|Bid||38.01 x 900|
|Ask||38.03 x 900|
|Day's range||37.19 - 38.03|
|52-week range||20.63 - 39.31|
|Beta (5Y monthly)||1.24|
|PE ratio (TTM)||N/A|
|Earnings date||05 Aug 2020 - 10 Aug 2020|
|Forward dividend & yield||2.72 (7.38%)|
|Ex-dividend date||14 May 2020|
|1y target est||39.00|
Covanta Holding's (CVA) efforts to improve infrastructure and its development of total ash processing system are expected to enhance its operations.
Enviva Partners, LP (EVA) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
Enviva Partners, LP (NYSE: EVA) (the "Partnership" or "we") has completed the previously announced acquisition (the "Greenwood Acquisition") from its sponsor of Enviva Pellets Greenwood Holdings II, LLC, which, through its wholly owned subsidiaries, owns a wood pellet production plant in Greenwood, South Carolina (the "Greenwood plant").
Enviva Partners, LP (NYSE: EVA) (the "Partnership" or "we") announced today the pricing of its previously announced private placement to eligible purchasers of $150 million in aggregate principal amount of 6.5% senior unsecured notes due 2026 (the "Additional Notes") at an offering price of 103.75% of the principal amount, which implies an effective yield to maturity of approximately 5.7%. The offering is expected to close on July 15, 2020, subject to customary closing conditions. Following the sale of Additional Notes, the Partnership will have $750 million principal amount of its 6.5% Senior Notes due 2026 outstanding.
Enviva Partners, LP (NYSE: EVA) (the "Partnership" or "we") announced today that, subject to market conditions, it intends to offer, with its wholly owned subsidiary Enviva Partners Finance Corp., an additional $150 million in aggregate principal amount of its 6.5% senior unsecured notes due 2026 (the "Additional Notes") in a private placement to eligible purchasers. The Partnership intends to use the net proceeds from the offering of Additional Notes to fund a portion of the cash consideration for the acquisitions of the limited liability company interests in Georgia Biomass Holding LLC and the interests owned by Enviva Development Holdings, LLC in Enviva Pellets Greenwood Holdings II, LLC, to repay borrowings under its revolving credit facility, and for general partnership purposes.
Enviva Partners, LP (NYSE: EVA) ("Enviva," the "Partnership," "we," "us," or "our") today announced that it has agreed to purchase a wood pellet production plant in Waycross, Georgia with associated export terminal capacity in Savannah, Georgia (the "Georgia Biomass Acquisition") from innogy SE and also has agreed to purchase the wood pellet production plant in Greenwood, South Carolina owned by our sponsor (the "Greenwood Acquisition" and, together, the "Acquisitions"). In connection with the Greenwood Acquisition, our sponsor has agreed to assign to the Partnership five firm, long-term, take-or-pay off-take contracts with creditworthy Japanese counterparties (the "Associated Off-Take Contracts") that have maturities between 2031 and 2041, aggregate annual deliveries of 1.4 million metric tons per year ("MTPY"), and an aggregate revenue backlog of $5.3 billion. The Partnership also announced that it has signed a purchase agreement with investors for the sale of $200.0 million in common units in a private placement (the "Private Placement") to finance a portion of the combined purchase price of the Acquisitions.
Enviva Partners, LP (NYSE: EVA) ("Enviva," the "Partnership," "we," "us," or "our") today announced that the sole member of the Partnership’s general partner has appointed Jeffrey W. Ubben, Chairman of ValueAct and Co-Portfolio Manager of its Spring Fund, to the general partner’s board of directors.
Thursday's painful selloff is a harbinger of good times ahead. The S&P 500 on average has rallied 2.14% the day after a drop of 5% or more, and ended on a positive note the next day 81.48% of the time.
Enviva Partners (EVA) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Enviva Partners, LP (NYSE: EVA) ("Enviva," the "Partnership," or "we") today reported financial and operating results for the first quarter of 2020.
The Enviva Forest Conservation Fund (the Fund) is pleased to announce the recipients of its 2020 grants in the total amount of $500,000. The projects funded will help protect a total of 3,322 forested acres and conserve ecologically sensitive bottomland forests in the coastal regions of Virginia and North Carolina.
Enviva Partners, LP (NYSE: EVA) will hold a conference call to discuss 2020 first quarter financial results on April 30th, 2020.
The 2020 Implementation Plans include new goals & initiatives to deliver on the company’s commitment to responsible & sustainable wood sourcing.
In a special letter to stakeholders (see below), John Keppler, Chairman and Chief Executive Officer of Enviva Partners, LP (NYSE: EVA) (the "Partnership," "we," or "our"), announced that, to date, the Partnership’s operations have not been significantly impacted by the outbreak of a novel strain of coronavirus ("COVID-19"). In addition, the Partnership’s liquidity remains robust, with substantial availability under our $350 million revolving credit facility. With no debt maturities until 2023, our conservative balance sheet is supported by contracted revenues under long-term, take-or-pay off-take agreements that fully contract our production capacity with a weighted-average remaining term of 11.4 years and a revenue backlog of $10.6 billion as of February 1, 2020, without accounting for the additional contracts held at our sponsor. These agreements have fixed pricing and fixed volumes, which ensure that they do not expose our business to volatility in the price of crude oil, natural gas, or other energy commodities.
Enviva and The Longleaf Alliance announce 5-year partnership to protect & restore one of the most biodiverse ecosystems in North America.