Vistra(VST) Prnewswire·2025-05-07 11:00Core Insights - Vistra Corp. reported a net loss of 18 million in Q1 2024, primarily due to unrealized mark-to-market losses on derivative positions as energy prices increased [4][19] - Ongoing Operations Adjusted EBITDA for Q1 2025 was 810 million in Q1 2024, driven by strong retail performance and higher wholesale prices [4][6] - The company reaffirmed its 2025 guidance for Ongoing Operations Adjusted EBITDA in the range of 6.1 billion, and Ongoing Operations Adjusted Free Cash Flow before Growth in the range of 3.6 billion [6][7] Financial Performance - Operating revenues for Q1 2025 were 3,054 million in Q1 2024, reflecting a year-over-year increase [19] - The company’s cash flow from operations was 312 million in Q1 2024 [21] - Total available liquidity as of March 31, 2025, was approximately 561 million [8] Segment Performance - Adjusted EBITDA by segment for Q1 2025 included: Retail at (28) million), Texas at 429 million), East at 367 million), and West at 56 million) [4][22] - The retail segment showed significant improvement, contributing positively to the overall financial results [4][22] Strategic Initiatives - Vistra is focusing on expanding its fleet of zero-carbon resources, including solar, energy storage, and nuclear, as part of its long-term strategy [8][11] - The company has hedged approximately 100% of its expected generation volumes for 2025 and about 90% for 2026, which supports its financial guidance [7][11] Shareholder Returns - Since November 2021, Vistra has executed approximately 1.5 billion of the share repurchase authorization remaining available [11][12] - The company continues to prioritize returning capital to shareholders while investing in growth opportunities [11][12]