--- title: "NRG NRG Energy" canonical: "https://supercyclehq.com/stock/nrg-energy" type: "stock" dataAsOf: "2026-11-06" ticker: "NRG" license: "Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset." disclaimer: "Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI." --- # NRG Energy (NRG) NRG Energy is a merchant power producer and retail electricity provider. ## AI Exposure Score **40/100, Growing.** NRG sells merchant power and retail electricity, having doubled its generation fleet with LS Power's gas assets as data center load tightens Texas and PJM markets. Exposure hinges on AI demand lifting power prices and landing large data center supply deals. ## Quote | Field | Value | | --- | --- | | Price (EOD close) | $88.29 | | Change 1d | +9.61% | | Change 7d | -7.63% | | Change 30d | -16.55% | | Change 1y | -48.06% | | 52-week high | $181.92 | | 52-week low | $80.55 | | Market cap | $18.6B | | P/E | 23.11 | | EPS | $3.82 | | Next earnings | 2026-11-09 | Quote as of 2026-11-06. ## Company | Field | Value | | --- | --- | | Exchange | NYSE | | Sector | Utilities | | Headquarters | Houston, Texas | | CEO | Robert J. Gaudette | | Employees | 16,702 | | Website | https://www.nrg.com | | Buildout layers | [Power & Energy](https://supercyclehq.com/category/power-energy) | ## What the company does NRG Energy is a merchant power producer and retail electricity provider. It generates power and sells it into wholesale markets, and it supplies electricity and energy services directly to homes and businesses. Its position in the AI story is about supply meeting new demand. NRG doubled its generation fleet by acquiring LS Power's gas assets just as data center construction tightens electricity markets in Texas and PJM territory. Merchant gas power and retail energy are the products; surging data center load is the new customer. Founded in 1989 and headquartered in Houston, Texas, NRG trades on the NYSE and employs about 16,700 people under CEO Robert J. Gaudette. ## Role in the AI buildout NRG sits in the Power & Energy layer of the buildout. AI data centers need firm, around-the-clock electricity, and NRG's expanded merchant gas fleet sells into exactly the markets, Texas and PJM, where that load is growing fastest. Its exposure hinges on AI demand lifting power prices and on landing large data center supply deals, layered on a conventional power and retail energy business. Supercycle scores it 40 out of 100. ## Tracked investors holding it (13F) | Investor | Fund | Position value | Portfolio % | Change | Period | | --- | --- | --- | --- | --- | --- | | [David Tepper](https://supercyclehq.com/investors/david-tepper) | Appaloosa Management | $257.1M | 3.44% | increased | 2026-06-30 | | [Ray Dalio](https://supercyclehq.com/investors/ray-dalio) | Bridgewater Associates | $40.6M | 0.17% | trimmed | 2026-06-30 | ## Recent news - [What NRG Energy (NRG)'s Revenue Beat Means For Shareholders](https://finance.yahoo.com/markets/stocks/articles/nrg-energy-nrg-revenue-beat-111527395.html?.tsrc=rss) (source, 2026-11-06) - [NRG Energy (NRG) Stock Sees Modest Fair Value Cut As Analyst Targets Reset](https://finance.yahoo.com/markets/stocks/articles/nrg-energy-nrg-stock-sees-032651283.html?.tsrc=rss) (source, 2026-11-06) - [Is NRG Energy (NRG) Undervalued Following Its Mixed Quarterly Report?](https://finance.yahoo.com/markets/stocks/articles/nrg-energy-nrg-undervalued-following-001954778.html?.tsrc=rss) (source, 2026-11-06) - [NRG Energy (NRG) Stock Still Looks Like A Bargain On Its 171% Run](https://finance.yahoo.com/markets/stocks/articles/nrg-energy-nrg-stock-still-211207944.html?.tsrc=rss) (source, 2026-11-05) - [NRG Energy to Release Q3 Earnings: What's in the Cards for the Stock?](https://finance.yahoo.com/markets/stocks/articles/nrg-energy-release-q3-earnings-124400234.html?.tsrc=rss) (source, 2026-11-05) ## FAQ ### What does NRG Energy do? NRG generates electricity and sells it into wholesale markets as a merchant producer, and supplies retail electricity and energy services to homes and businesses. ### How is NRG exposed to AI? Through electricity demand. Data center load is tightening the Texas and PJM markets its expanded gas fleet serves, so AI demand can lift prices and bring supply deals. Supercycle scores it 40 out of 100. ### Why did NRG buy LS Power's gas assets? The acquisition doubled its generation fleet, giving NRG more capacity to sell into markets where data center construction is driving electricity demand higher. ### Where is NRG headquartered and who leads it? NRG is headquartered in Houston, Texas, was founded in 1989, and is led by CEO Robert J. Gaudette. It employs about 16,700 people and trades on the NYSE. ### Is NRG a pure play AI stock? No. NRG is a power producer whose upside from AI comes through electricity demand and data center supply deals. Its score of 40 out of 100 reflects that indirect exposure. --- Source: https://supercyclehq.com/stock/nrg-energy. Data as of 2026-11-06. Prices are end-of-day closes, never live. Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI. Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset.