SparkSpark Energy Inc. (NASDAQ: SPKE) has continued to build strength in 2019, with stock price growing 17.89% in the last month. This Houston based energy company provides gas and electric services throughout the United States. It’s an interesting stock for alternative energy investors, due to its offering of renewable electricity and green natural gas plans.

Stock has recently broken past $10, but it remains highly affordable and can still be considered a bargain. Earnings growth is driving investor confidence today.

Spark increased its gross margin by 27% in the third quarter hitting $58.2 million at the beginning of November. EBITDA, a measure of profitability, increased to $28.1 million, compared to $18.6 million a year ago. The company reported liquidity of $120 million, a 56% increase over the previous year.

The company’s profitability allows it to provide strong returns to investors. Even with the recent stock price growth, the $0.18 dividend results in a yield of 6.36% today. This is significantly higher than the market average, and it makes Spark an outlier in a bargain market where most stocks don’t pay dividends. This stock is one of the strongest in the bargain energy market, and with its focus on clean energy, it’s a compelling pick for alternative investors.

Key Data:

  • 1 Year Price Growth: 39%
  • YTD Price Growth: 43%
  • 3 Month Price Growth: 77%

All information is based on current and historical market data, as well as publicly available financial data. As with any financial decision, your own research is important. Stock market outcomes can never be 100% accurately predicted. Familiarity with historical data, individual industries, and individual stocks is key to developing a robust portfolio. Note that stock prices can fluctuate rapidly during trading sessions.