Vista Energy (NYSE:VIST) Announces Quarterly Earnings Results, Misses Estimates By $1.60 EPS
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Vista Energy (NYSE:VIST) Announces Quarterly Earnings Results, Misses Estimates By $1.60 EPS
Vista Energy (NYSE:VIST - Get Free Report) announced its quarterly earnings results on Thursday. The company reported $0.55 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.15 by ($1.60). The firm had revenue of $610.54 million during the quarter, compared to analysts' expectations of $572.37 million. Vista Energy had a net margin of 27.23% and a return on equity of 14.38%.
Vista Energy opened the reporting season of the second quarter of the year in Mexico with double-digit advances in its main indicators. However, the performance of the company was not well received by the market. The company’s shares, which concentrates its operations in Argentina, fell 4.8% to half session, to quote at 870.67 pesos each. Meanwhile, the S&P/BMV IPC, the main benchmark of the market, also dropped, 0.20%. So far this year, Vista’s…
After presenting financial results of the second quarter, driven by the acquisition of Petronas Argentina, Vista Energy (VIST) updated its objectives for 2025, which foresee an annual increase of 62% in oil production and of 41% in the adjusted Ebitda. With regard to investments, this year they will close by US$1,200 million, a fall of 8% compared to US$1.3 billion in 2024. However, this account does not include the acquisition of Petronas, the …
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