Is Westar Energy the right stock to buy?
Wall Street analysts have given Westar Energy a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Westar Energy wasn't one of them.
What happened to Westar Energy in 2002?
2002: Kansas Corporation Commission orders a sweeping reorganization of Westar Energy. Westar Energy, Inc.--formerly Western Resources, Inc.--was formed in 1992 as the result of a merger between the Kansas Power and Light Company (KPL) and the Kansas Gas and Electric Company (KG&E).
Why did Western Resources merge with KG&E?
When KG&E combined with the Kansas Power & Light Company to form Western Resources, the company was financially stable and well managed, but in need of the resources of a larger utility firm to help it weather rising costs and increasing competition.
What was the first company that KPL acquired in the 1930s?
KPL's major acquisition during the 1930s was the United Power and Light Corporation. Established in 1898 by Jacob Brown in a grist mill in Abilene, United Power and Light initially used the mill machinery to produce electrical power for the city.
See more
How were Westar Energy's earnings last quarter?
Westar Energy Inc (NYSE:WR) announced its earnings results on Wednesday, May, 9th. The utilities provider reported $0.42 earnings per share (EPS) f...
Is Westar Energy a good dividend stock?
Westar Energy(NYSE:WR) pays an annual dividend of $1.60 per share and currently has a dividend yield of 0.00%. View Westar Energy's dividend histo...
Who are Westar Energy's key executives?
Westar Energy's management team includes the following people: David A. Campbell , President, Chief Executive Officer & Director Kevin E. Bryant...
Who are some of Westar Energy's key competitors?
Some companies that are related to Westar Energy include NextEra Energy (NEE) , Duke Energy (DUK) , Southern (SO) , Eversource Energy (ES) , E...
What other stocks do shareholders of Westar Energy own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Westar Energy investors own include Great Plains Energy (G...
What is Westar Energy's stock symbol?
Westar Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "WR."
What is Westar Energy's stock price today?
One share of WR stock can currently be purchased for approximately $54.00.
What is Westar Energy's official website?
The official website for Westar Energy is www.westarenergy.com .
How can I contact Westar Energy?
Westar Energy's mailing address is 818 SOUTH KANSAS AVENUE, TOPEKA KS, 66601 . The utilities provider can be reached via phone at (816) 556-2200...
When did Westar Energy merge with KPL?
How many miles of electric lines does Westar Energy have?
2002: Kansas Corporation Commission orders a sweeping reorganization of Westar Energy. Westar Energy, Inc.--formerly Western Resources, Inc.--was formed in 1992 as the result of a merger between the Kansas Power and Light Company (KPL) and the Kansas Gas and Electric Company (KG&E).
What was KPL in 1959?
One of the largest combination utilities in the midwestern United States, Westar Energy provides electric utility and natural gas service primarily to some 640,000 customers in Kansas via 35,000 miles of electric distribution and transmission lines.
What company did KPL acquire?
By 1959, KPL was providing electricity and natural gas to flour mills, chemical companies, oil refineries, iron and steel manufacturers, cement firms, and clothing stores. In 1959 the sale of electricity generated nearly two-thirds of company revenues, while the sale of natural gas generated about one-third.
What was Western Resources' strategy?
1930s:KPL acquires the United Power and Light Corporation. 1940s:KPL makes another acquisition with its purchase of the Kansas Electric Power Company. 1949: The North American Light and Power Company, the holding company for KPL, is liquidated; KPL stock is first listed on the New York Stock Exchange.
What was the KPL acquisition?
A key strategy was to expand the size of its regional platform. To this end, in 1996 Western Resources became engaged in what would be a bitter two-year contest with Utilicorp United to acquire Kansas City Power and Light (KCPL). Initially, a merger was planned between KCPL and Utilicorp, but this deal fell through when shareholders, influenced in part by the prospect of a simultaneous hostile takeover bid by Western, withheld their support.
When did KPL merge with Kansas Gas and Electric?
Major Acquisitions for KPL: 1930s-40s. KPL's major acquisition during the 1930s was the United Power and Light Corporation. Established in 1898 by Jacob Brown in a grist mill in Abilene, United Power and Light initially used the mill machinery to produce electrical power for the city.
