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

UpdatedJan 12, 2026
DataAggregated Company Financials
Companies5
  • 7D-1.2%
  • 3M-16.7%
  • 1Y12.4%
  • YTDn/a

Over the last 7 days, the Independent Power Producers and Energy Traders industry has dropped 1.2%, driven by a pullback from Talen Energy of 6.2%. This takes the industry's 12 month performance to a gain of 12%. Looking forward, 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
Tue, 13 Jan 2026US$84.4bUS$32.1bUS$2.1b58.7x40.3x2.6x
Thu, 11 Dec 2025US$82.7bUS$32.1bUS$2.1b58.3x39.7x2.6x
Sat, 08 Nov 2025US$91.2bUS$32.1bUS$2.1b67.4x44.2x2.8x
Mon, 06 Oct 2025US$99.7bUS$33.1bUS$3.1b31.2x32.2x3x
Wed, 03 Sep 2025US$91.7bUS$33.1bUS$3.1b28.7x29.6x2.8x
Fri, 01 Aug 2025US$97.3bUS$32.7bUS$3.9b30.2x25x3x
Sun, 29 Jun 2025US$87.4bUS$32.3bUS$4.1b23.8x21.3x2.7x
Tue, 27 May 2025US$71.8bUS$32.3bUS$4.1b19.4x17.5x2.2x
Thu, 24 Apr 2025US$54.3bUS$31.6bUS$5.2b9.3x10.5x1.7x
Sat, 22 Mar 2025US$64.0bUS$31.6bUS$5.2b13.9x12.4x2x
Mon, 17 Feb 2025US$75.2bUS$30.6bUS$4.0b17.8x18.9x2.5x
Wed, 15 Jan 2025US$76.6bUS$30.6bUS$4.0b14.5x19.3x2.5x
Fri, 13 Dec 2024US$70.1bUS$30.6bUS$4.0b17.2x17.6x2.3x
Sun, 10 Nov 2024US$68.5bUS$30.7bUS$3.7b10.9x18.4x2.2x
Tue, 08 Oct 2024US$70.7bUS$28.6bUS$2.1b14.2x34x2.5x
Thu, 05 Sep 2024US$45.0bUS$28.6bUS$2.1b12.4x21.7x1.6x
Sat, 03 Aug 2024US$46.3bUS$28.0bUS$1.7b17x26.8x1.7x
Mon, 01 Jul 2024US$48.9bUS$28.1bUS$1.5b20.6x32.7x1.7x
Wed, 29 May 2024US$57.1bUS$28.1bUS$1.5b23.3x38.2x2x
Fri, 26 Apr 2024US$43.2bUS$29.9bUS$1.7b30.9x25.2x1.4x
Sun, 24 Mar 2024US$40.8bUS$29.9bUS$1.7b28.1x23.7x1.4x
Tue, 20 Feb 2024US$31.6bUS$29.1bUS$1.3b11.8x25.1x1.1x
Thu, 18 Jan 2024US$29.7bUS$29.1bUS$1.3b11.1x23.5x1x
Sat, 16 Dec 2023US$29.9bUS$29.1bUS$1.3b10.5x23.7x1x
Mon, 13 Nov 2023US$26.1bUS$29.3bUS$1.0b10.2x25.1x0.9x
Wed, 11 Oct 2023US$23.6bUS$30.6bUS$1.4b9.7x16.9x0.8x
Fri, 08 Sep 2023US$26.9bUS$30.6bUS$1.4b9.4x19.3x0.9x
Sun, 06 Aug 2023US$27.0bUS$28.5b-US$1,629,000,000.00n/a-16.6x0.9x
Tue, 04 Jul 2023US$23.9bUS$28.6b-US$1,769,000,000.00n/a-13.5x0.8x
Thu, 01 Jun 2023US$22.2bUS$28.0b-US$903,000,000.00n/a-24.5x0.8x
Sat, 29 Apr 2023US$24.9bUS$26.3b-US$1,923,000,000.00n/a-12.9x0.9x
Mon, 27 Mar 2023US$23.8bUS$26.3b-US$1,923,000,000.00n/a-12.4x0.9x
Wed, 22 Feb 2023US$26.1bUS$25.5b-US$663,000,000.00n/a-39.3x1x
Fri, 20 Jan 2023US$26.3bUS$25.5b-US$663,000,000.00n/a-39.7x1x
Price to Earnings Ratio

-39.7x


Total Market Cap: US$26.3bTotal 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 17.1x202420252026
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 40.3x which is higher than its 3-year average PE of 17.0x.
  • The 3-year average PS ratio of 1.7x is lower than the industry's current PS ratio of 2.6x.
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 Market1.24%
Utilities-0.45%
Renewable Energy-1.67%
Independent Power Producers and Energy Traders-1.18%
Renewable Energy-3.00%
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$172.585.9%
+US$3.3b		6.4%PE60.9x
HNRG Hallador EnergyUS$20.294.7%
+US$39.9m		71.5%PS1.9x

Latest News

TLN
US$369.03
Talen Energy
7D
-6.6%
1Y
73.7%

TLN: Data Center Demand And Caithness Deal Will Reshape Earnings Power

Analysts have lifted their blended price target on Talen Energy to about US$557 from roughly US$399, citing updated assumptions that reflect recent price target increases across the Street, the planned closing of the Caithness transaction by late 2025, higher forward power prices in PJM, and growing attention on Talen's role in supporting data center demand. Analyst Commentary Bullish analysts are framing the recent set of price target moves on Talen Energy as a re-marking of the stock to reflect updated deal assumptions, power market inputs in PJM, and rising visibility into data center related demand.
AES
US$14.04
AES
7D
-4.7%
1Y
20.1%
HNRG
US$20.29
Hallador Energy
7D
4.7%
1Y
71.5%
VST
US$172.58
Vistra
7D
5.9%
1Y
6.4%

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

The analyst price target for Vistra has inched higher to approximately $233 per share from about $231, as analysts factor in a slightly lower discount rate, a modestly stronger margin outlook, and supportive sector research highlighting rising power prices and data-center-driven demand for electric utilities. Analyst Commentary Bullish analysts remain constructive on Vistra, highlighting that the combination of rising power prices, data center demand, and improving cash flows supports a premium valuation versus historical levels.