NRG Energy Inc

NRG: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$74.00	Cyr	Ndvqzjbr

NRG Energy Earnings: Excitement Around Electricity Demand Slow to Show Up in Earnings

Travis Miller

May 8, 2024

We are reaffirming our $41 per share fair value estimate for NRG Energy after the company announced $849 million of adjusted earnings before interest, taxes, depreciation, and amortization during the first quarter of 2024. We are reaffirming our no-moat rating and High Morningstar Uncertainty Rating.

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