Vista Energy Sab De Cv Class A · BMV:VISTA/A
Vista Energy Sab De Cv Class A — Vista Oil & Gas, S.A.B. de C.V. — Q3 2021 Earnings Presentation
13 slides from Vista Energy Sab De Cv Class A's earnings presentation, Oct 27, 2021
Slide 1: Third Quarter 2021 Earnings Webcast
Exhibit 1 Third Quarter 2021 Earnings Webcast October 27, 2021Exhibit 1 Third Quarter 2021 Earnings Webcast October 27, 2021
Slide 2: About projections and forward-looking statements
2 About projections and forward-looking statements Additional information about Vista Oil & Gas, 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.vistaoilandgas.com
Slide 3: Q3 2021 highlights
3 Q3 2021 highlights Continued growth in a positive free cash flow quarter 40.3 Mboe/d 31.0 Mbbl/d 175 $MM 7.3 $/boe +59% y-o-y +77% y-o-y +150% y-o-y (26)% y-o-y (1) Production Oil Production Revenue Lifting Cost 102.9 $MM 74.1 $MM 337 $MM 266 $MM +325% y-o-y +101% y-o-y 1.1x Adj. EBITDA (2) (3) (4
Slide 4: Production
4 Production Production growth driven by solid Bajada del Palo Oeste performance (1) TOTAL PRODUCTION OIL PRODUCTION NATURAL GAS PRODUCTION Mboe/d Mbbl/d MMm3/d +59% +77% +21% +11% 1% (2)% 1.40 40.3 39.9 31.5 1.26 31.0 1.16 25.4 17.5 Q3-20 Q2-21 Q3-21 Q3-20 Q2-21 Q3-21 Q3-20 Q2-21 Q3-21 ▪ Total prod
Slide 5: Revenues and pricing
5 Revenues and pricing Strong y-o-y revenue growth driven by an increase in production and higher realized prices REVENUES AVERAGE CRUDE OIL PRICE AVERAGE NATURAL GAS PRICE $MM $/Bbl $/MMBtu +150% +46% +89% +6% +4% +19% 4.1 175.0 57.0 54.9 165.3 3.5 39.1 2.2 69.9 Q3-20 Q2-21 Q3-21 Q3-20 Q2-21 Q3-21
Slide 6: Lifting Cost
6 Lifting Cost Maintained flat lifting cost per boe q-o-q with stable production (1) LIFTING COST LIFTING COST PER BOE $MM $/boe +18% (26)% 9.9 +3% 27.2 26.5 7.3 7.3 23.0 40.3 39.9 25.4 Q3-20 Q2-21 Q3-21 Q3-20 Q2-21 Q3-21 Lifting cost per boe Total production (Mboe/d) ▪ Lifting cost per boe down 26%
Slide 7: Adjusted EBITDA
7 Adjusted EBITDA Maintained strong netback (1) (2) ADJ. EBITDA ADJ. EBITDA MARGIN NETBACK $MM % $/boe +325% +24pp +167% +1% (3)pp (1)% 102.9 102.3 62% 59% 28.2 27.8 35% 10.4 57.0 54.9 47.2 24.2 45.5 39.1 29.9 Q3-20 Q2-21 Q3-21 Q3-20 Q2-21 Q3-21 Q3-20 Q2-21 Q3-21 (3) Adj. EBITDA margin Realized crud
Slide 8: Financial overview
8 Financial overview Operating cash flow driving organic deleveraging (1) Q3 2021 CASH FLOW EVOLUTION Q3 2021 GROSS DEBT EVOLUTION $MM $MM Beginning of period Operating activities Investing activities Financing activities End of period D e b t at the end Bank & bond Debt after Bond series XI Other D
Slide 9: Business development
9 Business development Acquisition of 50% working interest in Aguada Federal and Bandurria Norte from ConocoPhillips DEAL BASICS ▪ Vista assumed the outstanding carry consideration of 77 $MM and made no upfront payment for 50% non-operating working interest in Aguada Federal and Bandurria Norte ▪ Pu
Slide 10: ESG progress
10 ESG progress Reducing our carbon footprint (1) (1) Reinforcing our 2021 GHG emissions commitments Forcasted GHG emissions intensity Kg CO2e/boe Currently executing 3 projects to reduce venting, forecasted to: 1 ~ (30)% ▪ Reduce 100,000 tons of CO2e p.a. run rate, which offsets 100% emissions driv
Slide 11: Updating 2021 guidance
11 (1) Updating 2021 guidance Improving 2021 guidance on the back of strong execution and higher realization prices SHALE OIL WELLS PRODUCTION LIFTING COST 20 wells 38.0 - 39.0 ~7.5 PPP tied-in Mboe/d $/boe ▪ 16 wells already tied-in ▪ YTD total production is 38.1 Mboe/d▪ YTD lifting cost is 7.4$/bo
Slide 12: Closing remarks
12 Closing remarks12 Closing remarks
Slide 13: Investor Day Strategic Update, 9 December 2021
th SAVE 9 DECEMBER 2021 9 AM EST THE Investor Day Strategic Update Event hosted by Miguel Galuccio, Chairman and DATE CEO, and other members of the Executive Teamth SAVE 9 DECEMBER 2021 9 AM EST THE Investor Day Strategic Update Event hosted by Miguel Galuccio, Chairman and DATE CEO, and other membe
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