From Yahoo Finance: 2025-05-12 11:35:00

NRG Energy reported first-quarter adjusted earnings per share and revenue that exceeded Wall Street’s expectations. The company also announced a $12 billion acquisition of natural gas assets from LS Power Equity Advisors, leading to a 25% surge in NRG Energy shares. NRG Energy expects full-year adjusted EPS of $6.75 to $7.75, with revenue rising more than 15% year-over-year to $8.59 billion. The acquisition of natural gas assets is set to double NRG’s generation capacity to about 13 GW by adding 18 facilities across nine states. The transaction is anticipated to close in the first quarter of 2026. NRG Energy shares have increased by almost two-thirds this year.

Read more: NRG Energy Stock Soars as Q1 Results Handily Top Estimates