Vista Energy (NYSE:VIST) Issues Quarterly Earnings Results

Key Points

• Vista Energy reported quarterly EPS of $2.16, missing the consensus estimate of $2.79 by $0.63. The company posted a 23.56% net margin and a 20.26% return on equity.
• Shares rose 1.2% to $72.38, while the stock traded below its 12-month high of $81.44. Vista Energy has a market capitalization of approximately $8.01 billion and a P/E ratio of 9.55.
• Analyst sentiment remains favorable: five analysts rate the stock Buy and one rates it Hold, producing a consensus rating of Moderate Buy and an average price target of $83.44.

Vista Energy (NYSE:VIST - Get Free Report) announced its earnings results on Wednesday. The company reported $2.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.79 by ($0.63), Zacks reports. Vista Energy had a net margin of 23.56% and a return on equity of 20.26%.

Vista Energy Stock Up 1.2%

Shares of Vista Energy stock traded up $0.85 on Wednesday, hitting $72.38. 670,366 shares of the company traded hands, compared to its average volume of 1,236,287. The company has a 50-day moving average price of $70.75 and a 200 day moving average price of $66.50. The company has a quick ratio of 0.68, a current ratio of 0.69 and a debt-to-equity ratio of 0.84. Vista Energy has a 12-month low of $43.71 and a 12-month high of $81.44. The company has a market cap of $8.01 billion, a PE ratio of 9.55, a PEG ratio of 0.65 and a beta of 0.68.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Weiss Ratings upgraded Vista Energy from a "buy (b-)" rating to a "buy (b)" rating in a report on Friday, October 16th. JPMorgan Chase & Co. increased their price objective on Vista Energy from $93.00 to $94.00 and gave the stock an "overweight" rating in a research note on Tuesday, September 1st. Finally, Zacks Research upgraded Vista Energy from a "strong sell" rating to a "hold" rating in a research report on Tuesday, September 29th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $83.44.

Vista Energy Company Profile

Vista Energy, SAB. de C.V. is an independent oil and gas company focused on the exploration, development and production of hydrocarbons. The company's operations are centered on Argentina's Vaca Muerta shale formation, where it develops unconventional oil and natural gas resources. Its products include crude oil, natural gas and natural gas liquids.

Vista was established in 2017 by Miguel Galuccio, who previously served as chief executive officer of YPF. The company was created to pursue upstream oil and gas opportunities in Latin America and subsequently built its principal operating position in Argentina.

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