Mexico · Delayed Price · Currency is MXN Vista Energy Earnings Call Transcripts
Fiscal Year 2026
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Q2 2026 saw record production and financial results, driven by organic growth and the Equinor asset acquisition. Revenues rose 89% year-over-year to $1.15 billion, Adjusted EBITDA nearly doubled, and net income increased 37%. Guidance and leverage targets remain on track.
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Q1 2026 saw strong production and revenue growth, with updated guidance reflecting higher output, EBITDA, and free cash flow under various Brent price scenarios. The Equinor acquisition and new trading operations are set to further boost results and financial flexibility.
Fiscal Year 2025
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Record production and EBITDA growth in 2025 were driven by organic expansion and strategic M&A, with robust cost reductions and a strong export focus. 2026 guidance targets further production and EBITDA growth, supported by disciplined capital allocation and new asset integration.
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Production and EBITDA are set to grow sharply through 2028, driven by operational excellence, cost reductions, and a robust export model. Financial discipline, strong Free Cash Flow, and sustainability initiatives underpin industry-leading shareholder returns.
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Q3 2025 saw record production and revenue growth, driven by new well tie-ins and the PETRONAS acquisition, with cost efficiencies and strong export pricing. Guidance for Q4 and full-year production and CapEx was raised, with robust financial flexibility and ongoing M&A appetite.
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Q2 2025 saw transformational growth from the La Amarga Chica acquisition, driving record production, revenue, and adjusted EBITDA, while cost efficiencies and capital discipline position the company for strong cash flow and further growth in 2025.
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Q1 2025 saw 47% year-over-year production growth and a 38% revenue increase, driven by the consolidation of La Amarga Chica and the elimination of trucking costs. The transformational acquisition boosts reserves, scale, and cash flow, with updated guidance to be issued in Q2.
Fiscal Year 2024
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Delivered strong double-digit growth in production and Adjusted EBITDA for 2024, with robust reserve additions and a significant share price increase. Guidance for 2025 targets 35–40% production growth, supported by expanded infrastructure and disciplined capital allocation.
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Record Q3 production and revenue growth were driven by new wells and strong execution, with 2024 and 2025 guidance reaffirmed and updated for further double-digit growth. CapEx ramped up, and export sales surged, while cost discipline and capital flexibility remain priorities.
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Record Q2 production and revenue growth were driven by new wells and higher oil prices, with adjusted EBITDA up 90% year-over-year. Guidance for 2024 production remains strong, and expanded infrastructure and a new frac set position the company for accelerated growth in 2025.