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Vista Energy SAB de CV - ADR (K:VIST)

Business Focus: Oil & Gas Exploration and Production

Sector:  Energy Industry:  Oil & Gas Exploration and Production
 
Company Contact
Address: Pedregal 24
piso 4, Colonia Molino del Rey
MIGUEL HIDALGO 01210
Tel: N/A
Website: https://www.vistaenergy.com
IR: See website
Key People
Miguel M. Galuccio
Chairman of the Board, Chief Executive Officer
Pablo Manuel Vera Pinto
Chief Financial Officer
Juan Garoby
Chief Operations Officer
Alejandro Chernacov
Director - Strategic Planning and Investor Relations
   
Business Overview
Vista Energy SAB de CV, formerly Vista Oil & Gas SA de CV, is a Mexico-based company engaged in the energy sector. The Company focuses on the identification, acquisition and development of oil and gas fields in Latin America, primarily in Mexico, Argentina, Brazil and Colombia.
Financial Overview
For the fiscal year ended 31 December 2023, Vista Energy SAB de CV - ADR revenues increased 2% to $1.17B. Net income increased 47% to $397M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Other income increase from $26.7M to $203.8M (income), Losses on change in fair value of deriva decrease from $30.4M (expense) to $0K.