BNET Industries
Reliant Energy Inc. (RRI) is in the Energy Industry
- Revenue
- Dec 31 2007
- $11.2B
- Profit
- Dec 31 2007
- $365.2M
- Market Cap
- Oct 09 2008
- $16.9M
Latest News and Analysis
Reliant Energy, Inc. Q2 2008 Earnings Call Transcript
Question-and-Answer SessionThank you. We will now begin the question and answer session. [Operator Instructions]. The first question is from Dan Eggers from Credit Suisse. Please go ahead. Daniel Eggers - Credit Suisse Hi, good morning. Mark M. Jacobs - President and Chief Executive Officer Good morning Dan. Daniel Eggers...
Reliant Energy, Inc. Q1 2008 Earnings Call Transcript
Question-and-Answer Session[Operator Instructions]. Our first question will come from the line of Dan Eggers with Credit Suisse. Daniel Eggers - Credit Suisse Hi. Brian, I was wondering if you could just give us a little more color or a little more precision around what the EBITDA or the opening...
Reliant Energy, Inc. Q4 2007 Earnings Call Transcript
Question-and-Answer Session[Operator Instructions]. Your first question comes from Lasan Johong with RBC Capital Markets. Lasan Johong - RBC Capital Markets Good morning, nice year results. Congratulations. Thank you and I wanted to quickly go over couple of important questions. Now that you guys are developing a rich man's problem,...
Fitch Assigns 'B' Short-Term IDR to Reliant Energy, Inc.; Outlook Stable
CHICAGO -- Fitch Ratings has assigned a 'B' short-term Issuer Default Rating IDR to Reliant Energy, Inc. RRI and affirmed its ratings as follows:
Fitch: Channelview Bankruptcy Does Not Affect Ratings of Reliant Energy, Inc
CHICAGO -- The filing for bankruptcy protection by Reliant Energy's Inc.'s (NYSE:RRI) Channelview subsidiaries does not affect the company's ratings (Issuer Default Rating IDR 'B') or Stable Rating Outlook. The Channelview subsidiary consists of an 830mw gas-fired baseload facility located in the Houston zone of ERCOT. There was approximately $342...
EquityOutlook.com Announces Stock Evaluation Ratings: ALERT: Rating Change for Autodesk, Adc Telecommunications, Reliant Energy Inc, Redback Networks Inc, Sonus Networks Inc
Business Editors
Reliant Energy Natural Gas Storage Facility Upgrades with PROFIBUS.(Reliant Energy Inc.)(Brief Article)
Instrumentation and control systems upgrades are never easy. That's what Reliant Energy's Unionville Compressor Station management discovered when they searched for a system that could handle additional pressure and temperature transmitters to incr Instrumentation and control systems upgrades are never easy. That's what...
Reliant Energy guide leads charge to retirement savings.(Brief Article)
An acquisition and a changing benefits program have led Reliant Energy Inc. to develop a simple yet comprehensive enrollment guide for its employee retirement savings plan. The Houston-based utility company's FutureSave program "is an expansi An acquisition and a changing benefits program have...
LATE NEWS.
SEARS TO ROLL OUT DECORATING STORES Sears, Roebuck and Co. this week is expected to announce plans to build as many as 200 Great Indoors home decorating superstores nationwide over the next 10 years, sources say. Sears operates one Great Indoors ...
Additional Resources
BellwetherReport.com Analyst Opinions on RF, JNJ, RRI and GFI
BellwetherReport.com is the leading onlinefinancial newsletter for investors seeking top independent and unbiasedresearch. Investors seeking free and unbiased analyst opinions on thecompanies mentioned in this release are encouraged to sign up to www.bellwetherreport.com for a free subscription to access these reports.Today, we have once again scheduled interviews with a...
Reliant Energy to Host Investor Call
HOUSTON -- Reliant Energy has scheduled an investor call for Tuesday, September 30, 2008 at 8:30 a.m. Eastern Daylight Time to discuss the press release issued this afternoon. The presentation will be webcast live at www.reliant.com/investors. The presentation is scheduled to begin at 8:30 a.m. Eastern Daylight Time....
Reliant Energy Lowers Financial Outlook, Acts to Strengthen Financial Position
Company Intends to End Credit-Enhanced Structure, New Financing Commitments Received HOUSTON -- Reliant Energy today announced it is revising its 2008 outlook downward to reflect the financial impact of Hurricane Ike and lower commodity prices in its wholesale business. In addition, the company and Merrill Lynch...
Reliant Teams Up with City of Houston and YMCA to Support Hurricane Relief Centers
HOUSTON -- As the Houston area works to recover from the effects of Hurricane Ike, Reliant Energy has teamed up with the Houston Department of Health and Human Services HDHHS and the YMCA to provide support for those who are living without electricity. At three HDHHS City of...
Reliant Energy Reaches Out To Those Impacted by Hurricane Ike
HOUSTON -- Helping those in the community affected by Hurricane Ike is a top priority at Reliant Energy. As part of that commitment, Reliant Energy is offering a range of newly created and existing programs to help those who are experiencing financial hardship resulting from the hurricane. These...
Reliant Energy's Seward Generating Station Earns OSHA VPP STAR Status
HOUSTON -- Reliant Energy's Seward Generating Station in New Florence, Penn., has been certified and designated by the Occupational Safety and Health Administration OSHA as an OSHA Voluntary Protection Program VPP STAR site. A ceremony commemorating this event will take place at 10:30 a.m., Thursday, Sept. 25 at Seward Generating...
Reliant Energy Pledges $1 Million to Gulf Coast Ike Relief Fund
Albert Myres to Lead Fundraising Efforts HOUSTON -- As part of Reliant Energy's commitment to helping the area recover from Hurricane Ike, the company is donating $1 million to the Gulf Coast Ike Relief Fund. Yesterday, Houston Mayor Bill White appointed Reliant Senior Vice President of...
IKE Tests Power Deregulation and "the System Works" — EMEX
HOUSTON -- EMEX, the Houston-based Energy Market Exchange today reported that Hurricane IKE produced "zero difference" in electricity delivery between the biggest suppliers in Texas and the lower cost suppliers accessed through EMEX. EMEX CEO Todd Segmond reported, "Yesterday, we surveyed every one -- 100% -- of the...
Utilities, ZigBee® and HomePlug® Join Forces to Create Wired HAN Standard
ZigBee Smart Energy to Be Expanded for Wired Use on HomePlug SAN RAMON, Calif., Aug. 25 /PRNewswire/ -- Today utilities led by American Electric Power, Consumers Energy, Pacific Gas and Electric Company, Reliant Energy, Sempra, and Southern California Edison are working with the ZigBeeR Alliance and the...
Reliant Energy Reports Second Quarter 2008 Results
* Retail financial results impacted by extraordinary weather and market conditions in ERCOT * Strong power plant operating performance * Value proposition and free cash flow outlook remain robust HOUSTON -- Reliant Energy, Inc. reported open EBITDA of $62 million for the second quarter...
Webcast Alert: Reliant Energy Announces Second Quarter 2008 Earnings Call
HOUSTON -- You are invited to listen to a webcast of Reliant Energy's (NYSE:RRI) Second Quarter 2008 earnings call that will be broadcast live on the Internet at 8:00 a.m. Eastern on Tuesday, August 5, 2008. What: <Reliant Energy's Second Quarter 2008 Earnings Call ...
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- Incorporated: 2000
- CEO: Mr. Mark M. Jacobs
- Employees: 3,698
Reliant Energy is engaged in providing electricity and energy services to retail and wholesale customers through its retail energy and wholesale energy segments. In retail energy, Co. provides electricity and energy services to customers in Texas, including residential and small business customers and commercial, industrial and governmental/institutional customers. In wholesale energy, Co. provides electricity and energy services in the wholesale energy markets in the U.S. Co. also owns and operates or contracts for power generation capacity. At Dec 31 2007, Co. had 16,000 megawatt of owned or leased generation capacity in operation, and about 1.8 million retail electricity customers.
Key Competitors
Reliant Energy Inc. Company Info
Board of Directors
Mr. Joel V. Staff
Executive Chairman
Mr. E. William Barnett
Mr. Donald J. Breeding
Mr. Kirbyjon H. Caldwell
Mr. Mark M. Jacobs
Mr. Steven L. Miller
Ms. Laree E. Perez
Mr. Evan J. Silverstein
Mr. William L. Transier
Contact Information
1000 Main Street
Houston, TX
713 497-7000
