Just Energy Group, Inc. (JE) - NYSE
  • May 16, 2014, 3:53 PM
    • Just Energy (JE -16.5%) plunges after TD Securities downgrades shares to Reduce from Buy with a C$5 price target, down from C$10, and warns the company may cut its dividend.
    • TD says it trimmed its target multiple by 1.5x to a still healthy 7.25x to reflect slower growth rates and execution risk; the firm's lower valuation also comes from a reduced base EBITDA forecast because of deteriorating net customer adds, margins and growth rates.
    | May 16, 2014, 3:53 PM | 4 Comments
  • May 16, 2014, 12:46 PM
    | May 16, 2014, 12:46 PM
  • May 16, 2013, 10:36 AM

    Just Energy (JE +4.1%) rises after reporting FQ4 and FY13 results. From the report: Annual customer additions hit a record 1.355M and increase 24% Y/Y while the customer base grows 10% Y/Y to 4.46M. Gross margin expansion and embedded gross margin expansion of 5% and 15% respectively. Outlook: FY14 EBITDA of $220M (previously announced), long-term payout of 60-65% on FFO by H2 2016. (PR)

    | May 16, 2013, 10:36 AM
  • Mar. 25, 2013, 12:47 PM
    Midday top 10 gainers: STXS +56%. VBFC +14%. LEDS +13%. ERII +11%. VECO +11%. HZNP +10%. APOL +10%. SRT +10%. GSV +10%. EQU +9%.
    Midday top 10 losers: PGTI -16%. IDIX -15%. JASO -13%. TSL -13%. TOPS -13%. VHC -11%. FREE -10%. JE -10%. YGE -10%. BWEN -10%.
    | Mar. 25, 2013, 12:47 PM
  • Feb. 8, 2013, 1:00 PM
    Midday top 10 gainers: BDCO +32%. CZR +25%. ONCY +23%. LNKD +20%. SNCR +19%. GALT +13%. ZN +13%. FLT +12%. ZNGA +12%. ATVI +11%.
    Midday top 10 losers: ETRM -55%. MSON -22%. GUID -21%. NUAN -19%. RVBD -18%. QKLS -16%. JE -14%. NSP -13%. STS -11%. SPWR -10%.
    | Feb. 8, 2013, 1:00 PM
  • Feb. 8, 2013, 9:36 AM

    Just Energy (JE -15.4%) shares plunge at the open after the utility adopts a shareholder rights plan. The company also released FQ3 earnings of $0.28/share vs. a $0.70/share loss in the year-ago period. Cuts its dividend to C$0.07/month from C$10.33. Other highlights: energy customer additions of 341K, up 10% Y/Y; customer base growth to 4.3M, up 11% Y/Y.

    | Feb. 8, 2013, 9:36 AM | 2 Comments
Company Description
Just Energy Group, Inc. engages in the sale of natural gas and electricity to residential and commercial customers under long-term fixed-price, price-protected or variable-priced contracts and green energy products. It operates through two segments: Consumer Energy and Commercial Energy. The... More
Sector: Utilities
Industry: Diversified Utilities
Country: Canada