Financial Performance - Operating revenues for Q3 2024 increased to $6.288 billion, up from $4.086 billion in Q3 2023, representing a 53.9% growth[12] - Net income for Q3 2024 rose to $1.837 billion, compared to $502 million in Q3 2023, a 266% increase[12] - Net income per diluted share for Q3 2024 was $5.25, up from $1.25 in Q3 2023[12] - Total comprehensive income for Q3 2024 was $1.838 billion, compared to $500 million in Q3 2023[13] - Net income for the quarter ending June 30, 2024, was $467 million, driven by strong performance across key segments[20] - Net income attributable to Vistra for the nine months ended September 30, 2024 was $2.218 billion, compared to $1.677 billion for the same period in 2023[77] - Diluted earnings per share for the nine months ended September 30, 2024 was $5.86, up from $4.13 in the same period in 2023[77] - Revenues for the three months ended September 30, 2024, were $6.288 billion, a 29% increase from $4.872 billion in the same period in 2023[48] - Net income for the three months ended September 30, 2024, was $1.837 billion, a 385% increase from $379 million in the same period in 2023[48] Cash Flow and Capital Expenditures - Cash provided by operating activities for the nine months ended September 30, 2024, was $3.210 billion, down from $4.572 billion in the same period in 2023[14] - Capital expenditures, including nuclear fuel purchases and LTSA prepayments, totaled $1.648 billion for the nine months ended September 30, 2024[14] - Cash, cash equivalents, and restricted cash at the end of September 2024 stood at $940 million, down from $3.225 billion at the end of September 2023[15] - Cash and cash equivalents decreased to $905 million as of September 30, 2024, from $3.485 billion as of December 31, 2023[16] Acquisitions and Mergers - The company completed the Energy Harbor acquisition for $3.065 billion (net of cash acquired) in 2024[14] - The Energy Harbor Merger was completed on March 1, 2024, with a total purchase price of $4.596 billion, including $3.1 billion in cash consideration and $1.496 billion in fair value of net assets contributed to Vistra Vision[43] - Vistra maintained an 85% ownership interest in Vistra Vision post-merger, with the remaining 15% recorded as a noncontrolling interest[44] - The fair value of identifiable assets acquired in the Energy Harbor Merger was $8.923 billion, with adjustments of $138 million during the measurement period[45] - The fair value of identifiable liabilities assumed in the Energy Harbor Merger was $3.735 billion, with adjustments of $63 million during the measurement period[45] - Goodwill of $219 million was recorded as a result of the Energy Harbor Merger, representing expected synergies from combining operations[46] - Acquisition costs for the Energy Harbor Merger totaled $1 million for the three months ended September 30, 2024, compared to $8 million in the same period in 2023[49] Stock Repurchases and Dividends - Stock repurchases amounted to $1.021 billion for the nine months ended September 30, 2024[14] - Stock repurchases totaled $1,022 million from December 31, 2023, to September 30, 2024, reducing treasury stock[20] - Dividends declared on common stock amounted to $230 million for the nine months ending September 30, 2024[20] - Dividends declared on preferred stock totaled $135 million for the nine months ending September 30, 2024[20] - The Board authorized an additional $1.0 billion for share repurchases under the Share Repurchase Program in October 2024[40] Debt and Financing - The company issued $2.200 billion in long-term debt during the nine months ended September 30, 2024[14] - Long-term debt, less amounts due currently, increased to $13.945 billion as of September 30, 2024, from $12.116 billion as of December 31, 2023[16] - Long-term debt including debt due currently was $14.730 billion as of September 30, 2024, up from $14.402 billion at December 31, 2023[92] - Accounts receivable financing increased to $750 million as of September 30, 2024, compared to none at December 31, 2023[92] - Vistra Operations' total long-term debt as of September 30, 2024, is $14.73 billion, with $13.945 billion excluding amounts due currently[94][96] - Vistra Operations' credit facilities total $7.928 billion, including $5.656 billion in senior secured revolving credit commitments and term loans[97][98] - The Revolving Credit Facility was amended in October 2024, increasing revolving credit commitments to $3.44 billion and extending the maturity date to October 11, 2029[98] - The Term Loan B-3 Facility has a weighted average interest rate of 6.85% on outstanding borrowings of $2.481 billion as of September 30, 2024[100] - Vistra Operations' Commodity-Linked Facility was amended in October 2024, increasing aggregate available commitments to $1.75 billion and extending the maturity date to October 1, 2025[105] - The borrowing base of the Commodity-Linked Facility is $633 million as of September 30, 2024, with the potential to increase to $3.0 billion[105] - Vistra Operations' senior secured notes total $3.894 billion as of September 30, 2024, down from $5.65 billion as of December 31, 2023[94] - Vistra Operations' senior unsecured notes total $7.3 billion as of September 30, 2024, up from $6.3 billion as of December 31, 2023[94] - The applicable interest rate margin for the Revolving Credit Facility is 1.725%, with a fee of 27.0 basis points on undrawn amounts as of September 30, 2024[99] - The applicable interest rate margin for the Commodity-Linked Facility is 1.725%, with a fee of 27.0 basis points on undrawn amounts as of September 30, 2024[108] - Vistra Zero entered into a $700 million senior secured term loan (Term Loan B Facility) on March 26, 2024, with net proceeds of $690 million used for working capital and general corporate purposes[110] - The weighted average interest rate on the Term Loan B Facility was 7.60% as of September 30, 2024, with quarterly payments of $1.75 million required[111] - Vistra Operations issued $500 million of 6.000% senior secured notes due 2034 in April 2024, with net proceeds of approximately $495 million used for general corporate purposes[117] - Vistra Operations issued $1.0 billion of 6.875% senior unsecured notes due 2032 in April 2024, with net proceeds of approximately $990 million used for general corporate purposes[121] - Vistra Operations repurchased $759 million of senior secured notes in January 2024, recording an extinguishment gain of $6 million[124] - The Board authorized the voluntary repayment or repurchase of up to $1.0 billion of outstanding debt, with authorization expiring on December 31, 2024[125] - The Receivables Facility was amended to increase the purchase limit from $750 million to $1.0 billion in April 2024, with outstanding borrowings totaling $750 million as of September 30, 2024[126][128] - The Repurchase Facility was renewed until July 2025 with a facility size of $125 million[129] - There were no outstanding borrowings under the Repurchase Facility as of September 30, 2024 and December 31, 2023[131] Equity and Retained Earnings - Total equity increased to $5.455 billion as of September 30, 2024, from $5.322 billion as of December 31, 2023[18] - Retained deficit improved to $(759) million as of September 30, 2024, from $(2.613) billion as of December 31, 2023[18] - Redeemable noncontrolling interest was $3.198 billion as of September 30, 2024, compared to $0 as of December 31, 2023[17] - Total equity increased from $5,322 million at December 31, 2023, to $7,307 million at June 30, 2024, reflecting growth in retained earnings and additional paid-in capital[20] - Equity issued to acquire Energy Harbor contributed $2,307 million to total equity in Q1 2024[20] - Accumulated other comprehensive income increased by $1 million in Q3 2024, reflecting favorable market conditions[20] - Noncontrolling interest in subsidiaries decreased by $3,198 million in Q3 2024 due to modifications in ownership structure[20] - Retained deficit improved significantly, decreasing from $(2,613) million at December 31, 2023, to $(759) million at September 30, 2024[20] - Additional paid-in capital increased by $1,389 million from December 31, 2023, to September 30, 2024, primarily due to equity issuance and stock-based compensation[20] Revenue and Segment Performance - Retail energy charge revenue in ERCOT for the three months ended September 30, 2024, was $2.5 billion, contributing significantly to total revenue from contracts with customers[55] - Total other revenues for the three months ended September 30, 2024, were $1.947 billion, including $1.960 billion of unrealized net gains from mark-to-market valuations of commodity positions[55] - Intersegment sales for the three months ended September 30, 2024, included $1.456 billion in the Texas segment, $57 million in the East segment, and $68 million in the Sunset segment[56] - Retail energy charge in ERCOT generated $2.667 billion in revenue for the three months ended September 30, 2023[58] - Total revenue from contracts with customers for the three months ended September 30, 2023 was $4.789 billion[58] - Wholesale generation revenue from ISO/RTO capacity was $1.289 billion for the three months ended September 30, 2023[58] - Retail energy charge in ERCOT generated $6.241 billion in revenue for the nine months ended September 30, 2024[61] - Total revenue from contracts with customers for the nine months ended September 30, 2024 was $11.099 billion[61] - Wholesale generation revenue from ISO/RTO capacity was $1.290 billion for the nine months ended September 30, 2024[61] - Unrealized net gains from mark-to-market valuations of commodity positions totaled $1.571 billion for the nine months ended September 30, 2024[62] - Intersegment unrealized net gains in the Texas segment were $547 million for the nine months ended September 30, 2024[62] - Intersegment unrealized net losses in the East segment were $114 million for the nine months ended September 30, 2024[62] - Retail energy charge in ERCOT generated $6,079 million in revenue[64] - Wholesale generation revenue from ISO/RTO amounted to $1,242 million[64] - Total revenue from contracts with customers reached $10,924 million[64] - Unrealized net gains from mark-to-market valuations totaled $1,020 billion[65] - Remaining performance obligations for 2024-2029 and thereafter total $3,052 million[66] Assets and Liabilities - Total assets increased to $37.878 billion as of September 30, 2024, compared to $32.966 billion as of December 31, 2023[16] - Trade accounts receivable increased to $2.179 billion as of September 30, 2024, from $1.674 billion as of December 31, 2023[16] - Inventories increased to $949 million as of September 30, 2024, from $740 million as of December 31, 2023[16] - Goodwill increased to $2.802 billion as of September 30, 2024, up from $2.583 billion at December 31, 2023, primarily due to the Energy Harbor Merger[78] - Identifiable intangible assets subject to amortization totaled $816 million as of September 30, 2024, up from $523 million at December 31, 2023[80] - Estimated amortization expense of identifiable intangible assets for 2024 is $313 million, with $222 million projected for 2025[85] - Total assets measured at fair value increased to $8,184 million as of September 30, 2024, from $6,173 million as of December 31, 2023[152] - Total liabilities measured at fair value decreased to $4,704 million as of September 30, 2024, from $6,946 million as of December 31, 2023[152] - Trade accounts receivable as of September 30, 2024, stood at $2,179 million[67] - Allowance for uncollectible accounts increased by $132 million in 2024[68] Derivatives and Risk Management - Vistra has entered into interest rate swaps with notional amounts of $3,000 million (fixed), $700 million (variable), and $1,625 million (fixed), expiring between July 2026 and December 2030[135][136] - As of September 30, 2024, Vistra's derivative contractual assets and liabilities totaled $3,690 million in assets and $4,654 million in liabilities, resulting in a net liability of $964 million[139] - Commodity contracts contributed $1,206 million to operating revenues and $128 million to fuel, purchased power costs, and delivery fees for the three months ended September 30, 2024[140] - Interest rate swaps resulted in a $73 million loss in interest expense and related charges for the three months ended September 30, 2024[140] - Gross notional amounts of natural gas derivatives were 4,775 million MMBtu as of September 30, 2024, down from 5,335 million MMBtu as of December 31, 2023[145] - Electricity derivatives had a gross notional amount of 786,155 GWh as of September 30, 2024, compared to 800,001 GWh as of December 31, 2023[145] - Financial transmission rights derivatives totaled 243,755 GWh as of September 30, 2024, down from 250,895 GWh as of December 31, 2023[145] - Interest rate swaps with variable/fixed rates had a gross notional amount of $4,625 million as of September 30, 2024, compared to $5,225 million as of December 31, 2023[145] - Derivative contract liabilities fair value decreased to $1,369 million as of September 30, 2024, from $1,890 million as of December 31, 2023[147] - Total credit risk exposure related to derivative contracts was $4.077 billion as of September 30, 2024, with net exposure of $827 million after netting arrangements and collateral[148] - The banking and financial sector represented 75% of total credit risk exposure and 25% of net exposure as of September 30, 2024[148] - NDT debt securities had an average coupon rate of 3.96% as of September 30, 2024, with $1.011 billion maturing in one to five years, $616 million in five to 10 years, and $478 million after 10 years[153] - Natural gas to power correlation ranged from 10% to 100%, with an average of 55% as of September 30, 2024[156] - Power and natural gas volatility ranged from 5% to 710%, with an average of 359% as of September 30, 2024[157] - Illiquid delivery periods for hub power prices and Heat Rates ranged from $35 to $20 MWh, with an average of $7 MWh as of September 30, 2024[159] - Electricity purchases and sales fair value was $773 million in assets and $1,235 million in liabilities, resulting in a net value of $(462) million as of September 30, 2024[160] - Total net liabilities for electricity purchases and sales contracts amounted to $824 million, with assets at $449 million and liabilities at $1,273 million[161] - The average hourly price curve shape for electricity contracts ranged from $85 to $44 per MWh, with an average of $44[161] - Natural gas to power correlation ranged from 10% to 100%, with an average of 55%[161] - Power and natural gas volatility ranged from 10% to 870%, with an average of 441%[161] - The net liability balance at the end of the period was $517 million, down from $1,284 million at the beginning of the period[164] - Unrealized valuation gains for the period were $361 million, compared to losses of $486 million in the previous period[164] Legal and Regulatory Matters - The company faces litigation related to natural gas index pricing manipulation claims dating back to 2000-2002, with a class certification appeal pending in the Seventh Circuit Court[183] - A complaint filed by the Illinois Attorney General against IG&E alleges improper marketing and overcharging, with claims now limited to the period starting May 2017[184] - The company is involved in legal proceedings related to Ohio House Bill 6, with civil RICO complaints pending against Energy Harbor companies[185] - The Texas Supreme Court reversed a lower court decision, upholding the PUCT's pricing orders related to Winter Storm Uri[187] - Multiple personal injury and

Financial Performance & Guidance - Q3 2024 Adjusted EBITDA was $1,444 million[4], despite a milder Texas summer compared to 2023[4, 15] - Vistra is upgrading its 2024 Adjusted EBITDA guidance range to $50-$52 billion and Adjusted FCFbG guidance range to $265-$285 billion[4] - The company initiates 2025 Adjusted EBITDA guidance range of $55-$61 billion and Adjusted FCFbG guidance range of $30-$36 billion[4] - Vistra estimates a 2026 Adjusted EBITDA Midpoint Opportunity of $6 billion+[4] Capital Allocation & Strategic Priorities - Approximately $35 billion was allocated to equity repurchases in Q3 2024[4] - Vistra expects to execute at least $325 billion of share repurchases for 2024-2026[10] - The company projects at least $15 billion of incremental capital available for allocation through 2026[10, 28] - Vistra agreed to acquire Vistra Vision Minority Interest for approximately $31 billion[4, 11], increasing ownership interest in carbon-free nuclear (~970 MW) and energy storage & solar (~200 MW)[11] Hedging & Market Outlook - Vistra's comprehensive hedging program provides increased visibility, with approximately 100% hedged for the remainder of 2024, approximately 96% for 2025, and approximately 64% for 2026[22] - The company's current net leverage is approximately 27x[10], meeting the long-term target of less than 3x[10]

Financial Data and Key Metrics Changes - The ongoing operations adjusted EBITDA for Q3 2024 was reported at $1.444 billion, despite milder weather conditions in Texas [9] - The guidance for 2024 ongoing operations adjusted EBITDA has been raised to a range of $5.0 billion to $5.2 billion, with a midpoint above the previous upper end [10] - The ongoing operations adjusted free cash flow before growth guidance for 2024 has also been raised to $2.65 billion to $2.85 billion [10][37] - For 2025, the ongoing operations adjusted EBITDA guidance is set at $5.5 billion to $6.1 billion, with a midpoint of $5.8 billion, higher than the previous range [12] Business Line Data and Key Metrics Changes - The retail business is expected to contribute adjusted EBITDA in the range of $1.3 billion to $1.4 billion annually, up from previous expectations of $1 billion to $1.2 billion [39] - The inclusion of Energy Harbor contributed approximately $165 million to generation and $35 million to retail in Q3 2024 [36] Market Data and Key Metrics Changes - The company noted robust load growth in both PJM and ERCOT markets, exceeding historical rates and trending towards long-term forecasts [31] - The demand growth is driven by factors such as large chip manufacturing facilities, electrification in the Permian Basin, and data center expansions [30] Company Strategy and Development Direction - The company maintains four key strategic priorities, focusing on an integrated business model and comprehensive hedging program to enhance financial performance visibility [19] - The acquisition of the Vistra Vision 15% minority interest is viewed as an attractive investment in carbon-free assets and retail franchise [26] - The company plans to allocate approximately $700 million in 2024 and 2025 for development projects, including solar projects for major clients [45] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to adapt to changing market conditions and emphasized the importance of resource adequacy discussions with stakeholders [75][60] - The company is optimistic about the long-term demand growth and is actively pursuing opportunities to meet this demand [68][66] Other Important Information - The company has returned approximately $5.4 billion to investors through share repurchases and dividends since Q4 2021 [23] - The net debt at the end of Q3 was approximately 2.7 times ongoing operations adjusted EBITDA, expected to rise slightly above 3 times with the recent acquisition but anticipated to fall below 3 times by 2025 [25][43] Q&A Session Summary Question: Impact of Susquehanna ISA rejection on customer conversations - Management acknowledged disappointment with the ruling but emphasized ongoing discussions and multiple paths forward for co-located deals [53][54] Question: Thoughts on additionality in ERCOT - Management indicated that resource adequacy is a concern and that they are actively discussing how to add resources to meet load growth [57][60] Question: Interest in co-location at gas plants in ERCOT - Management confirmed ongoing discussions with developers about co-location deals and new generation builds [66] Question: Timing of Comanche Peak discussions - Management noted that discussions are ongoing and that the site remains attractive due to its speed-to-market advantage [70] Question: Availability of resources during peak times in ERCOT - Management confirmed that solutions are being explored to ensure generation availability during sensitive periods [72] Question: Thoughts on new build gas and coal fleet post-election - Management stated that policy predictions are challenging, but they remain flexible and open to opportunities across their diversified portfolio [74] Question: Meaningful EBITDA impact from data center deals by 2026-2027 - Management indicated that significant impacts are unlikely in the near term due to the lengthy development processes involved [97] Question: Pricing differential between nuclear and gas assets - Management refrained from sharing specific pricing differences but noted that customers consider various factors, including carbon-free attributes [99] Question: Transmission capacity around PJM assets - Management confirmed that studies have shown co-location is feasible without negative impacts on the grid, emphasizing the speed-to-market advantage [103]

Earnings Performance - Vistra Corp (VST) is expected to report a 21.4% increase in third-quarter 2024 revenues to $4.96 billion, but a 0.8% year-over-year decline in earnings per share to $1.24 [2] - The Zacks Consensus Estimate for VST's third-quarter earnings has been revised downward by 31.9% over the past 60 days [2] - VST has consistently missed earnings expectations in the last four quarters, with an average negative surprise of 83.33% [4][5] Financial Metrics and Valuation - VST's total debt to capital ratio stands at 68.5%, significantly higher than the industry average of 60.05% [9] - The company is trading at a forward 12-month P/E multiple of 21.11X, compared to the industry average of 15.95X [14] - VST shares have declined 7.1% in the last month, underperforming the industry's 0.1% decline [12] Operational Factors - VST's operating costs and SG&A expenses increased by 30% and 21.6%, respectively, in the first six months of 2024, potentially impacting third-quarter earnings [8] - The company is benefiting from increasing demand for clean electricity, particularly from U.S. data centers and Permian electrification [10] - VST's share repurchase program, aiming to buy back $2.25 billion worth of shares between 2024 and 2025, is expected to positively impact earnings per share [11] Strategic Initiatives - VST is expanding its generation capabilities through organic growth and acquisitions, including the Energy Harbor Corporation deal, which is expected to generate $150 million in annual synergies by 2026 [16] - The company is increasing its clean energy generation capacity to meet rising demand in its service area [18]

Company Overview - Vistra Corp. (VST) is expected to report a year-over-year decline in earnings of -0.8% with an EPS of $1.24, while revenues are projected to increase by 21.4% to $4.96 billion for the quarter ended September 2024 [3][4]. Earnings Expectations - The stock price may rise if actual earnings exceed expectations in the upcoming earnings report scheduled for November 7, while a miss could lead to a decline in stock price [2][10]. - The consensus EPS estimate has been revised down by 30.14% over the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Most Accurate Estimate for Vistra matches the Zacks Consensus Estimate, resulting in an Earnings ESP of 0%, which complicates predictions of an earnings beat [10]. - Vistra currently holds a Zacks Rank of 5 (Strong Sell), making it challenging to predict a positive earnings surprise [10]. Historical Performance - In the last reported quarter, Vistra's expected EPS was $1.59, but it only achieved $0.90, resulting in a surprise of -43.40% [11]. - The company has not beaten consensus EPS estimates in any of the last four quarters [12]. Industry Context - Pinnacle West (PNW), another player in the Zacks Utility - Electric Power industry, is expected to report an EPS of $3.33, reflecting a year-over-year decline of -4.9%, with revenues projected to rise by 2.4% to $1.68 billion [16]. - Pinnacle West's consensus EPS estimate has been revised down by 525% over the last 30 days, but it has a positive Earnings ESP of 5.49% and a Zacks Rank of 3 (Hold), indicating a likelihood of beating the consensus EPS estimate [17].

IRVING, Texas, Oct. 30, 2024 /PRNewswire/ -- Vistra (NYSE: VST) announced today that its board of directors has declared a quarterly dividend of $0.2215 per share of Vistra's common stock, reflecting an estimated aggregate payment of $75 million this quarter. The common dividend is payable on Dec. 31, 2024, to common stockholders of record as of Dec. 20, 2024. The ex-dividend date for the common dividend will be Dec. 20, 2024. Additionally, the board of directors also declared a semi-annual dividend on the ...

Vistra Corp. (VST) ended the recent trading session at $126.66, demonstrating a -0.88% swing from the preceding day's closing price. The stock's change was less than the S&P 500's daily gain of 0.16%. Elsewhere, the Dow saw a downswing of 0.37%, while the tech-heavy Nasdaq appreciated by 0.78%. Shares of the company have appreciated by 7.79% over the course of the past month, outperforming the Utilities sector's loss of 2.61% and the S&P 500's gain of 1.67%. Market participants will be closely following the ...

In the latest trading session, Vistra Corp. (VST) closed at $126.11, marking a +0.86% move from the previous day. This move outpaced the S&P 500's daily loss of 0.92%. Elsewhere, the Dow saw a downswing of 0.96%, while the tech-heavy Nasdaq depreciated by 1.6%.The company's shares have seen an increase of 11.25% over the last month, surpassing the Utilities sector's loss of 1.17% and the S&P 500's gain of 2.68%.Analysts and investors alike will be keeping a close eye on the performance of Vistra Corp. in it ...

Core Viewpoint - Vistra Corp. is currently trading at a premium valuation compared to its industry peers, raising questions about whether this premium is justified given its recent financial performance and market conditions [1][3]. Valuation Comparison - Vistra's forward 12-month price-to-earnings (P/E) ratio is 22.6X, significantly higher than the Zacks Utility Electric Power industry average of 16.79X [1]. - Compared to Duke Energy Corporation, which has a P/E ratio of 19.1X, Vistra's premium valuation is notable [1]. Financial Performance - Vistra's total debt to capital ratio is 68.5%, exceeding the industry average of 60.05%, primarily due to the acquisition of Energy Harbour Corporation [4]. - The company's current ratio is 0.98, indicating potential liquidity issues as current liabilities surpass current assets [4]. - Operating costs and selling, general, and administrative expenses increased by 30% and 21.6%, respectively, in the first half of 2024, leading to a decline in operating income and net income by 48.08% and 58.7% year-over-year [4]. Earnings Estimates and Surprises - Vistra has experienced negative earnings surprises in the last four quarters, with an average negative surprise of 83.33% [5][6]. - Earnings estimates for 2024 and 2025 have declined by 2.67% and 13.7%, respectively, over the past 60 days, reflecting analysts' decreasing confidence in the stock [7]. Growth Opportunities - The demand for clean electricity is projected to increase by 55 gigawatts (GW) by 2030, driven by U.S. data centers and electrification in the Permian region [10]. - Vistra's acquisition of Energy Harbor Corporation added nearly 4,000 megawatts (MW) of nuclear generation capacity, enhancing its overall capacity to 6,400 MW [10]. - Major tech companies are expected to invest nearly $1 trillion in data centers over the next five years, positioning Vistra to benefit from this rising demand [10]. Strategic Initiatives - Vistra has a comprehensive hedging program in place, with substantial generation volumes for 2024 and 2025 already hedged [11]. - The company operates large energy storage projects totaling 1,020 MW, which support grid stability and the development of renewable energy projects [11]. Shareholder Value - Vistra plans to execute at least $2.25 billion in share repurchases from 2024 to 2025 and at least $1 billion in 2026, having already repurchased $4.25 billion in shares since November 2021 [12]. - The company also intends to pay $300 million in aggregate common dividends annually from 2024 to 2026 [12].

IRVING, Texas, Oct. 7, 2024 /PRNewswire/ -- Vistra (NYSE: VST) plans to report its third quarter 2024 financial and operating results on Thursday, Nov. 7, 2024, during a live conference call and webcast beginning at 10 a.m. ET (9 a.m. CT). The live webcast can be accessed via Vistra's website at www.vistracorp.com under "Investor Relations" and then "Events & Presentations." Participants can also listen by phone by registering here prior to the start time of the call to receive a conference call dial-in num ...