Vista Energy Sab De Cv Class A · BMV:VISTA/A
Vista Energy Sab De Cv Class A — Q4 2024 Earnings Presentation
15 slides from Vista Energy Sab De Cv Class A's earnings presentation, Feb 27, 2025
Slide 1: Fourth Quarter and Full Year 2024 Earnings Webcast
Fourth Quarter and Full Year 2024 Earnings Webcast February 27, 2025
Slide 2: About projections and forward-looking statements
02 About projections and forward-looking statements Additional information about Vista Energy, S.A.B. de C.V., a sociedad anónima bursátil de capital variable organized under the laws of Mexico (the “Company” or “Vista”) can be found in the “Investors” section on the website at www.vistaenergy.com.
Slide 3: Robust quarterly performance; annual guidance delivered
03 Robust quarterly performance; annual guidance delivered Q4 2024 HIGHLIGHTS Production (1) Oil Production Revenues Lifting Cost (2) CAPEX (3) 85.3 Mboe/d 73.5 Mbbl/d 471 $MM 4.7 $/boe 340 $MM 51% y-o-y 52% y-o-y 52% y-o-y 8% y-o-y 60% y-o-y 17% q-o-q 16% q-o-q (1)% q-o-q Adj. EBITDA (4) Net Income
Slide 4: Strong interannual and sequential production growth
04 Strong interannual and sequential production growth TOTAL PRODUCTION (1) OIL PRODUCTION NATURAL GAS PRODUCTION Mboe/d Mbbl/d MMm3/d +51% +52% +52% +17% +27% +16% 1.81 85.3 72.8 73.5 1.42 63.5 1.19 56.4 48.5 Q4-23 Q3-24 Q4-24 Q4-23 Q3-24 Q4-24 Q4-23 Q3-24 Q4-24 ▪ Recorded 17% sequential production
Slide 5: Revenue growth above 50% y-o-y
05 Revenue growth above 50% y-o-y REVENUES (1) AVG. REALIZED OIL PRICE AVG. REALIZED NATURAL GAS PRICE $MM $/bbl $/MMBtu +52% +3% 462.4 471.3 67.8 68.4 67.1 3.8 309.2 2.2 2.3 Q4-23 Q3-24 Q4-24 Q4-23 Q3-24 Q4-24 Q4-23 Q3-24 Q4-24 % of export in total revenues 52% 54% 55% Oil exports (MMbbl) 2.0 3.5 3
Slide 6: Low cost, fully-focused shale oil producer
06 Low cost, fully-focused shale oil producer LIFTING COST (1) LIFTING COST PER BOE (1)(2) $MM $/boe +64% +8% 36.6 31.6 4.7 4.7 4.3 22.3 85.3 72.8 56.4 Q4-23 Q3-24 Q4-24 Q4-23 Q3-24 Q4-24 Lifting cost per boe Total production (Mboe/d) ▪ Interannual increase driven by inflation in US Dollars impactin
Slide 7: Adj. EBITDA in line with annual guidance
07 Adj. EBITDA in line with annual guidance ADJ. EBITDA (1) ADJ. EBITDA MARGIN (2) ADJ. EBITDA (1) $MM % $MM (5)% (16)p.p. +25% 1,092 310.2 288.1 73% 273.3 871 65% +27% 57% 67.8 68.4 67.1 Q4-23 Q3-24 Q4-24 Q4-23 Q3-24 Q4-24 2023 2024 Adj. EBITDA Difference in Gains from exports increase Adj. EBITDA
Slide 8: Positive free cash flow quarter
08 Positive free cash flow quarter 8 Q4 2024 CASH FLOW EVOLUTION (1) FREE CASH FLOW (3) $MM $MM 451 764 107 369 57 256 (312) (74) Beginning of period Operating activities Investing activities Financing activities End of period Q4-23 Q3-24 Q4-24 cash position cash flow cash flow cash flow (2) cash po
Slide 9: Full year 2024 highlights
09 Full year 2024 highlights Increased P1 RESERVES TOTAL RRR P1 reserves 375 MMboe 323% 18% y-o-y Delivered solid PRODUCTION LIFTING COST (1) operating 69.7 Mboe/d 4.6 $/boe performance +36% y-o-y (10)% y-o-y Progressed in GHGE INTENSITY (2) TRIR (3) sustainability 8.8 kgCO e/boe 2 0.6 metrics (44)%
Slide 10: Recorded a Reserves Replacement Ratio of 323%
10 Recorded a Reserves Replacement Ratio of 323% Proved reserves as of December 31, 2024 (1) Key drivers MMboe ▪ Added 52 new well locations in Bajada del Palo Oeste, 34 in Bajada del Palo Este, 15 in 82.2 375.2 Aguada Federal and 2 in Aguila Mora, resulting in a total of 400 booked P1 well location
Slide 11: Achieved significant operating milestones during 2024
11 Achieved significant operating milestones during 2024 Delivered profitable Prepared for continued growth profitable growth ▪ Tied-in 50 new wells during ▪ Secured 3rd drilling rig and the year, 62% above y-o-y, 2nd frac set driving boost in production and delivery of new well ▪ Upgraded oil treat
Slide 12: Solid progress in our emissions reduction and NBS projects during 2024
12 Solid progress in our emissions reduction and NBS projects during 2024 Decarbonizing our operations NBS projects progress Forest Conservation - Salta Mixed Reforestation - Formosa ▪ Completed critical facilities, GHG EMISSIONS (1) GHG EMISSIONS INTENSITY (1) baseline assessments ▪ Launched new pr
Slide 13: Delivered superior total shareholder returns
13 Delivered superior total shareholder returns ADJ. EBITDA (1) NET LEVERAGE RATIO SHARE PRICE PERFORMANCE (4) $MM In line with 2024 guidance x Adj. EBITDA Since Dec 29, 2023, to Dec 31, 2024 ADJ. EBITDA 60 +83% Adj. EBITDA Margin 1,092 0.63x 871 0.46x 765 0.40x 50 67% 69% 65% 40 2022 2023 2024 YE-2
Slide 14: Closing remarks
14 Closing remarks Another year delivering on annual guidance across key metrics Robust operational performance, Updated our 2025 targets, after increasing total production and securing D&C equipment and oil P1 reserves midstream capacity Significantly reduced our scope 1 and Achieved strong financi
Slide 15: Thanks! Q&A
VISTA ENERGY FOR TOMORROW THANKS! Q&A
Vista Energy S.A.B. de C.V. — Q4 2024 Earnings Presentation on 6ix