Calpine Reports Results For Retail Segment
May 10, 2019 Email This Story Copyright 2010-19 EnergyChoiceMatters.com
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Calpine Corporation reported earnings today for the first quarter of 2019 (three months ended March 31, 2019)
Calpine's Retail segment reported Commodity Margin of $88 million for the first quarter of 2019, an $11 million increase versus the year-ago Commodity Margin of $77 million, primarily due to increased contribution from power and gas supply hedging activity during the first quarter of 2019 compared to the same period in 2018.
Calpine's Retail segment reported a loss from operations of $16 million for the first quarter of 2019, versus year-ago income from operations of $148 million, reflecting mark-to-market impacts
Total operating revenues for the Retail segment were $998 million in Q1 2019, versus $938 million a year ago