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Vista Lifts 2026 Output Target, Preps RIGI Filings After Q1 Surge

The change signals faster growth tied to Argentina's new investment incentives.

Overview

  • Vista raised its 2026 production goal to 143,000 boe per day, up from 140,000, citing stronger well results and more connections.
  • Q1 output reached 134,741 boe per day, a 67% jump year over year driven by the La Amarga Chica stake and accelerated drilling.
  • Quarterly revenue rose to $694.3 million and adjusted EBITDA to $450.8 million with a 65% margin, helped by a $4.3 per boe lifting cost.
  • The company spent $391.2 million in the quarter on Vaca Muerta development, drilling 19 wells and reporting negative cash flow of $341.4 million as it scales.
  • Vista is preparing applications to join the RIGI incentive program for Águila Mora and Bandurria Norte, as peers Pluspetrol, Tecpetrol and Pampa Energía pursue similar approvals.