HomeMay 10, 2019
Calpine Reports Results For Retail Segment
Copyright 2019 EnergyChoiceMatters.com.
The following story is brought free of charge to readers by EC Infosystems, the exclusive EDI provider of EnergyChoiceMatters.com
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
You can follow specific tags with a free account and see their newest stories in one place. Sign up or sign in.
Copyright 2019 EnergyChoiceMatters.com. Unauthorized copying, retransmission, or republication prohibited. You are not permitted to copy any work or text of EnergyChoiceMatters.com without the separate and express written consent of EnergyChoiceMatters.com.
