Brendan Mulhern
Head of Investor Relations
Replay available
NRG Energy, Inc. (NYSE: NRG) Q3 2025 earnings conference call, held 2025-11-06. Replay captured from the company's public earnings webcast.

Head of Investor Relations
Chair, President, and Chief Executive Officer
Chief Financial Officer
Analyst, Wells Fargo Securities
Analyst, Jefferies
Analyst, Seaport Global Securities
Analyst, Melius Research
Analyst, Barclays
Analyst, Goldman Sachs
Analyst, Morgan Stanley
Analyst, Citi
Analyst, Scotiabank
Good day and thank you for standing by. Welcome to the NRG Energy, Inc. Third Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 1 1 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 1 1 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker today, Brendan Mulhern, Head of Investor Relations. Please go ahead. Thank you. Good morning and welcome to NRG Energy's third quarter 2025 earnings call. This morning's call is being broadcast live over the phone and via webcast. The webcast presentation and earnings release can be located in the investor section of our website at www.nrg.com under Presentations and Webcasts. Please note that today's discussion may contain forward-looking statements, which are based upon assumptions that we believe to be reasonable as of this date. Actual results may differ materially. We urge everyone to review the safe harbor in today's presentation, as well as the risk factors in our SEC filings. We undertake no obligation to update these statements as a result of future events, except as required by law. In addition, we will refer to both FAP and non-GAAP financial measures. For information regarding our non-GAAP financial measures and reconciliations to the most directly comparable GAAP measures, please refer to today's presentation and earnings release. With that, I will now turn it over to Larry Komen, NRG's Chair, President, and Chief Executive Officer. Thank you, Brendan. Good morning, ev...