First quarter 2020 Earnings webcast April 29, 2020
Firm response to Covid-19 Safeguarding our people and ensuring business continuity with focus on balance sheet strength Our Business Balance Vista is People Continuity Sheet prepared 75% of employees Maintained essential Stopped…
1st quarter 2020 key metrics Consolidated figures of Vista Oil & Gas S.A.B. de C.V. Production(1) 26.5 Mboe/d Single shale well Revenues 73 MM reached Lifting cost 9.9 /boe 2,600 y-o-y boe/d(5) Adj. EBITDA(2) 25 MM Cash…
Production Y-o-y growth driven by shale oil ramp-up Total production(1) Oil production Natural gas production Mboe/d Mbbl/d MMm3/d +3% +13% (11)% 30.0 18.7 17.0 1.69 26.5 1.59 0.13 25.7 7.0 15.1 6.2 0.01 1.41 0.7 5.9 0.6 5.0…
Revenues and pricing Production growth offset by lower realized prices Revenues Crude oil average price Natural gas average price MM /bbl /MMBtu (22)% (24)% (41)% 93.7 96.4 56.7 3.7 48.1 73.3 43.0 2.2 2.2 Q1 2019 Q4…
Opex Stable q-o-q opex per boe despite lower production Total Opex Opex per boe MM /boe (18)% (14)% 12.0 27.8 9.9 25.7 9.3 23.8 Q1 2019 Q4 2019 Q1 2020 Q1 2019 Q4 2019 Q1 2020 Optimized field operations and…
Financial overview Solid cash position Q1 2020 cash flow MM (1) (1) Quarterly leverage ratios as of March 31, 2020(2) Financial debt 481.4 MM Cash preservation strategy adopted (-) Cash and cash equivalents (205.3) MM…
Vaca Muerta development Third pad shows further improvement in production performance, lowering development cost Individual well performance against type curve Tested higher density fracs Mboe/d Cumulative boe/stage(1) 2.8 800 Second…
Re-thinking 2020 Adjusting our plan in response to current landscape In light of the current situation, we are withdrawing our 2020 guidance Cash Value Key tactical preservation protection decisions Capex reductions of Capex and…
Closing remarks Implemented a health protocol and business continuity plan in response to Covid-19 outbreak, prioritizing employee wellbeing Low operating cost and solid financial position allow us to cope with low demand…