secwatch.observer — SEC 8-K summary
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Issuer:     Vistra Corp. (VST)
CIK:        0001692819
Form:       8-K
Filed at:   2026-08-07T11:00:25+00:00
Accession:  0001692819-26-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vistra Q2 net income $305M; adjusted EBITDA up 30% YoY to $1,767M
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- GAAP Q2 net income $305M vs $327M YoY; includes $472M unrealized hedge loss.
- Ongoing Operations Adjusted EBITDA $1,767M, up 30%+ from $1,349M; Retail $773M, Texas $311M, East $642M.
- Reaffirmed 2026 guidance: Adj. EBITDA $6.8–7.6B; Adj. FCFbG $3.925–4.725B; hedged ~100% of 2026 volumes.
- Announced Helix Digital Infrastructure with KKR, KIA, NVIDIA; Vistra initial commitment up to $1.0B.
- FERC approved pending Cogentrix acquisition; ~$6.5B buybacks since Nov 2021; liquidity ~$6,295M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692819/000169281926000017/0001692819-26-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1692819/000169281926000017/vistra-20260807.htm
  HTML page:      https://secwatch.observer/filing/0001692819-26-000017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer