Vistra(US:VST)2024-08-08 15:19Financial Performance & Guidance - Vistra reported strong Q2 2024 financial results driven by the resilience of its integrated model, with Adjusted EBITDA of $1414 million[4,38] - The company is confirming its 2024 Adjusted EBITDA guidance range of $455 billion to $505 billion[4] - Vistra sees a 2025 Adjusted EBITDA midpoint opportunity range of $52 billion to $57 billion[4] Strategic Priorities & Capital Allocation - Vistra has returned approximately $5 billion to shareholders in less than 3 years through share repurchases and dividends[5] - The company expects to execute at least $225 billion of share repurchases over 2024 and 2025[5] - Vistra's net leverage is currently at 3x and is expected to improve to below 3x by year-end 2024[5] Hedging & Generation - Vistra's hedging program is comprehensive, with approximately 94% hedged for the remainder of 2024 and approximately 86% hedged for 2025[13] - Total generation for ongoing operations in Q2 2024 was 464 TWh, compared to 384 TWh in Q2 2023[27] - Retail customer count reached 2764k on June 30, 2024, a 15% year-over-year increase[22]