Calpine Corporation (CPN) Posts Q2 Loss; Confirms Discussions on Potential Sale
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Calpine Reports Second Quarter 2017 Results and Reaffirms 2017 Guidance
July 28, 2017 6:07 AM EDTAnnounces that Company is in Discussions Regarding Potential Sale
HOUSTON--(BUSINESS WIRE)-- Calpine Corporation (NYSE: CPN):
Summary of Second Quarter 2017 Financial Results (in millions):
  Three Months Ended June 30,   Six Months Ended June 30, 2017   2016   % Change 2017   2016   % Change  Operating Revenues $ 2,084 $ 1,164 79.0 % $ 4,365 $ 2,779 57.1 % Income from operations $ 13 $ 140 (90.7 )% $ 85 $ 143 (40.6 )% Cash provided by operating activities $ 152 $ 94 61.7 % $ 246 $ 125 96.8 % Net Loss1 $ (216 ) $ (29 )... More