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NRG Energy Inc T.NRG


Primary Symbol: NRG

NRG Energy, Inc. is an energy and home services company. The Company’s businesses are the sale of electricity and natural gas to residential, commercial and industrial and wholesale customers, supported by its wholesale electric generation, as well as the sale of smart home products and services. Across the United States and Canada, the Company delivers sustainable solutions, predominately under the brand names such as NRG, Reliant, Direct Energy, Green Mountain Energy and Vivint. The Company's segments include Texas, East, West/Services/Other, Vivint Smart Home and Corporate activities. It sells a variety of products to residential and small commercial customers, including retail electricity and energy management, natural gas, carbon offsets, back-up power stations, portable power, portable solar and portable lighting. The Company owns and leases a diversified wholesale generation portfolio with approximately 13 gigawatts of fossil fuel and renewable generation capacity at 19 plants.


NYSE:NRG - Post by User

Comment by CarpyDimeon Mar 27, 2014 1:22pm
220 Views
Post# 22376909

RE:Alter NRG Reports 2013 Activities and Financial Results

RE:Alter NRG Reports 2013 Activities and Financial ResultsThe most positive thing I took from this, aside from the forward looking statements, was the slight jump in profits relative to sales. A reduction in the cost of selling - combined with an overall increase in sales - resulted in $700K of additional sales yielding $1.3M in gross profit. If the forward looking statements on revenues are accurate, and they are able to continue keeping the cost of sales down, other liabilities (i.e. deferred income tax) will become manageable.

I am not overly experienced at interpreting these financial statements, so if I have missed or overstated anything, please clue me in.
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