In today’s briefing:
- TLNE: Spark of Value
TLNE: Spark of Value
- TLNE reported Q1 results benefiting from its hedging program to offset the warmer winter in parts of the country. The Q1 results confirmed the commentary management had previously provided
- TLNE sold its power plants in Texas subsequent to the first quarter ending. This should remove a large portion of volatility from TLNE’s operations
- Spark spreads have continued to move in TLNE’s favor implying quarterly results this year could remain above expectations