Energy Future Holdings Corp.’s creditors may be carving up less of the Texas energy giant in a bankruptcy reorganization after it cut the earnings forecast last week for its deregulated unit, Bloomberg News reported on Friday. The former TXU Corp. reduced its 2015 profit forecast for its Texas Competitive Electric Holdings unit by almost 20 percent on lower expectations for natural gas prices, compared with earnings projections six months ago, the Dallas-based company said in an Oct. 15 regulatory filing. The revised outlook may cut how much debtholders receive after a chapter 11 restructuring, which may come as soon as next month, said Peter Thornton, an analyst for KDP Investment Advisors Inc.
