Evergy Inc (NYSE:EVRG)

North American company
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Market Info - EVRG

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Company Info - EVRG

  • Market Cap$12.677bn
  • SymbolNYSE:EVRG
  • IndustryUtilities
  • SectorUtilities - Regulated Electric
  • Currency
  • ISINUS30034W1062

Company Profile

Evergy is a regulated electric utility serving eastern Kansas and western Missouri. Major operating subsidiaries include Kansas City Power & Light, KCP&L Greater Missouri Operations, and Kansas Gas & Electric. The company has a combined rate base of approximately $14 billion, about half in Kansas and half split between Missouri and federal jurisdiction. Evergy operates and owns 94% of the 1,200 MW Wolf Creek nuclear plant that supplies about 17% of the company's net generation or purchased power. Coal and natural gas generation supply about 60% of total sales but is declining with planned coal plant retirements. Including purchased power contracts, Evergy gets about 27% of its power from renewables, mostly wind, making it one of the largest wind energy suppliers in the U.S.Evergy Inc, formerly Westar Energy Inc through its subsidiaries, acts as an electricity provider in Kansas, providing generation, transmission, and distribution services in the central and northeastern regions of the state.

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