NRG Energy Inc vs BlackRock TCP Capital Corp — how do they compare? NRG Energy Inc trades at $132.3 (market cap $27.55B), while BlackRock TCP Capital Corp trades at $3.24 (market cap $270.17M). The key difference: NRG Energy Inc is far larger — about 102× BlackRock TCP Capital Corp's market cap, and BlackRock TCP Capital Corp pays the higher dividend (26.09%). Which is the better fit depends on your goals.
| NRG | TCPC | |
|---|---|---|
Market Cap | $27.55B | $270.17M |
Sector | Utilities | Financials |
52-Week High | $184.03 | $7.64 |
52-Week Low | $120.65 | $3.14 |
Enterprise Value | $51.38B | — |
Dividend Yield | 1.46% | 26.09% |
Trailing returns across standard periods
NRG Energy is one of the largest retail energy providers in the U.S., with 7 million customers, including its 2021 acquisition of Direct Energy. It also is one of the largest U.S. independent power producers, with 16 gigawatts of nuclear, coal, gas, and oil power generation capacity primarily in Texas. Since 2018, NRG has divested its 47% stake in NRG Yield, among other renewable energy and conventional generation investments. NRG exited Chapter 11 bankruptcy as a stand-alone entity in December 2003.
Read more on NRG →BlackRock TCP Capital Corp is a finance company specializing in middle-market lending. It aims for high returns through income and capital appreciation while prioritizing principal protection. The company invests in debt securities and earns revenue from interest payments, fees, and some equity appreciation.
Read more on TCPC →