Via Renewables, Inc. is a Houston-based energy utility company focused on retail natural gas and electricity services, with a significant ownership stake by W. Keith Maxwell III, involved in asset management and affiliate relationships.

# Company Overview: Via Renewables, Inc.

**Business Focus:**  
Via Renewables, Inc. operates primarily as an energy utility and services company, with a focus on retail natural gas and electricity services. The company engages in the acquisition, development, and management of energy-related assets and operations.

**Operations & Affiliates:**  
- The company is controlled by W. Keith Maxwell III, who owns all of the issued and outstanding shares of its Class A and Class B common stock.
- It is involved with affiliated entities such as NuDevco Partners, LLC, Retailco, LLC, and NuRetailco LLC, which are part of its organizational structure.
- The company manages and facilitates exchanges and distributions related to Spark HoldCo, LLC, and has agreements in place governing its equity and debt structures.

**Employees & Customers:**  
- As of April 24, 2025, the company has approximately **191 employees** worldwide.
- The detailed number of customers, total revenue, and net income are not provided in the excerpt.

**Financials & Stock Information:**  
- The company’s Class A common stock ceased trading on NASDAQ effective June 13, 2024, due to ownership control by Maxwell.
- As of April 24, 2025, there were **3,796,710 shares of Class A common stock**, **3,526,619 shares of Class B common stock**, and **3,360,163 shares of Series A Preferred Stock** outstanding.
- The company's revenue, net income, and other financial performance metrics are not explicitly stated in the provided document.

**Other Key Details:**  
- The company’s securities include a 8.75% Series A Fixed-to-Floating Rate, Cumulative Redeemable Perpetual Preferred Stock, traded under the symbol **VIASP** on NASDAQ.
- The company has a controlled company status, with certain NASDAQ governance requirements not fully met due to the ownership structure.
- The company’s governance includes a Board of Directors with four members, including a mix of independent and affiliated directors, and it maintains an audit committee overseeing financial reporting and compliance.

**Summary:**  
Via Renewables, Inc. is a Houston-based energy company involved in retail natural gas and electricity services, with a significant ownership stake by W. Keith Maxwell III. It emphasizes strategic asset management, affiliate relationships, and governance structures tailored to its ownership control status. Specific details about customer counts, total revenue, and income are not provided within this excerpt.

Via Renewables, Inc. is a retail energy provider that delivers natural gas and electricity services to residential and small commercial customers across the United States.

# Company Overview: Via Renewables, Inc.

**Business Description:**
Via Renewables, Inc. is a retail energy provider (REP) that offers natural gas and electricity services to customers primarily across the United States. The company operates in the competitive energy market where it markets and sells retail natural gas and electricity, focusing on providing services to both residential and small commercial customers.

### Key Details:
- **Founded:** 1999 (originally as the predecessor of Via Renewables)
- **Industry:** Energy Services (Retail Energy Provider)
- **Headquarters:** 12140 Wickchester Ln, Suite 100, Houston, Texas 77079

### Financial Highlights:
- **Revenue:** Specific figures not provided in the text, but typical industry benchmarks for similar companies include millions in revenue, often exceeding $100 million annually. Historical revenue may be available in prior filings or reports for precise numbers.
- **Net Income:** Again not specified in the document, but profitability varies widely in this industry based on fluctuating energy prices, competition, and regulatory factors.

### Operational Metrics:
- **Customers:** The company serves approximately 191 full-time and part-time employees and has thousands of residential customer equivalents (RCE), with a focus on mass market RCE count defined as residential customers.
- **Employee Base:** Approximately 191 employees, reflecting a mid-sized operational scale within the retail energy market.

### Services Offered:
1. **Natural Gas Supply:** Via procures natural gas and supplies it to residential and small commercial customers.
2. **Electricity Supply:** The company sources electricity from various suppliers and markets it to its consumers.
3. **Customer Service:** Via Renewables provides customer support, billing services, and account management to enhance customer experience.

### Additional Information:
- **Growth Strategy:** Via Renewables focuses on growing its customer base, expanding into new markets, and maintaining competitive rates to retain and attract customers in the dynamic energy market.
- **Regulatory Environment:** The company operates under various state and federal regulations governing energy supply, pricing, and consumer protections, influencing operational practices and financial performance.
- **Sustainability Initiatives:** As a modern REP, Via may partake in initiatives aimed at promoting sustainable energy practices, including renewable energy options for consumers.
  
### Key Management and Governance:
- **Chief Executive Officer:** W. Keith Maxwell III, who has extensive experience in the energy sector.
- **Board of Directors:** A mix of experienced industry professionals who oversee company strategy and governance practices.

### Recent Developments:
- **Merger Agreement:** On December 29, 2023, Via Renewables entered into a merger agreement which may affect its operational structure and strategic direction, with expectations for completion in the second quarter of 2024.

This summary provides a concise yet comprehensive snapshot of Via Renewables, Inc., highlighting its role in the energy sector, operational scale, and strategic focus. For more precise financial data and metrics, investor relations reports or detailed SEC filings may be needed.

Via Renewables, Inc.

10-K / April 28, 2025

10-K / March 27, 2024

10-K / April 28, 2025

Company Overview: Via Renewables, Inc.