Independent Power and Renewable Electricity Producers
Company Overview of Vistra Energy Corp.
Vistra Energy Corp., an energy company, operates as an integrated power business in Texas. The company operates through two segments, Wholesale Generation and Retail Electricity. The Wholesale Generation segment engages in the electricity generation, wholesale energy sales and purchases, commodity risk management activities, fuel production, and fuel logistics management activities. As of March 30, 2017, this segment had a fleet of generation facilities totaling approximately 17,000 megawatts of generation in Texas, including 2,300 megawatts fueled by nuclear power, 8,000 megawatts fueled by coal, and 6,000 megawatts fueled by natural gas. The Retail Electricity segment is involved in the re...
6555 Sierra Drive
Irving, TX 75039
Key Executives for Vistra Energy Corp.
Chief Executive Officer, President and Director
Total Annual Compensation: $233.8K
Chief Financial Officer and Executive Vice President
Total Annual Compensation: $195.4K
Chief Operating Officer and Executive Vice President
Total Annual Compensation: $1.2M
Chief Administrative Officer and Executive Vice President
Total Annual Compensation: $305.8K
Senior Vice President of Corporate Development and Strategy
Total Annual Compensation: $98.5K
Compensation as of Fiscal Year 2016.
Vistra Energy Corp. Key Developments
Vistra Energy Corp. Announces Unaudited Consolidated Earnings Results for the Second Quarter and First Six Months Ended June 30, 2017; Re-Affirms Earnings Guidance for the Full Year Ending December 31, 2017
Aug 4 17
Vistra Energy Corp. announced unaudited consolidated earnings results for the second quarter and first six months ended June 30, 2017. For the quarter, the company announced operating revenues of $1,296 million. Operating income was $53 million. Loss before income taxes was $34 million. Net loss was $26 million or $0.06 per basic and diluted share. Adjusted EBITDA was $345 million.
For the six months, the company announced operating revenues of $2,653 million. Operating income was $207 million. Income before income taxes was $85 million. Net income was $52 million or $0.12 per basic and diluted share. Cash provided by operating activities was $333 million and capital expenditures were $63 million. Adjusted EBITDA was $621 million.
The company re-affirmed earnings guidance for the full year ending December 31, 2017. The company is reaffirming its 2017 guidance ranges, reflecting an adjusted EBITDA range of $1,350 million to $1,500 million and an adjusted free cash flow range of $745 million to $925 million. The company expects to report: net income between $123 million and $221 million; depreciation and amortization of $676 million; cash provided by operating activities between $1,072 million and $1,252 million; capital expenditures including nuclear fuel of $219 million; free cash flow between $843 million and $1,023 million.
Vistra Energy Corp. Appoints Scott Helm to its Board and Member of the Audit Committee
Jul 14 17
On July 14, 2017, upon the recommendation of the Nominating and Governance Committee of the Board of Directors of Vistra Energy Corp. (the Company), and in accordance with the Company’s certificate of incorporation and bylaws, the Board increased its size to eight directors and elected Scott Helm to the Board, effective immediately. Mr. Helm will serve as a Class I director of the Board until the expiration of his term on the date of the Company’s annual meeting of stockholders in 2020 and until his successor is elected and qualified. Additionally, upon the recommendation of the Nominating and Governance Committee, the Board approved the appointment of Mr. Helm as a member of the Audit Committee of the Board. Mr. Helm is a private investor and most recently was a founding partner of Energy Capital Partners. Prior to founding Energy Capital Partners, from 1998 until 2002, Mr. Helm was executive vice president and chief financial officer of Orion Power Holdings Inc.
Vistra Energy Corp. to Report Q2, 2017 Results on Aug 04, 2017
Jun 29 17
Vistra Energy Corp. announced that they will report Q2, 2017 results at 12:00 PM, GMT Standard Time on Aug 04, 2017
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