Just Energy is also settling litigation related to its 2018 acquisition of Filter Group, and conducting a reverse split of its shares such that for every 33 shares of Just Energy a shareholder owns today, after the "split" (which is actually more of a consolidation) such shareholder will receive just 1 new share of the company.
Full Answer
Is Just Energy Group stock a buy or sell?
There are currently 3 sell ratings for the stock. The consensus among Wall Street research analysts is that investors should "sell" Just Energy Group stock. View analyst ratings for Just Energy Group or view top-rated stocks. When is Just Energy Group's next earnings date?
When is just Energy Group's next quarterly earnings announcement?
Just Energy Group is scheduled to release its next quarterly earnings announcement on Friday, February 25th 2022. View our earnings forecast for Just Energy Group. How were Just Energy Group's earnings last quarter? Just Energy Group Inc. (TSE:JE) announced its quarterly earnings results on Wednesday, November, 10th.
Will just energy be delisted from the Toronto Stock Exchange?
Canada's Just Energy said on Tuesday it had applied to voluntarily delist its shares from the Toronto Stock Exchange after the electricity and gas provider filed for bankruptcy last week.
Who is the CEO of Just Energy Group?
The company is led by former Danaher alum Larry Culp who is leading a multi-year turnaround of the storied conglomerate based on Lean principles. TORONTO, Feb. 09, 2022 (GLOBE NEWSWIRE) -- Just Energy Group Inc.
Will Just Energy stock go up?
But since this is an Energy company and since interest rates are historically low, that sweet point makes Just Energy just very lucky. We think there's a 68% chance Just Energy's stock will go up in 2022 and beyond.
Is Just Energy Group a good stock to buy?
The 1 analysts offering 12-month price forecasts for Just Energy Group Inc have a median target of 1.38, with a high estimate of 1.38 and a low estimate of 1.38. The median estimate represents a +752.75% increase from the last price of 0.16.
Does Just Energy pay a dividend?
Does Just Energy pay dividends? As of August 14, 2019, Just Energy Group's Board of Directors suspended payment of its common share dividend.
Is just energy in trouble?
March 2021, Just Energy is being investigated into possible securities fraud. NYSE Regulation had proceeded to delist its shares from the NYSE as Just Energy is proceeding to go under Chapter 15 of the Bankruptcy Code in the US.
Is Amigo Energy and Just Energy the same company?
Just Energy is the parent company of Amigo Energy, Filter Group Inc., Hudson Energy, Interactive Energy Group, Tara Energy, and terrapass.
Does Jengq pay dividends?
JENGQ is not currently paying a regular dividend.
How do you declare dividends on journal entries?
The journal entry to record the declaration of the cash dividends involves a decrease (debit) to Retained Earnings (a stockholders' equity account) and an increase (credit) to Cash Dividends Payable (a liability account).
Is Just Energy Group a buy right now?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Just Energy Group in the last year. There are currently 1 sell rating for...
When is Just Energy Group's next earnings date?
Just Energy Group is scheduled to release its next quarterly earnings announcement on Monday, June 27th 2022. View our earnings forecast for Just...
What price target have analysts set for JE?
1 analysts have issued 1-year price objectives for Just Energy Group's shares. Their forecasts range from C$2.50 to C$2.50. On average, they expect...
Who are Just Energy Group's key executives?
Just Energy Group's management team includes the following people: Mr. R. Scott Gahn , CEO, Pres & Director (Age 57, Pay $1.13M) Mr. James Brown...
Who are some of Just Energy Group's key competitors?
Some companies that are related to Just Energy Group include EQTEC (EQT) , Yü Group (YU) , AuraSource (ARAO) , Canadian Utilities (CDUAF) , E....
What other stocks do shareholders of Just Energy Group own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Just Energy Group investors own include Zymeworks (ZYME) ,...
What is Just Energy Group's stock symbol?
Just Energy Group trades on the Toronto Stock Exchange (TSX) under the ticker symbol "JE."
How do I buy shares of Just Energy Group?
Shares of JE and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian...
What is Just Energy Group's stock price today?
One share of JE stock can currently be purchased for approximately C$4.92.
Are investors shorting Just Energy Group?
Just Energy Group saw a increase in short interest in April. As of April 15th, there was short interest totaling 17,000 shares, an increase of 109....
When is Just Energy Group's next earnings date?
Just Energy Group is scheduled to release its next quarterly earnings announcement on Monday, June 27th 2022. View our earnings forecast for Just...
How were Just Energy Group's earnings last quarter?
Just Energy Group Inc. (OTCMKTS:JENGQ) announced its earnings results on Thursday, February, 17th. The company reported ($2.30) EPS for the quarter...
Who are Just Energy Group's key executives?
Just Energy Group's management team includes the following people: Mr. Anthony R. Horton , Exec. Chairman (Age 61, Pay $878.78k) Mr. R. Scott Ga...
Who are some of Just Energy Group's key competitors?
Some companies that are related to Just Energy Group include Cheniere Energy (LNG) , Cheniere Energy (LNG) , Engie (ENGIY) , Cheniere Energy Pa...
What is Just Energy Group's stock symbol?
Just Energy Group trades on the OTCMKTS under the ticker symbol "JENGQ."
How do I buy shares of Just Energy Group?
Shares of JENGQ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBu...
What is Just Energy Group's stock price today?
One share of JENGQ stock can currently be purchased for approximately $0.66.
How much money does Just Energy Group make?
Just Energy Group has a market capitalization of $31.73 million and generates $2.16 billion in revenue each year.
About Just Energy Group
Just Energy Group Inc., through its subsidiaries, provides electricity and natural gas commodities in the United States, Canada, and internationally. It operates through Consumer and Commercial segments.
Just Energy Group (TSE:JE) Frequently Asked Questions
3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Just Energy Group in the last year. There are currently 3 sell ratings for the stock. The consensus among Wall Street research analysts is that investors should "sell" Just Energy Group stock. View analyst ratings for Just Energy Group or view top-rated stocks.
What is just energy?
Just Energy is a retail energy provider specializing in electricity and natural gas commodities and bringing energy efficient solutions and renewable energy options to customers. Currently operating in the United States and Canada, Just Energy serves residential and commercial customers.
Who is Just Energy Group?
TORONTO, June 18, 2021 (GLOBE NEWSWIRE) -- Just Energy Group Inc. (“Just Energy” or the “Company”) (OTC: JENGQ), a retail energy provider specializing in electricity and natural gas commodities and bringing energy efficient solutions and renewable energy options to customers, announced today that on June 16, 2021, Texas Governor Greg Abbott signed House Bill 4492 (“HB 4492”), which provides a mechanism for recovery of certain costs incurred by various parties, including the Company, during the e
When did Just Energy file for bankruptcy?
On March 9, 2021, Just Energy and certain affiliates filed for creditor protection under the Companies’ Creditors Arrangement Act (Canada) (“CCAA”) in the Ontario Superior Court of Justice (Commercial List) and recognized under Chapter 15 of the United States Bankruptcy Code.
About Just Energy Group
Just Energy Group, Inc. engages in the provision of electricity and natural gas commodities, energy efficient solutions, and renewable energy options. It operates through the following segments: Consumer Energy, and Commercial Energy. The Consumer Energy segment includes cash and cash equivalents, as well as the long-term debt.
Are investors shorting Just Energy Group?
Just Energy Group saw a decline in short interest in the month of January. As of January 31st, there was short interest totaling 17,800 shares, a decline of 29.4% from the January 15th total of 25,200 shares.
When is Just Energy Group's next earnings date?
Just Energy Group is scheduled to release its next quarterly earnings announcement on Thursday, February 24th 2022. View our earnings forecast for Just Energy Group.
Who are some of Just Energy Group's key competitors?
Some companies that are related to Just Energy Group include Engie (ENGIY), Cheniere Energy (LNG), Cheniere Energy Partners (CQP), Atmos Energy (ATO), Brookfield Infrastructure (BIPC), National Fuel Gas (NFG), ENAGAS S A/ADR (ENGGY), New Fortress Energy (NFE), ONE Gas (OGS), Ultrapar Participações (UGP), New Jersey Resources (NJR), Spire (SR), South Jersey Industries (SJI), Northwest Natural (NWN) and Stabilis Solutions (SLNG). View all of JENGQ's competitors..
What is Just Energy Group's stock symbol?
Just Energy Group trades on the OTCMKTS under the ticker symbol "JENGQ."
How do I buy shares of Just Energy Group?
Shares of JENGQ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here.
What is Just Energy Group's stock price today?
One share of JENGQ stock can currently be purchased for approximately $1.00.
What is just energy?
Just Energy is a retail energy provider specializing in electricity and natural gas commodities and bringing energy efficient solutions and renewable energy options to customers.
How many Just Energy shares are there in 2020?
It will take some time for the dust to settle. As of September 30th, 2020, there were 47,987,581 shares of Just Energy common stock outstanding. As of June 4, 2021, Just Energy common shares are listed on the TSX Venture Exchange under the ticker symbol JE as well as the OTC Pink Sheet Exchange under the ticker symbol JENGQ.
When did Just Energy file for bankruptcy?
On March 9, 2021, Just Energy filed for protection under the Companies’ Creditors Arrangement Act (Canada) and under Chapter 15 of the Bankruptcy Code in the United States, to learn more please click here. That’s not to say this company won’t live to see another day. In the past five days, the stock is down over 11%.
When will Just Energy recover $100 million?
So the latest news is that Just Energy anticipates that it will apply to the Commission to recover approximately US $100 million of Costs of the freak winter event of Texas in early 2021. That’s really good news for investors and important to understand it could be enough to save the company.
Will energy stocks recover in 2021?
Energy stocks are having their golden era in the economic recovery of 2021, though that might not last forever either. It could also have a legal recourse to a recovery mechanism due to the extreme weather in Texas. Cold to hot, crazy weather is just the new normal for the United States.
The electricity retailer is going to take a big hit, and may not recover, from the Texas power grid breakdown
Howard grew up in Philadelphia watching the Philly sports teams struggle for championships. He has been investing since 1989 and been a Fool since 2001. Prior to joining The Fool as a contract writer in 2019, Howard worked in the steel business as an engineer for 28 years.
What happened
Shares of Canadian electricity and natural gas retailer Just Energy Group ( OTC:JE) are continuing to be impacted by the severe winter storm in Texas and related power grid breakdown. As of 11:25 a.m. EST, shares of Just Energy were down 30% compared to Friday's close.
So what
Last week, the company said it would delay filing its financial statements due to unknown impacts from the Texas weather event. Just Energy services 10 U.S. states including Texas. The company said in a statement last week that the Texas situation "may result in a positive or negative financial impact to the company, which could be substantial."
Now what
Just Energy now says it won't be able to file its financial statements and executive reporting documents until Feb. 26. It said it can't determine the financial impacts at this time due to problems obtaining "accurate information regarding customers' usage from the applicable utilities."
Why are energy stocks important?
Energy stocks are important but risky. The energy sector is vital to the global economy because it provides the fuel and power needed to drive trade and travel. However, when the economy slows, as it did during the COVID-19 pandemic, it can have a major impact on energy demand and prices.
Why should investors focus on the stocks of companies that can easily survive a downturn?
That will also put them in the best position to thrive when market conditions improve . In addition, they should consider focusing more attention on cleaner energy companies using renewable sources.
Why is energy important to the economy?
The energy sector is vital to the global economy because it provides the fuel and power needed to drive trade and travel. However, when the economy slows, as it did during the COVID-19 pandemic, it can have a major impact on energy demand and prices. That can put significant weight on energy stock prices.
Is energy a challenge?
The energy sector is a challenging one for investors, especially oil and gas companies. Energy prices can change in a heartbeat, which can have a massive impact on the sector, as well as on the global economy. That became abundantly clear at the start of the COVID-19 pandemic.
What happened
Two months ago, shares of Just Energy ( OTC:JE) were just jumping out of the box, soaring on news of a "strategic review" that got investors hoping that a sale of the company was in progress.
So what
So what did Just Energy have to say in its earnings report last night?
Now what
And then there's the worst news of all: "As part of the strategic review the Board of Directors has decided to suspend its common share dividend until further notice."
