AI Spotlight on VIA
Company Description
Via Renewables, Inc., through its subsidiaries, operates as an independent retail energy services company in the United States.It operates in two segments, Retail Electricity and Retail Natural Gas.The Retail Electricity segment engages in the transmission and sale of electricity to residential and commercial customers.
The Retail Natural Gas segment is involved in the transportation, distribution, and sale of natural gas to residential and commercial customers.As of March 2, 2022, the company operated in 101 utility service territories across 19 states and the District of Columbia.It has approximately 408,000 residential customer equivalents.
The company was formerly known as Spark Energy, Inc.and changed its name to Via Renewables, Inc.in August 2021.
Via Renewables, Inc.was founded in 1999 and is headquartered in Houston, Texas.
Market Data
Last Price | 10.99 |
Change Percentage | 0.05% |
Open | 10.99 |
Previous Close | 10.99 |
Market Cap ( Millions) | 80 |
Volume | 37531 |
Year High | 11.01 |
Year Low | 5.21 |
M A 50 | 10.85 |
M A 200 | 9.67 |
Financial Ratios
FCF Yield | 72.74% |
Dividend Yield | 13.06% |
ROE | 14.98% |
Debt / Equity | 152.80% |
Net Debt / EBIDTA | 34.15% |
Price To Book | 1.31 |
Price Earnings Ratio | 4.24 |
Price To FCF | 1.37 |
Price To sales | 0.19 |
EV / EBITDA | 1.5 |
News
- Jan -15 - Via Renewables, Inc. Announces Dividend on Preferred Stock and Donation to the American Red Cross to Support People Affected by and First Responders of the California Wildfires
- Oct -16 - Via Renewables, Inc. Announces Dividend on Preferred Stock
- Jul -17 - Via Renewables, Inc. Announces Dividend on Preferred Stock
- Jun -13 - Via Renewables, Inc. Announces Completion of Merger
- Jun -11 - Shareholder Alert: Ademi LLP investigates Via Renewables, Inc.'s transaction with Keith Maxwell controlled Companies
- Jun -07 - Via Renewables, Inc. Shareholders Vote to Approve Merger and Related Matters at Special Meeting
- May -14 - ISS and Glass Lewis Recommend Votes "FOR" The Merger And All Proposals At Upcoming Special Meeting of Shareholders; FERC Approval for Merger Obtained
- May -04 - Via Renewables, Inc. (VIA) Q1 2024 Earnings Call Transcript
- May -01 - Via Renewables, Inc. Reports First Quarter 2024 Financial Results
- Apr -22 - Via Renewables, Inc. to Present First Quarter 2024 Financial Results on Thursday, May 2, 2024
- Apr -17 - Via Renewables, Inc. Announces Dividend on Preferred Stock
- Feb -29 - Via Renewables, Inc. (VIA) Q4 2023 Earnings Call Transcript
- Feb -28 - Via Renewables, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results
- Feb -20 - Via Renewables, Inc. to Present Full Year and Fourth Quarter 2023 Financial Results on Thursday, February 29, 2024
- Jan -17 - Via Renewables, Inc. Announces Dividend on Preferred Stock
- Jan -04 - VIA RENEWABLES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Via Renewables, Inc. - VIA
- Jan -02 - Via Renewables shares rally on CEO bid to take the retail energy services company private
- Jan -02 - VIA Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Via Renewables, Inc. Is Fair to Shareholders
- Jan -02 - Via Renewables rallies on bid by its chief executive to take the retail energy services company private
- Jan -02 - Via Renewables, Inc. Enters into Agreement for all of Its Class A Common Stock to be Acquired at $11.00 Per Share in Cash
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Retail Electricity
Expected Growth : 10.2 %
What the company do ?
Retail Electricity from Via Renewables, Inc. offers clean energy solutions, providing customers with renewable energy certificates, offsetting their electricity usage with wind and solar power.
Why we expect these perspectives ?
Growing demand for renewable energy, increasing adoption of clean energy solutions, and government incentives for sustainable practices drive the growth of Retail Electricity from Via Renewables, Inc.
Segment nΒ°2 -> Retail Natural Gas
Expected Growth : 10.2 %
What the company do ?
Retail Natural Gas from Via Renewables, Inc. offers eco-friendly natural gas options for homes and businesses, supporting renewable energy projects and reducing carbon footprint.
Why we expect these perspectives ?
Growing demand for eco-friendly energy solutions, increasing adoption of renewable energy sources, and government incentives for sustainable practices drive the growth of Via Renewables' retail natural gas market.
Segment nΒ°3 -> Corporate and Other
Expected Growth : 5.2 %
What the company do ?
Corporate and Other from Via Renewables, Inc. refers to the company's non-operating segments, including corporate expenses, interest income, and other miscellaneous items.
Why we expect these perspectives ?
Driven by increasing corporate expenses, interest income, and miscellaneous items, Via Renewables' Corporate and Other segment is expected to grow steadily, fueled by the company's expanding operations and investments in renewable energy.
Via Renewables, Inc. Products
Product Range | What is it ? |
---|---|
Renewable Energy Certificates (RECs) | Via Renewables, Inc. offers Renewable Energy Certificates (RECs) that represent the environmental attributes of one megawatt-hour of renewable energy. |
Solar Renewable Energy Certificates (SRECs) | Via Renewables, Inc. provides Solar Renewable Energy Certificates (SRECs) that represent the environmental attributes of one megawatt-hour of solar energy. |
Wind Renewable Energy Certificates (WRECs) | Via Renewables, Inc. offers Wind Renewable Energy Certificates (WRECs) that represent the environmental attributes of one megawatt-hour of wind energy. |
Carbon Offsets | Via Renewables, Inc. provides carbon offsets that represent the reduction of one metric ton of greenhouse gas emissions. |
Renewable Natural Gas (RNG) | Via Renewables, Inc. offers Renewable Natural Gas (RNG) that is produced from organic waste, such as food waste, agricultural waste, or wastewater treatment plants. |
Sustainability Consulting | Via Renewables, Inc. provides sustainability consulting services to help companies and organizations develop and implement sustainable energy strategies. |
Via Renewables, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Via Renewables, Inc. is medium due to the availability of alternative energy sources such as solar and wind power.
Bargaining Power Of Customers
The bargaining power of customers for Via Renewables, Inc. is low due to the lack of negotiating power of individual customers.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Via Renewables, Inc. is medium due to the presence of multiple suppliers of renewable energy equipment.
Threat Of New Entrants
The threat of new entrants for Via Renewables, Inc. is high due to the relatively low barriers to entry in the renewable energy industry.
Intensity Of Rivalry
The intensity of rivalry for Via Renewables, Inc. is high due to the presence of multiple competitors in the renewable energy industry.
Strength
Capital Structure
Value | |
---|---|
Debt Weight | 41.87% |
Debt Cost | 10.29% |
Equity Weight | 58.13% |
Equity Cost | 10.29% |
WACC | 10.29% |
Leverage | 72.03% |
Via Renewables, Inc. : Quality Control
Via Renewables, Inc. passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
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SPH | Suburban Propane Partners, L.P., through its subsidiaries, engages in the retail marketing and distribution of propane, fuel oil, and refined fuels. The company operates in four segments: Propane, Fuel Oil β¦ |
ETR | Entergy Corporation, together with its subsidiaries, engages in the production and retail distribution of electricity in the United States. The company operates in two segments, Utility and Entergy Wholesale Commodities. β¦ |
DUK | Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through three segments: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and β¦ |
EIX | Edison International, through its subsidiaries, generates and distributes electric power. It delivers electricity to 15 million residential, commercial, industrial, public authorities, agricultural, and other customers across Southern, Central, and Coastal β¦ |
GNE | Genie Energy Ltd., through its subsidiaries, supplies electricity and natural gas to residential and small business customers in the United States, Finland, Sweden, Japan, and internationally. It operates in three β¦ |