Professional
Added to YB: 2024-05-07
Pitch date: 2024-05-01
VST [bullish]
Vistra Corp.
+121.98%
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
$76.63
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
value
Third Point Portfolio Holding: Vistra Corp.
VST: Major IPP & retail electricity provider. Historically cheap due to stagnant demand & renewables volatility. Smart capital allocation: shut unprofitable coal, buybacks, nuclear acquisition. Poised to benefit from rising renewables penetration needing dispatchable power & demand growth from AI/data centers (+800 TWh by 2030) and EVs (+1% annual growth). Nuclear provides cheap 24/7 clean energy vs renewables. Expect valuation discount to narrow as Vistra becomes increasingly essential.
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