NRG Energy Stock Sinks To 52-Week Low - Here's Why
NRG Energy Inc. (NYSE: NRG ) stock traded lower Tuesday after the power and smart-home company reported second-quarter 2026 adjusted earnings below expectations, despite stronger-than-expected revenue and reaffirmed full-year guidance. Adjusted EPS of $1.49 missed the $1.72 estimate, while revenue rose 11% to $7.481 billion and beat the $7.312 billion estimate. Earnings And One-Time Impacts GAAP net income was $506 million, or $2.32 per basic share, compared with a $104 million loss, or 62 cents per share, a year earlier. Adjusted net income declined to $315 million from $339 million, while adjusted EBITDA rose 34% to $1.217 billion. GAAP results benefited from the LS Power portfolio acquisition, higher realized East capacity prices, and unrealized, noncash gains on economic hedges. Mild weather and higher supply costs partly offset those gains. Adjusted earnings reflected higher inte...
NRG Energy Inc. (NYSE: NRG ) stock traded lower Tuesday after the power and smart-home company reported second-quarter 2026 adjusted earnings below expectations, despite stronger-than-expected revenue and reaffirmed full-year guidance. 312 billion estimate. 32 per basic share, compared with a $104 million loss, or 62 cents per share, a year earlier.
217 billion. GAAP results benefited from the LS Power portfolio acquisition, higher realized East capacity prices, and unrealized, noncash gains on economic hedges. Mild weather and higher supply costs partly offset those gains. Adjusted earnings reflected higher interest expense and depreciation and amortization related to the LS Power acquisition.
Segment Performance Texas adjusted EBITDA fell 26% to $381 million on higher supply costs, mild weather, and increased expenses for new generation assets. East adjusted EBITDA rose to $469 million from $99 million, driven by acquired assets, CPower, and higher capacity prices, partly offset by Winter Storm Fern costs and lower gas margins. Vivint Smart Home adjusted EBITDA increased 16% to $301 million, while West/Other rose to $66 million from $39 million. 025 billion from $914 million.
256 billion in debt and finance leases. H. Wharton facility began commercial operations, while two additional Texas Energy Fund projects remain on time and on budget for mid-2028 completion. 2-gigawatt Texas project with a global cloud and AI hyperscaler.
2 billion facility targets late-2029 operations and about $500 million in annual adjusted EBITDA. 23 estimate. 3 billion. The company plans $1 billion in share repurchases and about $407 million in common dividends during 2026.
42 at the time of publication on Tuesday. The stock is trading at a 52-week low, according to Pro data. Photo via Shutterstock Read Also: Southern Stock Slips After Revenue Miss Overshadows Earnings Beat