Jim Cramer highlighted NRG Energy’s operational discipline and strategic execution, calling the company 'very well-run' during a recent market commentary. The assessment comes as NRG reports strong cash flow generation and progress in its transition to renewable energy assets.
- NRG Energy reported $1.3 billion in adjusted EBITDA for the trailing 12 months, up 12% year-over-year
- Renewable energy now comprises over 40% of NRG’s total generating capacity
- 750 MW solar-plus-storage facility in Texas began operations in Q3 2024
- Free cash flow reached $890 million in the most recent fiscal year
- Net debt reduced by $1.1 billion since 2023
- Dividend yield of 4.2% remains sustainable with strong cash flow
Jim Cramer voiced strong confidence in NRG Energy’s leadership team, emphasizing the company’s ability to navigate a volatile energy landscape. Speaking on a recent financial program, Cramer cited NRG’s consistent capital allocation and disciplined approach to asset management as hallmarks of a well-run enterprise. He pointed to the company’s ongoing shift from fossil-fueled generation to renewables as evidence of long-term vision and execution capability. NRG reported adjusted EBITDA of $1.3 billion for the trailing 12 months, reflecting a 12% increase year-over-year. The company’s renewable energy portfolio now represents over 40% of its total generating capacity, up from 28% in 2021. This transition has been supported by significant investments in solar and battery storage projects, including a 750 MW solar-plus-storage facility in Texas that began commercial operations in Q3 2024. The stock, trading at approximately $48.70 per share as of December 13, 2025, has outperformed the broader utilities index by 18% over the past 12 months. Analysts note that NRG’s dividend yield of 4.2% remains sustainable, supported by robust free cash flow of $890 million in the most recent fiscal year. The company also reduced net debt by $1.1 billion since 2023, reinforcing its financial stability. Investors and institutional analysts are increasingly viewing NRG as a bellwether for utility companies undergoing energy transition. The company’s ability to balance near-term profitability with long-term decarbonization goals has attracted interest from ESG-focused funds and large pension investors. Market participants are watching closely as NRG continues to expand its renewable footprint, particularly in high-growth markets like California and the Southeast.