Company: VIST
Filing Date: 2025-04-09
Form Type: 20-F
Source: 0001193125-25-076856
Chunk: 100

Company: Vista Energy, S.A.B. de C.V.
Filing Date: 2025-04-09
Form: 20-F
Item: Item 10
Chunk 100
---
 Detailed Risk Factors - Risks Related to the Argentine and Mexican Economic and Regulatory Environments - Current Argentine exchange controls and the implementation of further exchange controls could adversely affect our results of operations” and “ Item 10 - Additional Information - Exchange Controls - Specific Provisions For Income From The Foreign Exchange Market.”

Cash Flows Provided by Operating Activities

For the year ended December 31, 2024, net cash generated by operating activities was US$959.0 million, primarily driven by an operating profit of US$625.4 million.

For the year ended December 31, 2023, net cash generated by operating activities was US$712.0 million, primarily driven by an operating profit of US$631.5 million.

For the year ended December 31, 2022, net cash generated by operating activities was US$689.8 million, primarily driven by an operating profit of US$529.1 million.

Cash Flows Used in Investing Activities

For the year ended December 31, 2024, net cash used in investing activities was US$1,051.9 million, mainly due to payments of US$1,052.5 million for the acquisition of property, plant and equipment.

For the year ended December 31, 2023, net cash used in investing activities was US$699.3 million, mainly due to payments of US$688.4 million for the acquisition of property, plant and equipment.

For the year ended December 31, 2022, net cash used in investing activities was US$582.7 million, mainly due to payments of US$479.0 million for the acquisition of property, plant and equipment, and the payment of US$115.0 million for the acquisition of assets of AFBN. The cash flow used in investing activities was mainly spent in the development of Vaca Muerta in Bajada del Palo Oeste and Aguada Federal.

Cash Flows Provided by (used in) Financing Activities

During the year ended December 31, 2024, cash used in financing activities was US$641.2. This was primarily due to new loans for US$1,320.9 million, which was partially offset by loan principal repayments of US$470.4 million and share repurchases for US$99.8 million.

During the year ended December 31, 2023, cash used in financing activities was US$19.6. This was primarily due to new loans for US$318.2 million, which