Vista Energy Sab De Cv Class A · BMV:VISTA/A
Vista Energy Sab De Cv Class A — Q3 2026 Earnings Presentation
11 slides from Vista Energy Sab De Cv Class A's earnings presentation, Oct 29, 2026
Slide 1: Third Quarter 2026 Earnings Webcast
Third Quarter 2026 Earnings Webcast October 29, 2026
Slide 2: About projections and forward-looking statements
02 About projections and forward-looking statements Additional information about Vista Energy, S.A.B. de C.V., a sociedad anónima bursátil de capital variable organized under the laws of Mexico (the “Company” or “Vista”) can be found in the “Investors” section on the website at www.vistaenergy.com.
Slide 3: Robust operational and financial performance
03 Robust operational and financial performance Q3 2026 HIGHLIGHTS Production Oil Production Revenues (1) Lifting Cost CAPEX 169 Mboe/d 147 Mbbl/d 1,234 $MM 4.7 $/boe 460 $MM +33% y-o-y +34% y-o-y +75% y-o-y +6% y-o-y +31% y-o-y +8% q-o-q +9% q-o-q +7% q-o-q +5% q-o-q -2% q-o-q Adj. EBITDA Net Incom
Slide 4: Strong sequential and interannual production growth
04 Strong sequential and interannual production growth Production (1) Oil production Natural gas production Mboe/d Mbbl/d MMm3/d +33% +34% +29% +8% +9% +8% 169.0 3.43 156.1 147.1 3.17 135.4 126.8 109.7 2.65 Q3-25 Q2-26 Q3-26 Q3-25 Q2-26 Q3-26 Q3-25 Q2-26 Q3-26 ✓ Production increase driven by strong
Slide 5: Robust y-o-y revenue growth
05 Robust y-o-y revenue growth Revenues (1) (2) Avg. realized oil price (2) $MM $/bbl +75% +30% +7% -6% 1,234 89.4 1,154 84.2 64.6 706 Q3-25 Q2-26 Q3-26 Q3-25 Q2-26 Q3-26 6.3 8.6 9.9 % of oil in total 96% 97% 97% Oil exports (MMbbl) net revenues As % of oil sales Avg. realized natural volume 62% 72%
Slide 6: Best-in-class, low-cost operator
06 Best-in-class, low-cost operator Lifting cost per boe (1) Selling expenses per boe (2) $/boe $/boe +6% -14% 4.2 4.1 4.7 4.4 4.5 3.6 169.0 156.1 126.8 Q3-25 Q2-26 Q3-26 Q3-25 Q2-26 Q3-26 Lifting cost per boe Total production (Mboe/d) ✓ Interannual and sequential increase in lifting cost driven ✓ D
Slide 7: Strong interannual and sequential growth in Adj. EBITDA
07 Strong interannual and sequential growth in Adj. EBITDA Adj. EBITDA Adj. EBITDA Margin (1) Netback $MM % $/boe +78% +1 p.p. +34% +4% 67% 70% 68% 56.7 805 841 54.1 40.5 89.4 472 84.2 64.6 Q3-25 Q2-26 Q3-26 Q3-25 Q2-26 Q3-26 Q3-25 Q2-26 Q3-26 Adj. EBITDA margin Avg. realized oil price ($/bbl) ✓ Adj
Slide 8: Material FCF generation in the quarter
08 Material FCF generation in the quarter Q3 2026 cash flow evolution $MM FCF 334 $MM 1,600 1,400 773 1,200 1,000 (439) 775 800 605 (164) 600 400 200 -,- Beginning of Operating Investing Financing End of period period cash activities cash activities cash activities cash cash position flow flow flow
Slide 9: Closing remarks
09 Closing remarks Delivered robust Recorded strong production growth on financial performance, the back of new well driven by production tie-ins and full quarter growth, higher oil prices consolidation of new and cost efficiency assets Strengthened cash On track to deliver our position and reduced
Slide 10: THANKS! Q&A
THANKS! Q&A
Slide 11: Glossary
11 Glossary ▪ $: U.S. Dollars ▪ $MM: Million U.S. Dollars ▪ $Bn: Billion U.S. Dollars ▪ $/bbl: U.S. Dollars per barrel of oil ▪ $/boe: U.S. Dollars per barrel of oil equivalent ▪ Adj. EBITDA: Profit for the period, net + Income tax (expense) / benefit + Financial income (expense), net + Income (loss