Vistra Corp Stock Price, News & Analysis

On November 10, 2020, Dynegy announced a $25,000 donation to the Urban League of Philadelphia to support small business owners. This contribution will directly fund the Urban League's Entrepreneurship Center, aiding in marketing efforts, coaching, credit counseling, and tax preparation services for entrepreneurs. This initiative is part of a larger $10 million commitment by parent company Vistra to support minority-owned small businesses and economic development. Dynegy, a subsidiary of Vistra (NYSE: VST), serves millions of customers across various regions.

Dynegy has announced a $25,000 donation to the Urban League of Greater Southwestern Ohio to support workforce development programs. This initiative aims to empower individuals and small businesses affected by the pandemic. Dynegy's CEO, Curt Morgan, emphasized the importance of corporate partnerships with small businesses. The donation is part of Vistra's broader $10 million commitment to enhance economic development and support minority-owned enterprises. Dynegy serves nearly 5 million customers and is dedicated to community engagement.

Vistra (NYSE: VST) reported a robust third-quarter 2020 with a net income of $442 million and adjusted EBITDA of $1,185 million, exceeding expectations despite pandemic impacts. The company reaffirmed its 2020 adjusted EBITDA guidance of $3,485 to $3,685 million and initiated plans to return $2.7 billion to stakeholders via dividends and share repurchases over two years. Vistra aims to acquire 60,000 residential customers and expand its renewable energy projects to 1,000 MW while committing to a 60% reduction in greenhouse gas emissions by 2030.

Vistra (NYSE: VST) declared a quarterly dividend of $0.135 per share, amounting to $0.54 annually, effective Dec. 30, 2020. This represents an 8% increase from the previous year's quarterly dividend. The dividend will be payable to shareholders on record as of Dec. 16, 2020, with an ex-dividend date of Dec. 15, 2020. The announcement underscores Vistra's commitment to returning value to shareholders, following the same dividend amount paid in September 2020.

Vistra (NYSE: VST) is set to announce its third quarter 2020 financial results on November 4, 2020. The company will host a live conference call and webcast starting at 8 a.m. ET (7 a.m. CT). Investors can access the webcast via the Investor Relations section of Vistra's website and can participate by phone after registering here. A replay will be available for one year following the call.

On October 12, 2020, Dynegy announced a $50,000 donation to the Chicago Urban League to support educational initiatives at its Youth Services Center. This funding will enhance STEAM (science, technology, engineering, art, and math) programs, aiding students from middle school to college to prepare for careers in a global economy. This initiative aligns with Vistra's broader commitment of $10 million to organizations promoting social justice and educational equity. Dynegy, a subsidiary of Vistra, serves millions of electricity and natural gas customers across the U.S.

Dynegy has partnered with Chicago's Willis Tower, committing to supply 100% renewable electricity sourced from wind power. This multi-year agreement is part of Willis Tower's significant renovation project, aimed at enhancing sustainability and energy efficiency. The building has achieved LEED Platinum certification, becoming the largest U.S. building to reach this status. Dynegy will also provide consistent electricity costs for tenants, emphasizing its dedication to sustainability and tailored solutions for high-traffic venues. This collaboration reflects a broader trend towards sustainable energy in urban developments.