VST

Vistra Corp

Halal Rating :
Uncomfortable
Last Price $166
Market Cap $56.78b
1D Change

-2.86 %

1 Year Change

175.6 %

Next Earnings Date

Yet to be announced

Company Overview

Vistra Corp. operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across 20 states in the United States and the District of Columbia. The company is also involved in the electricity generation, wholesale energy purchases and sales, commodity risk management, fuel production, and fuel logistics management activities.

Revenue Sources

Pass

Based on reviewing Vistra's financial statements and business operations, their primary revenue sources come from electricity generation and retail energy sales. These activities involve providing essential utility services and do not constitute haram business activities. The company's operations are focused on power generation using various fuel sources and retail electricity sales, which are permissible business activities.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 30, 2024 $6.29b $4.03b - $332.0m 0.00% 8.23%
June 30, 2024 $3.85b $3.28b - $241.0m 0.00% 7.35%
March 31, 2024 $3.05b $3.14b - $170.0m 0.00% 5.42%
Dec. 31, 2023 $3.08b $3.26b - $290.0m 0.00% 8.88%

Analyzing the last four quarters: Interest expense ratios compared to total expenses were: 8.2% (Q3 2024), 7.3% (Q2 2024), 5.4% (Q1 2024), and 8.9% (Q4 2023). The interest expense consistently exceeds 5% of total expenses, indicating that interest plays a material role in the company's operations.

Operational Ethics

Pass

After reviewing Vistra's operations and public disclosures, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company's operations are primarily concentrated in North America, particularly in Texas and other U.S. states.

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