Vista Energy, S.A.B. de C.V. CEDEAR (each 3 rep 1 ADS) (VISTD)
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Vista Energy, S.A.B. de C.V. CEDEAR (each 3 rep 1 ADS) (VISTD) FAQ
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Vista Energy, S.A.B. de C.V. CEDEAR (each 3 rep 1 ADS) Profile
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Miguel Matias Galuccio CEO | BCBA Exchange | - ISIN |
| MX Country | 584 Employees | - Last Dividend | 24 Jan 2024 Last Split | 26 Jul 2019 IPO Date |
Overview
Vista Energy, S.A.B. de C.V., is a significant player in the oil and gas industry within Latin America, with a primary focus on the exploration and production sectors. With a rich portfolio of principal assets strategically located in the Neuquina basin, Argentina, and the renowned Vaca Muerta shale formation, the company emerges as a pivotal entity in the regional energy market. Initially founded as Vista Oil & Gas, S.A.B. de C.V., the corporation underwent a name change to Vista Energy, S.A.B. de C.V. in April 2022, signifying a broadened energy mandate. Founded in 2017, and nestled at the heart of Mexico City, Mexico, Vista Energy commands a presence not just in Argentina, but extends its operational prowess to Mexico, further cementing its footprint across key energy landscapes in Latin America. The company is also actively engaged in drilling and workover activities, primarily within Argentina, showcasing its comprehensive involvement across the energy production cycle.
Products and Services
- Exploration and Production of Oil and Gas
As the core of its business, Vista Energy specializes in the exploration and production (E&P) of oil and gas, particularly in Latin America. The company leverages its significant assets in the Neuquina basin and Vaca Muerta shale formation in Argentina, alongside producing assets in Argentina and Mexico, to extract valuable hydrocarbons. This focus on strategic locations allows Vista Energy to tap into some of the most prolific oil and gas reserves in the region, ensuring a steady supply of energy resources.
- Drilling and Workover Activities
Vista Energy is deeply involved in drilling and workover operations, primarily in Argentina. These activities are essential for maintaining and increasing the productivity of oil and gas wells, thereby optimizing the recovery of resources. Through these services, the company plays a crucial role in extending the life of existing wells and improving their performance, ensuring the sustainability and expansion of its production capacities.
