TT International Dumps 691,645 VIST Shares in Q2 2025

Core Insights - TT International Asset Management sold 691,645 shares of Vista Energy, reducing its holdings to 277,876 shares valued at $13.29 million, representing 2.5% of the firm's reportable equity assets as of June 30, 2025 [1][2] - Vista Energy's stock price increased by 9.88% over the past year, but it underperformed the S&P 500 by 2.73 percentage points [2][5] - The company reported significant growth in production and revenue, with production up 81% and revenue up 54% year over year in Q2 [6] Company Overview - Vista Energy has a market capitalization of $4.66 billion, with a trailing twelve months (TTM) revenue of $1.77 billion and a net income of $481.66 million [3] - The forward price-to-earnings ratio for Vista Energy is 10.49, and it has a five-year revenue compound annual growth rate (CAGR) of 31.69% [2] Recent Developments - Vista Energy's net income surged by 68% year over year, although adjusted earnings, excluding a one-time gain of $202.5 million from the acquisition of Petronas E&P Argentina, were down 21% year over year [6] - The acquisition of Petronas E&P Argentina for $900 million enhances Vista's production capacity and diversifies its portfolio with midstream energy assets [7] Business Operations - Vista Energy engages in the exploration and production of oil and gas in Latin America, primarily in Vaca Muerta, managing approximately 183,100 acres and holding proved reserves of 181.6 million barrels of oil equivalent [9]