NRG Energy (NRG) Reports Q3 EPS of 94c

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Go back to NRG Energy (NRG) Reports Q3 EPS of 94c

NRG Energy, Inc. Reports Third Quarter 2018 Results and Initiates 2019 Guidance

November 8, 2018 7:10 AM EST

Closed on sale of NRGs interest in NRG Yield and the Renewables Platform for $1.348 billion1 Executing on second $500 million share repurchase commitment, totaling $1 billion in 2018 Announcing an additional $500 million share repurchase authorization Redeemed $485 million balance of 2022 senior notes and prepaid $155 million of Term Loans, achieving corporate debt reduction target of $640 million; on track to achieve 3.0x net debt / EBITDA for 2018 Narrowing 20182 guidance to the upper-half of range and initiating 2019 Adjusted EBITDA and FCFbG... More