Nrg Energy Inc

Constellation Energy shareholders backed all board nominees and rejected a DEI proposal. The company now faces a key test on May 11 with Q1 earnings amid AI power demand expectations.

Vistra Corp. declared a $75 million quarterly dividend ahead of May 7 earnings. JPMorgan cut its price target to $231, while the company's Cogentrix acquisition and Meta nuclear deals shape growth.

Constellation Energy shares tumbled 10.9% following a major $5 billion divestiture to LS Power, part of its Calpine acquisition remedies. The selloff spread across the power sector as utilities led market declines.

Vistra Corp shares plunged 12.6% on Friday, leading a broad decline in AI-related power stocks. The selloff occurred despite Vistra's recent investment-grade rating upgrade from Fitch.

NRG Energy shares declined sharply after LS Power affiliates priced a large secondary stock offering at a discount. The company plans a concurrent $300 million share buyback from the sellers.

Constellation Energy shares jumped 4.5% to $288.43, extending a 10% rally from early February. Trader focus is on a PJM Interconnection grid plan and new data-center power supply deals.

Constellation Energy shares rose 3.6% after its Calpine unit secured a 380-megawatt power deal for a new Texas data center, highlighting surging electricity demand from AI workloads.