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Crius Energy Trust Tr Unit CRIUF

"Crius Energy Trust through its subsidiaries is engaged in the sale of electricity and natural gas to residential and commercial customers under variable price and fixed-price contracts. The company, through its subsidiaries, also markets solar products to its existing customers as well as to new prospects. It provides retail electricity to its customers in the Connecticut, Delaware, District of Columbia, Illinois, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Ohio, Pennsy


GREY:CRIUF - Post by User

Comment by truestar2on Dec 07, 2015 10:31am
74 Views
Post# 24361065

RE:Like I Said A While Ago...

RE:Like I Said A While Ago...It is not a Cash loss - they must show their mark to market due to GAAP - meaning the price they buy their gas and power vs the current market price of gas and power.  However they sell to their customers and make a profit doing that and are cash and earnings, (Adjusted EBITDA), positive doing so
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