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Agreements and Financial Results of Electric Utilities - Research Report on Exelon, NRG, CenterPoint, OGE Energy, and PGE

 Agreements and Financial Results of Electric Utilities - Research Report on
                Exelon, NRG, CenterPoint, OGE Energy, and PGE

Editor Note: For more information about this release, please scroll to bottom.

PR Newswire

NEW YORK, August 21, 2013

NEW YORK, August 21, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Exelon
Corporation (NYSE: EXC), NRG Energy, Inc. (NYSE: NRG), CenterPoint Energy,
Inc. (NYSE: CNP), OGE Energy Corp. (NYSE: OGE), and Portland General Electric
Company (NYSE: POR). Today's readers may access these reports free of charge -
including full price targets, industry analysis and analyst ratings - via the
links below.

Exelon Corporation Research Report

On August 9, 2013, Exelon Corporation (Exelon) announced that it has signed an
agreement with the US Army on August 8, 2013, to join the Army Partnership for
Youth Success (PaYS) program. The Company stated that under the PaYS program,
the US Army forms strategic partnerships with US corporations, including
Exelon, and public sector agencies to help the Army attract talented young
recruits who want to serve their country and to help ensure their future
career success when their service is complete. According to the Company, the
PaYS partnership is the latest addition to Exelon's strategy to recruit, hire,
and develop military veterans and in the first seven months of 2013 the
Company has hired approximately 170 veterans. The Full Research Report on
Exelon Corporation - including full detailed breakdown, analyst ratings and
price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/b6fb_EXC]

NRG Energy, Inc. Research Report

On August 9, 2013, NRG Energy, Inc. (NRG) reported Q2 2013 financial results
with total operating revenues of $2.9 billion, up 31.8% YoY. Q2 2013 net
income available to NRG common stockholders in Q2 2013 was $127 million, or
$0.39 per diluted common share, compared with $248 million, or $1.08 per
diluted common share, in Q2 2012. Adjusted EBITDA stood at $594 million
compared to $555 million in Q2 2012. David Crane, President and CEO of NRG,
said, "While our current results have been impacted by a continuation of
extraordinarily mild weather into the critical summer air conditioning season,
particularly in Texas, we remain intensely focused across our Company on
achieving the best possible results for 2013 under the circumstances while
positioning the Company to realize the full financial potential of the GenOn
combination in 2014." NRG expects adjusted EBITDA for full year 2013 to be
within $2.6 billion to $2.7 billion, and for full year 2014 to be in the range
of $2.9 billion to 3.1 billion. The Full Research Report on NRG Energy, Inc. -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/9e8a_NRG]

CenterPoint Energy, Inc. Research Report

On August 1, 2013, CenterPoint Energy, Inc. (CenterPoint) reported Q2 2013
financial results with revenue up by 24.2% YoY to $1.9 billion. The Company
reported a net loss of $100 million, or $0.23 per diluted share, compared with
net income of $126 million, or $0.29 per diluted share, in Q2 2012. David M.
McClanahan, President and CEO of CenterPoint, said, "The most significant
accomplishment this quarter was the closing of our midstream partnership with
OGE Energy, Enable Midstream Partners. Our financial results for the quarter
include a number of one-time charges associated with its formation. Our other
businesses continue to show the benefits of our balanced portfolio with our
gas distribution, utilities reporting a strong quarter largely offsetting the
impact of milder weather on our electric utility." CenterPoint expects full
year 2013 diluted EPS to be in the range of $1.17 to $1.25. The Full Research
Report on CenterPoint Energy, Inc. - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at: [http://www.analystscorner.com/r/full_research_report/c9af_CNP]

OGE Energy Corp. Research Report

On August 8, 2013, OGE Energy Corp. (OGE Energy) reported Q2 2013 financial
results with total operating revenues of $734.2 million, down 14.1% YoY. Net
income attributable to OGE Energy was $91.7 million, or $0.46 per diluted
common share, compared with $93.9 million, or $0.47 per diluted common share,
in Q2 2012. The Company informed that the results include the impact of
2-for-1 stock split which became effective July 1, 2013. Pete Delaney,
Chairman, President, and CEO of OGE Energy said, "The second quarter saw OGE
achieve a number of significant milestones. We closed on the midstream
partnership with CenterPoint Energy, announced a strong operations leadership
team, revealed Enable Midstream Partners as the name, and closed on the credit
facility for the partnership." OGE Energy expects full year 2013 average
diluted EPS to be within $1.68 to $1.80 (adjusted for the stock split). The
Full Research Report on OGE Energy Corp. - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at: [http://www.analystscorner.com/r/full_research_report/2f74_OGE]

Portland General Electric Company Research Report

On August 2, 2013, Portland General Electric Company (PGE) reported Q2 2013
financial results with net revenue down 2.4% YoY to $403 million. Net loss
stood at $22 million, or $0.29 per diluted share, compared with net income of
$26 million, or $0.34 per diluted share, in Q2 2012. According to the Company,
the results were impacted by the suspension of the Cascade Crossing
Transmission Project as well as increased operating and maintenance expense
related to PGE's generation plants and distribution system. Jim Piro,
President and CEO of PGE, said, "We are moving forward on our three new
generation projects, have reached substantial settlement on our 2014 General
Rate Case and have successfully completed debt and equity financings,
positioning the Company for strong operations and growth over the next few
years." PGE has also reduced its earnings guidance and now expects full-year
2013 diluted EPS to be within $1.25 to $1.40. The Full Research Report on
Portland General Electric Company - including full detailed breakdown, analyst
ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/f779_POR]

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