Welcome to our dedicated page for Evergy news (Ticker: EVRG), a resource for investors and traders seeking the latest updates and insights on Evergy stock.
Evergy Inc. (EVRG) provides essential electric services to 1.6 million customers across Kansas and Missouri through its regulated utility operations. This page aggregates official company announcements, financial disclosures, and energy sector developments for stakeholders tracking this regional power provider.
Key Resources Include: Quarterly earnings calls, regulatory filings with state commissions, infrastructure investment updates, and renewable energy initiatives. Users gain centralized access to operational updates spanning generation mix adjustments, rate case decisions, and grid modernization projects.
Strategic Monitoring Points: Track evolving energy policies impacting Midwest utilities, capital expenditure plans for transmission networks, and progress toward sustainability targets. Content is curated to support analysis of Evergy's position in the transitioning energy sector.
Bookmark this page for streamlined access to EVRG's latest developments, including merger activity reports, dividend declarations, and weather-related operational updates affecting service territories.
Evergy, Inc. (NYSE: EVRG) reported a third-quarter 2022 GAAP EPS of $1.86 and adjusted EPS of $2.01, reflecting a year-over-year decrease in GAAP earnings. Adjusted earnings increased slightly compared to Q3 2021. The company announced a 7% increase in its quarterly dividend to $0.6125 per share, payable on December 20, 2022. Evergy revised its 2022 GAAP EPS guidance to a range of $3.33 to $3.43 and narrowed its adjusted EPS guidance to $3.53 to $3.63. The results were driven by higher demand and favorable weather, offset by higher expenses related to depreciation and interest.
Evergy has partnered with Ericsson and Burns & McDonnell to implement a private LTE network aimed at modernizing its grid operations. Awarded in March 2022, the project includes 20 PLTE sites with the first site operational by May 2022. This initiative is designed to enhance reliability and safety while reducing latency for critical applications. The collaboration has expedited the deployment, allowing Evergy to leverage both LTE and future 5G technologies, thus enabling smarter utility operations and fulfilling its Sustainability Transformation Plan.
Evergy, Inc. (NYSE: EVRG) announced the release of its Q3 2022 earnings on November 4, 2022, before the market opens. The company will host a conference call and audio webcast on the same day at 9:00 a.m. Eastern to discuss its financial results. Supplemental financial information regarding its quarterly performance will also be made available on its investor relations website. Evergy serves approximately 1.6 million customers in Kansas and Missouri, focusing on reliable and sustainable energy while reducing environmental impact.
Evergy has acquired the 199 MW Persimmon Creek Wind Farm in Oklahoma for approximately $250 million from Scout Clean Energy and Elawan Energy. The project, which has been operational since 2018, includes 80 General Electric turbines and spans 17,000 acres. The acquisition aims to enhance Evergy's renewable energy portfolio, providing carbon-free energy to its customers in Kansas and Missouri. The sale is expected to close in Q1 2023, pending regulatory approvals.
Evergy has announced the acquisition of the Persimmon Creek Wind Farm in Oklahoma for approximately $250 million. This 199-megawatt facility aims to enhance Evergy's renewable energy offerings in the Missouri region, serving the Evergy Missouri West service area. With plans to add over 3,500 MW of renewable energy in the next decade and achieve a 70% carbon reduction by 2030, the company is committed to sustainable and reliable energy. The deal, expected to close by early 2023, is subject to regulatory approvals.
Evergy, Inc. (NYSE: EVRG) reported second-quarter 2022 GAAP earnings of $195 million, or $0.84 per share, a rise from $185 million or $0.81 per share in Q2 2021. Adjusted EPS was $0.86, up from $0.85 year-over-year. The company continues to forecast a 2022 adjusted EPS of $3.43 to $3.63. A quarterly dividend of $0.5725 per share is declared, payable on September 20, 2022. Evergy's performance was boosted by increased demand and weather conditions, although higher operational expenses were noted.
Evergy, Inc. (NYSE: EVRG) will release its Q2 2022 earnings on August 4, 2022, before markets open. The company will host a conference call at 9:00 a.m. Eastern to discuss the results. Interested parties can view the webcast on the investors.evergy.com website. Additional financial information will also be available on their website. Evergy serves 1.6 million customers in Kansas and Missouri, focusing on reliable, affordable, and sustainable energy solutions.
Spire and Evergy have launched the Pay As You Save® (PAYS) program in Missouri, enabling customers to make energy-efficiency upgrades with minimal upfront costs. This collaboration allows for upgrades like air conditioners and insulation, financed through fixed monthly utility charges. Customers can benefit from a free energy assessment to identify cost-effective improvements. The program aims to lower utility bills while enhancing energy efficiency. Notably, this is the first joint offering between Spire and Evergy, expanding access to energy-saving strategies for customers.
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