VIST

Vista Oil & Gas, S.A.B. de C.V. operates in the energy sector, within the oil and natural gas exploration and production subsector, with American Depositary Receipts (ADRs) traded on the New York Stock Exchange. The company’s founding is associated with Miguel Galuccio, an energy industry executive with prior experience at international oil companies.

The company was established in a private setting, without direct government initiative. Its initial rationale was tied to the creation of an independent exploration and production platform in Latin America, focused on conventional and unconventional assets, operational efficiency, and capital discipline.

The core products consist of the production and commercialization of crude oil and natural gas. Activities encompass geological exploration, field development, drilling, extraction, processing, and the marketing of hydrocarbons, with a predominant focus on oil.

Its operating market has a regional scope, with operations concentrated in Argentina, particularly in the province of Neuquén, including significant areas within the Vaca Muerta formation. Production is primarily directed to the domestic market, with a smaller portion allocated to regional exports.

Market factors include international oil and gas prices, Argentine energy policies, development costs for unconventional fields, availability of transportation infrastructure, access to financing, competition with local and international operators, and environmental regulatory requirements.

The operational scale comprises thousands of barrels of oil equivalent produced per day, dozens of concession areas, specialized technical teams, and a concentrated base of producing and development-stage assets. Operations are capital- and technology-intensive.

The operating structure is organized by assets and geographic areas, integrating exploration, development, production, logistics, and marketing activities. The administrative headquarters is located in Mexico City, while technical and operational activities are concentrated in Argentina.

The primary trading ticker is VIST, listed on the New York Stock Exchange, representing Vista Oil & Gas ADRs in the U.S. equity market.

History and foundation

The company was founded in 2017 with the establishment of Vista Oil & Gas as an independent exploration and production company focused on Latin America, initially structured in Mexico with a strategic emphasis on Argentine assets.

In its early years of operation, the main challenges involved acquiring relevant assets, building local technical teams, and adapting to Argentina’s regulatory and macroeconomic environment. Early achievements included entry into strategic areas of Vaca Muerta.

Expansion and growth occurred through the acquisition of producing fields, investments in the development of unconventional reserves, and a gradual increase in oil production, consolidating its position as a relevant operator in the Argentine market.

Historical milestones include the completion of an initial public offering (IPO) in 2018 on the Mexican Stock Exchange, the subsequent listing of ADRs on the New York Stock Exchange, and the acquisition of significant assets from Shell Argentina and other operators, expanding scale and reserves.

Between 2020 and 2024, relevant developments included operational resilience during periods of oil price volatility, progress in the development of Vaca Muerta, financial and strategic adjustments, production expansion, access to international capital markets, and fluctuations in share performance influenced by global macroeconomic, foreign exchange, and energy market conditions.

Additional Information

The Company Vista Oil Gas ADR (United States), is listed on Nasdaq with a market value of $ 7.72 Billions, having an equity of $ 2.51 Billions.

The Company is listedthe in the sector of Others and categorized in industry of Others.

In the last 12 months the Company had a revenue of $ 2.47 Billions, which generated a profit in the amount of $ 719.06 Millions.

As for its main indicators, the Company has a P/E ratio of 10.73, a P/BV ratio of 3.07 and in the last 12 months the Company did not pay dividends.

The Company is traded internationally through the ticker VIST.