Calpine Corporation

Industry: Electric Utilities

Fortune Rank: 338

CPN is engaged in the acquisition, development, ownership and operation of power generation facilities and the sale of electricity and its by-product thermal energy. For the 6 months ended 6/30/05, revenues rose 4% to $4.29B. Net loss from cont. ops. and before acctng. change totalled $457.9M, up from $217.2 M. Revenues reflect higher electricity and steam generation. Net income was offset by impairment charge related to sale of power plant.

Calpine Corporation is an integrated power company engaged in the generation of electricity in the United States, Canada and the United Kingdom. The Company is involved in the development, construction, ownership and operation of power generation facilities, and the sale of electricity and its byproduct, thermal energy, primarily in the form of steam. Each of the power generation facilities in operation produces electricity for sale to a utility, other third-party end user or to an intermediary, such as a marketing company. At December 31, 2004, the Company owns 389 billion cubic feet equivalent (Bcfe) of net proved natural gas reserves located primarily in the Sacramento Basin of California and Gulf Coast regions of the United States. As of March 30, 2005, Calpine is capable of producing, net to its interest, approximately 100 million cubic feet equivalent (MMcfe) of natural gas per day.

Calpine Corporation

Calpine Corporation is a Fortune 500 company. In 2010 Calpine Corporation was ranked number 338 on the Fortune 500 list, making it the 338th largest company in the United States when judged by revenue.

Calpine Corporation achieved revenue of $6,564.00 million in 2010 and earned a profit of $149.00 million.

Calpine Corporation's rank changes

The company's ranking in 2010 was a decline from 2009 when it was ranked 272nd on the Fortune 500. The Previous ranking was based on its 2009 revenue of $9,937 million (a change of -3 million compared to 2010) and profits of $10 million (a change of 139 million compared to 2010).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Calpine Corporation would be ranked 333rd rather than 338th due to its profits of $149 in 2010.

Calpine Corporation Revenue* Profit* Fortune Ranking

* US$ Million

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