May 4, 2023
NRG Reports Higher Retail Margins
In reporting first quarter of 2023 earnings, NRG reported that its Home Retail Energy business saw a ~7% increase in margins and stable customer count, year-over-year
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May 3, 2023
Via Reports Increased Customer Count, Expanded Margins
Via Renewables, Inc. reported financial results for the quarter ended March 31, 2023.
April 20, 2023
Retail Supplier Temporarily Suspends Quarterly Cash Dividend On Common Stock
Via Renewables, Inc. ('Via Renewables' or the 'Company') announced that its Board of Directors has elected to, "temporarily suspend the quarterly cash dividend on its common stock."
April 17, 2023
Retail Supplier Parent Declares Additional Dividend On Preferred Stock, Noting Performance Of Company's REP Business
The board of directors of Genie Energy Ltd has declared a cash dividend of $0.6895 per share of the company’s Series 2012-A Preferred Stock, which consists of a Base Dividend of $0.1594 per share for the first quarter of 2023 and an Additional Dividend of $0.5301 per share for the period through…
March 29, 2023
Via Renewables Reports RCE Count, 4Q And Annual Earnings
Via Renewables, Inc. ("Via Renewables" or the "Company") today reported financial results for the year ended December 31, 2022
March 21, 2023
Via Renewables, Inc. Announces 1 for 5 Reverse Stock Split
Via Renewables, Inc. ("Via Renewables" or the "Company") announced that its shareholders approved a proposal by the Company's Board of Directors to consummate a reverse stock split of the Company's Class A common stock, par value $0.01 per share (the "Class A common stock"), at a ratio between 1 for…
March 16, 2023
Via Renewables, Inc. Reports Preliminary 2022 Financial Results; Expects To Report "Material Weakness" Relating To Controls Over Its Calculation Of Deferred Tax Assets And Liabilities, And Income Tax Expense, And Immaterial Corrections For The Years Ended December 31, 2021 And 2020
Via Renewables, Inc. ("Via Renewables" or the "Company") today reported, "preliminary unaudited financial results for the year ended December 31, 2022."
March 13, 2023
Genie Retail Energy Reports Record Gross Profit, Adjusted EBITDA; "Strong" Retail Margins
Genie Retail Energy (GRE) posted record fourth quarter gross profit, income from operations, and Adjusted EBITDA, "highlighted by strong margins in its retail book," parent Genie Energy, Ltd. said in announcing fourth quarter and full year 2022 earnings today
March 10, 2023
Sunnova, "Announces Minimal Exposure to Silicon Valley Bank"
Sunnova Energy International Inc. ("Sunnova") said in a news release today that it, "is aware of the recent media reports surrounding Silicon Valley Bank ('SVB') and questions that investors may have as a result."
March 6, 2023
Vistra To Acquire Energy Harbor
Today, Vistra Corp. announced that it has executed a definitive agreement with Energy Harbor Corp., pursuant to which Energy Harbor will merge with and into a newly-formed subsidiary of Vistra.
March 2, 2023
Via Renewables, Inc. Reschedules Fourth Quarter and Full Year 2022 Financial Results Release
Via Renewables, Inc. issued a news release today stating, "Via Renewables, Inc. ('Via Renewables' or the 'Company') (NASDAQ:VIA)(NASDAQ:VIASP), an independent retail energy services company, today announced that it has rescheduled its fourth quarter and full year 2022 earnings conference call. The…
March 1, 2023
Vistra (TXU Parent) "Held Strong Margins" While Growing Texas Customer Count
Overall Residential Count Lower On "Value-Accretive Exits" In Select Northeast Markets
In reporting earnings for the fourth quarter and full-year 2022, Vistra Corp. said that it, "held strong margins while growing Texas residential customer counts by almost 2% year-over-year."
February 23, 2023
AEP Reports Contribution From Retail Energy Business, Higher Retail Margins, Update On Strategic Review
In reporting fourth quarter and full-year earnings, AEP affirmed that it expects to complete the previously reported strategic review of AEP Energy, its competitive retail business, in the first half of 2023 (the same timeline as previously provided)
February 20, 2023
SouthStar Reports Increase In Net Income, Customer Count
In reporting full-year 2022 earnings recently, Southern Company reported an increase in net income and customer count in its Gas Marketing Services segment, which consists of SouthStar Energy Services (operating under various trade names)
February 16, 2023
Constellation Announces Capital Allocation Strategy, Reports Earnings
In reporting earnings, Constellation announced its capital allocation strategy for 2023 and 2024
February 16, 2023
NRG Reports Record Customer Retention, Provides More Details On Cross-Sell Opportunities Under Vivint Smart Home Acquisition, In Reporting Earnings
Sees Retail Growth Opportunities In East From Rising SOS Rates
In reporting fourth quarter and full year earnings for 2022, NRG Energy said that it experienced, "record customer retention."
February 15, 2023
NRG Reports Increase, Other Amendments To Credit Agreement
NRG reported in an 8-K that, "On February 14, 2023 (the 'Sixth Amendment Effective Date'), NRG Energy, Inc. ('NRG'), as borrower, and certain subsidiaries of NRG, as guarantors, entered into the Sixth Amendment to Second Amended and Restated Credit Agreement (the 'Sixth Amendment') with, among…
January 25, 2023
NextEra Reports Increase In Contribution From Customer Supply Business, Primarily Due To Higher Margins
NextEra Energy, Inc. reported that, for the fiscal year 2022, its Customer Supply & Trading business increased results by 12 cents per share (about $239 million) versus 2021, "primarily due to higher margins in our customer-facing businesses and the absence of Winter Storm Uri impacts."
January 5, 2023
Silicon Ranch Conducts $600 Million Equity Raise
Silicon Ranch Corporation, a provider of renewable energy, carbon, and battery storage solutions, announced that it conducted a $600 million equity raise.
December 16, 2022
Energy Tech Company Which Also Runs Retail Energy Shopping Site Raises $125 Million
Arcadia, which owns Real Simple Energy in addition to offering energy data and community solar services, announced that it has raised $125 million in new funding led by Magnetar Capital, with existing investor Keyframe Capital participating.
December 6, 2022
NRG Energy, Inc. To Acquire Vivint Smart Home, Inc.
NRG Energy, Inc. and Vivint Smart Home, Inc. today announced they have entered into a definitive agreement under which NRG will acquire Vivint for $12 per share or $2.8 billion in an all-cash transaction with an implied multiple of 6.3x run-rate Enterprise Value to Adjusted EBITDA.
December 2, 2022
Parent Of U.S. Retail Supplier Ends Current Talks To Sell French Energy Marketing Business, Provides Update On Disposition
UGI Corporation announced today that it no longer expects to sell its French energy marketing business in the first quarter of Fiscal 2023, "as extended negotiations with the potential buyer have been discontinued."
November 29, 2022
Just Energy Posts Fifth Consecutive Quarter Of Net Mass Market Growth; Base EBITDA & Gross Margin Up
Provision For Expected Credit Loss Increases By 469%
Just Energy Group Inc. reported results for the quarter ending September 30, 2022 (second fiscal quarter)
November 16, 2022
Broker-Consultant Secures $250 Million Credit Facility, To Be Used For Future Growth
Priority Power Management, Inc. ("Priority Power" or the "Company") announced that it refinanced its existing debt and increased its credit facility from $85 million to $250 million, which will further accelerate the Company's growth objectives
November 8, 2022
Constellation Reports "Strong" Results In Commercial Business, Drivers More Than Offset Higher Residential Bad Debt
Constellation Energy Corporation today reported financial results for the third quarter of 2022