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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 ROIcrusaderon Oct 30, 2017 5:09pm
164 Views
Post# 26878567

RE:Equation

RE:EquationSukhi... Comparing Altagas to Crius is a recipe for disaster. Altagas is a utility play, they don't actually sell much gas. They transport it, generate electricity via various projects, but generally don't produce gas. Crius, is an energy retailer, and offers fixed price contracts to commercial and retail customers which are hedged on the market. If you look at the last large plunge with this name, it was due to improper hedging. The weather turned cold and they had to buy gas/elec at the market and sell it into fixed contracts at a loss. I guess what I'm saying is that to apply a statement for Altagas, to Crius, would not be just a straight across simple comparison.
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