Calpine (CPN) Tops Q4 EPS by 3c
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Calpine Reports Fourth Quarter and Full Year 2015 Results, Reaffirms 2016 Guidance
February 12, 2016 6:00 AM ESTHOUSTON--(BUSINESS WIRE)-- Calpine Corporation (NYSE: CPN):
Summary of 2015 Financial Results (in millions, except per share amounts):
 Three Months Ended December 31,  Year Ended December 31, 2015  2014  % Change 2015  2014  % Change  Operating Revenues $ 1,436 $ 1,939 (25.9 )% $ 6,472 $ 8,030 (19.4 )% Commodity Margin $ 620 $ 538 15.2 %
$ 2,786 $ 2,759 1.0Â %
Adjusted EBITDA $ 390 $ 345 13.0Â %
$ 1,976 $ 1,949 1.4Â %
Adjusted Free Cash Flow $ 97... More