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Jun 30, 2021
Vistra Q2 2021 Earnings Report
Vistra reported mixed results in Q2 2021, with net income of $35 million and ongoing operations adjusted EBITDA of $825 million, which includes impacts from Winter Storm Uri; excluding these impacts, ongoing operations adjusted EBITDA was $909 million.
Key Takeaways
Vistra's Q2 2021 results showed a net income of $35 million. The Ongoing Operations Adjusted EBITDA was $825 million, but excluding the impacts of Winter Storm Uri, it reached $909 million. The company reaffirmed its 2021 Ongoing Operations Adjusted EBITDA and Adjusted Free Cash Flow before Growth guidance.
Delivered second quarter 2021 Net Income of $35 million and Net Income from Ongoing Operations of $49 million.
Second quarter 2021 Ongoing Operations Adjusted EBITDA was $909 million, which excludes the impacts from Winter Storm Uri and was in-line with management expectations for the period, but including Uri impacts, it was $825 million.
Reaffirmed 2021 Ongoing Operations Adjusted EBITDA and Ongoing Operations Adjusted Free Cash Flow before Growth guidance ranges of $1,475 to $1,875 million and $200 to $600 million, respectively.
Implemented post-Uri activities including investing nearly $50 million in 2021 for enhanced weatherization of power generating units in the ERCOT market.
Revenue by Segment
Forward Guidance
Vistra is reaffirming its 2021 Ongoing Operations Adjusted EBITDA and Ongoing Operations Adjusted FCFbG guidance ranges of $1,475 to $1,875 million and $200 to $600 million, respectively.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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