Company: VIST
Filing Date: 2025-04-09
Form Type: 20-F
Source: 0001193125-25-076856
Chunk: 51

Company: Vista Energy, S.A.B. de C.V.
Filing Date: 2025-04-09
Form: 20-F
Item: Item 5
Chunk 51
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Basic (In US$ per share):                                                                                                      4.237                               N/A                       3.068                               N/A     
Diluted (In US$ per share):                                                                                                    4.000                               N/A                       2.755                               N/A     
 
114 

 Revenue from contracts with customers 
 The detail of our revenues from contracts with customers is the following: 
 

Types of goods                          For the year ended      For the year ended   
                                        December 31, 2023       December 31, 2022    
Revenues from crude oil sales                       1,097,316               1,113,411
Revenues from natural gas sales                        67,290                  68,663
Revenues from NGL sales                                 4,168                   5,586
Revenue from contracts with customers               1,168,774               1,187,660
 Total revenue from contracts with customers decreased to US$1,168.8 million during the year ended December 31, 2023, compared to US$1,187.7 million during the year ended December 31, 2022. Such decrease was mainly driven by lower realized oil prices, partially offset by oil production growth. 
 Revenues from crude oil decreased to US$1,097.3 million during the year ended December 31, 2023, compared to US$1,113.4 million during the year ended December 31, 2022, which represented 94% of our total revenue from contracts with customers during both periods. Such decrease was primarily driven by a decrease in realized crude oil price of 8%, partially offset by an increase in crude oil sales volumes of 7% year over year. 
 Total volume of crude oil sold increased to 15.7 MMbbl during the year ended December 31, 2023, compared to 14.8 MMbbl during the year ended December 31, 2022, mainly driven by a 5% production growth year-over-year, which in turn resulted from 31 shale oil wells tied-in during 2023, increasing the total number of shale wells on production to 99 at year-end. This activity boosted oil production, which increased 8% year-over-year during 2023. On a pro forma basis, adjusted by the transfer of the conventional assets as of March 1, 2023, oil production grew 20% year-over-year during 2023. 
 Average realized crude oil sales