Vista Energy (NYSE:VIST) Issues Quarterly Earnings Results

Vista Energy (NYSE:VIST - Get Free Report) issued its quarterly earnings data on Thursday. The company reported $0.55 EPS for the quarter, missing the consensus estimate of $2.15 by ($1.60), Zacks reports. The firm had revenue of $610.54 million for the quarter, compared to analysts' expectations of $572.37 million. Vista Energy had a net margin of 29.12% and a return on equity of 12.02%.

Vista Energy Stock Performance

NYSE:VIST traded down $2.74 during trading hours on Friday, reaching $46.18. The company had a trading volume of 2,133,622 shares, compared to its average volume of 903,933. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.41 and a quick ratio of 0.41. Vista Energy has a 1-year low of $32.11 and a 1-year high of $61.67. The business's 50 day moving average price is $49.31 and its 200-day moving average price is $49.43. The firm has a market cap of $4.40 billion, a PE ratio of 8.32, a price-to-earnings-growth ratio of 1.86 and a beta of 1.00.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Amundi purchased a new position in Vista Energy during the 1st quarter valued at about $229,000. Royal Bank of Canada raised its position in 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 purchasing an additional 4,246 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its position in Vista Energy by 57.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 183,717 shares of the company's stock valued at $8,554,000 after purchasing an additional 67,189 shares in the last quarter. 63.81% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently commented on VIST. Wall Street Zen lowered shares of Vista Energy from a "hold" rating to a "sell" rating in a report on Saturday. Pickering Energy Partners started coverage on shares of Vista Energy in a report on Monday, April 7th. They issued an "outperform" rating for the company. Finally, UBS Group upgraded shares of Vista Energy from a "hold" rating to a "strong-buy" rating in a report on Tuesday, June 17th. One research 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's stock. According to data from MarketBeat.com, the company 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.