Vistra Energy (VST) stock charged higher today after the energy company released its Q4 2024 earnings report. Fueling this rally is net income of $490 million, a positive switch from the $184 million net loss reported in Q4 2023. Adding to that is net income of $2.81 billion in 2024, an 88.59% increase year-over-year from $1.49 billion.
Vistra Energy attributed its strong 2024 net income to a variety of factors. That includes unrealized mark-to-market gains on derivative positions, the addition of Energy Harbor, and increased revenue from nuclear production tax credits recorded in Q4. These also helped push its Ongoing Operations Adjusted EBITDA for the year to $1.99 billion from $965 million in 2023.
VST stock is reacting well to the company’s latest earnings report as shares rally 7.15% higher in pre-market trading today. That follows a 7.45% increase yesterday leading to today’s earnings report. The stock has also gained 7.49% year-to-date and 182.32% over the past 52 weeks.
Vistra Energy 2025 Guidance
Vistra Energy also provided investors with its 2025 outlook in its most recent earnings report. The company expects Ongoing Operations Adjusted EBITDA to range from $5.5 billion to $6.1 billion while Ongoing Operations Adjusted FCFbG comes in between $3 billion and $3.6 billion.
Vistra Energy president and CEO Jim Burke said the company is “well-positioned to serve customer needs and grow with the overall electrification trends in our industry” and that it looks forward to “executing our 2025 priorities.”
Is VST Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for Vistra Energy is Strong Buy based on six Buy and one Hold ratings over the last three months. With that comes an average price target of $194.17, a high of $212, and a low of $173. This represents a potential 31.03% upside for VST stock. These ratings and price targets will likely change as analysts update their coverage after today’s earnings report.
