Company
NRG Energy, Inc.
Headquarters: Princeton, NJ, United States
Founded: 1992
Employees: 6,635
CEO: Mr. Mauricio Gutierrez
Market Cap
$11.67 Billion
USD as of Jan. 1, 2024
Top Competitors by Market Capitalization
Industry: Utilities—Independent Power Producers
| Company | Market Cap (USD) |
|---|---|
| China Yangtze Power Co. Ltd | $82.16 B |
| China National Nuclear Power Co. Ltd | $21.14 B |
| CGN Power Co. Ltd | $21.12 B |
| Huaneng Power International, Inc. | $15.39 B |
| Vistra Corp. | $13.73 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| NextEra Energy | $127.19 B |
| China Yangtze Power Co. Ltd | $82.16 B |
| Iberdrola, SA | $81.95 B |
| The Southern Company | $78.21 B |
| Duke Energy Corporation | $76.13 B |
Detailed Description
NRG Energy, Inc., together with its subsidiaries, operates as an integrated power company in the United States. It operates through Texas, East, and West. The company is involved in the producing, selling, and delivering electricity and related products and services to approximately 6 million residential, commercial, industrial, and wholesale customers. It generates electricity using natural gas, coal, oil, solar, nuclear, and battery storage. The company also provides system power, distributed generation, renewable products, backup generation, storage and distributed solar, demand response, and energy efficiency, and advisory services, as well as carbon management and specialty services; and on-site energy solutions. In addition, it trades in electric power, natural gas, and related commodities; environmental products; weather products; and financial products, including forwards, futures, options, and swaps. Further, the company procures fuels; provides transportation services; and directly sells energy, services, and products and services to retail customers under the NRG, Reliant, Direct Energy, Green Mountain Energy, Stream, and XOOM Energy. As of December 31, 2021, it owns and leases power generation portfolio with approximately 18,000 megawatts of capacity at 25 plants. NRG Energy, Inc. was founded in 1989 and is headquartered in Houston, Texas.
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Stocks & Indices
NRG Energy, Inc. has the following listings and related stock indices.
Stock: NYSE: NRG wb_incandescent
Stock: Bovespa: N1RG34 wb_incandescent
Stock: FSX: NRA wb_incandescent
Product & Services
Electricity generationElectric power transmissiondistribution
Key People
Founder(s): Seth Allen
Mauricio Gutierrez (President and CEO)
Financials
Revenue: US$9.093 billion (2020)
Operating income: US$1.105 billion (2020)
Net income: US$510 million (2020)