Login

VECTREN CORP

No Longer Reporting

The company has not filed an annual or quarterly report since its Q3 FY2018 10-Q, filed Nov 6, 2018. Its latest SEC filing is a SC 13G from Feb 14, 2019.

The sections below describe the company as of the FY2017 annual report.

What Did They Do?

Delivers gas and electricity to households and businesses, and provides pipeline construction and energy projects to organizations.

How Did They Make Money?

FY2017 revenue

Who Were Their Customers?

Households, businesses and industrial users receive gas and electricity through Vectren’s utilities. Some gas customers buy gas from Vectren at approved rates, while Ohio customers generally buy from retail marketers; utilities and institutions also use its pipeline and energy-project services.

Did Revenues Turn Into Profits?

Yes. It kept 8 cents of every revenue dollar as net income in FY2017, but spent more cash than it brought in: free cash flow was −$103.8M.

Operating income, FY2017
12% of revenue
▼ −17% vs FY2016 ($381.5M, 16%)
Net income, FY2017
8% of revenue
▲ +2% vs FY2016 ($211.6M, 9%)
Free cash flow, FY2017
−4% of revenue
▲ +480% (Loss) vs FY2016 (−$17.9M, −1%)

How Were They Changing?

Since the FY2017 annual report
Latest quarter: Q3 FY2018, the three months to Sep 30, 2018
Revenue
▼ −4%
vs $691.2M in Q3 FY2017
Net income
▼ −19%
vs $61.9M in Q3 FY2017
  • Feb 1, 2019 CenterPoint Energy completed its acquisition of Vectren Vectren became CenterPoint Energy’s wholly owned subsidiary, and its shares were suspended from NYSE trading.

Held flat. Revenue was $2.7B in FY2017, about the same as the $2.5B of FY2013.

Create Account

Sign up for free to unlock this feature.

Already have an account? Sign in

Premium Feature

This feature requires a premium subscription to unlock unlimited historical data and advanced analysis tools.

Premium includes:

  • Unlimited historical financial data
  • Advanced analytics and insights
  • Priority support