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U.S. Independent Power Producers and Energy Traders Industry Analysis

UpdatedJan 04, 2026
DataAggregated Company Financials
Companies5
  • 7D2.8%
  • 3M-13.3%
  • 1Y14.3%
  • YTDn/a

In the last week, the Independent Power Producers and Energy Traders industry is up 2.8%, with all of the companies up. In the last 12 months, the industry was up 14%. Earnings are forecast to grow by 27% annually.

Industry Valuation and Performance

Has the U.S. Independent Power Producers and Energy Traders Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 05 Jan 2026US$85.5bUS$32.1bUS$2.1b58.3x40.9x2.7x
Wed, 03 Dec 2025US$86.1bUS$32.1bUS$2.1b60.9x41.3x2.7x
Fri, 31 Oct 2025US$96.9bUS$33.1bUS$3.1b29.3x31.3x2.9x
Sun, 28 Sep 2025US$99.3bUS$33.1bUS$3.1b32x32x3x
Tue, 26 Aug 2025US$91.0bUS$33.1bUS$3.1b29.3x29.4x2.7x
Thu, 24 Jul 2025US$88.9bUS$32.7bUS$3.9b27.1x22.9x2.7x
Sat, 21 Jun 2025US$82.2bUS$32.3bUS$4.1b23.1x20x2.5x
Mon, 19 May 2025US$73.0bUS$32.3bUS$4.1b19.6x17.8x2.3x
Wed, 16 Apr 2025US$54.8bUS$31.6bUS$5.2b9.3x10.6x1.7x
Fri, 14 Mar 2025US$58.9bUS$31.6bUS$5.2b12.6x11.4x1.9x
Sun, 09 Feb 2025US$75.3bUS$30.6bUS$4.0b17.8x18.9x2.5x
Tue, 07 Jan 2025US$75.6bUS$30.6bUS$4.0b17.3x19x2.5x
Thu, 05 Dec 2024US$72.5bUS$30.6bUS$4.0b18.9x18.3x2.4x
Sat, 02 Nov 2024US$63.9bUS$28.5bUS$2.4b10.7x27.1x2.2x
Mon, 30 Sep 2024US$64.0bUS$28.6bUS$2.1b16.2x30.8x2.2x
Wed, 28 Aug 2024US$49.3bUS$28.6bUS$2.1b12.8x23.7x1.7x
Fri, 26 Jul 2024US$44.6bUS$28.1bUS$1.5b20.2x29.8x1.6x
Sun, 23 Jun 2024US$50.3bUS$28.1bUS$1.5b21.9x33.6x1.8x
Tue, 21 May 2024US$54.2bUS$28.1bUS$1.5b22.9x36.2x1.9x
Thu, 18 Apr 2024US$40.9bUS$29.9bUS$1.7b29.3x23.8x1.4x
Sat, 16 Mar 2024US$37.7bUS$29.9bUS$2.2b16x17.2x1.3x
Mon, 12 Feb 2024US$30.4bUS$29.1bUS$1.3b11.8x24.1x1x
Wed, 10 Jan 2024US$30.5bUS$29.1bUS$1.3b11.1x24.2x1x
Fri, 08 Dec 2023US$28.4bUS$29.1bUS$1.3b10.4x22.6x1x
Sun, 05 Nov 2023US$27.2bUS$30.4bUS$1.2b9.9x22.6x0.9x
Tue, 03 Oct 2023US$25.5bUS$30.6bUS$1.4b9.9x18.3x0.8x
Thu, 31 Aug 2023US$27.0bUS$30.6bUS$1.4b9.1x19.3x0.9x
Sat, 29 Jul 2023US$27.9bUS$28.6b-US$1,769,000,000.00n/a-15.8x1x
Mon, 26 Jun 2023US$23.1bUS$28.6b-US$1,769,000,000.00n/a-13x0.8x
Wed, 24 May 2023US$23.1bUS$28.0b-US$903,000,000.00n/a-25.5x0.8x
Fri, 21 Apr 2023US$25.0bUS$26.3b-US$1,923,000,000.00n/a-13x0.9x
Sun, 19 Mar 2023US$24.5bUS$26.3b-US$1,923,000,000.00n/a-12.7x0.9x
Tue, 14 Feb 2023US$26.8bUS$25.5b-US$663,000,000.00n/a-40.4x1.1x
Thu, 12 Jan 2023US$27.6bUS$25.5b-US$663,000,000.00n/a-41.6x1.1x
Price to Earnings Ratio

-41.6x


Total Market Cap: US$27.6bTotal Earnings: -US$663,000,000.00Total Revenue: US$25.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Independent Power Producers and Energy Traders Industry Price to Earnings3Y Average 16.5x202420252026
Current Industry PE
  • Investors are optimistic on the American Independent Power Producers and Energy Traders industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 40.9x which is higher than its 3-year average PE of 16.4x.
  • The 3-year average PS ratio of 1.7x is lower than the industry's current PS ratio of 2.7x.
Past Earnings Growth
  • Total earnings for the Independent Power Producers and Energy Traders industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 8.0% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Comparison

How does U.S. Independent Power Producers and Energy Traders compare with similar industries?

US Market-0.99%
Utilities0.87%
Renewable Energy2.71%
Independent Power Producers and Energy Traders2.76%
Renewable Energy2.56%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
VST VistraUS$165.232.2%
+US$1.2b		1.8%PE58.3x
TLN Talen EnergyUS$396.733.2%
+US$557.8m		84.0%PE80.2x
AES AESUS$14.825.3%
+US$534.1m		12.0%PE9.8x
HNRG Hallador EnergyUS$19.360.2%
+US$1.8m		64.9%PS1.8x

Latest News

HNRG
US$19.36
Hallador Energy
7D
0.2%
1Y
64.9%

Hallador Energy (NASDAQ:HNRG) Is Investing Its Capital With Increasing Efficiency

Dec 21
Hallador Energy (NASDAQ:HNRG) Is Investing Its Capital With Increasing Efficiency
AES
US$14.82
AES
7D
5.3%
1Y
12.0%

AES: Data Center Power Demand Will Drive Upside Under Pending GIP Deal

Analysts have nudged their price target for AES higher to $24 from $23, reflecting a modest increase in fair value estimates supported by expectations for improved profit margins and growing opportunities tied to data center driven demand for utilities. Analyst Commentary Bullish analysts are pointing to a more constructive outlook for AES as they incorporate improving fundamentals and a clearer growth runway into their valuation models.
TLN
US$396.73
Talen Energy
7D
3.2%
1Y
84.0%

TLN: Future Data Center Demand And PJM Pricing Will Drive Balanced Outlook

Analysts have lifted their price target for Talen Energy by $24 to reflect stronger forward power prices in PJM, the expected closing of the Caithness transaction, and growing conviction in the company’s margin resilience and data center driven growth. Analyst Commentary Recent Street research on Talen Energy has been broadly constructive, with multiple price target increases reflecting higher forward power prices in PJM, the anticipated completion of the Caithness transaction, and rising conviction in data center driven growth.
VST
US$165.23
Vistra
7D
2.2%
1Y
1.8%

VST: Data Center Power Demand Will Drive Long-Term Cash Flow Upside

Analysts have raised their fair value estimate for Vistra to $288 from $232 per share. This reflects higher projected revenue growth and profit margins driven by accelerating data center power demand, robust pricing for thermal IPPs, and a series of supportive Overweight and Buy initiations and price target increases across the Street.