GREY:CRIUF - Post by User
Comment by
borne2runon Mar 14, 2019 7:06pm
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Post# 29488376
RE:Fourth Quarter and Year End 2018 Results
RE:Fourth Quarter and Year End 2018 ResultsGood thing Vistra Energy bought out Crius, tomorrow would have been ugly.
Q4 Payout Ratio > 100%.
Net customer attrition of 148,000
Gross customer drops in the fourth quarter of 231,000 customers compared to the average in the prior four quarters of 169,000.
Gross customer drops were elevated during the quarter primarily due to the non-renewal of 120,000 municipal aggregation customers as a result of the decision to no longer participate in the segment.
"no longer participate" = losing money