CNBC Overtime reposted this
Vistra President and CEO Jim Burke visited CNBC Closing Bell Overtime to talk about Vistra’s role in powering the surging AI boom and the work our Vistra team has been doing for years to meet the growing electrification demand of our customers across the country from California to Maine. Did you know? The history of our company, through our predecessors, dates back to the 1880s. The product we produce hasn’t changed, but the way we produce electricity has continued to evolve for the last 140 years. Team Vistra is excited about what’s ahead in this industry and for our company. https://lnkd.in/gUMmhMTm
Shares of power generation company Vistra Corp. are up more than 135% this year due to increased demand for energy in data centers powering the AI revolution. Only two S&P 500 companies, Super Micro and Nvidia, are outpacing Vistra year-to-date. “For seven years we’ve been growing our company with this electrification theme in mind. We’ve tripled revenues, we’ve tripled earnings power and that’s all before this latest wave of AI interest,” said Vistra CEO Jim Burke.
Impressive company. Staying below the radar while quietly positioning for massive growth. Jim Burke is an impressive CEO.
Way to go Jim. I have always respecrespected your leadership and dedication to this industry.
Jim, Great interview. I'm honored to know you and work with you and the incredible team at Vistra. Keep up the good work -- Your best is yet to come!
Congrats to the Vistra team! Exciting opportunity.
What seemed like an impossible situation in Chapter 11 turned into an extremely successful reorganized company!
Great company with an awesome team! Thumbs up from a happy shareholder - keep up the good work!:)
Jim Burke is leading a great company with great people. They are going to continue to do well - no doubt.
Congratulations Jim. Great to see you all doing amazing.
Congratulations to the Vistra Corp. team! Exciting times ahead!
Thank you all for the support and proud to share a little insight into the important and exciting work being done by our Vistra team across the U.S.