NRG Energy Inc

NRG: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$87.00	Zcmk	Yfrzjqxn

NRG Energy Earnings: Big Boost From Hot Weather in Texas, Good Execution

Travis Miller

Nov 3, 2023

We plan to raise our fair value estimate for NRG Energy by about 5% after it announced impressive third-quarter results and a 2024 outlook that slightly exceeds our forecast. We are reaffirming our no-moat rating and High Morningstar Uncertainty Rating.

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