Vista Energy Partners With YPF—Is This the Beginning of a New Power Duo in South American Oil?

Vista Energy reported a transformational second quarter in 2025. The company’s acquisition of a 50% stake in La Amarga Chica has significantly expanded its production capacity, making it the largest independent oil producer and exporter in Argentina. In Q2 2025, Vista reported a substantial increase in total production, which reached 118,000 barrels of oil equivalent (boe) per day, reflecting an 81% year-over-year growth. Oil production alone was 102,000 barrels per day, up 79% from the previous year. This surge in production drove total revenues to $611 million, an increase of 54% compared to the same quarter last year. However, the average realized oil price of $62.2 per barrel marked a 13% decrease on an annual basis due to lower international oil prices.