Company Information

  

Address: 717 TEXAS AVENUE
SUITE 1000 
City: HOUSTON 
State: TX 
Zip Code: 77002 
Telephone: 713-830-2000 

Description of Business

Primary SIC Code: 4911
(As filed with the SEC)  

We are a premier competitive power company with 80 power plants primarily in the U.S. We sell the power and related services we produce to our wholesale customers who include commercial and industrial end-users, state and regional wholesale market operators, and our retail affiliates who serve retail customers. We measure our success by delivering long-term shareholder value. We accomplish this through our focus on operational excellence at our power plants and in our customer and commercial activity, as well as through our disciplined approach to capital allocation. Our capital allocation philosophy seeks to maximize levered cash returns to equity while maintaining a strong balance sheet. We seek to enhance shareholder value through a diverse and balanced capital allocation approach that includes portfolio management, organic or acquisitive growth, returning capital to shareholders and debt reduction.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
09/2017-0.06NAN/E
06/20170.13NA104.08
03/20170.66NA16.74
12/20160.26NA43.96
09/20161.76NA7.18
06/20161.68NA8.78
03/20161.81NA8.38
12/20150.64NA22.61

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.01Total Liab/Total Assets0.83
Net Inc/Total Assets0.00Total Liab/Inv Cap1.21
Net Inc/Inv Cap0.01Total Liab/Comm Equity1.67
Pretax Inc/Net Sales0.02Interest Coverage Ratio1.25
Net Inc/Net Sales0.01Curr Debt/Equity0.73
Cash Flow/Net Sales0.15LTD/Equity3.50
SG&A/NetSales0.03Total Debt/Equity4.23
Asset Utilization   Liquidity  
Net Receivables Turnover9.06Quick Ratio1.04
Inventory Turnover11.03Current Ratio1.20
Inventory Day Sales0.03Net Rec/Curr Assets0.19
Net Sales/Work Cap9.20Inv/Curr Assets0.13
Net Sales/PP&E0.52  

Income Statement (Millions)

  9/30/2017 6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 2,586.00 2,084.00 2,281.00 1,582.00
Cost of Goods Sold 2,099.00 2,017.00 2,180.00 1,455.00
Selling & Admin Exps 60.00 60.00 60.00 58.00
Operating Income 393.00 13.00 72.00 234.00
Interest Exp 156.00 154.00 159.00 159.00
Pretax Income 229.00 -149.00 -113.00 59.00
Other Income -8.00 -8.00 1.00 141.00
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 225.00 -216.00 -56.00 24.00

Balance Sheet (Millions)

Assets 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 804.00 722.00 769.00 1,032.00
Receivables - Total 935.00 874.00 765.00 839.00
Inventories - Total 409.00 455.00 535.00 581.00
Total Current Assets 2,388.00 3,187.00 3,521.00 4,432.00
Net Property, Plant & Equipment 12,833.00 12,940.00 13,009.00 13,013.00
Total Assets 16,792.00 17,975.00 18,576.00 19,317.00
Liabilities        
Accounts Payable 885.00 866.00 780.00 796.00
Debt in Current Liabilities 482.00 1,637.00 1,881.00 2,378.00
Total Current Liabilities 1,794.00 2,873.00 3,120.00 3,702.00
Long-Term Debt 11,281.00 11,307.00 11,344.00 11,431.00
Total Liabilities 13,548.00 14,979.00 15,364.00 16,049.00
Stockholder's Equity        
Minority Interest 79.00 73.00 70.00 71.00
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.00 0.00 0.00 0.00
Retained Earnings -6,260.00 -6,485.00 -6,269.00 -6,213.00
Treasury Stock -13.00 -13.00 -13.00 -7.00
Total Stockholders' Equity 3,244.00 2,996.00 3,212.00 3,268.00
Total Liabilities and Stockholders' Equity 16,792.00 17,975.00 18,576.00 19,317.00

Cash Flow Summary (Millions)

Categories 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities 561.00 152.00 94.00 363.00
Net Cash Provided by Investing Activities -144.00 -38.00 -13.00 -1,078.00
Net Cash Provided by Financing Activities -285.00 -63.00 -256.00 572.00

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20125,478.00199.000.42
12/20136,301.0014.000.03
12/20148,030.00946.002.31
12/20156,472.00235.000.64
12/20166,716.0092.000.26
Growth Rates5.23-17.54-11.30

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17339333,36492.46




Report Date : 12/11/2017

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