Vista Oil & Gas, S.A.B. de C.V. Sponsored ADR (VIST) came out with quarterly earnings of $0.23 per share, missing the Zacks Consensus Estimate of $0.90 per share.
Vista Oil & Gas (VIST) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Vista Energy's robust management and strategic acquisitions have driven significant production growth in the Argentine Vaca Muerta basin since its inception in 2017. The Vaca Muerta basin's productivity surpasses major U.S. basins, positioning Vista as a key player in Argentina's unconventional oil sector. Financial performance from 2018 to 2024 shows remarkable growth, with EBITDA increasing from $195 million to $900 million and proven reserves rising to $3.2 billion.
Vista Energy's stock price surged 650% over five years, driven by strong operational growth, increased oil production, and expanding global demand, positioning it for continued growth. Q3 2024 results show a 53% YOY revenue increase, with oil production up 53% and adjusted EBITDA rising 37%, highlighting operational efficiency. Vista's investments in Vaca Muerta and global financing strategies, including bond issuance, underpin its long-term growth potential and financial stability.
Vista Energy is a high-growth, Vaca Muerta pure play, expected to reach 95k BOED by 2025 and 150k BOED by 2030. The company is nearing self-funding status, potentially enabling debt reduction, dividends, and share buybacks, assuming oil prices stay above US$60bbl. Vista's valuation is attractive with a price target of US$73, driven by a 5x EV/EBITDA multiple, reflecting its superior growth profile.
While higher lifting expenses hurt VIST's Q3 earnings, increased production and realized commodity prices offset the negative partially.
Vista Energy, S.A.B. de C.V. (NYSE:VIST ) Q3 2024 Earnings Conference Call October 24, 2024 9:00 AM ET Company Participants Alejandro Chernacov - Co-Founder, Strategic Planning and Investor Relations Officer Miguel Galuccio - Chairman and Chief Executive Officer Conference Call Participants Vicente Falanga - Bradesco BBI Tasso Vasconcellos - UBS Bruno Montanari - Morgan Stanley Marina Mertens - Latin Securities Daniel Guardiola - BTG Pactual Leonardo Marcondes - Bank of America Ignacio Sabelle - Itau BBA Andres Cardona - Citi Henrique Cunha - JPMorgan Matias Cattaruzzi - AdCap Securities Alejandro Demichelis - Jefferies Operator Good day, and thank you for standing by.
Vista Oil & Gas, S.A.B. de C.V. Sponsored ADR (VIST) came out with quarterly earnings of $0.55 per share, missing the Zacks Consensus Estimate of $1.36 per share.
A favorable commodity pricing scenario is likely to have aided demand for VIST's exploration and production activities in Q3.
Vista Oil & Gas (VIST) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
I am bullish on Vista Energy due to its strong financials, strategic partnerships, and significant production growth in Vaca Muerta. Vista's revenues increased by 66% YoY in Q2'24, driven by 40% production growth and high oil prices, showcasing solid financial health. The company's commitment to clean energy and strategic partnerships, like with Nabors, positions it well for future growth and reduced emissions.
The largest shale play outside North America has proven to be a tough nut to crack over the last decade. The formation is the Vaca Muerta shale in west-central Argentina, which remains to be fully developed despite efforts by some of the world's largest oil companies – including Chevron, Shell, BP, and ConocoPhillips – to make a go of it there.