decreased from a peak of over 939,000 on Tuesday, which affected several states from Texas to Kentucky.

Storm Impact and Casualties

Tornado-spawning thunderstorms swept through the Southern Plains and the Ozark Mountains over the Memorial Day holiday weekend, resulting in at least 21 fatalities across four U.S. states.

Outages by Region

  • Texas: Power company Oncor, a unit of California-based Sempra Energy (NYSE)

    reported the highest number of outages, with over 135,000 customers without power in the Dallas-Fort Worth area

  • Restoration Efforts: Oncor has restored power to over 500,000 customers so far. However, ongoing heavy rain, thunder, lightning, and flooding continue to pose challenges to the restoration efforts in several communities.

Broader Impacts

These severe weather events highlight the vulnerability of infrastructure to extreme weather conditions and the importance of robust disaster preparedness and response strategies.

CTA: For real-time data on power outages, financial impacts, and related economic indicators, visit https://site.financialmodelingprep.com/developer/docs. Leverage our API for comprehensive insights to stay informed and prepared.

Other Blogs

Jan 16, 2024 4:18 PM - Samuel Abdelshahid

Budget-Friendly Trading Laptops: Maximizing Value without Compromising Performance

In the hustle and bustle of the trading world, having a trustworthy laptop is like having a reliable partner by your side. Making well-informed decisions and staying ahead of market trends become second nature with the right device.  However, the quest for a budget-friendly trading laptop t...

blog post title

Jan 21, 2024 4:00 AM - Parth Sanghvi

Understanding Profitability Metrics: Exploring ROE, ROA, and Net Profit Margin

Introduction: In the world of financial analysis, a profound grasp of essential profitability metrics is vital. This blog delves into three pivotal metrics—ROE (Return on Equity), ROA (Return on Assets), and Net Profit Margin—offering clear insights without unnecessary complexity. Exploring RO...

blog post title

May 14, 2024 11:41 AM - Sanzhi Kobzhan

The easiest way to calculate stock’s target price and why the target price is important.

A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...

blog post title
FMP

FMP

Financial Modeling Prep API provides real time stock price, company financial statements, major index prices, stock historical data, forex real time rate and cryptocurrencies. Financial Modeling Prep stock price API is in real time, the company reports can be found in quarter or annual format, and goes back 30 years in history.
twitterlinkedinfacebookinstagram
2017-2024 © Financial Modeling Prep