Vistra Corp
For the period ended Mar 31, 2024. Filed May 10, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 10, 2024
VST$133.92+7.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Table of Contents
| PAGE | ||||
|---|---|---|---|---|
| Glossary of Terms and Abbreviations | i | |||
| Forward-Looking Statements | v | |||
| PART I. | FINANCIAL INFORMATION | |||
| Item 1. | Financial Statements (Unaudited) | |||
| Condensed Consolidated Statements of Operations — Three Months Ended March 31, 2024 and 2023 | 1 | |||
| Condensed Consolidated Statements of Comprehensive Income (Loss) — Three Months Ended March 31, 2024 and 2023 | 1 | |||
| Condensed Consolidated Statements of Cash Flows — Three Months Ended March 31, 2024 and 2023 | 2 | |||
| Condensed Consolidated Balance Sheets — March 31, 2024 and December 31, 2023 | 4 | |||
| Notes to Condensed Consolidated Financial Statements | 7 | |||
| 1. Business, Basis of Presentation and Significant Accounting Policies | 7 | |||
| 2. Business Combinations | 9 | |||
| 3. Retirement of Generation Facilities | 11 | |||
| 4. Revenue | 12 | |||
| 5. Income Taxes | 14 | |||
| 6. Earnings Per Share | 15 | |||
| 7. Goodwill and Identifiable Intangible Assets and Liabilities | 16 | |||
| 8. Accounts Receivable Financing | 17 | |||
| 9. Collateral Financing Agreement with Affiliate | 18 | |||
| 10. Debt | 20 | |||
| 11. Commodity and Other Derivative Contractual Assets and Liabilities | 26 | |||
| 12. Fair Value Measurements | 29 | |||
| 13. Tax Receivable Agreement Obligation | 33 | |||
| 14. Asset Retirement Obligations (ARO) | 34 | |||
| 15. Commitments and Contingencies | 35 | |||
| 16. Equity | 44 | |||
| 17. Segment Information | 45 | |||
| 18. Supplementary Financial Information | 47 | |||
| Item 2. | Management's Discussion and Analysis of Financial Condition, and Results of Operations | 51 | ||
| Significant Activities and Events, and Items Influencing Future Performance | 51 | |||
| Results of Operations | 54 | |||
| Financial Condition | 62 | |||
| Commitments and Contingencies | 68 | |||
| Changes in Accounting Standards | 68 | |||
| Item 3. | Quantitative and Qualitative Disclosures About Market Risk | 68 | ||
| Item 4. | Controls and Procedures | 71 | ||
| PART II. | OTHER INFORMATION | 72 | ||
| Item 1. | Legal Proceedings | 72 | ||
| Item 1A. | Risk Factors | 72 | ||
| Item 2. | Unregistered Sales of Equity Securities and Use of Proceeds | 73 | ||
| Item 3. | Defaults Upon Senior Securities | 74 | ||
| Item 4. | Mine Safety Disclosures | 74 | ||
| Item 5. | Other Information | 74 | ||
| Item 6. | Exhibits | 74 | ||
| SIGNATURE | 78 | |||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.