Vista Energy, S.A.B. de C.V. (NYSE: VIST; BMV: VISTA), a player in the crude petroleum and natural gas sector, announced today that it will disclose its consolidated financial statements for the full year of 2024 and the fourth quarter on Wednesday, February 26, 2025, after the market closes. The Mexico City-based company, previously known as Vista Oil & Gas, S.A.B. de C.V., will review these results in a webcast scheduled for the following day, Thursday, at 9:00 am Eastern Time.
The webcast, which will provide an opportunity for investors and analysts to discuss the company's performance, will be available on Vista's investor relations website. According to InvestingPro, analysts maintain a strong buy consensus with price targets ranging from $58.56 to $77.79. This announcement follows the company's regular reporting schedule and is in line with its obligations as a foreign issuer under the United States Securities and Exchange Commission regulations.
In its press release, Vista also included forward-looking statements, cautioning that actual future results could differ from current expectations due to various risks and uncertainties. The company referred interested parties to its filings with the SEC and its annual report for details on these risk factors.
Vista Energy has established itself in the energy and transportation sector and is incorporated in Mexico, with a fiscal year ending on December 31. This communication, based on a press release statement, provides investors with advance notice of when to expect detailed financial information and how they can participate in the live discussion of the company's financial outcomes.
In other recent news, Vista Oil & Gas reported robust Q3 results, with total production reaching 72,800 barrels of oil equivalent per day, marking a 47% increase from last year. Revenues rose by 53% to $462 million, and adjusted EBITDA increased by 37% to $310 million. In addition, Vista Energy Argentina, a subsidiary of the company, confirmed its participation in the Vaca Muerta Sur Project, a crude oil export pipeline project expected to commence operations in 2027. The company's subsidiary has secured a minority interest in the project and a commitment for 50,000 barrels per day of capacity.
On the financial front, Vista Energy Argentina successfully priced a $600 million notes offering, bearing an interest rate of 7.625% and a weighted average life of 10 years. These developments follow UBS analysts' recent downgrade of Vista Oil & Gas stock from Buy to Neutral, citing potential long-term uncertainties despite the company's strong track record and positive economic changes in Argentina. The revised rating indicates a cautious outlook for the company in the near term.
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