Seeking Alpha

Seeking Alpha Portfolio App for iPad

698 people get CPN articles and Market Currents by email alert.

Get email alerts on CPN »

CPN

Calpine Corporation

5/18/2013, 10:26 PM ET

Quote & Headlines Market Currents StockTalk

All
| Earnings
| Dividends
| M&A
| On the move

Monday, November 5, 2012, 5:30 PM Notable earnings before Tuesday’s open: AKRX, AMED, AMSC, AOL, CPN, CRIS, CRZO, CSC, CVC, CVS, DISCA, DISH, DNR, DTV, DWRE, EMR, EXPD, FOSL, FTR, FUN, GEL, HCN, HL, HPT, ISIS, KWK, MFA, NYX, ODP, OMX, OXF, POM, SCG, SRE, VVUS Comment! [Earnings]
Thursday, October 4, 2012, 8:07 AM Calpine (CPN) agrees to purchase Bosque Power's 800 mw power plant for $432M plus adjustments, or ~$540/kw. CPN says the deal provides increased generation capacity in the evolution of one of its core markets and at a discount to replacement cost. The company expects to fund the acquisition with cash on hand. Comment! [Energy]
Wednesday, September 26, 2012, 3:09 PM Calpine ([[CPN] +1.2%) has agreed to supply electric generation capacity and power to American Electric Power (AEP) in its Public Service Company of Oklahoma subsidiary through May 2031. Under the contract, AEP will purchase 260 megawatts of CPN’s capacity, energy and ancillary services. Comment! [Energy]
Monday, September 24, 2012, 12:19 PM UBS says that Street FY13 EBITDA estimates are slightly high for Calpine (CPN -0.8%), and the stock should see muted upside over the near-term going into Q3 results. The firm notes however, that the shares remain a Buy, given pending ERCOT reforms and CO2 cap-and-trade implementation in California. Comment! [Energy]
Thursday, August 30, 2012, 3:08 PM Wholesale power producer Calpine (CPN +2.5%) is upgraded to Overweight with a new $21 target price based on improving fundamentals in Texas, where recent work by the state's public utility commission highlighted a tightening power market. Also cited: CPN's gas-fired profile not dependent on commodity prices, strong free cash flow generation, and a friendly shareholder track record. Comment! [Energy, Quick Ideas, On the Move]
Friday, July 27, 2012, 6:25 AM Calpine (CPN): Q2 EPS of -$0.69 may not be comparable to consensus of -$0.03. Revenue of $879M (-46.2% Y/Y) misses by $260M. (PR) Comment! [Earnings]
Friday, July 27, 2012, 12:05 AM Notable earnings before Friday’s open: ACI, AON, CCJ, CFX, CPN, CVH, CVX, DHI, DTE, EGO, FNFG, HP, KKR, LM, LYB, MRK, NEM, NVE, OHI, TOT, TRP, WY Comment! [Earnings]
Thursday, July 26, 2012, 5:30 PM Notable earnings before Friday’s open: ACI, AON, CCJ, CFX, CPN, CVH, CVX, DHI, DTE, EGO, FNFG, HP, KKR, LM, LYB, MRK, NEM, NVE, OHI, TOT, TRP, WY Comment! [Earnings]
Wednesday, June 13, 2012, 2:09 PM GenOn Energy (GEN -2.1%) is upgraded to Neutral from Sell at UBS, which notes shares have dramatically lagged peers Calpine (CPN) and NRG. The firm believes much of the weakness may be tied to underwhelming capacity results from May's 2015-16 auction, and forthcoming petitions filed by generators could yet support shares. 1 Comment [Energy, Quick Ideas, On the Move]
Monday, April 30, 2012, 12:28 PM Calpine (CPN +2.1%) gets a boost from an upgrade to Buy on valuation from Jefferies on the back of last weeks encouraging Q1 report and increased guidance. The firm also raises its price target to $21.50 from $18. Comment! [On the Move]
Friday, April 27, 2012, 6:34 AM Calpine (CPN): Q1 EPS of -$0.14 may not be comparable to consensus of -$0.11. Revenue of $1.23B (-13.3% Y/Y). (PR) Comment! [Earnings]
Friday, April 27, 2012, 12:05 AM Notable earnings before Friday's open: ALV, COV, CPN, CVH, DTE, F, GT, IMAX, IP, KKR, MRK, NEM, PG, SPG, TOT, VFC, VTR, WY Comment! [Earnings]
Thursday, April 26, 2012, 5:30 PM Notable earnings before Friday's open: ALV, COV, CPN, CVH, DTE, F, GT, IMAX, IP, KKR, MRK, NEM, PG, SPG, TOT, VFC, VTR, WY Comment! [Earnings]
Monday, March 26, 2012, 11:52 AM Calpine (CPN -2.8%) gets clipped by a Barclays downgrade to Equalweight from Overweight. After humming right along in positive territory, shares broke sharply lower midday on the action by Barclays. Comment! [On the Move]
Friday, February 10, 2012, 6:48 AM Calpine (CPN): Q4 EPS of -$0.03 misses by $0.01. Revenue of $1.46B (-0.8% Y/Y) misses by $210M. (PR) Comment! [Earnings, Energy]
Friday, February 10, 2012, 12:05 AM Notable earnings before Friday's open: ACI, ALU, BPL, BPO, CPN, FLIR, LH, LNT, LYB, NYX, PPL Comment! [Earnings]