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Billionaire Peter Thiel buys 1% stake in Argentine Vaca Muerta oil firm, filing shows
Thiel Macro LLC bought about 1.2 million American Depositary Shares in Vista, a $76 million investment that equals roughly 1% of the company.
- On Friday, Palantir chair and co-founder Peter Thiel's hedge fund, Thiel Macro LLC, acquired a 1% stake in Argentina's Vista, purchasing about 1.2 million American Depositary Shares valued at roughly $76 million, according to a U.S. SEC filing.
- Vista operates within the Vaca Muerta shale formation, a critical energy hub roughly the size of Belgium, where the company has invested more than $6.5 billion to produce 160,000 barrels of oil equivalent per day.
- The filing reveals Thiel Macro's $418.7 million portfolio, including holdings in Amazon, Vistra, and power firms such as American Electric Power, DTE, FirstEnergy, CMS Energy, and X-Energy, indicating strategic energy infrastructure focus.
- This investment follows a meeting four months ago between Thiel and Argentine President Javier Milei at the presidential palace, where they discussed economic policies and the president's opposition to wealth taxes.
- Seeking to leverage Patagonia's climate for data center development, President Milei has pursued new infrastructure goals, while Thiel recently purchased a mansion in Buenos Aires, signaling personal regional commitment.
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The billionaire has discovered his weakness for Argentina a while ago, now he invests in one of the largest oil companies in the country.
·Munich, Germany
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Palantir co-founder Peter Thiel invests 76 million dollars in Vista. The oil company is growing in Vaca Muerta – and Milei attracts tech billions to Argentina.
The billionaire is expanding its connections to Argentina: In addition to a property in Buenos Aires, Thiel now also holds a share of Vista Energy – which benefits from fracking under Milei.
·Düsseldorf, Germany
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Coverage Details
Total News Sources25
Leaning Left2Leaning Right7Center9Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
11%
C 50%
R 39%
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