Mar 31, 2022

Vistra Q1 2022 Earnings Report

Vistra reported first quarter 2022 results in line with company expectations and reaffirmed 2022 guidance with increased confidence.

Key Takeaways

Vistra reported a Net Loss of $(284) million for the first quarter of 2022. However, Ongoing Operations Adjusted EBITDA was $547 million. The company reaffirmed its 2022 Ongoing Operations Adjusted EBITDA and Adjusted FCFbG guidance.

Delivered first quarter 2022 Net Loss of $(284) million and Net Loss from Ongoing Operations of $(222) million.

Ongoing Operations Adjusted EBITDA was $547 million.

Reaffirmed 2022 Ongoing Operations Adjusted EBITDA and Ongoing Operations Adjusted FCFbG guidance ranges of $2,810 to $3,310 million and $2,070 to $2,570 million, respectively.

Executed ~$1,195 million of the authorized $2 billion share repurchase program as of May 3, 2022.

Total Revenue
$3.13B
Previous year: $3.21B
-2.6%
EPS
-$0.72
Previous year: -$4.21
-82.9%
Ongoing Ops Net Income
-$222M
Ongoing Ops Adj. EBITDA
$547M
Previous year: -$1.6B
-134.2%
Gross Profit
$430M
Previous year: -$1.91B
-122.5%
Cash and Equivalents
$1.02B
Previous year: $549M
+86.2%
Free Cash Flow
$218M
Previous year: -$1.85B
-111.8%
Total Assets
$32.8B
Previous year: $25.9B
+26.8%

Vistra

Vistra

Vistra Revenue by Segment

Forward Guidance

Vistra is reaffirming its 2022 Ongoing Operations Adjusted EBITDA and Ongoing Operations Adjusted FCFbG guidance ranges of $2,810 to $3,310 million and $2,070 to $2,570 million, respectively.

Revenue & Expenses

Visualization of income flow from segment revenue to net income