Walter Chiarvesio's questions to Vista Energy SAB de CV (VIST) leadership • Q4 2024
Question
Walter Chiarvesio asked about the impact of the strong Argentine peso on lifting and CapEx costs in 2024 and the outlook for 2025.
Answer
CEO Miguel Galuccio acknowledged that the strong peso created cost pressures in 2024 but expects this effect to lessen in 2025 as peso inflation is assumed to continue. He guided for a slight reduction in lifting costs to a range of $4.3 to $4.5 per barrel for 2025. For CapEx, he noted that 70% is dollar-denominated, and a new multi-year initiative led by CTO Juan Garoby is underway to enhance well construction efficiency.