NRG Energy (NRG Energy) Momentum Rank : 6 (As of May. 02, 2024)

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What is NRG Energy Momentum Rank?

NRG Energy has the Momentum Rank of 6.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of NRG Energy's Momentum Rank

For the Utilities - Independent Power Producers subindustry, NRG Energy's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

NRG Energy's Momentum Rank Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, NRG Energy's Momentum Rank distribution charts can be found below:

* The bar in red indicates where NRG Energy's Momentum Rank falls into.

NRG Energy Momentum Rank Related Terms

Thank you for viewing the detailed overview of NRG Energy's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

NRG Energy (NRG Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » NRG Energy Inc (NYSE:NRG) » Definitions » Momentum Rank

Traded in Other Exchanges

NRA:Germany N1RG34:Brazil

Address

910 Louisiana Street, Houston, TX, USA, 77002

Website

https://www.nrg.com

NRG Energy is one of the largest retail energy providers in the U.S., with 5.5 million customers. Its 2023 acquisition of Vivint Smart Home adds 1.9 million home services customers. NRG also is one of the largest U.S. independent power producers, with 13 gigawatts of coal, gas, and oil power generation capacity primarily in Texas. NRG exited Chapter 11 bankruptcy as a stand-alone entity in December 2003.

Executives

Rasesh M. Patel	officer: Exec VP, Vivint	C/O VIVINT SMART HOME, INC., 4931 NORTH 300 WEST, PROVO UT 84604
Elisabeth B Donohue	director	C/O SYNACOR, INC., 40 LA RIVIERE DRIVE, SUITE 300, BUFFALO NY 14202
Heather Cox	director	804 CARNEGIE CENTER, PRINCETON NJ 08540
Paul W Hobby	director	4400 POST OAK PARKWAY, HOUSTON TX 77027
Lawrence S Coben	director	SUNRISE CAPITAL, 685 THIRD AVE 15TH FLOOR, NEW YORK NY 10017-4024
Mauricio Gutierrez	officer: Exec VP & Chief Operating Ofc	211 CARNEGIE CENTER, PRINCETON NJ 08540
Antonio Carrillo	director	500 N AKARD ST. SUITE 400, DALLAS TX 75201
Bruce Chung	officer: EVP, Strategy and NRG Services	804 CARNEGIE CENTER, PRINCETON NJ 08540
Emily Picarello	officer: Vice Pres & Corp Controller	804 CARNEGIE CENTER, PRINCETON NJ 08540
Robert J Gaudette	officer: Senior VP, Business Solutions	1155 PERIMETER CENTER WEST, ATLANTA GA 30342
Elizabeth R Killinger	officer: Sr. VP & President,NRG Retail	NRG ENERGY, INC., 211 CARNEGIE CENTER, PRINCETON NJ 08540
Christopher Moser	officer: Exec Vice Pres, Operations	804 CARNEGIE CENTER, PRINCETON NJ 08540
David Callen	officer: Chief Accounting Offficer	NRG ENERGY, INC., 211 CARNEGIE CENTER, PRINCETON NJ 08540
Alberto Fornaro	officer: Executive Vice Pres & CFO	1415 W. 22ND STREET, SUITE 1100, OAK BROOK IL 60523
Gaetan Frotte	officer: Interim CFO, Sr VP & Treasurer	804 CARNEGIE CENTER, PRINCETON NJ 08540