Full-Time
Lead Python Generative AI Developer
Vistra
1,001-5,000 employees
Global fund administration and corporate services
No salary listed
Irving, TX, USA
Hybrid
Hybrid work is indicated.
 Software Engineering (1) |
|---|
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- The candidate must have 6–9 years of professional software development experience with a strong emphasis on Python.
- The candidate must have strong familiarity with Generative AI capabilities, including prompt design, Retrieval-Augmented Generation, embeddings and vector stores, and agentic AI.
- The candidate must have data-centric engineering experience building services and tools within a data engineering organization and understand enterprise data-system challenges.
- The candidate must have experience building and scaling software solutions in cloud environments, with AWS preferred.
- The candidate must stay current with AI trends and apply them pragmatically.
- The candidate must have a solid background in DevOps workflows, including Infrastructure as Code, containerization with Docker and Kubernetes, and CI/CD pipelines.
- Collaborate with teams outside of Technology to identify and implement novel AI solutions that solve real-world challenges.
- Embed Generative AI into workflows for developing enterprise data products and machine learning platforms to improve efficiency and developer velocity.
- Design, develop, and maintain high-quality Python applications and services while promoting best practices for testing, documentation, and maintainability.
- Provide technical guidance and oversight to junior developers and offshore delivery resources.
- Partner with security, risk, and compliance teams to ensure solutions meet enterprise standards for governance, privacy, and ethics.
- Evaluate emerging technologies in the data and AI space to determine their practical viability and business value.
Vistra helps firms enter markets and manage assets and entities as a fund administrator and corporate service provider across 50+ markets. It offers corporate and fund solutions to handle day-to-day operations so clients can focus on their core business, including market entry and ongoing administration. Its integrated, global approach combines corporate services and fund administration across multiple jurisdictions, simplifying cross-border needs. Goal: enable clients to set up, run, and expand operations efficiently while handling compliance and governance.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Irving, Texas
Founded
2009
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Simplify's Take
What believers are saying
- Q2 2026 adjusted EBITDA rose 30% to $1.767 billion, despite revenue misses.
- Vistra launched $1.5 billion notes on September 10, 2026, funding preferred redemptions.
- FERC approved Cogentrix in August 2026, clearing a major acquisition hurdle.
What critics are saying
- ERCOT forward prices fell by August 2026, pressuring Vistra's 2027 earnings outlook.
- Cogentrix still needs closing integration, financing discipline, and regulatory approvals through late 2026.
- Illinois closures at Baldwin, Kincaid, and Newton eliminate 304 jobs by 2028.
What makes Vistra unique
- Comanche Peak, Meta, and AWS contracts lock in contracted nuclear demand through 2047.
- Cogentrix adds 5,500 MW of gas capacity across PJM, ISO-NE, and ERCOT.
- Helix Digital Infrastructure positions Vistra inside AI power buildouts with NVIDIA and KKR.
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Company News
Vistra prices $1.5bn junior subordinated notes offering. Vistra Corp (NYSE: VST) has priced a $1.5bn offering of junior subordinated notes, a form of long-dated debt that ranks below a company's regular bonds but above its equity in a wind-down - the latest move by the Texas power generator to tidy up its capital structure ahead of two preferred-stock reset dates later this year. The Irving, Texas-based group first announced the launch of the registered offering on 10 September 2026, then confirmed pricing hours later the same day. The notes were split into two tranches: $850m of Series A notes priced at 7.00%, and $650m of Series B notes priced at 7.25%, both due 2057, according to Investing.com, which first reported the coupon detail. Why Vistra is raising junior subordinated notes now. The timing is not coincidental. Vistra's press release says net proceeds are earmarked for general corporate purposes, including funding the redemption of its 8.0% Series A and 7.0% Series B preferred stock once those securities hit their five-year reset dates in October and December 2026. Preferred stock resets are the point at which a company can call the shares back at par rather than let the dividend rate float - and with the old preferred paying 7.0-8.0%, refinancing into notes priced at 7.00% and 7.25% is a close call rather than an obvious saving, but it locks in long, 2057-dated maturities rather than perpetual instruments that could reset again. The new notes are junior subordinated, unsecured obligations of Vistra Operations Company LLC, an indirect wholly owned subsidiary, rather than direct obligations of the parent - a structure Vistra has used before. The company priced $1.5bn of senior secured notes through the same operating subsidiary in a private offering back in May 2022, so this is a familiar route to market for the group, not a one-off. Barclays, BofA Securities, Mizuho, MUFG and Truist Securities acted as joint book-running managers, Investing.com reported, with the deal sold off an already-effective shelf registration - the standing SEC paperwork that lets a company sell securities quickly without filing a fresh prospectus each time. The offering was expected to close on 24 September 2026, subject to customary conditions. The backdrop: rates, earnings and a name growing rapidly. Vistra is locking in this coupon with the 10-year US Treasury yield at 4.83% as of 9 September 2026, according to Federal Reserve data, up slightly from 4.80% the prior session. That backdrop matters: a 7.00-7.25% coupon on 31-year paper prices in a spread of roughly 220-240 basis points over the risk-free rate (a basis point is one-hundredth of a percentage point) - not cheap, but broadly in line with where BBB-range utility credit has traded this year. The raise also lands against a business that has been throwing off increasingly large, if lumpy, profits. Vistra's most recent 10-Q showed net income of $305m, or diluted earnings per share of $0.76, for the quarter ended 30 June 2026, on the back of a first quarter that produced net income of $1.029bn. Revenue for the first quarter of 2026 came in at $5.001bn, itself up from $4.25bn a year earlier - a reminder that Vistra's earnings swing hard with power prices and weather, which is precisely the kind of volatile cash-flow profile that makes locking in fixed-rate, long-dated debt attractive to a treasury team. Two Vistra insiders, Kristopher E. Moldovan and Scott A. Hudson, each filed a Form 4 with the SEC on 10 September 2026, the same day the pricing was announced - one filing and the other both logged with EDGAR within minutes of each other, though neither discloses the share counts or values involved. Vistra shares closed at $146.75 on 10 September, down 1.4% on the day but still up 4.6% over the preceding 20 trading days, having ranged between $135.66 and $154.45 over that stretch on consolidated US exchange data. Short-selling activity ticked higher into the pricing: FINRA's daily short-sale ratio, which measures the share of reported volume attributable to short sales, rose from 0.359 on 8 September to 0.559 on 10 September itself - a jump worth noting given the coincidence with the notes pricing, though a single day's move in that ratio is thin evidence of anything beyond ordinary hedging around a bond deal. What the reset dates mean for holders of the old preferred stock. For holders of Vistra's existing 8.0% Series A and 7.0% Series B preferred stock, the practical effect of this raise is that redemption at the October and December 2026 reset dates now looks well funded rather than merely flagged as an intention. Preferred investors who might otherwise have expected their dividend rate to float to a new, market-set level at reset will instead most likely see their shares called at par, with Vistra swapping that capital for the newly priced 7.00% and 7.25% notes maturing in 2057. The gap between the old preferred coupons and the new note coupons is narrow enough that this reads less as an aggressive cost-cutting exercise than as a maturity extension - trading perpetual, resettable preferred stock for fixed, long-dated debt at a broadly similar all-in cost. This article is for information only and is not investment advice or a recommendation to buy or sell any asset. Markets move quickly; figures are correct as sourced at the time of writing. Always do your own research before making financial decisions.
Vistra Corp. announced an underwritten public offering of multiple series of junior subordinated unsecured notes. The notes will be issued by Vistra Operations Company LLC, an indirect wholly owned subsidiary, and guaranteed by Vistra. The company intends to use net proceeds for general corporate purposes, including funding the redemption of some or all of its outstanding 8.0% Series A and 7.0% Series B perpetual preferred stock upon or following their respective five-year reset dates in October and December 2026. The offering is being made through an effective shelf registration statement filed with the Securities and Exchange Commission on 9 September 2026. Barclays, BofA Securities, Mizuho, MUFG, and Truist Securities are amongst the joint book-running managers for the offering.
Vistra signed 20-year power purchase agreements with Meta for 2,600 MW of nuclear power and AWS for 1,200 MW. The company's Q2 2026 adjusted EBITDA jumped 30% to $1.77B, with CFO Moldovan noting that 2027 guidance excludes the Cogentrix and Meta deals, which could add $700M. Vistra committed $1B to Helix Digital Infrastructure alongside NVIDIA and KKR, positioning itself as a power provider for AI data centres. The company recently closed the Cogentrix acquisition, adding 5,500 MW of natural gas generation capacity across the Midwest, Northeast, and California. Shares traded at $149.46 as of 8 September, up 8.4% over the previous week but down nearly 23% year-over-year. CEO Jim Burke noted that large customers are willing to contract at a premium for existing capacity, as new build costs have significantly increased.
Vistra Stock fell 6% in three months, its CEO just bought the dip. Here's what he's betting on. Last updated Sep 4, 2026 Key Takeaways for Vistra Stock as of September 2026. * Three-Month Slide: Vistra stock has fallen 6.2% over the past three months, a pace equal to a 22.7% annualized decline, as hedging losses and ERCOT uncertainty weighed on sentiment. * Earnings Miss: Q2 net income dropped 6.7% YoY to $305M on a $472M unrealized hedging loss reported Aug 7, even though adjusted EBITDA climbed over 30% to $1.77B and beat consensus. * Street Split: 19 analysts cover Vistra stock with 15 buys, 4 outperforms, 1 underperform, and 1 sell, and the mean target of $217 sits 51% above the current price. * Model Upside: TIKR values Vistra stock at $208, a 44% total return by late 2030. Why Vistra Stock Slipped 6% Even as Q2 EBITDA Jumped 30%. Vistra Corp. (VST) stock has fallen 6.2% over the past three months, a pace that annualizes to a 22.7% decline, even after the power producer posted a quarter that beat Wall Street's core profit estimate. The slide traces back to one day: August 7, when Vistra stock dropped 3.3% to $137.07 after the company reported a 6.7% drop in net income. Net income fell to $305 million from $327 million a year earlier, and the shortfall was not operational. It came from a $472 million unrealized loss on commodity hedges tied to power that will not settle for years, the kind of mark-to-market swing that can reverse before those contracts close out. Adjusted EBITDA, the number management has trained the market to watch, actually rose more than 30% to $1.77 billion and beat the $1.635 billion analysts expected. The market found a second reason to discount that beat. Texas paused its review of Batch Zero, ERCOT's first tranche of large data center interconnection requests, after Governor Greg Abbott ordered an audit of the queue. CFO Kris Moldovan also flagged softer 2027 power prices in ERCOT on the Q2 earnings call: "the ERCOT forwards are meaningfully lower... I would say that they don't fully offset the ERCOT headwind, so we would be trending towards the lower end of that range." That is a company acknowledging its home market's pricing has cooled even as PJM strengthens around it. Put together, Vistra stock is priced for hedging noise and regulatory delay right now, not for the demand growth its own fleet ran at 97% availability to meet this summer. Vistra Stock's Pullback Meets Insider Buying From CEO Jim Burke. As Vistra stock traded near its three-month low, CEO Jim Burke put personal money behind it. Burke, through the JAMEB, LP partnership he owns with his spouse, bought 2,000 shares at $135 on August 17 and another 6,665 shares at $135.25 to $135.99 on August 24, a combined outlay of roughly $1.17 million. The purchases lifted JAMEB's stake to 1,146,352 shares, timed to the same stretch when Vistra stock bottomed near $137 after the earnings selloff. Insider buying does not erase the ERCOT overhang or the hedging losses. But a chief executive adding to his own stake at the trough, rather than after a rebound, argues management sees the three-month slide as a mispricing of noise rather than a repricing of the underlying business. Vistra Stock's Analyst Targets Have Cooled Less Than the Price. Nineteen analysts currently publish price targets on Vistra stock, backing a mean target of $217 against a $144 close, a 51% gap. The ratings split leans bullish: 15 buys, 4 outperforms, 1 underperform, and 1 sell. The trend over the past year is more dramatic than the current split suggests. In mid-2025, Vistra stock traded at $193.81 while the mean target sat below it at $175.97, implying analysts saw more downside than upside at the time. That reversed hard by September 2025, when the target jumped to $231.62 even as the price barely moved. Vistra stock has since fallen 26% from that mid-2025 level, but the mean target held in the low $230s through March 2026 before easing to $217.42 today, a 7% trim from its March peak. Coverage has stayed in the high teens to low twenties throughout, so the wide gap is not a function of thinning research. Analysts have priced in Vistra's power-price and hedging volatility, but nowhere near as much as the market has. TIKR Values Vistra Stock at $208, Pricing In ERCOT's Long-Term Recovery. TIKR's mid case model targets Vistra stock at $208 by late 2030, implying a 44% total return from today's $144 price, or 9% annualized over 4.3 years. A 9% annualized return over more than four years is a patient underwriting of Vistra stock, not a bet on a near-term repricing, and it assumes today's ERCOT softness proves temporary rather than structural. That is consistent with the Street's own math. Even after trimming targets from their March peak, analysts still see 51% upside from current levels, wider than the model's 44%, which suggests TIKR's mid case may be the more conservative read on how much of the hedging-driven selloff actually sticks. Should You Invest in Vistra Corp.? The only way to really know is to look at the numbers yourself. TIKR gives you free access to the same institutional-quality financial data that professional analysts use to answer exactly that question. Pull up Vistra Corp. stock and you'll see years of historical financials, what Wall Street analysts expect for revenue and earnings in the quarters ahead, how valuation multiples have moved over time, and whether price targets are trending up or down. Looking for New Opportunities? * See what stocks billionaire investors are buying so you can follow the smart money. * Analyze stocks in as little as 5 minutes with TIKR's all-in-one, easy-to-use platform. * The more rocks you overturn... the more opportunities you'll uncover. Search 100K+ global stocks, global top investor holdings, and more with TIKR. Disclaimer: Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or its content team, nor are they recommendations to buy or sell any stocks. TIKR create its content based on TIKR Terminal's investment data and analysts' estimates. Its analysis might not include recent company news or important updates. TIKR has no position in any stocks mentioned. Thank you for reading, and happy investing! Table of Contents * Key Takeaways for Vistra Stock as of September 2026 * Why Vistra Stock Slipped 6% Even as Q2 EBITDA Jumped 30% * Vistra Stock's Pullback Meets Insider Buying From CEO Jim Burke * Vistra Stock's Analyst Targets Have Cooled Less Than the Price * TIKR Values Vistra Stock at $208, Pricing In ERCOT's Long-Term Recovery * Should You Invest in Vistra Corp.? * Looking for New Opportunities? * Disclaimer: General Investing Earnings Updates Join thousands of investors worldwide who use TIKR to supercharge their investment analysis.
Former banker says the real AI trade isn't chips, it's electricity: 4 stocks to watch. 25 August 2026, 09:50 UTC Updated 25 August 2026, 09:50 UTC * Analyst Felix Prehn published a thread identifying four stocks tied to AI power demand. * Constellation Energy signed 920 megawatts in new nuclear power agreements this quarter. * GE Vernova's backlog reached $176 billion, driven largely by AI data center orders. Analyst and former banker Felix Prehn published a thread on August 24 arguing that most retail investors missed the 500% to 1,000% gains already seen in Palantir, Intel, and Seagate. He now points to four companies sitting at what he calls the true bottleneck of artificial intelligence: electricity. This article is not financial advice. Stock prices are volatile, past performance does not guarantee future results, and readers should conduct their own research or consult a licensed advisor before making any investment decision. Why power companies became the new AI trade. Prehn's thesis centers on a structural shortage rather than a speculative narrative. Big Tech companies are signing long-term contracts to secure nuclear and other generation capacity, even as hundreds of billions of dollars pour into chips and data center construction. Without reliable, clean power, he argues, spending cannot fully materialize into operating capacity. The four companies below sit directly in the path of that demand, each tied to concrete contracts with major AI infrastructure buyers rather than speculative exposure to the sector. Constellation Energy (CEG). Constellation owns the largest nuclear fleet in the United States, including Three Mile Island, which was restarted under the name Crane Clean Energy Center. In the second quarter of 2026, the company signed 920 megawatts of new long-term nuclear power purchase agreements, averaging 18.5 years in duration, including a deal with Walmart. Management raised its adjusted operating earnings guidance to $11.50 to $12.50 per share, with the CEO describing existing plants as the bedrock for powering data centers during this early phase. Shares trade near $273, down roughly 34% from a 52-week high of $412.70, according to TradingView data. Talen Energy (TLN). Talen owns the Susquehanna nuclear plant and holds a major long-term contract with Amazon Web Services covering up to 1,920 megawatts. In its second-quarter results, the company raised adjusted EBITDA guidance to $2.025 billion to $2.225 billion and free cash flow guidance to $1.2 billion to $1.35 billion. Talen also closed its Cornerstone acquisition and advanced a pipeline of roughly 4 gigawatts in data center options. Shares trade at $305, correcting from an all-time high near $451 reached in October 2025. Vistra (VST). Vistra holds long-term contracts with Meta and Amazon and recently launched Helix Digital Infrastructure alongside NVIDIA, KKR, and the Kuwait Investment Authority, with an initial commitment of up to $1 billion. In the second quarter, the company posted more than 30% growth in ongoing operations adjusted EBITDA and reaffirmed its full-year 2026 guidance. It also received FERC approval for its acquisition of Cogentrix. Shares trade near $135, well off a 52-week high of $219.82. GE Vernova (GEV). GE Vernova sells gas turbines, generation equipment, and grid infrastructure, with a backlog that reached $176 billion. AI data center orders more than doubled during the first half of 2026 compared to all of 2025, while its gas turbine backlog hit 116 gigawatts, with management expecting to surpass 125 gigawatts by year-end. The company recently launched a new MV-UPS system built specifically for AI factories and signed battery storage contracts in Australia. Shares trade around $942, near an all-time high of roughly $1,196 reached in July 2026. What investors should weigh before following this thesis. All four companies share the same underlying catalyst: growing, contracted demand for the clean, reliable power that AI infrastructure requires. That structural setup differentiates them from purely speculative AI plays tied to chip demand or software hype alone. Prehn himself flagged the key risk directly. If AI spending slows, or if the profits these buildouts assume fail to materialize on schedule, share prices across this group could fall sharply, given how much of their recent value already reflects future expectations. He recommended having a clear exit strategy in place before entering any of these positions. As with any concentrated thematic bet, diversification and position sizing matter as much as the underlying thesis itself. None of the information above constitutes financial advice. Readers should independently verify current prices, company fundamentals, and risk factors, and consider consulting a licensed financial advisor before making investment decisions based on this analysis. More on AI News? Disclaimer BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.