VIST - Vista Energy: Production Keeps Growing But The Stock Has Reached Fair Value
2024-07-17 16:40:02 ET
Summary
- Vista Energy's 2Q24 results show 40% production expansion year over year and 20% quarter over quarter.
- The company faces challenges with increasing transport costs due to pipeline capacity constraints and regulatory changes in Argentina.
- Despite strong operational figures, I believe VIST stock is fairly valued and requires high oil prices for an attractive return.
Vista Energy ( VIST ) released its 2Q24 results last week. Thanks to significant drilling activity, the company expanded production by 40% year over year and 20% quarter over quarter. As is usual for Vista, operational and CAPEX efficiency figures continued to perform well....
Vista Energy: Production Keeps Growing, But The Stock Has Reached Fair Value