Added to YB: 2025-07-28
Pitch date: 2025-07-24
VST [neutral]
Vistra Corp.
-13.63%
current return
Author Info
No bio for this author
Company Info
Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company in the United States.
Market Cap
$69.2B
Pitch Price
$194.81
Price Target
N/A
Dividend
0.44%
EV/EBITDA
13.17
P/E
32.05
EV/Sales
4.82
Sector
Independent Power and Renewable Electricity Producers
Category
special_situation
PJM Capacity Market Dynamics & Vistra Corp. Impact
VST (update): PJM capacity auction hit $329/MW-day cap (up 22% YoY), securing ~$1.24B revenue for Vistra's 10.3GW fleet in 2026/27 (~20-25% of EBITDA). Every $10/MW-day = $37M annual EBITDA. Risks: regulatory intervention, market oversupply post-2028, state FRR exits. Energy Harbor nuke acquisition well-timed.
Read full article (19 min)