Vista Energy up 5% after billionaire Peter Thiel buys stake in the Argentine shale oil producer
Peter Thiel's hedge fund disclosed a $76 million stake in Argentine oil producer Vista Energy, sending its shares higher in premarket trading.


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Peter Thiel's hedge fund disclosed a $76 million stake in Argentine oil producer Vista Energy, sending its shares higher in premarket trading.

Deal comes five years after Shell sold its US shale business and is its biggest acquisition for a decade. Shell has agreed to buy Canadian shale producer ARC R…

The transaction would boost Shell's oil and gas production capabilities
The shale-oil revolution that transformed the U.S. into the world's top oil producer is entering a new phase - one that could see America's hard-fought lead in…
This deal is the largest tie-up in the U.S. shale industry since Diamondback acquired Endeavor Energy Resources for about $26 billion in 2024.

The company will spend $5.2 billion in an equity purchases, as well as $2.33 billion on Aethon's interest bearing debt.

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