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Can Multi-Fuel Generation Act as a Tailwind for VST Stock?

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Key Takeaways

  • VST's diverse fuel mix enables grid reliability, cash flow stability and long-term growth potential.
  • Vistra's 2025 and 2026 sales estimates imply year-over-year growth of 29.87% and 3.27%, respectively.
  • VST's trailing 12-month ROE is 87.33%, significantly outperforming the industry average of 10.41%.

Vistra Corp.’s (VST - Free Report) multi-fuel generation portfolio significantly enhances its long-term growth potential. With a balanced mix of natural gas, nuclear, coal, and increasing renewable and battery storage, Vistra is well-positioned to navigate the evolving U.S. energy landscape. This multi-fuel approach allows the company to maintain grid reliability, optimize generation economics and capitalize on regional market dynamics, particularly during periods of fuel price volatility and extreme weather events.

As of Dec. 31, 2024, Vistra’s generation capacity was powered by Natural gas, Coal, Nuclear and Renewable sources, which accounted for 59%, 21%, 16% and 4%, respectively, of the total generation capacity of 40,657 megawatts (“MW”). 

The company’s legacy thermal assets provide dependable baseload capacity, supporting stable cash flow generation, while its expanding renewables and energy storage portfolio aligns with the national transition to cleaner energy. Since 2018, Vistra has added 7,922 MWs of zero-carbon generation, with additional clean energy projects currently in development to meet growing demand. Vistra’s strategic blend not only ensures operational flexibility but also mitigates regulatory risks and enhances resiliency against market disruptions.

Vistra’s integrated retail and wholesale platform allows it to capture value across the energy value chain, amplifying margins and enabling long-term capital allocation toward growth initiatives. In sum, Vistra’s multi-fuel strategy positions it as a robust, adaptable and future-ready power company.

Utilities Benefit From Multi-Fuel Generation Assets

Utilities benefit from multi-fuel generation assets by enhancing grid reliability, reducing exposure to fuel price volatility and optimizing operational flexibility. This diversified mix enables efficient power delivery, strengthens earnings stability and supports adaptability amid evolving regulatory and market conditions.

Peers like Duke Energy (DUK - Free Report) and Dominion Energy (D - Free Report) benefit from multi-fuel generation portfolios by balancing reliability, cost efficiency and environmental goals. Duke leverages coal, gas, nuclear and renewables to ensure a consistent supply and manage fuel risks. Dominion’s diverse mix supports grid stability and enables smoother integration of clean energy, aligning operations with regulatory trends and long-term decarbonization targets.

VST Stock’s Price Performance

Vistra stock has gained 41% in the past six months compared with the Zacks Utility Electric Power industry’s rise of 9.4%.

 

Zacks Investment Research
Image Source: Zacks Investment Research

 

VST’s Sales Estimates Going Up

The Zacks Consensus Estimate for VST’s 2025 and 2026 sales indicates year-over-year growth of 29.87% and 3.27% respectively.

 

Zacks Investment Research
Image Source: Zacks Investment Research

 

VST Stock’s ROE Is Higher Than Its Industry

Vistra’s trailing 12-month return on equity (“ROE”) is 87.33%, way ahead of its industry average of 10.41%. ROE, a profitability measure, indicates how effectively a company is utilizing its shareholders’ funds in operations to generate income.

 

Zacks Investment Research
Image Source: Zacks Investment Research

 

VST's Zacks Rank

Vistra currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.


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