Broker recommendations for NRG Energy
The NRG Energy, Inc. stock is rated at 1.2 (on a scale 1-3, where 1 is ‘strong buy‘ and 3 is ‘strong sell‘) from Thursday 23 July, 2020 by a total of 11 brokers. This means that the consensus of the 11 different brokers is leaning toward to buy/moderate buy.
0 (0%) Underweight
0 (0%) Hold
2 (18.18%) Overweight
0 (0%) Buy
Morgan Stanley expects more mega-mergers in the oil industry. Here are the 11 deals the bank says are most likely.
Wednesday, 7 October 2020, 17:10:00
Summary List Placement Hammered by a collapse in oil prices, the energy industry is entering a new phase focused on returns, which is likely to bring a wave of consolidation, analysts at Morgan Stanley said in a note Wednesday. Deals could help US oil companies Exxon and Chevron diversify and build out their clean-energy assets, they said. “European peers have begun to reposition portfolios away from oil & gas production,” the analysts said in the note. “Majors in the US have been slower to adapt despite sharing similar advantages of scale. Focusing on M&A in the power sector, companies with renewable development capabilities could be particularly attractive alternatives to oil & gas.” Today, the energy industry remains fragmented, the analysts said, resulting in a recent spike in deals. Most notably, Chevron acquired Noble Energy in early October through a $5 billion all-stock deal, while shale giants Devon Energy and WPX Energy announced plans to merge in late September. Read more: Layoffs, bankruptcies, and dividend cuts: We’re tracking how 20 energy giants from Shell to Exxon are responding to the collapse in oil prices “M&A has picked up again and, largely for the first time in recent memory, been rewarded by the market,” Morgan Stanley said. “We expect that to continue.” The bank says future deals are most likely between companies focused on oil production, and among the largest integrated oil majors and smaller energy producers.
— Business Insider
Changelly to List NRG Coin
Friday, 4 September 2020, 13:24:45
Changelly is glad to list the native coin of the Energi platform – NRG. The post Changelly to List NRG Coin appeared first on Changelly .
MORGAN STANLEY: Buy these 12 stocks underappreciated stocks that offer strong profit growth and are due for a surge
Thursday, 27 August 2020, 14:15:00
Michael Wilson, Morgan Stanley’s chief US equity strategist, is naming a group of companies with strong earnings and far lower prices than their profits suggest they deserve. Wilson found the group together by tracking five years of price and profit data for 1,500 companies. These stocks have historically displayed a tight relationship between their earnings and price movements, and he says that’s evidence a “catch up trade” could develop. Click here to sign up for our weekly newsletter Investing Insider . Visit Business Insider’s homepage for more stories . Find the stocks that should be up, then bet that they’re going to go up. It sounds like the simplest idea possible. But can be a giant gap between an idea and the execution of it. When Michael Wilson, chief US equity strategist and chief investment office for Morgan Stanley, implemented this basic, almost value-investing-style approach, he wanted to find the stocks with the most promise possible. So Wilson and his team evaluated the largest 50% of Russell 3000 companies by market capitalization, and looked over five years of market and earnings data to find companies that showed the strongest links between price-to-earnings ratios and outperformance relative to the S&P 500.
— Business Insider
NRG Energy – A Surprising Yet Interesting Purchase (NYSE:NRG)
Wednesday, 29 July 2020, 11:20:00
NRG Energy has seen quite a turbulent history with M&A on both the buy and sell-side. After ”recent” divestments and current uncertainty, the company announced a massive acquisition which comes as quite a surprise.
— Seeking Alpha
Deal doldrums? Not this week as Latham, Cravath, others advise on NRG’s $3.6b Direct Energy buy
Saturday, 25 July 2020, 01:12:19
Latham & Watkins and Baker Botts advised U.S. integrated power company NRG Energy on its $3.63 billion bid to buy Centrica Plc’s North American subsidiary Direct Energy, the firms said on Friday, capping a week of multibillion-dollar deal announcements reminiscent of pre-pandemic days.
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