Vistra Corp

VST: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$57.00	Hdfsn	Dkgkzklq

Vistra Energy: Texas Regulators Approve Low-Cost Loan; Stock Still Overvalued

Travis Miller

Aug 30, 2024

We are reaffirming our $46 fair value estimate for Vistra after Texas regulators announced that one of Vistra's proposed new-build gas power plants is a finalist to receive a state-backed loan as part of the $5 billion Texas Energy Fund program. We are reaffirming our no-moat and High Uncertainty ratings.

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