Vista Energy SAB de CV SEC Filings

Vista Energy reported estimated and certified proved (P1) oil and gas reserves of 588.1 MMboe as of December 31, 2025, a 57% increase year-over-year. Proved developed reserves reached 232.5 MMboe and proved undeveloped reserves 355.7 MMboe, supported by 698 proved net well locations.

Including acquisitions, additions to P1 reserves were 255.1 MMboe, implying a reserve replacement ratio of 605%, while the organic reserve replacement ratio was 260%. With 2025 production of 42.1 MMboe, implied P1 reserves life was 14.0 years.

Average Q4 2025 production was 135,414 boe/d, up 7% quarter-over-quarter, and full-year 2025 production averaged 115,479 boe/d, a 66% increase, driven by shale oil development and the acquisition of a 50% working interest in La Amarga Chica. Discounted future net cash flows from proved reserves, at a 10% rate, amounted to 6,607 $.

Al Mehwar Commercial Investments LLC and its parent Abu Dhabi Investment Council Company P.J.S.C. report beneficial ownership of 2,892,409 Vista Energy American Depositary Shares, representing 2.8% of the class. Both entities share voting and dispositive power over these ADS.

The 2.8% figure is based on 104,301,055 Series A shares outstanding as of February 2, 2026. The investors certify the holdings were not acquired and are not held to change or influence control of Vista Energy, but instead as a passive investment.

Al Mehwar Commercial Investments LLC and its parent Abu Dhabi Investment Council Company P.J.S.C. report beneficial ownership of 2,892,409 Vista Energy American Depositary Shares, representing 2.8% of the class. Both entities share voting and dispositive power over these ADS.

The 2.8% figure is based on 104,301,055 Series A shares outstanding as of February 2, 2026. The investors certify the holdings were not acquired and are not held to change or influence control of Vista Energy, but instead as a passive investment.

Vista Energy outlines a major corporate reorganization centered on acquiring interests in two shale blocks in Argentina’s Vaca Muerta formation. Vista and Vista Argentina will buy 100% of Equinor Argentina S.A.U. (30% working interest in Bandurria Sur) and 50% of the non-operating working interest in Bajo del Toro, then assign part of these interests to YPF. Net cash consideration after YPF’s assignments is US$712 million, within a gross cash price of US$875 million, funded with company cash and a new US$600 million four‑year syndicated credit facility. After closing, Vista expects to hold a 25.1% non‑operating interest in Bandurria Sur and 35.0% in Bajo del Toro, adding about 54.0 MMboe of proved reserves and third‑quarter 2025 production of 21,869 boe/d to its existing 375.2 MMboe of proved reserves and 126,752 boe/d of production. The acquired assets showed strong profitability, with nine‑month 2025 revenues of US$292 million and Adjusted EBITDA of US$190 million at Vista’s pro forma 83.7% stake, implying a 65% Adjusted EBITDA margin and low lifting costs of US$4.7/boe. Vista highlights attractive transaction multiples versus its own (EV/EBITDA 3.0x vs. 5.2x) and expects operational synergies and expanded export capacity through pipeline and terminal rights and a three‑year crude offtake agreement.

Vista Energy outlines a major corporate reorganization centered on acquiring interests in two shale blocks in Argentina’s Vaca Muerta formation. Vista and Vista Argentina will buy 100% of Equinor Argentina S.A.U. (30% working interest in Bandurria Sur) and 50% of the non-operating working interest in Bajo del Toro, then assign part of these interests to YPF. Net cash consideration after YPF’s assignments is US$712 million, within a gross cash price of US$875 million, funded with company cash and a new US$600 million four‑year syndicated credit facility. After closing, Vista expects to hold a 25.1% non‑operating interest in Bandurria Sur and 35.0% in Bajo del Toro, adding about 54.0 MMboe of proved reserves and third‑quarter 2025 production of 21,869 boe/d to its existing 375.2 MMboe of proved reserves and 126,752 boe/d of production. The acquired assets showed strong profitability, with nine‑month 2025 revenues of US$292 million and Adjusted EBITDA of US$190 million at Vista’s pro forma 83.7% stake, implying a 65% Adjusted EBITDA margin and low lifting costs of US$4.7/boe. Vista highlights attractive transaction multiples versus its own (EV/EBITDA 3.0x vs. 5.2x) and expects operational synergies and expanded export capacity through pipeline and terminal rights and a three‑year crude offtake agreement.

Vista Energy plans a major expansion in Argentina’s Vaca Muerta play by acquiring Equinor’s interests in two key blocks. Vista and its subsidiary agreed to buy a 25.1% non-operating working interest in the Bandurria Sur block and a 35.0% non-operating working interest in the Bajo del Toro block, plus related midstream capacity.

The consideration at closing is approximately US$712 million, split between about US$387 million in cash and 6,223,220 ADSs priced at US$52.2 each, subject to customary adjustments. Additional contingent payments over five years depend on production and Brent oil prices above US$65 per barrel, capped at US$15 per barrel. Funding combines cash and a new four-year credit facility of up to US$600 million. On a Q3-25 basis, the acquired interests contribute 21,869 boe/d of production, 54 MMboe of P1 reserves and, on a 9M-25 annualized basis, US$391 million of revenues and US$269 million of adjusted EBITDA at Vista’s adjusted stake.

Vista Energy plans a major expansion in Argentina’s Vaca Muerta play by acquiring Equinor’s interests in two key blocks. Vista and its subsidiary agreed to buy a 25.1% non-operating working interest in the Bandurria Sur block and a 35.0% non-operating working interest in the Bajo del Toro block, plus related midstream capacity.

The consideration at closing is approximately US$712 million, split between about US$387 million in cash and 6,223,220 ADSs priced at US$52.2 each, subject to customary adjustments. Additional contingent payments over five years depend on production and Brent oil prices above US$65 per barrel, capped at US$15 per barrel. Funding combines cash and a new four-year credit facility of up to US$600 million. On a Q3-25 basis, the acquired interests contribute 21,869 boe/d of production, 54 MMboe of P1 reserves and, on a 9M-25 annualized basis, US$391 million of revenues and US$269 million of adjusted EBITDA at Vista’s adjusted stake.

A holder of VIST common stock has filed a Rule 144 notice to sell 50,000 shares. The planned sale is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services, with an aggregate market value of $2,972,000, on the NYSE around 01/29/2026.

The 50,000 common shares were originally acquired on 04/04/2018 as “Sponsor Shares” from the issuer, with the same date listed for payment and no special payment terms disclosed. The form also includes the standard representation that the seller is not aware of undisclosed material adverse information about the issuer.

Vista Energy, S.A.B. de C.V. filed a report stating it will release its consolidated financial statements for full-year 2025 and the fourth quarter of 2025 on Wednesday, February 25, 2026, after markets close. This gives investors a clear date for when updated financial information will be available.

The company will discuss these results on a webcast on Thursday, February 26, 2026, at 8:00 am Mexico City time (9:00 am ET; 11:00 am BAT), which will be accessible through its investor relations website. The filing also includes standard forward-looking statement language directing readers to existing risk factor disclosures in prior annual reports and regulatory filings.

Vista Energy, S.A.B. de C.V. filed a report stating it will release its consolidated financial statements for full-year 2025 and the fourth quarter of 2025 on Wednesday, February 25, 2026, after markets close. This gives investors a clear date for when updated financial information will be available.

The company will discuss these results on a webcast on Thursday, February 26, 2026, at 8:00 am Mexico City time (9:00 am ET; 11:00 am BAT), which will be accessible through its investor relations website. The filing also includes standard forward-looking statement language directing readers to existing risk factor disclosures in prior annual reports and regulatory filings.

Vista Energy received an updated large‑shareholder disclosure from Al Mehwar Commercial Investments LLC and its parent, Abu Dhabi Investment Council Company P.J.S.C. The reporting persons state that Al Mehwar holds 13,270,363 American Depositary Shares, each representing one Series A share, which they report as 12.7% of Vista Energy’s Series A shares. This percentage is based on 104,256,410 Series A shares outstanding as of August 27, 2025, as cited from a prior company report.

Both entities report shared voting and shared dispositive power over these ADSs, with no sole voting or dispositive power. Abu Dhabi Investment Council disclaims beneficial ownership of the securities reported. The filers certify that the holdings were not acquired and are not held for the purpose of changing or influencing control of Vista Energy and are not part of any control‑seeking transaction.

Vista Energy received an updated large‑shareholder disclosure from Al Mehwar Commercial Investments LLC and its parent, Abu Dhabi Investment Council Company P.J.S.C. The reporting persons state that Al Mehwar holds 13,270,363 American Depositary Shares, each representing one Series A share, which they report as 12.7% of Vista Energy’s Series A shares. This percentage is based on 104,256,410 Series A shares outstanding as of August 27, 2025, as cited from a prior company report.

Both entities report shared voting and shared dispositive power over these ADSs, with no sole voting or dispositive power. Abu Dhabi Investment Council disclaims beneficial ownership of the securities reported. The filers certify that the holdings were not acquired and are not held for the purpose of changing or influencing control of Vista Energy and are not part of any control‑seeking transaction.

Vista Energy reported that its main subsidiary, Vista Energy Argentina S.A.U., has priced an issuance of U.S.$400,000,000 in aggregate principal amount of 8.500% senior notes due 2033 governed by New York law. The notes were priced at 101.236%, giving a yield to average life of 8.250%, and the offering is expected to close on December 10, 2025.

The new notes are being issued as additional notes to Vista Argentina’s existing U.S.$500,000,000 8.500% senior notes due 2033, and will form a single series with them under the same indenture. After closing, the total principal amount outstanding of Vista Argentina’s 2033 notes will be U.S.$900,000,000. The issuance is being placed with qualified institutional buyers under Rule 144A and with investors outside the United States under Regulation S, within Vista Argentina’s U.S.$3,000,000,000 Argentine global debt program.

Vista Energy reported that its main subsidiary, Vista Energy Argentina S.A.U., has priced an issuance of U.S.$400,000,000 in aggregate principal amount of 8.500% senior notes due 2033 governed by New York law. The notes were priced at 101.236%, giving a yield to average life of 8.250%, and the offering is expected to close on December 10, 2025.

The new notes are being issued as additional notes to Vista Argentina’s existing U.S.$500,000,000 8.500% senior notes due 2033, and will form a single series with them under the same indenture. After closing, the total principal amount outstanding of Vista Argentina’s 2033 notes will be U.S.$900,000,000. The issuance is being placed with qualified institutional buyers under Rule 144A and with investors outside the United States under Regulation S, within Vista Argentina’s U.S.$3,000,000,000 Argentine global debt program.

Petronas Carigali Canada B.V. filed Amendment No. 1 to a Schedule 13G reporting beneficial ownership of 3,648,754 Vista Energy (VIST) American Depositary Shares, equal to 3.50% of the class. The filer has sole voting and dispositive power over these ADS, and the event date triggering the filing is October 27, 2025.

The stated percentage is based on 104,256,410 Series A shares outstanding as of August 27, 2025, as cited from the issuer’s Form 6-K. The certification states the securities were not acquired and are not held for the purpose of changing or influencing control.

Petronas Carigali Canada B.V. filed Amendment No. 1 to a Schedule 13G reporting beneficial ownership of 3,648,754 Vista Energy (VIST) American Depositary Shares, equal to 3.50% of the class. The filer has sole voting and dispositive power over these ADS, and the event date triggering the filing is October 27, 2025.

The stated percentage is based on 104,256,410 Series A shares outstanding as of August 27, 2025, as cited from the issuer’s Form 6-K. The certification states the securities were not acquired and are not held for the purpose of changing or influencing control.

Vista Energy, S.A.B. de C.V. submitted a Form 6-K to provide investors with an Investor Day Presentation as an exhibit. The filing does not include financial results but directs readers to the presentation materials for more information about the company’s outlook and strategy.

The company also reiterates standard forward-looking statement disclosures, noting that future results may differ due to various risks and uncertainties, and refers investors to its Form 20-F and other regulatory filings for detailed risk factors.

Vista Energy, S.A.B. de C.V. submitted a Form 6-K to provide investors with an Investor Day Presentation as an exhibit. The filing does not include financial results but directs readers to the presentation materials for more information about the company’s outlook and strategy.

The company also reiterates standard forward-looking statement disclosures, noting that future results may differ due to various risks and uncertainties, and refers investors to its Form 20-F and other regulatory filings for detailed risk factors.