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Peter Thiel Bets $76 Million on Argentina’s Vaca Muerta Shale

Summary by Oil Price
Palantir chairman and hedge fund owner Peter Thiel bought a 1% stake in one of the biggest companies operating in the Vaca Muerta shale formation in Argentina in the latest evidence of the play’s prospects as the world’s second-largest shale oil and gas deposit amid a global crunch. Thiel bought the stake in Vista in the form of American depositary shares worth $76 million, according to a security filing cited by Reuters. The purchase came four …

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A group of protesters organized themselves at the door of the technological entrepreneur's mansion dressed as the mythical character of The Lord of the Rings; the tycoon is fanatical of the story created by J.R.R. Tolkien

·Vicente López, Argentina
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They expressed themselves against the landing of the entrepreneur in the country with a flag that said "you will not pass".The founder of Palantir is fanatical of The Lord of the Rings and the name of the company is inspired by the saga.

·Buenos Aires, Argentina
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The Duquesne fund reduced its holdings in local papers, while Discovery increased. Furthermore, Thiel appeared in Vista.

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  • 67% of the sources lean Right
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Perfil broke the news in Buenos Aires, Argentina on Tuesday, August 18, 2026.
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