Vistra Corp., a company that combines retail and power generation, has been given a Buy rating by UBS.
The company operates in six different business segments:
The Retail segment focuses on selling electricity and natural gas to a diverse range of customers, including residential, small business, commercial, and industrial clients.
The Texas and East segments are involved in power generation, wholesale energy trading, and managing commodity risk. The East segment operates in the PJM, ISO-NE, and NYISO markets. The West segment reports results from the CAISO market and highlights battery energy supply projects at the Moss Landing power plant.
The Sunset segment includes power plants that have announced plans for decommissioning, while the Asset Closure segment is responsible for decommissioning and reclaiming retired power plants and mines.
Vistra Corp. has an impressive installed generation capacity of around 41,000 megawatts.