Vista Oil & Gas SAB de CV ( (VIST) ) has provided an update.
On March 3, 2025, Vista Energy held an Ordinary General Shareholders’ Meeting in Mexico City, where shareholders approved resolutions to allow the company to pursue acquisitions of exploration and exploitation rights related to unconventional hydrocarbon reserves. These acquisitions could represent more than 20% of the company’s consolidated assets, with a cap of 50% within a 12-month period. Additionally, the company was authorized to incur financing debt to support these acquisitions, with the Board of Directors given the authority to finalize terms and conditions. These strategic decisions aim to enhance Vista Energy’s asset portfolio and strengthen its market position in the energy sector.
More about Vista Oil & Gas SAB de CV
Vista Oil & Gas SAB de CV is an energy company focused on the exploration and exploitation of unconventional hydrocarbon reserves and resources. The company operates primarily in basins where it holds interests in concessions, licenses, and agreements related to hydrocarbon development.
YTD Price Performance: -9.16%
Average Trading Volume: 911,833
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $4.82B
Find detailed analytics on VIST stock on TipRanks’ Stock Analysis page.