Vista Energy (NYSE:VIST) Announces Quarterly Earnings Results, Misses Estimates By $1.60 EPS

Vista Energy (NYSE:VIST - Get Free Report) posted its quarterly earnings data on Thursday. The company reported $0.55 earnings per share for the quarter, missing analysts' consensus estimates of $2.15 by ($1.60), Zacks reports. 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 during the quarter, compared to analyst estimates of $572.37 million.

Vista Energy Trading Down 0.1%

Shares of VIST traded down $0.05 during mid-day trading on Tuesday, hitting $45.40. The company had a trading volume of 1,310,707 shares, compared to its average volume of 907,838. The stock has a market cap of $4.32 billion, a PE ratio of 8.18, a P/E/G ratio of 1.86 and a beta of 1.00. The company has a quick ratio of 0.41, a current ratio of 0.41 and a debt-to-equity ratio of 0.89. Vista Energy has a 1-year low of $32.11 and a 1-year high of $61.67. The business's 50-day simple moving average is $49.36 and its 200-day simple moving average is $49.36.

Institutional Trading of Vista Energy

A number of large investors have recently modified their holdings of VIST. Goldman Sachs Group Inc. lifted its position in shares of Vista Energy by 57.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 183,717 shares of the company's stock worth $8,554,000 after buying an additional 67,189 shares during the period. Royal Bank of Canada grew its holdings in shares of Vista Energy by 82.0% in the 1st quarter. Royal Bank of Canada now owns 9,424 shares of the company's stock valued at $439,000 after acquiring an additional 4,246 shares in the last quarter. Finally, Amundi acquired a new position in shares of Vista Energy in the first quarter valued at $229,000. Institutional investors and hedge funds own 63.81% of the company's stock.

Analysts Set New Price Targets

VIST has been the topic of several recent research reports. Wall Street Zen lowered shares of Vista Energy from a "hold" rating to a "sell" rating in a research report on Saturday. UBS Group upgraded shares of Vista Energy from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, June 17th. Finally, Pickering Energy Partners started coverage on shares of Vista Energy in a research report on Monday, April 7th. They set an "outperform" rating for the company. One investment analyst has rated the stock with a sell rating, four have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, Vista Energy currently has an average rating of "Buy" and an average price target of $65.68.

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.