Vistra Stock Sits 37% Below High Amid Power Demand Growth

Vistra's stock price has dropped about 37% from its 52-week high of $219.82 to around $139 as of this writing.

Despite this decline, the company's second-quarter adjusted EBITDA from ongoing operations rose 31% year over year to $1.77 billion.

Vistra has secured long-term power agreements with Amazon Web Services and Meta Platforms covering more than 3,800 megawatts of nuclear capacity.

The company's cash generation is substantial, with a guide to adjusted free cash flow before growth investments of about $3.9 billion to $4.7 billion this year.