Vistra Corp. (NYSE:VST) Q1 2025 Earnings Conference Call May 7, 2025 10:00 AM ET
Company Participants
Eric Micek – VP, IR
Jim Burke – President & CEO
Kristopher Moldovan – EVP & CFO
Stacey Doré – Head of Strategy
Conference Call Participants
Shahriar Pourreza – Guggenheim Partners
Julian Dumoulin-Smith – Jefferies LLC
Angie Storozynski – Seaport
Jeremy Tonet – JPMorgan Securities LLC
David Arcaro – Morgan Stanley
Steven Fleishman – Wolfe Research LLC
Durgesh Chopra – Evercore ISI
Operator
Good morning, everyone and welcome to Vistra’s First Quarter 2025 Earnings Call. All participants will be in a listen-only mode. [Operator Instructions]
At this time, I would like to turn the floor over to Eric Micek, VP of Investor Relations. Please go ahead.
Eric Micek
Good morning, and thank you for joining Vistra’s Investor Webcast discussing our first quarter 2025 results. Our discussion today is being broadcast live from the Investor Relations section of our website at www.vistracorp.com. There you can also find copies of today’s investor presentation and earnings release.
Leading the call today are Jim Burke, Vistra’s President and Chief Executive Officer; and Kris Moldovan, Vistra’s Executive Vice President and Chief Financial Officer. They are joined by other Vistra’s senior executives to address questions during the second part of today’s call as necessary.
Our earnings release, presentation, and other matters discussed on the call today include references to certain non-GAAP financial measures. All references to adjusted EBITDA and adjusted free cash flow before growth throughout this presentation refer to ongoing operations, adjusted EBITDA and ongoing operations, adjusted free cash flow before growth.
Reconciliations to the most directly comparable GAAP measures are provided in the earnings release and in the appendix to the Investor Presentation available in the Investor Relations section of Vistra’s website. Also today’s discussion contains forward-looking statements which
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