Evergy, Inc. serves approximately 1.6 million customers in Kansas and Missouri. The company was formed in 2018 when long-term local energy providers KCP&L and Westar Energy merged. Evergy is a leader in renewable energy, supplying nearly half of the power the company provides to homes and businesses from emission-free generation. Evergy supports its local communities where the companuy lives and works and strives to meet the needs of customers through energy savings and innovative solutions.

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
Subsidiaries
Evergy Metro, Inc. • Evergy Missouri West, Inc. • Evergy Kansas South, Inc. ...
IRS number
480290150
EVRG stock data
Calendar
3 Aug 22
12 Aug 22
31 Dec 22
Financial summary
Quarter (USD) | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 26.2M | 26.2M | 26.2M | 26.2M | 26.2M | 26.2M |
Cash burn (monthly) | (no burn) | 9.89M | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 73.22M | n/a | n/a | n/a | n/a |
Cash remaining | n/a | -47.02M | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | -4.8 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2021
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 |
Financial report summary
?Risks
- Prices are established by regulators and may not be sufficient to recover 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 air and water quality, waste management and hazardous substance disposal, protected natural resources and health and safety, 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, acts of war 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 or 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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H.S. freshman Avg
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New words:
absent, accurately, Arizona, assumed, bond, California, Conservation, denied, District, EIRR, enactment, exposure, fiscal, fixed, formal, formally, Governor, halted, intervenor, LaCygne, MACC, nationwide, Northern, NWPR, oral, promulgated, recommended, regime, remarketed, reversing, Senate, shifting, Solid, submittal, testimony, unclear, uncollectible, unknown, unlawful, upfront, USWAG, valid
Removed:
administration, back, degradation, directed, drafted, option, prevent, remand, residential
Financial reports
Current reports
8-K
Evergy Announces Second Quarter 2022 Results, Declares Quarterly Dividend, and Reaffirms 2022 Adjusted EPS Guidance Range
4 Aug 22
8-K
Departure of Directors or Certain Officers
1 Jul 22
8-K
Evergy Announces First Quarter 2022 Results, Declares Quarterly Dividend, and Reaffirms 2022 Adjusted EPS Guidance
5 May 22
8-K
Evergy Announces 2021 Results, Declares Quarterly Dividend, and Reaffirms 2022 Guidance
25 Feb 22
8-K
Evergy Announces Third Quarter 2021 Results
3 Nov 21
8-K
Entry into a Material Definitive Agreement
31 Aug 21
8-K
Departure of Directors or Certain Officers
12 Aug 21
8-K
Evergy Announces 2021 Second Quarter Results
5 Aug 21
8-K
Evergy Announces 2021 First Quarter Results
6 May 21
8-K
Entry into a Material Definitive Agreement
14 Apr 21
Registration and prospectus
S-3ASR
Automatic shelf registration
1 Sep 21
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
POSASR
Automatic shelf registration (post-effective amendment)
5 Nov 18
15-12B
Securities registration termination
18 Jun 18
Proxies
DEFA14A
Additional proxy soliciting materials
25 Oct 17
DEFA14A
Additional proxy soliciting materials
9 Oct 17
DEFA14A
Additional proxy soliciting materials
13 Sep 17
DEFM14A
Proxy related to merger
24 Aug 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
2021 Q1
Earnings call transcript
8 May 21
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