Vista Energy (NYSE:VIST) Sees Unusually-High Trading Volume – Here’s Why

Shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST) saw unusually-strong trading volume on Friday . Approximately 985,556 shares were traded during trading, an increase of 63% from the previous session’s volume of 603,576 shares.The stock last traded at $51.88 and had previously closed at $48.82.

Wall Street Analyst Weigh In

Several brokerages have recently commented on VIST. JPMorgan Chase & Co. assumed coverage on Vista Energy in a research report on Tuesday, August 20th. They set an “overweight” rating and a $68.00 price objective on the stock. Bank of America reduced their price target on shares of Vista Energy from $70.00 to $68.00 and set a “buy” rating on the stock in a research report on Wednesday, September 18th. Finally, UBS Group upgraded shares of Vista Energy from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $55.00 to $60.00 in a report on Friday, September 27th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $59.80.

Vista Energy Stock Performance

The company has a market cap of $5.09 billion, a P/E ratio of 12.25, a price-to-earnings-growth ratio of 0.40 and a beta of 1.79. The business has a 50 day moving average price of $48.39 and a two-hundred day moving average price of $46.14. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.76 and a current ratio of 0.77.

Institutional Trading of Vista Energy

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Custom Index Systems LLC increased its stake in shares of Vista Energy by 2.9% in the third quarter. Custom Index Systems LLC now owns 7,763 shares of the company’s stock worth $343,000 after buying an additional 218 shares during the period. Blue Trust Inc. grew its holdings in Vista Energy by 160.0% in the 3rd quarter. Blue Trust Inc. now owns 8,872 shares of the company’s stock worth $403,000 after acquiring an additional 5,460 shares during the last quarter. Connective Portfolio Management LLC grew its holdings in Vista Energy by 123.1% in the 3rd quarter. Connective Portfolio Management LLC now owns 29,000 shares of the company’s stock worth $1,281,000 after acquiring an additional 16,000 shares during the last quarter. Verde Servicos Internacionais S.A. purchased a new position in shares of Vista Energy in the third quarter valued at about $994,000. Finally, Diversified Trust Co bought a new position in shares of Vista Energy during the third quarter valued at about $694,000. Institutional investors own 63.81% of the company’s stock.

About Vista Energy

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.