Vistra Q4 2019 Earnings Report
Key Takeaways
Vistra Energy reported strong 2019 results, exceeding guidance midpoint for the fourth consecutive year. The company delivered Ongoing Operations Adjusted EBITDA of $3,393 million and Net Income from Ongoing Operations of $1,035 million. Vistra is focused on further strengthening the balance sheet and providing long-term capital allocation clarity later in the year.
Delivered 2019 Ongoing Operations Adjusted EBITDA of $3,393 million and Net Income from Ongoing Operations of $1,035 million.
Delivered 2019 Ongoing Operations Adjusted Free Cash Flow before Growth of $2,437 million.
Reaffirmed 2020 Ongoing Operations Adjusted EBITDA and Ongoing Operations Adjusted FCFbG guidance ranges of $3.285 to $3.585 billion and $2.16 to $2.46 billion, respectively.
Achieved $565 million of the projected $715 million of Dynegy merger synergy and Operations Performance Initiative EBITDA value lever targets by year-end 2019.
Vistra
Vistra
Vistra Revenue by Segment
Forward Guidance
Vistra is reaffirming its 2020 Ongoing Operations Adjusted EBITDA and Ongoing Operations Adjusted FCFbG guidance ranges of $3,285 to $3,585 million and $2,160 to $2,460 million, respectively.
Revenue & Expenses
Visualization of income flow from segment revenue to net income