Entergy appoints Lewis Ropp to board of directors

NEW ORLEANS - Entergy Corporation (NYSE:ETR), a utility company currently trading near its 52-week high with a market capitalization of $37.9 billion, announced Monday that R. Lewis Ropp has been elected as an independent director, effective August 15, expanding the board to 11 members. According to InvestingPro analysis, the company maintains a GOOD financial health score and has demonstrated impressive performance with a 60% return over the past year.

Ropp, 66, recently retired as senior equity partner and senior managing director of Barrow Hanley Global Investors, a Dallas-based energy investment firm that has historically been one of Entergy’s largest institutional investors. At Barrow Hanley, he managed over $5 billion in assets and served on the Executive Committee from 2017 to 2024. Notably, Ropp joins Entergy at a time when the company has maintained dividend payments for 38 consecutive years and raised them for the past decade, as revealed by InvestingPro data.

The Louisiana native brings experience in both finance and energy operations. He previously worked as a research analyst covering exploration and production companies at Howard, Weil, Labouisse, Freidrichs, Inc. and Frost Securities, Inc. His career began in 1981 as an operations manager in the oil and gas industry, followed by roles at Baker Hughes Company and Shell Oil Company.

"Lewis has extensive experience in both the finance industry and energy operations, along with a deep understanding of the opportunities facing our industry," said Drew Marsh, Entergy chair and CEO, in the press release.

Ropp holds an MBA and a Master of Science in Engineering from Tulane University and a Bachelor of Science in Mechanical Engineering from the University of Louisiana. He currently serves on the board of directors of Magnolia Oil & Gas Company and will join Entergy’s audit and corporate governance committees.

Entergy, a Fortune 500 company headquartered in New Orleans, provides electricity to 3 million customers across Arkansas, Louisiana, Mississippi and Texas through its operating companies. The utility giant generally trades with low price volatility and is expected to remain profitable this year, with its next earnings report due on July 30. For deeper insights into Entergy’s financial health and comprehensive analysis, investors can access the detailed Pro Research Report available on InvestingPro, which covers over 1,400 US stocks.

In other recent news, Entergy Corporation reported its first-quarter earnings for 2025, showing a mixed financial performance. The company exceeded expectations with an adjusted earnings per share (EPS) of $0.82, surpassing the forecast of $0.69. However, revenue fell short, reaching $3.02 billion compared to the anticipated $3.08 billion. Additionally, Entergy has completed the sale of its natural gas distribution business to Delta Utilities, a move that involved approximately 3,700 miles of natural gas pipelines and 2,200 miles of service lines. This transaction, which has received all necessary regulatory approvals, impacts a substantial number of homes and businesses in the Baton Rouge and New Orleans areas. Furthermore, Entergy settled forward sale agreements, delivering about 15.56 million shares of its common stock and securing cash proceeds of approximately $806 million. This settlement is part of an equity distribution program initiated in January 2021. These developments reflect Entergy’s ongoing strategic financial maneuvers and operational adjustments.

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