Vista Energy (NYSE:VIST) Trading Down 4.1% Following Weak Earnings

Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Get Free Report) traded down 4.1% on Friday after the company announced weaker than expected quarterly earnings. The company traded as low as $46.67 and last traded at $46.93. 238,482 shares changed hands during mid-day trading, a decline of 73% from the average session volume of 895,982 shares. The stock had previously closed at $48.92.

The company reported $0.55 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.15 by ($1.60). The company had revenue of $610.54 million during the quarter, compared to the consensus estimate of $572.37 million. Vista Energy had a return on equity of 14.38% and a net margin of 27.23%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Wall Street Zen lowered shares of Vista Energy from a "hold" rating to a "sell" rating in a research note on Saturday. 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 assumed coverage on shares of Vista Energy in a report on Monday, April 7th. They issued an "outperform" rating for the company. One equities research analyst has rated the stock with a sell rating, four have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of $65.68.

Institutional Trading of Vista Energy

Several institutional investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC increased its stake in Vista Energy by 2.9% during the fourth quarter. Geode Capital Management LLC now owns 14,413 shares of the company's stock valued at $780,000 after purchasing an additional 410 shares during the last quarter. Legal & General Group Plc boosted 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 acquiring an additional 562 shares during the period. Deutsche Bank AG boosted its holdings in shares of Vista Energy by 9.6% during the first quarter. Deutsche Bank AG now owns 6,716 shares of the company's stock valued at $313,000 after acquiring an additional 590 shares during the period. Oppenheimer & Co. Inc. boosted its holdings in shares of Vista Energy by 14.6% during the first quarter. Oppenheimer & Co. Inc. now owns 4,950 shares of the company's stock valued at $230,000 after acquiring an additional 632 shares during the period. Finally, Money Concepts Capital Corp boosted its holdings in shares of Vista Energy by 5.1% during the first quarter. Money Concepts Capital Corp now owns 16,896 shares of the company's stock valued at $787,000 after acquiring an additional 813 shares during the period. Institutional investors own 63.81% of the company's stock.

Vista Energy Trading Down 5.6%

The company has a market cap of $4.40 billion, a price-to-earnings ratio of 8.32, a P/E/G ratio of 1.86 and a beta of 1.00. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.91 and a quick ratio of 0.90. The firm's fifty day moving average price is $49.31 and its 200-day moving average price is $49.46.

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.