|Last Price$20.71||Day Change (%)-1.43%|
|Open Price$20.96||Day Change ($)-0.30|
|Day Range20.54–20.96||52-Week Range19.60–24.37|
As of Fri 5/22/2015 5:10:00 PM | USD
Calpine Announces New Chief Commercial Officer, Succession Plan for Chief Accounting Officer
Growing electricity demand in Texas, environmental legislation in California, federal emissions regulations, and increasing market uncertainty may help Calpine establish a moat.
Companies operating in constructive regulatory environments as well as those with cleaner and more efficient energy production will be better positioned, says Morningstar's Charles Fishman.
With an efficiency advantage and strong capital allocators at the helm, Calpine is an attractive find among independent power producers.
Gran Tierra and West Face Capital Announce Agreement
The diverse deals completed over the last year show Berkshire still has an appetite to put its cash hoard to work, says Morningstar's Gregg Warren.
We still think that the ultimate outcome of Calpine's CPNLQ bankruptcy will be the current equityholders getting wiped out, so we reiterate our fair value estimate of zero. It's not that we think that Calpine's plants are worthless. In fact, Calpine's geothermal plants in California are very ...
We don't see an end to this atypical volatility until interest rates rise back toward historical norms.
Utilities' 23% total return through mid-December topped all sectors except for M&A-fueled health care.
Top managers continue to focus on higher-quality dividend-paying stocks in a fully valued market.