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Calpine Corp (CPN.N)

CPN.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Calpine reports Q4 earnings per share $0.07
Friday, 10 Feb 2017 06:00am EST 

Calpine Corp - : Calpine reports fourth quarter and full year 2016 results, reaffirms 2017 guidance . Q4 earnings per share $0.07 . Q4 earnings per share view $-0.16 -- Thomson Reuters I/B/E/S . FY2017 earnings per share view $0.58, revenue view $5.41 billion -- Thomson Reuters I/B/E/S . Quarterly operating revenue $1.58 billion versus $1.44 billion . Q4 revenue view $1.36 billion -- Thomson Reuters I/B/E/S . 2017 guidance of $1.8 - $1.95 billion of adjusted ebitda and $710 - $860 million of adjusted free cash flow . "In terms of debt reduction, we have begun to execute on and are today updating delevering plan we laid out on our Q3 earnings call" ."Our updated plan calls for $2.7 billion of committed or planned debt paydown by 2019".  Full Article

Calpine Q3 earnings per share $0.83
Friday, 28 Oct 2016 06:00am EDT 

Calpine Corp : Qtrly operating revenues $2.36 billion versus $1.95 billion . Sees adjusted free cash flow for FY 2017 $710 million - $860 million . Calpine reports third quarter results, narrows 2016 guidance and provides 2017 guidance; more than 65% of market cap available for deployment over next three years . Q3 earnings per share $0.83 . Q3 earnings per share view $0.79 -- Thomson Reuters I/B/E/S . Narrowing 2016 adjusted EBITDA guidance range to $1.8 billion to $1.85 billion . Calpine corp sees 2017 adjusted EBITDA guidance of $1.8 billion to $1.95 billion .Sees 2016 adjusted free cash flow $710 million - $760 million.  Full Article

Calpine to acquire Noble Americas Energy Solutions
Sunday, 9 Oct 2016 07:10pm EDT 

Calpine Corp : Calpine to acquire Noble Americas Energy Solutions, significantly enhancing retail energy platform . agreement to purchase Noble Americas Energy Solutions for purchase price of $800 million plus $100 million of net working capital at closing . Says transaction is highly cash flow and credit accretive . Says expects to fund acquisition with a combination of cash on hand and temporary bridge loan financing of up to $550 million .Says intends to repay bridge facility during 2017 with proceeds from announced asset sales as well as cash from operations.  Full Article

Calpine announces sale of Mankato Power Plant for $395 mln
Thursday, 1 Sep 2016 09:00am EDT 

Calpine Corp : Calpine announces sale of Mankato Power Plant for $395 million . Calpine announces sale of Mankato Power Plant for $395 million . To sell Mankato Power Plant to Southern Company subsidiary, Southern Power .Expects to redeploy proceeds of sale toward corporate debt reduction and other corporate purposes.  Full Article

Calpine reports quarterly loss per share of $0.08
Friday, 29 Jul 2016 06:00am EDT 

Calpine Corp : Reports second quarter results, narrows 2016 guidance . Q2 loss per share $0.08 . Quarterly operating revenues $ 1,164 million versus $1,442 million . Sees FY adjusted free cash flow $710 million to $810 million . Q2 revenue view $1.29 billion -- Thomson Reuters I/B/E/S . Q2 earnings per share view $0.06 -- Thomson Reuters I/B/E/S .Sees 2016 adjusted EBITDA $1,800 million - 1,900 million.  Full Article

Calpine Corporation announces senior secured notes offering
Tuesday, 24 May 2016 11:08am EDT 

Calpine Corp : Calpine Corporation announces senior secured notes offering .Intends to offer $500 million in aggregate principal amount of senior secured notes due 2026.  Full Article

Calpine Corp says Frank Cassidy elected chairman of board
Thursday, 12 May 2016 08:15am EDT 

Calpine Corp: Cassidy succeeds Jack Fusco . Fusco was elected, and will continue to serve, as a director of Calpine .Frank Cassidy elected chairman of Calpine Corporation board of directors.  Full Article

Calpine Corp reaffirms FY 2016 guidance
Friday, 29 Apr 2016 06:00am EDT 

Calpine Corp:Reaffirming 2016 Full Year Guidance.Sees FY 2016 Adjusted EBITDA $1,800 mln - $1,950 mln.Sees FY 2016 Adjusted Free Cash Flow $710 - 860.Sees FY 2016 Per Share Estimate (diluted) $2.00 - 2.40.  Full Article

Calpine amended corporate revolving facility, increasing capacity by $178 million
Friday, 12 Feb 2016 06:00am EST 

Calpine Corp:Says amended corporate revolving facility, increasing capacity by an additional $178 million to $1.678 billion through June 27, 2018.  Full Article

Calpine Corp reaffirms FY 2016 EBITDA guidance
Friday, 12 Feb 2016 06:00am EST 

Calpine Corp:Reaffirms FY 2016 adjusted EBITDA guidance in the range of $1.800 - 1.950 billion.  Full Article

BRIEF-Calpine says ‍downtown Houston headquarters closed due to flooding after Hurricane Harvey

* Calpine provides update on Hurricane Harvey’s impact on Southeast Texas operations