NRG Energy Inc
NRG: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$26.00 | Jdslg | Pnyszqc |
NRG Energy: Texas Regulators Approve New Generation Proposal; Stock Still Rich
We are reaffirming our $43 per share fair value estimate for NRG Energy after Texas regulators announced that it is a finalist to receive a state-backed loan to help finance new natural gas generation as part of the $5 billion Texas Energy Fund program. We are also reaffirming our no-moat rating and High Morningstar Uncertainty Rating.