NYSE$NRG

NRG Energy Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

NRG Energy reported full year results and maintained 2021 guidance.

NRG Energy reported full year 2020 income from continuing operations of $510 million. The company is focused on aiding Texas communities and performing a root-cause analysis of the February 2021 extreme weather event. NRG is maintaining its Adjusted EBITDA, Adjusted Cash from Operations and Free Cash Flow before Growth Investments (FCFbG) guidance for 2021.

  • Closed Direct Energy acquisition on January 5, 2021.
  • Closed on sale of Agua Caliente on February 3, 2021.
  • Announced sale of 4.8GW of fossil generation assets.
  • Maintaining 2021 guidance.

Headline financials

Total Revenue

$2.03B

Previous: $2.21B-8.4%
EPS (adj)

-$0.70

Previous: $1.73-140.5%
Adjusted EBITDA

$330M

Previous: $384M-14.1%
Capital Expenditures

$63M

Previous: $45M+40.0%
Free Cash Flow

$387M

Previous: $575M-32.7%
Net Income

$510M

Previous: $3.46B-85.3%
Operating Income

$1.11B

Previous: $3.46B-68.1%
Gross Profit

$412M

Previous: $541M-23.8%
Cash & Equivalents

$3.91B

Previous: $345M+1031.9%
Total Assets

$14.9B

Previous: $12.5B+18.9%
Stock-Based Comp

$5M

Previous: $5M+0.0%

Revenue & EPS history

NRG Energy · Revenue · Quarterly

$2.03B

Q4 2020-8.4%vs Q4 2019
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

NRG Energy · $1.38B total across 1 segment · Q4 2020

  • Texas
    $1.38B

Forward guidance

NRG is maintaining its Adjusted EBITDA, Adjusted Cash from Operations and Free Cash Flow before Growth Investments (FCFbG) guidance for 2021.

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 2020

Historical avgQ4 2020

+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%

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