Financial Data and Key Metrics Changes - NRG delivered the strongest first quarter adjusted EBITDA in company history, surpassing last year's record by 30% [8] - Adjusted EPS for the first quarter was $2.68, an 84% increase compared to the first quarter of last year [10][25] - Adjusted net income was $531 million and free cash flow before growth was $293 million, reflecting a significant increase from the previous year [25][26] Business Line Data and Key Metrics Changes - Each segment executed exceptionally in the first quarter, producing strong financial results over the prior year, driven by expanded margins and favorable weather [25][26] - The acquisition of the LS Power portfolio is expected to significantly expand earnings potential and enhance virtual power plant operations [8][14] Market Data and Key Metrics Changes - The acquisition adds approximately 11 gigawatts of natural gas-fired capacity in the East, with 75% in PJM, enhancing NRG's competitive position in key markets [16][20] - The company expects to generate enough output from its own plants to serve its residential retail load in Texas and produce more than twice the energy required for retail customers in PJM [18] Company Strategy and Development Direction - The acquisition reshapes NRG's competitive position, doubling its generation capacity and enhancing its ability to serve customers [8][14] - NRG is committed to a balanced capital allocation approach, targeting $1 billion in annual share repurchases while maintaining a strong balance sheet [22][31] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the acquisition's ability to capture value as markets tighten and customer demand for customized supply solutions increases [21][43] - The company anticipates a compound annual growth rate of 14% in adjusted EPS through 2029, reflecting contributions from the acquisition and existing growth plans [9][42] Other Important Information - The acquisition is valued at approximately $12 billion, with LS Power receiving $2.8 billion in equity, which will make them a significant shareholder in NRG [13][14] - NRG plans to reduce debt by $3.7 billion over the next 24 to 36 months post-acquisition [31][40] Q&A Session Summary Question: Clarification on EBITDA assumptions and Sea Power's contribution - Management chose to use previous pricing assumptions for simplicity, indicating that current market prices would yield significantly higher numbers [50] - Sea Power is expected to be a powerful tool, with synergies not factored into the initial EBITDA projections [51][53] Question: Strategic growth opportunities in retail - The acquisition provides optionality across customer bases, enabling customized long-term solutions [54] Question: Insights on Eastern market positioning - Management expressed confidence in the PJM market, citing tightening capacity markets and the potential for significant upside [66][67] Question: Path to deleveraging post-acquisition - The company expects to be around 3.5 times leverage after year one, gradually reducing to three times over the following two years [75] Question: Home VPP opportunity tracking - The home VPP initiative is tracking well, with strong consumer reception and significant growth in demand response capacity expected [95]

NRG Energy (NRG) came out with quarterly earnings of $2.62 per share, beating the Zacks Consensus Estimate of $1.80 per share. This compares to earnings of $0.80 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 45.56%. A quarter ago, it was expected that this power company would post earnings of $0.95 per share when it actually produced earnings of $1.52, delivering a surprise of 60%.Over the last four quarters, the company has ...

Core Insights - NRG Energy, Inc. reported first-quarter 2025 earnings of $2.62 per share, exceeding the Zacks Consensus Estimate of $1.80 by 45.6% and significantly up from 80 cents in the same quarter last year [1] - Total revenues reached $8.59 billion, surpassing the Zacks Consensus Estimate of $2.89 billion by 196.4% and increasing 15.5% from $7.43 billion in the prior-year quarter [1] Financial Performance - Adjusted EBITDA for the first quarter was $1.13 billion, a 29.4% increase from $0.87 billion a year ago [2] - Total operating costs and expenses were $7.44 billion, up 13.6% from $6.55 billion in the year-ago quarter [2] - Operating income totaled $1.13 billion compared to $0.87 billion in the year-ago quarter [2] Shareholder Returns - As of April 30, 2025, the company returned $532 million to shareholders through $445 million in share repurchases and $87 million in common stock dividends [3] - For 2025, NRG plans to return approximately $1.3 billion through share repurchases and common stock dividends of around $345 million [3] Balance Sheet and Cash Flow - As of March 31, 2025, cash and cash equivalents were $693 million, down from $966 million as of December 31, 2024 [4] - Long-term debt and finance leases amounted to $9.81 billion, remaining flat sequentially [4] - Cash provided by operating activities in the first three months of 2025 totaled $855 million, compared to $267 million in the year-ago quarter [4] - Capital expenditures were $217 million, up from $69 million in the year-ago quarter [4] Guidance - NRG Energy expects 2025 adjusted net income and adjusted EPS to be in the range of $1.33-$1.53 billion and $6.75-$7.75, respectively [5] - Free Cash Flow before Growth is estimated to be in the range of $1.975-$2.225 billion [5] - The company anticipates adjusted EBITDA to be in the range of $3.725-$3.975 billion [5]

NRG Energy, Inc. First Quarter 2025 Earnings and Acquisition of a Premier Power Portfolio May 12, 2025 1 | NRG 1Q25 Earnings Safe Harbor Forward-Looking Statements In addition to historical information, the information presented in this presentation includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act. These statements involve estimates, expectations, projections, goals, assumptions, known and unknown risks and uncertainties ...

Exhibit 99.1 NRG Energy, Inc. Reports First Quarter 2025 Results and Reaffirms 2025 Financial Guidance HOUSTON—May 12, 2025—NRG Energy, Inc. (NYSE: NRG) today reports GAAP Net Income of $750 million for the three months ended March 31, 2025. GAAP EPS — basic is $3.70, Cash Provided by Operating Activities is $855 million, Adjusted Net Income is $531 million, Adjusted EPS is $2.68, Adjusted EBITDA is $1,126 million, and Free Cash Flow before Growth Investments (FCFbG) is $293 million for the first quarter of ...

NRG Energy, Inc. NRG will release earnings results for the first quarter, before the opening bell on Monday, May 12.Analysts expect the Houston-based company to report quarterly earnings at $1.67 per share, up from 90 cents per share in the year-ago period. And, on May 5, Jefferies analyst Julien Dumoulin-Smith maintained NRG Energy with a Buy rating and raised the price target from $113 to $132.With the recent buzz around NRG Energy, some investors may be eyeing potential gains from the company's dividends ...

Moreover, the multi-year upward trend is likely to continue, as the recent financial figures confirm the company's financial health, which also supports its moderate butMr. Mavroudis is a professional portfolio manager specializing in institutional and private portfolios. He focuses on risk management, which is accompanied by in-depth financial market analysis (fundamental, macro and technical) to control the risk undertaken by the portfolios. He invests in all financial instruments globally (stocks, bonds, ...

NRG Energy (NRG) closed at $109.36 in the latest trading session, marking a +0.95% move from the prior day. The stock outperformed the S&P 500, which registered a daily gain of 0.06%. At the same time, the Dow added 0.28%, and the tech-heavy Nasdaq lost 0.1%.Heading into today, shares of the power company had gained 13.79% over the past month, outpacing the Utilities sector's gain of 2.85% and the S&P 500's loss of 4.29% in that time.The investment community will be paying close attention to the earnings pe ...

Group 1 - The Zacks Style Scores are complementary indicators that help investors select stocks with the best chances of outperforming the market over the next 30 days [2] - Each stock is rated from A to F based on value, growth, and momentum characteristics, with A being the highest score indicating a better chance of outperforming [3] - The Value Score focuses on identifying undervalued stocks using various financial ratios such as P/E and Price/Sales [4] Group 2 - The Growth Score evaluates a company's future prospects by analyzing projected and historical earnings, sales, and cash flow [5] - The Momentum Score helps investors capitalize on price trends by assessing recent price changes and earnings estimate revisions [6] - The VGM Score combines all three Style Scores, providing a comprehensive indicator for stock selection [7] Group 3 - The Zacks Rank is a proprietary stock-rating model that uses earnings estimate revisions to facilitate portfolio building [8] - Stocks rated 1 (Strong Buy) have produced an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [8] - There are over 800 top-rated stocks available, making it essential to use Style Scores to identify the best investment opportunities [9] Group 4 - NRG Energy Inc. is engaged in the production, sale, and delivery of energy products and services in the U.S. and has a 3 (Hold) Zacks Rank with a VGM Score of A [11] - NRG has a Value Style Score of B, supported by a forward P/E ratio of 12.79, indicating attractive valuation metrics [12] - The Zacks Consensus Estimate for NRG's earnings has increased to $7.28 per share, with an average earnings surprise of 12.8%, making it a noteworthy investment option [12]

On CNBC's "Mad Money Lightning Round," Jim Cramer said he likes NRG Energy, Inc. NRG, adding that it's a "very good" utility. Lending support to his choice, Goldman Sachs analyst Carly Davenport initiated coverage on NRG Energy with a Buy rating and announced a price target of $129. "You can't own it like you used to, meaning you have to trim, and I said I'm going to have to sell some," Cramer said when asked about NVIDIA Corporation NVDA. "It's a different world." On Tuesday, Nvidia said it would take a $5 ...