Last 7 days
-6.4%
Last 30 days
-4.2%
Last 90 days
-16.9%
Trailing 12 Months
-33.6%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-09-08 | TotalEnergies SE | acquired | - | - | 3,844 | - |
2023-09-08 | Global Infrastructure Investors III, LLC | acquired | - | - | 3,844 | - |
2023-09-01 | Murphy Michael Taft | acquired | - | - | 470 | chief investment officer |
2023-09-01 | Ford Brian R. | acquired | - | - | 1,043 | - |
2023-09-01 | Global Infrastructure Investors III, LLC | acquired | - | - | 1,597 | - |
2023-09-01 | Sotos Christopher S | acquired | - | - | 2,915 | president and ceo |
2023-09-01 | More Daniel B. | acquired | - | - | 739 | - |
2023-09-01 | Lowry Jennifer Elaine | acquired | - | - | 134 | - |
2023-09-01 | Malcarney Kevin P. | acquired | - | - | 663 | evp, gen counsel and corp secr |
2023-09-01 | TotalEnergies SE | acquired | - | - | 1,597 | - |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-21 | Jefferies Group LLC | reduced | -0.78 | -243,568 | 2,270,260 | 0.02% |
2023-09-21 | Baystate Wealth Management LLC | added | 1.23 | -2,174 | 22,244 | -% |
2023-09-20 | BARCLAYS PLC | added | 129 | 4,752,000 | 9,096,000 | 0.01% |
2023-09-20 | BARCLAYS PLC | added | 10.69 | -14,000 | 2,729,000 | -% |
2023-09-05 | SILVIA MCCOLL WEALTH MANAGEMENT, LLC | sold off | -100 | -257,627 | - | -% |
2023-08-28 | Lavaca Capital LLC | unchanged | - | -27,146 | 279,888 | 0.08% |
2023-08-24 | Alberta Investment Management Corp | new | - | 371,994 | 371,994 | -% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | new | - | 1,696,460 | 1,696,460 | 0.02% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -6.4 | -206,281 | 1,095,310 | -% |
2023-08-21 | OSAIC HOLDINGS, INC. | added | 0.72 | -57,627 | 609,973 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 13, 2023 | clearbridge investments ltd | 0.8% | 670,896 | SC 13G/A | |
Feb 13, 2023 | apollo management holdings gp, llc | 0.5% | 167,697 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 10.49% | 3,630,807 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 10.46% | 8,598,712 | SC 13G/A | |
Feb 07, 2023 | blackrock inc. | 13.7% | 11,270,408 | SC 13G/A | |
Jan 26, 2023 | blackrock inc. | 11.7% | 4,053,171 | SC 13G/A | |
Jan 20, 2023 | blackrock inc. | 11.7% | 4,053,171 | SC 13G/A | |
Sep 20, 2022 | apollo management holdings gp, llc | 0.5% | 169,670 | SC 13G | |
Sep 15, 2022 | totalenergies se | 55.3% | 42,760,591 | SC 13D | |
Sep 15, 2022 | global infrastructure investors iii, llc | 55.3% | 42,760,591 | SC 13D/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 12, 2023 | 4 | Insider Trading | |
Sep 12, 2023 | 4 | Insider Trading | |
Sep 06, 2023 | 4 | Insider Trading | |
Sep 06, 2023 | 4 | Insider Trading | |
Sep 06, 2023 | 4 | Insider Trading | |
Sep 06, 2023 | 4 | Insider Trading | |
Sep 06, 2023 | 4 | Insider Trading | |
Sep 06, 2023 | 4 | Insider Trading | |
Sep 06, 2023 | 4 | Insider Trading | |
Sep 06, 2023 | 4 | Insider Trading |
1.4%
8.9%
6.9%
0.6%
55.4%
4.6%
0%
Y-axis is the maximum loss one would have experienced if Clearway Energy was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 3.0% | 1,302 | 1,264 | 1,190 | 1,240 | 1,251 | 1,263 | 1,286 | 1,248 | 1,229 | 1,178 | 1,199 | 1,154 | 1,118 | 1,073 | 1,032 | 1,026 | 1,022 | 1,045 | 1,053 | 1,055 | 1,032 |
S&GA Expenses | -5.3% | 36.00 | 38.00 | 40.00 | 41.00 | 43.00 | 42.00 | 40.00 | 34.00 | 33.00 | 35.00 | 34.00 | 39.00 | 37.00 | 32.00 | 29.00 | 23.00 | 22.00 | 21.00 | 20.00 | 22.00 | 20.00 |
EBITDA | -100.0% | - | 2,128 | 2,026 | 2,043 | 2,031 | 754 | 758 | 705 | 702 | 726 | 789 | 813 | 817 | 710 | 701 | 704 | 680 | 749 | 753 | 732 | 727 |
EBITDA Margin | -100.0% | - | 1.68* | 1.70* | 1.65* | 1.62* | 0.60* | 0.59* | 0.56* | 0.57* | 0.62* | 0.66* | 0.70* | 0.73* | 0.66* | 0.68* | 0.69* | 0.67* | 0.72* | 0.72* | 0.69* | 0.70* |
Interest Expenses | 2.8% | 292 | 284 | 232 | 223 | 258 | 314 | 312 | 302 | 303 | 293 | 415 | 412 | 433 | 470 | 404 | 443 | 411 | 352 | 306 | 268 | 268 |
Earnings Before Taxes | -95.5% | 60.00 | 1,328 | 1,282 | 1,319 | 1,270 | -65.00 | -63.00 | -109 | -84.00 | -21.00 | -54.00 | -18.00 | -45.00 | -179 | -104 | -108 | -72.00 | 63.00 | 116 | 122 | 101 |
EBT Margin | -100.0% | - | 1.05* | 1.08* | 1.06* | 1.02* | -0.05* | -0.05* | -0.09* | -0.07* | -0.02* | -0.05* | -0.02* | -0.04* | -0.17* | -0.10* | -0.11* | -0.07* | 0.06* | 0.11* | 0.12* | 0.11* |
Net Income | -86.6% | 82.00 | 614 | 582 | 562 | 551 | 12.00 | 51.00 | -99.00 | -88.00 | -43.00 | -72.00 | -47.00 | -44.00 | -156 | -96.00 | -139 | -125 | 7.00 | 54.00 | 48.00 | 30.00 |
Net Income Margin | -100.0% | - | 0.94* | 0.49* | 0.86* | 0.44* | 0.01* | 0.04* | -0.01* | 0.00* | 0.01* | -0.02* | 0.00* | 0.01* | -0.06* | -0.05* | -0.09* | -0.08* | 0.03* | 0.05* | 0.05* | 0.04* |
Free Cashflow | -100.0% | - | 616 | 675 | 657 | 600 | 628 | 550 | 480 | 468 | 345 | 421 | 421 | 296 | 248 | 249 | 255 | 333 | 413 | 415 | 310 | 352 |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | -1.0% | 12,624 | 12,749 | 12,312 | 12,596 | 12,648 | 12,628 | 12,813 | 11,780 | 11,881 | 11,848 | 10,592 | 9,725 | 9,736 | 9,555 | 9,700 | 8,838 | 8,731 | 8,465 | 8,500 | 8,500 | 8,448 |
Current Assets | 0% | 1,289 | 1,289 | 1,276 | 1,488 | 1,635 | 1,373 | 1,531 | 853 | 767 | 734 | 708 | 773 | 654 | 554 | 608 | 619 | 498 | 456 | 756 | 603 | 472 |
Cash Equivalents | -5.0% | 547 | 576 | 657 | 793 | 1,288 | 466 | 654 | 555 | 470 | 431 | 465 | 537 | 416 | 380 | 417 | 397 | 296 | 298 | 583 | 389 | 269 |
Inventory | 4.1% | 51.00 | 49.00 | 47.00 | 48.00 | 39.00 | 38.00 | 37.00 | 42.00 | 43.00 | 43.00 | 42.00 | 42.00 | 41.00 | 41.00 | 40.00 | 43.00 | 49.00 | 40.00 | 40.00 | 39.00 | 39.00 |
Net PPE | -1.5% | 7,748 | 7,863 | 7,421 | 7,437 | 7,545 | 7,661 | 7,650 | 7,438 | 7,537 | 7,490 | 7,217 | 6,165 | 6,256 | 6,001 | 6,063 | 5,562 | 5,602 | 5,355 | 5,245 | 5,306 | 5,376 |
Liabilities | -1.2% | 8,482 | 8,587 | 8,279 | 8,480 | 8,455 | 9,489 | 9,513 | 8,825 | 8,878 | 8,853 | 7,877 | 7,488 | 7,504 | 7,291 | 7,437 | 6,792 | 6,677 | 6,320 | 6,276 | 6,125 | 6,161 |
Current Liabilities | -5.0% | 606 | 638 | 617 | 808 | 749 | 1,527 | 1,631 | 816 | 754 | 748 | 634 | 602 | 555 | 1,714 | 2,057 | 2,246 | 2,127 | 1,787 | 704 | 1,085 | 804 |
Long Term Debt | -0.9% | 6,708 | 6,769 | 6,491 | 6,519 | 6,605 | 6,979 | 6,939 | 7,299 | 7,434 | 7,463 | 6,585 | 6,357 | 6,377 | 5,081 | 4,956 | 4,143 | 4,192 | 4,225 | 5,447 | 4,928 | 5,244 |
Shareholder's Equity | -0.6% | 4,127 | 4,153 | 4,026 | 4,109 | 4,189 | 3,139 | 3,300 | 2,955 | 3,003 | 2,995 | 2,715 | 2,237 | 2,232 | 2,264 | 2,263 | 2,046 | 2,054 | 2,145 | 2,224 | 2,375 | 2,288 |
Retained Earnings | -1.7% | 412 | 419 | 463 | 494 | 505 | -65.00 | -33.00 | -25.00 | -46.00 | -81.00 | -84.00 | -22.00 | -54.00 | -101 | -72.00 | -66.00 | -105 | -80.00 | -58.00 | 13.00 | 25.00 |
Additional Paid-In Capital | -0.1% | 1,718 | 1,719 | 1,761 | 1,786 | 1,785 | 1,826 | 1,872 | 1,810 | 1,848 | 1,886 | 1,922 | 1,918 | 1,934 | 1,922 | 1,936 | 1,830 | 1,852 | 1,870 | 1,897 | 1,935 | 1,859 |
Shares Outstanding | 0.1% | 202 | 202 | 202 | 202 | 202 | 202 | 202 | 202 | 202 | 202 | 202 | 201 | 201 | 199 | 199 | 193 | 193 | 193 | 193 | - | - |
Minority Interest | -0.9% | 1,987 | 2,006 | 1,792 | 1,818 | 1,896 | 1,377 | 1,466 | 1,177 | 1,209 | 1,199 | 890 | 355 | 370 | 463 | 413 | 298 | 322 | 373 | 402 | 440 | 419 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | -6.8% | 717 | 769 | 787 | 779 | 739 | 747 | 701 | 633 | 602 | 508 | 545 | 544 | 511 | 500 | 477 | 476 | 467 | 494 | 498 | 540 | 529 |
Cashflow From Investing | -135.7% | -382 | 1,071 | 1,065 | 665 | 886 | -643 | -865 | -472 | -522 | -359 | -62.00 | -188 | -217 | -459 | -468 | -310 | -230 | -167 | -185 | -334 | -418 |
Cashflow From Financing | 45.7% | -705 | -1,298 | -1,510 | -829 | -793 | -50.00 | 367 | -143 | -26.00 | -98.00 | -435 | -216 | -174 | 41.00 | -175 | -158 | -210 | -306 | -46.00 | -140 | -142 |
Dividend Payments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 180 | 202 | 222 | 238 | 227 | 218 |
CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Operating Revenues | ||||
Total operating revenues | $ 406 | $ 368 | $ 694 | $ 582 |
Operating Costs and Expenses | ||||
Cost of operations, exclusive of depreciation, amortization and accretion shown separately below | 118 | 112 | 226 | 240 |
Depreciation, amortization and accretion | 128 | 126 | 256 | 250 |
General and administrative | 9 | 11 | 19 | 23 |
Transaction and integration costs | 2 | 3 | 2 | 5 |
Development costs | 0 | 1 | 0 | 2 |
Total operating costs and expenses | 257 | 253 | 503 | 520 |
Gain on sale of business | 0 | 1,291 | 0 | 1,291 |
Operating Income | 149 | 1,406 | 191 | 1,353 |
Other Income (Expense) | ||||
Equity in earnings of unconsolidated affiliates | 3 | 10 | 0 | 14 |
Other income, net | 9 | 5 | 17 | 5 |
Loss on debt extinguishment | 0 | 0 | 0 | (2) |
Interest expense | (55) | (47) | (154) | (94) |
Total other expense, net | (43) | (32) | (137) | (77) |
Income Before Income Taxes | 106 | 1,374 | 54 | 1,276 |
Income tax expense | 22 | 225 | 10 | 224 |
Net Income | 84 | 1,149 | 44 | 1,052 |
Less: Net income attributable to noncontrolling interests and redeemable noncontrolling interests | 46 | 579 | 6 | 514 |
Net Income Attributable to Clearway Energy, Inc. | 38 | 570 | 38 | 538 |
Common Class A | ||||
Other Income (Expense) | ||||
Net Income Attributable to Clearway Energy, Inc. | $ 11 | $ 169 | $ 11 | $ 160 |
Earnings Per Share Attributable to Clearway Energy, Inc. Class A and Class C Common Stockholders | ||||
Weighted average number of common shares outstanding - basic (in shares) | 35 | 35 | 35 | 35 |
Weighted average number of common shares outstanding - diluted (in shares) | 35 | 35 | 35 | 35 |
Earnings per weighted average common share — basic (in dollars per share) | $ 0.33 | $ 4.89 | $ 0.32 | $ 4.62 |
Earnings per weighted average common share — diluted (in dollars per share) | 0.33 | 4.89 | 0.32 | 4.62 |
Common stock, dividends, per share, cash paid (in dollars per share) | $ 0.3818 | $ 0.3536 | $ 0.7563 | $ 0.7004 |
Common Class C | ||||
Other Income (Expense) | ||||
Net Income Attributable to Clearway Energy, Inc. | $ 27 | $ 401 | $ 27 | $ 378 |
Earnings Per Share Attributable to Clearway Energy, Inc. Class A and Class C Common Stockholders | ||||
Weighted average number of common shares outstanding - basic (in shares) | 82 | 82 | 82 | 82 |
Weighted average number of common shares outstanding - diluted (in shares) | 82 | 82 | 82 | 82 |
Earnings per weighted average common share — basic (in dollars per share) | $ 0.33 | $ 4.89 | $ 0.32 | $ 4.62 |
Earnings per weighted average common share — diluted (in dollars per share) | 0.33 | 4.89 | 0.32 | 4.62 |
Common stock, dividends, per share, cash paid (in dollars per share) | $ 0.3818 | $ 0.3536 | $ 0.7563 | $ 0.7004 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Current Assets | ||
Cash and cash equivalents | $ 547 | $ 657 |
Restricted cash | 371 | 339 |
Inventory | 51 | 47 |
Derivative instruments | 34 | 26 |
Prepayments and other current assets | 70 | 54 |
Total current assets | 1,289 | 1,276 |
Property, plant and equipment, net | 7,748 | 7,421 |
Other Assets | ||
Equity investments in affiliates | 352 | 364 |
Intangible assets for power purchase agreements, net | 2,397 | 2,488 |
Other intangible assets, net | 74 | 77 |
Derivative instruments | 83 | 63 |
Right-of-use assets, net | 550 | 527 |
Other non-current assets | 131 | 96 |
Total other assets | 3,587 | 3,615 |
Total Assets | 12,624 | 12,312 |
Current Liabilities | ||
Current portion of long-term debt | 330 | 322 |
Accounts payable — trade | 63 | 55 |
Derivative instruments | 44 | 50 |
Accrued interest expense | 54 | 54 |
Accrued expenses and other current liabilities | 54 | 114 |
Total current liabilities | 606 | 617 |
Other Liabilities | ||
Long-term debt | 6,708 | 6,491 |
Deferred income taxes | 118 | 119 |
Derivative instruments | 259 | 303 |
Long-term lease liabilities | 578 | 548 |
Other non-current liabilities | 213 | 201 |
Total other liabilities | 7,876 | 7,662 |
Total Liabilities | 8,482 | 8,279 |
Redeemable noncontrolling interest in subsidiaries | 15 | 7 |
Commitments and Contingencies | ||
Stockholders’ Equity | ||
Preferred stock, $0.01 par value; 10,000,000 shares authorized; none issued | 0 | 0 |
Class A, Class B, Class C and Class D common stock, $0.01 par value; 3,000,000,000 shares authorized (Class A 500,000,000, Class B 500,000,000, Class C 1,000,000,000, Class D 1,000,000,000); 202,075,237 shares issued and outstanding (Class A 34,613,853, Class B 42,738,750, Class C 82,385,884, Class D 42,336,750) at June 30, 2023 and 201,972,813 shares issued and outstanding (Class A 34,613,853, Class B 42,738,750, Class C 82,283,460, Class D 42,336,750) at December 31, 2022 | 1 | 1 |
Additional paid-in capital | 1,718 | 1,761 |
Retained earnings | 412 | 463 |
Accumulated other comprehensive income | 9 | 9 |
Noncontrolling interest | 1,987 | 1,792 |
Total Stockholders’ Equity | 4,127 | 4,026 |
Total Liabilities and Stockholders’ Equity | 12,624 | 12,312 |
Nonrelated Party | ||
Current Assets | ||
Accounts receivable | 215 | 153 |
Affiliated Entity | ||
Current Assets | ||
Accounts receivable | 1 | 0 |
Current Liabilities | ||
Accounts payable — affiliates | $ 61 | $ 22 |