---
schema_version: "secwatch.filing_event.v1"
accession: "0001013871-22-000024"
form_type: "8-K"
ticker: "NRG"
cik: "0001013871"
company_name: "NRG ENERGY, INC."
filed_at: "2022-11-07T23:59:59+00:00"
generated_at: "2026-06-22T04:57:00.069487+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# NRG Energy Q3 net income $67M; narrows 2022 guidance, initiates 2023 outlook

## Summary
- Q3 net income of $67M ($0.29 EPS), down from $1.6B in Q3 2021 due to mark-to-market hedges.
- Adjusted EBITDA of $452M vs $767M YoY; Texas segment impacted by W.A. Parish outage.
- Narrowing 2022 Adjusted EBITDA guidance to $1.95-$2.05B; 2023 guidance initiated at $2.27-$2.47B.
- Board approves $600M incremental share repurchase for 2023; annual dividend raised 8% to $1.51/share.
- Astoria site sale for $212M expected to close Q4 2022; $43M impairment recorded.

## SEC filing metadata
- accession: 0001013871-22-000024
- form_type: 8-K
- ticker: NRG
- cik: 0001013871
- company_name: NRG ENERGY, INC.
- filed_at: 2022-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1013871/000101387122000024/0001013871-22-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1013871/000101387122000024/nrg-20221107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013871-22-000024
- JSON: https://secwatch.observer/filing/0001013871-22-000024.json
- Plain text: https://secwatch.observer/filing/0001013871-22-000024.txt

## Key facts
- Earnings Releases
  NRG ENERGY, INC. reported quarter ended September 30, 2022 results: net income $67 million, EPS $0.29 per diluted common share.
  - Period: quarter ended September 30, 2022
  - Net income: $67 million
  - EPS: $0.29 per diluted common share
  - Result: reported results
  source text: NRG Energy, Inc. (NYSE: NRG) today reported a third quarter 2022 Net Income of $67 million, or $0.29 per diluted common share, and Adjusted EBITDA for the third quarter of $452 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1013871/000101387122000024/0001013871-22-000024-index.htm
- Earnings Releases
  NRG ENERGY, INC. updated its fiscal year 2023 guidance (initiated).
  - Period: fiscal year 2023
  - Guidance: initiated
  - Result: guidance update
  source text: NRG is narrowing its 2022 Adjusted EBITDA as well as narrowing and adjusting down the 2022 FCFbG guidance, and is initiating guidance for the 2023 fiscal year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1013871/000101387122000024/0001013871-22-000024-index.htm
- Earnings Releases
  NRG ENERGY, INC. reported nine months ended September 30, 2022 results: net income $2,316 million.
  - Period: nine months ended September 30, 2022
  - Net income: $2,316 million
  - Result: reported results
  source text: Three Months Ended Nine Months Ended ($ in millions) 9/30/2022 9/30/2021 9/30/2022 9/30/2021 Net Income $ 67 $ 1,618 $ 2,316 $ 2,614
  evidence_url: https://www.sec.gov/Archives/edgar/data/1013871/000101387122000024/0001013871-22-000024-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.