30,100 Shares in Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST) Purchased by Ping Capital Management Inc.

Ping Capital Management Inc. bought a new position in shares of Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 30,100 shares of the company's stock, valued at approximately $1,401,000. Vista Energy comprises about 0.5% of Ping Capital Management Inc.'s holdings, making the stock its 20th biggest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VIST. Legal & General Group Plc raised its holdings in shares of Vista Energy by 32.9% during the fourth quarter. Legal & General Group Plc now owns 2,269 shares of the company's stock valued at $123,000 after purchasing an additional 562 shares during the period. O Shaughnessy Asset Management LLC acquired a new position in Vista Energy during the 4th quarter valued at about $209,000. B. Metzler seel. Sohn & Co. AG acquired a new position in Vista Energy during the 4th quarter valued at about $213,000. Arete Wealth Advisors LLC acquired a new position in Vista Energy during the 4th quarter valued at about $218,000. Finally, Oppenheimer & Co. Inc. boosted its stake in Vista Energy by 14.6% during the 1st quarter. Oppenheimer & Co. Inc. now owns 4,950 shares of the company's stock valued at $230,000 after purchasing an additional 632 shares during the last quarter. Institutional investors own 63.81% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have commented on VIST shares. Wall Street Zen upgraded shares of Vista Energy from a "sell" rating to a "hold" rating in a research note on Sunday. UBS Group upgraded shares of Vista Energy from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, June 17th. Finally, Pickering Energy Partners initiated coverage on shares of Vista Energy in a research report on Monday, April 7th. They set an "outperform" rating for the company. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Buy" and an average price target of $65.68.

Vista Energy Price Performance

NYSE VIST traded down $0.59 on Friday, hitting $44.50. The stock had a trading volume of 1,122,359 shares, compared to its average volume of 914,391. Vista Energy, S.A.B. de C.V. - Sponsored ADR has a 52-week low of $32.11 and a 52-week high of $61.67. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.41 and a current ratio of 0.41. The company has a market capitalization of $4.24 billion, a price-to-earnings ratio of 8.02, a price-to-earnings-growth ratio of 1.69 and a beta of 1.00. The firm has a 50-day moving average of $49.28 and a 200-day moving average of $49.14.

Vista Energy (NYSE:VIST - Get Free Report) last issued its earnings results on Thursday, July 10th. The company reported $0.55 EPS for the quarter, missing analysts' consensus estimates of $2.15 by ($1.60). The business had revenue of $610.54 million during the quarter, compared to analysts' expectations of $572.37 million. Vista Energy had a return on equity of 12.02% and a net margin of 29.12%. Equities analysts expect that Vista Energy, S.A.B. de C.V. - Sponsored ADR will post 5.74 EPS for the current year.

Vista Energy Profile

Vista Energy, SAB. de C.V., through its subsidiaries, engages in the exploration and production of oil and gas in Latin America. The company's principal assets located in Neuquina basin, Argentina and Vaca Muerta. It owns producing assets in Argentina and Mexico. In addition, the company involved in drilling and workover activities located in Argentina.