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Tennessee Valley Authority  (TVC)
Other Ticker:  
 
    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities
 
Price: $22.1000 $-0.01 -0.045%
Day's High: $22.1683 Week Perf: -0.63 %
Day's Low: $ 22.03 30 Day Perf: -1.73 %
Volume (M): 11 52 Wk High: $ 23.30
Volume (M$): $ 245 52 Wk Avg: $21.98
Open: $22.11 52 Wk Low: $21.15



 Market Capitalization (Millions $) -
 Shares Outstanding (Millions) -
 Employees 10,000
 Revenues (TTM) (Millions $) 11,804
 Net Income (TTM) (Millions $) 526
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) 2,784

Tennessee Valley Authority
The Tennessee Valley Authority (TVA) is a federally owned corporation created by Congress in 1933 to provide navigation, flood control, electricity generation, and economic development in the Tennessee Valley area.

The Tennessee Valley area consisted of seven states- Alabama, Mississippi, Tennessee, Kentucky, Georgia, Virginia, and North Carolina. During the Great Depression, the Tennessee Valley was one of the poorest areas in the country. The region was heavily dependent on agriculture and had no resources for industrial development.

The TVA was created to address these issues. It harnessed the power of the Tennessee River to generate electricity and created a system of dams and reservoirs to control flooding and improve navigation.

The TVA was one of the earliest and most ambitious New Deal programs. It was designed to stimulate economic development in the region by providing jobs, electricity, and other public services. The TVA was also intended to serve as a model for other public works projects across the country.

Since its creation, the TVA has undertaken a wide range of initiatives to promote economic development and environmental sustainability in the Tennessee Valley. Today, it provides electricity to over 9 million people across the region and manages a system of dams and reservoirs that cover over 650 miles of the Tennessee River.

The TVA has also been involved in a number of environmental initiatives, including efforts to reduce pollution and protect endangered species in the Tennessee Valley. It has also played a key role in promoting renewable energy, such as solar and wind power, as part of its overall mission to promote sustainable development.

Overall, the Tennessee Valley Authority has had a profound impact on the economic, social, and environmental development of the Tennessee Valley region. Its legacy continues to shape the region and influence public works programs across the country.


   Company Address: 400 W. Summit Hill Drive Knoxville 37902 TN
   Company Phone Number: 632-2101   Stock Exchange / Ticker: TVC
   


   

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Tennessee Valley Authority

Tennessee Valley Authority (TVA) Achieves Balanced Books with Improved Net Profits of $127 Million in the Financial Interval Ending December 31, 2023

During the past five trading days, Tennessee Valley Authority (TVA) shares have experienced a slight increase of 0.54%. While this may not seem significant, it contributes to a year-to-date performance of -1.23%. Despite this modest growth, TVA shares are gaining momentum and are now only 3.5% away from reaching their 52-week high of $23.3.
Examining the company's financial performance, it is noteworthy that as of December 31, 2023, TVA achieved balanced books with earnings per share of $0.00, which remains unchanged compared to the previous year and the last financial reporting period. However, the company's revenue experienced a decline of -8.292% to $2.77 billion from $3.02 billion in the same period a year ago. Furthermore, sequentially, revenue fell by -18.244% from $3.38 billion.
Despite the decline in revenue, TVA managed to increase its net profits by 25.74% to $127.000 million in the same financial interval, in comparison to the net earnings of $101.000 million recorded in the previous year. This improvement in net profits is a positive indicator for the company. Tennessee Valley Authority has also emphasized its improving profit margins, with a net margin of 4.59% and an operating margin of 14.07% as of December 31, 2023.

Tennessee Valley Authority

Electric Utilities Giant Powers Ahead with $3382M Top-Line Growth During Fiscal Q4 2023!



Tennessee Valley Authority (TVA) recently released its financial results for the fiscal fourth quarter of 2023, showcasing balanced books and a decline in revenue and net income compared to the previous year. This article will provide an overview and analysis of the financial figures and their implications for TVA's profitability and market performance.
Financial Results Overview:
For the fiscal fourth quarter of 2023, TVA achieved balanced books with earnings per share at $0.00, the same as the previous year. However, this marks an improvement from the previous reporting season. The company's revenue decreased by -17.573% to $3.38 billion compared to $4.10 billion in the same period last year. On a sequential basis, revenue increased by 25.352% from $2.70 billion.

Tennessee Valley Authority

Shocking Third Quarter Revenue Downturn at Tennessee Valley Authority in 2023



Tennessee Valley Authority (TVA) recently released its financial results for the most recent fiscal period. The report reveals a notable shift in key financial indicators when compared to the previous year and sequential reporting periods. This article aims to interpret these results and assess their potential impact on the company's future.
1. Balanced Books and Revenue Decrease:
TVA achieved balanced books, reporting earnings per share of $0.00, which is consistent with the preceding reporting period. However, this represents a decrease from the previous year's earnings of $0.00 per share. Additionally, the revenue in the current fiscal period decreased by 9.158%, amounting to $2.70 billion compared to $2.97 billion in the comparable reporting period a year ago.

Tennessee Valley Authority

Reduction in Earnings while revenue rose at the TVC over the second quarter of 2023 earnings season

Despite a slight dip in income in its second quarter financial report, the Tennessee Valley Authority (TVA) remains positioned for continued success and growth. While the organization faced a decline in revenue compared to the same financial reporting period in the previous year, with revenues at $2.96 billion and earnings per share at $0.00, the TVA still demonstrated a revenue improvement of 2.601%.
Though net income fell by -77.03% from the corresponding period a year before, the TVA has taken steps to shift its focus towards improving sales. This is evidenced by the organization?s net margin easing to 1.62% and a return on asset (ROA) of 1.9%. While this ROA may be below the TVA?s average of 2.01%, the organization?s overall ranking for ROA has advanced in the Mar 31 2023 quarter to 465 from the total ROA ranking in the first quarter of 2023 at 2031.






 

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