August 19, 2017 1:02 PM ET

Independent Power and Renewable Electricity Producers

Company Overview of Vistra Energy Corp.

Company Overview

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

United States

4,427 Employees

Phone:

214-812-4600

Key Executives for Vistra Energy Corp.

Chief Executive Officer, President and Director
Age: 57
Total Annual Compensation: $233.8K
Chief Financial Officer and Executive Vice President
Age: 56
Total Annual Compensation: $195.4K
Chief Operating Officer and Executive Vice President
Age: 49
Total Annual Compensation: $1.2M
Chief Administrative Officer and Executive Vice President
Age: 49
Total Annual Compensation: $305.8K
Senior Vice President of Corporate Development and Strategy
Age: 34
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

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

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

Vistra Energy Corp. announced that they will report Q2, 2017 results at 12:00 PM, GMT Standard Time on Aug 04, 2017

Similar Private Companies By Industry

Company Name Region
2COR9 LLC United States
8minutenergy Renewables, LLC United States
93LF 8ME LLC United States
A & N Electric Cooperative, Inc. United States
Abengoa US Operations, LLC United States

Recent Private Companies Transactions

Type
Date
Target
Bankruptcy
May 19, 2017
J & D Restaurant Group, LLC
Merger/Acquisition
May 17, 2017
Upton County Solar 2 Development Project in West Texas
\
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
The Advertising Council, Inc. United States
Bertelsmann AG Europe
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Vistra Energy Corp., please visit www.vistraenergy.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.