Vista Energy (NYSE:VIST) Issues Earnings Results, Misses Expectations By $0.85 EPS

by · The Cerbat Gem

Vista Energy (NYSE:VIST – Get Free Report) announced its quarterly earnings results on Wednesday. The company reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.34 by ($0.85), Zacks reports. Vista Energy had a net margin of 32.66% and a return on equity of 15.92%.

Vista Energy Trading Down 1.3%

NYSE:VIST traded down $0.76 during midday trading on Wednesday, hitting $56.75. The stock had a trading volume of 847,081 shares, compared to its average volume of 1,231,252. The company has a quick ratio of 0.61, a current ratio of 0.62 and a debt-to-equity ratio of 0.98. The stock has a 50-day moving average of $51.83 and a 200 day moving average of $45.62. The company has a market capitalization of $5.92 billion, a price-to-earnings ratio of 8.34, a PEG ratio of 2.49 and a beta of 0.82. Vista Energy has a one year low of $31.63 and a one year high of $62.42.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on VIST shares. Bank of America assumed coverage on Vista Energy in a report on Wednesday, February 4th. They issued a “buy” rating and a $88.00 price target for the company. JPMorgan Chase & Co. upped their target price on shares of Vista Energy from $56.00 to $68.00 and gave the company an “overweight” rating in a research note on Thursday, November 13th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Vista Energy in a research note on Monday, December 29th. Zacks Research downgraded Vista Energy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 24th. Finally, The Goldman Sachs Group set a $53.20 price target on Vista Energy in a research note on Wednesday, December 17th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $68.55.

Read Our Latest Research Report on Vista Energy

Institutional Trading of Vista Energy

A number of hedge funds have recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Vista Energy during the third quarter worth about $28,499,000. JPMorgan Chase & Co. raised its position in Vista Energy by 21.8% during the 4th quarter. JPMorgan Chase & Co. now owns 3,634,260 shares of the company’s stock worth $176,843,000 after buying an additional 649,468 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in Vista Energy by 11.2% during the 4th 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 during the last quarter. VR Advisory Services Ltd acquired a new stake in Vista Energy during the 3rd quarter valued at approximately $12,682,000. Finally, CI Investments Inc. purchased a new stake in shares of Vista Energy in the 4th quarter valued at $14,109,000. Hedge funds and other institutional investors own 63.81% of the company’s stock.

About Vista Energy

(Get Free Report)

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.

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