Reliant Energy Inc.

Industry: Utilities

Reliant Energy, Inc. provides electricity and energy services to retail and wholesale customers in the United States. The company offers energy products and services to approximately 1.9 million retail electricity customers in Texas, including residential and business customers, and commercial, industrial, and governmental/institutional customers. It also provides capacity and ancillary services in the wholesale energy markets. The company offers asset management services, including transportation and storage, and supply management; emisions and renewable credit trading; and long-term energy-management solutions, including contract administration and accounting services, and financing. Reliant also serves commercial and industrial clients in the Pennsylvania, New Jersey, and Maryland interconnection. In addition, the company trades and markets power, natural gas, and other energy-related commodities, as well as provide related risk management services. As of December 31, 2004, it owned, had an interest in, or leased 50 operating electric power generation facilities with an aggregate net generating capacity of 18,737 MW in six regions of the United States. The company was incorporated in 2000 and was formerly known as Reliant Resources, Inc. It changed its name to Reliant Energy, Inc. in April 2004. Reliant Energy is based in Houston, Texas.

Reliant Energy Inc.' rank improves

The company ranking improved in 2009, moving up the Fortune 500 list to 214th compared to 237th in 2008. This was based on its 2008 revenue of $11,209 million (a change of 1 million compared to 2009) and profits of $365 million (a change of $-1,105 million compared to 2008).

Another point of view

To many investors, profits are more important than revenue a company earns, If the Fortune 500 was ranked by profits instead of revenue then Reliant Energy Inc. would be ranked 523rd rather than 214th due to the fact it made a loss of $-740 million in 2009.

Reliant Energy Inc. Revenue* Profit* Fortune Ranking
200912,553-740214
200811,209365237
200710,985-328229
200610,708-331220

* US$ Million

Ones to watch

In order to take 213th position in the Fortune 500, Reliant Energy Inc. will need to overtake Danaher Corporation's revenue. With $12,698 million earned by Danaher Corporation, Reliant Energy Inc. requires an improvement of $0 million to move up the list. Next in line to take Reliant Energy Inc.'s place in 2011 was 215th ranked Texas Instruments with revenues of $12,501 million, which needed to earn $0 million more in order to catch up to Reliant Energy Inc.'s ranking.

Reliant Energy Inc. is not ranked in this year's Fortune 500

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