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Jun 30, 2024
Vistra Q2 2024 Earnings Report
Vistra reported strong Q2 2024 results with solid performance across its segments.
Key Takeaways
Vistra Corp. reported a Net Income of $467 million and Ongoing Operations Adjusted EBITDA of $1,414 million for the second quarter of 2024. The company reaffirmed its midpoint guidance for 2024 Ongoing Operations Adjusted EBITDA of $4,800 million, excluding any potential contribution from the nuclear production tax credit.
GAAP second quarter 2024 Net Income of $467 million.
Cash Flow from Operations of $1,196 million.
Net Income from Ongoing Operations of $492 million.
Ongoing Operations Adjusted EBITDA of $1,414 million.
Vistra
Vistra
Vistra Revenue by Segment
Revenue by Segment
Retail Revenue
CapyFin.comTexas Revenue
CapyFin.comEast Revenue
CapyFin.comWest Revenue
CapyFin.comCorporate and Other Revenue
CapyFin.comAsset Closure Revenue
CapyFin.com Forward Guidance
Vistra is confident that it will achieve Ongoing Operations Adjusted EBITDA results toward the upper end of its guidance range for 2024. The company is increasing the range of its midpoint opportunity for 2025 Ongoing Operations Adjusted EBITDA by $200 million to $5,200 million to $5,700 million.
Positive Outlook
- Company expects to achieve Ongoing Operations Adjusted EBITDA results toward the upper end of its guidance range for 2024.
- Company increased the range of its midpoint opportunity for 2025 Ongoing Operations Adjusted EBITDA by $200 million to $5,200 million to $5,700 million.
- Vistra has hedged approximately 94% of its expected generation volumes for the balance of 2024.
- Vistra has hedged approximately 86% for 2025.
- Vistra has hedged approximately 55% for 2026.
Revenue & Expenses
Visualization of income flow from segment revenue to net income