Company research

Vistra (VST)

AI supply-chain role

Participates in the energy & infrastructure part of the AI supply chain.

Sources may describe historical activity or future plans. Source publication dates do not confirm current deliveries. ✓ Verified means one of the two companies confirmed the relationship in its own filing, investor-relations release or official announcement, and the source link was checked on the review date.

Customers 1

Meta· CustomerIncludes announced / planned activity

Power supply

Open company

View sources

Announced / planned — delivery not confirmed

Vistra has announced plans to supply Meta.

Product / business: Power supply

Source description and scope

Vistra signed 20-year PPAs supporting Meta's regional operations with over 2,600 MW from three nuclear plants.

Agreement includes future delivery/uprate milestones; not dedicated point-to-point physical supply.

Vistra signed 20-year PPAs supporting Meta's regional operations with over 2,600 MW from three nuclear plants. ↗
Source published: 2026-01-09

Partners & technology 1

Meta· Partner / technologyIncludes announced / planned activity

Power supply

Open company

View sources

Announced / planned — delivery not confirmed

Sources document the relationship between Vistra and Meta.

Product / business: Power supply

Source description and scope

Announced long-term nuclear power purchase agreements.

Vistra and Meta: A Smart, Scalable Nuclear Partnership - Vistra Corp. ↗
Source published: Unknown

Latest earnings

2026-08-07

Vistra Reports Second Quarter 2026 Results ↗

Latest company announcements

2026-08-07 · SECVST · 10-Q filing ↗
2026-10-02 · SECVST · 8-K filing ↗
2026-09-29 · IRVistra to Report Third Quarter Results on Nov. 6, 2026 ↗
2026-09-24 · SECVST · 8-K filing ↗

Business and financials

Estimated market cap

54.49B USD

As of 2026-10-13

Calculation details

Latest cached closing price × SEC reported shares outstanding.

Share count as of 2026-08-03

Filed 2026-08-10 ↗

Annual financials

Annual report for the year ended 2025-12-31. These are reported annual figures, not trailing twelve-month estimates.

What the company says it does

Vistra is an integrated retail electricity and power generation company that provides essential power resources to customers, businesses, and communities from California to Maine. We combine an innovative, customer-centric approach to retail sales with safe, reliable, diverse, and efficient power generation. Our integrated power generation and wholesale operation allows us to efficiently obtain the electricity needed to serve our customers at the lowest cost. The integrated model enables us to structure products and contracts in a way that offers significant value compared to stand-alone retail electric providers.

Excerpt from Item 1 — Business; filed 2026-02-27. May be shortened.

Read the 10-K annual report ↗