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Jun 30, 2024
NRG Energy Q2 2024 Earnings Report
Reported strong second quarter financial results with increased Net Income and Adjusted EBITDA.
Key Takeaways
NRG Energy, Inc. reported a strong second quarter in 2024, with a Net Income of $738 million and Adjusted EBITDA of $935 million. The company focused on safe and reliable operations, customer experiences, and disciplined execution of strategy and capital allocation plans. NRG reaffirmed its 2024 financial guidance.
Reported Net Income of $738 million and Adjusted EBITDA of $935 million.
Completed preventative maintenance program for ERCOT fleet.
Announced agreement to sell Airtron HVAC business.
Submitted applications to Texas Energy Fund for 1.5 GW of generation capacity.
NRG Energy
NRG Energy
NRG Energy Revenue by Segment
NRG Energy Revenue by Geographic Location
Revenue by Segment
Texas Revenue
CapyFin.comEast Revenue
CapyFin.comWest/Services/Other Revenue
CapyFin.comVivint Smart Home Revenue
CapyFin.comRevenue by Geographic Location
United States Revenue
CapyFin.com Forward Guidance
NRG is reaffirming its Adjusted EBITDA and FCFbG guidance for 2024.
Positive Outlook
- Adjusted EBITDA guidance: $3,300 - $3,550 million
- Cash Provided by Operating Activities guidance: $1,825 - $2,075 million
- FCFbG guidance: $1,825 - $2,075 million
Revenue & Expenses
Visualization of income flow from segment revenue to net income