BNET Industries
Market Cap:$1.8B
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
Peer Companies
NAICS Code Electric Power Distribution: 221122
Recent Events
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Trading Outlook for RRI Energy Inc. Issued by InvestorSoup.com
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Reliant Energy Names Tom Gros Senior Vice President of Sales
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Reliant Energys Smart Energy Proposal Chosen for $20 Million Stimulus GrantProject Will Bring New Products...
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Goldman Sachs Upgrades Independent Power Producers; RRI Energy RRI Added to Buy List
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Barclays Upgrades RRI Energy RRI to Overweight
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Competition delivers lower power prices in Texas
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RRI Energy Sees Call-Buying Heat Up
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RRI Energy Reports Second Quarter 2009 Results
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WRAPUP 2-Xcel, NRG profits up; slowdown continues to hurt demand
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NRG rejects Exelon offer
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NRG Energy rejects Exelon's revised bid
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Exelon raises NRG bid; shares fall
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NRG Rejects Exelon Bid
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May be a case of too little, too late ... we don't think the small...
News & Analysis
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reliant energy inc. - 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...
Reliant Energy, Inc. Q2 2009 Earnings Call Transcript
Seeking Alpha
- 2009-08-03
Reliant Energy, Inc. RRI Q2 2009 Earnings Call August 3, 2009 10:00 am ET
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...
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...
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...
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...
Reliant Energy Lowers Financial Outlook, Acts to Strengthen Financial Position
- 2008-09-29
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 have agreed...
Reliant Energy, Inc. Q2 2008 Earnings Call Transcript
Seeking Alpha
- 2008-08-05
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
Seeking Alpha
- 2008-05-01
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
Seeking Alpha
- 2008-02-27
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,...
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Glass Door
Reliant Energy
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