Calpine Reports Retail Quarterly Results
August 9, 2018 Email This Story Copyright 2010-17 EnergyChoiceMatters.com
Reporting by Paul Ring • email@example.com
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In a 10-Q filed today, Calpine reported results from its retail segment for the quarter ending June 30, 2018
Calpine reported Commodity Margin for its retail segment as $77 million for the quarter ending June 30, 2018, down from $107 million a year ago. Commodity Margin in the retail segment decreased primarily due to higher power supply costs in Texas in the second quarter of 2018 compared to the same period in 2017.
Calpine also reported lower energy margins associated with its retail segment primarily in Texas and the Northeast
Calpine's retail segment reported total operating revenues of $935 million for the quarter ending June 30, 2018, versus $910 million a year ago.
Calpine's retail segment reported a loss from operations of $50 million for the quarter ending June 30, 2018, reflecting mark to market impacts, versus income from operations of $51 million a year ago