NRG Energy (NRG) Slashes 13.6% After Swing to Net Loss

We recently published 10 Stocks Taking the Worst Hit. NRG Energy, Inc. (NYSE:NRG) is one of the worst-performing stocks on Wednesday.

NRG Energy dropped its share prices for a second day on Wednesday, slashing 13.61 percent to close at $148.56 after swinging to a net loss in the second quarter of the year.

In its updated report, NRG Energy, Inc. (NYSE:NRG) said it posted a net loss attributable to shareholders of $121 million in the second quarter of the year from a $721 million net income in the same period last year, primarily due to unrealized non-cash losses on mark-to-market economic hedges driven by declines in forward natural gas and northeast power prices, as well as an increase to reserves for legal matters in 2025.

Revenues, however, inched up by 1.5 percent to $6.7 billion from $6.6 billion year-on-year.

In the six-month period, net income attributable to shareholders ended at $612 million, marking a 50-percent decline from the $1.2 billion in the same comparable period. Revenues, on the other hand, grew by 9.3 percent to $15.3 billion from $14.1 billion.

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For the full year 2025, NRG Energy, Inc. (NYSE:NRG) is gunning for a net income of $1.025 billion to $1.225 billion, as well as adjusted EBITDA of $3.725 billion to $3.975 billion.