Company Profiles
Utilities Industry: Compare & Contrast
Nov. 12, 2009
Photos courtesy of NRG, Constellation
NRG Energy has been ranked in the top
10 among utilities for three straight years.
CE ranked 39th in the 2006 group.
NRG Energy, Inc., based in Princeton, New Jersey, has the highest credit standards of all publicly-traded utilities with a CSI score of 2.40 on a scale of 1 to 5. Constellation Energy Group, Inc, based in Baltimore, Maryland, is last with a CSI score of 4.70.
In January of 2008, Constellation Energy's stock was trading at almost $100 per share, current ratio was at 1.35, well over the industry benchmark of 1.10, and operating cash was running at 4.4% of revenue. By the end of September 2008, and on the eve of one of the worst credit crunches since the 1970s, Constellation's stock