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Vista Energy Delivers Strong Q1 2026 Growth on La Amarga Chica Expansion Despite Negative Free Cash Flow
Vista Energy reported strong Q1 2026 financial results, with production up 67% year-on-year to 134,741 boe/d and revenues increasing by 58%. This growth was primarily fueled by the acquisition of a 50% working interest in the La Amarga Chica block and organic growth. Despite increased production and higher adjusted EBITDA, the company experienced negative free cash flow due to heavy capital expenditure in Vaca Muerta, Equinor-related payments, and non-recurring working capital and tax items, leading to higher borrowings.