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May 23, 2019
Spark Energy, Inc. reported that, on May 22, the Board of Directors of the company appointed Nathan G. Kroeker, the Company’s current Chief Executive Officer, to also serve as Interim Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer) while the Company searches…
May 20, 2019
Stream To Be "Exclusive Marketer" To The Retail Energy Business Acquired By NRG
Stream said that, "At closing, Stream’s remaining business will emerge as a new brand to market energy and wireless services through its independent sales organization and will be the exclusive marketer to the retail energy business acquired by NRG"
May 17, 2019
During an earnings call, in discussing reduced bad debt expense in the fourth fiscal quarter of 2019, Just Energy executives said that the company has taken actions to align credit scores in the proper channels to be at the optimal value
May 17, 2019
During an earnings call yesterday, Just Energy Chief Executive Officer Patrick McCullough made the following comment in response to a question regarding whether Just Energy would pursue acquisitions similar to its acquisition of Filter Group
May 16, 2019
Summer Energy Holdings, Inc. reported net income of $112,254 for the three months ended March 31, 2019, versus a loss of $637,155 a year ago
May 16, 2019
Just Energy reported earnings for the three and twelve months ended March 31, 2019 (4th quarter and full fiscal year 2019).
May 13, 2019
Centrica issued a trading statement in which the company said, "Centrica’s operational performance has been largely in line with the Company’s expectations in the first four months of 2019."
May 10, 2019
Calpine Corporation reported earnings today for the first quarter of 2019 (three months ended March 31, 2019)
May 10, 2019
Customer Count Decreases On Margin Discipline, Movement Away From Municipal Aggregation
Crius Energy Trust ("Crius Energy", the "Company", or the "Trust") today announced its financial results for the three month period ended March 31, 2019 (first quarter of 2019). All figures are in U.S. dollars unless otherwise noted.
May 9, 2019
South Jersey Industries (SJI) reported earnings for the first quarter ended March 31, 2019
May 7, 2019
Southern Company, the ultimate parent of SouthStar Energy Services and related retail energy brands, recently reported earnings for the quarter ending March 31, 2019.
May 7, 2019
Spark Ramping Up Organic Growth
Note: An earlier version of this story was first posted at 4.19 p.m. on May 6. The story has been updated throughout with additional details from a 10-Q filed on May 7
May 6, 2019
In reporting earnings, Dominion reported its competitive retail natural gas customer count, which now includes customers from SCANA Energy, which Dominion acquired in the previously reported and closed acquisition of SCANA
May 6, 2019
Genie Energy Reports Customer Growth Domestic Earnings Higher On Margin Improvement
Genie Energy reported customer growth and higher Adjusted EBITDA for the first quarter of 2019.
May 6, 2019
Spark Ramping Up Organic Growth
Note: An earlier version of this story was first posted at 4.19 p.m. on May 6. The story has been updated throughout with additional details from a 10-Q filed on May 7
May 3, 2019
A 10-Q for NRG disclosed further details concerning earnings for the quarter ending March 31, 2019 (Q1 2019).
May 3, 2019
Vistra Energy, the parent of various retail energy brands including TXU Energy and Dynegy, reported Adjusted EBITDA for its Retail segment of $257 million for the first quarter of 2019, up from $194 million a year ago
May 2, 2019
Reports On Contribution From Margin Enhancement Program Reports Retail Customer Growth
In reporting earnings for the quarter ending March 31, 2019, NRG reported that its Retail segment posted Adjusted EBITDA was $153 million, $35 million lower than first quarter 2018 ($188 million), driven by higher supply costs, partially offset by cost reduction and margin enhancement initiatives…
May 2, 2019
During an earnings call this morning, Mauricio Gutierrez, NRG President and Chief Executive Officer, discussed potential summer volatility in the ERCOT market as providing an opportunity to acquire retail customer books
May 1, 2019
On March 1, 2019, Retail Consulting Project Co. 2, LLC acquired 100% of the equity in Usource, Inc. from Unitil
April 12, 2019
In reporting fiscal 2018 results, Summer Energy Holdings, Inc. reported lower unit gross margin
April 1, 2019
Greenlight Energy Corporation, retail energy provider serving natural gas and electricity markets in Maryland, New Jersey, Pennsylvania and New York, has entered into a $5,000,000 first lien credit and commodity supply facility with V3 Commodities Group Holdings, LLC
March 25, 2019
In a research report initiating coverage of Vistra Energy (VST) and resuming coverage of NRG Energy, analysts at Morgan Stanley called retail energy marketing a, "hidden gem," for the companies, and said that, "[s]trong Texas retail margins are defensible for the big incumbents NRG and VST."
March 21, 2019
Note: This story was first published at 5:40 pm on March 21 with an alert to our email subscribers
March 15, 2019
Crius Sees Decline In Customer Count, Reports Earnings
In reporting fourth quarter and year-end earnings, Crius Energy Trust announced that, "In November 2018, the Company purchased the customer contracts and associated assets of approximately 10,000 residential electric customers in Massachusetts and New York from a New York-based energy retailer for…
