NRG
NRG ENERGY, INC.Evidence as of 2026-09-03Overview · NRG ENERGY, INC.
NRG Energy, Inc., together with its subsidiaries, operates as an integrated power company in the United States. It operates through Texas, East, and West segments. The company is involved in producing and selling electricity and related products and services to approximately residential, commercial, industrial, and wholesale customers. It generates electricity using natural gas, coal, oil, solar, nuclear, and battery…
Management team
- Ms. Judith Lagano · Senior Vice President of Asset ManagementFind on LinkedIn
- Ms. Gin Kirkland Kinney · Executive VP & Chief Administrative OfficerFind on LinkedIn
- Mr. Dak Liyanearachchi · Executive VP & CTOFind on LinkedIn
- Mr. Rasesh Patel · Executive VP of Smart Home & President of NRG Consumer and VivintFind on LinkedIn
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Links open LinkedIn searches, not verified profiles. Team data from our market-data vendor's company profile.
Moneyta sentiment
Where the published evidence leans after the desk debated it — not a rating or a recommendation.
−0.1 on a −2 to +2 scale.
What builds the score
Solid bars are analyst rubric scores; faded bars are computed directly from data. Claims dropped in debate count for nothing; weakened claims count at half weight.
Editor's note
Written after the debate settled — the rest of the page is the evidence behind it.
The evidence balance is Mixed (-0.1 of a possible +2; confidence high). Reported revenues fell from $10,256,000,000 in fiscal quarter ended 2026-04-30 to $7,481,000,000 in fiscal quarter ended 2026-07-31, while operating income rose from $328,000,000 to $976,000,000 and net income rose from $125,000,000 to $506,000,000 over the same two quarters. Diluted EPS increased from $0.52 to $2.31 and weighted average diluted shares rose from 208,000,000 to 212,000,000.
On the balance-sheet and valuation side, cash and cash equivalents declined from $4,708,000,000 as of 2025-12-31 to $162,000,000 as of 2026-06-30 while long‑term debt increased from $16,576,000,000 to $23,392,000,000, producing a market capitalization around $23,350,000,000 and an enterprise value that implies a high net‑debt mix. Trailing twelve‑month free cash flow is negative $1,390,000,000 (FCF per share -$6.5566), trailing P/E is 38.31 (EPS ttm $2.90), EV/EBITDA is 13.91 with EBITDA ttm $3,348,000,000, and operating cash flow ttm is negative $645,000,000 while capex ttm is $745,000,000.
How this note was made
every stage ran before the note was writtenAnalyst desk
Mercer, Oakes, Nash, Ellis, Yates, Talbot and Archer. The desk: named AI agents, not people. Each reads one slice of the evidence and nothing else — no outside knowledge, no browsing — so every finding traces to a source you can open.
Reads the XBRL figures companies file with the SEC — revenue, margins, income, debt and share count, quarter by quarter — and reports which way the trend is running.
Reported revenues fell from $10,256,000,000 in fiscal Q1 2026 (2026-01-01 to 2026-03-31, 3mo) to $7,481,000,000 in fiscal Q2 2026 (2026-04-01 to 2026-06-30, 3mo).
XBRL companyfacts · 0001013871-26-000012Operating income increased from $328,000,000 in fiscal Q1 2026 (2026-01-01 to 2026-03-31, 3mo) to $976,000,000 in fiscal Q2 2026 (2026-04-01 to 2026-06-30, 3mo).
XBRL companyfacts · 0001013871-26-000012Reads the filings themselves, above all the year-over-year diff of Item 1A risk factors: which risks a company added, dropped or quietly reworded since its last annual report.
Nothing in this slice of the evidence rose to a claim — a quiet read, which itself is information.
Which filings the desk reads
The desk reads the annual 10-K in full — its risk factors, and how they changed since last year. Quarterly 10-Qs and event filings (8-Ks, insider Form 4s) are listed for context but not read line by line: the 10-K is where the material risk disclosures live. A brand-new company, or one we have only just begun tracking, may have no annual report on file yet — its risk analysis fills in once that lands.
Reads the signal panel above — momentum, volatility, drawdown, relative strength and beta — and ranks each against the whole research universe rather than judging it in isolation.
No computed signal history for this symbol yet — signals need roughly 70 trading days of price history.
Reads which funds hold the name and at what weight, plus insider Form 4 filings, to show the exposure you may already carry through index funds.
As of 2026-09-02T13:45:47.228469+00:00, NRG had a membership weight of 0.05% in the ETF with symbol IVV.
ETF constituents · market dataThe provided ETF membership record for NRG is timestamped 2026-09-02T13:45:47.228469+00:00.
ETF constituents · market dataReads recent headlines that are genuinely about this company, ignoring rating chatter and market-wide stories. Findings argue in the debate but never move the sentiment score.
NRG Business Marketing LLC filed a limited protest with FERC challenging PJM Interconnection’s proposed Reliability Backstop Procurement, including objections to the $555/MW‑day soft cap and participation requirements, as reported on 27 August 2026.
News · simplywall.st · 2026-08-27Two distinct outlets (Yahoo Finance and SimplyWall.St) covered NRG’s FERC/PJM filing and framed it as drawing renewed attention to NRG’s strategy, with Yahoo Finance publishing related pieces on 26 August 2026.
News · finance.yahoo.com · 2026-08-26Reads parsed Forms 3/4/5 — who bought or sold, at what size, and whether a 10b5-1 plan was involved. Flags clustered open-market officer buying; treats plan sales as routine and never counts a fund or 10%-holder as an officer.
No insider transactions on file in the trailing 180 days.
Reads the implied-expectations math built from the company's own filings (the growth rate today's price would justify, and the multiples beside it) and argues whether the market's bar looks high or low for this business. Never turns the math into a target.
The equity price used in this analysis is $111.09 as of 2026-09-02.
Valuation inputs · SEC XBRL + stored EOD closeTrailing twelve-month free cash flow (FCF) is negative $1.39 billion for the period ending 2026-06-30.
Valuation inputs · SEC XBRL + stored EOD closeDebate and risk review
A bull and a bear contest the claims and the chair rules on each; the risk review stress-tests what survived.
A bull and a bear argue the analysts' claims across two rounds, then a chair rules on each one. Only what survives feeds the score — the argument is shown, not hidden, so you can judge the reasoning yourself.
The evidence set shows sharp quarter-over-quarter operational earnings improvement: operating income, net income, and diluted EPS all rose materially from Q1 to Q2 2026 while trailing operating metrics (EBITDA and operating income ttm) are positive. Trailing P/E and EV/EBITDA are in ranges often cited by market analysts, indicating the market is valuing earned profitability and EBITDA generation despite near-term cash-flow headwinds; the dataset also records multiple buy-side analysts maintaining positive ratings. Collectively, these claims support a favorable read that the company’s underlying profitability metrics have strengthened recently even though balance-sheet and cash-flow items require attention. Evidence strength: the profitability claims are point-in-time, company-reported figures (high strength); valuation multiples and EBITDA are derived from the provided trailing metrics (moderate strength); analyst placements are a third-party consensus snapshot (moderate strength).
Chair's verdict, claim by claim
Fragility · computed, not argued
balanced0.45
27 surviving claims rest on 10 distinct sources; the heaviest analyst carries 44% of them, and 98% of what the desk raised survived the debate.
The read has moderate breadth (10 distinct sources) but notable concentration risk: a single analyst contributed nearly half the surviving claims, and almost all desk assertions survived challenge, which raises the chance of correlated error or group-confirmation. In short, the evidence base is informative but fragile — treat strong conclusions cautiously until independent, high-quality sources (or a subsequent filing) corroborate key balance-sheet and cash‑flow items.
Disconfirming evidence · base rates · falsifiers
Context
Outside consensus, and where this name already sits in your own portfolio.
Third-party consensus shown for context. It never enters Moneyta sentiment — when the two diverge, the debate above is where the why lives.
What this was built from
Every figure on this page traces to one of these. The desk reads only what is listed here — no outside knowledge, no browsing — and each card shows who read it and what it contributed to the score.
12 filings· 1 cited
SEC XBRL filings
Quarterly figures as filed with the SEC, read straight from EDGAR's structured data — not retyped or estimated.
Read by Mercer−0.1 to the score
1 holdings record
Fund holdings
Which funds hold this name and at what weight, plus insider Form 4 filings.
Read by Ellis+0.0 to the score
8 headlines· 2 cited
News coverage
Recent headlines about this company, rating chatter excluded and nothing published after the report date.
Read by Yatesnothing survived
1 computation
Valuation inputs
TTM cash-flow figures from the company's own XBRL filings, priced with the stored closing price. Implied growth and multiples only; no fair-value dollar figure reaches the desk, by design.
Read by Archercontext only
1 record· 0 cited
Company profile
Sector, industry and company details.
1 record· 0 cited
Analyst consensus
Third-party consensus, shown for context only — it never enters Moneyta sentiment.
Read means we pulled and handed it to an analyst; cited means a claim on this page points at it. Reading twelve quarters to state one trend is normal — the gap is shown rather than hidden.
Written by AI, checked against sources
The analysts, the bull–bear debate and the editor's note are AI agents reading only the evidence listed on this page. They can misread a filing or a headline, which is why every claim cites a source you can open and check yourself. The sentiment score is arithmetic over the claims that survived the debate, not a language model's opinion.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations. Past patterns do not indicate future results.
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The full terminal on NRG Gold
Who holds it, who's buying, what the Street thinks: live behind the lock, updated as filings land.
Institutional holders
Net institutional flow, Q/Q
Largest holder position
Insider buys, 90 days
Clustered insider value
Street target range
The real figures are for members. Educational analysis, not advice.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations.