October 28, 2021 |
Vista Oil & Gas, the third-biggest oil producer in Argentina, plans to use some of its free cash flow to reduce liabilities, a move that comes after raising funds in the local market earlier this year to stretch out its debt maturities and pre-finance debt payments next year, CEO and chairman Miguel Galuccio said Wednesday.
"We plan to use the cash flow that we have to deleverage the company," he said in a conference call about the company's third-quarter results. "I think it is a good polic
Argentina-focused oil and gas company could end the year with less debt than EBITDA, CEO says