Vistra For 2024 Expects Ongoing Operations Adjusted EBITDA Of $4.55B-$5.05B, And Ongoing Operations Adjusted FCFbG Of $2.2B-$2.7B
Portfolio Pulse from Benzinga Newsdesk
Vistra has provided its financial guidance for 2024, expecting Ongoing Operations Adjusted EBITDA to be between $4.55B and $5.05B, and Adjusted Free Cash Flow before Growth (FCFbG) to range from $2.2B to $2.7B. The company has also hedged a significant portion of its expected generation volumes for the next few years, supporting its 2024 guidance and indicating potential growth in EBITDA for 2025 and 2026.
May 08, 2024 | 11:17 am
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Vistra expects a 2024 Adjusted EBITDA of $4.55B-$5.05B and FCFbG of $2.2B-$2.7B, with significant hedging supporting future growth.
Vistra's guidance for 2024 suggests a positive outlook on its financial performance, with substantial hedging indicating confidence in maintaining and potentially exceeding these targets. This strategic financial planning and risk management are likely to be viewed positively by investors, potentially leading to a short-term increase in stock price.
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IMPORTANCE 90
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