Clearway Energy Inc - Class C chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 10.17
Dividend & Yield1.46$ (4.73%)
Beta 0.85
Market capitalization 6.27B
Operating cash flow 787M
ESG Scores unknown

Company description

Clearway Energy, Inc. operates in the renewable energy business in the United States. The company operates through Conventional, Renewables, and Thermal segments. It has approximately 5,500 net megawatts (MW) of installed wind and solar generation projects; and approximately 2,500 net MW of natural gas generation facilities. The company was formerly known as NRG Yield, Inc. and changed its name to Clearway Energy, Inc. in August 2018. Clearway Energy, Inc. was incorporated in 2012 and is based in Princeton, New Jersey. Clearway Energy, Inc. operates as a subsidiary of Clearway Energy Group LLC.

Sector: Utilities - Industry: Utilities—Renewable

Financial Ratios
Quick Ratio0.92
Working Capital-0.51
Return On Equity0.03
Debt To Equity3.42
Fixed Asset Ratio0.22
Fixed Interest Cover1.01

Financial data

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Change To Liabilities
Total Cashflows From Investing Activities -468M -62M -865M 1.06B
Net Borrowings -269M -443M -319M -1.2B
Total Cash From Financing Activities -175M -435M 367M -1.51B
Change To Operating Activities -9M -46M -9M 18M
Issuance Of Stock 100M 62M
Net Income -11M 25M 51M 582M
Change In Cash -166M 48M 189M 342M
Effect Of Exchange Rate
Total Cash From Operating Activities 477M 545M 701M 787M
Depreciation 418M 518M 621M 684M
Change To Account Receivables
Other Cashflows From Financing Activities 81M 67M 841M -144M
Change To Netincome 62M 33M 24M -511M
Capital Expenditures -328M -124M -172M -112M

Income Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Research Development 5M 5M 6M 2M
Income Before Tax -104M -54M -63M 1.28B
Net Income -11M 25M 51M 582M
Selling General Administrative 29M 34M 40M 40M
Gross Profit 695M 833M 835M 755M
Ebit 314M 366M 314M 201M
Operating Income 314M 366M 314M 201M
Interest Expense -404M -415M -312M -232M
Income Tax Expense -8M 8M 12M 222M
Total Revenue 1.03B 1.2B 1.29B 1.19B
Cost Of Revenue 337M 366M 451M 435M
Total Other Income ExpenseNet -418M -420M -377M 1.08B
Net Income From Continuing Ops -96M -62M -75M 1.06B
Net Income Applicable To Common Shares -11M 25M 51M 582M

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Total Liabilities 7.44B 7.88B 9.51B 8.28B
Total Stockholder Equity 1.85B 1.82B 1.83B 2.23B
Other Current Liabilities 5M 518M 50M
Total Assets 9.7B 10.59B 12.81B 12.31B
Common Stock 1M 1M 1M 1M
Other Current Assets 264M 197M 1.11B 365M
Retained Earnings -72M -84M -33M 463M
Treasury Stock -15M -14M -6M 9M
Cash 155M 268M 179M 657M
Total Current Liabilities 2.06B 634M 1.63B 617M
Other Stockholder Equity -15M -14M -6M 9M
Property, Plant, and Equipment 6.29B 7.55B 8.2B 7.95B
Total Current Assets 608M 708M 1.53B 1.28B
Net Tangible Assets 422M 455M -665M -331M
Net Receivables 116M 143M 144M 153M
Accounts Payable 98M 77M 170M 60M


Insider Transactions

Here are the insider transactions of stock shares related to Clearway Energy Inc - Class C:

Filer Name Transaction Text Ownership Date Filer Relation Shares
O'NEAL E. STANLEYStock Award(Grant) at price 0.00 per share.D2022-12-01Director385
FORD BRIAN RStock Award(Grant) at price 0.00 per share.D2022-12-01Director613
SOTOS CHRISTOPHER SStock Award(Grant) at price 0.00 per share.D2022-12-01Chief Executive Officer2.02k
MORE DANIEL BStock Award(Grant) at price 0.00 per share.D2022-12-01Director424
MALCARNEY KEVIN PStock Award(Grant) at price 0.00 per share.D2022-12-01General Counsel437
LOWRY JENNIFER ELAINEStock Award(Grant) at price 0.00 per share.D2022-12-01Director38
RUBENSTEIN SARAHStock Award(Grant) at price 0.00 per share.D2022-12-01Officer214
MURPHY MICHAEL TAFTStock Award(Grant) at price 0.00 per share.D2022-12-01Chief Investment Officer221
MURPHY MICHAEL TAFTStock Gift at price 0.00 per share.D2022-11-23Chief Investment Officer1k
SOTOS CHRISTOPHER SSale at price 35.12 - 35.34 per share.D2022-11-15Chief Executive Officer30k
O'NEAL E. STANLEYStock Award(Grant) at price 0.00 per share.D2022-09-01Director353
MCCLEAN FERRELL PStock Award(Grant) at price 0.00 per share.D2022-09-01Director744
FORD BRIAN RStock Award(Grant) at price 0.00 per share.D2022-09-01Director562
SOTOS CHRISTOPHER SStock Award(Grant) at price 0.00 per share.D2022-09-01Chief Executive Officer1.85k
MORE DANIEL BStock Award(Grant) at price 0.00 per share.D2022-09-01Director389
MALCARNEY KEVIN PStock Award(Grant) at price 0.00 per share.D2022-09-01General Counsel400
LOWRY JENNIFER ELAINEStock Award(Grant) at price 0.00 per share.D2022-09-01Director35
RUBENSTEIN SARAHStock Award(Grant) at price 0.00 per share.D2022-09-01Officer221
MURPHY MICHAEL TAFTStock Award(Grant) at price 0.00 per share.D2022-09-01Chief Investment Officer202
O'NEAL E. STANLEYStock Award(Grant) at price 0.00 per share.D2022-06-01Director6.28k
MCCLEAN FERRELL PStock Award(Grant) at price 0.00 per share.D2022-06-01Director7.84k
FORD BRIAN RStock Award(Grant) at price 0.00 per share.D2022-06-01Director4.91k
SOTOS CHRISTOPHER SStock Award(Grant) at price 0.00 per share.D2022-06-01Chief Executive Officer1.93k
MORE DANIEL BStock Award(Grant) at price 0.00 per share.D2022-06-01Director6.32k
PLOTKIN CHADStock Award(Grant) at price 0.00 per share.D2022-06-01Chief Financial Officer579
MALCARNEY KEVIN PStock Award(Grant) at price 0.00 per share.D2022-06-01General Counsel416
LOWRY JENNIFER ELAINEStock Award(Grant) at price 0.00 per share.D2022-06-01Director3.64k
RUBENSTEIN SARAHStock Award(Grant) at price 0.00 per share.D2022-06-01Officer230
MURPHY MICHAEL TAFTStock Award(Grant) at price 0.00 per share.D2022-06-01Chief Investment Officer211
GLOBAL INFRASTRUCTURE INVESTORS III, L.L.C.I2022-05-04Beneficial Owner of more than 10% of a Class of Security250k
SOTOS CHRISTOPHER SStock Award(Grant) at price 0.00 per share.D2022-04-15Chief Executive Officer20.19k
PLOTKIN CHADStock Award(Grant) at price 0.00 per share.D2022-04-15Chief Financial Officer6.65k
MALCARNEY KEVIN PStock Award(Grant) at price 0.00 per share.D2022-04-15General Counsel4.82k
RUBENSTEIN SARAHStock Award(Grant) at price 0.00 per share.D2022-04-15Officer3.92k
GLOBAL INFRASTRUCTURE INVESTORS III, L.L.C.I2022-03-25Beneficial Owner of more than 10% of a Class of Security47k
LOWRY JENNIFER ELAINEStock Award(Grant) at price 0.00 per share.D2022-03-15Director804
O'NEAL E. STANLEYStock Award(Grant) at price 0.00 per share.D2022-03-01Director316
MCCLEAN FERRELL PStock Award(Grant) at price 0.00 per share.D2022-03-01Unknown725
FORD BRIAN RStock Award(Grant) at price 0.00 per share.D2022-03-01Director557
SOTOS CHRISTOPHER SStock Award(Grant) at price 0.00 per share.D2022-03-01Chief Executive Officer1.54k
MORE DANIEL BStock Award(Grant) at price 0.00 per share.D2022-03-01Director355
PLOTKIN CHADStock Award(Grant) at price 0.00 per share.D2022-03-01Chief Financial Officer442
MALCARNEY KEVIN PStock Award(Grant) at price 0.00 per share.D2022-03-01General Counsel318
RUBENSTEIN SARAHStock Award(Grant) at price 0.00 per share.D2022-03-01Officer158
SOTOS CHRISTOPHER SD2021-12-31Chief Executive Officer85.91k
PLOTKIN CHADD2021-12-31Chief Financial Officer26.71k
MALCARNEY KEVIN PD2021-12-31General Counsel16.87k
O'NEAL E. STANLEYStock Award(Grant) at price 0.00 per share.D2021-12-01Director270
FORD BRIAN RStock Award(Grant) at price 0.00 per share.D2021-12-01Director476
SOTOS CHRISTOPHER SStock Award(Grant) at price 0.00 per share.D2021-12-01Chief Executive Officer1.98k
MORE DANIEL BStock Award(Grant) at price 0.00 per share.D2021-12-01Director303

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Clearway Energy Inc - Class C. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Clearway Energy Inc - Class C

Here is the result of two systematic investment strategies applied to Clearway Energy Inc - Class C. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Clearway Energy Inc - Class C

The following chart shows the equity curve of the two systematic investment strategies applied to Clearway Energy Inc - Class C:

Clearway Energy Inc - Class C automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 53.84% on the backtest period.

Performance at glance

Performance

53.84 %

Latent gain

1191.95 $

Invested capital

2213.86 $

Annualized return

13.0 %
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Momentum strategy results on Clearway Energy Inc - Class C

This is the result of two momentum investment strategies applied to Clearway Energy Inc - Class C. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Clearway Energy Inc - Class C

The following chart shows all the entries opened by the momentum investment system on Clearway Energy Inc - Class C:

Clearway Energy Inc - Class C momentum entries
  • The first momentum investment strategy would give 58.03% of return on Clearway Energy Inc - Class C. That represents 2898.58$ of latent gain with 4995.26$ of employed capital.
  • The second momentum investment strategy would give 62.9% of return on Clearway Energy Inc - Class C. That represents 1892.76$ of latent gain with 3009.06$ of employed capital.
Performance at glance (1Q Momentum)

Performance

58.03 %

Latent gain

2898.58 $

Invested capital

4995.26 $

Annualized return

21.66 %
Performance at glance (2Q Momentum)

Performance

62.9 %

Latent gain

1892.76 $

Invested capital

3009.06 $

Annualized return

17.19 %

Momentum equity curve on Clearway Energy Inc - Class C

The following chart shows the equity curve of the two momentum strategies applied to Clearway Energy Inc - Class C:

Clearway Energy Inc - Class C momentum equity

Note: the dividends potentially given by Clearway Energy Inc - Class C are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Clearway Energy Inc - Class C

The following chart shows the employed capital evolution of the two momentum strategies on Clearway Energy Inc - Class C since the beginning:

Clearway Energy Inc - Class C

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Clearway Energy Inc - Class C

Buy the dip entry openings on Clearway Energy Inc - Class C

Clearway Energy Inc - Class C

The performance achieved by the robo-advisor on Clearway Energy Inc - Class C is 46.35%. That represents 221.78$ of latent gain with 478.48$ of employed capital. The following chart shows Clearway Energy Inc - Class C stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Clearway Energy Inc - Class C, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

46.35 %

Latent gain

221.78 $

Invested capital

478.48 $

Annualized return

21.66 %

Equity curve of the strategy applied to Clearway Energy Inc - Class C

The following chart shows the result of the investment strategy applied to Clearway Energy Inc - Class C:

Clearway Energy Inc - Class C

Note: the dividends potentially given by Clearway Energy Inc - Class C are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Clearway Energy Inc - Class C

The following chart shows the employed capital evolution since the beginning of the investment strategy on Clearway Energy Inc - Class C:

Clearway Energy Inc - Class C

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Clearway Energy Inc - Class C

In this section, I will compare the three previous investment strategies applied to Clearway Energy Inc - Class C.

Equity curve comparison on Clearway Energy Inc - Class C

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Clearway Energy Inc - Class C investment strategy comparison

Employed capital comparison on Clearway Energy Inc - Class C

Clearway Energy Inc - Class C investment comparison

Performance comparison on Clearway Energy Inc - Class C

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 53.84% 1191.95$ 2213.86$ 13.0%
Momentum 1 quarter 58.03% 2898.58$ 4995.26$ 14.88%
Momentum 2 quarters 62.9% 1892.76$ 3009.06$ 17.19%
Non-directional 46.35% 221.78$ 478.48$ 21.66%
Annualized return comparison

Automatic investment

13.0 %

Momentum 1Q

17.19 %

Momentum 2Q

17.19 %

Non-directional

21.66 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Clearway Energy Inc - Class C:

Note: The algorithm computes the probability of correlation between Clearway Energy Inc - Class C and the other stocks. There may be false positives or some missing correlated stocks. If the price of Clearway Energy Inc - Class C does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Clearway Energy Inc - Class C
Country United States
City Princeton
Address 300 Carnegie Center
Phone 609 608 1525
Website www.clearwayenergy.com
FullTime employees 58
Industry Utilities—Renewable
Sector Utilities
Exchange XNYS
Ticker CWEN
Market www.nyse.com

Clearway Energy Inc - Class C ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown