Shares of Vistra Corp. (VST) have rallied 183% over the past year compared with its industry's growth of 16.6%. Strong retail business and rising demand from its expanding customer base are boosting its performance. Vistra's hedging program saves the company from power price fluctuations and results in more stable earnings. Vistra's shares have outperformed its sector and the S&P 500 over the past year. Image Source: Zacks Investment Research One-Year Price Performance Factors Acting as Tailwinds for VST St ...

Vistra Corp. (VST) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month, shares of this company have returned +22.6%, compared to the Zacks S&P 500 composite's +3.2% change. During this period, the Zacks Utility - Electric Power industry, which Vistra falls in, has gained 5.1%. The key question now is: What could be the stock's future direction? Although media reports o ...

Monty Rakusen Over the next 6 years, data centers are expected to go from consuming 3% of the United States' power supply to 8%. This is a massive shift, which should lead to significant change across a number of markets, not least of which the power supply market, which is where our focus is today. Basic 10 10Y MAX Advanced 100 75 50 25 Oct 2023 Dec 2023 Feb 2024 Aor 2024 Jun 2024 Araq 2024 One of the main beneficiaries of this shift is expected to be Vistra (NYSE:VST), the midsize electric utility company ...

Vistra Corp. (VST) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month, shares of this company have returned +4%, compared to the Zacks S&P 500 composite's -2.9% change. During this period, the Zacks Utility - Electric Power industry, which Vistra falls in, has gained 7.3%. The key question now is: What could be the stock's future direction? While media releases or rum ...

pidjoe Utilities have been in the news a lot lately due to the major developments in AI. With the expected roll-out and widespread adoption of AI, demand for data centers and electricity is expected to skyrocket according to Goldman Sachs and many other sources. Vistra Corp. (NYSE:VST) is one of the US-based independent Power Producers (operating in 20 states and the District of Columbia) that stands to benefit from this trend. It describes itself as a "a leading Fortune 500 integrated retail electricity an ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2024 — OR — ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __ to __ Commission File Number 001-38086 Vistra Corp. (Exact name of registrant as specified in its charter) Delaware 36-4833255 (State or other ju ...

Financial Data and Key Metrics Changes - The ongoing operations adjusted EBITDA for Q2 2024 was $1.414 billion, reflecting a 40% year-over-year improvement, bringing the year-to-date ongoing operations adjusted EBITDA to $2.227 billion [17][19]. - The company reaffirmed its guidance for 2024 ongoing operations adjusted EBITDA in the range of $4.550 billion to $5.050 billion, with confidence in achieving the upper end of this range [6][7]. - The estimated 2025 ongoing operations adjusted EBITDA mid-point opportunity range was raised by $200 million to $5.200 billion to $5.700 billion [7][21]. Business Line Data and Key Metrics Changes - The generation segment contributed $625 million to the ongoing operations adjusted EBITDA, while the retail segment contributed $789 million [17]. - The retail business, led by the TXU Energy brand, showed year-over-year growth and solid margin performance, maintaining a top score on the PUC of Texas power to choose scorecard [5][19]. - The inclusion of the Energy Harbor businesses contributed approximately $200 million to the second quarter results and $260 million year-to-date, primarily driven by the PJM nuclear fleet [19]. Market Data and Key Metrics Changes - The company noted significant volatility in forward power price curves, with the commercial team increasing wholesale hedge balances to approximately 86% for calendar year 2025 and 55% for calendar year 2026 [20]. - The recent PJM capacity auction results indicated higher clearing prices, which are expected to signal competitive market participants and investors regarding the supply gap [12][13]. Company Strategy and Development Direction - The company focuses on an integrated business model that combines dispatchable generation assets with a strong retail business to create long-term value [7][8]. - The company is committed to a disciplined capital allocation strategy, having returned approximately $5 billion to investors since late 2021, including $4.25 billion in share repurchases [9][23]. - The company is actively pursuing renewable development opportunities, including two large-scale solar projects in Texas and Illinois, with long-term power purchase agreements signed with Amazon and Microsoft [10][24]. Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to generate consistent returns in the near term, despite potential macroeconomic challenges in the longer term [61][62]. - The company highlighted a potential significant supply gap in the largest markets served, driven by industrial activity, data center builds, and environmental policies leading to thermal generation retirements [12][13]. - Management emphasized the importance of maintaining a reliable and affordable energy supply while balancing sustainability and project returns [11][17]. Other Important Information - The company expects to execute at least $2.25 billion in share repurchases through 2024 and 2025, with an additional $1 billion in 2026 [23]. - The net leverage ratio at the end of the quarter was 3x ongoing operations adjusted EBITDA, with expectations to reduce it below 3x by year-end 2024 [10][23]. - The company is committed to sustainability and reducing emissions while creating a sustainable business strategy for stakeholders [11]. Q&A Session Summary Question: Consideration of investing in new gas or storage in light of PJM capacity print - Management acknowledged the progress in PJM market reforms and indicated that while the recent auction is a positive signal, it is still early to start new projects [26][28]. Question: Update on 2026 earnings guidance - Management confirmed that the $6 billion figure for 2026 remains unchanged despite recent auction results, with further updates expected in the next quarter [30][31]. Question: Impact of regulatory scrutiny on co-location opportunities - Management stated that ongoing conversations with customers have not slowed down and emphasized the importance of meeting customer needs while navigating regulatory processes [32][33]. Question: Update on new build in ERCOT and TEF proposals - Management indicated that while the curve has softened, the Texas legislature's actions to provide low-cost financing for new gas plants are encouraging, but adequate revenue signals are still necessary for project viability [47][50]. Question: Timing for data center co-location opportunities - Management noted that discussions are ongoing, and while there is strong engagement, the complexity of these deals means that timing remains uncertain [58]. Question: Near-term implications of a potential recession on power prices - Management expressed confidence in the company's ability to generate consistent returns in the near term, with a healthy baseload and residential business that are relatively recession-proof [61][62].

| --- | --- | --- | --- | |-----------------------------|-------|--------------------------|---------------------| | | | | | | VISTRA | | | | | | | | ...... | | Second Quarter 2024 Results | | | ...... ..... | | | | .......... ............. | | | | | | | | August 8, 2024 | | | .... .... ......... | | | | .......... | ... . . | | --- ...

Exhibit 99.1 NEWS RELEASE Vistra Reports Second Quarter 2024 Results Earnings Release Highlights • GAAP second quarter 2024 Net Income of $467 million and Cash Flow from Operations of $1,196 million. • Net Income from Ongoing Operations 1 of $492 million and Ongoing Operations Adjusted EBITDA1 of $1,414 million. • Reaffirmed midpoint guidance for 2024 Ongoing Operations Adjusted EBITDA,1 excluding any potential contribution from the nuclear production tax credit, of $4,800 million. • Completed two long-term ...

Vistra Corp. (VST) is expected to deliver improvements in its top and bottom lines when it reports secondquarter 2024 results on Aug 8, before market open. Image Source: Zacks Investment Research The Zacks Consensus Estimate for VST's second-quarter revenues is pegged at $4.04 billion, indicating a 26.7% increase from the year-ago reported figure. The consensus estimate for earnings is pegged at $1.59 per share. The Zacks Consensus Estimate for VST's second-quarter earnings has moved up 93.9% in the past 60 ...