Short Interest in Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) Increases By 27.5%

Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) was the target of a significant increase in short interest in March. As of March 13th, there was short interest totaling 2,440,792 shares, an increase of 27.5% from the February 26th total of 1,914,128 shares. Based on an average trading volume of 2,391,581 shares, the days-to-cover ratio is presently 1.0 days. Currently, 2.3% of the company’s stock are sold short.

Vista Energy Stock Performance

NYSE:VIST traded down $1.17 during trading hours on Tuesday, reaching $75.38. 3,292,767 shares of the stock were exchanged, compared to its average volume of 2,307,032. The stock has a market capitalization of $7.86 billion, a P/E ratio of 23.13, a P/E/G ratio of 1.02 and a beta of 0.84. The firm has a 50 day simple moving average of $60.28 and a 200-day simple moving average of $49.93. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 1.12. Vista Energy has a 52 week low of $31.63 and a 52 week high of $79.20.

Vista Energy (NYSE:VIST) last issued its quarterly earnings results on Wednesday, February 25th. The company reported $0.49 earnings per share for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.63). Vista Energy had a net margin of 29.06% and a return on equity of 15.65%. The firm had revenue of $719.06 million during the quarter, compared to the consensus estimate of $679.81 million. As a group, sell-side analysts forecast that Vista Energy will post 5.74 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on VIST shares. Zacks Research upgraded Vista Energy from a “strong sell” rating to a “hold” rating in a research note on Friday. Weiss Ratings raised Vista Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, March 13th. UBS Group raised shares of Vista Energy from a “neutral” rating to a “buy” rating and raised their price target for the stock from $50.00 to $65.00 in a research report on Sunday, January 11th. Bank of America began coverage on shares of Vista Energy in a research note on Wednesday, February 4th. They issued a “buy” rating and a $88.00 price target for the company. Finally, The Goldman Sachs Group set a $53.20 price target on shares of Vista Energy in a report on Wednesday, December 17th. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $68.55.

Institutional Trading of Vista Energy

A number of institutional investors and hedge funds have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Vista Energy in the 3rd quarter valued at about $28,499,000. Capital Research Global Investors grew its position in shares of Vista Energy by 26.2% during the 4th quarter. Capital Research Global Investors now owns 3,335,815 shares of the company’s stock valued at $162,321,000 after buying an additional 693,566 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Vista Energy by 21.8% during the fourth quarter. JPMorgan Chase & Co. now owns 3,634,260 shares of the company’s stock worth $176,843,000 after acquiring an additional 649,468 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in 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 acquiring an additional 402,585 shares during the last quarter. Finally, Ruffer LLP bought a new position in Vista Energy in the fourth quarter worth about $19,227,000. 63.81% of the stock is owned by institutional investors and hedge funds.

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.