Vista Energy, S.A.B. de C.V.

Vista Energy, S.A.B. de C.V.

VSOGF
Vista Energy, S.A.B. de C.V.US flagOther OTC
75.00
USD
- -
- -
8.36BMarket Cap
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.08
5.85
5.2
3.13
7.54
13.52
12.48
17.18
24.14
27.79
Basic EPS, GAAP
0.15
-0.53
-0.41
-1.17
0.57
3.07
4.24
4.98
7.02
7.13
Free Cash Flow per Basic Share
0.15
-0.47
-1.38
-0.72
0.89
2.33
0.17
-1.09
-6.55
-6.72
Dividend per Share
0.07
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-1.15
8.45
7.4
5.59
6.12
8.28
11.63
14.77
22.79
23.41
Tangible Book Value per Share
2.93
7.41
6.76
5.25
6.04
9.21
12.96
16.51
24.1
24.53
Basic Weighted Avg Shares
95
57
80
87
88
88
94
96
102
104
Sales/Revenue/Turnover
198
331
416
274
665
1,188
1,169
1,648
2,474
2,901
Operating Margin (%)
7.96
20.7
3.88
-19.01
28.38
44.6
56.16
37.7
33.48
31.11
Depreciation Expense
63
75
153
148
191
235
276
438
739
843
Net Income, GAAP
14
-30
-33
-103
51
270
397
478
719
744
Effective Tax Rate (%)
31.39
269.9
- -
- -
66.84
37.83
27.21
19.18
28.43
26.57
Profit Margin (%)
7.02
-9.01
-7.87
-37.51
7.61
22.69
33.96
28.98
29.06
25.65
Working Capital
69
51
180
-66
-11
-61
67
-5
-141
-406
LT Debt
- -
294
398
367
467
498
590
1,440
2,892
2,703
Total Equity
280
480
604
509
565
844
1,247
1,621
2,512
2,599
Return on Invested Capital (%)
- -
-21.27
- -
- -
5.36
23.86
27.52
18.04
12.39
12.73
Return on Capital (%)
- -
-16.81
- -
- -
6.2
23.36
27.01
22.46
20.56
19.73
Return on Common Equity (%)
- -
- -
-6.12
-19.02
9.85
42.53
43.69
38.11
38.32
37.74

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
576
406
1,068
LT Borrowings
2,370
2,804
2,625
LT Finance Leases
45
88
78
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
104
104
105
Market Capitalization
3,260
4,966
7,175

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
747
896
1,353
Cash, Cash Equivalents & STI
324
541
617
Accounts Receivable, Net
190
196
448
Inventories
13
9
10
Total Current Liabilities
1,211
1,036
1,759
Payables & Accruals
606
594
677
ST Debt
576
406
1,068
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
38.63%
54.92%
Free Cash Flow
- -
-71.71%
540.01%
Net Income, GAAP
- -
80.2%
50.58%
Sales/Revenue/Turnover
- -
62.18%
50.15%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
317
397
462
471
1,648
2025
438
611
706
719
2,474
2026
865
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.83
1.44
1.73
0.98
4.98
2025
0.86
2.26
- -
0.82
7.02
2026
1.03
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Miguel Matias Galuccio
Full Time Employees
528
Sector
Energy
Industry
Oil & Gas Exploration & Production
Address
Pedregal 24 Mexico City DF Mexico 11040
IPO Date
Mar 8, 2021
Business
Vista Energy, S.A.B. de C.V. (NYSE: VIST; BMV: VISTA; OTC: VSOGF) is a Mexico-based independent oil and gas exploration and production company primarily focused on developing unconventional shale resources in Argentina's Vaca Muerta formation within the Neuquina Basin. Founded in 2017 and headquartered in Mexico City at Torre Mapfre, Avenida Paseo de la Reforma 243, the company produces light crude oil for domestic refineries and international exports, natural gas for industrial consumers, power generation, and petrochemical sectors, and liquefied petroleum gas (LPG), with principal operations in Argentina supplemented by producing assets in Mexico. Vista employs advanced horizontal drilling and multi-stage hydraulic fracturing techniques on multi-well pads to optimize recovery from its core assets, including the Bajada del Palo Oeste block and Entre Lomas concession, achieving low lifting costs below $5 per barrel of oil equivalent and record production levels exceeding 127,000 barrels of oil equivalent per day (Mboe/d) in Q3 2025 on a pro forma basis. The company targets Latin American markets, exporting significant oil volumes to access global Brent benchmarks while managing domestic sales amid Argentina's economic dynamics, and maintains a strong balance sheet with net debt to adjusted EBITDA below 1.0x. In April 2025, Vista completed a transformative $1.2 billion acquisition of Petronas E&P Argentina S.A. (PEPASA), securing a 50% working interest in the 46,594-acre La Amarga Chica concession operated by YPF S.A., which added approximately 40,000 boe/d of production (71% oil), 140 million barrels of oil equivalent in P1 reserves, 200 ready-to-drill locations, and substantial midstream capacity including 57,000 bbl/d oil transportation, enhancing scale to pro forma Q4 2024 output of 125,000 boe/d, bolstering free cash flow, and creating operating synergies adjacent to its development hub. This deal, financed via cash, deferred payments, and 7.3 million ADSs, followed a $675 million 2024 acquisition of Pampa Energía and Pluspetrol assets in Vaca Muerta, driving 55.7 million boe reserve additions and positioning Vista as Argentina's second-largest Vaca Muerta oil producer and third-largest national oil producer in 2024. Recent Q3 2025 results reflect pro forma P1 reserves of 519 million barrels of oil equivalent as of December 2024 and LTM adjusted EBITDA of $1.752 billion, underscoring accelerated growth, portfolio diversification in the black oil window, and commitment to operational excellence, sustainability, and shareholder value in a low-breakeven, high-margin profile.