BNET Industries

Reliant Energy Inc.

(RRI) is in the Energy Industry

Market Cap:$1.7B

Last Fiscal Year Sales:$11.2B

Public
US

Dow Jones Description

You can Rely on our energy services. Based in Houston, TX, Reliant Energy Inc. (NYSE: RRI) provides electricity and energy services to wholesale and retail customers. It operates electric power generation sites in the US and Europe and serves about 1.9 million electricity customers, mostly in Texas. It operates in two business segments: Wholesale provides energy and energy services to wholesale energy markets, while Retail provides power directly to consumers. The company has revenues of $9.7 billion and employs 3,675 workers. It has about 16,000 MW of generation capacity.

Number of Employees 3,816

Contact Information

1000 Main St

PO Box 148

Houston, Texas 77002

(713) 497-3000

Peer Companies

NAICS Code Electric Power Distribution: 221122

Company News

Recent Events

Reliant Energy and the City of Houston Launch Electric Vehicle Pilot ProjectPlug-in cars, charging stations...

11/21/09 - Product Announcement - View Story
Reliant Energy and the City of Houston Launch Electric Vehicle

11/17/09 - Product Announcement - View Story
Reliant Energy and the City of Houston Launch Electric Vehicle Pilot Project

11/17/09 - Licensing / Contract - View Story
Aptera Electric Vehicle Makes Houston Debut at Monday Night FootballReliant, NRG, Aptera and Houston Texans...

11/25/09 - Joint Venture / Alliance - View Story
Reliant Energy and Nissan Join Forces to Expand Electric Vehicle Use in Texas

11/13/09 - Joint Venture / Alliance - View Story
Electric Cars Expand Presence in Texas

11/18/09 - Joint Venture / Alliance - View Story
Nissan and Reliant Energy team up to promote EV infrastructure

11/16/09 - Joint Venture / Alliance - View Story
Trading Outlook for RRI Energy Inc. Issued by InvestorSoup.com

11/10/09 - Financial Announcement - View Story
Reliant Energy Names Tom Gros Senior Vice President of Sales

11/10/09 - Mgmt. Change Entering - Vice President - View Story
Reliant Energys Smart Energy Proposal Chosen for $20 Million Stimulus GrantProject Will Bring New Products...

10/29/09 - Joint Venture / Alliance - View Story
Goldman Sachs Upgrades Independent Power Producers; RRI Energy RRI Added to Buy List

9/29/09 - Bond / Stock Rating - View Story
Barclays Upgrades RRI Energy RRI to Overweight

9/11/09 - Bond / Stock Rating - View Story
Competition delivers lower power prices in Texas

9/03/09 - Merger / Acquisition - View Story
RRI Energy Reports Second Quarter 2009 Results

8/03/09 - Financial Announcement - View Story
WRAPUP 2-Xcel, NRG profits up; slowdown continues to hurt demand

7/30/09 - Merger / Acquisition - View Story
NRG rejects Exelon offer

7/08/09 - Merger / Acquisition - View Story

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reliant energy inc. and seeking alpha - All News and Analysis

Reliant Energy Inc. Q3 2009 Earnings Call Transcript

Seeking Alpha - 2009-11-05

Question-and-Answer Session Operator Operator Instructions Your first question comes from Neel Mitra - Simmons & Company International. Neel Mitra - Simmons & Company International I'm looking at the economic factor in your presentation, which increased for both 2009 and 2010 in MISO and decreased in PJM from...

Tags: Call Transcript, Earnings, Plant, Reliant Energy Inc., MISO, PJM, Asset Management, Financial Services, Operational Planning, Finance, Business Operations, Seeking Alpha
Reliant Energy, Inc. Q2 2009 Earnings Call Transcript

Seeking Alpha - 2009-08-03

Question-and-Answer SessionOperator Operator Instructions Your first question comes from Neel Mitra – Simmons International. Neel Mitra – Simmons International Could you give any color on much the capacity payments are moving relative to rest of pool capacity payments? Is there any linkage since it seems that MISO capacity payments...

Tags: Call Transcript, Earnings, Reliant Energy Inc., Capacity Payment, MISO, PJM, Operational Accounting, Channel Management, Finance, Marketing, Seeking Alpha
RRI Energy, Inc. Q1 2009 Earnings Call Transcript

Seeking Alpha - 2009-05-11

Question-and-Answer Session Operator Operator Instructions The first question comes from the line of Daniel Eggers – Credit Suisse. Daniel Eggers – Credit Suisse On the strategic review process with completion, can you just share a little more though process behind what you looked at and kind...

Tags: Call Transcript, Business, Earnings, Credit Suisse Group AG, Corporate Governance, Balance Sheets, Financial Accounting, Business Operations, Corporate Law, Financial Statements, Finance, Seeking Alpha, Reliant Energy Inc.
Reliant Energy, Inc. Q4 2008 Earnings Call Transcript

Seeking Alpha - 2009-03-02

Question-and-Answer Session Operator Operator Instructions Your first question comes from John Kiani - Deutsche Bank. John Kiani - Deutsche Bank What was your prior level of corporate G&A that wasn’t allocated to either Wholesale or Retail? And it looks like the amount changed. Can you talk about how much...

Tags: Deutsche Bank AG, Call Transcript, Business, Earnings, Reliant Energy Inc., RBC Capital Markets, Asset Management, Operational Planning, Business Operations, Seeking Alpha
Reliant Energy Inc. Q3 2008 Earnings Call Transcript

Seeking Alpha - 2008-11-07

Question-and-Answer SessionThank you. We will now begin the question and answer session. [Operator Instructions]. The first question is from John Kiani from Deutsche Bank. Please go ahead. John Kiani - Deutsche Bank Good morning. Mark Jacobs - President and Chief Executive Officer Good morning, John. John Kiani - Deutsche...

Tags: Deutsche Bank AG, Call Transcript, Earnings, Reliant Energy Inc., Financial Accounting, Finance, Seeking Alpha

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RRI $5.06 -0.08 (-1.56% )

Intraday

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3 Month

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6 Month

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1 Year

Average Volume	4,940,550
Shares Outstanding	352.78M
Market Cap	1.8B
Year High	7.64
Year Low	2.03
Earnings Per Share	-1.91
P/E Ratio	-2.65
Dividend	N/A
Yield	N/A

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Glass Door

Reliant Energy

CEO Rating

President, CEO, and Director

0% Approve

Employer Rating

“Neutral” 3.0

Employee Reviews

IndustryTop Rated

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