Edition:
United States

NRG Energy Inc (NRG.N)

NRG.N on New York Stock Exchange

18.16USD
24 Mar 2017
Change (% chg)

$0.02 (+0.11%)
Prev Close
$18.14
Open
$18.15
Day's High
$18.26
Day's Low
$18.10
Volume
1,193,218
Avg. Vol
1,821,969
52-wk High
$18.55
52-wk Low
$9.85

Latest Key Developments (Source: Significant Developments)

NRG Energy CEO Mauricio Gutierrez's fy 2016 total compensation $8.3 mln
Thursday, 16 Mar 2017 04:43pm EDT 

Nrg Energy Inc :Ceo Mauricio Gutierrez's fy 2016 total compensation $8.3 million versus $2.5 million in fy 2015 - SEC filing.  Full Article

NRG Energy qtrly operating revenue $2,819 million
Tuesday, 28 Feb 2017 07:19am EST 

NRG Energy Inc : NRG Energy Inc - reaffirming 2017 adjusted ebitda, cash from operations and Fcfbg guidance . Qtrly net loss $1,055 million versus net loss of $6,358 million last year . NRG Energy Inc - recorded $1.2 billion non-cash asset and goodwill impairment charge in 2016 .NRG Energy Inc - qtrly operating revenue $2,819 million.  Full Article

NRG Yield Inc reports fourth quarter 2016 financial results
Tuesday, 28 Feb 2017 07:00am EST 

NRG Yield Inc : NRG yield Inc reports fourth quarter 2016 financial results, announces agreements with NRG on next drop down and right of first offer pipeline expansion . Qtrly announced 4% quarterly dividend increase to $0.26 per share in Q1 2017 .Continues to target annualized dividend per share growth of 15% through 2018.  Full Article

NRG Energy announces cooperation agreement
Monday, 13 Feb 2017 08:17am EST 

NRG Energy Inc : NRG Energy announces cooperation agreement with Elliott Management and Bluescape Energy Partners . Says funds affiliated with Elliott have economic exposure to an aggregate of approximately 6.9% of co's common stock . NRG Energy - funds affiliated with Bluescape beneficially own an aggregate of 2.5% of company's common stock . NRG Energy Inc - Howard Cosgrove and Edward R. Muller have announced their retirement from NRG board of directors . NRG Energy Inc - Lawrence Coben, a director of company, was named chairman of board as Cosgrove's successor . Says in addition, NRG has formed a five-person ad hoc committee of board - business review committee . NRG Energy Inc - C. John Wilder and Barry Smitherman have been appointed to board . NRG Energy Inc - committee will be chaired by Wilder . NRG Energy Inc - pursuant to cooperation agreements, Elliott and Bluescape have each agreed to customary standstill, voting, and other provisions . NRG Energy - committee will work closely with co to comprehensively review and make specific recommendations to board in four key areas . NRG Energy says key areas include operational and cost excellence initiatives, potential portfolio and/or asset de-consolidations, dispositions and broader strategic initiatives.  Full Article

NRG Energy Inc announces it will reprice its $1.9 billion term loan B due June 2023
Friday, 20 Jan 2017 08:30am EST 

NRG Energy Inc : Nrg Energy Inc - announces it will reprice its $1.9 billion term loan B due June 2023 . NRG Energy Inc says transaction is leverage neutral and enhances free cash flow before growth via annual cash interest savings . NRG Energy Inc says transaction will reduce interest rate margin on term loan by 50 basis points to libor +225 basis points . NRG Energy Inc says expects interest savings over remaining life of loan to total approximately $60 million .NRG Energy Inc says expected interest savings in 2017 are estimated to be approximately $9 million.  Full Article

Nrg Energy to provide operations services for 2 Golden Spread generating stations
Tuesday, 29 Nov 2016 07:00am EST 

Nrg Energy Inc : Press release - Nrg Energy Services announces agreement with Golden Spread Electric Cooperative for third-party operations and maintenance at two electric generating stations . Nrg Energy-as per agreement with Golden Spread, co's unit to provide operations & maintenance services for 2 generating stations owned by Golden Spread .2 golden spread facilities will join with 9 other generating stations serviced by co's unit, representing a 9,200 mw portfolio.  Full Article

NRG Energy posts Q3 earnings of $1.27/share
Friday, 4 Nov 2016 06:42am EDT 

Nrg Energy Inc: NRG Energy reports Q3 net income of $393 million . Qtrly earnings per share $1.27 . NRG Energy Inc Q3 total operating revenue $3,952 million versus $4,434 million in last year . Q3 earnings per share view $0.93, revenue view $4.20 billion -- Thomson Reuters I/B/E/S . Increasing and narrowing 2016 adjusted EBITDA guidance . Initiating 2017 adjusted EBITDA and free cash flow before growth (FCFBG) guidance . Sees 2016 adjusted EBITDA $3,250 - 3,350 million . Sees 2016 free cash flow - before growth investments $1,100 - 1,200 million . Sees 2017 adjusted EBITDA $2,700 - $2,900 million .Sees 2017 free cash flow - before growth investments $800 - $1,000 million.  Full Article

NRG Energy announces cash tender offer for its outstanding 7.625 pct senior notes due 2018
Tuesday, 4 Oct 2016 08:00am EDT 

NRG Energy Inc : Announces cash tender offer for its outstanding 7.625 percent senior notes due 2018 and partial redemption of its outstanding 7.875 percent senior notes due 2021 . Redemption price for 2021 notes will be 103.938 percent of principal amount of 2021 notes, plus accrued and unpaid interest to redemption date . Commenced tender offer to purchase its 7.625 percent senior notes due 2018 for aggregate cash consideration of up to $200.0 million .Says tender offer and redemption will be financed with cash on hand.  Full Article

NRG Energy Q2 loss per share $0.61
Tuesday, 9 Aug 2016 06:18am EDT 

Nrg Energy Inc : NRG Energy Inc reports second quarter results and reaffirms 2016 guidance . Qtrly loss per share $0.61 . Q2 total operating revenue $2.64 billion versus $3.40 billion last year .Q2 earnings per share view $0.20, revenue view $3.43 billion -- Thomson Reuters I/B/E/S.  Full Article

NRG Energy upsizes and prices senior notes offering
Tuesday, 19 Jul 2016 05:25pm EDT 

Nrg Energy Inc : Priced its offering of $1,250 million in aggregate principal amount of 6.625% senior notes due 2027 . Has priced its offering of $1,250 million in aggregate principal amount of notes, an increase of $250 million over amount previously announced . NRG Energy Inc upsizes and prices senior notes offering .New notes mature on January 15, 2027.  Full Article

More From Around the Web

BRIEF-NRG Energy CEO Mauricio Gutierrez's fy 2016 total compensation $8.3 mln

* Ceo Mauricio Gutierrez's fy 2016 total compensation $8.3 million versus $2.5 million in fy 2015 - SEC filing Source text for Eikon: Further company coverage: