Vistra Corp. Financial (VST) Q3 2024 Earnings Breakdown

Key Highlights:

• Stock Activity: The company has been actively repurchasing its stock. In the three months ended September 30, 2023, Vistra repurchased $323 million worth of stock. ("Stock repurchases — — (323)") This suggests a focus on returning value to shareholders.
• Profitability: Vistra exhibited strong profitability during the three months ending September 30, 2023, with net income reaching $502 million. ("Net income — — — — 502 — 502") This indicates a healthy operational performance during the period.
• Dividends: The company consistently declared dividends on both common and preferred stock throughout 2023. ("Dividends declared on common stock — — — — (77)" and "Dividends declared on preferred stock — — — — (37)") Consistent dividend payments demonstrate commitment to shareholder returns.
• Revenue Segmentation: Vistra's revenue streams are diversified across various segments:
• Retail: The retail energy charge in ERCOT (Texas) contributed significantly to revenue, reaching $2,667 million in the three months ended September 30, 2023. ("Retail energy charge in ERCOT $ 2,667")
• Wholesale: Wholesale generation and capacity revenue from ISO/RTOs also played a crucial role, generating $1,289 million and $20 million, respectively, during the same period. ("Wholesale generation revenue from ISO/RTO — 697 354 79 159 — — 1,289" and "Capacity revenue from ISO/RTO (a) — — 12 — 8 — — 20")
• Other: Other revenue sources included intangible amortization, transferable PTC revenues, and hedging activities.