earnings
confidence high
sentiment positive
materiality 0.80
Vistra Q2 Net Income $467M, raises 2025 EBITDA midpoint by $200M to $5.2-5.7B
Vistra Corp.
2024-Q2 EPS reported
$0.66
revenue$6,899,000,000
- Q2 2024 Net Income $467M; Ongoing Operations Adj EBITDA $1,414M, up $406M YoY.
- Reaffirmed 2024 guidance midpoint; 2025 Ongoing Ops Adj EBITDA midpoint opportunity raised to $5.2B-$5.7B.
- Signed 605 MW PPAs with Microsoft (405 MW IL) and Amazon (200 MW TX); adding up to 2,000 MW gas in ERCOT.
- Comanche Peak NRC license extended 20 years to 2050/2053; share repurchases ~$4.25B since Nov 2021.
- Liquidity $3.85B; expects ≥$2.25B share repurchases in 2024-2025.