|Bid||46.43 x 800|
|Ask||46.43 x 900|
|Day's Range||46.13 - 46.50|
|52 Week Range||39.75 - 52.70|
|Beta (3Y Monthly)||0.61|
|PE Ratio (TTM)||15.51|
|Forward Dividend & Yield||1.55 (3.34%)|
|1y Target Est||N/A|
Avista (AVA) and all other parties involved in the company’s natural gas general rate filing have reached a settlement agreement that, if approved by the Public Utility Commission of Oregon (PUC), would conclude the proceedings for the general rate request filed on March 15, 2019. If the settlement agreement is approved, new rates would take effect on Jan. 15, 2020. The settlement represents a positive outcome and new natural gas rates in Oregon that are fair and reasonable for our customers, our company and our shareholders,” said Dennis Vermillion, Avista President.
Senior Vice President and Chief Human Resources Officer Karen Feltes has announced plans to retire on Feb. 1, 2020, after serving the company and its customers for 21 years. Feltes started with Avista in 1998, after a career that spanned domestic and international human resources in public and private sectors, which included corporate leadership positions at Microsoft, King County in Seattle, and Federated Department Stores. Throughout her career with Avista, she has been responsible for developing strategic plans for enterprise-wide people systems and leading employee engagement initiatives, internal communications, safety, leadership development and succession planning, labor relations, benefits and compensation strategy, as well corporate and craft training programs.
Avista Corp.’s (NYSE: AVA) board of directors has declared a quarterly dividend of $0.3875 per share on the company’s common stock. The common stock dividend is payable Sept. 13, 2019, to shareholders of record at the close of business on Aug. 22, 2019. The declaration of dividends is at the sole discretion of the board of directors.
SPOKANE, Wash., Aug. 07, 2019 -- Avista Corp. (NYSE: AVA) today reported net income attributable to Avista Corp. shareholders of $25.3 million, or $0.38 per diluted share for.
Rate increase request reflects change in the wholesale cost of natural gas included in customer rates. SPOKANE, Wash., July 31, 2019 (GLOBE NEWSWIRE) -- Avista’s (AVA) customers in Oregon would see an increase in their natural gas rates effective Nov. 1, 2019 if the Public Utility Commission of Oregon (OPUC or Commission) approves the company’s annual rate adjustment filings. Overall, these requests are designed to increase natural gas revenues by $8.3 million or 9.8%.These filings have no impact on Avista’s earnings, and are not related to Avista’s pending general rate case filing in March 2019.
SPOKANE, Wash., July 30, 2019 -- Avista (NYSE: AVA) has made annual rate adjustment filings with the Idaho Public Utilities Commission (IPUC or Commission) that if approved,.
SPOKANE, Wash., July 10, 2019 -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss second quarter 2019 results on Wednesday, Aug. 7, 2019,.
Avista (AVA) and all of the parties to the Company’s natural gas general rate case filing have reached agreement on certain issues, and a partial settlement agreement has been filed with the Public Utility Commission of Oregon (PUC) for its consideration. The partial settlement includes agreement among the parties on the cost of capital and certain smaller adjustments related to employee benefits and other expenses. The agreed-upon rate of return (ROR) on rate base is 7.24%, with a common equity ratio of 50% and a 9.4% return on equity (ROE), both of which represent a continuation of existing authorized levels.
SPOKANE, Wash., July 01, 2019 -- Avista (NYSE: AVA) has made its annual fixed cost adjustment (FCA) filings with the Idaho Public Utilities Commission (IPUC or Commission) that.
SPOKANE, Wash., June 17, 2019 -- Avista Corp. (NYSE: AVA) announced that Jeff Philipps, age 63, has been appointed to the Avista Corp. board of directors effective Nov. 1,.
Avista Corp. has been named a Winning “W” Company by 2020 Women on Boards for achieving at least 20% women on its corporate board before the year 2020. “We are proud to be recognized as part of this initiative,” said Scott Morris, chairman and chief executive officer of Avista Corp. “We have a strong commitment to inclusion, with women making up 40% of our board today and for the last five years. "We applaud the board of Avista Corp. for engaging the diverse opinions and perspectives of both genders on their board," said Betsy Berkhemer-Credaire, CEO of 2020 Women on Boards.
Avista (AVA) has filed an electric rate request with the Idaho Public Utilities Commission (IPUC or Commission) to recover costs related to investments in infrastructure, system maintenance, and technology. If approved, the electric general rate request is designed to increase annual billed revenues by $5.3 million or 2.1 percent effective Jan. 1, 2020. “We’re making significant investments in our infrastructure and systems every year to maintain, upgrade and ensure the safety, reliability and resiliency of the equipment and facilities that serve our customers every day,” Avista President Dennis Vermillion said.
Avista Corp. (AVA) Chairman of the Board and Chief Executive Officer Scott L. Morris announced to the company’s board of directors that he will retire from the company effective March 1, 2020. Morris will serve as the executive chairman of the board of directors until his retirement date but will transition his duties as CEO to Avista President Dennis P. Vermillion, who was elected CEO by the company’s board of directors, effective Oct. 1, 2019. Morris will serve as the non-executive chairman of the board following his retirement.
NEW YORK, NY / ACCESSWIRE / May 2, 2019 / Avista Corp. (NYSE: AVA ) will be discussing their earnings results in their 2019 First Quarter Earnings to be held on May 2, 2019 at 10:30 AM Eastern Time. To ...
Avista Corp. (NYSE: AVA) today reported net income attributable to Avista Corp. shareholders of $115.8 million, or $1.76 per diluted share for the first quarter of 2019, compared to $54.9 million, or $0.83 per diluted share for the first quarter of 2018. "Our consolidated earnings were below our expectations for the first quarter. "Avista Utilities had lower earnings due to below normal hydroelectric generation and higher natural gas fuel prices, which caused an increase in net power supply costs.
Avista (AVA) has filed electric and natural gas rate requests with the Washington Utilities and Transportation Commission (UTC or Commission) to recover costs related to investments in infrastructure, system maintenance, and technology. “We’re making significant investments in our infrastructure and systems every year to maintain, upgrade and ensure the safety, reliability and resiliency of the equipment and facilities that serve our customers every day,” Avista President Dennis Vermillion said. “This includes efforts like inspecting and replacing thousands of power poles each year, replacement of natural gas pipe, upgrading transmission lines, enhancing cybersecurity and upgrading hydroelectric turbines and generators in our century-old Little Falls dam.
Avista (AVA), a leader in clean electricity, today announced it signed an agreement with the California Independent System Operator for the utility to participate in the Western Energy Imbalance Market (EIM), furthering its commitment to integrate renewable energy into its electric generation resource mix. The Western EIM is a real-time energy wholesale market that automatically provides the lowest-cost electricity resources available to meet utility customer needs. This permits the Western region to share generation resources over a large geographic area, resulting in a more efficient use of renewable energy at the lowest available cost for customers. “Avista has always been committed to balancing reliability and affordability while maintaining responsibility for our environmental footprint, and our actions demonstrate these values,” said Jason Thackston, senior vice president, energy resources, Avista.
SPOKANE, Wash., April 23, 2019 -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss first quarter 2019 results on Thursday, May 2, 2019,.
Avista (AVA), a leader in clean electricity, today announced its goal to serve its customers with 100 percent clean electricity by 2045 and to have a carbon-neutral supply of electricity by the end of 2027. “We’re proud to announce this 100 percent clean electricity goal as an important step forward in caring for our environment while continuing to meet the energy needs of our customers and communities today and well into the future,” said Dennis Vermillion, president of Avista.
Nearly 200 community leaders joined Avista this week in celebrating the Company’s 130th birthday at events in Washington and Idaho where Avista leadership announced a major philanthropic contribution that extends Avista’s long, rich tradition of championing the communities it serves. “Our region and our company are human powered,” said Scott Morris, chairman and CEO of Avista.
Avista, through a request for proposal issued in June 2018, has selected to purchase power generated by the proposed Rattlesnake Flat Wind project in Adams County, Washington. Rattlesnake Flat Wind, a wind energy facility permitted and being developed by renewable energy developer Clearway Energy Group (“Clearway”), will provide Avista with approximately 50 average megawatts of renewable energy, or as much as 144 megawatts of nameplate wind capacity, under a 20-year power purchase agreement (PPA) with deliveries beginning in 2020.
SPOKANE, Wash., March 15, 2019 -- Continuing capital investments in natural gas infrastructure led Avista (NYSE: AVA) to file a request today with the Public Utility Commission.
Today a home listed on the National Register of Historic Places was brought into the 21st century when Avista installed the very first smart electric meter in the Millwood community near Spokane. This iconic landmark has been part of the Millwood community since it was built in 1923, and today we’re excited to bring this historic home into the 21st century by installing the first smart electric meter and smart natural gas module. It’s a major step toward modernizing our grid to meet the energy demands of today and tomorrow,” said Avista Vice President of Energy Delivery Heather Rosentrater.
SPOKANE, Wash., Feb. 08, 2019 -- Avista Corp. (NYSE: AVA) today reported net income attributable to Avista Corp. shareholders of $136.4 million, or $2.07 per diluted share, for.