Thiel fund buys stake in Vista Energy
Peter Thiel's hedge fund, Thiel Macro LLC, disclosed a roughly 1.2 million ADS holding in Vista Energy worth about US$76 million in a US SEC Form 13F covering holdings as of June 30, 2026. Vista is a pure-play Vaca Muerta operator producing about 156,000 boe/d, with roughly 70% exported, and management guided to about 170,000 boe/d by Q4 2026; an Equinor acquisition added about 14,200 boe/d. Argentina hit a monthly oil record of 887,227 bpd in May 2026, and Vista's Bandurria Norte sits under a US$5.8 billion RIGI regime offering 30 years of fiscal stability.
Thiel Macro acquired roughly a 1% stake in Vista Energy.
Context
Argentina has sharply increased shale oil output from Vaca Muerta. Vista Energy has grown production and acquired Equinor assets. Foreign funds buying Vista shares may encourage more exports and investment.
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