Record power prices in the Texas power market are benefiting established power generators in the region, and NRG Energy is at the top of the list.
News & Analysis: NRG Energy
The utility surprised investors last month.
The company unveiled a sweeping transformation plan.
NRG is changing plans again, but this time it could change the business forever.
The integrated power company reported full-year 2016 earnings and provided 2017 guidance.
There was excitement last month as activist investors looked into making changes at NRG Energy.
A better-than-expected earnings report may be a sign that the bottom is near for NRG Energy.
An asset acquisition could be sending the stock lower, but that may be overlooking upside for the company.
Wholesale power markets still aren't as strong as investors in NRG Energy would like.