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Jun 30, 2022

NRG Energy Q2 2022 Earnings Report

NRG Energy reported second quarter 2022 results.

Key Takeaways

NRG Energy, Inc. reported a second quarter 2022 Net Income of $513 million, or $2.16 per diluted common share, and Adjusted EBITDA for the second quarter of $358 million.

Received $689 million Winter Storm Uri Securitization

Published 12th annual Sustainability Report

Executing $1 billion share repurchase program; $595 million remaining to be completed

Maintaining 2022 Adjusted EBITDA and FCFbG guidance

Total Revenue
$7.28B
Previous year: $5.24B
+38.9%
EPS
$2.16
Previous year: $4.4
-50.9%
Adjusted EBITDA
$358M
Previous year: $656M
-45.4%
Gross Profit
$1.4B
Previous year: $2.29B
-39.0%
Cash and Equivalents
$580M
Previous year: $361M
+60.7%
Free Cash Flow
$1.42B
Previous year: $1.21B
+17.2%
Total Assets
$34.3B
Previous year: $21.6B
+58.8%

NRG Energy

NRG Energy

Forward Guidance

NRG is maintaining its Adjusted EBITDA and FCFbG guidance for 2022.