Strong play by Vista in Vaca Muerta: the largest private oil company in the country will invest US$ 1.8 billion

Miguel Galuccio, president and CEO of the company, highlighted that this larger scale not only boosts extraction figures, but also positions the company as the largest crude oil exporter in the country, transforming what was born eight years ago as a startup into a central player on the global energy map.

To sustain this pace, the firm announced an ambitious investment plan of US$ 1.8 billion for this year, a figure that exceeds previous forecasts by 12.5%. Likewise, the financial horizon has an adjusted EBITDA projection of US$ 3,000 million by 2026.

Moving forward, Vista’s roadmap becomes even more aggressive. Between 2026 and 2028, the oil company plans to disburse US$5.6 billion with the goal of extracting 208,000 boe/d by the end of that period. This acceleration in investments, which have already accumulated more than US$6.5 billion since the beginning of its operations in the country, will allow a substantial improvement in cash generation, estimating an accumulated free flow of US$2.8 billion in the aforementioned three-year period. This surplus will be used, in part, to reduce financial debt.

Finally, the company’s long-term vision was updated with a view to 2030, the year in which they project to reach production of 250,000 barrels per day. This 25% increase over its previous 2025 plans underlines confidence in the operational efficiency of its developments in Vaca Muerta.

Under this scheme, Vista expects to generate a recurring cash flow of US$2 billion annually towards the end of the decade, reaffirming its ability to scale operations and consolidate its leadership in the regional hydrocarbon sector.