Vistra Corp.

VST
Sector

Utilities

Industry

Utilities - Independent Power Producers

Market Cap

$45.21B

Employees

4.9K

Company Overview

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.

Filing Highlights

Key insights and themes extracted from this filing

10 Themes

Financial Performance

3 Insights

Operating revenues decreased from $4,425 million in Q1 2023 to $3,054 million in Q1 2024, a substantial decline, indicating a weaker top-line performance. This is a 31% decrease year over year.

The company reported a net loss attributable to Vistra of $35 million in Q1 2024, a sharp contrast to the net income of $699 million in Q1 2023, demonstrating a significant deterioration in profitability.

Basic and diluted net loss per share was $(0.24) in Q1 2024, compared to $1.72 in Q1 2023, reflecting a major decline in profitability on a per-share basis.

Growth & Strategy

3 Insights

Management Execution

3 Insights

Risk Factors

3 Insights

Competitive Position

3 Insights

Operational Efficiency

3 Insights

Innovation & Technology

3 Insights

Capital Allocation

3 Insights

ESG initiatives

3 Insights

Market Environment

3 Insights