Vistra posts record Q3 profit, raises 2026 outlook and launches 2027 guidance
+3 new sources since this summary was written
Vistra Corp. reported third‑quarter 2026 net income of $1.14 billion and Ongoing Operations Adjusted EBITDA of $2.378 billion, up more than 50% year over year. The company lifted its 2026 EBITDA outlook to $7.1‑$7.5 billion and introduced a 2027 EBITDA range of $7.7‑$8.5 billion. Its board authorized an additional $1.5 billion share repurchase program and completed the Cogentrix Energy acquisition, adding roughly 5,500 MW of natural‑gas generation capacity.
Why it matters
The higher EBITDA guidance expands Vistra's projected earnings for the next two years, which analysts note could support the stock price (BMO Capital Markets kept an Outperform rating despite lowering its price target) and the new buyback authorisation may provide further upside for shareholders.
Key facts
- 1GAAP third‑quarter 2026 net income of $1,140 million, including a $559 million unrealized hedge gain. prnewswire.com
- 2Ongoing Operations Adjusted EBITDA of $2,378 million for the quarter, more than 50% growth YoY. prnewswire.com
- 32026 EBITDA guidance raised to a midpoint range of $7.1 billion to $7.5 billion. prnewswire.com
- 42027 EBITDA guidance initiated at $7.7 billion to $8.5 billion. prnewswire.com
- 5Board authorized an additional $1.5 billion of share repurchases, to be used by year‑end 2028. prnewswire.com
- 6Closed acquisition of Cogentrix Energy, adding approximately 5,500 MW of natural‑gas generation capacity. prnewswire.com
Summary written by AlphAI AI Desk from 15 of 15 sources. Not investment advice. Figures are as stated by the linked sources.