展示 1
2024年10月23日，墨西哥墨西哥城
Vista Energy, S.A.b. de C.V.（「Vista」或「公司」）（紐交所：VISt於紐約證券交易所；BMV：VISTA於墨西哥證券交易所）今日報告了2024年第三季度的財務和營運成果。
2024年第三季度亮點：
| • | 2024年第三季度的總產量為72,825桶油當量/日，較2023年第三季度增長47%，相比上季度增長12%，主要受益於 增長期 的井活動，已經 聯接 在過去十二個月內成功聯接了51口新井，生產力強勁。2024年第三季度的原油產量為63,499桶/日，增長了53%。 同比 並且比上個季度高出11%。 |
| • | 在2024年第三季度，平均實現wti原油價格為68.4美元/桶，較2024年第二季度的平均實現wti原油價格低5%，而較2023年第三季度增加1%。在2024年第三季度，72%的商業化原油銷售量以出口平價價格出售，結合國際和國內市場。 |
| • | 在2024年第三季度，實現的天然氣價格為3.8美元/MMBtu，較2023年第三季度高出14%。在此季度，總量的8%以平均7.0美元/MMBtu的價格出口。 |
| • | 2024年第三季度的總營業收入為462.4百萬美元，較上年增長53% 同比， 主要受到53%的石油生產增長推動。本季度的凈營業收入為443.6百萬美元。來自出口平價價格銷售的凈石油收入為313.7百萬美元，結合國際和國內市場。來自石油和天然氣出口的凈營業收入為240.8百萬美元，佔總凈營業收入的54%。 |
| • | 2024年第三季度的提升成本為4.7美元/桶油當量，較2023年第三季度下降2%，這是由於產量增加所驅動，部分被美元通脹抵消。按順序計算，每桶油當量的提升成本增加了5%，這是由於收集、處理、天然氣壓縮和發電方面成本的上升，以適應目前的產量和未來的增長。 |
| • | 2024年第三季的調整後EBITDA為310.2百萬美元，同比增長37%。 同比增長， 主要受到穩定的油價和每桶油的提升成本下強勁營業收入增長的驅動。調整後EBITDA的利潤率為65%，比2023年第三季低10個百分點。按順序計算，調整後EBITDA增長了8%， 而調整後EBITDA利潤率則下降了6個百分點。 |
| • | 2024年第三季的調整凈利潤總計為52.7百萬美元，同比下降57%。 同比下降， 主要受到較高的當期所得稅費用及折舊、耗損和攤銷的影響，部分被較高的調整後EBITDA所抵消。2024年第三季的調整每股收益為0.6美元/分享，較2023年第三季的1.3美元/分享有所下降。 |
| • | 2024年第三季的資本支出為368.5百萬美元。公司在Vaca Muerta油井的鑽探、完井和修補上投資了282.6百萬美元（主要與鑽探12口井和完井15口井相關），在開發設施上投資了63.3百萬美元，以及在G&G研究及其他項目上投資了22.6百萬美元。 |
第2頁
| • | 2024年第三季，自由現金流為 -74.4 百萬美元，較下降 -43.5 百萬美元，較2023年第三季的百萬美元和2024年第二季的8.3百萬美元。在本季度，營運活動產生的現金為254.9百萬美元，受到中遊擴張支付19.5百萬美元和流動資本增加51.9百萬美元的影響。投資活動中的現金流為329.3百萬美元，主要受到瓦卡穆埃塔的鑽探和完工活動的推動，部分被42.3百萬美元的減少的資本支出相關工作資本所抵銷。籌資活動中的現金流為2.2百萬美元 (1)，主要來自於借款的142.7百萬美元收益，部分抵銷了回購股份49.9百萬美元和還款74.1百萬美元的負擔。 |
| (1) | 2024年第三季的籌資活動現金流是：(i) 用於籌資活動的現金流1.9百萬美元；(ii) 收益流量隨著外匯匯率變動以及現金和現金等價物的其他財務結果3.8百萬美元；和(iii) 政府債券變動0.3百萬美元的總和。 |
第三頁
Production
Total average net daily production
| Q3-24 | Q2-24 | Q3-23 | p y/y | p q/q | ||||||||||||||||
| Total (boe/d) |
72,825 | 65,288 | 49,450 | 47 | % | 12 | % | |||||||||||||
| Oil (bbl/d) |
63,499 | 57,204 | 41,490 | 53 | % | 11 | % | |||||||||||||
| Natural Gas (MMm3/d) |
1.42 | 1.26 | 1.22 | 16 | % | 12 | % | |||||||||||||
| NGL (boe/d) |
414 | 139 | 304 | 36 | % | 199 | % | |||||||||||||
Average daily production during Q3 2024 was 72,825 boe/d, a 47% increase y-o-y, mainly driven by the ramp-up in well activity, having tied-in 51 new wells in the last twelve months. On a sequential basis, total production increased by 12%, driven by the tie-in of 23 wells between May and September 2024. Oil production was 63,499 bbl/d during Q3 2024, an interannual growth of 53% and an 11% increase compared to Q2 2024. Natural gas production in Q3 2024 was 1.42 MMm3/d, a 16% increase y-o-y and a 12% increase compared to Q2 2024. NGL production in Q3 2024 was 414 boe/d, a 36% increase y-o-y, and a 199% increase q-o-q.
Q3 2024 Average net daily production by asset
| Target | Interest | Oil (bbl/d) |
Natural Gas (MMm3/d) |
NGL (boe/d) |
Total (boe/d) |
% Total daily average |
||||||||||||||||||||||
| Total WI production per concession |
63,499 | 1.42 | 413.8 | 72,825 | 100 | % | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||
| Aguada Federal |
Shale | 100 | % | 6,436 | 0.14 | 15.7 | 7,360 | 10 | % | |||||||||||||||||||
| Águila Mora |
Shale | 90 | % | 551 | 0.03 | — | 742 | 1 | % | |||||||||||||||||||
| Bajada del Palo Este |
Shale | 100 | % | 6,104 | 0.04 | 11.0 | 6,387 | 9 | % | |||||||||||||||||||
| Bajada del Palo Oeste |
Shale | 100 | % | 47,260 | 0.96 | 75.7 | 53,385 | 73 | % | |||||||||||||||||||
| Bandurria Norte |
Shale | 100 | % | — | — | — | — | — | ||||||||||||||||||||
| Bajada del Palo Este |
Conventional | 100 | % | 12 | 0.01 | 4.1 | 102 | 0 | % | |||||||||||||||||||
| Bajada del Palo Oeste |
Conventional | 100 | % | 34 | 0.06 | 2.0 | 386 | 1 | % | |||||||||||||||||||
| Coirón Amargo Norte |
Conventional | 84.6 | % | 43 | 0.00 | — | 51 | 0 | % | |||||||||||||||||||
| CS-01 (México) |
Conventional | 100 | % | 534 | 0.00 | — | 547 | 1 | % | |||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||
| Total operated production |
60,974 | 1.25 | 108.5 | 68,958 | 95 | % | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||
| 25 de Mayo-Medanito (1) |
Conventional | — | 643 | 0.01 | — | 689 | 1 | % | ||||||||||||||||||||
| Acambuco |
Conventional | 1.5 | % | (3 | ) (2) | 0.03 | — | 167 | 0 | % | ||||||||||||||||||
| Agua Amarga (1) |
Conventional | — | 85 | 0.01 | 6.8 | 131 | 0 | % | ||||||||||||||||||||
| Entre Lomas (1) |
Conventional | — | 1,177 | 0.08 | 298.4 | 1,985 | 3 | % | ||||||||||||||||||||
| Jagüel de los Machos (1) |
Conventional | — | 622 | 0.04 | — | 895 | 1 | % | ||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||
| Total non-operated production |
2,525 | 0.16 | 305.2 | 3,867 | 5 | % | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||
| Total shale production |
60,351 | 1.18 | 102.4 | 67,874 | 93 | % | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||
| Total conventional production |
3,148 | 0.24 | 311.4 | 4,951 | 7 | % | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||
| (1) | Transferred Conventional Assets operated by Aconcagua, effective as of March 1, 2023. Since that date, Vista remains entitled to 40% of crude oil and natural gas production and reserves, and 100% of LPG and condensates production, of the Transferred Conventional Assets. |
| (2) | Negative amounts reflect the effects of adjustments in the production of the prior quarter |
Page 4
收入
每種產品的總收入
| 每種產品的收入 - 單位爲百萬美元 |
Q3-24 | Q2-24 | Q3-23 | p同比 | p環比 | |||||||||||||||
| 營業收入 |
462.4 | 396.7 | 302.8 | 53 | % | 17 | % | |||||||||||||
| 出口稅 |
(18.8 | ) | (11.8 | ) | (13.1 | ) | 44 | % | 59 | % | ||||||||||
| 淨收入 |
443.6 | 384.9 | 289.7 | 53 | % | 15 | % | |||||||||||||
| 石油 |
422.3 | 362.8 | 272.6 | 55 | % | 16 | % | |||||||||||||
| 出口市場 |
237.9 | 148.2 | 165.4 | 44 | % | 61 | % | |||||||||||||
| 國內市場 |
184.4 | 214.6 | 107.2 | 72 | % | (14 | )% | |||||||||||||
| 國內市場按出口平價 |
75.8 | 102.4 | 15.3 | 395 | % | (26 | )% | |||||||||||||
| 天然氣 |
20.2 | 21.9 | 16.4 | 23 | % | (8 | )% | |||||||||||||
| 出口市場 |
2.9 | 6.0 | 0.5 | 459 | % | (51 | )% | |||||||||||||
| 國內市場 |
17.2 | 15.8 | 15.9 | 9 | % | 9 | % | |||||||||||||
| 天然氣液體 |
1.1 | 0.3 | 0.7 | 51 | % | 301 | % | |||||||||||||
平均實現價格按產品分類
| 產品 |
Q3-24 | Q2-24 | Q3-23 | p同比 | p環比 | |||||||||||||||
| 石油（$/桶） |
68.4 | 71.8 | 67.6 | 1 | % | (5 | )% | |||||||||||||
| 出口市場 |
68.8 | 76.6 | 74.9 | (8 | )% | (10 | )% | |||||||||||||
| 國內市場 |
67.8 | 68.9 | 58.8 | 15 | % | (2 | )% | |||||||||||||
| 國內市場按出口平價計算 |
75.4 | 78.8 | 78.6 | (4 | )% | (4 | )% | |||||||||||||
| 天然氣（$/MMBTU） |
3.8 | 3.9 | 3.3 | 14 | % | (2 | )% | |||||||||||||
| 出口市場 |
7.0 | 7.7 | 9.3 | (26 | )% | (9 | )% | |||||||||||||
| 國內市場 |
3.5 | 3.3 | 3.3 | 8 | % | 8 | % | |||||||||||||
| NGL（$/噸） |
315 | 299 | 233 | 35 | % | 5 | % | |||||||||||||
按產品劃分的總銷售量
| 產品 |
Q3-24 | Q2-24 | Q3-23 | p同比 | p環比 | |||||||||||||||
| 石油 (百萬桶) |
6.18 | (1) | 5.05 | 4.03 | 53 | % | 22 | % | ||||||||||||
| 出口市場 |
3.46 | 1.93 | 2.21 | 57 | % | 79 | % | |||||||||||||
| 國內市場 |
2.72 | 3.12 | 1.82 | 49 | % | (13 | )% | |||||||||||||
| 以出口平價計算的國內市場 |
1.01 | 1.30 | 0.19 | 416 | % | (23 | )% | |||||||||||||
| 天然氣 (百萬MMBTU) |
5.30 | 5.61 | 4.90 | 8 | % | (6 | )% | |||||||||||||
| 出口市場 |
0.42 | 0.79 | 0.06 | 651 | % | (46 | )% | |||||||||||||
| 國內市場 |
4.88 | 4.82 | 4.84 | 1 | % | 1 | % | |||||||||||||
| NGL (萬噸) |
3.52 | 0.92 | 3.15 | 12 | % | 281 | % | |||||||||||||
| (1) | 在2024年第三季度，總石油銷售量比石油生產量高出約0.34百萬桶。這些量 是從庫存中提取的。 |
第5頁
在2024年第三季度，總收入爲462.4百萬美元，比2023年第三季度增長了53%。淨收入爲443.6百萬美元。來自石油和天然氣出口的淨收入爲240.8百萬美元，佔總淨收入的54%。
2024年第三季度，WTI原油淨收入總計422.3百萬美元， 佔總淨收入的95.2%， 比2023年第三季度增長了55%，這得益於強勁的石油生產增長。該季度的平均實現石油價格爲68.4美元/桶，比去年同季度高出1%。在2024年第三季度，公司以實現價格68.8美元/桶出口了56%的WTI原油銷售量。石油出口市場的淨收入佔淨WTI原油收入的56%，在該季度達到了237.9百萬美元。2024年第三季度，44%的油量以71.2美元/桶的平均價格出售給國內市場，或67.8美元/桶的價格，扣除公路運輸成本（有關詳細信息，請參見銷售費用部分）。在該季度，37%的國內銷售量以出口平價定價，導致72%的總油銷售量以出口平價出售，結合國際買家和支付出口價格的國內買家的銷售。
2024年第三季度，天然氣淨收入爲20.2百萬美元，佔總淨收入的4.6%。該季度的天然氣平均實現價格爲3.8美元/MMBtu，比2023年第三季度增長了14%。計劃氣體佔總天然氣銷售量的49%，在該季度的平均實現價格爲4.1美元/MMBtu。對工業客戶的銷售佔總天然氣銷售量的43%，平均實現價格爲2.9美元/MMBtu。剩餘的8%的總天然氣銷售量以平均實現價格7.0美元/MMBtu出口。
2024年第三季度，NGL淨收入爲1.1百萬美元，佔總淨收入的0.2%。NGL的平均價格爲315美元/噸。
提升成本
| Q3-24 | Q2-24 | Q3-23 | p同比 | p環比 | ||||||||||||||||
| 提升成本（百萬美元） |
31.6 | 26.7 | 21.9 | 44 | % | 18 | % | |||||||||||||
| 提升成本 ($/桶) |
4.7 | 4.5 | 4.8 | (2 | )% | 5 | % | |||||||||||||
在本季度，提升成本爲31.6 $Mm，意味着每桶的提升成本爲4.7 $/桶。按單位成本計算，提升成本 同比下降2%，反映出固定成本的稀釋，因爲公司繼續進行 ramp-up 生產。這一影響部分被美元通脹抵消。
按順序計算，每桶的提升成本增加了5%。這是由於彙集、處理、氣體壓縮和發電等成本的上升，以 適應當前生產和未來增長。
第6頁
銷售費用
| Q3-24 | Q2-24 | Q3-23 | p同比 | p環比 | ||||||||||||||||
| 銷售費用（百萬美元） |
36.8 | 22.1 | 17.7 | 108 | % | 66 | % | |||||||||||||
| 銷售費用（每桶成本） |
5.5 | 3.7 | 3.9 | 42 | % | 48 | % | |||||||||||||
2024年第三季度的銷售費用爲36.8百萬美元，同比增長108% 同比， 並且增長了66% 按季度比較， 主要受到更高的油品運輸成本推動， 受到生產增加和季度內公路運輸WTI原油的臨時影響。
中游-腦機公路運輸成本
在2024年第三季度，公司運輸了12.3 Mbbl/d的WTI原油，其中69%作爲銷售費用，總計16.4百萬美元，31%從油收入的銷售價格中扣除，總計6.7百萬美元。在2024年第二季度，公司運輸了7.9 Mbbl/d的WTI原油，其中100%從油收入的銷售價格中扣除，總計11.1百萬美元。在2023年第三季度，公司運輸了2.9 Mbbl/d的WTI原油，其中100%從油收入的銷售價格中扣除，總計4.2百萬美元。
調整後的 EBITDA
| 調整後的EBITDA reconciliations（百萬美元） |
Q3-24 | Q2-24 | Q3-23 | p y | p q | |||||||||||||||
| 期間淨利潤 |
165.5 | 139.6 | 83.1 | 82.4 | 25.8 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
| (+) 所得稅費用 / (收益) |
29.1 | 29.9 | 30.6 | (1.5 | ) | (0.8 | ) | |||||||||||||
| (+) 財務收入（支出），淨 |
(7.2 | ) | 10.0 | 31.9 | (39.2 | ) | (17.3 | ) | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
| 營業利潤 |
187.3 | 179.6 | 145.6 | 41.7 | 7.7 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
| (+) 折舊、耗竭和攤銷 |
114.7 | 101.0 | 70.6 | 44.1 | 13.7 | |||||||||||||||
| (+) 重組和重整費用 |
— | — | — | — | — | |||||||||||||||
| (+) 長期資產的減值（逆轉） |
— | — | — | — | — | |||||||||||||||
| (+) 與常規資產轉讓相關的收益 |
— | — | — | — | — | |||||||||||||||
| (+) 其他 非現金 與傳統資產轉讓相關的成本 |
8.2 | 7.8 | 10.2 | (2.0 | ) | 0.4 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
| 調整後的 EBITDA (1) |
310.2 | 288.4 | 226.4 | 83.7 | 21.8 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
| 調整後的EBITDA利潤率（%） (2) |
65 | % | 70 | % | 75 | % | (10 | )百分點 | (6 | )百分點 | ||||||||||
| (1) | 調整後的EBITDA = 年度利潤，淨額 + 所得稅（費用）/收益 + 財務收入（費用），淨額 + 折舊、耗竭和攤銷 + 與業務組合相關的交易成本 + 重組及重整費用 + 與傳統資產轉讓相關的收益 + 其他 非現金 與傳統資產轉讓相關的成本 + 長期資產減值（恢復）. |
| (2) | 調整後的EBITDA利潤率 = 調整後的EBITDA / (總收入 + 出口增加計劃收益). 調整後的EBITDA利潤率 爲 Q3-24 （65%） = 調整後的EBITDA (310.2百萬美元) / (總收入 (462.4百萬美元) + 出口增加計劃收益 (16.7百萬美元)). |
第7頁
在2024年第三季度，調整後的EBITDA爲310.2百萬美元，比2023年第三季度增長37%，主要受到強勁的營業收入增長、穩定的油價和每桶石油當量的提升成本的推動。從季度環比來看，調整後的EBITDA增加了8%。
在2024年第三季度，調整後的EBITDA利潤率爲65%，比2023年第三季度低10個百分點，受到臨時通過卡車交通WTI原油導致的23.1百萬美元的影響。截至2023年第四季度，公司已調整了調整後EBITDA利潤率的定義，以增加出口增加計劃的收益，如上表所示。2024年第三季度出口增加計劃的收益爲16.7百萬美元，而2024年第二季度爲12.5百萬美元。
調整後凈利潤
| 調整後的凈利潤對賬（百萬美元） |
Q3-24 | Q2-24 | Q3-23 | p y | p q | |||||||||||||||
| 期間凈利潤 |
165.5 | 139.6 | 83.1 | 82.4 | 25.8 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
| 調整: |
— | — | ||||||||||||||||||
| (+) 遞延所得稅 |
(120.9 | ) | (75.7 | ) | 29.3 | (150.2 | ) | (45.2 | ) | |||||||||||
| (+) Warrants公允價值變動 |
— | — | — | — | — | |||||||||||||||
| (+) 長期資產的減值（逆轉） |
— | — | — | — | — | |||||||||||||||
| (+) 與常規資產轉讓相關的收益 |
— | — | — | — | — | |||||||||||||||
| (+) 其他 非現金 與傳統資產轉讓相關的成本 |
8.2 | 7.8 | 10.2 | (2.0 | ) | 0.4 | ||||||||||||||
| 對凈利潤的調整 |
(112.8 | ) | (67.9 | ) | 39.4 | (152.2 | ) | (44.9 | ) | |||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
| 調整後的凈利潤 |
52.7 | 71.7 | 122.5 | (69.8 | ) | (19.0 | ) | |||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
| 調整後的每股收益（$ /股） (1) |
0.55 | 0.74 | 1.29 | (0.74 | ) | (0.19 | ) | |||||||||||||
2024年第三季度的調整後凈利潤爲5270萬美元，而2023年第三季度爲12250萬美元。 同比 變化主要是由於(a) 2024年第三季度的當前所得稅費用爲1.5億美元，而2023年第三季度爲140萬美元，(b) 2024年第三季度的折舊、耗竭和攤銷爲1.147億美元，而2023年第三季度爲7060萬美元; 部分抵消因素是(c) 2024年第三季度的調整後EBITDA爲3.102億美元，而2023年第三季度爲2.264億美元，以及(d) 2024年第三季度的財務結果爲720萬美元，而2023年第三季度則爲3190萬美元的虧損。
調整後的每股收益 (1)2024年第三季度的每股收益爲0.55美元，而2023年第三季度爲1.29美元，2024年第二季度爲0.74美元。
| (1) | 調整後每股收益（每股收益）：調整後凈利潤除以普通股的加權平均數量。 2024年第三季度、2024年第二季度和2023年第三季度的普通股加權平均數分別爲95,745,288股、96,690,120股和95,066,657股。 |
第8頁
資本支出
2024年第三季度的資本支出爲368.5百萬美元。公司在瓦卡穆爾塔油井的鑽井、完井和修井方面投資了282.6百萬美元（主要與12個油井的鑽探和15個油井的完井有關），在開發設施方面投資了63.3百萬美元，在地質與地球物理研究及其他項目方面投資了22.6百萬美元。
富國銀行 連通 在2024年第三季度期間
| 特許權 |
井名 | 墊號 | 着陸區 | 側長（米） | 總壓裂階段 | |||||||||||||||
| 巴哈達爾帕洛西 |
2831 | BPO-27 | 廚房 | 3,546 | 61 | |||||||||||||||
| 巴哈達爾帕洛西 |
2832 | BPO-27 | 廚房 | 2,901 | 50 | |||||||||||||||
| 西下樁 |
2833 | BPO-27 | 廚房 | 3,516 | 59 | |||||||||||||||
| 西下樁 |
2834 | BPO-27 | 廚房 | 3,124 | 53 | |||||||||||||||
| 西下樁 |
2835 | BPO-27 | 廚房 | 3,154 | 55 | |||||||||||||||
| 巴哈達德帕洛西 |
2231 | BPO-28 | 廚房 | 3,128 | 54 | |||||||||||||||
| 巴哈達德帕洛西 |
2232 | BPO-28 | 有機 | 2,824 | 49 | |||||||||||||||
| 巴哈達爾帕洛西 |
2233 | BPO-28 | 廚房 | 3,128 | 54 | |||||||||||||||
| 巴哈達爾帕洛西 |
2234 | BPO-28 | 有機 | 2,813 | 49 | |||||||||||||||
| 巴哈達爾帕洛東 |
2021 | BPE-5 | 廚房 | 3,070 | 53 | |||||||||||||||
| 東巴哈達 |
2022 | BPE-5 | 廚房 | 3,128 | 53 | |||||||||||||||
| 東巴哈達 |
2023 | BPE-5 | 廚房 | 3,070 | 53 | |||||||||||||||
財務概覽
在2024年第三季度，Vista保持了良好的資產負債表，在季度末現金儲備爲256.0百萬美元。經營活動產生的現金流爲254.9百萬美元，受到中遊擴張的提前付款19.5百萬美元和流動資金增加51.9百萬美元的影響。用於投資活動的現金流在本季度達到329.3百萬美元，主要由於在瓦卡穆爾塔的鑽探和完工活動（見上面的資本支出部分），反映出368.5百萬美元的資本支出，部分抵消了42.3百萬美元的與資本支出相關的流動資金減少。在2024年第三季度，自由現金流爲負74.4百萬美元。
在2024年第三季度，融資活動產生的現金流總計爲2.2百萬美元。 (1)主要受到借款產生的收入142.7百萬美元的驅動，部分抵消了49.9百萬美元的股票回購和74.1百萬美元的借款償還。
截至季度末，總債務爲975.2百萬美元，淨債務爲719.2百萬美元。在2024年第三季度末，淨槓桿比率保持在0.65倍調整後EBITDA，相較於2023年第三季度末的0.66倍。
| (1) | 2024年第三季度融資活動產生的現金流爲： (i) 融資活動使用的現金流爲1.9百萬美元； (ii) 外匯匯率變化及現金及現金等價物的其他財務結果的影響爲3.8百萬美元； (iii) 政府債券的變動爲0.3百萬美元。 |
第9頁
Vista Energy S.A.B. de C.V.
Profit for the period
(Amounts expressed in thousand U.S. dollars)
| Q3 2024 | Q2 2024 | Q3 2023 | ||||||||||
| Total Revenues (1) |
462,383 | 396,715 | 302,760 | |||||||||
| Oil |
441,193 | 374,688 | 285,639 | |||||||||
| Natural Gas |
20,082 | 21,751 | 16,388 | |||||||||
| NGL and others |
1,108 | 276 | 733 | |||||||||
|
|
|
|
|
|
|
|||||||
| Cost of Sales |
(230,007 | ) | (188,671 | ) | (148,557 | ) | ||||||
|
|
|
|
|
|
|
|||||||
| Operating costs |
(31,614 | ) | (26,738 | ) | (21,924 | ) | ||||||
| Crude oil stock fluctuation |
(7,056 | ) | 3,654 | (1,209 | ) | |||||||
| Depreciation, depletion and amortization |
(114,703 | ) | (101,005 | ) | (70,600 | ) | ||||||
| Royalties and others (1) |
(68,482 | ) | (56,790 | ) | (44,655 | ) | ||||||
| Other non-cash costs related to the transfer of conventional assets |
(8,152 | ) | (7,792 | ) | (10,169 | ) | ||||||
|
|
|
|
|
|
|
|||||||
| Gross profit |
232,376 | 208,044 | 154,203 | |||||||||
|
|
|
|
|
|
|
|||||||
| Selling expenses |
(36,828 | ) | (22,140 | ) | (17,673 | ) | ||||||
| General and administrative expenses |
(29,247 | ) | (22,390 | ) | (15,031 | ) | ||||||
| Exploration expenses |
(3 | ) | (2 | ) | 148 | |||||||
| Other operating income |
21,176 | 16,987 | 23,849 | |||||||||
| Other operating expenses |
(174 | ) | (908 | ) | 153 | |||||||
|
|
|
|
|
|
|
|||||||
| Operating profit |
187,300 | 179,591 | 145,649 | |||||||||
|
|
|
|
|
|
|
|||||||
| Interest income |
1,360 | 1,319 | 299 | |||||||||
| Interest expense |
(21,022 | ) | (11,219 | ) | (4,842 | ) | ||||||
| Other financial income (expense) |
26,902 | (130 | ) | (27,375 | ) | |||||||
|
|
|
|
|
|
|
|||||||
| Financial income (expense), net |
7,240 | (10,030 | ) | (31,918 | ) | |||||||
|
|
|
|
|
|
|
|||||||
| Profit/(Loss) before income tax |
194,540 | 169,561 | 113,731 | |||||||||
|
|
|
|
|
|
|
|||||||
| Current income tax expense |
(149,989 | ) | (105,613 | ) | (1,378 | ) | ||||||
| Deferred income tax benefit/(expense) |
120,908 | 75,692 | (29,251 | ) | ||||||||
|
|
|
|
|
|
|
|||||||
| Income tax (expense)/benefit |
(29,081 | ) | (29,921 | ) | (30,629 | ) | ||||||
|
|
|
|
|
|
|
|||||||
| Profit for the period, net |
165,459 | 139,640 | 83,102 | |||||||||
|
|
|
|
|
|
|
|||||||
| (1) | As of Q4 2023, “Export Duties” are included in the “Royalties and others” line and added to the “Revenues” line. Previously, the “Revenues” line was presented net of export duties. Q3 2023 values were adjusted accordingly in the tables shown in this document. This adjustment has no effect on Adjusted EBITDA nor Net profit/loss. |
Page 10
Vista Energy S.A.B. de C.V.
Consolidated Balance Sheet
(Amounts expressed in thousand U.S. dollars)
| As of September 30, 2024 | As of December 31, 2023 | |||||||
| Property, plant and equipment |
2,596,993 | 1,927,759 | ||||||
| Goodwill |
22,576 | 22,576 | ||||||
| Other intangible assets |
11,047 | 10,026 | ||||||
| Right-of-use assets |
54,170 | 61,025 | ||||||
| Investments in associates |
10,830 | 8,619 | ||||||
| Trade and other receivables |
177,930 | 136,351 | ||||||
| Deferred income tax assets |
— | 5,743 | ||||||
| Total noncurrent assets |
2,873,546 | 2,172,099 | ||||||
| Inventories |
2,434 | 7,549 | ||||||
| Trade and other receivables |
349,674 | 205,102 | ||||||
| Cash, bank balances and other short-term investments |
256,027 | 213,253 | ||||||
| Total current assets |
608,135 | 425,904 | ||||||
|
|
|
|
|
|||||
| Total assets |
3,481,681 | 2,598,003 | ||||||
|
|
|
|
|
|||||
| Deferred income tax liabilities |
135,175 | 383,128 | ||||||
| Lease liabilities |
28,677 | 35,600 | ||||||
| Provisions |
25,882 | 12,339 | ||||||
| Borrowings |
725,239 | 554,832 | ||||||
| Employee benefits |
20,518 | 5,703 | ||||||
| Total noncurrent liabilities |
935,491 | 991,602 | ||||||
| Provisions |
5,052 | 4,133 | ||||||
| Lease liabilities |
16,571 | 34,868 | ||||||
| Borrowings |
249,991 | 61,223 | ||||||
| Salaries and payroll taxes |
26,043 | 17,555 | ||||||
| Income tax liability |
296,852 | 3 | ||||||
| Other taxes and royalties |
28,659 | 36,549 | ||||||
| Trade and other payables |
402,713 | 205,055 | ||||||
| Total current liabilities |
1,025,881 | 359,386 | ||||||
| Total liabilities |
1,961,372 | 1,350,988 | ||||||
| Total Equity |
1,520,309 | 1,247,015 | ||||||
|
|
|
|
|
|||||
| Total equity and liabilities |
3,481,681 | 2,598,003 | ||||||
|
|
|
|
|
|||||
Page 11
Vista Energy S.A.B. de C.V.
Consolidated Income Statement
(Amounts expressed in thousand U.S. dollars)
| For the period from July 1st to September 30, 2024 |
For the period from July 1st to September 30, 2023 |
|||||||
| Revenue from contracts with customers |
462,383 | 302,760 | ||||||
| Revenues from crude oil sales |
441,193 | 285,639 | ||||||
| Revenues from natural gas sales |
20,082 | 16,388 | ||||||
| Revenues from LPG sales |
1,108 | 733 | ||||||
| Cost of sales |
(230,007 | ) | (148,557 | ) | ||||
| Operating costs |
(31,614 | ) | (21,924 | ) | ||||
| Crude oil stock fluctuation |
(7,056 | ) | (1,209 | ) | ||||
| Depreciation, depletion and amortization |
(114,703 | ) | (70,600 | ) | ||||
| Royalties and others |
(68,482 | ) | (44,655 | ) | ||||
| Other non-cash costs related to the transfer of conventional assets |
(8,152 | ) | (10,169 | ) | ||||
|
|
|
|
|
|||||
| Gross profit |
232,376 | 154,203 | ||||||
|
|
|
|
|
|||||
| Selling expenses |
(36,828 | ) | (17,673 | ) | ||||
| General and administrative expenses |
(29,247 | ) | (15,031 | ) | ||||
| Exploration expenses |
(3 | ) | 148 | |||||
| Other operating income |
21,176 | 23,849 | ||||||
| Other operating expenses |
(174 | ) | 153 | |||||
|
|
|
|
|
|||||
| Operating profit |
187,300 | 145,649 | ||||||
|
|
|
|
|
|||||
| Interest income |
1,360 | 299 | ||||||
| Interest expense |
(21,022 | ) | (4,842 | ) | ||||
| Other financial income (expense) |
26,902 | (27,375 | ) | |||||
|
|
|
|
|
|||||
| Financial income (expense), net |
7,240 | (31,918 | ) | |||||
|
|
|
|
|
|||||
| Profit before income tax |
194,540 | 113,731 | ||||||
|
|
|
|
|
|||||
| Current income tax (expense) |
(149,989 | ) | (1,378 | ) | ||||
| Deferred income tax benefit (expense) |
120,908 | (29,251 | ) | |||||
|
|
|
|
|
|||||
| Income tax (expense) |
(29,081 | ) | (30,629 | ) | ||||
|
|
|
|
|
|||||
| Profit for the period, net |
165,459 | 83,102 | ||||||
|
|
|
|
|
|||||
| Other comprehensive income |
(9,717 | ) | 60 | |||||
|
|
|
|
|
|||||
| Total comprehensive profit for the period |
155,742 | 83,162 | ||||||
|
|
|
|
|
|||||
Page 12
Vista Energy S.A.B. de C.V.
Consolidated Statement of Cash Flows
(Amounts expressed in thousand U.S. dollars)
| For the period from July 1st to September 30, 2024 |
For the period from July 1st to September 30, 2023 |
|||||||
| Cash flows from operating activities |
||||||||
| Profit for the period, net |
165,459 | 83,102 | ||||||
| Adjustments to reconcile net cash flows |
||||||||
| Items related to operating activities: |
||||||||
| Other non-cash costs related to the transfer of conventional assets |
8,152 | 10,169 | ||||||
| Share-based payments |
12,215 | 4,025 | ||||||
| Net increase (decrease) in provisions |
174 | (153 | ) | |||||
| Net changes in foreign exchange rate |
(9,474 | ) | (6,509 | ) | ||||
| Discount for well plugging and abandonment |
323 | 673 | ||||||
| Interest expense on lease liabilities |
644 | 645 | ||||||
| Discount of assets and liabilities at present value |
463 | (6,410 | ) | |||||
| Income tax expense |
29,081 | 30,629 | ||||||
| Employee benefits |
66 | 176 | ||||||
| Items related to investing activities: |
||||||||
| Gain from farmout agreement |
— | (18,773 | ) | |||||
| Interest income |
(1,360 | ) | (299 | ) | ||||
| Changes in the fair value of financial assets |
(9,104 | ) | 19,601 | |||||
| Depreciation and depletion |
113,232 | 69,595 | ||||||
| Amortization of intangible assets |
1,471 | 1,005 | ||||||
| Items related to financing activities: |
||||||||
| Interest expense |
21,022 | 4,842 | ||||||
| Amortized cost |
376 | 342 | ||||||
| Remeasurement in borrowings |
— | 16,515 | ||||||
| Other financial income (expense) |
(10,130 | ) | 2,518 | |||||
| Changes in working capital: |
||||||||
| Trade and other receivables |
(90,529 | ) | (91,026 | ) | ||||
| Inventories |
7,056 | 1,209 | ||||||
| Trade and other payables |
18,153 | 24,580 | ||||||
| Payments of employee benefits |
(124 | ) | (70 | ) | ||||
| Salaries and payroll taxes |
11,070 | 3,378 | ||||||
| Other taxes and royalties |
(6,811 | ) | (9,767 | ) | ||||
| Provisions |
(194 | ) | (380 | ) | ||||
| Income tax payment |
(6,348 | ) | (22,331 | ) | ||||
|
|
|
|
|
|||||
| Net cash flows provided by operating activities |
254,883 | 117,286 | ||||||
|
|
|
|
|
|||||
| Cash flows from investing activities: |
||||||||
| Payments for acquisitions of property, plant and equipment |
(326,188 | ) | (162,762 | ) | ||||
| Payments for the acquisition of AFBN assets |
— | (6,250 | ) | |||||
| Payments for acquisitions of other intangible assets |
(2,710 | ) | (1,176 | ) | ||||
| Payments for acquisitions of investments in associates |
(1,745 | ) | (100 | ) | ||||
| Prepayment of leases |
— | (14,161 | ) | |||||
| Payments received from farmout agreement |
— | 20,400 | ||||||
| Payments for other assets |
— | 2,994 | ||||||
Page 13
| Interest received |
1,360 | 299 | ||||||
|
|
|
|
|
|||||
| Net cash flows (used in) investing activities |
(329,283 | ) | (160,756 | ) | ||||
|
|
|
|
|
|||||
| Cash flows from financing activities: |
||||||||
| Proceeds from borrowings |
142,724 | 70,000 | ||||||
| Payment of borrowings cost |
(514 | ) | (387 | ) | ||||
| Payment of borrowings principal |
(74,110 | ) | (22,500 | ) | ||||
| Payment of borrowings interest |
(10,612 | ) | (6,855 | ) | ||||
| Payment of lease |
(10,922 | ) | (10,306 | ) | ||||
| Share repurchase |
(49,864 | ) | — | |||||
| Payments of other financial expense |
1,421 | (2,518 | ) | |||||
|
|
|
|
|
|||||
| Net cash flow provided by (used in) financing activities |
(1,877 | ) | 27,434 | |||||
|
|
|
|
|
|||||
| For the period from July 1st to September 30, 2024 |
For the period from July 1st to September 30, |
|||||||
|
|
|
|
|
|||||
| Net increase (decrease) in cash and cash equivalents |
(76,277 | ) | (16,036 | ) | ||||
|
|
|
|
|
|||||
| Cash and cash equivalents at beginning of period |
321,562 | 219,677 | ||||||
| Effect of exposure to changes in the foreign currency rate and other financial results of cash and cash equivalents |
3,777 | (32,795 | ) | |||||
| Net increase (decrease) in cash and cash equivalents |
(76,277 | ) | (16,036 | ) | ||||
|
|
|
|
|
|||||
| Cash and cash equivalents at end of the period |
249,062 | 170,846 | ||||||
|
|
|
|
|
|||||
Note: Vista’s historical operational and financial information is available on the Company’s website (www.vistaenergy.com/investors) in spreadsheet format.
Page 14
Glossary, currency and definitions:
| • | Note: Amounts are expressed in U.S. dollars, unless otherwise stated, and in accordance with International Financial Reporting Standards (IFRS). All the amounts are unaudited. Amounts may not match with totals due to rounding up. |
| • | Conversion metrics |
| • | 1 cubic meter of oil = 6.2898 barrels of oil |
| • | 1,000 cubic meters of gas = 6.2898 barrels of oil equivalent |
| • | 1 million British thermal units = 27.096 cubic meters of gas |
| • | p q/q: Represents the percentage variation quarter on quarter |
| • | p y/y: Represents the percentage variation year on year |
| • | p q: Represents the variation in million U.S. dollars quarter on quarter |
| • | p y: Represents the variation in million U.S. dollars year on year |
| • | $MM: Million U.S. dollars |
| • | $M: Thousand U.S. dollars |
| • | $/bbl: U.S. dollars per barrel of oil |
| • | $/boe: U.S. dollars per barrel of oil equivalent |
| • | $/MMBtu: U.S. dollars per million British thermal unit |
| • | $/tn: U.S. dollars per metric ton |
| • | Adj. EBITDA / Adjusted EBITDA: Profit for the year, net + Income tax (expense) / benefit + Financial income (expense), net + Depreciation, depletion and amortization + Transaction costs related to business combinations + Restructuring and reorganization expenses + Gain related to the transfer of conventional assets + Other non-cash costs related to the transfer of conventional assets + Impairment (reversal) of long-lived assets |
| • | Adjusted EBITDA margin: Adjusted EBITDA divided by Total Revenues plus Gain from Exports Increase Program |
| • | Adjusted EPS (Earnings per share): Adjusted Net Income/Loss divided by weighted average number of ordinary shares |
| • | Adjusted Net Income/Loss: Profit for the year, net + Deferred Income Tax (expense) + Changes in the fair value of the warrants + Impairment (reversal) of long-lived assets + Gain related to the transfer of conventional assets + Other non-cash costs related to the transfer of conventional assets |
| • | boe: barrels of oil equivalent (see conversion metrics above) |
| • | boe/d: Barrels of oil equivalent per day |
| • | bbl/d: Barrels of oil per day |
| • | Conventional Assets Transaction: assets transferred to Aconcagua, effective on March 1st, 2023. After such date Vista remains entitled to 40% of crude oil and natural gas production and reserves, and 100% of LPG and condensates production, of the Transferred Conventional Assets. |
| • | Free cash flow is calculated as Operating activities cash flow plus Investing activities cash flow |
| • | Lifting cost includes production, transportation, treatment and field support services; excludes crude oil stock fluctuations, depreciation, depletion and amortization, royalties and others, selling expenses, exploration expenses, general and administrative expenses and Other non-cash costs related to the transfer of conventional assets |
| • | MMboe: Million barrels of oil equivalent |
| • | MMm3/d: Million cubic meters per day |
Page 15
| • | Mts: meters |
| • | Plan Gas: refers to the regulation set forth by Resolution No. 391/2020 whereby Vista was allocated 0.86 MMm3/d volume over a total of 67.4 MMm3/d at an average annual price of 3.29 $/MMBtu for a four-year term ending of December 31, 2025 |
| • | Transferred Conventional Assets: Entre Lomas Río Negro, Entre Lomas Neuquén, Jarilla Quemada, Charco del Palenque, 25 de Mayo Medanito SE and Jagüel de los Machos concessions operated by Aconcagua, effective as of March 1, 2023 |
| • | Q#: Q followed by 1, 2, 3 or 4 represents the corresponding quarter of a certain year |
| • | q-o-q: Quarter on quarter |
| • | y-o-y: Year on year |
Page 16
DISCLAIMER
Additional information about Vista Energy, S.A.B. de C.V., a sociedad anónima bursátil de capital variable organized under the laws of Mexico (the “Company” or “Vista”) can be found in the “Investors” section on the website at www.vistaenergy.com.
This presentation does not constitute an offer to sell or the solicitation of any offer to buy any securities of the Company, in any jurisdiction. Securities may not be offered or sold in the United States absent registration with the U.S. Securities Exchange Commission (“SEC”), the Mexican National Securities Registry held by the Mexican National Banking and Securities Commission (“CNBV”) or an exemption from such registrations.
This presentation does not contain all the Company’s financial information. As a result, investors should read this presentation in conjunction with the Company’s consolidated financial statements and other financial information available on the Company’s website. All the amounts contained herein are unaudited.
Rounding amounts and percentages: Certain amounts and percentages included in this presentation have been rounded for ease of presentation. Percentage figures included in this presentation have not in all cases been calculated on the basis of such rounded figures, but on the basis of such amounts prior to rounding. For this reason, certain percentage amounts in this presentation may vary from those obtained by performing the same calculations using the figures in the financial statements. In addition, certain other amounts that appear in this presentation may not sum due to rounding.
This presentation contains certain metrics that do not have standardized meanings or standard methods of calculation and therefore such measures may not be comparable to similar measures used by other companies. Such metrics have been included herein to provide readers with additional measures to evaluate the Company’s performance; however, such measures are not reliable indicators of the future performance of the Company and future performance may not compare to the performance in previous periods.
No reliance should be placed for any purpose whatsoever on the information contained in this document or on its completeness. Certain information contained in this document has been obtained from published sources, which may not have been independently verified or audited. No representation or warranty, express or implied, is given or will be given by or on behalf of the Company, or any of its affiliates (within the meaning of Rule 405 under the Act, “Affiliates”), members, directors, officers or employees or any other person (the “Related Parties”) as to the accuracy, completeness or fairness of the information or opinions contained in this presentation or any other material discussed verbally, and any reliance you place on them will be at your sole risk. Any opinions presented herein are based on general information gathered at the time of writing and are subject to change without notice. In addition, no responsibility, obligation or liability (whether direct or indirect, in contract, tort or otherwise) is or will be accepted by the Company or any of its Related Parties in relation to such information or opinions or any other matter in connection with this presentation or its contents or otherwise arising in connection therewith.
This presentation also includes certain non-IFRS (International Financial Reporting Standards) financial measures which have not been subject to a financial audit for any period. The information and opinions contained in this presentation are provided as at the date of this presentation and are subject to verification, completion and change without notice.
This presentation includes “forward-looking statements” concerning the future. The words such as “believes,” “thinks,” “forecasts,” “expects,” “anticipates,” “intends,” “should,” “seeks,” “estimates,” “future” or similar expressions are included with the intention of identifying statements about the future. For the avoidance of doubt, any projection, guidance or similar estimation about the future or future results, performance or achievements is a forward-looking statement. Although the assumptions and estimates on which forward-looking statements are based are believed by our management to be reasonable and based on the best currently available information, such forward-looking statements are based on assumptions that are inherently subject to significant uncertainties and contingencies, many of which are beyond our control.
There will be differences between actual and projected results, and actual results may be materially greater or materially less than those contained in the projections. Projections related to production results as well as costs estimations are based on information as of the date of this presentation and reflect numerous assumptions including assumptions with respect to type curves for new well designs and certain frac spacing expectations, all of which are difficult to predict and
Page 17
many of which are beyond our control and remain subject to several risks and uncertainties. The inclusion of the projected financial information in this document should not be regarded as an indication that we or our management considered or consider the projections to be a reliable prediction of future events. As such, no representation can be made as to the attainability of projections, guidances or other estimations of future results, performance or achievements. We have not warranted the accuracy, reliability, appropriateness or completeness of the projections to anyone. Neither our management nor any of our representatives has made or makes any representation to any person regarding our future performance compared to the information contained in the projections, and none of them intends to or undertakes any obligation to update or otherwise revise the projections to reflect circumstances existing after the date when made or to reflect the occurrence of future events in the event that any or all of the assumptions underlying the projections are shown to be in error. We may or may not refer back to these projections in our future periodic reports filed or furnished under the Exchange Act. These expectations and projections are subject to significant known and unknown risks and uncertainties, which may cause our actual results, performance or achievements, or industry results, to be materially different from any expected or projected results, performance or achievements expressed or implied by such forward-looking statements. Many important factors could cause our actual results, performance or achievements to differ materially from those expressed or implied in our forward-looking statements, including, among other things: uncertainties relating to future government concessions and exploration permits; adverse outcomes in litigation that may arise in the future; general political, economic, social, demographic and business conditions in Argentina, Mexico and in other countries in which we operate; the impact of political developments and uncertainties relating to political and economic conditions in Argentina, including the policies of the newly elected government in Argentina; significant economic or political developments in Mexico and the United States; uncertainties regarding the new administration that took office in Mexico in October 2024; changes in law, rules, regulations and interpretations and enforcements thereto applicable to the Argentine and Mexican energy sectors and throughout Latin America, including changes to the regulatory environment in which we operate and changes to programs established to promote investments in the energy industry; any unexpected increases in financing costs or an inability to obtain financing and/or additional capital pursuant to attractive terms; any changes in the capital markets in general that may affect the policies or attitude in Argentina and/or Mexico, and/or Argentine and Mexican companies with respect to financings extended to or investments made in Argentina and Mexico or Argentine and Mexican companies; fines or other penalties and claims by the authorities and/or customers; any future restrictions on the ability to exchange Mexican or Argentine Pesos into foreign currencies or to transfer funds abroad; the revocation or amendment of our respective concession agreements by the granting authority; our ability to implement our capital expenditures plans or business strategy, including our ability to obtain financing when necessary and on reasonable terms; government intervention, including measures that result in changes to the Argentine and Mexican, labor markets, exchange markets or tax systems; continued and/or higher rates of inflation and fluctuations in exchange rates, including the devaluation of the Mexican Peso or Argentine Peso; any force majeure events, or fluctuations or reductions in the value of Argentine public debt; changes to the demand for energy; the effects of pandemic or epidemic and any subsequent mandatory regulatory restrictions or containment measures; environmental, health and safety regulations and industry standards that are becoming more stringent; energy markets, including the timing and extent of changes and volatility in commodity prices, and the impact of any protracted or material reduction in oil prices from historical averages; our relationship with our employees and our ability to retain key members of our senior management and key technical employees; the ability of our directors and officers to identify an adequate number of potential acquisition opportunities; our expectations with respect to the performance of our recently acquired businesses; our expectations for future production, costs and crude oil prices used in our projections; uncertainties inherent in making estimates of our oil and gas reserves including recently discovered oil and gas reserves; increased market competition in the energy sectors in Argentina and Mexico; potential changes in regulation and free trade agreements as a result of U.S., Mexican or other Latin American political conditions; environmental regulations and internal policies to achieve global climate targets; the ongoing conflict involving Russia and Ukraine; and more recently, the Israel-Hamas conflict.
Page 18
Forward-looking statements speak only as of the date on which they were made, and we undertake no obligation to release publicly any updates or revisions to any forward-looking statements contained herein because of new information, future events or other factors. In light of these limitations, undue reliance should not be placed on forward-looking statements contained in this presentation. Further information concerning risks and uncertainties associated with these forward-looking statements and Vista’s business can be found in Vista’s public disclosures filed on EDGAR (www.sec.gov) or at the web page of the Mexican Stock Exchange (www.bmv.com.mx).
You should not take any statement regarding past trends or activities as a representation that the trends or activities will continue in the future. Accordingly, you should not put undue reliance on these statements. This presentation is not intended to constitute and should not be construed as investment advice.
Other Information
Vista routinely posts important information for investors in the Investor Relations support section on its website, www.vistaenergy.com. From time to time, Vista may use its website as a channel of distribution of material information. Accordingly, investors should monitor Vista’s Investor Relations website, in addition to following Vista’s press releases, SEC filings, public conference calls and webcasts.
INVESTORS CONTACT:
ir@vistaenergy.com
Phone in Argentina: +54.11.3754.8500
Phone in Mexico: +52.55.8647.0128
Page 19