Vistra Posts 2 04% Decline Amid Mixed Q2 Earnings Trading Volume Ranks 124th as Renewables Push and Buybacks Take Center Stage

Vistra (VST) closed on August 13, 2025, with a 2.04% decline, trading a volume of $0.85 billion, ranking 124th in daily trading activity. The stock’s performance followed mixed quarterly results, with non-GAAP earnings per share and GAAP revenue falling short of analyst estimates due to higher plant outage costs and increased depreciation. Despite these challenges, the company reaffirmed its 2025 full-year guidance for adjusted EBITDA and free cash flow.

The utility giant reported Q2 2025 GAAP revenue of $4.25 billion, a 10.4% year-over-year increase but below the $4.74 billion forecast. Non-GAAP EPS came in at $0.37, lagging the $0.88 consensus. Segment performance was uneven, with Texas operations declining sharply due to outages at Martin Lake Unit 1, while the East segment saw growth. Vistra also advanced renewable projects, including 52 MW of solar and 2 MW of battery storage in Illinois, and announced a $1.4 billion buyback authorization as of August 1, 2025.

Strategic initiatives included the acquisition of seven natural gas plants from Lotus Infrastructure Partners and a 20-year license extension for the Perry Nuclear Plant. The company maintained $2.62 billion in liquidity as of June 30, 2025, while repurchasing $5.4 billion in shares since 2021. Management highlighted ongoing investments in renewables and storage, alongside efforts to balance capital expenditures, dividends, and buybacks within financial leverage targets.

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