Vistra Corp. Starts Emerging From Deep Freeze

Summary

• Vistra is a $9.2 billion company, an independent power producer generating and selling electricity in Texas and other areas of the country. Over 60% of its generation is natural-gas fueled.
• The company was on the front lines of providing power in Texas during Winter Storm Uri in February 2021 and continues to recover from the large emergency costs it incurred.
• Vistra plans to retire eight coal plants with a capacity of 7,300 megawatts in the next six years and add more renewable capacity.

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Potential investors may consider Vistra Corp. (NYSE:VST) as a speculatively interesting buy - a well-rated independent power producer and retailer operating in growing markets - with a 3.1% dividend. It also has a

Analyst’s Disclosure:I/we have a beneficial long position in the shares of VST, SRE either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.