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Tuesday, March 11, 2014

Just Energy Group Inc - Price Target $10.50 $JE

Just Energy Group Inc. (Just Energy) is engaged in the sale of natural gas and electricity to residential and commercial customers under long-term fixed-price, price-protected or variable-priced contracts. Just Energy markets its gas and electricity contracts in Canada, the United States.
Some positive points to consider;
  • Increasing revenues from commercial means vs. door-to-door salespeople.
  • Price volatility can fluctuate almost 20% in any given month.
  • Monthly dividend of $0.07, yield of 9.59% as of March 11, 2014.
  • Polar vortex, freakishly cold weather and increased seasonal energy demands

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