Obbligazioni in dollari Keep Calm And Invest Preferred Shares Usa (13 lettori)
Wallygo
Forumer storico
forse JC Penney è sulla strada giusta
JC Penney (NYSE:JCP) schizza alle stelle con +23,39%: i profitti trimestrali hanno battuto le aspettative e la compagnia ha annunciato che prevede una positività dei flussi di cassa disponibili nel prossimo anno mentre riduce i punti vendita meno redditizi.
J.C. Penney Co Inc $ 1,52 +0,28 chiusura a + 22,58 % 28-02-19
JC Penney (NYSE:JCP) schizza alle stelle con +23,39%: i profitti trimestrali hanno battuto le aspettative e la compagnia ha annunciato che prevede una positività dei flussi di cassa disponibili nel prossimo anno mentre riduce i punti vendita meno redditizi.
J.C. Penney Co Inc $ 1,52 +0,28 chiusura a + 22,58 % 28-02-19
Fabrib
Forumer storico
There is uncertainty regarding the Federal Reserve’s next move.
Short-term duration bonds are preferable in the event the Federal Reserve increases the Federal Funds Rate.
B. Riley (RILYI) with a 6.79% yield provides a good yield with a company possessing a strong balance sheet.
B. Riley's 6.88% Bonds: An Investment For Whatever The Fed Throws At Us - B. Riley Finl 6.875 % Notes 2018-30.09.23 (Pending:RILYI) | Seeking Alpha
Short-term duration bonds are preferable in the event the Federal Reserve increases the Federal Funds Rate.
B. Riley (RILYI) with a 6.79% yield provides a good yield with a company possessing a strong balance sheet.
B. Riley's 6.88% Bonds: An Investment For Whatever The Fed Throws At Us - B. Riley Finl 6.875 % Notes 2018-30.09.23 (Pending:RILYI) | Seeking Alpha
Fabrib
Forumer storico
HOUSTON, March 04, 2019 (GLOBE NEWSWIRE) -- Spark Energy, Inc. ("Spark" or the "Company") (NASDAQ: SPKE), an independent retail energy services company, today reported financial results for the year ended December 31, 2018.
Key Business Highlights
“Looking ahead, 2019 is already off to a good start. Our hedging strategy performed very well through the first half of the winter. We continue to shed larger, lower margin C&I customers, while the last of the full year hedges we put on during 2018's Bomb Cyclone rolled off in December. As a result, we expect our electricity unit margins to increase steadily over the next couple of years. We continue to focus on our mass market book while realizing the remaining cost savings we first targeted in 2017.
“We recently upsized our credit facility to $217.5 million, which gives us the flexibility to continue to be opportunistic on the M&A front. When you combine this with our disciplined approach to unit margin improvement and anticipated cost savings, we have a lot to look forward to.”
Summary Fourth Quarter 2018 Financial Results
For the quarter ended December 31, 2018, Spark reported Adjusted EBITDA of $20.1 million compared to Adjusted EBITDA of $28.9 million for the quarter ended December 31, 2017. The decrease was primarily due to lower Retail Gross Margin partially offset by decreased spending on G&A and Customer Acquisition Costs.
For the quarter ended December 31, 2018, Spark reported Retail Gross Margin of $50.2 million compared to Retail Gross Margin of $66.2 million for the quarter ended December 31, 2017. The decrease was due to lower electricity unit margins and lower natural gas volumes.
Net loss for the quarter ended December 31, 2018, was $15.3 million compared to net income of $46.3 million for the quarter ended December 31, 2017, primarily due to a decrease in the non-cash mark-to-market position of our hedging book, the decrease in Retail Gross Margin detailed above, and the inclusion in 2017 of a reduction in our Tax Receivable Agreement (TRA) liability, offset by lower income tax expense in 2018 due to the Tax Law change.
Summary Full Year 2018 Financial Results
For the year ended December 31, 2018, Spark reported Adjusted EBITDA of $70.7 million compared to Adjusted EBITDA of $102.9 million for the year ended December 31, 2017. The decrease was primarily due to lower Retail Gross Margin due to full year financial impacts of the extreme weather events of the first quarter of 2018, as well as increased G&A, partially offset by a reduction in Customer Acquisition Costs.
For the year ended December 31, 2018, Spark reported Retail Gross Margin of $185.1 million compared to Retail Gross Margin of $224.5 million for the year ended December 31, 2017. The decrease was primarily due to lower electricity unit margins caused by the increase in retail costs of goods sold from full year impacts of the extreme weather experienced in the first quarter of 2018 and other factors, along with a reduction in natural gas volumes, partially offset by an increase in electric volumes.
Net loss for the year ended December 31, 2018, was $14.4 million compared to net income of $75.0 million for the year ended December 31, 2017, primarily due to a decrease in a non-cash mark-to-market position of our hedging book, the decrease in Retail Gross Margin detailed above, and the inclusion in 2017 of a reduction in our TRA liability, offset by lower income tax expense in 2018 due to the Tax Law change.
Key Business Highlights
- Recorded $20.1 million in Adjusted EBITDA, $50.2 million in Retail Gross Margin, and $15.3 million in Net Loss for the fourth quarter 2018
- Recorded $70.7 million in Adjusted EBITDA, $185.1 million in Retail Gross Margin, and $14.4 million in Net Loss for the year ended 2018
- Total RCE count of 908,000 as of December 31, 2018
- Average monthly attrition of 4.7% for the year ended December 31, 2018
- Closed three acquisitions in 2018
- Brand consolidation and other synergies on track for $22 million in run-rate G&A savings
- Increased commitments on the senior credit facility to $217.5 million
“Looking ahead, 2019 is already off to a good start. Our hedging strategy performed very well through the first half of the winter. We continue to shed larger, lower margin C&I customers, while the last of the full year hedges we put on during 2018's Bomb Cyclone rolled off in December. As a result, we expect our electricity unit margins to increase steadily over the next couple of years. We continue to focus on our mass market book while realizing the remaining cost savings we first targeted in 2017.
“We recently upsized our credit facility to $217.5 million, which gives us the flexibility to continue to be opportunistic on the M&A front. When you combine this with our disciplined approach to unit margin improvement and anticipated cost savings, we have a lot to look forward to.”
Summary Fourth Quarter 2018 Financial Results
For the quarter ended December 31, 2018, Spark reported Adjusted EBITDA of $20.1 million compared to Adjusted EBITDA of $28.9 million for the quarter ended December 31, 2017. The decrease was primarily due to lower Retail Gross Margin partially offset by decreased spending on G&A and Customer Acquisition Costs.
For the quarter ended December 31, 2018, Spark reported Retail Gross Margin of $50.2 million compared to Retail Gross Margin of $66.2 million for the quarter ended December 31, 2017. The decrease was due to lower electricity unit margins and lower natural gas volumes.
Net loss for the quarter ended December 31, 2018, was $15.3 million compared to net income of $46.3 million for the quarter ended December 31, 2017, primarily due to a decrease in the non-cash mark-to-market position of our hedging book, the decrease in Retail Gross Margin detailed above, and the inclusion in 2017 of a reduction in our Tax Receivable Agreement (TRA) liability, offset by lower income tax expense in 2018 due to the Tax Law change.
Summary Full Year 2018 Financial Results
For the year ended December 31, 2018, Spark reported Adjusted EBITDA of $70.7 million compared to Adjusted EBITDA of $102.9 million for the year ended December 31, 2017. The decrease was primarily due to lower Retail Gross Margin due to full year financial impacts of the extreme weather events of the first quarter of 2018, as well as increased G&A, partially offset by a reduction in Customer Acquisition Costs.
For the year ended December 31, 2018, Spark reported Retail Gross Margin of $185.1 million compared to Retail Gross Margin of $224.5 million for the year ended December 31, 2017. The decrease was primarily due to lower electricity unit margins caused by the increase in retail costs of goods sold from full year impacts of the extreme weather experienced in the first quarter of 2018 and other factors, along with a reduction in natural gas volumes, partially offset by an increase in electric volumes.
Net loss for the year ended December 31, 2018, was $14.4 million compared to net income of $75.0 million for the year ended December 31, 2017, primarily due to a decrease in a non-cash mark-to-market position of our hedging book, the decrease in Retail Gross Margin detailed above, and the inclusion in 2017 of a reduction in our TRA liability, offset by lower income tax expense in 2018 due to the Tax Law change.
NoWay
It's time to play the game
Non può perché il primo post non l'ha scritto lui...
Al massimo si potrebbe chiedere ai moderatori di modificarlo inserendo la lista...
Myskin
Forumer stoico
benissimo, tks a tutti e due, mi pare che la lista postata da fabrib sia aggiornata, nel caso il moderatore potrebbe metterla in prima pagina?
