Just Energy Group Inc. (Canada) V.JE.H

Primary Symbol: JENGQ

Utilities Utilities - Diversified

Just Energy Group Inc is a retail energy provider specializing in electricity and natural gas commodities and bringing energy efficient solutions and renewable energy options to customers. Geographically, the company is operating in the United States and Canada, Just Energy serves residential and commercial customers.

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Just Energy Group Inc. (Canada) > Is this JE's fate?

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Comment by SlickRick40on Jul 20, 2022 6:23pm

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Post# 34838690

RE:RE:RE:RE:Is this JE's fate?

Tommy123 wrote: You are SO pessimistic. JE will be fine. In fact, it's going back up.

navajojoe wrote:

GaillardDeshaie wrote:

navajojoe wrote:
A residential renewable energy supplier backed by BP is nearing collapse, joining the growing list of industry players which have found themselves unable to weather surging wholesale prices.

Sky News has learnt that Pure Planet, which is 24%-owned by the FTSE-100 energy giant, has commenced discussions with Ofgem, the industry regulator, about entering the Supplier of Last Resort (SOLR) process set up to transfer the customers of failing companies.

Hi, this company is a private company and as per their web site, they don't want to make money on energy used by their customers. Whatever the company you are, you need to make a profit to pay the bills and salary. Hope they will be fine. IMHO. Gaillard

The simple fact is they got caught offside as energy prices rose. If JE isn't fully hedged, it will be a repeat of the Texas fiasco.