EVRG Evergy Kansas Central

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
Ticker
EVRG
Exchange
Website
CEO
Terry Bassham
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
WESTAR ENERGY INC /KS, WESTERN RESOURCES INC /KS
SEC CIK
Corporate docs
IRS number
480290150
EVRG stock data
()
Calendar
26 Feb 21
13 Apr 21
31 Dec 21
Financial summary
Quarter (USD) |
Dec 20 | Sep 20 | Jun 20 | Mar 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 company 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) | 144.9M | 144.9M | 144.9M | 144.9M | 144.9M | 144.9M |
Cash burn (monthly) | 72.23M | (positive/no burn) | (positive/no burn) | (positive/no burn) | (positive/no burn) | (positive/no burn) |
Cash used (since last report) | 248.22M | n/a | n/a | n/a | n/a | n/a |
Cash remaining | -103.32M | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | -1.4 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership Q4 2020
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
0.0% owned by funds/institutions
13F holders |
Current |
---|---|
Total holders | 1 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares |
Current |
---|---|
Total value | 0 |
Total shares | 1 |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners |
Shares | Value |
---|---|---|
Huntington National Bank | 1 | $0 |
IFP Advisors | 0 | $0 |
Financial report summary
?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
?
Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Avg
|
New words:
adaptability, advisor, Alabama, arrival, bargaining, baseload, Biden, Black, Bluescape, burden, Campbell, cancellation, CentralEvergy, Citigroup, Clearway, concept, copy, crucial, culture, departure, deployment, distancing, ease, Eighteenth, elevated, Elliott, empower, ethnicity, exempted, exemption, expedite, face, female, Fiftieth, footprint, gym, hazard, Head, healthcare, Hispanic, Hunt, InfraREIT, injury, Iowa, Keglevic, kilovolt, Kirkland, Landrieu, lost, Louisiana, male, managerial, Mary, maximize, membership, metric, MetroEvergy, mission, Mississippi, Notwithstanding, NRG, outbreak, overdue, pace, package, pandemic, Paul, preferential, presidential, prioritized, proliferation, reconciling, recruiting, regular, rehearing, remotely, reskill, retrain, satisfaction, scrutiny, securitization, Sharyland, shift, shifting, slowdown, stakeholder, STP, successful, talent, talented, team, technical, timeframe, training, travel, triennial, tuition, TXU, unique, unknown, unpaid, vaccine, Vistra, warrant, warranted, White, widespread, Wilder, Wisconsin, women, worksite, wrote
Removed:
accruing, acquire, aquatic, choose, combining, commit, deal, disclose, diversion, doubtful, efficient, entitled, entrainment, fish, impingement, installation, intake, IRS, lowest, making, modification, passed, realize, released, repaid, representing, rulemaking, settled, TCJA, transfer, upheld
Financial reports
10-K
2020 FY
Annual report
26 Feb 21
10-Q
2020 Q3
Quarterly report
4 Nov 20
10-Q
2020 Q2
Quarterly report
5 Aug 20
10-Q
2020 Q1
Quarterly report
6 May 20
10-K
2019 FY
Annual report
2 Mar 20
10-Q
2019 Q3
Quarterly report
6 Nov 19
10-Q
2019 Q2
Quarterly report
7 Aug 19
10-Q
2019 Q1
Quarterly report
8 May 19
10-K
2018 FY
Annual report
21 Feb 19
10-Q
2018 Q3
Quarterly report
7 Nov 18
Current reports
8-K/A
Evergy Announces 2020 Results at Top End of Guidance Range, Declares Quarterly Dividend, and Issues 2021 Outlook
26 Feb 21
8-K
Evergy Appoints Utility Industry Veteran C. John Wilder and Former U.S. Senator Mary L. Landrieu to Board of Directors
26 Feb 21
8-K
Evergy Announces 2020 Results at Top End of Guidance Range, Declares Quarterly Dividend, and Issues 2021 Outlook
26 Feb 21
8-K
Evergy Appoints Kirkland B. Andrews Executive Vice President and Chief Financial Officer
4 Feb 21
8-K
Evergy Chief Financial Officer Tony Somma to Leave the Company
8 Jan 21
8-K/A
Departure of Directors or Certain Officers
22 Dec 20
8-K
Evergy Appoints David A. Campbell as President, Chief Executive Officer and Board Member
8 Dec 20
8-K
Evergy Announces 2020 Third Quarter Results
5 Nov 20
8-K
Evergy Announces Chief Executive Officer Terry Bassham to Retire
27 Aug 20
8-K/A
Regulation FD Disclosure
5 Aug 20
Registration and prospectus
424B2
Prospectus for primary offering
6 Apr 20
FWP
Free writing prospectus
2 Apr 20
424B5
Prospectus supplement for primary offering
2 Apr 20
424B2
Prospectus for primary offering
13 Aug 19
FWP
Free writing prospectus
12 Aug 19
424B5
Prospectus supplement for primary offering
12 Aug 19
S-3ASR
Automatic shelf registration
5 Nov 18
15-12B
Securities registration termination
18 Jun 18
25-NSE
Exchange delisting
6 Jun 18
S-8 POS
Registration of securities for employees (post-effective amendment)
3 Jun 18
Proxies
DEFA14A
Additional proxy soliciting materials
25 Oct 17
DEFA14A
Additional proxy soliciting materials
9 Oct 17
DEFM14A
Proxy related to merger
9 Oct 17
DEF 14A
Definitive proxy
13 Sep 17
DEFA14A
Additional proxy soliciting materials
13 Sep 17
DEFM14A
Proxy related to merger
24 Aug 16
DEF 14A
Definitive proxy
31 Mar 16
DEFA14A
Additional proxy soliciting materials
31 Mar 16
DEF 14A
Definitive proxy
2 Apr 15
DEFA14A
Additional proxy soliciting materials
2 Apr 15
Other
UPLOAD
Letter from SEC
26 Sep 13
CORRESP
Correspondence with SEC
18 Sep 13
UPLOAD
Letter from SEC
11 Sep 13
CORRESP
Correspondence with SEC
3 Sep 13
UPLOAD
Letter from SEC
13 Aug 13
UPLOAD
Letter from SEC
24 Nov 09
CORRESP
Correspondence with SEC
17 Nov 09
UPLOAD
Letter from SEC
8 Nov 09
CORRESP
Correspondence with SEC
15 Oct 09
UPLOAD
Letter from SEC
17 Sep 09
Ownership
4
WESTAR ENERGY / CHARLES Q IV CHANDLER ownership change
3 Jun 18
4
WESTAR ENERGY / KEVIN L. KONGS ownership change
3 Jun 18
4
WESTAR ENERGY / B ANTHONY ISAAC ownership change
3 Jun 18
4
WESTAR ENERGY / ROY A EDWARDS ownership change
3 Jun 18
4
WESTAR ENERGY / Jerry B Farley ownership change
3 Jun 18
4
WESTAR ENERGY / MARK A RUELLE ownership change
3 Jun 18
4
WESTAR ENERGY / Sandra AJ Lawrence ownership change
3 Jun 18
4
WESTAR ENERGY / MOLLIE H CARTER ownership change
3 Jun 18
4
WESTAR ENERGY / S CARL SODERSTROM JR ownership change
3 Jun 18
4
WESTAR ENERGY / RICHARD L HAWLEY ownership change
3 Jun 18
Transcripts
2020 Q2
Earnings call transcript
9 Aug 20
2020 Q1
Earnings call transcript
10 May 20
2019 Q4
Earnings call transcript
2 Mar 20
2019 Q3
Earnings call transcript
10 Nov 19
2019 Q2
Earnings call transcript
12 Aug 19
2019 Q1
Earnings call transcript
12 May 19
2018 Q4
Earnings call transcript
22 Feb 19
2018 Q3
Earnings call transcript
10 Nov 18