NYSE · Utilities

NRG Energy, Inc. NRG

NRG Energy, Inc., together with its subsidiaries, operates as an energy and home services company in the United States and Canada. It operates through the Texas, East, West/Other, Vivint Smart Home, and Corporate Activities segments. The company offers retail electricity, energy management, demand response and virtual power plant programs, carbon offsets, smart home security, and automation services.

Electric Utilities: Central

Company profile

Business mix

  • It operates through the Texas, East, West/Other, Vivint Smart Home, and Corporate Activities segments.
  • The company offers retail electricity, energy management, demand response and virtual power plant programs, carbon offsets, smart home security, and automation services.
  • It also offers system power, distributed and backup generation, energy storage, energy management, renewable and low-carbon products, and carbon management solutions for large business and commercial customers.
  • In addition, the company trades in power, natural gas, and related products; environmental products; weather products; and financial products, including forwards, futures, options, and swaps.

Current key questions

  • Can rate-base growth, allowed returns, and demand support earnings in utilities - independent power producers?
  • How do regulation, fuel costs, interest rates, and capital spending affect customer bills and returns?
  • Does the balance sheet support required infrastructure investment and dividends?
Holders 4 Current sample portfolio
Public mentions 0 Videos / interviews / letters
Valuation snapshot
PE 149.28 FCF -1.24% Buyback 4.3%
2026-06-07

Current firm holders

Firm Weight Value Filing period
Lyrical Asset Management 6.2% $406.9M 2026-03-31
Appaloosa David Tepper 4.3% $253.5M 2026-03-31
Bridgewater Associates Ray Dalio 0.4% $86.0M 2026-03-31
Oaktree Capital Management Howard Marks 0.1% $7.2M 2026-03-31

Recent trading changes over the last 3 quarters

Net buyers 1 Last 3 13F filing periods
Net reducers 4 Last 3 13F filing periods
Unchanged holders 0 Share count unchanged
Increase amount $7.2M Estimated from net added shares
Reduction amount $140.3M Estimated from net reduced shares
Net share change / base shares -14.5% -910,829 / 6,262,422
Appaloosa David Tepper 3 filing periods
13F 2025-09-30 Filed 2025-11-13
Minor reduction Shares -5.6% 13F value change -$15.1M
13F 2025-12-31 Filed 2026-02-17
Minor reduction Shares -12.3% 13F value change -$41.7M
13F 2026-03-31 Filed 2026-05-15
Minor increase Shares 5.8% 13F value change -$7.7M
Settlement As of 13F 2026-03-31 · Filed 2026-05-15
Base shares 1,980,000 Last 3 periods -245,558 (-12.4%) Total shares 1,734,442 Value $253.5M
Bridgewater Associates Ray Dalio 3 filing periods
13F 2025-09-30 Filed 2025-11-13
Major reduction Shares -60.1% 13F value change -$78.5M
13F 2025-12-31 Filed 2026-02-13
Major increase Shares 17.0% 13F value change +$7.9M
13F 2026-03-31 Filed 2026-05-15
Major increase Shares 54.5% 13F value change +$25.4M
Settlement As of 13F 2026-03-31 · Filed 2026-05-15
Base shares 817,082 Last 3 periods -228,580 (-28.0%) Total shares 588,502 Value $86.0M
Oaktree Capital Management Howard Marks 1 filing periods
13F 2026-03-31 Filed 2026-05-15
New Shares - 13F value change +$7.2M
Settlement As of 13F 2026-03-31 · Filed 2026-05-15
Base shares 0 Last 3 periods +49,028 (New) Total shares 49,028 Value $7.2M
Gotham Asset Management Joel Greenblatt 3 filing periods
13F 2025-09-30 Filed 2025-11-14
Major reduction Shares -32.4% 13F value change -$16.4M
13F 2025-12-31 Filed 2026-02-17
Minor reduction Shares -1.6% 13F value change -$1.1M
13F 2026-03-31 Filed 2026-05-15
Minor reduction Shares -8.2% 13F value change -$5.3M
Settlement As of 13F 2026-03-31 · Filed 2026-05-15
Base shares 320,245 Last 3 periods -124,892 (-39.0%) Total shares 195,353 Value $28.5M
Lyrical Asset Management 3 filing periods
13F 2025-09-30 Filed 2025-11-12
Minor increase Shares 1.4% 13F value change +$11.6M
13F 2025-12-31 Filed 2026-02-11
Minor reduction Shares -5.7% 13F value change -$37.7M
13F 2026-03-31 Filed 2026-05-11
Minor reduction Shares -7.4% 13F value change -$72.0M
Settlement As of 13F 2026-03-31 · Filed 2026-05-11
Base shares 3,145,095 Last 3 periods -360,827 (-11.5%) Total shares 2,784,268 Value $406.9M

Recent mentions

No public mentions.