Vistra prioritizing longer-term gas hedges during extreme market volatility

摘要

Vistra Corp. is using tight U.S. natural gas markets as a “rareopportunity” for longer-term hedging to capitalize on price volatility,outgoing CEO Curt Morgan said.The average price of natural gas for day-ahead delivery greatlyincreased in all U.S. regions in April year over year, with the Gulf Coastrecording a 37.1% increase month over month to an average of $6.356/MMBtu, to the benefit of Texas’ largest power generator.