Tag Archives: VST

Vistra (VST), mcap=$10.5bn, price $24.34 vs $21.70

Electricity producer and power distributor, mainly in Texas. Trades under 5x normalized FCF. Due to high current energy prices, the company is locking in windfall profits through 2025. Aggressively returning capital to shareholders, with the current buyback program equal to 20% of mcap (more than half already implemented). Expects to return $7.5bn over 5 years. Insiders recently made open market purchases.