NRG Energy Inc
Are These Utilities’ Earnings Enough to Attract You?
US utilities (XLU) are targeting average annual earnings growth of 4%–6% for the next few years.
DUK, AWK, FE: Why These Utility Stocks Are in Focus
NRG Energy (NRG) has risen 23.1% in the past year, the most among high-volatility utility stocks.
What Are Institutional Investors Doing with NRG Energy?
Institutional investors decreased their positions in NRG Energy (NRG) in June 2016.
How Low Natural Gas Prices Could Impact Coal Miners
Henry Hub benchmark natural gas prices came in at $3.01 per MMBtu for the week ended September 30, 2016. This compares to $3.11 per MMBtu for the previous week.
Costco Rose, Citigroup Upgraded the Stock
The S&P 500 Consumer Staples sector rose 0.15% on December 19. Costco Wholesale (COST) and Altria Group (MO) were the top performers.
Oaktree Capital Sheds Nearly Half Its Holdings in NRG Energy
NRG Energy is a US-based integrated retail electricity and wholesale power-generation firm. The company has 2.5 million residential customers across the US.
NRG Energy’s Chart Indicators after Its 2Q17 Earnings
NRG Energy (NRG) stock has nearly doubled this year. Currently, it’s trading at a 25% and 48% premium to its 50-day and 200-day moving average levels.
What Bond Mutual Fund Investors Can Do in a Liquidity Squeeze
Things look fine for now Previously in this series, we discussed how mutual funds have a notably larger holding of corporate bonds at present than they had before the financial crisis of 2008. We’ve also talked about how regulatory changes could impact the role of banks as market makers. At the same time, the role […]
NRG Energy’s Valuation Compared to Its Peers
Currently, NRG Energy (NRG) stock is trading at a forward PE ratio of 8.5x based on its estimated EPS in 2019.
NRG Energy’s Price Targets and Analyst Recommendations
According to Wall Street analysts, NRG Energy’s (NRG) price target for the next year is $20.36. That implies an estimated rise of nearly 12.0%.
Comparing NRG Energy’s Valuation to Its Peers
Currently, NRG Energy (NRG) is trading at an EV-to-EBITDA valuation of ~12x—compared to its five-year historical average valuation of 11x.
These S&P 500 Utility Stocks Offer the Most Potential Upside
NRG Energy (NRG), the leading merchant power player stock and one of the smallest components of the S&P 500 Utilities Index (XLU), has a mean price target of $36.50 against its current market price of $31.20.
How NRG Energy Is Valued Compared to Its Peers
NRG Energy (NRG) stock seems to be trading at a fair valuation compared to the industry average and its historical average.
Do You Own Analysts’ Favorite Utility Stocks?
Utilities witnessed an even harsher fall amid broader markets’ sell-off. However, utilities outperformed the S&P 500 in 2018.
NRG Energy Stock: Analysts’ Recommendations
Among the ten analysts tracking NRG Energy, four recommended a “strong buy,” five recommended a “buy,” and one recommended a “hold.”
NRG Energy Stock Rose 30% Due to Its Transformation Plan
There was a tsunami in NRG Energy (NRG) shares on July 12, 2017. NRG Energy stock opened 19% up and maintained the uptrend throughout the day.
Utility Stocks Slipped, Treasury Yields Raced to a Record High
US utility stocks slipped 0.8% on May 15 after ten-year Treasury yields peaked at 3.1%—a seven-year high. Broader markets also corrected 0.7%.
How Wall Street Views NRG Energy Stock
Among the total eight analysts covering NRG Energy (NRG), three recommend the stock as a “strong buy,” four recommend it as a “buy,” and one recommends it as a “hold.”
What’s NRG Energy’s Current Valuation?
NRG Energy (NRG) stock was trading at an EV-to-EBITDA valuation of 13x—higher than its five-year historical valuation.
What Does the Correlation between NRG and Natural Gas Mean?
NRG Energy (NRG) is the largest merchant power player in the United States. It has a generation fleet dominated by coal.
SunEdison’s Solar Energy and Semiconductor Businesses
On December 2, 2016, GlobalWafers completed the acquisition of SunEdison Semiconductor for $683.0 million.
Which Utility Stocks Have the Highest Short Interests?
On December 15, 2016, NRG Energy had a short interest-to-equity float ratio of 6.7%—the highest among the utility stocks that make up the Utilities Select Sector SPDR ETF.
Which Utility Stocks Lead in Implied Volatility?
On November 8, NRG Energy (NRG) had the highest implied volatility among the utility companies that make up the Utilities Select Sector SPDR ETF (XLU).
Analyzing the Top 5 Most Volatile S&P 500 Utilities
On December 20, 2017, the implied volatility of the Utilities Select Sector SPDR ETF (XLU), which tracks the S&P 500 Utilities Index, was ~12%.
NRG, SRE, AWK, and EIX: Utility Stocks with Strong Upside Potential
Analysts have given NRG Energy a median target price of $44.5, which implies an ~14% upside potential compared to its current price of $39.0.
Yieldco: A Green Investment Option That Pays
While REITs started trading in 1951 and MLPs started off in 1981, the first yieldco was floated in 2005 by Seaspan Corporation, a shipping company.
NRG Energy’s Target Price after Its 4Q17 Earnings
NRG Energy (NRG) stock has a mean target price of $33.25, which indicates an upside potential of more than 23% for the next 12 months.
Natural Gas Prices Lean Hard on Coal in Mid-December
Henry Hub benchmark natural gas prices rose in the week leading up to December 11. But the benchmark natural gas price fell to $1.77 per MMBtu on the day.
Why Exelon’s generating assets are regionally diverse
Exelon Corporation’s (EXC) power generation assets are spread across 18 states in the U.S. and some parts of Canada. Regional diversity is very important.
Must-know: Duke Energy’s generation and fuel mix
Duke Energy’s (DUK) electricity generation portfolio is regionally diversified. The fuel type that’s used to produce electricity is also diversified. Duke has a generation capacity of 57,500 megawatts (or MW) in the U.S.
Why did the market punish Exelon?
Exelon Corporation’s (EXC) stock has been hammered in the last six years. In 2008, the stock was trading at ~$90 per share. Early this year, the stock was available at less than $27 per share.
Looking at NRG Energy’s Subdued Performance in 4Q16
In its 4Q16 earnings release, NRG Yield (NYLD) declared its agreement to acquire NRG Energy’s Agua Caliente and Utah solar projects, totaling 311 net megawatts, for $130 million.
Why NRG Energy’s Implied Volatility Is Elevated
On January 18, 2017, NRG Energy (NRG) had the highest implied volatility among the utility companies that make up the Utilities Select Sector SPDR ETF (XLU).
Utility Stocks That Lead in Short Interest
In the last three months, NRC Energy’s stock has fallen 24.7%—the most among the utility stocks in the table above.
Which Utility Stocks Have the Highest Short Interest?
On December 6, 2016, NRG Energy (NRG) had a short interest-to-equity float ratio of 7.4%—the highest among the utility stocks that make up XLU.
Only 2 Power Utilities Gain during a Tough Week for the Sector
The power utilities sector remained under stress last week. The representative of the sector, the Utilities Select Sector SPDR (XLU), dropped by 4.1%.
Looking at NRG Energy’s Implied Volatility Trends
On January 8, the implied volatility in NRG Energy (NRG) stock was close to 30%—lower than its 15-day average volatility.
What Analysts Recommend for NRG Energy ahead of 4Q16 Earnings
According to Wall Street analysts, NRG Energy’s (NRG) price target for the next year is $18.46, which implies an estimated gain of nearly 8% in the next year from its current price of $17.10.
How Do Analysts View SCANA Stock in April 2018?
According to Wall Street analysts’ estimates, SCANA (SCG) stock is expected to rise approximately 9% over the next 12 months.
NRG Energy: Recent Institutional Activity
In 4Q17, Elliott Management continued to trim its stake in NRG Energy. Elliott Management sold net 4.0 million shares of NRG Energy.
Which S&P 500 Utilities Received a Target Price Change?
Duke Energy is trading at $77.5. Wall Street analysts gave Duke Energy a mean target price of $81.5.
Dynegy Shares Fell 5% and Hit a 52-Week Low
Dynegy (DYN) shares fell as much as 6.6% on March 22, 2017, and reached a new 52-week low of $6.67. Dynegy shares closed at $6.96.
Analyzing NRG Energy’s Valuation ahead of Its 2Q17 Earnings
With $8.0 billion of market capitalization, NRG Energy (NRG) is the smallest constituent of the S&P 500 Utilities Index (XLU).
Utility Stocks with High Short Interest: Do You Own Any of Them?
On January 5, 2017, NRG Energy (NRG) had a short interest-to-equity float ratio of 6.7%—the highest among the utility stocks that make up XLU.
Utilities Come under Pressure as September Fed Meeting Nears
All 40 utilities we track saw a fall in their stock prices during the week ending September 4. The broad-based SPDR S&P 500 ETF (SPY) lost a whopping 3.5% during the week.
Utility Stocks: Analyzing Returns and Implied Volatilities
PPL rose the least in the past year among the list of low implied volatility utility stocks. It announced its 4Q16 financial results on February 1.
Must-know: Understanding Duke’s strategy
In recent years, Duke Energy (DUK) made its intent very clear. It concentrates on its regulated utilities—its core business—instead of other areas. The regulated utilities business is Duke’s strength.
What Do Dynegy’s Chart Indicators Show?
There isn’t a high chance of the stock recovering soon. On March 22, Dynegy was trading 20% and 38% below its 50-day and 200-day moving average levels.
Natural Gas Prices Rise Marginally—But Not Enough to Boost Coal
Henry Hub benchmark natural gas prices came in at $2.22 per MMBtu on January 22, 2016. This compares to $2.18 per MMBtu on January 15, 2016.
These SPX Utilities Could Gain You More than 10% from Here
US utilities have risen nearly 12% year-to-date and surpassed broader markets. Very few utility stocks offer handsome potential upside going forward.
Clean Coal: The Future of the US Coal Mining Industry
Clean coal aims to minimize the emission of harmful greenhouse gases with clean coal technologies.
Analyzing Utility Stocks’ Implied Volatilities
On January 11, 2017, NRG Energy had the highest implied volatility among the utility companies that make up the Utilities Select Sector SPDR ETF (XLU).
NRG Energy: Institutional Ownership Changed Recently
According to the most recent filing, the Vanguard Group owns 10.5% or 33.2 million of the total outstanding shares in NRG Energy.
What Institutional Investors Are Saying about NRG Energy
NRG’s sharp drop in the last couple of months may have renewed investor interest in NRG Energy.
Why Investors Are Bearish on Certain Utility Stocks
As of October 13, 2016, NRG Energy (NRG) has the highest short interest-to-equity float ratio among utility stock companies that are part of XLU at 5.1%.
Why electricity demand is linked to GDP
Electricity is the backbone of a nation’s progress. All of the industries need electricity to operate—directly or indirectly. When a business flourishes, the electricity consumption increases.
Natural gas pumps up Southern Company’s power generation
Natural gas forms the major source of fuel for Southern Company (SO) and constitutes 42% of its installed capacity. This benefits Southern Company to generate electricity at a lower cost.
Will AES Stock Continue Its Surging Spree?
AES Corporation (AES) stock hit a new 52-week high of $18.62 yesterday. Also, it gained in 8 of the last 9 trading sessions.
NextEra Energy plays in regulated and unregulated utility markets
NextEra Energy is a Florida-based power company. Its subsidiaries are Florida Light & Power and NextEra Energy Resources.
Will NRG Energy Stock Replicate Its 2017 Movements This Year?
Given its rise of more than 130% last year, NRG Energy (NRG), the largest merchant power stock, holds the top spot among the most rallied utility stocks.
AT&T Stock Rose after Elliott Management Disclosed Stake
AT&T (T) stock rose 9% in pre-market trading after Elliott Management disclosed stake in the company worth $3.2 billion today.
Utilities Recap: The Big Gains and Losses Last Week
The Utilities Select Sector SPDR ETF (XLU), which represents the top US utility stocks, marginally rose while the S&P 500 rose ~0.5% last week.
S&P 500 Utilities Stocks with Maximum Upside Potential
PG&E (PCG) stock offers a handsome upside potential of 71% going forward. Wall Street analysts have given it a median target price of $40.2.
Top Utility Stocks’ Wall Street Ratings and Price Targets
Many top utility stocks are offering flattish potential upside due to the recent rally, based on analysts’ estimates.
Not All Utility Stocks Look Expensive Right Now
The unusual rally in utility stocks has pushed them to record valuation multiples this year. On average, they’re currently trading at 19 times their forward earnings!
Utility Stocks with Handsome Potential Gains
Utility stocks have shown an unusual run in 2019. The stocks have largely tracked broader markets. Including dividends, XLU has returned 25% over the past 12 months.
NRG Energy Stock: Is There More Weakness Brewing?
While many utility stocks are trading close to their peaks, NRG Energy (NRG) stock has fallen more than 20% from its 52-week high since its first-quarter earnings. The stock might witness more weakness in the short term.
NRG Energy’s Key Indicators: Recent Changes
Currently, NRG Energy stock is trading at $42.8, which is ~2% and 14% above its 50-day and 200-day moving average levels.
NRG Energy Offers a Strong Potential Upside
According to Wall Street analysts, NRG Energy (NRG) stock has a median target price of $44.5—compared to its current market price of $36.2.
Wall Street Analysts’ Top Five Favorite S&P 500 Utilities Stocks
Utility stocks remained strong even after the Fed delivered a rate hike last month—the second rate hike in 2018.
Elliott Management Exits NRG Energy in Q1: What’s Next?
Elliott Management, the activist shareholder whose involvement doubled NRG Energy (NRG) stock in the last year, has exited NRG.
NRG Energy Posts Stronger 1Q18 Earnings, Maintains Guidance
The leading merchant power player in the country, NRG Energy (NRG), reported its first-quarter financial results today.
S&P 500 Utilities: Last Week’s Best and Worst Performers
Investors seemed cautious about utilities last week, given the increased possibility of another interest rate hike.
What a Steep Rise in PPL’ s Implied Volatility Could Mean
On March 7, 2018, PPL’s (PPL) implied volatility reached almost 30%—notably higher than its 15-day average.
NRG Energy’s Current Valuation
Currently, NRG Energy (NRG) stock is trading at an EV-to-EBITDA valuation of 12x—compared to its five-year historical valuation of around 11x.
Analyzing Wall Street’s Top 5 S&P 500 Utilities Stocks
After correcting more than 12% in the last three months, US utilities continue to look weak,
NRG Energy’s Chart Indicators and Short Interest
NRG Energy (NRG) stock is trading at par with its 50-day moving average and 10% above its 200-day moving average.
Analyzing NRG Energy’s Current Valuation
Currently, NRG Energy is trading at an EV-to-EBITDA valuation of 13x—compared to its five-year historical valuation of ~11x.
NRG Energy’s Loss Widened in 2017, Stock Soared 4%
NRG Energy (NRG) reported its 4Q17 and fiscal 2017 earnings on March 1, 2018. The company reported adjusted earnings of $0.25 per share.
Where NRG Energy Stock Might Go from Here
NRG Energy (NRG) stock was one of the top gainers among the S&P 500 last year. So far in 2018, it has lost more than 5%.
Why SunPower Reported Lower 3Q17 Revenues
SunPower (SPWR) reports its revenue under the power plant, residential, and commercial segments. The latter two segments are together called the distributed generation segments.
SunPower Stock Surges 15% after 3Q17 Earnings Release
SunPower (SPWR) announced its 3Q17 earnings before market hours on November 2. In this series, we’ll examine SunPower’s 3Q17 results in detail and compare the results with analysts’ estimates.
Why NRG Energy Missed 3Q17 Earnings Estimates
Princeton-based NRG Energy (NRG) reported its third quarter financial results on November 2, 2017.
Will NRG Energy Beat Analysts’ 3Q17 Estimates?
Wall Street analysts expect NRG to report earnings of $0.94 per share for the quarter ended on September 30, 2017.
The Top 5 Rallying S&P 500 Utilities Stocks This Year
The Utilities Select Sector SPDR ETF (XLU), which represents S&P 500 Utilities Index, has gained ~10% YTD, marginally underperforming broader markets.
Analysts’ Top 5 Favorite S&P 500 Utilities Stocks
US utility stocks were weak recently due to proposed tax reforms and the increased possibility of another interest rate hike this year.
The Post-Hurricane Rise of Natural Gas
On September 18, 2017, the Henry Hub benchmark natural gas price was reported to be $3.11 per MMBtu (million British thermal units).
How Harvey and Irma Affected Natural Gas Prices
For the week ended September 15, the Henry Hub benchmark natural gas prices came in at $3.04 per MMBtu (million British thermal units).
Dominion Energy: What’s Its Implied Volatility?
On July 24, Dominion’s implied volatility was 15%—close to its 15-day average implied volatility. Higher implied volatility represents investors’ anxiety.
Which Factors Could Drive NRG Energy’s 2Q17 Earnings?
New Jersey–based NRG Energy (NRG) is set to report its 2Q17 financial results on August 3, 2017. Analysts expect NRG to report a loss of $0.09 per share for the quarter.
What Does NRG Energy’s Increased Implied Volatility Mean?
NRG Energy (NRG) is the most volatile stock in the S&P 500 Utilities Index. On July 12, 2017, it had an implied volatility of 43%.
NRG Energy’s Chart Indicators and Short Interest
On July 6, 2017, NRG Energy (NRG) stock was trading at a 1% and 9% premium to its 50-day and 200-day moving average levels, respectively.
US Utilities Were More Volatile than Broader Markets
Utilities are comparatively safe investment options. However, utility stocks have been more volatile so far this year compared to broader markets.
US Utilities Are Strong after the Fed’s Second Rate Hike
The Federal Reserve increased its benchmark interest rate by another 25 basis points on June 14, 2017—the second rate hike this year.
What Do NRG Energy’s Chart Indicators Suggest?
On April 12, 2017, NRG Energy stock was trading 7.0% and 35.0% above its 50-day and 200-day moving averages, respectively.
Will Natural Gas Take Merchant Stocks for a Ride Again This Year?
US power generation is dominated by natural gas since gas-fired generation has become more economical in the last few years.
Looking ahead for NRG Energy Stock in 2017
NRG Energy (NRG) stock is trading at a significant premium to its moving average levels.
A Look at NRG Energy’s 4Q16 Revenues
Independent power producer NRG Energy (NRG) reported its 4Q16 and fiscal 2016 results on February 28, 2017. NRG reported total revenues of ~$2.5 billion for 4Q16, lower than its 4Q15 revenues of $3.0 billion.
Factors that Could Drive NRG Energy’s Revenues in 4Q16
NRG Energy (NRG), one of the largest independent power producers, is set to report its fourth quarter and 2016 financial results on February 28, 2017.
Natural Gas Spot Prices Gets Support from Higher Inventory Drawdown
For the week ended January 20, 2017, Henry Hub benchmark natural gas prices came in at $3.29 per MMBtu, as compared to $3.28 per MMBtu in the previous week.