Narrative Update • Jun 18

In the last week, the Independent Power Producers and Energy Traders industry is up 11%, with Vistra up 11%. In the last 12 months, the industry was up 3.2%. Earnings are forecast to grow by 23% annually.
Has the U.S. Independent Power Producers and Energy Traders Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 20 Jun 2026 | US$86.4b | US$35.6b | US$3.4b | 26.9x | 25.3x | 2.4x |
| Mon, 18 May 2026 | US$73.4b | US$35.6b | US$3.4b | 23x | 21.5x | 2.1x |
| Wed, 15 Apr 2026 | US$79.3b | US$33.1b | US$1.5b | 16.9x | 52.4x | 2.4x |
| Fri, 13 Mar 2026 | US$79.1b | US$33.1b | US$1.3b | 41.1x | 60.9x | 2.4x |
| Sun, 08 Feb 2026 | US$78.8b | US$32.1b | US$2.1b | 52.8x | 37.7x | 2.5x |
| Tue, 06 Jan 2026 | US$84.6b | US$32.1b | US$2.1b | 57.5x | 40.5x | 2.6x |
| Thu, 04 Dec 2025 | US$85.6b | US$32.1b | US$2.1b | 60.6x | 41.1x | 2.7x |
| Sat, 01 Nov 2025 | US$93.0b | US$33.1b | US$3.1b | 29.1x | 30x | 2.8x |
| Mon, 29 Sep 2025 | US$99.3b | US$33.1b | US$3.1b | 32x | 32x | 3x |
| Wed, 27 Aug 2025 | US$91.0b | US$33.1b | US$3.1b | 30.1x | 29.4x | 2.7x |
| Fri, 25 Jul 2025 | US$94.0b | US$32.7b | US$3.9b | 27.1x | 24.2x | 2.9x |
| Sun, 22 Jun 2025 | US$82.2b | US$32.3b | US$4.1b | 23.1x | 20x | 2.5x |
| Tue, 20 May 2025 | US$73.0b | US$32.3b | US$4.1b | 19.2x | 17.8x | 2.3x |
| Thu, 17 Apr 2025 | US$55.8b | US$31.6b | US$5.2b | 9.3x | 10.8x | 1.8x |
| Sat, 15 Mar 2025 | US$57.7b | US$31.6b | US$5.2b | 13.3x | 11.2x | 1.8x |
| Mon, 10 Feb 2025 | US$75.3b | US$30.6b | US$4.0b | 17.8x | 18.9x | 2.5x |
| Wed, 08 Jan 2025 | US$76.1b | US$30.6b | US$4.0b | 17.2x | 19.2x | 2.5x |
| Fri, 06 Dec 2024 | US$75.7b | US$30.6b | US$4.0b | 16.2x | 19x | 2.5x |
| Sun, 03 Nov 2024 | US$60.4b | US$28.5b | US$2.4b | 10.7x | 25.6x | 2.1x |
| Tue, 01 Oct 2024 | US$64.0b | US$28.6b | US$2.1b | 14.9x | 30.8x | 2.2x |
| Thu, 29 Aug 2024 | US$49.2b | US$28.6b | US$2.1b | 12.6x | 23.7x | 1.7x |
| Sat, 27 Jul 2024 | US$43.1b | US$28.1b | US$1.5b | 20.8x | 28.8x | 1.5x |
| Mon, 24 Jun 2024 | US$50.3b | US$28.1b | US$1.5b | 21.9x | 33.6x | 1.8x |
| Wed, 22 May 2024 | US$53.2b | US$28.1b | US$1.5b | 22.8x | 35.6x | 1.9x |
| Fri, 19 Apr 2024 | US$40.0b | US$29.9b | US$1.7b | 29x | 23.3x | 1.3x |
| Sun, 17 Mar 2024 | US$37.1b | US$29.9b | US$2.2b | 16x | 16.9x | 1.2x |
| Tue, 13 Feb 2024 | US$30.6b | US$29.1b | US$1.3b | 11.8x | 24.3x | 1.1x |
| Thu, 11 Jan 2024 | US$30.5b | US$29.1b | US$1.3b | 10.7x | 24.2x | 1x |
| Sat, 09 Dec 2023 | US$28.9b | US$29.1b | US$1.3b | 10.3x | 22.9x | 1x |
| Mon, 06 Nov 2023 | US$27.2b | US$30.4b | US$1.2b | 9.9x | 22.6x | 0.9x |
| Wed, 04 Oct 2023 | US$24.6b | US$30.6b | US$1.4b | 9.7x | 17.6x | 0.8x |
| Fri, 01 Sep 2023 | US$26.8b | US$30.6b | US$1.4b | 9.1x | 19.2x | 0.9x |
| Sun, 30 Jul 2023 | US$27.9b | US$28.6b | -US$1,769,000,000.00 | n/a | -15.8x | 1x |
| Tue, 27 Jun 2023 | US$23.4b | US$28.6b | -US$1,769,000,000.00 | n/a | -13.2x | 0.8x |
-13.2x
How does U.S. Independent Power Producers and Energy Traders compare with similar industries?
| US Market | 1.40% | |
| Utilities | 0.57% | |
| Renewable Energy | 6.97% | |
| Independent Power Producers and Energy Traders | 11.41% | |
| Renewable Energy | -0.99% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| VST Vistra | US$163.75 | 10.6% +US$5.3b | -11.5% | PE26.9x | |
| TLN Talen Energy | US$436.29 | 21.0% +US$3.4b | 51.1% | PS6.1x | |
| HNRG Hallador Energy | US$19.45 | 18.3% +US$141.9m | 27.0% | PE40.6x |