Key Points – Vista Energy posted a blockbuster Q2 2026, with revenue up 89% year over year to $1.15 billion and adjusted EBITDA nearly doubling to $805 million, helped by higher oil prices and stronger production after consolidating newly acquired Vaca Muerta assets. – The…
uinor acquisition materially boosted output, adding about 14,200 boe/d in the quarter on a partial-period basis and lifting total production to 156,100 boe/d, up 32% from a year earlier; management expects the full benefit to show in Q3. – Cash flow improved and leverage is falling, with $491 million in free cash flow net of the acquisition and net leverage at 1.41x EBITDA, or 1.25x pro forma, as Vista targets around 1.0x by year-end while keeping its 2026 EBITDA guidance at $3 billion. Vista Energy (NYSE:VIST) reported a sharp increase in second-quarter 2026 revenue, adjusted EBITDA and free cash flow, as higher oil prices and the consolidation of newly acquired Vaca Muerta assets lifted production and cash generation
Chairman and CEO Miguel Galuccio said the quarter was “marked by the closing of the acquisition of Equinor assets in Vaca Muerta,” referring to interests in the Bandurria Sur and Bajo del Toro blocks. He said the transaction, combined with organic growth, moved the company to “a new scale” and positioned Vista to benefit from higher oil prices. Total production averaged 156,100 barrels of oil equivalent per day in the quarter, up 32% from a year earlier and 16% sequentially.
Oil production averaged 135,400 barrels per day, rising 33% year over year and 16% from the prior quarter. Gas production increased 30% year over year and 15% sequentially. Revenue and EBITDA rise on higher output and prices Vista reported total revenue of $1.15 billion for the quarter, up 89% from the same period last year and 66% from the prior quarter.