reports
Avista Corp. Board Declares Common Stock Dividend
Avista Corp. Board Declares Common Stock Dividend SPOKANE, Wash., May 01, 2024 (GLOBE NEWSWIRE) -- (NYSE: AVA) board of directors has declared a quarterly dividend of $0.475 per share on the company’s common stock. The common stock dividend is payable June 14, 2024, to shareholders of record at the close of business on May 23, 2024. The declaration of dividends is at the sole discretion of the board of directors. The board considers the level of dividends on a regular basis, taking into account numerous factors, including financial results, business strategies, and economic and compet...
Avista Corp. Reports Financial Results for the First Quarter of 2024, ...
Avista Corp. Reports Financial Results for the First Quarter of 2024, Confirms 2024 Earnings Guidance First quarter consolidated earnings per diluted share of $0.91, in line with expectationsConfirms consolidated earnings guidance of $2.36 to $2.56 per diluted share SPOKANE, Wash., May 01, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) today announced financial results for the first quarter of 2024. Net income and earnings per diluted share for the first quarter of 2024 compared to the first quarter of 2023 are presented in the table below (dollars in thousands, except per-share data)...
Avista Corp. First Quarter 2024 Earnings Conference Call and Webcast A...
Avista Corp. First Quarter 2024 Earnings Conference Call and Webcast Announced SPOKANE, Wash., April 05, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss first quarter 2024 results on Wednesday, May 1, 2024, at 10:30 a.m. Eastern Daylight Time. A news release with first quarter 2024 earnings information will be issued at 7:05 a.m. Eastern Daylight Time on May 1, 2024. This call can be accessed on Avista’s website at . You must pre-register for the call via the Presentations and Events link at Avista’s website () to access th...
Ethisphere names Avista as one of the 2024 World’s Most Ethical Compan...
Ethisphere names Avista as one of the 2024 World’s Most Ethical Companies® for the fifth time Recognition honors companies demonstrating business integrity through best-in-class ethics, compliance, and governance practices SPOKANE, Wash., March 04, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA), a Washington state-based energy company with operations spanning five states, has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the . Avista has been recognized by Ethisphere for five consecutive years since ...
Avista Corp. Announces 2023 Results and Initiates 2024 Earnings Guidan...
Avista Corp. Announces 2023 Results and Initiates 2024 Earnings Guidance 2023 consolidated earnings per diluted share of $2.24Significant improvement in Avista Utilities earnings reflects the benefits of cost recovery and cost management2024 consolidated earnings guidance initiated at $2.36 to $2.56 per diluted share SPOKANE, Wash., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) today announced financial results for 2023. Net income and earnings per diluted share for the fourth quarter and the year ended Dec. 31, 2023 (year-to-date) as compared to the respective periods of 20...
Avista Corp. Board Increases Common Stock Dividend
Avista Corp. Board Increases Common Stock Dividend SPOKANE, Wash., Feb. 07, 2024 (GLOBE NEWSWIRE) -- (NYSE: AVA) board of directors has declared a quarterly dividend of $0.475 per share on the company’s common stock, an increase of $0.015 per share, yielding an annualized dividend of $1.90. The common stock dividend is payable March 15, 2024, to shareholders of record at the close of business on February 23, 2024. “The dividend increase approved by the board of directors marks the twenty-second consecutive year the board has raised the dividend for our shareholders. I believe it demonst...
Avista signs new renewable natural gas contract
Avista signs new renewable natural gas contract SPOKANE, Wash., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Avista recently signed an agreement with Pine Creek RNG (“Pine Creek”) to purchase renewable natural gas (“RNG”) to be produced at the Quad Cities Landfill in Milan, IL. The Quad Cities Landfill is owned by Millennium Waste Incorporated, a subsidiary of Waste Connections. In October 2022, Avista released a request for proposal (RFP) to secure RNG resources for its customers over the long term. RNG is derived from organic waste streams that would otherwise release methane to the environment as...
Avista files multi-year rate plan in Washington
Avista files multi-year rate plan in Washington Company’s filing seeks to recover infrastructure investments and expenses necessary to serve customers SPOKANE, Wash., Jan. 18, 2024 (GLOBE NEWSWIRE) -- Today Avista (NYSE: AVA) filed a multi-year rate plan with the Washington Utilities and Transportation Commission (WUTC or Commission) that, if approved, would allow the Company to recover increased operating and maintenance costs and ongoing investments to infrastructure, technology and more. If approved, new rates would be effective in Dec. 2024 and Dec. 2025. “The effects of inflatio...
Avista Corp. Fourth Quarter 2023 Earnings Conference Call and Webcast ...
Avista Corp. Fourth Quarter 2023 Earnings Conference Call and Webcast Announced SPOKANE, Wash., Jan. 12, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss fourth quarter 2023 results on Wednesday, February 21, 2024, at 10:30 a.m. Eastern Daylight Time. A news release with fourth quarter 2023 earnings information will be issued at 7:05 a.m. Eastern Daylight Time on February 21, 2024. This call can be accessed on Avista’s website at . You must pre-register for the call via the Presentations and Events link at Avista’s website (...
Avista posts updated Corporate Responsibility report
Avista posts updated Corporate Responsibility report The latest environmental, social and governance (ESG) information can be found at . SPOKANE, Wash., Dec. 21, 2023 (GLOBE NEWSWIRE) -- Today, Avista (NYSE: AVA) published its latest Corporate Responsibility report and other environmental, social and governance (ESG) information on its corporate website, . The content reports on Avista’s operations and includes commitments in four areas: environment, people, customers and communities, and ethical governance. The latest report includes progress updates regarding Avista’s aspirational go...
Avista Corp. Board Declares Common Stock Dividend
Avista Corp. Board Declares Common Stock Dividend SPOKANE, Wash., Nov. 02, 2023 (GLOBE NEWSWIRE) -- (NYSE: AVA) board of directors has declared a quarterly dividend of $0.46 per share on the company’s common stock. The common stock dividend is payable December 15, 2023, to shareholders of record at the close of business on November 17, 2023. The declaration of dividends is at the sole discretion of the board of directors. The board considers the level of dividends on a regular basis, taking into account numerous factors, including financial results, business strategies, and economic and...
Avista Corp. Reports Financial Results for the Third Quarter of 2023
Avista Corp. Reports Financial Results for the Third Quarter of 2023 SPOKANE, Wash., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) today reported net income of $14.7 million, or earnings of $0.19 per diluted share, for the third quarter of 2023, compared to a net loss of $5.8 million, or $0.08 per diluted share, for the third quarter of 2022. For the nine months ended Sept. 30, 2023, net income was $87.0 million, or $1.14 per diluted share, compared to $77.2 million, or $1.06 per diluted share for the nine months ended Sept. 30, 2022. “Avista Utilities' results for the t...
Avista receives approval of all-party, all-issues settlement in Oregon...
Avista receives approval of all-party, all-issues settlement in Oregon general rate case New rates take effect on January 1, 2024. SPOKANE, Wash., Oct. 27, 2023 (GLOBE NEWSWIRE) -- Avista (NYSE:AVA) received approval from the Public Utility Commission of Oregon (OPUC or Commission) of the settlement agreement that was filed on August 3, 2023, concluding the Company’s natural gas general rate case. The approved rates are designed to increase annual natural gas revenues by $7.16 million or 4.7%, effective Jan. 1, 2024. The settlement capital structure includes a 9.5% return on equity (RO...
Avista Corp. Third Quarter 2023 Earnings Conference Call and Webcast A...
Avista Corp. Third Quarter 2023 Earnings Conference Call and Webcast Announced SPOKANE, Wash., Oct. 11, 2023 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss third quarter 2023 results on Wednesday, November 1, 2023, at 10:30 a.m. Eastern Daylight Time. A news release with third quarter 2023 earnings information will be issued at 7:05 a.m. Eastern Daylight Time on November 1, 2023. This call can be accessed on Avista’s website at . You must pre-register for the call via the Presentations and Events link at Avista’s website () t...
Avista Foundation Announces Third Quarter Grants
Avista Foundation Announces Third Quarter Grants Awards over $171,000 to support Economic and Community Vitality SPOKANE, Wash., Oct. 04, 2023 (GLOBE NEWSWIRE) -- The Avista Foundation announced its third quarter grants today, awarding more than $171,000 to 24 non-profit organizations in Washington, Idaho, Oregon, Montana, and Alaska. The grants are intended to directly benefit Economic and Community Vitality. “We’re committed to investing in our communities,” said Dennis Vermillion, Avista CEO, “and supporting organizations that foster economic and community vitality is part of this c...
Avista Corp. Names New President and Announces Senior Leadership Chang...
Avista Corp. Names New President and Announces Senior Leadership Changes SPOKANE, Wash., Sept. 07, 2023 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) announced that Senior Vice President and Chief Operating Officer Heather Rosentrater will become President and COO, making her the first female President in the company’s 134 year history. Dennis Vermillion will remain Avista’s Chief Executive Officer. The changes will go into effect on Oct. 1, 2023. At age 46, Rosentrater will be the company’s 15th President since it was founded in 1889. Rosentrater has spent her entire professional caree...
Avista issues request for proposals for renewable or responsibly produ...
Avista issues request for proposals for renewable or responsibly produced natural gas RNG/RSG sought to meet carbon reduction requirements and goals. SPOKANE, Wash., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Avista, through a request for proposal (RFP), is seeking to secure renewable natural gas (RNG) or responsibly sourced gas (RSG) resources for its customers over the long term. RNG is derived from organic waste streams that would otherwise release methane to the environment as they decompose. These sources include, for example, landfills, wastewater treatment plants, food waste and dairy wa...
Avista Makes Annual Price Adjustment Requests in Washington and Idaho
Avista Makes Annual Price Adjustment Requests in Washington and Idaho Overall changes in electric and natural gas prices would be effective November 1, 2023. SPOKANE, Wash., Sept. 01, 2023 (GLOBE NEWSWIRE) -- Avista (NYSE: AVA) has made annual rate adjustment filings with the utility commissions in Washington and Idaho that, if approved, will result in an increase in electric rates and decrease in natural gas rates in Washington, and increase natural gas rates in Idaho, effective November 1, 2023. Washington Electric Adjustment FilingsFour electric adjustments were filed, that if app...
Avista receives approval of multiparty settlement in Idaho general rat...
Avista receives approval of multiparty settlement in Idaho general rate cases New rates take effect on Sept. 1, 2023 and Sept. 1, 2024. SPOKANE, Wash., Aug. 31, 2023 (GLOBE NEWSWIRE) -- Avista (NYSE:AVA) received approval from the Idaho Public Utilities Commission (IPUC or Commission) of the multiparty settlement agreement that was filed on June 14, 2023, concluding the Company’s electric and natural gas general rate cases. New electric rates take effect Sept. 1, 2023 and Sept 1, 2024. The approved rates are designed to increase annual base electric revenues by $22.1 million or 8.0%, e...
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