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First Texas Energy Casualty Just Energy Warns It Likely Won’t “Endure” Following #EnergySqueeze
Full Article https://silverreportuncut.com/first-texas-energy-casualty-just-energy-warns-it-likely-wont-endure-following-unprecedented-energysqueeze
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First Texas Energy Casualty Just Energy Warns It Likely Won’t “Endure” Following #EnergySqueeze
Just Energy’s shares crashed more than 21% in the premarket after the company released a statement about steep losses incurred during the winter storms that swept across Texas last week warning of doubts about remaining a ‘going concern’ (translation: it may not survive).
“The financial impact could change as additional information becomes available,” it said in the statement.
“Accordingly, the financial impact of the Weather Event on the Company once known, could be materially adverse to the Company’s liquidity and its ability to continue as a going concern.”
...
https://www.youtube.com/watch?v=FO57ubl9mz4
Subscribe to the SRU podcast http://soundcloud.com/silverreport
Subscribe to Rumble Backup Channel https://rumble.com/ve4k27-shares-collapse-21-as-texas-energy-company-warns-the-energy-squeeze.html
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First Texas Energy Casualty Just Energy Warns It Likely Won’t “Endure” Following #EnergySqueeze
Just Energy’s shares crashed more than 21% in the premarket after the company released a statement about steep losses incurred during the winter storms that swept across Texas last week warning of doubts about remaining a ‘going concern’ (translation: it may not survive).
“The financial impact could change as additional information becomes available,” it said in the statement.
“Accordingly, the financial impact of the Weather Event on the Company once known, could be materially adverse to the Company’s liquidity and its ability to continue as a going concern.”
...
https://www.youtube.com/watch?v=FO57ubl9mz4
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