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January 30, 2012
The contribution from NextEra Energy's customer supply businesses and proprietary power & gas trading activity to parent-level adjusted earnings was down by approximately $4 million for the fourth quarter of 2011, versus the year-ago quarter, NextEra said in reporting earnings Friday.
January 30, 2012
Customer switching in Ohio accounted for a reduction in gross margin of $40.9 million at AEP Ohio during the fourth quarter of 2011, AEP disclosed in reporting earnings Friday.
January 30, 2012
Dominion Retail reported $51 million in earnings including noncontrolling interests before interest and taxes for the quarter ending December 31, 2011, down from $65 million a year ago, parent Dominion reported Friday.
January 27, 2012
Just Energy Group Inc. announced that its common shares have been approved for listing and trading on the New York Stock Exchange (NYSE) commencing on January 30, 2012 under the trading ticker symbol "JE". The company's common shares will continue to be listed for trading in Canada on the Toronto…
January 26, 2012
Exelon's Generation unit, which includes competitive retail operations, reported lower adjusted earnings for the fourth quarter of 2011 of $359 million, versus $538 million a year ago.
January 25, 2012
The following commentary is provided by Stephens Inc. Investment Banker Justin Courtney on the state of the REP capital markets. All views and opinions expressed herein are solely those of the author
December 8, 2011
IDT Energy recorded another quarter of net customer growth for the quarter ending October 31, 2011 (first fiscal quarter of 2012), with a net gain of 23,000 meters, its parent disclosed in reporting earnings today.
December 5, 2011
Online broker Power2Switch announced that it has raised $1.3 million in capital allowing it to launch service in additional states this month.
December 1, 2011
North American Power and broker Pricelock were both named to Forbes' list of America's 100 Most Promising Companies.
November 28, 2011
Total profitability for Direct Energy in Texas, "was not materially impacted," by price spikes during August, parent Centrica said in a recent interim management statement.
November 21, 2011
For the fourth fiscal quarter of 2011, WGL Holdings' retail energy-marketing segment reported operating earnings of $11.7 million, up from $5.9 million for the same quarter of the prior fiscal year.
November 9, 2011
UGI's Midstream & Marketing segment reported lower net income for the full fiscal year of 2011 of $52.5 million, versus $68.2 million for the prior fiscal year.
November 9, 2011
Just Energy Group Inc. reported Adjusted EBITDA of $47.9 million for the three months ended September 30, 2011 (second fiscal quarter of 2012), up from $37.5 million a year ago, largely driven by increased gross margin from Just Energy's home services and ethanol businesses (all figures Canadian).
November 9, 2011
South Jersey Energy Company recorded economic earnings of $1 million for the quarter ending September 30, 2011, up from $400,000 a year ago, parent South Jersey Industries reported yesterday.
November 8, 2011
In reporting earnings this morning, Just Energy said that its customer count as of September 30, 2011 stood at 3.403 million Residential Customer Equivalents (RCEs).
November 8, 2011
Subsidiary Dynegy Holdings, LLC and four of its wholly owned subsidiaries -- Dynegy Northeast Generation, Inc., Hudson Power, L.L.C., Dynegy Danskammer, L.L.C. (Danskammer) and Dynegy Roseton, L.L.C. (Roseton) -- have filed for bankruptcy under Chapter 11.
November 8, 2011
Superior Plus' fixed-price energy services business generated gross profits of $9.5 million for the third quarter of 2011, compared to $6.9 million in the prior year quarter (all figures Canadian).
November 7, 2011
Retail supplier SCANA Energy reported a seasonal loss of $4.3 million for the quarter ending September 30, 2011, versus a loss of $2.8 million a year ago.
November 7, 2011
Ameren is "staying active" in the Illinois retail electric market, executives said during an earnings call Friday.
November 7, 2011
Vectren Source reported a seasonal loss of $3.6 million in the third quarter of 2011, consistent with the year-ago loss of $3.5 million.
November 7, 2011
Gexa Energy earnings were lower by about $21 million for the three months ended September 30, 2011, versus the year-ago quarter, due to the extreme hot weather in Texas during the month of August, parent NextEra Energy said Friday.
November 4, 2011
D.C. to Close Investigation of Portfolio Management for SOS
November 4, 2011
Earnings from ongoing operations at PPL Corp.'s competitive Supply segment were $208 million for the third quarter of 2011, down from $260 million a year ago.
November 4, 2011
Adjusted earnings at Integrys Energy Services were $7.7 million for the third quarter, reversing the year-ago loss of $300,000 in core earnings at the competitive unit.
November 4, 2011
Duke Energy's Commercial Power segment reported lower adjusted EBIT of $145 million for the third quarter, versus $155 million a year ago, due to the impacts of customer migration in its affiliated Ohio service area.
