Avista Corporation (AVA)

Avista Corp. reported Q3 2025 earnings with EPS of $0.36, surpassing forecasts, but revenue fell short. Year-to-date consolidated earnings for 2025 improved to $1.51 per diluted share. Avista reaffirmed its 2025 consolidated earnings guidance of $2.52-$2.72 per share. In July 2025, Avista issued $120 million in long-term debt and AEL&P secured a $20 million term loan. The stock reached an all-time high closing price of $42.40 on February 5, 2026. Recent company news includes Avista's selection of projects for new energy and capacity resources and the filing of a four-year rate plan in Washington.

Avista Corp. experiences demand seasonality for its products and services, with demand for electricity and natural gas typically fluctuating with weather patterns, increasing during colder winter months for heating and warmer summer months for cooling. Avista's focus on "customer load growth" and the implementation of "Demand Response Programs" indicate active management of fluctuating energy demand.

Avista Corp. is an energy company involved in energy production, transmission, and distribution, operating in the Utilities sector. The company operates through Avista Utilities and Alaska Energy and Resources Company (AEL&P). Avista Utilities provides electric and natural gas services, while AEL&P delivers retail electric services in Juneau, Alaska. Avista's major products and services include retail electricity and natural gas for residential, commercial, and industrial customers, as well as wholesale purchases and sales of electricity and natural gas. The company generates electricity through a diverse mix of facilities.

Avista Utilities serves customers across approximately 30,000 square miles in eastern Washington, northern Idaho, and parts of northeastern and southwestern Oregon, and also supplies electricity to a smaller number of customers in Montana. The AEL&P segment provides electric services specifically in Juneau, Alaska. Avista's Energy Marketing and Resource Management segment markets and trades electricity and natural gas across 11 western states and the Canadian provinces of British Columbia and Alberta. Avista Advantage offers utility bill processing and information services throughout North America.

Avista Corp. has maintained a positive brand reputation, being recognized as one of the "2024 World's Most Ethical Companies" by Ethisphere for the fifth time. The company emphasizes its commitment to "power resilient, thriving communities" and highlights its legacy of innovation rooted in renewable energy generation since its founding in 1889.

Avista Corp.'s ownership is predominantly held by institutional investors, owning between 57.69% and 89.5% of the company's stock. Major institutional shareholders include BlackRock, Inc., The Vanguard Group, Inc., and State Street Global Advisors, Inc. Individual insiders hold less than 1% of the company's stock.