Vista Energy Sab De Cv Class A · BMV:VISTA/A
Vista Energy Sab De Cv Class A — Q1 2025 Earnings Presentation
12 slides from Vista Energy Sab De Cv Class A's earnings presentation, Apr 24, 2025
Slide 1: First Quarter 2025 Earnings Webcast
First Quarter 2025 Earnings Webcast April 24, 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
03 Robust quarterly performance Q1 2025 HIGHLIGHTS Production (1) Oil Production Revenues Lifting Cost (2) CAPEX (3) 80.9 Mboe/d 69.6 Mbbl/d 438 $MM 4.7 $/boe 268 $MM 47% y-o-y 47% y-o-y 38% y-o-y 8% y-o-y 11% y-o-y Adj. EBITDA (4) Net Income EPS (5) Free Cash Flow (6) Net Leverage Ratio (7) 275 $MM
Slide 4: Strong interannual production growth
04 Strong interannual production growth TOTAL PRODUCTION (1) OIL PRODUCTION NATURAL GAS PRODUCTION Mboe/d Mbbl/d MMm3/d +47% +42% +47% 1.81 85.3 1.70 80.9 73.5 69.6 1.20 55.0 47.3 Q1-24 Q4-24 Q1-25 Q1-24 Q4-24 Q1-25 Q1-24 Q4-24 Q1-25 ▪ Interannual production growth reflects strong performance of sha
Slide 5: Revenue growth of 38% y-o-y
05 Revenue growth of 38% y-o-y REVENUES (1) AVG. REALIZED OIL PRICE AVG. REALIZED NATURAL GAS PRICE $MM $/bbl $/MMBtu +38% -2% -11% 471.3 2.8 438.5 70.3 68.6 67.1 2.5 2.3 317.4 Q1-24 Q4-24 Q1-25 Q1-24 Q4-24 Q1-25 Q1-24 Q4-24 Q1-25 % of export in total revenues 41% 55% 53% Oil exports (MMbbl) 1.6 3.6
Slide 6: Low cost, fully-focused shale oil producer
06 Low cost, fully-focused shale oil producer LIFTING COST PER BOE (1)(2) SELLING EXPENSES PER BOE $/boe $/boe +8% 8.0 (19)% 4.7 4.7 20.3 6.4 4.3 85.3 12.9 80.9 3.8 55.0 2.0 Q1-24 Q4-24 Q1-25 Q1-24 Q4-24 Q1-25 Lifting cost per boe Total production (Mboe/d) Selling expenses per boe Oil volume trucked
Slide 7: Higher sequential Adj. EBITDA Margin and netback
07 Higher sequential Adj. EBITDA Margin and netback ADJ. EBITDA (1) ADJ. EBITDA MARGIN (2) NETBACK (3) $MM % $/boe +25% +1% +5p.p. 44.0 +9% 68% 273.3 275.4 62% 37.8 57% 34.8 220.6 70.3 67.1 68.6 Q1-24 Q4-24 Q1-25 Q1-24 Q4-24 Q1-25 Q1-24 Q4-24 Q1-25 Adj. EBITDA margin Realized crude oil price ($/bbl)
Slide 8: Strong balance sheet, maintaining low leverage ratios
08 Strong balance sheet, maintaining low leverage ratios 8 Q1 2025 CASH FLOW EVOLUTION (1) $MM 66 764 219 740 (310) Beginning of period Operating activities Investing activities Financing activities End of period cash position cash flow cash flow cash flow (2) cash position ▪ Operating activities ca
Slide 9: Value creation through M&A
09 Value creation through M&A ACQUISITION OF LA AMARGA CHICA LA AMARGA CHICA KEY METRICS AT WI ▪ On April 15, 2025, Vista acquired from Petronas (1) a 50% working interest in La Amarga Chica block (“LACh”), which neighbors Vista’s development hub 39.8 Mboe/d TOTALQ4-24 PRODUCTION (3) ▪ The purchase
Slide 10: Material inventory and flowing production at accretive acquisition multiples
10 Material inventory and flowing production at accretive acquisition multiples STRATEGIC RATIONALE 2024 PRO FORMA FINANCIAL METRICS (1) HIGHLY ACCRETIVE Comparing implied multiples ADJ. EBITDA (2) Adj. EBITDA NET INCOME Net Income Adj. EBITDA margin EPS ($/sh) (3) ACQUISITION to Vista’s trading met
Slide 11: Closing remarks
11 Closing remarks Delivered 47% y-o-y organic production Acquired premium Vaca Muerta development increase, driven by shale oil growth, with 49 block with flowing production and material tie-ins during LTM inventory at accretive acquisition multiples Oldelval Duplicar pipeline fully online, adding
Slide 12: Thanks! Q&A
VISTA ENERGY FOR TOMORROW THANKS! Q&A
Vista Energy S.A.B. de C.V. — Q1 2025 Earnings Presentation on 6ix