Energy Harbor deal, stronger Texas retail results boost Vistra quarterly EBITDA

Vistra on Aug. 8 reported lower second-quarter income than Q2 2023 but substantially stronger EBITDA, largely related to its acquisition of Energy Harbor, an Ohio nuclear generation and retail energy supplier, and strong retail margins in Texas. Vistra reported second-quarter GAAP earnings of $318 million, or 92.4 cents/share of common stock, in the second quarter, compared with Q2 2023’s $439…Vistra on Aug. 8 reported lower second-quarter income than Q2 2023 but substantially stronger EBITDA, largely related to its acquisition of Energy Harbor, an Ohio nuclear generation and retail energy supplier, and strong retail margins in Texas. Vistra reported second-quarter GAAP earnings of $318 million, or 92.4 cents/share of common stock, in the second quarter, compared with Q2 2023’s $439…  Read More