NRG Energy, Inc. (NYSE:NRG)
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A wholesale power generation Company, which provides the ownership, development, construction & operation of power generation facilities, the transacting in & trading of fuel & transportation services & the trading of energy, capacity & related products.
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I hate when companies are drastically overvalued for no logical reason. Conversely, I absolutely *love* when companies are undervalued for no logical reason. This one is super-duper undervalued: worth $33.91 per share using shareholders' equity. The merger with GenOn will only create more value due to synergies (which almost never actually pan out long term) and new market infiltration. NRG is an innovative company that has a huge potential to break the renewable/green energy generation industry wide-open.
I am not speculating, and I know Tesla Motors is trying to go proprietary with its planned charging system for electric cars, but it almost would make perfect sense to see Tesla and NRG work together to conquer one of the electric cars biggest problems. Again just a thought, not speculation.
(Elon Musk contact me on MySpace to talk about it. K thx bye)
NRG correlates strongly w/ natural gas prices. NRG followed the gas prices down and that is why it became "undervalued for no logical reason." Natual gas is on the way back up, and so is NRG. Compare the charts. I work for an NRG company and a co-worker of mine discovered the correlation.
Well I'll be darned! You would think that shouldn't be a big deal given that *only* 46% of their generation capacity is natural gas. Similarly, coal makes up 30% of their generation capacity. The simple fact that they merged with GenOn will also boost shares.
Here's something I wrote about coal/natural gas with mention of NRG and GEN:
http://beta.fool.com/blackngold/2012/11/13/its-efficiency-stupid/16341/
Thanks for the comment