Sector: Utilities|Industry: Utilities - Independent Power Producers|Market Cap: $45.21B|Employees: 4.9K
Vistra Corp. is an integrated retail electricity and power generation company. They serve approximately 4 million residential, commercial, and industrial retail customers with electricity and natural gas in 20 states and the District of Columbia. Vistra's generation fleet totals approximately 37,000 megawatts of capacity powered by a diverse portfolio including natural gas, nuclear, coal, solar, and battery energy storage. They are one of the largest competitive residential retail electricity providers in the U.S.
Net income attributable to Vistra common stock increased to $1.5 billion for the year ended December 31, 2023, compared to a loss of $1.2 billion in the prior year, primarily due to favorable market conditions and effective hedging strategies.
Operating revenues increased to $14.779 billion, while fuel and purchased power costs totaled $7.557 billion, highlighting the continued impact of fuel costs on overall profitability.
Adjusted EBITDA reached $4.161 billion, demonstrating strong operational performance and effective risk management, despite market volatility.