July 21, 2016
Spark Energy Says Second Quarter Results "Far Exceeded" Expectations, Plans to Raise Guidance
Spark Energy, Inc. announced preliminary financial results for the three months ended June 30, 2016.
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June 8, 2016
Briefly
Retail Energy Supply Association Announces Spark Energy as New Member
June 6, 2016
Retail Supplier Names New CFO, Enters Amended Credit Agreement
Spark Energy has named Robert Lane as Chief Financial Officer
May 5, 2016
Spark Energy Reports "Record" Results on Consistently Strong Unit Margins
Spark Energy, Inc. reported "record" first quarter results, as the company continued to achieve enhanced margins in both its retail electricity and retail natural gas segments while producing improvements in attrition.
May 5, 2016
Spark Energy Acquires Multiple Retail Suppliers Encompassing 335,000 RCEs; CEO Hopes More Acquisitions To Be Done
Spark Energy is acquiring Major Energy and Provider Power under separate transactions, encompassing about 335,000 residential customer equivalents (RCEs)
April 18, 2016
Affiliate of Spark Energy Acquires Another Book of Retail Customers
Entrust Energy has entered into an agreement to sell a certain portion of its Northeast residential customer portfolio to National Gas and Electric
April 5, 2016
Affiliate of Spark Energy Acquires Another Retail Energy Supplier
Bargain Energy, LLC is undergoing a change in control under which National Gas & Electric, LLC is acquiring all of the equity of Bargain.
March 25, 2016
Retail Supplier: We're Shifting Focus To Other Markets Given New York Order
Spark Energy CEO Nathan Kroeker said during an earnings call yesterday that the company is shifting its focus to markets other than New York given the New York PSC's recent "reset" order.
March 24, 2016
Spark Energy Reports Earnings Growth on Enhanced Margins, M&A
Spark Energy reported that, for the fourth quarter of 2015, Adjusted EBITDA was $16.3 million and Retail Gross Margin was $34.4 million on revenue of $94.8 million, compared to Adjusted EBITDA of $5.0 million and Retail Gross Margin of $26.8 million for the fourth quarter of 2014.
March 8, 2016
Energy Marketing Conferences Names REP of the Year, Most Innovative Marketer
Energy Marketing Conferences, LLC announced the winners of its REP of the Year Award and Most Innovative Marketer of the Year Award, presented at the recent Houston Energy Marketing Conference
February 3, 2016
Spark Energy Affiliate To Acquire Retail Energy Companies With Over 500,000 Customers
National Gas & Electric, LLC announced that it has entered into agreements for the purchase of retail energy companies with over 500,000 of combined residential customer equivalents (RCEs).
February 2, 2016
Spark Energy Announces Preliminary FY2015 Results
Spark Energy, Inc. announced preliminary results for the year ended December 31, 2015.
January 29, 2016
License Briefs
Trident Power Receives Supplier License in New State
January 13, 2016
Texas Retail Provider To Pay $160,000 To Resolve Alleged Violation Under Settlement With PUCT Staff
Spark Energy, LLC would pay an administrative penalty of $160,000 under a settlement with Staff of the Public Utility Commission of Texas to address alleged violation of 16 Tex. Admin Code § 25.454 (TAC), relating to rate reduction program, 16 TAC § 25.480, relating to bill payment and adjustments…
January 5, 2016
Retail Energy CEOs Announced for Round Table Discussion at Texas Energy Marketing Conference
Energy Marketing Conferences announced that seven chief executives will participate in a round table discussion at the March 3, 2016 Texas Energy Marketing Conference in Houston
December 16, 2015
Retail Supplier Announces Strategic Relationship
Spark Energy, Inc. announced that it has entered into a strategic relationship with an affiliate, Retailco Services, LLC.
November 25, 2015
Spark Energy Affiliate To Acquire Customer Book Spanning 20 Markets
National Gas & Electric, LLC, an affiliate of Spark Energy, Inc., has entered into agreements for the purchase of a Northeast retail customer base from an undisclosed seller operating in over twenty gas and power markets.
November 24, 2015
Start-Up Retail Supplier Led By Market Vets Launches Service In New York
Trident Power, the start-up retail supplier led by several veterans of Spark Energy, has launched service in New York
November 12, 2015
Spark Energy Reports Earnings Growth on Higher Margins, M&A
For the quarter ended September 30, 2015, Spark Energy, Inc. reported Adjusted EBITDA of $5.6 million on $91.3 million of revenue compared to Adjusted EBITDA of $(4.4) million for the quarter ended September 30, 2014.
September 25, 2015
NuDevco Retail (Keith Maxwell) Starting New Retail Supplier
Start-up retail provider National Gas & Electric, LLC applied for FERC market-based rate authority, stating that it is, "seeking to obtain licenses to provide retail electric service in several states that offer electric retail choice."
September 10, 2015
Four Retail Market Veterans Launching New Retail Supplier
Four retail market veterans, all of whom had stints at Spark Energy, are among the leadership of a new retail electric supplier, Trident Retail Energy, LLC d/b/a Trident Power
August 26, 2015
Japanese Retail Energy Company Says It Is Advancing Towards JV With U.S. Retail Supplier
Japanese retail electricity provider E-Rex Co. Ltd. issued a news release earlier this month stating that it is advancing plans to form a joint venture with Spark Energy, Inc. to form a retail supplier serving the Japanese small volume retail electricity market (residential and small C&I) when it…
August 14, 2015
Spark Energy "Absolutely" Looking At More Acquisitions, Records Organic Growth, Too
Even as it integrates two recently acquired books of business, Spark Energy is "absolutely" looking at further acquisitions, said Nathan Kroeker, Spark Energy, Inc.'s President and Chief Executive Officer.
August 13, 2015
Spark Energy Reports Higher Earnings, "Enhanced Margins"
Spark Energy reported higher earnings on "enhanced margins" for the quarter ending June 30, 2015
August 12, 2015
New Retail Provider Ranks Highest in Texas Customer Satisfaction, J.D. Power Rankings for 8 Other States Released
Champion Energy Services regained the top spot in Texas residential customer satisfaction, according to the J.D. Power 2015 Retail Electric Provider Residential Customer Satisfaction Study