NRG Energy, Inc. (NRA.DE)
NRG Energy, Inc. operates in the Independent Power Producers industry of the Utilities sector, headquartered in Houston, TX, US. The stock last traded at $87.90, up 1.89% on the session, giving a market capitalisation of $18.55B. Its beta of 1.11 implies it has historically moved more than the broad market.
NRG Energy, Inc. operates as a fully integrated power company across the United States, providing electricity and associated products and services to approximately 6 million residential, commercial, industrial, and wholesale clients. The company's generation capabilities draw from a diverse portfolio including natural gas, coal, oil, solar, nuclear, and battery storage. Beyond power production, NRG delivers a wide array of energy solutions, such as system power, distributed generation, renewable products, backup power, energy storage, demand response, energy efficiency programs, and specialized advisory, carbon management, and on-site energy services. Furthermore, NRG actively participates in the trading of electric power, natural gas, and related commodities, environmental products, weather derivatives, and various financial instruments like forwards, futures, options, and swaps. The company also handles fuel procurement and transportation, and directly markets energy offerings to retail customers through brands including NRG, Reliant, Direct Energy, Green Mountain Energy, Stream, and XOOM Energy. As of December 31, 2021, NRG Energy owned and leased a substantial power generation portfolio comprising approximately 18,000 megawatts of capacity across 25 facilities. Established in 1989, NRG Energy, Inc. is headquartered in Houston, Texas.
NRG Energy, Inc. is most often compared with the following Utilities names: