Nrg Energy Inc. - NRG STOCK NEWS

NRG Energy, Inc. (NYSE: NRG) is set to release its First Quarter 2022 financial results on May 6, 2022, at 9:00 a.m. EST. Management will conduct a conference call and webcast to present the results. Interested parties can access the live webcast through NRG's website. NRG is a Fortune 500 company, providing energy solutions and natural gas to millions in the U.S. and Canada, focusing on customer-centric services and sustainable energy solutions.

Malta Inc., a leader in long-duration energy storage (LDES), has appointed Alexandra Pruner as Board Chair, marking a significant milestone as the only LDES company with women in both CEO and Board Chair roles. Pruner, a veteran in energy and finance, aims to accelerate Malta's commercial deployments in a sector witnessing rapid growth due to rising energy storage demands. Under her leadership, Malta's board will consist of a majority of women, reinforcing its commitment to diversity and effective energy solutions.

NRG Energy, Inc. (NYSE: NRG) has declared a quarterly dividend of $0.35 per share, representing an annualized amount of $1.40. This dividend is set to be paid on May 16, 2022 to stockholders on record as of May 2, 2022. NRG operates as a Fortune 500 company, offering electricity and energy solutions across the United States and Canada, while focusing on customer-centered service and sustainable energy practices.

NRG Energy reported a 2021 net income of $2.2 billion, equating to $8.93 per share, with adjusted EBITDA at $2.4 billion. Despite a fourth-quarter net loss of $427 million, the company reduced Winter Storm Uri's financial impact to $380 million. In December 2021, NRG closed a significant 4.8 GW asset sale, leading to a $500 million debt reduction. NRG is pursuing a $1 billion share repurchase program in 2022 and maintains its guidance for adjusted EBITDA and free cash flow, reflecting ongoing strategic prioritization and operational integration.

NRG Energy (NYSE:NRG) is set to report its Full Year and Fourth Quarter 2021 financial results on February 24, 2022, during a conference call at 9:00 a.m. EST. Investors can access the live webcast through NRG's website, where the presentation materials will also be available. This announcement showcases NRG’s commitment to transparency and engagement with its shareholders. NRG Energy aims to provide innovative energy solutions while operating as a leading electricity provider in the U.S. and Canada.

The Retail Energy Advancement League (REAL) has appointed Christopher Ercoli as President and CEO to spearhead advocacy for modernizing retail energy markets. Ercoli's prior experience includes leading policy initiatives at Brookfield Renewable and working with Tesla on energy markets. The organization aims to provide consumers with energy choice, reducing reliance on monopoly suppliers, and promoting clean energy goals. REAL's founding members include NRG Energy and Vistra. This coalition seeks to empower consumers in their energy decisions.

NRG Energy, Inc. (NYSE: NRG) announced a quarterly dividend of $0.35 per share, reflecting an 8% increase from the previous year, aligned with its annual growth target of 7-9%. The dividend will be paid on February 15, 2022 to shareholders on record as of February 1, 2022. This initiative underscores NRG's commitment to enhancing shareholder value through consistent dividend growth.

NRG Energy celebrated its fourteenth annual positiveNRG week, engaging over 500 employees across 20 states to combat food insecurity. From November 8-12, employees contributed over 1,600 hours, donating more than 100,000 pounds of food and preparing over 74,000 meals for local communities. Partnering with organizations like Houston Food Bank and United Way, NRG's initiative addresses the heightened need for food assistance, particularly post-pandemic.