NYSE$NRG

NRG Energy Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

NRG Energy reported stable financial and operational results driven by its integrated platform.

NRG Energy reported full year 2019 income from continuing operations of $4.1 billion, or $16.81 per diluted common share. Adjusted EBITDA for the full year 2019 was $2.0 billion, cash from continuing operations was $1.4 billion and FCFbG was $1.2 billion.

  • Completed $250 million share repurchase authorization, announced on the Q2 2019 call; $1.6 billion completed since January 1, 2019
  • Achieved 2019 Transformation Plan cost savings target of $590 million and working capital target of $370 million, and delivered margin enhancement of $135 million
  • Initiated and paid increased quarterly dividend of $0.30 per share, representing $1.20 on an annualized basis
  • The strength of our business model provides the financial flexibility to continue perfecting our platform while consistently returning significant capital to our shareholders.

Headline financials

Total Revenue

$2.21B

Previous: $1.68B+31.6%
EPS (adj)

$1.73

Previous: -$0.42+511.9%
Adjusted EBITDA

$384M

Previous: $273M+40.7%
Capital Expenditures

$45M

Previous: $43M+4.7%
Free Cash Flow

$575M

Previous: $252M+128.2%
Net Income

$3.46B

Previous: -$12M+28958.3%
Operating Income

$3.46B

Previous: $1M+346200.0%
Gross Profit

$541M

Previous: $305M+77.4%
Cash & Equivalents

$345M

Previous: $563M-38.7%
Total Assets

$12.5B

Previous: $10.6B+17.9%
Stock-Based Comp

$5M

Previous: -$11M+145.5%

Revenue & EPS history

NRG Energy · Revenue · Quarterly

$2.21B

Q4 2019+31.6%vs Q4 2018
Beat estimate in 7 of 16 quarters(44%)
ActualEstimate

Revenue by segment

NRG Energy · $6.56B total across 2 segments · Q3 2023

  • Texas
    $3.69B+17.2%
  • East
    $2.88B

Forward guidance

NRG is reaffirming its guidance range for 2020 with respect to Adjusted EBITDA, Adjusted Cash From Operations and Free Cash Flow before Growth Investments (FCFbG).

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

+0.6%

Avg return

Earnings day

+2.2%

Avg return

5 days after

+2.3%

Avg return

30 days after

44%

32 / 72 earnings

Positive

+26.3%

Q1 2025

Best reaction

-10.1%

Q1 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-4.3%-13.0%-17.9%
Q4 2025-1.6%+1.4%-17.2%
Q3 2025-2.3%-6.0%-5.9%
Q1 2025+26.3%+33.4%+24.9%
Q4 2024+10.6%-2.1%-7.1%
Q3 2024-2.2%-4.1%+3.0%
Q2 2024+11.4%+13.6%+6.2%
Q1 2024-2.7%+7.4%-0.1%
Q4 2023+2.4%+6.8%+25.3%
Q3 2023+2.6%+3.6%+10.3%
Q2 2023-0.8%-2.3%+2.2%
Q1 2023-6.5%-6.4%-0.4%
Q4 2022-4.5%-4.9%-12.1%
Q3 2022-0.2%+2.4%-25.3%
Q2 2022+2.9%+2.6%+11.0%
Q1 2022+9.9%+10.8%+20.6%
Q4 2021+3.1%-0.8%+0.5%
Q3 2021-9.3%-12.8%-8.6%
Q2 2021+5.2%+3.4%+8.8%
Q1 2021-0.5%-0.7%-3.0%
Q4 2020+7.6%+9.1%+3.3%
Q3 2020-4.5%-0.3%+5.5%
Q2 2020+2.1%+4.0%-0.5%
Q1 2020-0.0%-2.2%+12.0%
Q4 2019-5.2%-5.0%-15.7%
Q3 2019-2.9%-2.1%-2.8%
Q2 2019+3.5%+0.0%+11.2%
Q1 2019-2.7%-4.7%-16.1%
Q4 2018+2.9%+1.8%+3.6%
Q3 2018-0.3%+2.6%+5.5%
Q2 2018+2.2%+7.2%+10.9%
Q1 2018+9.3%+11.2%+11.3%
Q4 2017+7.8%+13.0%+18.1%
Q3 2017+11.2%+14.4%+12.5%
Q2 2017-0.1%-0.9%+1.4%
Q1 2017-10.1%-9.8%+0.5%
Q4 2016+0.5%+3.2%+9.5%
Q3 2016+12.3%+18.8%+11.0%
Q2 2016-5.7%-5.9%-8.1%
Q1 2016+6.2%
Q4 2015+1.6%
Q3 2015+0.7%
Q2 2015-10.1%
Q1 2015+4.1%
Q4 2014-5.6%
Q3 2014+9.0%
Q2 2014-1.6%
Q1 2014+3.9%
Q4 2013-0.2%
Q3 2013-2.8%
Q2 2013-3.5%
Q1 2013-1.5%
Q4 2012+0.7%
Q3 2012-2.6%
Q2 2012+6.9%
Q1 2012-6.9%
Q4 2010-2.8%
Q4 2011-2.8%
Q3 2011+2.5%
Q2 2011-6.3%
Q1 2011-0.9%
Q4 2007-5.2%
Q3 2010+0.3%
Q2 2010-2.2%
Q1 2009-3.0%
Q1 2010+1.8%
Q4 2009-5.2%
Q3 2008+1.3%
Q3 2009+1.3%
Q2 2008-1.2%
Q4 2008-1.2%
Q2 2009-1.2%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro