Vista Energy, S.A.B. de C.V. (VIST): Business Model Canvas [10-2024 Updated]
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Vista Energy, S.A.B. de C.V. (VIST) Bundle
In today's rapidly evolving energy landscape, understanding the business model of key players like Vista Energy, S.A.B. de C.V. (VIST) is essential. This company stands out with its strategic partnerships, robust value propositions, and a commitment to sustainable practices. Explore how Vista Energy leverages its resources and activities to deliver reliable energy solutions while navigating the complexities of the oil and gas industry.
Vista Energy, S.A.B. de C.V. (VIST) - Business Model: Key Partnerships
Collaborations with local suppliers
Vista Energy actively collaborates with various local suppliers to ensure a stable supply chain for its operations. In the nine-month period ending September 30, 2024, Vista reported operating costs amounting to $79,970,000, reflecting the importance of local partnerships in managing operational expenses. The company sources crude oil and natural gas primarily from local suppliers, contributing to a total revenue from contracts with customers of $1,176,450,000.
Partnerships with international energy firms
Vista Energy has established strategic partnerships with international energy firms to enhance its operational capabilities. These collaborations are crucial for accessing advanced technologies and best practices in exploration and production. Notably, Vista has engaged with companies such as Trafigura in various agreements, including a farmout agreement that generated $26,650,000 in payments during the nine-month period ending September 30, 2023. This partnership not only facilitates capital inflow but also strengthens Vista's market position in the energy sector.
Joint ventures for exploration and production
The company has entered multiple joint ventures aimed at optimizing exploration and production efforts. As of September 30, 2024, Vista's total borrowings stood at $975,230,000, indicating significant financial commitments to joint ventures. These ventures are essential for expanding Vista's operational footprint and enhancing production capacity. The company has invested heavily in exploration initiatives, with capital expenditures reaching $956,654,000 in the first nine months of 2024.
| Partnership Type | Partner | Financial Impact |
|---|---|---|
| Local Suppliers | Various | $79,970,000 (Operating Costs) |
| International Firms | Trafigura | $26,650,000 (Farmout Agreement) |
| Joint Ventures | Multiple Partners | $975,230,000 (Total Borrowings) |
Vista Energy, S.A.B. de C.V. (VIST) - Business Model: Key Activities
Exploration and extraction of hydrocarbons
Vista Energy engages extensively in the exploration and extraction of hydrocarbons, focusing primarily on oil and gas production. As of September 30, 2024, the company reported revenues from crude oil sales totaling USD 572.99 million, with exports accounting for USD 545.37 million of this figure. The total production for the nine-month period ending September 30, 2024, reached approximately 17.1 million barrels of oil equivalent (boe).
Processing and distribution of natural gas and LPG
Vista Energy also plays a significant role in the processing and distribution of natural gas and liquefied petroleum gas (LPG). For the same period, the revenues from natural gas sales were reported at USD 56.49 million, while LPG sales generated USD 1.59 million. The company’s processing facilities are strategically located to optimize distribution across key markets, ensuring efficient supply to meet demand.
| Activity | Q3 2024 Revenue (USD) | Q3 2023 Revenue (USD) |
|---|---|---|
| Crude Oil Sales | 572,992,000 | 322,108,000 |
| Natural Gas Sales | 56,499,000 | 55,242,000 |
| LPG Sales | 1,585,000 | 3,200,000 |
Compliance with environmental regulations
Compliance with environmental regulations is a critical activity for Vista Energy. The company is committed to maintaining high standards of environmental protection and sustainability in its operations. As of September 30, 2024, Vista has incurred costs amounting to USD 25.05 million related to environmental compliance measures. This includes investments in technology and processes aimed at minimizing environmental impact, as well as ensuring adherence to local and international regulations.
Vista Energy's proactive approach to environmental management not only facilitates regulatory compliance but also enhances its reputation in the market, thus supporting its long-term operational viability.
Vista Energy, S.A.B. de C.V. (VIST) - Business Model: Key Resources
Extensive oil and gas reserves in Argentina
Vista Energy holds significant oil and gas reserves primarily located in the Vaca Muerta formation in Argentina, one of the largest shale oil and gas reserves globally. As of September 30, 2024, the company's proven and probable reserves totaled approximately 1.5 billion barrels of oil equivalent (boe).
Skilled workforce in engineering and operations
The company boasts a robust workforce, with over 1,200 employees, including a high percentage of skilled engineers and operational staff. This workforce is essential for the efficient management of drilling operations and production facilities. Employee compensation for the nine-month period ending September 30, 2024, included approximately $41.5 million for fees and services, reflecting the investment in human capital.
Advanced technology for drilling and production
Vista Energy utilizes cutting-edge technology in its operations, including advanced drilling techniques and real-time data analytics for production optimization. The company's investment in technology is evident, with capital expenditures reaching approximately $956.7 million in the first nine months of 2024.
| Key Resource | Description | Quantitative Data |
|---|---|---|
| Oil and Gas Reserves | Proven and probable reserves in Argentina | 1.5 billion boe |
| Workforce | Number of employees | 1,200+ employees |
| Employee Compensation | Total employee compensation for Q3 2024 | $41.5 million |
| Capital Expenditures | Total capital expenditures for 2024 | $956.7 million |
Vista Energy, S.A.B. de C.V. (VIST) - Business Model: Value Propositions
Reliable energy supply for local markets
Vista Energy focuses on providing a consistent and reliable energy supply primarily in Argentina, where it generates approximately 99% of its revenues. The company's operational capabilities are supported by a diverse portfolio of assets, including oil and gas properties valued at 2,808,269 (in thousands of USD) as of September 30, 2024. This strategic positioning allows Vista to maintain a stable supply chain and meet local market demands effectively.
Competitive pricing in crude oil and gas
Vista Energy has established a competitive pricing strategy in the crude oil and gas sector. For the nine-month period ending September 30, 2024, the company reported total revenues of 1,176,450 (in thousands of USD), reflecting a significant increase compared to 859,578 (in thousands of USD) for the same period in 2023. This growth is attributed to increased production and favorable pricing dynamics in the market. The company's ability to offer competitive prices helps it attract and retain customers in a highly competitive landscape.
Commitment to sustainable energy practices
Vista Energy is committed to integrating sustainable practices into its operations. The company has been increasingly focusing on reducing its carbon footprint and enhancing operational efficiency. As part of its sustainability efforts, Vista has invested in technology and processes that aim to minimize environmental impact while maximizing energy production. This commitment is reflected in its financial performance, with a profit for the period of 383,750 (in thousands of USD) for the nine-month period ended September 30, 2024. The ongoing investments in sustainability not only support regulatory compliance but also enhance the company's brand reputation among environmentally conscious consumers.
| Metric | September 30, 2024 | December 31, 2023 |
|---|---|---|
| Total Revenues | 1,176,450 (in thousands of USD) | 859,578 (in thousands of USD) |
| Profit for the Period | 383,750 (in thousands of USD) | 264,017 (in thousands of USD) |
| Oil and Gas Properties | 2,808,269 (in thousands of USD) | 1,301,110 (in thousands of USD) |
| Revenue Contribution from Argentina | 99% | 1% |
Vista Energy, S.A.B. de C.V. (VIST) - Business Model: Customer Relationships
Long-term contracts with key industrial clients
Vista Energy has established a robust framework of long-term contracts with major industrial clients, focusing primarily on crude oil and natural gas sales. For the nine-month period ending September 30, 2024, the total revenue from contracts with customers reached $1,176,450,000, a significant increase from $859,578,000 during the same period in 2023. This growth is attributed to strategic partnerships and agreements that ensure consistent supply and pricing stability.
Customer service teams for support and inquiries
Vista Energy maintains dedicated customer service teams to enhance client relationships and ensure prompt support for inquiries. The company has invested in training and resources to equip these teams, resulting in improved response times and customer satisfaction ratings. Operating expenses related to customer service, which include salaries and training for these teams, totaled $73,747,000 for the nine-month period ending September 30, 2024.
Engagement in community development initiatives
Vista Energy actively engages in community development initiatives, demonstrating its commitment to corporate social responsibility. The company has allocated funds towards local projects, enhancing its reputation and creating goodwill among stakeholders. For instance, Vista Energy's investments in community projects amounted to $10,734,000 in cash inflows from the transfer of conventional assets, which supports infrastructure and local development.
| Customer Relationship Aspect | Details | Financial Impact |
|---|---|---|
| Long-term contracts | Major partnerships with industrial clients | Revenue: $1,176,450,000 (2024) |
| Customer service teams | Dedicated support for inquiries | Operating expenses: $73,747,000 (2024) |
| Community initiatives | Investment in local development projects | Funds allocated: $10,734,000 (2024) |
Vista Energy, S.A.B. de C.V. (VIST) - Business Model: Channels
Direct sales to industrial and commercial customers
Vista Energy generates significant revenue through direct sales to industrial and commercial customers. For the nine-month period ending September 30, 2024, the company reported total revenue from contracts with customers amounting to $1,176,450,000, a substantial increase from $859,578,000 in the same period of the previous year. The breakdown of revenues from various product sales includes:
| Type of Products | 2024 Revenue (in $000) | 2023 Revenue (in $000) |
|---|---|---|
| Crude Oil Sales | 1,118,366 | 801,136 |
| Natural Gas Sales | 56,499 | 55,242 |
| LPG Sales | 1,585 | 3,200 |
| Total Revenue | 1,176,450 | 859,578 |
Partnerships with distributors for broader reach
Vista Energy has established partnerships with various distributors to enhance its market reach. This strategy allows the company to effectively serve different regions and customer segments. The partnerships focus on distributing crude oil and natural gas, leveraging the existing infrastructure of distributors to optimize logistics and supply chain processes. The combination of local sales and exports is crucial for maximizing distribution efficiency, with local crude oil sales amounting to $572,992,000 and exports reaching $545,374,000 for the nine-month period ending September 30, 2024.
Online platforms for information and updates
Vista Energy utilizes online platforms to communicate with its customers and stakeholders. These platforms provide essential updates regarding product offerings, market trends, and operational performance. The company also leverages social media and its corporate website to disseminate information, enhancing customer engagement and brand visibility. The use of digital channels is integral to Vista's strategy, particularly as the industry moves towards more digital interaction and real-time communication.
Vista Energy, S.A.B. de C.V. (VIST) - Business Model: Customer Segments
Industrial companies requiring energy supplies
Vista Energy serves various industrial sectors that require significant energy supplies, particularly those engaged in manufacturing, mining, and heavy industries. The company focuses on providing reliable and sustainable energy solutions tailored to the specific needs of these sectors. In 2024, Vista Energy reported revenues of approximately $1.18 billion from contracts with customers, reflecting a substantial increase from $859 million in 2023.
Government entities and public utilities
Vista Energy collaborates with government entities and public utilities to supply energy, including natural gas and electricity. The relationship with these entities is critical as they often require large volumes of energy and have stringent compliance and sustainability standards. The company has positioned itself as a key supplier, with revenues from government contracts contributing significantly to its financial performance. In the nine-month period ending September 30, 2024, Vista reported a gross profit of $601 million, indicating strong demand from public sector contracts.
Export markets for crude oil and gas products
Vista Energy actively engages in export markets, providing crude oil and gas products to international clients. The company has developed a robust export strategy to capitalize on global energy demands. For the period ending September 30, 2024, Vista exported approximately $545 million worth of crude oil. The export revenues highlight the company's competitive positioning in the international energy market and its ability to meet diverse customer needs globally.
| Customer Segment | Revenue (2024) | Revenue (2023) | Growth (%) |
|---|---|---|---|
| Industrial Companies | $1.18 billion | $859 million | 37.4% |
| Government Entities | Significant contribution to gross profit of $601 million | N/A | N/A |
| Export Markets | $545 million | $479 million | 13.8% |
Vista Energy, S.A.B. de C.V. (VIST) - Business Model: Cost Structure
Operational costs for extraction and production
The operational costs for extraction and production at Vista Energy consist of several key components. For the nine-month period ended September 30, 2024, the total operating costs amounted to USD 79,970,000, which reflects an increase compared to USD 72,415,000 for the same period in the previous year.
Specific breakdowns of costs include:
- Fees and compensation for services: USD 41,536,000
- Salaries and payroll taxes: USD 19,784,000
- Royalties and other costs: USD 170,054,000
- Depreciation, depletion, and amortization: USD 298,081,000
Administrative expenses related to compliance
Administrative expenses for compliance are critical for maintaining regulatory standards and operational integrity. For the nine-month period ended September 30, 2024, general and administrative expenses totaled USD 73,747,000, compared to USD 51,818,000 in the prior year.
This includes:
- General administrative expenses: USD 73,747,000
- Exploration expenses: USD 36,000
- Other operating expenses: USD 1,197,000
Marketing and distribution costs
Marketing and distribution costs are essential for ensuring the effective delivery of products to customers. For the nine-month period ended September 30, 2024, selling expenses reached USD 77,807,000, up from USD 49,622,000 in the previous year.
These costs are further categorized as follows:
- Marketing and promotional activities: USD 36,828,000
- Distribution logistics: USD 17,673,000
- Sales commissions and related expenses: USD 24,306,000
| Cost Category | Amount (USD) |
|---|---|
| Operational Costs | 79,970,000 |
| General Administrative Expenses | 73,747,000 |
| Selling Expenses | 77,807,000 |
| Depreciation, Depletion, and Amortization | 298,081,000 |
| Royalties and Others | 170,054,000 |
Vista Energy, S.A.B. de C.V. (VIST) - Business Model: Revenue Streams
Sales of crude oil and natural gas
Vista Energy's primary revenue stream is derived from the sales of crude oil and natural gas. For the period from January 1 to September 30, 2024, the revenues from crude oil sales amounted to USD 1,118,366,000, while revenues from natural gas sales were USD 56,499,000. This reflects a significant increase compared to the same period in 2023, where crude oil sales were USD 801,136,000 and natural gas sales were USD 55,242,000.
Revenue from LPG sales
In addition to crude oil and natural gas, Vista Energy also generates revenue from liquefied petroleum gas (LPG) sales. For the same period in 2024, revenues from LPG sales were USD 1,585,000, down from USD 3,200,000 in 2023. This decline can be attributed to market fluctuations and changing demand dynamics.
Income from joint ventures and partnerships
Vista Energy also engages in joint ventures and partnerships, contributing additional revenue streams. In the nine-month period ending September 30, 2024, the company reported a total revenue from contracts with customers of USD 1,176,450,000, compared to USD 859,578,000 in the same period of the previous year. This revenue includes contributions from various joint ventures that enhance operational capacity and market reach.
| Revenue Stream | Q3 2024 Revenue (USD) | Q3 2023 Revenue (USD) |
|---|---|---|
| Crude Oil Sales | 1,118,366,000 | 801,136,000 |
| Natural Gas Sales | 56,499,000 | 55,242,000 |
| LPG Sales | 1,585,000 | 3,200,000 |
| Total Revenue from Contracts with Customers | 1,176,450,000 | 859,578,000 |
Article updated on 8 Nov 2024
Resources:
- Vista Energy, S.A.B. de C.V. (VIST) Financial Statements – Access the full quarterly financial statements for Q3 2024 to get an in-depth view of Vista Energy, S.A.B. de C.V. (VIST)' financial performance, including balance sheets, income statements, and cash flow statements.
- SEC Filings – View Vista Energy, S.A.B. de C.V. (VIST)' latest filings with the U.S. Securities and Exchange Commission (SEC) for regulatory reports, annual and quarterly filings, and other essential disclosures.