HomeNews By TopicFinance & Earnings
Narrow these results by state, topic, company or docket — filters stack, and every story shown carries all of them.
November 3, 2017
Expands Credit Facility Sets Sight On Further International Expansion
For the quarter ended September 30, 2017, Spark Energy, Inc. reported Adjusted EBITDA of $19.6 million compared to Adjusted EBITDA of $20.3 million for the quarter ended September 30, 2016.
November 3, 2017
Constellation is seeing lower renewal rates for its retail electricity business as competitors "misprice" risk, Exelon executives said yesterday during an earnings call
November 2, 2017
Genie Retail Parent Names New CEO
Genie Retail Energy (GRE), the parent of IDT Energy and other retail energy brands, continued to see accelerated customer growth during the three months ended September 30, 2017
November 2, 2017
NRG Says 100% Sale Of Renewables Business On Track (No Longer Expects To Retain Ownership Stake)
In reporting earnings this morning, NRG Energy reported financial impacts on its Retail unit from Hurricane Harvey
October 31, 2017
Retail To Be a "Focus" Of Capital Deployment, Could Include Retail Acquisitions
Discussing the merger between Vistra Energy, the parent company for TXU Energy and Luminant, and Dynegy Inc., first announced yesterday (see details here) , Vistra Energy President and Chief Executive Officer Curt Morgan said during an analyst call that retail would be a "focus" for the deployment…
October 30, 2017
During an earnings call on Friday, FirstEnergy CEO Chuck Jones said that the company's decision to transition to a fully regulated company, completely exiting the merchant business, would not change as the result of any outcome from a DOE-proposed NOPR at FERC which proposes various cost-based…
October 30, 2017
During an analyst call on the announcement, in response to a question regarding any market power issues resulting from the merger, Vistra Energy President and Chief Executive Officer Curt Morgan said, "We will need to do some modest mitigation, roughly around 900 MW in ERCOT."
October 26, 2017
Texas PUC Commissioner Kenneth Anderson issued a memo in advance of today's open meeting concerning Sempra Energy's proposed acquisition of Oncor which outlines several concerns regarding Sempra's debt and credit ratings, which Anderson said should be addressed as the Commission adjudicates the…
October 23, 2017
Voltus, Inc. announced today that it has closed on a $10.1 million investment from Prelude Ventures and a family office represented by Energy Innovation.
October 18, 2017
REP Grows By 50,000 RCEs in Eight Months, Projects 2017 Revenues
Discount Power (Texas), a Houston-based retail electric provider, today announced that the company’s RCE (Residential Customer Equivalent) count has crossed 200,000.
October 5, 2017
Company To File For Texas PUC Approval Today
Sempra Energy announced a revised agreement to acquire Energy Future Holdings, and thus Oncor Electric Delivery Company LLC, which includes a new financing structure, under which Sempra Energy proposes to now acquire 100 percent of EFH at the close of the transaction with no third-party equity…
September 14, 2017
EQT Corporation announced that, immediately upon the closing of its acquisition of Rice Energy Inc, it will establish a Committee of the Board of Directors to evaluate options for addressing EQT’s sum-of-the-parts discount.
August 22, 2017
ONEnergy Inc. ("ONEnergy" or the "Corporation") and OZZ Electric Inc. ("OZZ") provided an update on their proposed transaction.
August 18, 2017
During yesterday's open meeting, Texas PUC Commissioner Kenneth Anderson reiterated his concerns about debt levels above Oncor in any potential transaction to acquire Oncor.
August 16, 2017
Several Retail Energy Companies Newly Make List Revenue Data For Companies Disclosed
Texas-based Discount Power led retail suppliers and brokers in the annual Inc. Magazine 500/5000 rankings of revenue growth at private companies over the past three years. Notable retail suppliers and brokers in the Inc. rankings were: Rank Company 3-Year 2016 Growth Revenue (millions) 52 Discount…
August 15, 2017
Crius Energy announced today that in July 2017 it acquired a 100% equity interest in Big Sky Gas, a natural gas marketing business with approximately 4,000 customers based in Montana.
August 10, 2017
Customer Count Declines On Margin Discipline, Company Sees Net Growth In Mass Market RCEs
In reporting Q1 fiscal 2018 earnings yesterday, Just Energy said that its previously reported (see story here) retail channel expansion strategy, which includes sales at partner retail stores, continued with 85 new store launches across nine different retail partners.
August 8, 2017
Broker and energy risk management firm EMEX, LLC, in announcing certain data for the six months ended June 30, 2017, said that it is currently exploring markets in Mexico, Canada, Japan, and the United Kingdom.
August 7, 2017
During an earnings call on Friday, Dynegy CEO Robert Flexon reiterated that, while the company will look at opportunistic retail acquisitions, any such acquisitions would be conditioned on not impeding its deleveraging, and would need to be accretive to shareholders
August 7, 2017
CEO Sees Multiples Increasing For Retail Acquisition Valuations
During an earnings call on Friday, Spark Energy disclosed that only a relatively small amount of its customer base is subject to the New York PSC's prohibition on ESCO service to low-income customers (absent a PSC-approved waiver for a guaranteed savings product)
August 7, 2017
Vistra Reiterates View On M&A, Not "Compelled" To Seek Assets Outside Of ERCOT
During an earnings call on Friday, executives at Vistra Energy, the parent of TXU and Luminant, discussed retail margins and customer segmentation
August 4, 2017
Genie Retail Energy (GRE) reported higher customer growth during the three months ended June 30, 2017 (2Q 2017), compared with the growth seen in the three months ended March 31, 2017.
August 4, 2017
Spark Energy, Inc. reported that for the quarter ended June 30, 2017, the company posted record Adjusted EBITDA of $20.0 million compared to Adjusted EBITDA of $15.7 million for the quarter ended June 30, 2016.
August 4, 2017
In releasing earnings today, Vistra Energy (parent of TXU and other retail brands) reported that it saw a negligible decrease in its residential customer count during the second quarter.
August 3, 2017
NRG Energy reported that its Retail unit saw mass market customer growth during the quarter ending June 30, 2017 (second quarter)
