economic cycle the current economy is so strong it's allowing the stocks to work let's sit down with kurt morgan's the present and ceo of viscera energy mr. morgan welcome to "mad money. >> hey jim, thanks a lot for having me on you got a great show here. >> you're too kind thank you. we have introduced people to the american electric powers, to the anyonon dominions, could you please describe why visit ra is different. >> and we're what we refer to as a competitive generator with a retail energy provider we don't have any regulated revenue streams. we're free to deploy capital outside of the regulatory scheme there's opportunity for us to create returns above regulated returns. and if you could deploy capital at the right time of the cycle you can create returns but you have to be disciplined with a strong balance sheet >> so you incorporate with with your very very good balance sheet and you become a yew tilt that could grow faster than you could even in texas? >> that's correct. this was a complementary deal. we were exclusively in texas and now we're in multiple states we're going to be a lo

kurt morgan came out of energy capital partners on the private equity side, they had an interest in dynegyas there and the synergies from this transaction where worth about $4 billion and, you know, amazingly, right, we thought this would happen we didn't know when. and it just got announced yesterday. but there's some other really cool catalysts here and the great thing is that don't get too confused about price versus valuation. that can fool you or maybe that's your trick here the treat really on halloween is that this stock should be up in the upper 20s easily just based on the dynegy news and really it's down a little bit. >> why is it so -- once we see the shares of both companies popping, you have a sense the industry needed this to happen dynegy has a bunch of debt why is this such an attractive move for vistra to make? >> well, specifically, there's $350 billion of synergies, $5 million to $6 million of tax shield on a present value basis. you put those together one of the things we think is really interesting sb wh ining happened in texas. the combined company is going to bt larg