Vista Energy (NYSE:VIST) Announces Quarterly Earnings Results

Vista Energy (NYSE:VIST) announced its quarterly earnings data on Wednesday. The company reported $0.89 earnings per share for the quarter, missing the consensus estimate of $1.58 by ($0.69), Zacks reports. Vista Energy had a net margin of 29.06% and a return on equity of 15.65%. The firm had revenue of $865.01 million for the quarter, compared to the consensus estimate of $732.28 million.

Vista Energy Trading Up 2.1%

NYSE:VIST opened at $74.63 on Thursday. The company has a market cap of $7.78 billion, a P/E ratio of 11.17, a P/E/G ratio of 0.19 and a beta of 0.72. The stock’s fifty day moving average price is $66.22 and its two-hundred day moving average price is $54.95. Vista Energy has a 1 year low of $31.63 and a 1 year high of $79.20. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.86 and a quick ratio of 0.86.

Institutional Investors Weigh In On Vista Energy

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Corient Private Wealth LLC purchased a new stake in shares of Vista Energy in the fourth quarter worth $240,000. XTX Topco Ltd raised its position in shares of Vista Energy by 109.2% in the fourth quarter. XTX Topco Ltd now owns 24,700 shares of the company’s stock worth $1,202,000 after buying an additional 12,895 shares in the last quarter. Interval Partners LP purchased a new stake in shares of Vista Energy in the fourth quarter worth $2,992,000. Jump Financial LLC purchased a new stake in shares of Vista Energy in the fourth quarter worth $4,001,000. Finally, Price T Rowe Associates Inc. MD raised its position in shares of Vista Energy by 11.2% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 3,989,783 shares of the company’s stock worth $194,145,000 after buying an additional 402,585 shares in the last quarter. Hedge funds and other institutional investors own 63.81% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Zacks Research raised Vista Energy from a “hold” rating to a “strong-buy” rating in a report on Monday. Bank of America assumed coverage on Vista Energy in a report on Wednesday, February 4th. They set a “buy” rating and a $88.00 price objective for the company. JPMorgan Chase & Co. increased their price objective on Vista Energy from $69.00 to $89.00 and gave the company an “overweight” rating in a report on Wednesday. Weiss Ratings raised Vista Energy from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, March 13th. Finally, UBS Group raised Vista Energy from a “neutral” rating to a “buy” rating and increased their price objective for the company from $50.00 to $65.00 in a report on Sunday, January 11th. One analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $73.80.

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.