Vista Energy raises 2026-2028 free cash flow forecast to USD 2.8 billion
VIST•Vista Energy raised its cumulative 2026-2028 free cash flow forecast to USD 2.8 billion from USD 1.5 billion. It also increased its average adjusted EBITDA margin target for the period to approximately 67% from approximately 65%.
1. Higher cash flow forecast
Vista Energy raised its cumulative 2026-2028 free cash flow forecast to USD 2.8 billion from USD 1.5 billion. Adjusted EBITDA is projected to reach USD 3.6 billion in 2028, compared with USD 1.6 billion in 2025, while the average adjusted EBITDA margin target for 2026-2028 increased to approximately 67% from approximately 65%.
2. 2030 outlook
Vista Energy targets annual free cash flow of USD 2 billion in 2030, with production exceeding 250,000 barrels of oil equivalent daily. Third-quarter 2026 production reached 169,000 barrels of oil equivalent daily, supporting adjusted EBITDA of USD 841.5 million.
