Second quarter 2019 Earnings webcast August 8th, 2019
2nd quarter 2019 highlights Consolidated figures in Vista Oil & Gas, S.A.B. de C.V. include operations in Argentina and Mexico Outstanding results in Vaca Muerta development Bajada del Palo Oeste Reduced drilling and productivity…
Production Growth driven by significant shale oil ramp-up Total production Oil production Mboe/d Mboe/d +19% +29% 29.0 18.8 25.7 5.1 24.4 0.7 14.6 15.1 4.7 0.0 0.6 0.4 24.4 25.0 23.9 14.3 14.5 14.1 Q2 2018 Q1 2019 Q2 2019…
Revenues and pricing Revenues growth driven by higher production Revenues Crude oil average price Natural gas average price MM /bbl /MMBtu +9% (12)% (21)% 120.4 68.0 110.3 59.8 93.7 56.7 4.8 3.7 3.8 Q2 2018 Q1 2019 Q2…
Opex Strong y.o.y. lifting cost reduction Total Opex Opex per boe MM /boe +4% (13)% 31.3 32.5 14.1 27.8 12.0 12.3 (1) (1) Q2 2018 Q1 2019 Q2 2019 Q2 2018 Q1 2019 Q2 2019 Continued focus on controlling costs with new…
Adjusted EBITDA Y.o.y. growth driven by shale oil production ramp-up Adj. EBITDA(1) Adj. EBITDA Margin MM % +5% 49.1 51.5 45% 43% 40% 37.1 Q2 2018 Q1 2019 Q2 2019 Q2 2018 Q1 2019 Q2 2019 Production growth more than…
Financial overview Solid financial position Q2 2019 Vista consolidated cash flow MM (3) (4) (5) Cash flow from operating activities Cash flow from investing activities Financial debt breakdown As of June 30, 2019 Quarterly…
Funding Aleph Midstream joint-venture Strategic transaction frees up capital for higher return upstream activities Transaction Summary Vista, Riverstone and Southern Cross created an independent midstream company to operate in the…
Funding: capital markets activity Raised 200 million through dual listing in NYSE and two-tranche Argentine bond issuances Vista closed and settled a global offering of 10,906,257 Vista Argentina raised 50 million in 24-month local…
Vaca Muerta development (1/2) Significant drilling and completion improvement between first and second pads State-of-the-art technology Improved efficiency in second pad Drilling: Drilling speed Completion speed Drilled surface and…
Vaca Muerta development (2/2) Strong results from the first 4-well pad in Bajada del Palo Oeste Outstanding production performance above Vistas type curve Mboe Mboe/d 2.4 180 Peak IP-30 (boe/d) 180.1 2.1 177.6 1.8 MdM-2013h…
Closing remarks Ramped-up production driven by the Bajada del Palo Oeste development with first 4-well pad consolidated performance among the best in Vaca Muerta Significant drilling and completion improvements from the first to the…
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