With a market cap of $24.7 billion, NRG Energy, Inc. (NRG) provides retail electricity, energy management, smart home solutions, and carbon management services across the United States and Canada. Through multiple segments, it serves residential, commercial, and industrial customers while operating a diversified portfolio of fossil fuel and renewable energy generation assets and engaging in energy trading and related financial products.
Shares of the Houston, Texas-based company have lagged behind the broader market over the past 52 weeks. NRG stock has decreased 32.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 22.2%. Moreover, shares of the company are down 26.5% on a YTD basis, compared to SPX's 13% gain.
