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Spark Energy: 7% Dividend Yield, P/E Of 6.3x, And 19% FCF Yield

May 12, 2021 1:15 PM ETVia Renewables, Inc. (VIA)4 Comments


  • Spark Energy reported a disappointing, albeit expected loss in the quarter as the impact of the Texas winter storm played out on results.
  • Company continues to reduce exposure to lower margin commercial customers.
  • Stock trading at 4.0x EV/EBITDA on 2022 estimates.
  • 2022 FCF to EV of 19%.
  • Dividend yield of 7%.

Electricity workers and pylon silhouette
Photo by zhengzaishuru/iStock via Getty Images

Spark Energy (SPKE) delivers electricity and natural gas to its customer base which includes residential and commercial customers across 19 different states in the US. With significant room for organic growth and the


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Comments (4)

catsaunders financial profile picture
Awesome insight into the elec/gas industry and how it relates to SPKE. I enjoyed reading the article and we indeed have positions in SPKE within our Utility Portfolios 2021. We cut GNE (Genie Energy) solely due to discontinue of dividend, but are monitoring the stock for future additions.
Shows very high short interest...
NV_GARY profile picture
Are you discounting the risk legal action against them for how the storm affected customers?
Like the preferred more.
catsaunders financial profile picture
@NV_GARY The feds will not allow lawsuits considered Acts of God.
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