VSOGFNYSECrude Petroleum & Natural GasUS GAAP · USD

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

Vista Energy, S.A.B. de C.V. is an upstream oil and natural gas company with operations centered on hydrocarbon exploration and production. The company is organized as a Mexican holding company and conducts a significant part of its business through Vista Energy Argentina S.A.U., its main operating subsidiary.

Liikevaihto2 474milj. USD
+50,2 %v/v
Liikevoitto (EBIT)1 234milj. USD
+87,6 %v/v
EBIT-marginaali49,9%
+10,0 %-yks.v/v
Nettotulos719milj. USD
+50,6 %v/v
Vapaa kassavirta−671milj. USD
−540,0 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2022–2025

05001 0001 5002 0002 500milj. USD2022: 1 188 milj. USD2022: EBIT 467 milj. USD20222023: 1 169 milj. USD2023: EBIT 572 milj. USD20232024: 1 648 milj. USD2024: EBIT 658 milj. USD20242025: 2 474 milj. USD2025: EBIT 1 234 milj. USD20252 4741 234
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Crude oil production75 %

Exploration, development, and sale of crude oil from operated assets.

Natural gas production20 %

Extraction and sale of natural gas from the company's producing fields.

Exploration and development activities5 %

Capital-intensive drilling and field development work that supports future production.

Asiakkaat

Vista sells hydrocarbons into the commodity market rather than to a broad branded consumer base. Its buyers typically include refiners, marketers, and industrial users that purchase crude oil and natural gas for processing or energy supply. Pricing is driven by benchmark crude and gas markets, so customers buy for feedstock reliability, quality, and delivered volume.

Refiners

Buy crude oil streams for refinery feedstock and supply continuity.

Energy marketers and traders

Buy production volumes for resale, logistics, or portfolio balancing.

Industrial gas users

Buy natural gas for energy input or local supply needs.

Utilities and power buyers

Buy gas volumes where applicable to support generation and distribution.

Strategia

Vista's strategy is centered on developing and monetizing operated oil and gas assets through continued drilling, reserve replacement, and infrastructure-supported production growth. The company also relies on disciplined capital access, including debt and equity markets, to fund long-cycle field development and maintain flexibility across commodity cycles.

Increase production from operated assetsLyhyt aikaväli

Higher operated volumes improve scale, unit economics, and reserve monetization.

Strengthen reserve baseKeskipitkä aikaväli

Reserve replacement is essential for sustaining future cash generation in an upstream model.

Preserve financing flexibilityKeskipitkä aikaväli

Upstream projects are capital intensive and require access to debt and equity markets.

Maantiede

Vista is headquartered in Mexico City but its operating footprint is tied primarily to Argentina through Vista Argentina. That geography matters because the company is exposed to Argentine operating conditions, local infrastructure, and fiscal and regulatory regimes, while also accessing international capital markets through U.S. listings and debt issuance.

Riskit

Vista is exposed to commodity price volatility, since revenues depend on benchmark oil and gas prices while much of the cost base is relatively fixed. The business also faces execution, reserve, and country risks tied to drilling success, production decline, and operating conditions in Argentina, as well as refinancing and foreign-currency risks common in capital-intensive upstream producers.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Commodity price volatility1Reserve and drilling execution risk2Argentina country risk3Refinancing and liquidity risk4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Commodity price volatilityVaikutus: KorkeaTodennäköisyys: Korkea

    Upstream revenue is tied to market prices for crude oil and natural gas.

    Kohdistuu: Crude oil and gas sales

  2. Reserve and drilling execution riskVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Production depends on successful drilling, reservoir performance, and field development.

    Kohdistuu: Operated assets in Argentina

  3. Argentina country riskVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Local regulations, taxes, permits, and infrastructure can change project economics.

    Kohdistuu: Primary operating geography

  4. Refinancing and liquidity riskVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Capital-intensive development requires continued access to debt markets.

    Kohdistuu: Senior notes and development capex

Kirjanpito

Harkinnanvaraiset erät
Reserve estimates

Reserve revisions affect depletion rates, asset values, and future production outlook.

Vaikutus: Changes can materially alter earnings and book value

Impairment testing

Oil and gas assets are sensitive to commodity prices, discount rates, and reserve assumptions.

Vaikutus: Could trigger non-cash write-downs

Depletion and depreciation

Upstream assets are expensed over proved reserve lives and production volumes.

Vaikutus: Affects operating profit and unit cost trends

Foreign currency translation

Parent-level reporting and dollar financing can create exchange-rate effects.

Vaikutus: Can add volatility to equity and financing results

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 28.9.2026

Vista Energy, S.A.B. de C.V. (VSOGF) liikevaihto, tulos ja tunnusluvut 2025 – Clarifo