Short Interest in Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST) Drops By 19.0%

Key Points

• Short interest in Vista Energy has decreased by 19.0%, with the total amount of shorted shares dropping from 3,100,000 to 2,510,000 as of August 31st.
• Several analysts have upgraded Vista Energy's stock ratings, with UBS Group changing it from a "hold" to a "strong-buy" rating, while the overall average rating now stands at "Buy".
• Despite a significant quarterly earnings miss, the company's revenue exceeded expectations at $610.54 million, indicating strong operational performance amid challenging market conditions.

Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Get Free Report) was the recipient of a significant decline in short interest in August. As of August 31st, there was short interest totaling 2,510,000 shares, a decline of 19.0% from the August 15th total of 3,100,000 shares. Based on an average daily trading volume, of 1,030,000 shares, the days-to-cover ratio is presently 2.4 days. Approximately 2.6% of the shares of the stock are sold short. Approximately 2.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,030,000 shares, the days-to-cover ratio is presently 2.4 days.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on VIST shares. Wall Street Zen raised shares of Vista Energy from a "sell" rating to a "hold" rating in a report on Saturday, August 30th. UBS Group raised shares of Vista Energy from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, June 17th. Finally, Zacks Research raised shares of Vista Energy from a "strong sell" rating to a "hold" rating in a research note on Tuesday, August 26th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus price target of $65.10.

Vista Energy Trading Down 5.2%

VIST stock traded down $1.92 during mid-day trading on Thursday, reaching $34.75. 2,127,686 shares of the stock traded hands, compared to its average volume of 1,266,183. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.41 and a current ratio of 0.41. Vista Energy has a one year low of $31.63 and a one year high of $61.67. The stock has a market capitalization of $3.31 billion, a PE ratio of 17.30 and a beta of 1.10. The business has a 50-day moving average price of $41.56 and a two-hundred day moving average price of $45.17.

Vista Energy (NYSE:VIST - Get Free Report) last posted its quarterly earnings data on Thursday, July 10th. The company reported $0.55 earnings per share for the quarter, missing analysts' consensus estimates of $2.15 by ($1.60). Vista Energy had a net margin of 29.12% and a return on equity of 12.02%. The firm had revenue of $610.54 million for the quarter, compared to the consensus estimate of $572.37 million. Equities research analysts expect that Vista Energy will post 5.74 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. grew its position in shares of Vista Energy by 6.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,989,929 shares of the company's stock worth $142,949,000 after buying an additional 171,718 shares in the last quarter. Ninety One UK Ltd lifted its stake in Vista Energy by 74.0% in the second quarter. Ninety One UK Ltd now owns 1,337,817 shares of the company's stock worth $63,961,000 after acquiring an additional 568,955 shares during the period. Price T Rowe Associates Inc. MD grew its holdings in Vista Energy by 2,843.7% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,150,422 shares of the company's stock worth $53,565,000 after acquiring an additional 1,111,341 shares in the last quarter. Vontobel Holding Ltd. increased its position in Vista Energy by 16.1% during the 2nd quarter. Vontobel Holding Ltd. now owns 1,017,790 shares of the company's stock valued at $48,661,000 after purchasing an additional 141,066 shares during the period. Finally, Encompass Capital Advisors LLC increased its position in Vista Energy by 24.4% during the 1st quarter. Encompass Capital Advisors LLC now owns 1,016,319 shares of the company's stock valued at $47,320,000 after purchasing an additional 199,221 shares during the period. 63.81% of the stock is currently owned by institutional investors.

Vista Energy Company 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.

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