Via Renewables Announces 1:5 Reverse Stock Split
- ByInvesting.com
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Via Renewables, Inc. is an independent retail energy services company. The Company provides residential and commercial customers in the United States with an alternative choice for natural gas and electricity. The Company operates through two segments: Retail Electricity and Retail Natural Gas. In the Retail Electricity segment, the Company purchases electricity supply through physical and financial transactions with market counterparties and independent system operators (ISOs) and supplies electricity to residential and commercial consumers pursuant to fixed-price and variable-price contracts. In the Retail Natural Gas segment, the Company purchases natural gas supply through physical and financial transactions with market counterparties and supplies natural gas to residential and commercial consumers pursuant to fixed-price and variable-price contracts. The Company operates in approximately 103 utility service territories across 20 states and the District of Columbia.