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EVRG Evergy

Evergy is an American investor-owned utility with publicly traded stock that has its headquarters in Topeka, Kansas, and in Kansas City, Missouri. The company was formed from a merger of Westar Energy of Topeka and Great Plains Energy of Kansas City, Missouri, parent company of Kansas City Power & Light. Evergy is the largest electric company in Kansas, serving more than 1,000,000 residential, commercial and industrial customers in the eastern half of the state. Evergy has a generating capacity of 16,000 megawatt electricity from its over 40 power plants in Kansas and Missouri. Evergy service territory covers 28,130 square miles in east Kansas and west Missouri. Evergy owns more than 13,700 miles of transmission lines and about 52,000 miles of distribution lines. Western Resources was the product of a 1992 merger between the two major electric companies in eastern Kansas, Kansas Gas and Electric of Wichita and Kansas Power and Light of Topeka.

Company profile

EVRG stock data

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Calendar

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

Financial data from Evergy earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 176.2M 176.2M 176.2M 176.2M 176.2M 176.2M
Cash burn (monthly) 42.73M 30.98M (positive/no burn) (positive/no burn) (positive/no burn) (positive/no burn)
Cash used (since last report) 453.14M 328.45M n/a n/a n/a n/a
Cash remaining -276.94M -152.25M n/a n/a n/a n/a
Runway (months of cash) -6.5 -4.9 n/a n/a n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
13 May 21 Charles A. Caisley Common Stock Sell Dispose S No No 62.8999 3,500 220.15K 21,777
14 Apr 21 C John Wilder Common Stock Buy Aquire P Yes No 49.87 2,269,447 113.18M 2,269,447
14 Apr 21 C John Wilder Warrants Common Stock Buy Aquire P Yes No 64.7 3,950,000 255.57M 3,950,000
1 Apr 21 Mollie H Carter Director Deferred Share Units Common Stock Grant Aquire A No No 0 504 0 103,934
1 Apr 21 Hyde Thomas D Director Deferred Share Units Common Stock Grant Aquire A No No 0 609 0 25,991
1 Apr 21 Landrieu Mary L. Director Deferred Share Units Common Stock Grant Aquire A No No 0 2,184 0 2,184

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

80.4% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 578 548 +5.5%
Opened positions 104 73 +42.5%
Closed positions 74 91 -18.7%
Increased positions 165 187 -11.8%
Reduced positions 224 191 +17.3%
13F shares
Current Prev Q Change
Total value 10.23B 9.7B +5.4%
Total shares 184.3M 183.12M +0.6%
Total puts 94.3K 417.9K -77.4%
Total calls 122.9K 191.2K -35.7%
Total put/call ratio 0.8 2.2 -64.9%
Largest owners
Shares Value Change
Vanguard 26.97M $1.5B -0.5%
BLK Blackrock 15.52M $861.48M -9.5%
STT State Street 11.07M $614.73M -4.4%
Elliott Investment Management 10.54M $585.18M NEW
FMR 9.24M $513.01M +3.3%
Pictet Asset Management 4.9M $271.89M +5267.7%
Citadel Advisors 4.88M $270.62M +69.4%
Magellan Asset Management 4.4M $244.31M +75.8%
American Century Companies 4.19M $232.31M -15.3%
Geode Capital Management 3.81M $210.69M +0.8%
Largest transactions
Shares Bought/sold Change
Elliott Investment Management 10.54M +10.54M NEW
Pictet Asset Management 4.9M +4.81M +5267.7%
CS Credit Suisse 303.53K -2.32M -88.4%
BNP Paribas Arbitrage 191.88K -2.29M -92.3%
Citadel Advisors 4.88M +2M +69.4%
GS Goldman Sachs 412.02K -1.99M -82.9%
Magellan Asset Management 4.4M +1.9M +75.8%
BLK Blackrock 15.52M -1.64M -9.5%
Epoch Investment Partners 0 -1.42M EXIT
Boston Partners 0 -1.36M EXIT

Financial report summary

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Risks
  • Prices are established by regulators and may not be sufficient to result in a recovery of costs or provide for a return on investment.
  • Legislative and regulatory requirements may increase costs and result in compliance penalties.
  • Costs to comply with environmental laws and regulations, including those relating to GHG emissions, are significant and may adversely impact operations and financial results.
  • Financial market disruptions or declines in the Evergy Companies' credit ratings may increase financing costs and limit access to the credit markets, which may adversely affect liquidity and financial results.
  • Evergy is a holding company and relies on the earnings of its subsidiaries to meet its financial obligations.
  • Increasing costs associated with defined benefit retirement and postretirement plans, health care plans and other employee benefits could adversely affect Evergy's financial position and liquidity.
  • The Evergy Companies are subject to commodity and other risks associated with energy markets.
  • Tax legislation and an inability to utilize tax credits could adversely impact results of operations, financial position and liquidity.
  • The anticipated benefits of the Evergy Companies' strategy may not be realized.
  • The price of Evergy common stock may experience volatility.
  • Changes in electricity consumption could have a material adverse effect on Evergy's results of operations, financial position and cash flows.
  • Weather is a major driver of the results of operations, financial position and cash flows of the Evergy Companies and the Evergy Companies are subject to risks associated with climate change.
  • Operational risks may adversely affect the Evergy Companies.
  • Physical and cybersecurity breaches, criminal activity, terrorist attacks and other disruptions to facilities or information technology infrastructure could interfere with operations, expose the Evergy Companies or their customers or employees to a risk of loss, expose the Evergy Companies to legal or regulatory liability and cause reputational and other harm.
  • The cost and schedule of capital projects may materially change and expected performance may not be achieved.
  • Failure to attract and retain an appropriately qualified workforce and to maintain satisfactory collective bargaining agreements could negatively impact the Evergy Companies' business and operations and adversely impact the Evergy Companies' results of operations, financial position and cash flows.
  • The Evergy Companies are exposed to risks associated with the ownership and operation of a nuclear generating unit, which could adversely impact the Evergy Companies' business and financial results.
  • The structure of the regional power market in which the Evergy Companies operate could have an adverse effect on their results of operations, financial position and cash flows.
  • The outcome of legal proceedings cannot be predicted. An adverse finding could have a material adverse effect on the Evergy Companies' results of operations, financial position and cash flows.
  • The spread of COVID-19 and resulting impact on business and economic conditions could continue to negatively affect the Evergy Companies' business and operations.
Content analysis
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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Avg
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