{"schema_version":"secwatch.filing_event.v1","accession":"0001692819-26-000011","form_type":"8-K","ticker":"VST","cik":"0001692819","company_name":"Vistra Corp.","filed_at":"2026-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.751403+00:00","generated_at":"2026-05-14T21:51:22.704434+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Vistra Q1 Net Income $1,029M; reaffirms FY26 EBITDA guidance $6.8-$7.6B","bullets":["GAAP net income of $1,029M vs. $(268)M YoY; includes $723M unrealized hedge gain.","Ongoing operations adjusted EBITDA of $1,494M, up $254M YoY on higher capacity prices.","Reaffirms FY26 guidance: adj. EBITDA $6.8-$7.6B; adj. FCFbG $3.925-$4.725B.","Targets closing 5,500-MW Cogentrix gas portfolio acquisition in H2 2026; signed long-term PPAs with Meta at PJM nuclear sites.","Fitch upgraded corporate credit to Investment Grade; ~$1.5B left in share buyback authorization."],"urls":{"canonical":"https://secwatch.observer/filing/0001692819-26-000011","json":"https://secwatch.observer/filing/0001692819-26-000011.json","markdown":"https://secwatch.observer/filing/0001692819-26-000011.md","text":"https://secwatch.observer/filing/0001692819-26-000011.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1692819/000169281926000011/0001692819-26-000011-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1692819/000169281926000011/vistra-20260507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T21:51:22.704434+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"09cd789d84d6e23a3a4f62791aacf2c7da160f66","claim":"Vistra Corp. reported quarter ended March 31, 2026 results: net income $1,029 million. Guidance reaffirmed.","evidence_excerpt":"For the quarter ended March 31, 2026, Vistra reported Net Income of $1,029 million and Ongoing Operations Adjusted EBITDA 1 of $1,494 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1692819/000169281926000011/0001692819-26-000011-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended March 31, 2026"},{"label":"Net income","value":"$1,029 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"8d7e3b8e8b49af27a71f5e662e8450ca2ccf4a8c","claim":"Vistra Corp. updated its fiscal year 2026 guidance (reaffirmed).","evidence_excerpt":"Reaffirmed 2026 Ongoing Operations Adjusted EBITDA 1 and Ongoing Operations Adjusted FCFbG 1 guidance ranges of $6.8 billion to $7.6 billion and $3.925 billion to $4.725 billion, respectively.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1692819/000169281926000011/0001692819-26-000011-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year 2026"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}