Published on 1 Mar 2024 on GuruFocus.com via Yahoo Finance
Evergy Inc's robust position as a leading wind energy supplier in the U.S. and its substantial rate base.Challenges posed by supply chain disruptions, inflation, and the evolving energy landscape.Opportunities for growth in renewable energy and energy efficiency advancements.Threats from climate change, regulatory changes, and technological disruptions.
Warning! GuruFocus has detected 9 Warning Signs with EVRG.
Evergy Inc (NASDAQ:EVRG), a regulated electric utility serving eastern Kansas and western Missouri, filed its 10-K on February 29, 2024. The company, with its major operating subsidiaries including Evergy Metro, Evergy Kansas Central, Evergy Missouri West, and Evergy Transmission Co., boasts a combined rate base of approximately $19 billion. As one of the largest wind energy suppliers in the U.S., Evergy Inc is at the forefront of the renewable energy sector. The financial overview from the 10-K filing reveals a company grappling with the challenges of supply chain disruptions and inflation, yet poised to capitalize on opportunities in a rapidly evolving energy market.