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October 31, 2013
Exelon does not see any turnaround to the currently "tough" retail environment characterized by low margins and aggressive competition, executives said on an earnings call
October 25, 2013
Usource recorded sales margin of $1.5 million for the third quarter of 2013, even with the year-ago margin, parent Unitil said in reporting earnings. For the nine months ended September 30, 2013, Usource sales margin was $4.4 million, up from $4.1 million a year ago.
October 24, 2013
By Paul Ring • ring@energychoicematters.com
October 15, 2013
AEG Affiliated Energy Group announced that it and its affiliates have acquired a ten percent working interest in a conventional oil project in Louisiana.
October 15, 2013
Energy Future Holdings, parent of TXU Energy, has filed in an 8-K with the SEC summaries of various restructuring proposals raised by various groups of debt-holders and creditors.
October 7, 2013
MVC Capital, Inc. has officially announced an agreement to sell retail supplier U.S. Gas & Electric, Inc. to a new holding company, and has announced the sale price.
October 3, 2013
Just Energy Group, Inc. announced that it reached agreement with its syndicate of lenders to renew and extend its revolving credit facility for a period of two years from the closing date of October 2, 2013.
September 26, 2013
A lack of volatility, and competitors' pricing in response to this lack of volatility, are challenging Constellation's retail business, Exelon CFO and Executive Vice President Jonathan Thayer said at the Wolfe Research Power and Gas Leaders Conference yesterday.
September 4, 2013
EDF Trading North America and Inupiat Energy Partners have announced an equity investment in Anahau Energy, a marketer and trader of natural gas and renewables with a focus on the West.
August 21, 2013
Retail supplier Provider Power, the parent of Electricity Maine and ENH Power, led retail supply-related companies in the 2013 Inc. Magazine 500/5000 rankings of revenue growth at private companies from 2009 to 2012.
August 12, 2013
NRG Energy reported that its retail supply businesses have seen lower unit margins for the first six months of 2013, from higher supply costs and pressure on commercial and industrial pricing.
August 12, 2013
Having put all the pieces in place, Just Energy is not in acquisition mode and is instead focused on paying down debt, executives said in discussing earnings Friday.
August 9, 2013
IDT Energy reported a third consecutive quarter of net customer attrition, attributed to a pause in expansion to new markets and service areas.
August 9, 2013
Just Energy saw record gross customer additions from March 31, 2013 to June 30, 2013, but net customer growth was down slightly versus the net growth seen from December 31, 2012 to March 31, 2013.
August 9, 2013
NRG Energy's retail business saw its net customer growth rate increase slightly during the three months ended June 30, 2013, versus the growth rate seen during the three months ended March 31, 2013.
August 9, 2013
Washington Gas Energy Services continues to see challenging conditions in the residential electric market, but has been able to mitigate the impact with larger volumes of commercial and industrial sales.
August 8, 2013
Duke Energy Retail has seen higher margins for the first six months of 2013, versus margins seen in the first six month of 2012, parent Duke Energy reported in announcing earnings.
August 8, 2013
Integrys Energy Services saw lower unit margins during the second quarter of 2013, though total margin was lifted by increased volumes, as executives also said that inorganic acquisitions remain a key part of Integrys Energy Services' growth strategy.
August 8, 2013
Crius Energy is "extremely confident" that it will deliver on its strategy of growing through acquisitions of other retail energy companies and books, CEO Michael Fallquist said during an earnings call yesterday.
August 7, 2013
FirstEnergy Solutions says that it has been able to improve retail margins versus the year-ago, and is continuing to focus on higher-margin sales channels.
August 2, 2013
Energy Future Holdings Corp., the parent of TXU Energy and 4Change Energy, continued to see a reduced level of net residential customer churn during the second quarter of 2013, Energy Future Holdings disclosed in a 10-Q filed this morning.
August 2, 2013
Centrica, parent of Direct Energy, said during an earnings presentation this week that it now sees market products, along with its existing Texas generation ownership, as the preferred method of managing the pricing and load following risks of super-peaks in ERCOT, rather than owning additional…
August 1, 2013
Direct Energy yesterday announced operating profit of $255 million for the first six months of 2013.
August 1, 2013
Conditions in the competitive retail market are, "challenging," Exelon CEO Christopher Crane said on an earnings call yesterday, prompting Exelon to lower its margin and volume forecasts for retail.
August 1, 2013
AGL disclosed in reporting earnings yesterday that its retail operations segment recently acquired a retail customer book in Illinois.
