Spark Energy, Inc.

Spark Energy, Inc.

Spark Energy, Inc.

Overview
Date Founded

2014

Headquarters

12140 Wickchester Lane, Suite 100, Houston, TX, 77079, USA

Type of Company

Public

Employees (Worldwide)

176

Industries

Power & Utilities
Retail: Othe

Company Description

Spark Energy, Inc. engages in the provision of electricity and natural gas. It operates through the Retail Natural Gas and Retail Electricity segments. The Retail Natural Gas segment purchases natural gas through physical and financial transactions with market counterparts. The Retail Electricity segment obtains electricity through independent system operators and supply to residential and commercial consumers. The company was founded in 1999 and is headquartered in Houston, TX.

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Executives & Employees

Director, President & Chief Executive Officer

Chief Financial & Risk Officer

Secretary & General Counsel

Investor Relations Contact

Board of Directors

Founder at Spark Energy, Inc.

Director, President & Chief Executive Officer at Spark Energy, Inc.

President, Chief Executive Officer & Director at Ontario Power Generation, Inc.

Professional at Associated Media Partners

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Spark Energy, Inc.
Owners & Shareholders
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Crow Point Partners specializes in global equity, global equity income and alternative/hedged investment strategies. The firm uses quantitative as well as in-depth fundamental research to identify companies that meet their investment criteria. Generally, investment decisions are determined after performing a thorough fundamental and/or quantitative financial analysis of the identified companies, which is confirmed by industry knowledge and quantitative tools. Crow Point invests across various market capitalization sizes and investment styles (small-, large- and mid-cap companies and value and growth) in both domestic and international securities and in all industry sectors.Crow Point's investment style will be governed by the intrinsic value of a security. The lower the price of a security compared to its assessed intrinsic value, the more attractive is its fundamental value to Crow Point. The firm may build positions in selected securities over time and will take advantage of price dips (or spikes in the case of shorts), whenever possible. While Crow Point may take advantage of short-term moves in securities prices, they tend to be a long-term holder. Crow Point may use moderate leverage when investing and trading their assets. Crow Point does not use fixed holding periods but will hold a position for as long as the position continues to meet their investment criteria, without regard to how long that position has been in the portfolio.

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WFFM uses a variety of methods to analyze securities and a offers a broad array of investment strategies to manage assets or formulate investment advice, although for many client relationships, they have contracted with sub-advisors day-to-day portfolio management services.The Wells Fargo Advantage Funds include mutual funds in every key asset class or category. The range of funds is designed to meet the investment goals and risk tolerance of almost any investment portfolio. Each fund is managed by an investment team chosen for its focused attention to a particular investment style.For their managed accounts, WFFM offers advice across various strategies and asset classes, including, but not limited to, small-, mid- and large-cap, as well as municipal fixed-income securities. They serve as an overlay manager and delegate certain investment responsibilities to sub-advisors, who provide securities selection through model portfolios.The Securities Lending Fund seeks to provide a positive return compared to the daily Fed Funds Open rate. Its main objectives are safety of principal and daily liquidity. The fund seeks to achieve a stable $1.00 price per share. WFFM delegates direct portfolio management of the fund to their affiliate, Wells Capital Management, Inc. (WCM). WCM seeks to achieve the fund's investment objective by investing in high-quality, US dollar-denominated short-term money market instruments and in securities with fixed, variable, or floating rates of interest.[WFFM is responsible for implementing the investment objectives and strategies of the Wells Fargo (Lux) Worldwide Fund sub-funds. WFFM contracts with sub-advisors to provide day-to-day portfolio management services to the sub-funds. WCM serves as sub-advisor to the US All Cap Growth Fund, US Large Cap Growth Fund, US High Yield Bond Fund, US Premier Growth Fund, US Short-Term High Yield Bond Fund, Emerging Markets Equity Fund, Emerging Markets Equity II Fund, Emerging Markets Equity Income Fund, Precious Metals Fund, China Equity Fund, US Dollar Short-Term Money Market Fund and US Select Equity Fund. Wells Fargo Bank, N.A., dba Wells Capital Management Singapore, also serves as sub-advisor to the US Dollar Short-Term Money Market Fund. Metropolitan West Capital Management serves as sub-advisor to the Global Equity Fund. First International Advisors serves as sub-advisor to the Global Opportunities Bond Fund.

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Bard manages the Bard Micro-cap Value Fund. The firm primarily invests in micro/small-cap US stocks. They invest heavily in the finance sector, but are not limited to any particular sectorBard maintains a low turnover rate.

Recent Transactions
Details Hidden

Spark Energy, Inc. purchases HIKO Energy LLC

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Spark Energy, Inc. purchases Verde Energy USA, Inc. from Pacific Advantage Capital Ltd.

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Spark Energy, Inc. purchases Major Energy Electric Services LLC from National Gas & Electric LLC

Insider Transactions
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Transaction Advisors
Escrow Agent

Advised onSpark Energy, Inc. issued Class A Common Stock

Underwriter

Advised onSpark Energy, Inc. issued Class A Common Stock

Underwriter

Advised onSpark Energy, Inc. issued Class A Common Stock

Associate, Capital Markets & Mergers & Acquisitions

Advised onSpark Energy, Inc. issued Class A Common Stock

Underwriter

Advised onSpark Energy, Inc. issued Class A Common Stock

Professional

Advised onSpark Energy, Inc. issued Class A Common Stock

Advisors & Consultants
Advisor

Chief Financial Officer at Motiva Enterprises LLC

Advisor

Former Senior Vice President & General Manager at Just Energy Corp.

Key Stats and Financials As of 2018
Market Capitalization
$145M
Total Enterprise Value
$332M
Earnings Per Share
$-0.69
Revenue
$1.01B
Net Profit
$-1.19M
EBITDA
$77.8M
EBITDAMargin
7.73%
Total Debt
$146M
Total Equity
$181M
Enterprise Value Sales
0.33x
Enterprise Value EBITDAOperating
4.26x
TEVNet Income
-279.54x
Debt TEV
0.44x
Three Year Compounded Annual Growth Rate Of Revenue
41.1%
Five Year Compounded Annual Growth Rate Of Revenue
25.99%
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Sempra Energy Oil & Gas | San Diego, CA

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Competitors
Exelon Corporation Power & Utilities - Chicago, IL

Exelon Corp. operates as a utility services holding company, which engages in the energy generation, power marketing, and energy delivery business. The company operates through the following segments: Mid Atlantic, Midwest, New England, New York, Electric Reliability Council of Texas (ERCOT) and other Power Regions. The Mid-Atlantic segment represents operations in the eastern half of PJM, which includes New Jersey, Maryland, Virginia, West Virginia, Delaware, the District of Columbia and parts of Pennsylvania and North Carolina. The Midwest segment represents operations in the western half of PJM, which includes portions of Illinois, Pennsylvania, Indiana, Ohio, Michigan, Kentucky and Tennessee, and the United States footprint of MISO, excluding MISO's Southern Region, which covers all or most of North Dakota, South Dakota, Nebraska, Minnesota, Iowa, Wisconsin, the remaining parts of Illinois, Indiana, Michigan and Ohio not covered by PJM, and parts of Montana, Missouri and Kentucky. The New England (NE) segment represents the operations within (International Standards Organization) ISO-NE covering the states of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont. The New York (NY) segment represents operations within ISO-NY, which covers the state of New York in its entirety. The ERCOT segment represents operations within Electric Reliability Council of Texas, covering most of the state of Texas. Exelon was founded in February 1999 and is headquartered in Chicago, IL.

NRG Energy, Inc. Power & Utilities - Princeton, NJ

NRG Energy, Inc. engages in the production, sale, and distribution of energy and energy services. Its wholesale operations include plant operations, commercial operations, EPC, energy services and other critical related functions. It operates through the following segments: Generation, Retail, and Corporate. The Generation segment includes all power plant activities, domestic and international, as well as renewables. The Retail segment includes mass customers and business solutions, which includes C&I customers and other distributed and reliability products. The Corporate segment includes residential solar and electric vehicle services. The company was founded in 1989 and is headquartered in Princeton, NJ.

Calpine Corporation Power & Utilities - Houston, Texas

Calpine Corp. operates as power generation company, which engages in the ownership and operation of natural-gas fired and geothermal power plants. It sells power and related services to wholesale customers who include commercial and industrial end-users, state and regional wholesale market operators, and retail customers. The company was founded by Peter Cartwright in June 1984 and is headquartered in Houston, TX.

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