Energy Future Holdings Loses Billions From Playing It Safe in the Natural Gas Market, an Industrial Info News Alert

SUGAR LAND, TX–(EMWNews – August 20, 2008) – Researched by Industrial Info Resources

(Sugar Land, Texas) — Energy Future Holdings (EFH) (Dallas, Texas),

formerly TXU Corporation, posted net income losses of $3.33 billion for the

second quarter and losses of $4.6 billion for the first six months of 2008.

These losses, however, are primarily due to EFH’s long-term hedging

strategies in the natural gas market. The company is engaged in a

natural-gas hedging program from 2008 to 2014 in order to help maintain and

regulate cash flow and stabilize electricity prices in the volatile power

market. EFH estimates that it has already hedged 97% of its total natural

gas position for 2009 and 96% for 2010. The company expects to continue

this hedging program on a five- to six-year basis.

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