NRG Energy Inc
NRG: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $62.00 | Zgqc | Gjlwqlfl |
NRG Must Prove Its Consumer-Facing Business Strategy Can Create Value
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Business Strategy and Outlook
NRG Energy is no longer the business it used to be just a few years ago. Following its $5.2 billion Vivint Smart Home acquisition in March 2023, NRG is predominantly a nationwide retail energy supplier and home services business, a strategic flip from its legacy as a Texas-based power generator. We estimate NRG's legacy power generation business will represent about 20% of consolidated earnings once it integrates Vivint.