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Calpine Reports Results For Retail Segment
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Calpine Corporation reported earnings today for the second quarter of 2019 (three months ended June 30, 2019)
For the second quarter of 2019, Commodity Margin in Calpine's Retail segment increased by $16 million to $93 million, from $77 million a year ago, primarily driven by increased contribution from power and gas supply hedging activity during the second quarter of 2019 compared to the prior year period.
Calpine's Retail segment reported a loss from operations of $140 million for the second quarter of 2019, versus a year-ago loss from operations of $50 million, reflecting mark-to-market impacts
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July 30, 2019
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Reporting by Paul Ring • ring@energychoicematters.com
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