What does calpine — purchased power and fuel expenses mean?

This metric captures the direct costs incurred by the Calpine segment to acquire the electricity and fuel necessary to fulfill customer contracts and operational requirements. It serves as a measure of the segment's variable cost structure and its exposure to commodity price volatility. Monitoring this expense is critical for assessing the segment's cost management efficiency and its vulnerability to fluctuations in energy market prices.

Constellation Energy CEG Calpine — Purchased Power and Fuel Expenses

Similar metrics at other companies

BKH

BKHFuel Purchased Power And Cost Of Gas Sold

$337.9M-6.1%

MGEECorporate And Other — Utilities Operating Expense Fuel And Purchased Power

$0—

PNW

PNWRegulated Electricity Segment — Fuel and purchased power

-$437M-15.0%

CVIPurchased power and fuel

$1.83B+20.3%

LGNDPurchased power and fuel

$3.27M-32.5%

UANPurchased power and fuel

$29.43M+5.5%

Other financials

Income statement

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Revenue$11.1B+63.8%

Operating income$2.3B+417%

Net income$1.6B+1,247%

EPS (diluted)$4.49+1,082%

Balance sheet

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Cash & equivalents$800.0M-56.7%

Total debt$22.1B—

Total assets$96.9B—

Cash flow

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Operating cash flow$425.0M+297%

CapEx$1.3B+58.2%

Free cash flow-$850.0M-21.6%

Valuation

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Market cap$95.95B+0.4%

Enterprise value$117.25B—

P/E29.4×—

P/S3.2×—

Profitability

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Operating margin12.4%—

Net margin10.9%—

FCF margin-7%—

Returns & leverage

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Current ratio1.4×—

Where this comes from

Reported directly by Constellation Energy in its filing.

Tagged under the XBRL concept ceg:PurchasedPowerAndFuelExpenses.

The official record: Constellation Energy’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Constellation Energy's calpine — purchased power and fuel expenses?: Constellation Energy (CEG) reported calpine — purchased power and fuel expenses of $1.27B in Q1 2026.
What does calpine — purchased power and fuel expenses mean?: This metric captures the direct costs incurred by the Calpine segment to acquire the electricity and fuel necessary to fulfill customer contracts and operational requirements. It serves as a measure of the segment's variable cost structure and its exposure to commodity price volatility. Monitoring this expense is critical for assessing the segment's cost management efficiency and its vulnerability to fluctuations in energy market prices.