Vista Energy (NYSE:VIST) Posts Earnings Results, Misses Estimates By $0.77 EPS

Vista Energy (NYSE:VIST) issued its quarterly earnings data on Thursday. The company reported $2.38 EPS for the quarter, missing the consensus estimate of $3.15 by ($0.77), Zacks reports. Vista Energy had a net margin of 25.65% and a return on equity of 14.80%.

Vista Energy Stock Performance

Shares of NYSE VIST traded down $3.15 during mid-day trading on Thursday, hitting $62.38. The stock had a trading volume of 981,470 shares, compared to its average volume of 1,359,209. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.76 and a current ratio of 0.77. The company has a 50 day moving average of $69.48 and a two-hundred day moving average of $63.61. Vista Energy has a twelve month low of $31.63 and a twelve month high of $81.44. The firm has a market cap of $6.50 billion, a PE ratio of 9.12, a PEG ratio of 0.51 and a beta of 0.63.

Analysts Set New Price Targets

VIST has been the topic of several recent analyst reports. JPMorgan Chase & Co. upped their target price on Vista Energy from $89.00 to $93.00 and gave the company an “overweight” rating in a research report on Tuesday, May 12th. HSBC started coverage on Vista Energy in a research note on Sunday, June 14th. They set a “buy” rating and a $95.00 price target on the stock. UBS Group upped their price objective on shares of Vista Energy from $86.00 to $87.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Zacks Research lowered shares of Vista Energy from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Vista Energy in a research report on Tuesday, June 9th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $83.24.

Institutional Trading of Vista Energy

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd increased its holdings in shares of Vista Energy by 1,009.2% in the third quarter. Caitong International Asset Management Co. Ltd now owns 721 shares of the company’s stock valued at $25,000 after purchasing an additional 656 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Vista Energy during the second quarter worth about $163,000. Federated Hermes Inc. acquired a new stake in shares of Vista Energy during the fourth quarter worth about $221,000. HighTower Advisors LLC purchased a new stake in Vista Energy in the fourth quarter valued at approximately $223,000. Finally, Amundi purchased a new stake in Vista Energy in the first quarter valued at approximately $229,000. Institutional investors and hedge funds own 63.81% of the company’s stock.

About Vista Energy

Vista Energy (NYSE: VIST) is an independent energy company focused on the exploration, development and production of oil and natural gas resources in Mexico. The company operates through two primary segments: upstream exploration and production, and midstream and specialist services. By integrating both segments, Vista Energy seeks to capture value across the energy value chain, from field operations to the delivery of processed gas to industrial and power-generation customers.

In its upstream segment, Vista Energy holds interests in onshore gas fields in northeastern Mexico and shallow-water properties in the Bay of Campeche.