Skip to Content
Morningstar

NRG Energy Inc NRG Stock Quote

Morningstar Rating
| Rating as of

NYSE:NRG

Morningstar‘s Stock Analysis NRG

Valuation
Currency in USD
Is it the right time to buy or sell?
Find out with Morningstar Investor
Is it the right time to buy or sell?
Find out with Morningstar Investor

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

NRG Moves Past Third-Quarter Challenges; Management Balancing Growth and Share Buybacks

Travis Miller Strategist

Analyst Note

| Travis Miller |

We are reaffirming our $37 fair value estimate for NRG Energy after the company announced $452 million of adjusted EBITDA in the third quarter, down from $767 million in the third quarter of 2021. We had anticipated the third quarter would be weak based on operational headwinds. Year-to-date results are on track with our full-year forecast. We are reaffirming our no-moat, stable moat trend, and High Uncertainty Ratings.

Unlock Our Full Analysis With Morningstar Investor

Key Statistics NRG

More

Company Profile NRG

Business Description

NRG Energy is one of the largest retail energy providers in the U.S., with 7 million customers, including its 2021 acquisition of Direct Energy. It also is one of the largest U.S. independent power producers, with 16 gigawatts of nuclear, coal, gas, and oil power generation capacity primarily in Texas. Since 2018, NRG has divested its 47% stake in NRG Yield, among other renewable energy and conventional generation investments. NRG exited Chapter 11 bankruptcy as a stand-alone entity in December 2003.

Contact
804 Carnegie Center
Princeton, NJ, 08540
T +1 609 524-4500
Sector Utilities
Industry Utilities - Independent Power Producers
Most Recent Earnings Sep 30, 2022
Fiscal Year End Dec 31, 2021
Employees 6,635

Related News NRG

Stock Analyst Update

Tesla Enters the Texas Retail Energy Market

What does this mean for NRG and Vistra?
Travis Miller
Stock Strategist Industry Reports

Electricity Demand's COVID Comeback

Utilities should benefit as the U.S. economy electrifies.
Travis Miller
Market Update

How the Upcoming Election Will Shape Regulation

A look at utilities, energy, and the budding cannabis industry in a continuation of the Trump presidency or a new Biden administration.
David Sekera
Stock Analyst Update

Buying Opportunity Amid Long-Awaited Utilities Sell-Off

The sector is 7% undervalued based on Morningstar's fair value estimates.
Travis Miller
Stock Strategist Industry Reports

The Renewable Future

Utilities winners and losers as the U.S. goes green.
Travis Miller
Commentary

Value Investing: A Deep Dive Into Performance

In part one of our three-part special report, we examine why value has underperformed growth so dramatically in recent years.
Tom Lauricella
Quarter-End Insights

Utilities: Valuations Still Running Out of Control

Even the outlook for tightening monetary policies worldwide can't stop utilities from reaching near-record valuations.
Travis Miller
US Videos

Calpine Could Benefit if Nuclear Subsidies Are Struck Down

We think independent power producers could benefit if subsidies to keep nuclear power plants open are scrapped by the courts.
Travis Miller
US Videos

Challenges, Opportunities for Utilities Under Trump

While rising interest rates may threaten utility valuations, we think gas and power prices will stay low and renewable energy growth will continue.
Andrew Bischof
Stock Strategist

NRG Continues Strategic Shift

It's paying down debt and moving away from renewable energy.
Travis Miller
Stock Strategist

Utilities' Dividends Still Attractive, but Headwinds Remain

Even though the utilities sector appears fairly valued, there are pockets of opportunities and potential pitfalls that investors must watch carefully in the coming months.
Travis Miller
US Videos

3 High-Risk/High-Reward Utilities

We think less-traditional utility names Calpine, NRG Energy, and Dynegy could have 20% or more upside, but with very high uncertainty, they're not for the faint-hearted.
Travis Miller
Quarter-End Insights

Utilities: Low Rates Keep the Sector's Lovefest Raging

Only the Fed could break up utilities' M&A party.
Travis Miller
Quarter-End Insights

Utilities: Starting to Look Attractive After a Woeful 2015 Start

Utilities' 4% dividend yields still look attractive even with the chance for rising interest rates.
Travis Miller
Commentary

High-Quality Opportunities Light Up in Utilities Sector

Utilities' sharp drop since January has created buying opportunities among some quality names with long dividend-growth histories, strong balance sheets, and attractive growth prospects.
Andrew Bischof
US Videos

High-Quality Opportunities Light Up in Utilities Sector

Utilities' sharp drop since January has created buying opportunities among some quality names with long dividend-growth histories, strong balance sheets, and attractive growth prospects.
Andrew Bischof
Quarter-End Insights

Utilities: Bloody February Brings Valuations Back In Line

We don't see an end to this atypical volatility until interest rates rise back toward historical norms.
Travis Miller
Quarter-End Insights

Utilities: Repeating a Stellar 2014 Performance Will Be Tough

Utilities' 23% total return through mid-December topped all sectors except for M&A-fueled health care.
Travis Miller
Quarter-End Insights

Utilities: Roller-Coaster Ride Continues, but Fundamentals Are Strong

Stock price volatility offers opportunities for investors committed to holding utilities for the long run.
Travis Miller
Quarter-End Insights

Utilities Power Past Fair Value

Some of the most defensive companies in the utilities sector have performed the best this year and could face a sharp drop if interest rates start to creep up.
Travis Miller