Vistra Corp

VST: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$97.00	Jfbr	Mjnpnccl

Vistra Earnings: Good Execution and Profitability Have Sent Stock Soaring

Travis Miller

Aug 9, 2023

We are reaffirming our $24 fair value estimate for Vistra after the company reported $1.0 billion in adjusted EBITDA in the second quarter, up 33% from the second quarter of 2022. Results are on track to meet our full-year outlook. We are reaffirming our no-moat rating.

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