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

Vista Energy (NYSE:VIST) posted 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 return on equity of 14.80% and a net margin of 25.65%.

Vista Energy Stock Performance

VIST traded down $3.15 on Thursday, reaching $62.38. 981,981 shares of the stock were exchanged, compared to its average volume of 1,359,209. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.77 and a quick ratio of 0.76. The company’s 50-day moving average price is $69.48 and its 200 day moving average price is $63.61. The firm has a market capitalization of $6.50 billion, a PE ratio of 9.12, a PEG ratio of 0.51 and a beta of 0.63. Vista Energy has a fifty-two week low of $31.63 and a fifty-two week high of $81.44.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Royal Bank of Canada increased its holdings in Vista Energy by 82.0% in the 1st quarter. Royal Bank of Canada now owns 9,424 shares of the company’s stock worth $439,000 after buying an additional 4,246 shares during the period. Amundi acquired a new stake in Vista Energy during the 1st quarter valued at approximately $229,000. Goldman Sachs Group Inc. boosted its holdings in shares of 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 acquiring an additional 67,189 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Vista Energy by 11.6% in the 2nd quarter. Geode Capital Management LLC now owns 16,665 shares of the company’s stock valued at $797,000 after acquiring an additional 1,731 shares during the last quarter. Finally, Cetera Investment Advisers acquired a new stake in shares of Vista Energy in the second quarter worth $506,000. 63.81% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on VIST. Weiss Ratings reiterated a “buy (b-)” rating on shares of Vista Energy in a report on Tuesday, June 9th. UBS Group upped their target price on Vista Energy from $86.00 to $87.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. JPMorgan Chase & Co. increased their price target on Vista Energy from $89.00 to $93.00 and gave the company an “overweight” rating in a research note on Tuesday, May 12th. Zacks Research downgraded Vista Energy from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Finally, HSBC assumed 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. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $83.24.

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.