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Just Energy Announces Conference Call and Live Webcast Details for its First Quarter of Fiscal 2021 Earnings Release on August 28, 2020

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Just Energy Group Inc. has announced the release of its operating results for Q1 fiscal 2021, set for August 28, 2020. A conference call with CEO Scott Gahn and CFO Jim Brown will commence at 11:00 a.m. ET to discuss these results. Investors can participate by dialing the specified numbers or via a live webcast. Just Energy, a retail energy provider, focuses on electricity, natural gas, and energy-efficient solutions for residential and commercial customers across the U.S. and Canada.

Positive
  • Upcoming conference call to discuss Q1 fiscal 2021 results may provide insights into financial performance.
Negative
  • Risks associated with COVID-19 could adversely affect operations and sales.
  • Potential share dilution from issuing new equity as part of recapitalization efforts.
  • Dependence on external factors like customer attrition and regulatory changes impacting financial stability.

TORONTO, Aug. 27, 2020 (GLOBE NEWSWIRE) -- Just Energy Group Inc. (“Just Energy” or the “Company”) a retail energy provider specializing in electricity and natural gas commodities and bringing energy efficient solutions and renewable energy options to customers, today confirmed that the Company will release operating results for the first quarter of fiscal 2021 prior to market open on August 28, 2020.

The Company will host a conference call and live webcast with Scott Gahn, Just Energy’s Chief Executive Officer, and Jim Brown, Chief Financial Officer, to review the fiscal first quarter results beginning at 11:00 a.m. Eastern Time on August 28, 2020.

Those who wish to participate in the conference call may do so by dialing 1-877-501-3160 in the U.S. and Canada. International callers may join the call by dialing 1-786-815-8442. The Conference ID number is 2366523. The call will also be webcast live over the internet at the following link:

https://edge.media-server.com/mmc/p/h9ee26hp

A webcasted replay for the call will also be archived on the JE investor relations website a few hours after the event.

About Just Energy Group Inc.

Just Energy is a consumer company focused on essential needs, including electricity and natural gas health and well-being, such as water quality and filtration devices; and utility conservation, bringing energy efficient solutions and renewable energy options to consumers. Currently operating in the United States and Canada, Just Energy serves residential and commercial customers. Just Energy is the parent company of Amigo Energy, EdgePower Inc., Filter Group Inc., Hudson Energy, Interactive Energy Group, Tara Energy, and TerraPass. Visit https://investors.justenergy.com/ to learn more. Also, find us on Facebook and follow us on Twitter.

FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking statements. These statements are based on current expectations that involve a number of risks and uncertainties which could cause actual results to differ from those anticipated. These statements are based on current expectations that involve several risks and uncertainties which could cause actual results to differ from those anticipated. These risks include, but are not limited to, risks with respect to raising new equity capital and the exchange of debt; the proposed recapitalization transaction resulting in a financially stronger Company; reducing the Company’s existing debt and interest expense (including the amounts thereof); proceedings under the CBCA; implementing a Plan of Arrangement; issuing new equity; the allocation of any new equity; addressing certain obligations as part of a proposed recapitalization transaction; risks associated with the proposed recapitalization transaction, including the inability to complete a proposed recapitalization transaction or complete a proposed recapitalization transaction in a timely or efficient manner; the inability to reduce the Company’s debt and/or interest payments, proceedings under the CBCA; issuing and allocating new equity including the dilution of the Company’s outstanding common shares; the value of existing equity following the completion of a recapitalization; the impact of the evolving COVID-19 pandemic on the Company’s business, operations and sales; reliance on suppliers; uncertainties relating to the ultimate spread, severity and duration of COVID-19 and related adverse effects on the economies and financial markets of countries in which the Company operates; the ability of the Company to successfully implement its business continuity plans with respect to the COVID-19 pandemic; the Company’s ability to access sufficient capital to provide liquidity to manage its cash flow requirements; general economic, business and market conditions; the ability of management to execute its business plan; levels of customer natural gas and electricity consumption; extreme weather conditions; rates of customer additions and renewals; customer credit risk; rates of customer attrition; fluctuations in natural gas and electricity prices; interest and exchange rates; actions taken by governmental authorities including energy marketing regulation; increases in taxes and changes in government regulations and incentive programs; changes in regulatory regimes; results of litigation and decisions by regulatory authorities; competition; the performance of acquired companies and dependence on certain suppliers. Additional information on these and other factors that could affect Just Energy’s operations, financial results or dividend levels are included in Just Energy’s annual information form and other reports on file with Canadian securities regulatory authorities which can be accessed through the SEDAR website at www.sedar.com on the U.S. Securities and Exchange Commission’s website at www.sec.gov or through Just Energy’s website at www.justenergygroup.com.

Neither the Toronto Stock Exchange nor the New York Stock Exchange has approved nor disapproved of the information contained herein.

FOR FURTHER INFORMATION PLEASE CONTACT:

Jim Brown
Chief Financial Officer
Just Energy

713-544-8191
jbrown@justenergy.com

or

Investors
Michael Cummings
Alpha IR
Phone: (617) 982-0475
JE@alpha-ir.com

Media
Boyd Erman
Longview Communications
Phone: 416-523-5885
berman@longviewcomms.ca

Source: Just Energy Group Inc.


FAQ

When will Just Energy release its Q1 fiscal 2021 operating results?

Just Energy will release its Q1 fiscal 2021 operating results on August 28, 2020, before market open.

What time is the Just Energy conference call for Q1 results?

The conference call for Just Energy’s Q1 results will begin at 11:00 a.m. ET on August 28, 2020.

How can I participate in the Just Energy conference call?

Participants can join the Just Energy conference call by dialing 1-877-501-3160 for U.S. and Canada or 1-786-815-8442 for international calls.

What is the conference ID for the Just Energy call?

The conference ID for the Just Energy call is 2366523.

Where can I find the webcast of the Just Energy results call?

The webcast of the Just Energy results call will be available at https://edge.media-server.com/mmc/p/h9ee26hp.

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