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Westar Energy Inc (WR)

WR on New York Consolidated

50.21USD
20 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Westar Energy reports Q2 EPS $0.50
Tuesday, 8 Aug 2017 05:00pm EDT 

Aug 8 (Reuters) - Westar Energy Inc :Westar Energy announces 2nd quarter 2017 results.Q2 earnings per share $0.50.Q2 earnings per share view $0.56 -- Thomson Reuters I/B/E/S.Qtrly ‍total revenues $609.3 million versus $621.4 million​.  Full Article

Great Plains Energy, Westar Energy announce amended agreement
Monday, 10 Jul 2017 06:32am EDT 

July 10 (Reuters) - Westar Energy Inc ::Great Plains Energy and Westar Energy announce amended agreement, agree to a no-premium merger of equals to form leading electric utility.Westar Energy Inc -deal ‍expected to be earnings accretive for both companies in first year​.Westar Energy Inc says upon closing, Ruelle will become non-executive chairman of new company board.Westar Energy Inc - Great Plains Energy shareholders will receive .5981 shares of common stock in new holding company for each Great Plains Energy share​.Says ‍transaction has a total equity value of approximately $14 billion​.Westar Energy Inc says Bassham will serve as president and chief executive officer of new company and will also serve as a member of board of directors.Deal is ‍structured to permit a tax-free exchange of shares. No transaction debt will be incurred​.Westar Energy Inc - Great Plains Energy shareholders will receive .5981 shares of common stock in new holding company for each Great Plains Energy share​.Westar Energy Inc - ‍following completion of merger, Westar Energy shareholders will own approximately 52.5 percent of combined company​.Westar Energy Inc says following completion of merger, Great Plains Energy shareholders will own approximately 47.5 percent of combined company.Westar Energy Inc - co and Great Plains Energy will merge to form a new holding company, which will operate regulated electric utilities in Kansas and Missouri.  Full Article

Westar Energy says Great Plains Energy elected to extend end date of plan of merger to Nov. 30
Tuesday, 30 May 2017 06:22pm EDT 

May 30 (Reuters) - Great Plains Energy Inc :Westar Energy Inc - received notice that Great Plains Energy elected to extend end date of plan of merger to November 30, 2017 - SEC filing.  Full Article

Kansas Corp Commission denies Great Plains Energy and Westar Energy petition for reconsideration
Tuesday, 23 May 2017 05:14pm EDT 

May 23 (Reuters) - Great Plains Energy Inc ::Kansas Corporation Commission denies Great Plains Energy and Westar Energy petition for reconsideration.Great Plains Energy Inc - Great Plains Energy and Westar continue to work in a timely manner to explore possibility of a revised transaction.  Full Article

Westar Energy Q1 earnings per share $0.42
Tuesday, 9 May 2017 05:00pm EDT 

May 9 (Reuters) - Westar Energy Inc :Reg-Westar Energy announces 1st quarter 2017 results..Q1 earnings per share $0.42.Q1 earnings per share view $0.45 -- Thomson Reuters I/B/E/S.  Full Article

Westar Energy & Great Plains Energy filed joint application with Kansas Corporation Commission requesting approval of merger
Thursday, 20 Apr 2017 06:35am EDT 

April 20 (Reuters) - Great Plains Energy Inc :Westar Energy - on June 28, 2016, co & great plains energy filed joint application with Kansas Corporation Commission requesting approval of merger.Westar Energy Inc says on April 19, 2017, Kansas Corporation Commission rejected merger application filed by co and Great Plains Energy.Westar Energy Inc says "is evaluating written order" - SEC filing.  Full Article

Westar Energy expects to settle the issuance, sale of $300 mln of some bonds
Friday, 3 Mar 2017 04:11pm EST 

Westar Energy Inc : Westar Energy -on March 6, 2017, expect to settle issuance and sale of $300 million in aggregate principal amount of first mortgage bonds, 3.100% series due 2027 . Westar Energy- on March 6, 2017, expect to settle issuance, sale of $300 million in aggregate principal amount of first mortgage bonds, 3.100% series due 2027 . Westar Energy Inc - will pay interest on bonds on april 1 and october 1 of each year, beginning on october 1, 2017 . Westar Energy Inc - interest on bonds accrues from and including march 6, 2017 at a rate of 3.100% per year - sec filing .Westar Energy Inc - bonds will be issued in minimum denominations of $2,000 and in integral multiples of $1,000 in excess thereof.  Full Article

Westar Energy Q4 earnings per share $0.38
Wednesday, 22 Feb 2017 05:00pm EST 

Westar Energy Inc - : REG-Westar Energy announces 2016 results . Q4 earnings per share $0.38 . Q4 earnings per share view $0.42 -- Thomson Reuters I/B/E/S . Qtrly total revenues $606.5 million versus $546 million .Q4 revenue view $648.0 million -- Thomson Reuters I/B/E/S.  Full Article

Westar energy says on Dec 19, amended $270 million revolving credit facility, dated Feb 18, 2011
Tuesday, 20 Dec 2016 04:15pm EST 

Westar Energy Inc : Says also amended $730 million revolving credit facility, dated September 29, 2011 . Says on december 19, 2016, amended $270 million revolving credit facility, dated february 18, 2011 - SEC filing . Says amendment to $270 million revolving credit facility extended maturity of facility by one year .Says as amended, $270 million facility matures on february 18, 2018.  Full Article

Great Plains Energy says Westar transaction to close in spring of 2017
Thursday, 8 Dec 2016 08:37am EST 

Great Plains Energy Inc : Great Plains Energy announces leadership team of combined company . Great Plains Energy Inc - once approved by Great Plains Energy board of directors when transaction closes, new team will have 19 executive officers .Great Plains Energy Inc - transaction to close in spring of 2017.  Full Article

BRIEF-Great Plains Energy Inc says Westar Energy and Great Plains Energy ask KCC to approve merger of equals

* Great Plains Energy Inc says westar energy and Great Plains Energy ask KCC to approve merger of equals; Missouri filing to be submitted by Aug. 31 Source text: (http://bit.ly/2xA80gn) Further company coverage: