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Evergy, Inc. (symbol: EVRG) is a prominent utility company headquartered in Kansas City, Missouri. Incorporated in 2017, Evergy, Inc. specializes in the generation, transmission, distribution, and sale of electricity across Kansas and Missouri. Serving approximately 1,604,300 customers, including residential, commercial, industrial, and municipal clients, Evergy stands as a key player in the U.S. energy market.
The company employs a diverse mix of energy sources to generate electricity. These include coal, nuclear, natural gas and oil, uranium, wind, hydroelectric, landfill gas, and solar energy as well as other renewable sources, underlining its commitment to sustainability and innovation. Evergy operates about 10,100 circuit miles of transmission lines, 39,700 circuit miles of overhead distribution lines, and 12,700 circuit miles of underground distribution lines, ensuring a reliable energy supply to its vast customer base.
Evergy’s major operating subsidiaries include Evergy Metro, Evergy Kansas Central, Evergy Missouri West, and Evergy Transmission Co. The company boasts a combined rate base of approximately $19 billion, with assets evenly distributed between Kansas, Missouri, and federal jurisdictions. Notably, Evergy is one of the largest suppliers of wind energy in the United States, reflecting its leadership in the renewable energy sector.
Recent achievements include significant investments in modernizing the power grid, enhancing energy efficiency programs, and expanding renewable energy projects. Current projects focus on sustainable energy solutions and technological advancements to meet the evolving energy demands of the future. Financially, Evergy maintains a strong and stable position, supported by strategic partnerships and a dedicated focus on innovation and customer service.
Through its comprehensive energy solutions and commitment to sustainability, Evergy continues to play a vital role in the region's development, offering reliable and efficient energy to millions while driving forward the transition to a greener and more resilient energy infrastructure.
Evergy, Inc. (NYSE: EVRG) will release its Q2 2022 earnings on August 4, 2022, before markets open. The company will host a conference call at 9:00 a.m. Eastern to discuss the results. Interested parties can view the webcast on the investors.evergy.com website. Additional financial information will also be available on their website. Evergy serves 1.6 million customers in Kansas and Missouri, focusing on reliable, affordable, and sustainable energy solutions.
Spire and Evergy have launched the Pay As You Save® (PAYS) program in Missouri, enabling customers to make energy-efficiency upgrades with minimal upfront costs. This collaboration allows for upgrades like air conditioners and insulation, financed through fixed monthly utility charges. Customers can benefit from a free energy assessment to identify cost-effective improvements. The program aims to lower utility bills while enhancing energy efficiency. Notably, this is the first joint offering between Spire and Evergy, expanding access to energy-saving strategies for customers.
Evergy, Inc. (NYSE: EVRG) reported a first-quarter 2022 GAAP EPS of $0.53, down from $0.84 in Q1 2021, with adjusted EPS rising to $0.58 from $0.55 year-over-year. The company declared a quarterly dividend of $0.5725 per share, payable on June 20, 2022, for shareholders on record as of May 20, 2022. The 2022 GAAP EPS guidance is set between $3.38 and $3.58, reaffirming its adjusted EPS guidance of $3.43 to $3.63, targeting annual growth of 6% to 8% through 2025. The management emphasized a strong start to the year, focusing on providing sustainable energy.
On May 3, 2022,
Evergy, Inc. (NYSE: EVRG) will announce its Q1 2022 earnings on May 5, 2022, prior to market open. A conference call to discuss the results will occur the same day at 9:00 a.m. Eastern. Investors can join via phone at (888) 353-7071 (Conference ID: 4766027) or by accessing the webcast at investors.evergy.com. Supplemental financial information will be available on their website. A replay of the call will be accessible from 1 p.m. on May 5 through May 12, 2022.
Evergy, Inc. (NYSE: EVRG) reported a 2021 GAAP EPS of $3.83, rising from $2.72 in 2020, with adjusted EPS at $3.54. The company declared a quarterly dividend of $0.5725 per share, payable on March 21, 2022. Evergy reaffirmed its 2022 EPS guidance at $3.43 to $3.63 and updated its $10.7 billion capital plan for 2022-2026, focusing on grid modernization and renewable energy investments. Despite fourth quarter challenges due to weather impacts and operational costs, Evergy aims for long-term growth and sustainability.
Spirit AeroSystems announced its transition to 100% wind-generated electricity at its Kansas headquarters. This initiative promotes environmental responsibility and aims for a 30% reduction in greenhouse gas emissions by 2030. The Wichita facility, employing around 10,000 staff, will source its wind power from a local wind farm involving 62 turbines and increase its global renewable electricity percentage to 75%. The project supports operational efficiency and competitiveness, aligning with Spirit's sustainability goals, while also benefiting the local economy through job creation.
Evergy, Inc. (NYSE: EVRG) will release its Q4 2021 earnings on February 25, 2022, before market open. The company will host a conference call and audio webcast at 9:00 a.m. Eastern to discuss the results. Supplemental financial information will be available on its website, and a replay of the call will be accessible from 1 p.m. Eastern, February 25, through March 11, 2022. Evergy serves 1.6 million customers in Kansas and Missouri and aims to provide clean, reliable energy, with half of its power from emission-free sources.
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