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Enviva Inc. Stock Price, News & Analysis

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Welcome to our dedicated page for Enviva news (Ticker: EVA), a resource for investors and traders seeking the latest updates and insights on Enviva stock.

Enviva Inc. (NYSE: EVA) drives innovation in sustainable biomass solutions, producing wood pellets that power renewable energy generation worldwide. This dedicated news hub provides investors and industry professionals with essential updates on corporate developments, operational milestones, and strategic initiatives shaping the biomass energy sector.

Key Resources: Access curated press releases covering earnings reports, supply chain expansions, sustainability achievements, and partnership announcements. Our collection spans operational updates from production facilities to market analyses relevant to renewable energy stakeholders.

Strategic Insights: Track Enviva's progress in maintaining its position as a leader in wood pellet manufacturing through vertically integrated operations and long-term supply contracts with global energy producers. Regular updates include regulatory compliance developments and technological advancements in biomass processing.

Stay Informed: Bookmark this page for streamlined access to verified information about Enviva's role in the renewable energy transition. Check back frequently for objective reporting on biomass market trends directly impacting the company's operational landscape.

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Enviva Inc. (NYSE: EVA) announced its management team's virtual participation in the Barclays Midstream & Clean Infrastructure Corporate Access Days on March 2, 2022. Attendees can download presentation materials from the company's investor relations website. Enviva is the largest producer of industrial wood pellets, with a production capacity of approximately 6.2 million metric tons per year across ten plants in the U.S. The company plays a vital role in the energy transition, supplying wood pellets to global markets through various deep-water terminals.

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Enviva Inc. (NYSE: EVA) announced that its 2021 tax packages, including Schedule K-1, will be available online starting March 15, 2022. Investors can access their tax packages through the Enviva Tax Package Support website or the Investor Relations section of Enviva's website. The company will commence mailing these packages during the week of March 14, 2022. Notably, Enviva will cease issuing tax packages for subsequent years following its conversion from a master limited partnership to a corporation on December 31, 2021.

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Enviva Inc. (NYSE: EVA) has declared a quarterly dividend of $0.86 per common share for Q4 2021, resulting in an annual dividend of $3.30, reflecting a 10.3% increase from Q4 2020. The dividend will be paid on February 25, 2022, to shareholders of record by February 14, 2022. The company maintains its 2022 dividend guidance at $3.62 per share, indicating another 10% growth. CEO John Keppler notes significant growth opportunities due to global decarbonization efforts.

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Enviva Inc. (NYSE: EVA) has scheduled a conference call on March 1, 2022, at 10:00 a.m. Eastern Time to discuss its fourth-quarter and full-year 2021 financial results. Investors can join by calling (877) 883-0383 in the U.S. or +1 (412) 902-6506 internationally, using Participant Entry Number 7646043. The call will also be accessible via webcast through the Investor Relations section of Enviva's website. Replays of the call will be available online for a year.

Enviva is recognized as the world’s largest producer of industrial wood pellets.

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Enviva Inc. (NYSE: EVA) has priced an underwritten public offering of 4,300,000 common shares at $70.00 each, with a 30-day option for underwriters to purchase an additional 645,000 shares. The offering is set to close on January 24, 2022, subject to customary conditions. Net proceeds will be allocated for general corporate purposes, including capital expenditures and temporary debt repayment. The offering is conducted under an effective shelf registration with the SEC.

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Enviva Inc. (NYSE: EVA) has initiated an underwritten public offering of 4,300,000 common shares, with an option for underwriters to purchase an additional 645,000 shares. The net proceeds will be utilized for general corporate purposes, including funding capital expenditures and temporarily repaying debt. The offering is conducted under an effective shelf registration statement with the SEC since January 19, 2022. Major financial institutions are involved as joint book-running managers, indicating strong market support for this offering.

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Enviva Inc. (NYSE: EVA) announced an MOU with its first U.S. customer and plans to double production capacity to approximately 13 million metric tons per year within five years. The company is accelerating its expansion with new plants in Pascagoula, Mississippi, Savannah, Georgia, and the mid-Atlantic region. Preliminary financial results for 2021 show a projected adjusted EBITDA of $225-$230 million and a dividend of $3.30 per share. Enviva’s customer sales pipeline exceeds $40 billion, bolstered by the recent agreements, positioning the company for growth in the biofuel sector.

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Enviva Inc. (NYSE: EVA) marks its first full trading day as a corporation after converting from Enviva Partners, LP on December 31, 2021. The company appointed three new board members: Eva T. Zlotnicka, Martin N. Davidson, Ph.D., and Fauzul Lakhani, aiming to enhance its leadership for anticipated growth in sustainable wood energy markets. Roxanne Klein has been appointed Chief Human Resources Officer, while co-founder Thomas Meth becomes Chief Commercial Officer. The management emphasizes a commitment to sustainability and capital market expertise to drive long-term success.

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On January 3, 2022, Enviva Inc. (NYSE: EVA) commenced trading following its conversion from a master limited partnership to a corporation. This conversion, approved by unitholders on December 17, 2021, exchanged each limited partnership unit for one share of common stock. Enviva anticipates a quarterly dividend of $0.905, totaling $3.62 for 2022. The company, which is the largest producer of industrial wood pellets globally, aims to support energy transitions and sustainable solutions while enhancing its corporate structure.

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TortoiseEcofin has announced that Enviva Partners, LP (EVA) will be removed from the Tortoise MLP Index due to its corporate structure change from a limited partnership to a corporation. This removal will take effect at market open on January 3, 2022, following a special rebalance at market close on December 31, 2021. The change is triggered by corporate actions that affect the index's weighting, exceeding a 7.5% threshold. The Tortoise MLP Index is a capitalization-weighted index comprised of energy MLPs.

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FAQ

What is the current stock price of Enviva (EVA)?

The current stock price of Enviva (EVA) is $0.4198 as of October 3, 2024.

What is the market cap of Enviva (EVA)?

The market cap of Enviva (EVA) is approximately 31.3M.
Enviva Inc.

NYSE:EVA

EVA Rankings

EVA Stock Data

31.27M
74.50M
Bituminous Coal and Lignite Surface Mining
Lumber & Wood Products (no Furniture)
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