Vistra Reports Strong Q3 2026 Results and Raises Full-Year Guidance Following Cogentrix Acquisition
Vistra (VST) reported robust third-quarter 2026 financial results, highlighted by an adjusted EBITDA of $2.378 billion, a significant increase from $1.581 billion in the same period last year. Net income reached $1.14 billion, bolstered by higher EBITDA and substantial unrealized mark-to-market gains on derivative positions. The company's performance was driven by strong results across its Texas and East segments, alongside favorable retail margins due to record summer weather. Following the successful closing of the Cogentrix acquisition on October 30, 2026, Vistra has narrowed and raised its full-year 2026 adjusted EBITDA guidance to a range of $7.1 billion to $7.5 billion. Looking ahead to 2027, the company anticipates further growth with projected adjusted EBITDA between $7.7 billion and $8.5 billion, supported by new capacity and long-term power purchase agreements with major tech entities like Meta.
Topics: Acquisitions EBITDA Energy Sector Financial Guidance Net Income