Why These Energy Stocks are Gaining This Week

4. Vista Energy, S.A.B. de C.V. (NYSE:VIST)

Share Price Gains Between Apr. 9 – Apr. 16: 16.51%

Vista Energy, S.A.B. de C.V. (NYSE:VIST) is a leading independent operator, with its main assets in Vaca Muerta, the largest shale oil and shale gas play under development outside North America.

The stock of Vista Energy, S.A.B. de C.V. (NYSE:VIST) received a significant boost this week after it announced the acquisition of Petronas Argentina, which holds a 50% working interest in the La Amarga Chica unconventional concession in Vaca Muerta, Argentina. The $1.2 billion acquisition allows Vista to gain significant scale in Vaca Muerta with a premium block that has growing production and low operating costs.