NRG Energy, Inc.

NYSE:NRG Stock Report

Market Cap: US$18.8b

NRG Energy Management

Management criteria checks 4/4

NRG Energy's CEO is Larry Coben, appointed in Nov 2023, has a tenure of 1.08 years. total yearly compensation is $12.50M, comprised of 0.08% salary and 99.9% bonuses, including company stock and options. directly owns 0.097% of the company’s shares, worth $18.20M. The average tenure of the management team and the board of directors is 2.9 years and 5.2 years respectively.

Key information

Larry Coben

Chief executive officer

US$12.5m

Total compensation

CEO salary percentage0.08%
CEO tenure1.1yrs
CEO ownership0.1%
Management average tenure2.9yrs
Board average tenure5.2yrs

Recent management updates

Recent updates

NRG Energy, Inc. (NYSE:NRG) Doing What It Can To Lift Shares

Dec 24
NRG Energy, Inc. (NYSE:NRG) Doing What It Can To Lift Shares

NRG Energy: Electrifying Growth, But Overvalued

Dec 18

NRG Energy (NYSE:NRG) Has A Somewhat Strained Balance Sheet

Dec 03
NRG Energy (NYSE:NRG) Has A Somewhat Strained Balance Sheet

NRG Energy: I'm Buying The Growth In Texas And Beyond

Nov 09

Is Now An Opportune Moment To Examine NRG Energy, Inc. (NYSE:NRG)?

Sep 09
Is Now An Opportune Moment To Examine NRG Energy, Inc. (NYSE:NRG)?

NRG Energy: Decent Valuation To Add This Strong Utility Player In Your Portfolio

Sep 04

NRG: Darkhorse AI Energy Play

Aug 27

Is NRG Energy, Inc. (NYSE:NRG) Expensive For A Reason? A Look At Its Intrinsic Value

Aug 05
Is NRG Energy, Inc. (NYSE:NRG) Expensive For A Reason? A Look At Its Intrinsic Value

It's A Story Of Risk Vs Reward With NRG Energy, Inc. (NYSE:NRG)

Jul 15
It's A Story Of Risk Vs Reward With NRG Energy, Inc. (NYSE:NRG)

Is It Too Late To Consider Buying NRG Energy, Inc. (NYSE:NRG)?

May 22
Is It Too Late To Consider Buying NRG Energy, Inc. (NYSE:NRG)?

NRG Energy: Fundamentals Remain Strong, Staying With The Buy Rating Despite Recent Rally

May 16

A Piece Of The Puzzle Missing From NRG Energy, Inc.'s (NYSE:NRG) 28% Share Price Climb

Mar 20
A Piece Of The Puzzle Missing From NRG Energy, Inc.'s (NYSE:NRG) 28% Share Price Climb

NRG Energy, Inc. - Changes Within Has Been Quick And Impressive

Feb 14

Health Check: How Prudently Does NRG Energy (NYSE:NRG) Use Debt?

Feb 09
Health Check: How Prudently Does NRG Energy (NYSE:NRG) Use Debt?

NRG Energy: Well-Positioned For Long-Term Growth

Feb 06

Market Cool On NRG Energy, Inc.'s (NYSE:NRG) Revenues

Jan 05
Market Cool On NRG Energy, Inc.'s (NYSE:NRG) Revenues

Lights Still On At NRG Energy, Rated Hold As Earnings Overshadowed By Share Price

Nov 20

NRG Energy: Vivint Now A Major Contributor, Eyeing Further Upsides From Here

Sep 11

NRG: Go Back To The Basics To Deliver Returns

Jul 04

NRG Energy's Analyst Day Underlines Its Commitment To Controversial 'All In' Retail Model

Jun 23

NRG Energy - Seeking Identity

Jun 05

NRG Energy GAAP EPS of $5.17, revenue of $31.54B, reaffirms FY Adjusted EBITDA guidance

Feb 16

NRG Energy dividend declines by 7.3% to $0.35

Jan 20

CEO Compensation Analysis

How has Larry Coben's remuneration changed compared to NRG Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$897m

Jun 30 2024n/an/a

US$2b

Mar 31 2024n/an/a

US$2b

Dec 31 2023US$12mUS$10k

-US$256m

Sep 30 2023n/an/a

-US$2b

Jun 30 2023n/an/a

-US$2b

Mar 31 2023n/an/a

-US$2b

Dec 31 2022US$479kn/a

US$1b

Sep 30 2022n/an/a

US$2b

Jun 30 2022n/an/a

US$3b

Mar 31 2022n/an/a

US$4b

Dec 31 2021US$467kn/a

US$2b

Sep 30 2021n/an/a

US$2b

Jun 30 2021n/an/a

US$1b

Mar 31 2021n/an/a

US$307m

Dec 31 2020US$525kn/a

US$510m

Sep 30 2020n/an/a

US$4b

Jun 30 2020n/an/a

US$4b

Mar 31 2020n/an/a

US$4b

Dec 31 2019US$473kn/a

US$4b

Sep 30 2019n/an/a

US$564m

Jun 30 2019n/an/a

US$455m

Mar 31 2019n/an/a

US$270m

Dec 31 2018US$472kn/a

US$460m

Sep 30 2018n/an/a

-US$788m

Jun 30 2018n/an/a

-US$860m

Mar 31 2018n/an/a

-US$748m

Dec 31 2017US$437kn/a

-US$1b

Compensation vs Market: Larry's total compensation ($USD12.50M) is about average for companies of similar size in the US market ($USD12.85M).

Compensation vs Earnings: Larry's compensation has been consistent with company performance over the past year.

CEO

Larry Coben (65 yo)

1.1yrs

Tenure

US$12,495,838

Compensation

Dr. Lawrence Stephen Coben, also known as Larry, Ph. D. is Chairman at NRG Energy, Inc. since November 17, 2023 and is its President and Chief Executive Officer since August 2024. He served as Interim Chie...

Leadership Team

NamePositionTenureCompensationOwnership
Lawrence Coben
President1.1yrsUS$12.50m0.097%
$ 18.2m
Woo-Sung Chung
EVP & CFO1.5yrsUS$5.05m0.025%
$ 4.7m
Elizabeth Killinger
Advisor8.8yrsUS$3.91m0.053%
$ 10.0m
Robert Gaudette
Executive Vice President of NRG Business11yrsUS$3.82m0.052%
$ 9.8m
Rasesh Patel
Executive VP of Smart Home & President of NRG Consumer and Vivint1.8yrsUS$5.51m0.081%
$ 15.2m
Gerald Spencer
Senior VP & Chief Accounting Officerless than a yearno datano data
Dak Liyanearachchi
Senior Vice President of Data & Technology2.9yrsno datano data
Kevin Cole
Senior Vice President of Investor Relations8.9yrsno datano data
Brian Curci
Executive VP of Legal & General Counsel6.8yrsUS$2.03m0.047%
$ 8.8m
Gin Kinney
Senior Vice President of Marketing2.9yrsno datano data
Judith Lagano
Senior Vice President of Asset Management9.4yrsno datano data
Christopher Moser
Executive VP and Head of Competitive Markets & Policy2.7yrsUS$2.11m0.083%
$ 15.6m

2.9yrs

Average Tenure

51yo

Average Age

Experienced Management: NRG's management team is considered experienced (2.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Lawrence Coben
President21yrsUS$12.50m0.097%
$ 18.2m
Alexander Pourbaix
Independent Director1.1yrsUS$234.33kno data
Marwan Fawaz
Independent Director1.1yrsUS$234.35kno data
Marcie Zlotnik
Independent Director1.1yrsUS$234.35kno data
E. Abraham
Independent Director12yrsUS$309.02k0.0033%
$ 621.9k
Alexandra D. Pruner
Independent Director5.2yrsUS$309.02k0.000040%
$ 7.5k
Kevin Howell
Independent Director1.1yrsUS$2.21m0.049%
$ 9.3m
Elisabeth Donohue
Independent Director4.2yrsUS$309.06k0.0010%
$ 196.0k
Matthew Carter
Independent Director6.8yrsUS$289.01kno data
Antonio Carrillo
Independent Director5.2yrsUS$289.01k0.011%
$ 2.1m
Heather M. Cox
Independent Director6.8yrsUS$309.02k0.0041%
$ 765.1k

5.2yrs

Average Tenure

61yo

Average Age

Experienced Board: NRG's board of directors are considered experienced (5.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 12:01
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

NRG Energy, Inc. is covered by 26 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Daniel FordBarclays
James ThalackerBMO Capital Markets Equity Research
Julien Dumoulin-SmithBofA Global Research