Docoh
Loading...

AVA Avista

Avista Corp. is an energy company involved in the production, transmission and distribution of energy as well as other energy-related businesses. Avista Utilities is our operating division that provides electric service to 397,000 customers and natural gas to 363,000 customers. Its service territory covers 30,000 square miles in eastern Washington, northern Idaho and parts of southern and eastern Oregon, with a population of 1.6 million. Alaska Energy and Resources Company is an Avista subsidiary that provides retail electric service in the city and borough of Juneau, Alaska, through its subsidiary Alaska Electric Light and Power Company. Avista stock is traded under the ticker symbol 'AVA.'

Company profile

Ticker
AVA
Exchange
CEO
Dennis Vermillion
Employees
Incorporated
Location
Fiscal year end
Former names
WASHINGTON WATER POWER CO
SEC CIK
IRS number
910462470

AVA stock data

(
)

Calendar

4 May 21
28 Jul 21
31 Dec 21
Quarter (USD)
Mar 21 Dec 20 Sep 20 Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Avista earnings reports.

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
23 Jun 21 Taylor R John Common Stock held in Director Deferral Plan Other Dispose J Yes No 43.94 5,496 241.49K 0
10 Jun 21 Blake Kristianne Common Stock Sell Dispose S No No 45.15 9,775 441.34K 9,477
3 Jun 21 Taylor R John Common Stock Sell Dispose S Yes No 44.86 600 26.92K 0
2 Jun 21 Scott L Morris Common Stock Sell Dispose S No No 45.11 10,000 451.1K 136,675
13 May 21 Blake Kristianne Common Stock Grant Aquire A No No 45.69 1,969 89.96K 19,252

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

83.3% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 244 232 +5.2%
Opened positions 37 28 +32.1%
Closed positions 25 37 -32.4%
Increased positions 77 80 -3.8%
Reduced positions 81 76 +6.6%
13F shares
Current Prev Q Change
Total value 2.76B 2.33B +18.5%
Total shares 57.77M 57.99M -0.4%
Total puts 7.4K 0 NEW
Total calls 24.5K 8.9K +175.3%
Total put/call ratio 0.3
Largest owners
Shares Value Change
BLK Blackrock 12.86M $614.27M +4.7%
Vanguard 7.83M $373.88M +3.4%
Public Sector Pension Investment Board 5.12M $244.3M -0.2%
STT State Street 2.39M $114.12M +2.1%
Nuance Investments 1.86M $88.64M +39.8%
IVZ Invesco 1.82M $86.73M +26.4%
BK Bank Of New York Mellon 1.74M $83.02M -0.7%
Hotchkis & Wiley Capital Management 1.47M $70.37M +6.4%
First Trust Advisors 1.38M $66M -7.4%
Dimensional Fund Advisors 1.3M $62.03M -0.0%
Largest transactions
Shares Bought/sold Change
Mitsubishi UFJ Trust & Banking 1.1M -1.42M -56.3%
BLK Blackrock 12.86M +573.96K +4.7%
Nuance Investments 1.86M +528.59K +39.8%
Renaissance Technologies 786.73K -495.84K -38.7%
Norges Bank 0 -482.61K EXIT
Allianz Asset Management GmbH 415.46K +415.46K NEW
IVZ Invesco 1.82M +379.1K +26.4%
Vanguard 7.83M +256.71K +3.4%
Acadian Asset Management 0 -225.25K EXIT
C Citigroup 594.81K -161.96K -21.4%

Financial report summary

?
Management Discussion
  • During the first quarter of 2021, when compared to normal, we did not experience a material variation in total loads due to COVID-19; however, we did observe increases in residential loads offset by decreases in commercial loads. We expect continued economic recovery and improvement in employment through the remainder of 2021. We have decoupling and other regulatory mechanisms in Washington, Idaho and Oregon, which mitigate the impact of changes in loads and revenues for residential and certain commercial customer classes. Over 90 percent of our utility revenue is covered by regulatory mechanisms.
  • Customer disconnections for non-payment in our Washington and Oregon jurisdictions continue to be suspended. In Washington, there is a moratorium on disconnections for residential and commercial customers until July 31, 2021. In Oregon, there is a moratorium on disconnections for residential customers until June 30, 2021.
  • We are offsetting some of the negative impacts of COVID-19 (primarily an increase in bad debt expense) at Avista Utilities with cost savings and benefits from the Coronavirus Aid, Relief, and Economic Security Act. We have received accounting orders in each of our jurisdictions to defer the recognition of COVID-19 expenses as well as identified cost savings of other COVID-19 related benefits. As of March 31, 2021, we have deferred a cumulative regulatory asset of $11.8 million and a cumulative regulatory liability of $11.6 million for COVID-19 related items among all jurisdictions. As of December 31, 2020, we had deferred a cumulative regulatory asset of $8.2 million and a cumulative regulatory liability of $10.9 million among all jurisdictions.
Content analysis
?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: accommodation, affordability, affordable, arbitration, arbitrator, arisen, Assistant, bring, CAA, CETA, Chelan, clear, closer, Code, cold, colder, Columbia, commenced, comment, compel, constitutionality, content, country, CPP, deceptive, deficit, desired, disapprove, District, effectuate, emitting, fully, goal, Goffman, grow, hydropower, interpretation, IRP, Joseph, lag, leaving, led, length, letter, Lind, Memorandum, moratorium, move, Notice, Notwithstanding, panel, permanent, Portland, PPA, PUD, Puget, reinstatement, repeal, Respond, responded, sense, session, single, smaller, solar, Sound, Square, strategy, timeframe, transforming, underearn, unfair, vacated, valid, Valley, variation, venue
Removed: abatement, ACB, acquisition, adversely, aim, analyzed, annually, AOC, appellate, application, ash, assorted, ASU, atmospheric, attrition, band, Bay, billed, book, Boron, broader, Brown, byproduct, calculate, Canada, cap, CCR, certified, Chloride, clarify, closing, coal, CoBank, combustion, complementary, consultation, consulting, context, continuation, continuity, convert, cooler, counsel, COVID, creation, decreasing, denial, depreciable, digital, Directing, discontinued, disrupting, Dissolved, distinguishing, diverted, divided, downturn, dry, Effluent, EHP, element, elimination, employer, enacted, encoder, erred, ERT, escrow, evaluating, expectation, extensive, external, FASB, food, forecast, fourth, gain, Governor, gradual, granted, groundwater, guidance, holder, Holding, hydro, hygiene, incremental, indemnification, indirect, inform, installation, interaction, interfere, intermediate, involvement, justified, justify, Kate, largely, larger, largest, lawfully, Lender, license, limiting, lump, mandated, Manufacturing, MDEQ, MDM, merger, METALfx, meter, methodology, mitigated, mutual, narrative, nation, numeric, obligated, Ontario, original, originally, owner, package, Palouse, paramount, pay, PC, perform, petition, Pond, positively, posted, pro, product, prohibit, prolonged, pursuing, quality, rata, RCA, reached, reaching, recalculate, receipt, receive, receiver, recently, recession, recoverable, reduced, reducing, refundable, Register, Regulate, regulating, reimbursing, released, reliable, Remedy, remotely, removal, removed, restrict, retention, retired, reversed, revise, revised, revision, ruling, safe, satisfaction, satisfy, school, secure, settling, shift, shipped, site, slowdown, social, software, solid, spike, spillway, struck, structural, Subtitle, Subtopic, Sulfate, sum, supportable, surety, surface, suspension, TDG, technical, temporary, termed, terminated, termination, testing, Thurston, Topic, Toronto, trade, training, transferred, travel, undepreciated, unemployment, unsecured, updated, utilization, violated, waiver, waste, working