Enviva Partners

Enviva, Inc. engages in the production, process, and distribution of wood biomass to power generators. It offers wood pellets and wood chips which are used in coal-fired power generation and power plants. The company was founded on November 12, 2013 and is headquartered in Bethesda, MD.

Earnings data Q1 2020

Earnings data Q2 2020

Earnings data Q3 2020

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

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Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

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Earnings data Q3 2024

Enviva targets doubling EBITDA by 2026, sees growth opportunities

Enviva Partners navigated challenges in 2022 but anticipates improved performance in 2023, driven by record volumes, higher sales prices, and cost efficiencies. The company aims for significant capacity growth and self-funding by 2027, supported by equity funding commitments.
Despite facing delays and deferred gross margin impacts, Enviva is confident in achieving strong EBITDA levels in 2023, benefiting from decreased energy and wood costs. The company's focus on growth and operational improvements positions it well for future success.

Enviva revises guidance, suspends dividend to prioritize growth and value

Enviva Partners faced challenges in Q1, leading to a guidance reset and a focus on cost reduction and operational improvements. Despite a disappointing start, the company remains optimistic about long-term growth opportunities, including reaching $500 million in EBITDA by 2026. Enviva's decision to suspend dividends aims to strengthen the balance sheet and create more value for shareholders.

Enviva maintains earnings guidance, focuses on cost reduction strategies

Enviva's Q2 performance met expectations, with a focus on cost reduction and operational improvements.
The company maintains guidance for full-year adjusted EBITDA and adjusts capital expenditure plans for liquidity management.
Challenges include operational issues at specific facilities and managing costs amidst capital adjustments.
Enviva's strategic focus on profitability, capacity expansions, and cost discipline positions it for future growth and efficiency.

Enviva Partners reports challenging Q3 earnings, focuses on transformation

Enviva Partners faced challenges in Q3 2023 due to lower wood pellet prices, resulting in a net loss of $85 million.
The company is implementing a transformation plan to improve profitability, realign leadership, and address liquidity challenges.
Despite near-term difficulties, Enviva remains positive about its long-term value and industry position, focusing on operational efficiency.
Sales volumes increased, but net revenue decreased, highlighting the need for strategic initiatives to enhance financial performance.

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Enviva develops, constructs, acquires, owns, and operates fully contracted wood pellet production plants. They offer a natural resource, wood fibre, and process it into dry powder. The company sells term, take-or-pay, and off-take contracts. They are producers of sustainable wood pellets, which replace fossil fuels.

Enviva Partners, LP (EVA) CEO John Keppler on Q1 2021 Results - Earnings Call Transcript

BETHESDA, Md.--(BUSINESS WIRE)--Enviva Partners, LP (NYSE: EVA) (“Enviva,” the “Partnership,” “we,” or “our”) today announced the declaration of its 23rd consecutive quarterly distribution increase and reported financial and operating results for the first quarter of 2021. Additionally, the Partnership reaffirmed its previously announced full-year 2021 guidance. Highlights: For the first quarter of 2021, the Partnership declared a distribution of $0.785 per common unit, a 15.4% increase over th

Enviva Partners Announces 23rd Consecutive Quarterly Distribution Increase, Reports First Quarter 2021 Results, and Reaffirms Full-Year Guidance

BETHESDA, Md.--(BUSINESS WIRE)-- #AlternativeEnergy--Enviva publishes its 2021 Implementation Plans to continue to deliver on the company's commitment to responsible and sustainable wood sourcing.

Enviva Announces 2021 Responsible Sourcing Policy Goals

BETHESDA, Md.--(BUSINESS WIRE)-- #Bioenergy--Enviva, the world's largest producer of wood bioenergy, commits to annually assessing/disclosing the climate alignment of its chartering activities.

Enviva Joins the Sea Cargo Charter for Responsible Shipping

BETHESDA, Md.--(BUSINESS WIRE)--Enviva & The Longleaf Alliance released an Annual Report on the progress made towards increasing longleaf pine forests across the U.S. Southeast.

Enviva and The Longleaf Alliance Publish Partnership's First Annual Report on Restoration Accomplishments Across the U.S. Southeast

BETHESDA, Md.--(BUSINESS WIRE)--Enviva Partners, LP (NYSE: EVA) (the “Partnership,” “we,” or “our”) today announced that it has amended and restated its senior secured revolving credit facility. The transaction closed on April 16, 2021. The amended and restated senior secured revolving credit facility (the “Amended & Restated Credit Facility”) extends the maturity to April 2026 from October 2023, increases the facility's size to $525 million from $350 million, reduces the applicable interes

Enviva Partners, LP Increases Revolver Capacity and Extends Credit Facility

BETHESDA, Md.--(BUSINESS WIRE)--Enviva Partners, LP (NYSE: EVA) today announced the timing of its conference call to discuss first quarter 2021 financial results. When: April 29, 2021 at 10:00 a.m. Eastern Time       How: Online at: https://services.choruscall.com/links/enviva210429Evq6jUHy.html or by dialing (877) 883-0383 and entering the Participant Entry Number 7193449       Replays: Will be available for three months online at https://services.choruscall.com/ccforms/replay.html or by diali

Enviva Partners, LP to Hold Conference Call to Discuss First Quarter 2021 Financial Results

BETHESDA, Md. & TOKYO--(BUSINESS WIRE)-- #CleanEnergy--Enviva and Mitsui O.S.K. Lines to develop and deploy an environmentally friendly bulk carrier to reduce GHG emissions by harnessing wind energy

Enviva and MOL Explore GHG Emissions Reduction Technologies for Biomass Supply Chain

BETHESDA, Md.--(BUSINESS WIRE)--Enviva Partners, LP (NYSE: EVA) (“Enviva”) announced today that the 2020 unitholder tax packages are available online. Investors can obtain their 2020 tax packages, which include Schedule K-1, and sign up to receive their 2021 K-1 tax package electronically on the internet using this link - Enviva Partners, LP Tax Package Support website. The link is also posted on the Investor Relations section of our website - www.envivabiomass.com. We expect to commence mailin

Enviva Partners, LP's 2020 Schedule K-1 Tax Packages Are Now Available

Enviva Partners, LP (EVA) CEO John Keppler on Q4 2020 Results - Earnings Call Transcript

BETHESDA, Md.--(BUSINESS WIRE)--Enviva Partners, LP (NYSE: EVA) (“Enviva,” the “Partnership,” or “we”) today reported financial and operating results for the fourth quarter and full year of 2020. Highlights: The Partnership reported a net loss of $0.4 million, adjusted net income of $11.1 million, and adjusted EBITDA of $69.3 million for the fourth quarter, and net income of $17.1 million, adjusted net income of $46.0 million, and adjusted EBITDA of $190.3 million for the full year, of 2020 For

Enviva Partners, LP Reports Financial Results for the Fourth Quarter and Full Year of 2020 and Announces Commitment to “Net Zero”

This wood pellet supplier yields 6% with distributions rising every quarter since 2015. Long-term contracts with a product sales backlog of $14.9 billion and a total weighted average remaining term of 12.8 years.

With Enviva Partners, Income Grows On Trees

BETHESDA, Md.--(BUSINESS WIRE)--Enviva Partners, LP (NYSE: EVA) (the “Partnership”) announced today that the board of directors of its general partner declared a quarterly distribution of $0.78 per common unit for the fourth quarter of 2020. This distribution is the Partnership's twenty-second consecutive distribution increase since its initial public offering, representing a 15.6 percent increase from the fourth quarter of 2019. The quarterly distribution will be paid on Friday, February 26, 2

Enviva Partners, LP Announces Twenty-Second Consecutive Distribution Increase

BETHESDA, Md.--(BUSINESS WIRE)--Enviva Partners, LP (NYSE: EVA) will hold a conference call to discuss 2020 fourth-quarter and full-year financial results and provide guidance for 2021 on February 25th, 2021. When: February 25, 2021 at 10:00 a.m. Eastern Time.       How: On the internet at: https://services.choruscall.com/links/enviva210225Xyo34uEZ.html or by dialing (877) 883-0383 and enter the Participant Elite Entry Number 2548420       Replays: Will be available for three months on the inte

Enviva Partners, LP to Hold Conference Call for 2020 Financial Results

Enviva Partners (EVA) has moved higher as of late, but there could definitely be trouble on the horizon for this company.

Enviva Partners (EVA) Enters Overbought Territory

Enviva Partners can produce around 5 million tons of wood pellets each year which are used by utilities in Europe and Japan for power generation as a substitute for coal. EVA is benefiting from slumping demand for coal and growing consumption of wood pellets in several European countries and Japan.

Enviva Partners: This Fast Growing Wood Pellets MLP Is Capitalizing On Booming Demand

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Enviva Partners, LP (EVA) CEO John Keppler on Q3 2020 Results - Earnings Call Transcript

BETHESDA, Md.--(BUSINESS WIRE)--Enviva Partners, LP (NYSE:EVA) (“Enviva,” the “Partnership,” or “we”) today reported financial and operating results for the third quarter of 2020. Highlights: For the third quarter of 2020, the Partnership reported net income of $1.4 million, as compared to net income of $8.9 million for the third quarter of 2019 The Partnership reported adjusted EBITDA of $54.4 million for the third quarter of 2020, an increase of 38.0 percent from the corresponding quarter of

Enviva Partners, LP Reports Financial Results for Third Quarter 2020, Announces 21st Consecutive Distribution Increase, and Reaffirms Full-Year Guidance

BETHESDA, Md.--(BUSINESS WIRE)--Enviva Partners, LP (NYSE: EVA) (the “Partnership”) announced today that the board of directors of its general partner declared a quarterly distribution of $0.775 per common unit for the third quarter of 2020. This distribution is the Partnership's twenty-first consecutive distribution increase since its initial public offering, representing a 15.7 percent increase from the third quarter of 2019. The quarterly distribution will be paid on Friday, November 27, 202

Enviva Partners, LP Announces Twenty-First Consecutive Distribution Increase

BETHESDA, Md.--(BUSINESS WIRE)--Enviva Partners, LP (NYSE: EVA) will hold a conference call to discuss 2020 third quarter financial results on November 5th, 2020. When: November 5, 2020 at 10:00 a.m. Eastern Time.       How: On the internet at: https://services.choruscall.com/links/enviva201102tckcBQoE.html or by dialing (877) 883-0383 and enter the Participant Elite Entry Number 9344350       Replays: Will be available for three months on the internet at https://services.choruscall.com/ccforms

Enviva Partners, LP to Hold Conference Call for 2020 Third Quarter Financial Results

News for Enviva Partners Stock (EVA)