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Spark Energy Inc (SPKE.OQ)

SPKE.OQ on NASDAQ Stock Exchange Global Select Market

8.37USD
22 Oct 2018
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Latest Key Developments (Source: Significant Developments)

Spark Energy Inc. Announces Acquisition Of Mass Market Customer Book
Monday, 22 Oct 2018 

Oct 22 (Reuters) - Spark Energy Inc ::SPARK ENERGY, INC. ANNOUNCES ACQUISITION OF MASS MARKET CUSTOMER BOOK.SPARK ENERGY INC - TO ACQUIRE APPROXIMATELY 60,000 RESIDENTIAL RCES FROM A RETAIL ENERGY PROVIDER IN MID-ATLANTIC AND MIDWEST REGIONS.SPARK ENERGY INC - TRANSACTION REPRESENTS "EXCELLENT VALUE "AND WE EXPECT IT TO BE ACCRETIVE TO ADJUSTED EBITDA IN Q4 OF THIS FISCAL YEAR.  Full Article

Spark Energy Announces Public Offering Of Series A Preferred Stock
Tuesday, 23 Jan 2018 

Jan 23 (Reuters) - Spark Energy Inc ::SPARK ENERGY INC ANNOUNCES PUBLIC OFFERING OF SERIES A PREFERRED STOCK.SPARK ENERGY INC - COMMENCED A PUBLIC OFFERING OF ITS 8.75% SERIES A FIXED-TO-FLOATING RATE CUMULATIVE REDEEMABLE PERPETUAL PREFERRED STOCK.SPARK ENERGY - INTENDS TO USE NET PROCEEDS FROM OFFERING FOR MERGER AND ACQUISITION OPPORTUNITIES, INTERNATIONAL EXPANSION AND CORPORATE PURPOSES.  Full Article

Spark Energy Expects Residential Customer Equivalents (RCEs) In Excess Of 1 Mln As Of December 31, 2017​
Monday, 22 Jan 2018 

Jan 22 (Reuters) - Spark Energy Inc ::SPARK ENERGY, INC. ANNOUNCES UPDATED GUIDANCE ON SELECT 2017 FINANCIAL RESULTS.SPARK ENERGY - IS PROVIDING​ REVISED ADJUSTED EBITDA GUIDANCE OF BETWEEN $100.0 MILLION AND $105.0 MILLION FOR FY 2017.SPARK ENERGY INC - ‍COMPANY ALSO EXPECTS RESIDENTIAL CUSTOMER EQUIVALENTS (RCES) IN EXCESS OF 1 MILLION AS OF DECEMBER 31, 2017​.  Full Article

Spark Energy Announces Buyout Of Verde Earnout Obligations
Monday, 15 Jan 2018 

Jan 15 (Reuters) - Spark Energy Inc ::SPARK ENERGY- CO, VERDE ENERGY USA TO TERMINATE EARNOUT PROVISIONS OF PURCHASE.SALE DEAL IN WHICH CO ACQUIRED VERDE'S OPERATING UNITS IN JULY 2017​.SPARK ENERGY - THE ‍BUYOUT TRANSACTION PROVIDES FOR LUMP SUM PAYMENT OF ABOUT $6.0 MILLION IN JUNE 2019 IN SUBSTITUTION OF EXISTING EARNOUT OBLIGATIONS​.SPARK ENERGY INC - ‍WITH BUYOUT OF EARNOUT PROVISION, SPARK MANAGEMENT WILL ASSUME COMPLETE CONTROL OVER VERDE'S OPERATIONS, EFFECTIVE IMMEDIATELY​.  Full Article

Spark Energy Inc posts Q3 profit of $12.9 million
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Spark Energy Inc :Spark Energy Inc reports third quarter 2017 financial results.Spark Energy - ‍net income for quarter ended September 30, 2017, was $12.9 million compared to net income of $6.8 million for quarter ended September 30, 2016​.Spark Energy Inc - qtrly total revenues $215.5 million versus $158.1 mln‍​.  Full Article