| Market Capitalization (Millions $) |
48,666 |
| Shares
Outstanding (Millions) |
339 |
| Employees |
6,390 |
| Revenues (TTM) (Millions $) |
19,212 |
| Net Income (TTM) (Millions $) |
3,431 |
| Cash Flow (TTM) (Millions $) |
182 |
| Capital Exp. (TTM) (Millions $) |
3,864 |
Business Description
Vistra Corp is a leading Texas-based energy company that provides retail and wholesale electricity, as well as renewable energy solutions, to residential, commercial, and industrial consumers across the United States. The company was founded in 2007 and is headquartered in Irving, Texas.
Vistra Corp has emerged as one of the leading electricity producers and retailers in the US, with operations spanning over 20 states. The company's retail brands include TXU Energy and Ambit Energy, which together serve more than 2 million residential and commercial customers. In addition, Vistra Corp operates some of the largest electricity generating assets in the country, including nuclear, natural gas, coal, and solar power plants.
The company's wholesale business includes the purchase and sale of electricity, and Vistra Corp has a leading market position in the Electric Reliability Council of Texas (ERCOT), which covers most of the state of Texas. Vistra Corp has the capacity to generate over 40,000 MW of electricity, making it one of the largest electricity generators in the country.
One of the key factors behind Vistra Corp's success has been its commitment to renewable energy. The company has invested heavily in developing wind and solar power projects, and has set a goal of reducing its carbon emissions by 50% by 2030. Vistra's renewable energy portfolio includes over 6,000 MW of wind and solar capacity, making it one of the largest renewable energy producers in the US.
In addition to its core energy business, Vistra Corp also has an energy storage business through its subsidiary, Dynegy. The company owns and operates several battery storage facilities in Texas and California, which are used to provide grid stability and support renewable energy integration.
Vistra Corp has a strong financial position, with a market capitalization of over $10 billion as of 2021. The company has consistently delivered strong financial results, with revenue of over $11 billion and net income of $1.4 billion in 2020.
Overall, Vistra Corp is a leading energy company that has established a dominant position in the US electricity market. The company's commitment to renewable energy, strong financial position, and extensive energy infrastructure make it well-positioned to continue its growth and expansion in the coming years.
Company Address: 6555 Sierra Drive, Irving, 75039 TX
Company Phone Number: 812-4600 Stock Exchange / Ticker: NYSE VST
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33.58 %