How much is Vectren stock worth?
One share of VVC stock can currently be purchased for approximately $72.38. How much money does Vectren make? Vectren has a market capitalization of $7.32 billion and generates $2.66 billion in revenue each year. The utilities provider earns $216 million in net income (profit) each year or $2.60 on an earnings per share basis.
Will CenterPoint Energy buy Vectren stock for $72?
Houston-based CenterPoint Energy said Monday it would pay $72 in cash for each share of Vectren stock and assume all outstanding Vectren net debt. The offer represents a 9.8% premium over Friday's $65.55 closing price for the stock. Vectren ( VVC) shares were 6% higher at $69.49 in late morning trading.
How many customers does Vectren serve in Indiana?
Evansville, Ind.-based Vectren provides natural gas to more than 1 million customers in Indiana and Ohio. Approximately 145,000 Indiana customers get electricity from Vectren.
Will Vectren (VVC) underperform the S&P 500 over the long term?
Vote “Underperform” if you believe VVC will underperform the S&P 500 over the long term. You may vote once every thirty days. Vectren pays a meaningful dividend of 2.65%, higher than the bottom 25% of all stocks that pay dividends. Vectren does not have a long track record of dividend growth. The dividend payout ratio of Vectren is 73.85%.
What happened to Vectren?
On April 23, 2018, CenterPoint Energy and Vectren Corporation announced they have entered into a definitive merger agreement, with CenterPoint being the emerging head company. On February 1, 2019, the merger was completed and Vectren was delisted from the NYSE.
Is Vectren still in business?
HOUSTON and EVANSVILLE, Ind. , Feb. 1, 2019 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) and Vectren Corporation (NYSE: VVC) today announced the successful completion of their merger.
Did Vectren get bought out?
CenterPoint Energy acquired Vectren in 2019. Retiring the Vectren name and transitioning to CenterPoint Energy further unifies the company and its commitment to delivering energy to customers across its eight-state footprint. The transition to CenterPoint Energy's name and logo will be gradual.
Who took over Vectren?
Vectren will be renamed CenterPoint Energy, including new signs and markings, over the next several months, company spokeswoman Natalie Hedde said. Houston, Texas-based CenterPoint Energy finalized its merger with formerly Evansville, Indiana-based Vectren in February 2019.
Is Vectren now center point?
Houston and Evansville, Ind. – Feb. 1, 2019 – CenterPoint Energy, Inc. (NYSE: CNP) and Vectren Corporation (NYSE: VVC) today announced the successful completion of their merger.
Did Vectren change to CenterPoint?
CenterPoint Energy, Inc. and Vectren earlier this month announced the completion of the merger. The newly merged business will have a new name — CenterPoint Energy — and a new logo. But customers need do nothing differently as far as managing accounts or paying bills, the company said on its web site.
Is CenterPoint Energy the old Vectren?
CenterPoint acquired Miller Pipeline and Minnesota Limited in its acquisition of Indiana-based Vectren Corp., which closed a year ago. When the Vectren deal was announced in April 2018, it was valued at roughly $5.98 billion plus the assumption of Vectren's debt, which was expected to be about $2.5 billion.
Who took over CenterPoint Energy?
Summit Utilities Inc.Summit Utilities Inc. announced Monday that it has closed on its acquisition of gas distribution assets of CenterPoint Energy Inc. Assets included in the transaction serve approximately 525,000 customers in Oklahoma, Arkansas and Texas, and include about 17,000 miles of gas main pipeline in the three states.
What's the phone number for Vectren?
(800) 227-1376Vectren / Customer service
Did Vectren change names?
Vectren will be renamed CenterPoint Energy, including new signs and markings, over the next several months, company spokeswoman Natalie Hedde said. Houston, Texas-based CenterPoint Energy finalized its merger with formerly Evansville, Indiana-based Vectren in February 2019.
Did Vectren energy change its name?
- Combined company to be named CenterPoint Energy with corporate headquarters in Houston; Vectren will become a CenterPoint Energy company with the combined company's natural gas utilities operations and the Indiana electric operation to be headquartered in Evansville, Ind.
What is the gas company for Lafayette Indiana?
VectrenDuke Energy services West Lafayette and Lafayette and Tipmont REMC serves much of the area outside the city limits. Vectren provides natural gas service for most of Tippecanoe County. Telephone services in West Lafayette, Lafayette and surrounding local areas is provided by Frontier.
How were Vectren's earnings last quarter?
Vectren Co. (NYSE:VVC) posted its quarterly earnings data on Monday, November, 5th. The utilities provider reported $0.61 earnings per share for th...
Is Vectren a good dividend stock?
Vectren(NYSE:VVC) pays an annual dividend of $1.92 per share and currently has a dividend yield of 2.65%. The dividend payout ratio of Vectren is 7...
Who are Vectren's key executives?
Vectren's management team includes the following people: Mr. Carl L. Chapman , Chairman, Pres & CEO (Age 63) Ms. M. Susan Hardwick , Exec. VP &...
Who are some of Vectren's key competitors?
Some companies that are related to Vectren include Dominion Energy (D) , Sempra (SRE) , Consolidated Edison (ED) , Public Service Enterprise Gr...
What other stocks do shareholders of Vectren own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Vectren investors own include General Electric (GE) , Duk...
What is Vectren's stock symbol?
Vectren trades on the New York Stock Exchange (NYSE) under the ticker symbol "VVC."
What is Vectren's stock price today?
One share of VVC stock can currently be purchased for approximately $72.38.
How much money does Vectren make?
Vectren (NYSE:VVC) has a market capitalization of $7.32 billion and generates $2.66 billion in revenue each year. The utilities provider earns $216...
What is Vectren's official website?
The official website for Vectren is www.vectren.com .
Exchange of physical CenterPoint Energy stock certificates
On February 1, 2019, the CenterPoint Energy/CenterPoint Energy merger closed.
Historical stock information
On Monday, April 23, 2018, CenterPoint Energy and CenterPoint Energy Corporation announced that they had entered into a definitive merger agreement to form a leading energy delivery,infrastructure and services company, serving more than 7 million customers across the United States.
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