Vista Oil & Gas SAB de CV (VIST) has released an update.
Vista Oil & Gas SAB de CV has reported a significant boost in its Q3 2024 results, with total production increasing by 47% year-over-year, driven by a ramp-up in well activity. Despite a decrease in realized crude oil prices, the company’s total revenues soared by 53% to $462.4 million, largely due to strong oil production performance. However, the adjusted net income saw a decline, influenced by higher tax expenses and depreciation costs.
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