March 24, 2020
Vistra CEO Says Bad Debt Could Double Vistra "On The Lookout" For Acquisition Of Stressed Retail Providers
Curt Morgan, Vistra Energy's president and chief executive officer, said during a Wolfe Research fireside chat that Vistra, which owns various retail energy providers in Texas including TXU, is working with the PUC and other stakeholders on a bad debt "backstop mechanism" in light of the current…
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March 18, 2020
Just Energy Group Inc. issued the following news release concerning the request from Rob Snyder, as Trustee for The Robert L. Snyder Trust - 2005 Stream, for a special meeting of the shareholders to consider modifying the size of the company's Board of Directors, to remove certain current board…
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March 17, 2020
Genie Energy Ltd. has filed its 10-K for the year ending December 31, 2019
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March 16, 2020
Centrica issued a statement noting the announcement from Moody's Investor Service (Moody's) that Moody's is downgrading the issuer and senior unsecured long-term credit ratings of Centrica to Baa2 (stable outlook) from Baa1 (negative outlook).
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March 12, 2020
Notes Risks From Coronavirus Records Goodwill Impairment Related To Prism Solar, Parts Ways With Prism CEO
Genie Energy Ltd. during an earnings call today discussed new markets for its U.S. retail energy supplier business organized under the Genie Retail Energy (GRE) segment
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March 10, 2020
EnergyBot, a trade name of Blitz Ventures, announced that it successfully raised a new round of series B funding.
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March 5, 2020
Spark Energy in a 10-K further disclosed details of the sale of its Japanese joint venture
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March 4, 2020
"A New Kind of Energy Company," With Prosumer-Focused, Energy-As-A-Service Retail Supplier Model
David Energy, which describes itself as, "a new kind of energy provider," today announced the close of its $1.5 million Pre-Seed round co-led by Box Group and Greycroft.
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March 2, 2020
Steven Murray, Dan O'Malley, Barry Smitherman Also Among Board Candidates Proposed For Consideration At Just Energy Annual Meeting
Rob Snyder, through the entity "The Robert L. Snyder Trust - 2005 Stream" (hereafter collectively referred to as the "Reporting Persons"), has issued, in a letter to Just Energy Group Inc. (the "Company"), a shareholder proposal to nominate six individuals for election to Just Energy's Board of…
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February 28, 2020
In reporting earnings for the fourth quarter of 2019, AltaGas Ltd., the parent of WGL Energy, reported, "higher margins from the retail gas and power marketing businesses."
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February 28, 2020
Edison International recorded a goodwill impairment at broker-consultant and energy services provider Edison Energy Group of $25 million ($18 million after-tax) in the fourth quarter of 2019, the company said in reporting earnings
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February 28, 2020
Energy Harbor Corp., the company formerly known as FirstEnergy Solutions whose restructuring process was completed this week, announced today that the company has received a Baa3 rating with a Stable outlook from Moody's Investor Service.
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February 28, 2020
In a 10-K, NRG Energy disclosed information related to small retail energy customer book acquisitions which occurred in 2019.
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February 28, 2020
Retail Earnings Lifted By Acquisitions CEO: Taking Company Private Would Not Be "Silver Bullet" To Valuation
Vistra Energy, the parent of TXU and several other retail energy brands, said in announcing full-year 2019 earnings that it organically grew its ERCOT residential customer count in 2019, for the second year, "with strong customer acquisition and retention strategies and execution."
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February 27, 2020
NRG CEO Discusses Potential For Evaluation Of Taking Company Private Retail Segment Reports Stable Margins, Customer Growth
During an earnings call today, NRG CEO Mauricio Gutierrez, in discussing capital allocation, said that, despite consolidation in the retail market, there are "still some opportunities" in potential retail acquisitions that would meet NRG's financial hurdles, as well as being superior to share…
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February 25, 2020
Reports Customer Data, Volumes
In a 10-K reviewing 2019 results, Calpine said that, "our retail business exceeded expectations in residential sales in Texas and at Calpine Solutions."
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February 24, 2020
CenterPoint Energy, Inc. provided further information in an 8-K concerning an interim goodwill impairment valuation of their Energy Services reporting unit
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February 21, 2020
Southern Co., the ultimate parent of Southstar Energy Services and related brands, reported a higher retail competitive natural gas customer count in its Gas Marketing Services segment versus September 30, 2019, in reporting fourth quarter and full year 2019 earnings
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February 21, 2020
AEP, in reporting earnings for the year 2019, said that its competitive retail segment (AEP Energy) saw higher retail margins and customer growth.
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February 13, 2020
Reports "Significant Improvement" In North America C&I Retail Power Margins, Lifting Segment Earnings Centrica "Exits" North America Connected Home Business
Centrica, the parent of Direct Energy, reported customer growth in its North America Home Energy Supply segment, as it reported preliminary results for the year 2019
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February 12, 2020
Retail energy supplier Marathon Energy (Marathon) announced a 4-year credit and supply facility extension of its existing facility with Shell Energy North America, US LP (SENA).
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February 11, 2020
In a fourth quarter earnings presentation to investors, Exelon reported various metrics for its Constellation retail business
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February 10, 2020
Just Energy Revises Downward 2020 Base EBITDA Guidance From Continuing Operations, Free Cash Flow Guidance, In Announcing Earnings Reports RCE Growth Since Sept. 30 Even With Focus On Profitability And, "Competitors Pricing Aggressively"
Average Realized Gross Margin Per Consumer RCE Higher
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January 22, 2020
NextEra Energy reported that its Customer Supply business recorded full year 2019 Adjusted EBITDA of $308 million, on "favorable market conditions"
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December 31, 2019
Closes Sale of Irish Business Announces Annualized Cost Savings Of C$60 million
Just Energy Group Inc. ("Just Energy" or "the Company") announced that it has sold all of its customer contracts and natural gas in storage in the State of Georgia to Infinite Energy for approximately US$3.4 million (approximately C$4.4 million), subject to customary adjustments.
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