NRG Energy, Inc. (NRG) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.995 Good day, and thank you for standing by. Welcome to NRG Energies, Inc. 00:00:04.995 -- 00:00:08.799 Fourth Quarter and Full Year 2025 Earnings Call. 00:00:08.799 -- 00:00:11.521 This time, all participants are in a listen-only mode. 00:00:11.521 -- 00:00:16.185 For the speaker's presentation, there will be a question and answer session. 00:00:16.185 -- 00:00:21.830 To ask a question during the session, you will need to press star one one on your telephone. 00:00:21.830 -- 00:00:25.553 When you hear an automated message, it'll advise that your hand is raised. 00:00:25.553 -- 00:00:29.107 To withdraw your question, please press star one one again. 00:00:29.107 -- 00:00:32.532 Please be advised that today's conference is being recorded. 00:00:32.532 -- 00:00:37.079 I would now like to hand the call over to your first speaker today, Brendan Mulhern, 00:00:37.079 -- 00:00:40.664 Head of Investor Relations. Please go ahead. 00:00:40.664 -- 00:00:44.670 Thank you. Good morning and welcome to NRG Energy's fourth quarter and full year 2025 00:00:44.670 -- 00:00:50.588 earnings call. This morning's call is being broadcast live over the phone and via webcast. 00:00:50.588 -- 00:00:54.694 The webcast, presentation, and earnings release can be located in the investor section 00:00:54.694 -- 00:00:58.136 of our website at www.nrg.com 00:00:58.460 -- 00:01:03.527 under presentations and webcasts. Please note that today's discussion may contain forward-looking 00:01:03.527 -- 00:01:07.413 statements, which are based upon assumptions that we believe to be reasonable as of this 00:01:07.413 -- 00:01:10.517 date. Actual results may differ materially. 00:01:10.517 -- 00:01:14.203 We urge everyone to review the safe harbor in today's presentation, as w...