Vistra Corp strengthens itself with an acquisition in the natural gas sector — Stock showing potential bottom formation!

Natural gas is playing an increasingly important role in the power supply of AI data centers. In this regard, it is interesting to note that the American energy producer Vistra Energy announced on January 5th the acquisition of Cogentrix Energy and its 10 natural gas power plants for approximately 4 billion USD. This significantly strengthens the natural gas portfolio, expanding it by about 5.5 gigawatts of gas-fired power plants through the acquisition. The stock has consolidated over the past few months after marking an all-time high of 220...