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What smart money is saying about Vista Energy, S.A.B. de C.V.Mexico flag

VIST · Energy · Oil & Gas Exploration & Production · Market cap $7.15B

2 funds in our archive have pitched Vista Energy, S.A.B. de C.V. — most recently Baron Emerging Markets Fund in March 2026.

Company profile

Headquartered in Mexico City, Mexico, Vista Energy, S.A.B. de C.V., an entity established in 2017, concentrates on the exploration and production of oil and natural gas throughout Latin America through its various subsidiaries. A significant portion of its holdings, approximately 183,100 acres, is located in Vaca Muerta, complemented by other operational producing assets in Argentina and Mexico. As of December 31, 2021, the company's proved reserves amounted to 181.6 million barrels of oil equivalent (MMBOE). The firm, initially known as Vista Oil & Gas, S.A.B. de C.V., adopted its current name, Vista Energy, S.A.B. de C.V., in April 2022.

Fund coverage · 2 theses

  • Baron Emerging Markets Fund
    March 2026

    Vista Energy, S.A.B. de C.V. is a founder-led Argentine oil producer with top-tier Vaca Muerta assets, strong growth prospects, M&A upside, and attractive valuation.

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  • Artisan Sustainable Emerging Markets Strategy
    December 2025

    Vista Energy is Argentina’s leading independent oil producer with a clear Vaca Muerta-driven growth plan and improved profitability and export capacity.

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