Streetbeat News

VIA

Via Renewables Inc

https://www.sparkenergy.com/

CEO

W. Keith Maxwell

Employees

for over 20 years, our core retail energy business- which remains fiscally strong, predictable, and essential to modern life - has offered green energy options to hundreds of thousands of customers across america. today, via renewables is evaluating additional environmental, social, and governance(esg) projects that are complementary and impactful to our retail customers and stakeholders. we are focused on expanding our positive impact in texas and across the us.

Open

10.99

Mkt cap

80M

Volume

38K

High

11.00

P/E Ratio

2.73

52-wk high

11.01

Low

10.99

Div yield

0.13

52-wk low

5.21

Via Renewables Inc. has released merger information through Nasdaq, with the anticipated last trading date set for June 11.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 6:32 pm

Via Renewables shareholders have approved a merger at a special meeting.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 5:07 pm

Via Renewables President and CEO Keith Maxwell announced that in Q2, the company entered into an agreement to acquire approximately 12,500 RCEs in its existing markets, indicating a strategic expansion.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 9:48 pm

Via Renewables reported a significant increase in its Q1 2024 EPS to $1.81, up from a loss of $(1.26) YoY. However, its revenue for the same period saw a decrease to $114.056M from $131.852M YoY.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 9:46 pm

Benzinga Insights identifies Hawaiian Electric Indus (HE), Via Renewables (VIA), Cia Energetica DE Minas (CIG), TransAlta (TAC), and Enel Chile (ENIC) as value stocks in the utilities sector based on low P/E multiples. The article provides recent financial performance including changes in earnings per share and dividend yields for each company.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 2:38 pm

Via Renewables reported a Q4 EPS of $(0.93), a 9.41% decrease from $(0.85) YoY, with sales of $101.70M, down 13.36% from $117.38M YoY.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 7:27 am

The article lists companies scheduled to report their earnings on February 28, 2024, including their expected earnings per share and revenue. It covers a wide range of sectors and provides a comprehensive overview of the financial performance expectations for these companies.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 11:24 am

Via Renewables, Inc. (NASDAQ:VIA) shares surged after announcing an acquisition agreement with Retailco, LLC for a majority of its Class A common shares at $11.00 per share, a significant premium over recent market values. The deal, proposed by Via's CEO and Chairman William Keith Maxwell III, who controls Retailco and owns 65.7% of Via's stock, will result in the delisting of VIA from NASDAQ, while VIASP is expected to remain listed. The transaction includes a 30-day 'go-shop' period and is anticipated to close in Q2 2024. VIA shares rose 13.3% to $10.65 following the news.

Portfolio Pulse from Akanksha Bakshi

January 02, 2024 | 3:15 pm

Trading for VIA has been halted and then resumed at 8:25 AM ET, with updated quotation resumption times following the release of news.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 1:25 pm

Via Renewables, Inc. (NASDAQ:VIA) has agreed to be acquired by Retailco, LLC for $11.00 per share in cash, a premium over recent trading prices. The CEO of Via Renewables, William Keith Maxwell, III, who owns a majority of the stock, is behind Retailco. The merger will result in VIA's Class A common stock ceasing to trade on NASDAQ, while Series A Preferred Stock (NASDAQ:VIASP) will continue trading. The deal includes a 30-day 'go-shop' period and requires majority approval from shareholders, excluding Maxwell's affiliated entities. The transaction is expected to close in Q2 2024.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 1:06 pm

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