EnvivaNYSE: EVA

Stocks are down today and investors wonder why have come to the right place as we have the answer to that question! That biggest bit of news keeping stocks down today has to do with inflation.

Enviva withdrew its full-year guidance and issued a going concern warning, stating it would likely break its debt covenants. A bad contract at the end of last year unexpectedly exposed the company to the spot market, despite the company touting its long-term take-or-pay contracts. Enviva's future prospects depend on a rebound in the spot market for wood pellets and renegotiating its contracts to improve profitability.

Enviva Inc. has moved lower since our last article and underperformed the S&P 500 by over 22%. Q2 2023 results were a welcome relief for the bulls as the guidance held steady. We go over what the company needs to do to create a meaningful rebound in the stock.

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BETHESDA, Md.--(BUSINESS WIRE)--Enviva Inc. (NYSE: EVA) (“Enviva”) today announced members of its management team will attend the Barclays CEO Energy-Power Conference on Tuesday, September 5 and Wednesday, September 6, 2023, in New York City. To view and download the presentation materials being used at these events, please visit ir.envivabiomass.com. About Enviva Enviva Inc. (NYSE: EVA) is the world's largest producer of industrial wood pellets, a renewable and sustainable energy source produc.

BETHESDA, Md.--(BUSINESS WIRE)--Enviva Inc. (NYSE: EVA) (“Enviva”) today announced the timing of its conference call to discuss second-quarter 2023 financial results on August 3, 2023. When:   August 3, 2023, at 10:00 a.m. Eastern Time       How:   By dialing (877) 883-0383 in the United States, +1 (412) 902-6506 internationally, and entering the Participant Entry Number 8363501, or via webcast through the Investor Relations section of Enviva's website at ir.envivabiomass.com       Replays:   W.

Enviva (EVA) is set to defossilize power plants and lower emissions by producing wooden pellets from a new facility in Sumter County, AL.

Enviva, a company that processes low-grade wood fiber into utility-grade wood pellets, has seen its stock drop over 70% since my initial concerns were raised about its long-term prospects. The company recently cut its adjusted EBITDA guidance and eliminated its dividend, citing weak Q1 results, as well as delayed improvements in productivity and costs. Despite insider buying and the potential for a rebound, Enviva's high leverage, poor operational results, and reliance on subsidies make it a risky investment.

BETHESDA, Md.--(BUSINESS WIRE)--Enviva Inc. (NYSE: EVA) (“Enviva”) today announced members of its management team will attend J.P. Morgan's 2023 Energy, Power & Renewables Conference on Wednesday, June 21, 2023. To view and download the presentation materials being used at this event, please visit ir.envivabiomass.com. About Enviva Enviva Inc. (NYSE: EVA) is the world's largest producer of industrial wood pellets, a renewable and sustainable energy source produced by aggregating a natural r.