Nrg Energy, Inc. · NYSE:NRG
Nrg Energy — Q2 2020 Earnings Presentation
10 slides from Nrg Energy's earnings presentation, Jul 30, 2020
Slide 1: NRG Business Update: Announcement of Definitive Agreement to Acquire Direct Energy and 2Q Update
© [year] NRG Energy, Inc. All rights reserved. / Proprietary and Confidential Information NRG Energy Inc. NRG Business Update Announcement of Definitive Agreement to Acquire Direct Energy and 2Q Update July 24, 2020
Slide 2: Safe Harbor - Forward-Looking Statements
© [year] NRG Energy, Inc. All rights reserved. / Proprietary and Confidential Information 1 Safe Harbor Forward - Looking Statements In addition to historical information, the information presented in this presentation includes forward - looking statements within the meaning of Section 27 A of the S
Slide 3: Strong 2020 Results and 2021 Outlook
© [year] NRG Energy, Inc. All rights reserved. / Proprietary and Confidential Information 2 $ 574 Q2 YTD $ 922 $ 469 $ 801 Q2 Business Updates Strong Results and Outlook Initiating 2021 NRG Standalone Guidance and Business Updates Preliminary Year - to - Date Results Adjusted EBITDA +15% Strong Fina
Slide 4: COVID Impact Moderating; Reaffirming 2020 Guidance
© [year] NRG Energy, Inc. All rights reserved. / Proprietary and Confidential Information 3 1 Includes Corporate segment Highlights: • 2Q results drive YTD EBITDA ~$100 MM higher vs 2019 ‒ Contribution from Stream and lower supply costs ‒ Further details to come with earnings release on August 6 th
Slide 5: Appendix: Reg. G Schedules
© [year] NRG Energy, Inc. All rights reserved. / Proprietary and Confidential Information 4 Appendix: Reg. G Schedules
Slide 6: Table A-1: NRG Guidance
© [year] NRG Energy, Inc. All rights reserved. / Proprietary and Confidential Information 5 Appendix Table A - 1: NRG Guidance The following table summarizes the calculation of Free Cash Flow before Growth and provides a reconciliation to Adjusted EBIT DA and to Income from Continuing Operations: Re
Slide 7: Table A-3: Second Quarter 2019 Adjusted EBITDA Reconciliation
© [year] NRG Energy, Inc. All rights reserved. / Proprietary and Confidential Information 6 Reg. G Appendix Table A - 3: Second Quarter 2019 Adjusted EBITDA Reconciliation The following table summarizes the calculation of Adjusted EBITDA and provides a reconciliation to Income/(Loss) from Continu in
Slide 8: Table A-4: Adjusted EBITDA Reconciliation by Operating Segment
© [year] NRG Energy, Inc. All rights reserved. / Proprietary and Confidential Information 7 Reg. G Appendix Table A - 4: Three Months and Six Months ended 6/30/20 Adjusted EBITDA Reconciliation by Operating Segment The following table summarizes the calculation of Adjusted EBITDA and provides a reco
Slide 9: Reg. G: EBITDA and Adjusted EBITDA Non-GAAP Measures
© [year] NRG Energy, Inc. All rights reserved. / Proprietary and Confidential Information 8 Reg. G EBITDA and Adjusted EBITDA are non - GAAP financial measures. These measurements are not recognized in accordance with GAAP and sh ould not be viewed as an alternative to GAAP measures of performance.
Slide 10: Reg. G: Adjusted Cash Flow from Operating Activities
© [year] NRG Energy, Inc. All rights reserved. / Proprietary and Confidential Information 9 Reg. G Adjusted cash flow from operating activities is a non - GAAP measure NRG provides to show cash from operations with the reclassifi cation of net payments of derivative contracts acquired in business co