NewroadTrader

Buy $VST - NRPicks 14 May

Long
NYSE:VST   Vistra Corp.
Vistra Energy is a company that emerged from the bankruptcy of Energy Future Holdings as an independent entity in 2016. $VST is one of the largest power producers and retail suppliers in the U.S. It owns and operates 38 gigawatts of nuclear, coal and natural gas generation after acquiring Dynegy in 2018.

$VST released its 2020 Sustainability Report, where it mentioned its intention to achieve a 60% reduction by 2030 with the goal of achieving net zero carbon emissions by 2050, also committed $10 million over the next five years to support organizations that grow minority-owned small businesses, enhance economic development, and provide educational opportunities for students from diverse backgrounds.

The company also announced the pricing of a private offering of $1.25 billion of senior unsecured notes due 2029. intended to repay all amounts outstanding under the Issuer's Term Loan Facility A, specifically the $1.25 billion 364-day term loan the Issuer raised in March and April 2021 and to pay fees and expenses related to the Offering.

2021 1Q
- Revenue $3.2B
- Net income $2.04B
- P/E 9.11
- P/S 0.66
- P/B 1.28
Trade closed manually:
$17.60 June 07

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