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⚡ Flash Heard: Texas Data Center U-Turn Hits Power Stocks
The Wall Street Journal1d agoneutral
⚡ Flash Heard: Texas Data Center U-Turn Hits Power Stocks

Abundant natural gas, lots of land and a supportive political environment were all reasons why data centers had been flocking to Texas. On Monday afternoon, Texas Governor Greg Abbott directed the state’s grid operator and utility regulator to conduct a “comprehensive verification and audit” of all data centers asking for interconnection, and said no additional data centers can be approved until that process is completed. This puts a pause on a new process—named Batch Zero—that Texas greenlighted in June to fast-track interconnection requests from data centers.

Vistra (VST) Stock Looks Reasonable Following New York Data Center Limits
Simply Wall St.6d agoneutral
Vistra (VST) Stock Looks Reasonable Following New York Data Center Limits

Vistra stock has delivered a very large 5 year gain for shareholders, yet the broader valuation checks now flag a mixed picture rather than a straightforward bargain or expensive call after the recent pullback. Over the past 5 years, Vistra has returned about 7x, which puts recent share price weakness into the context of a very strong longer term run. Recent focus on power capacity for data centers can support interest in Vistra as an energy provider. At the same time, any change in how...

Vistra (VST) Could Be 26% Below Fair Value On Power Demand Optimism
Simply Wall St.12d agoneutral
Vistra (VST) Could Be 26% Below Fair Value On Power Demand Optimism

Vistra (VST) is back on traders’ radar after its latest session closed with a 2.75% gain, ahead of broad indices, as investors position around the company’s upcoming August 7 earnings release. See our latest analysis for Vistra. That move comes after a mixed stretch for Vistra, with a 7 day share price return of 4.06% and a 90 day share price return of 6.31%. The 1 year total shareholder return is down 16.24%, while the 5 year total shareholder return remains very large at more than 8x. This...

Vistra (VST) Could Get A Lift From PJM's Next Capacity Auction
Simply Wall St.21d agoneutral
Vistra (VST) Could Get A Lift From PJM's Next Capacity Auction

PJM Interconnection plans an upcoming capacity auction as the region faces unprecedented electricity demand growth driven by data centers. The auction is intended to secure future grid reliability as PJM works to line up enough supply for rising long term power needs. Independent power producer Vistra (NYSE:VST) could see meaningful implications from higher expected prices and increased demand in this market. Vistra operates as an independent power producer, selling electricity into...

Bloomberg22d agoneutral
Major US Power Sale to Show Depth of Eastern Grid’s Tight Supply

(Bloomberg) -- The biggest US grid operator is about to learn how tight power supplies may get in coming years as the data-center boom sparks unprecedented electricity demand growth.Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Embraces Australian Retirement System Backed by Larry FinkUS CPI Falls for the First Time Since 2020, Core Gauge FlatA Cocaine Bust in Spain Leads All the Way to Wall