Vistra Corp

VST: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$51.00	Phx	Fncxfbvj

Vistra's Energy Harbor Acquisition Expands Its Footprint

Travis Miller

Jun 30, 2023

Business Strategy and Outlook

After exiting the Energy Future Holdings bankruptcy in 2016, Vistra Energy now is entering its second phase of life. The $5.7 billion acquisition of Energy Harbor and the restructuring announced in March 2023 pave a strategic path to becoming a leading energy player in markets outside of Texas and boosts its clean energy credentials.

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