debt_leverage_profile
3.34x Total Debt / Equity (High leverage)
High
SEC-XBRL
interest_rate_sensitivity
Moderate
Medium
SEC-10K 0001692819-26-000006
geopolitical_supply_exposure
High intensity; The Strait of Hormuz — pre-war conduit for roughly one-fifth of global oil supply — has been effectively closed since the US/Israel-Iran war began in late February 2026, leaving Gulf production ~8 mb/d below pre-war levels while the US sanctions-waiver regime for Iranian crude (General License X, revoked July 7, 2026) shifts week to week.
Medium
GICS-commodity-overlay-v2
supply_chain_dependency
Moderate
Medium
SEC-10K 0001692819-26-000006
international_expansion_readiness
Low
Medium
SEC-10K 0001692819-26-000006
geographic_footprint
Primarily domestic U.S.; 18 states and District of Columbia
Medium
SEC-10K 0001692819-26-000006
commodity_exposure_profile
High intensity; commodities: crude oil (Brent/WTI), natural gas (Henry Hub/TTF/JKM), refined products (gasoline/diesel/jet fuel), natural gas liquids (NGLs), LNG, thermal coal; geopolitical: The Strait of Hormuz — pre-war conduit for roughly one-fifth of global oil supply — has been effectively closed since the US/Israel-Iran war began in late February 2026, leaving Gulf production ~8 mb/d below pre-war levels while the US sanctions-waiver regime for Iranian crude (General License X, revoked July 7, 2026) shifts week to week.
Medium
GICS-commodity-overlay-v2
vendor_lock_dependency_score
Moderate
Medium
SEC-10K 0001692819-26-000006
business_model_type_primary
Integrated power generation and retail energy supplier
Medium
SEC-10K 0001692819-26-000006
business_model_type_secondary
Wholesale power merchant (commodity trading and risk management)
Medium
SEC-10K 0001692819-26-000006
switching_cost_profile
Low API coupling risk; Vistra relies on ERCOT/ISO settlement APIs and internal ETRM systems (e.g., Allegro); no single third-party API is operationally irreplaceable
Inferred
Agent_Inference
howey_test_risk_index
Low
Medium
SEC-10K 0001692819-26-000006
regulatory_burden_tier
High
Medium
GICS-regulatory-overlay-v1
data_sovereignty_risk
Low
Medium
SEC-10K 0001692819-26-000006
antitrust_exposure_flag
Yes
Medium
SEC-10K 0001692819-26-000006
regulatory_exposure_profile
High burden; regimes: EPA, FERC, DOE, CFTC, OSHA, SEC; Accelerating emissions mandates and methane rules threaten capex economics.
Medium
GICS-regulatory-overlay-v1
revenue_model_type
Transactional (energy sales) + subscription (retail customer contracts)
Medium
SEC-10K 0001692819-26-000006
monetization_vector
Per-transaction (energy and capacity sales into wholesale markets and retail customer sales); capacity market auction payments
Medium
SEC-10K 0001692819-26-000006
pricing_architecture
Negotiated (long-term PPAs); market-based (wholesale spot and day-ahead markets); tiered/negotiated (retail retail rates by customer type)
Medium
SEC-10K 0001692819-26-000006
pricing_power_rating
Weak
Medium
SEC-10K 0001692819-26-000006
target_gross_margin_bracket
Consolidated gross margin ~25-35%; nuclear segment margins ~50%+; retail electricity segment ~8-15%; wholesale gas/coal generation ~15-25%
Inferred
Agent_Inference
churn_vulnerability_index
Moderate
Medium
SEC-10K 0001692819-26-000006
headcount_cost_structure
Sublinear
Medium
SEC-10K 0001692819-26-000006
marginal_cost_of_growth
Sublinear
Medium
SEC-10K 0001692819-26-000006
franchise_compliance_risk
null
Inferred
Agent_Inference
customer_acquisition_metric
Competitive retail marketing and market development in deregulated competitive retail markets in 18 states
Medium
SEC-10K 0001692819-26-000006
network_effect_present
No
Medium
SEC-10K 0001692819-26-000006
asset_efficiency_ratio
2.7% Return on Assets (Excellent)
High
SEC-XBRL
recession_resistance_tier
Mixed
Medium
SEC-10K 0001692819-26-000006
customer_segment_primary
Residential, Commercial, Industrial (retail); Wholesale power markets
Medium
SEC-10K 0001692819-26-000006
customer_segment_secondary
Wholesale counterparties and power purchase agreement counterparties (including corporate buyers like AWS and Meta)
Medium
SEC-10K 0001692819-26-000006
characteristic_occupations
["11-0000 Management Occupations", "13-0000 Business and Financial Operations Occupations", "15-0000 Computer and Mathematical Occupations", "17-0000 Architecture and Engineering Occupations", "19-0000 Life, Physical, and Social Science Occupations", "23-0000 Legal Occupations", "41-0000 Sales and Related Occupations", "43-0000 Office and Administrative Support Occupations", "47-0000 Construction and Extraction Occupations", "49-0000 Installation, Maintenance, and Repair Occupations", "53-0000 Transportation and Material Moving Occupations"]
High
SOC-2018/GICS-overlay
agent_automatable_labor_share
0.25 (HIL — ~25% of characteristic roles agent-automatable)
Medium
SOC-2018 + agentic-exposure-v2
capital_expenditure_profile
15.6% CapEx / Revenue (High-CapEx Infrastructure)
High
SEC-XBRL
sec_cik
0001692819
High
SEC-EDGAR
ticker
VST
High
SEC-EDGAR
Filings_Dog_Scope
antitrust_exposure_flag,business_model_type_primary,business_model_type_secondary,churn_vulnerability_index,customer_acquisition_metric,customer_segment_primary,customer_segment_secondary,data_sovereignty_risk,franchise_compliance_risk,geographic_footprint,geopolitical_supply_exposure,headcount_cost_structure,howey_test_risk_index,interest_rate_sensitivity,international_expansion_readiness,marginal_cost_of_growth,monetization_vector,network_effect_present,pricing_architecture,pricing_power_rating,recession_resistance_tier,regulatory_burden_tier,revenue_model_type,supply_chain_dependency,switching_cost_profile,vendor_lock_dependency_score
High
SEC-10K 0001692819-26-000006
activist_13d_count_1y
0
High
SEC-13D/G registry, subject-verified
blockholder_13g_count_1y
4
High
SEC-13D/G registry, subject-verified
activist_last_13d_date
none in window
High
SEC-13D/G registry, subject-verified
insider_buys_6m
3
High
SEC-Form4 0001940494-26-000006..0001712567-26-000002
insider_sells_6m
12
High
SEC-Form4 0001940494-26-000006..0001712567-26-000002
insider_net_shares_6m
-112367
High
SEC-Form4 0001940494-26-000006..0001712567-26-000002
insider_last_transaction_date
2026-09-08
High
SEC-Form4 0001940494-26-000006..0001712567-26-000002
Insider_Dog_Checked
2026-10-04T23:39|activist_13d_count_1y,activist_last_13d_date,blockholder_13g_count_1y,insider_buys_6m,insider_last_transaction_date,insider_net_shares_6m,insider_sells_6m
High
SEC-Form4 registry